The Riskalyze Report: Pencils Down!

At the request of so many investment advisors, my friends at Riskalyze share the big trends in the assets going into and coming out of advisor portfolios every week. The underlying data is aggregated from hundreds of thousands of client accounts across the $120 billion and counting that advisors manage on the Riskalyze platform*. I hope we can uncover interesting trends for you each week…


October 30th – November 5th

Winners (advisor flows TO these investments increased substantially):
  1. S&P 500 Low Volatility (SPLV)
  2. Gold Miners (GDX)
  3. Financials (XLF)

Losers (advisor flows FROM these investments increased substantially):

  1. Real Estate (XLRE, SCHH)
  2. 1-3 Year Treasury Bond (SHY)
  3. MSCI Low Volatility (EFAV)


Josh here – interesting to see a low-vol ETF make the winner column and another one make the loser column.

I wonder if it’s one large firm doing a swap from one to the other. Sometimes the wholesalers get in our ear and explain to us why the methodology underlying their index product is superior to the one we’re currently using. And sometimes they’re right. Making the decision to blow out of one and buy into a similar product carries some tax consequences, so advisors have to weigh that against the potential benefit.

Elsewhere, I’m told by Riskalyze CIO Mike McDaniel, “Advisor use of real estate decreased over 5% week over week. Advisor use of Gold Miners increased substantially.”

These are your final allocation shifts ahead of the election, having taken place over the last week. Pencils down!

*(to state the obvious, Riskalyze does not share client sensitive data with me or use animals in testing).