RISK MANAGED EQUITIES

Seeks meaningful upside exposure while retaining defense against severe declines.

Tactical Q seeks to participate meaningfully in Nasdaq 100 market gains while using risk-responsive tactical hedging to mitigate the impact of severe market declines.

Tactical Q

How Tactical Q Works

Monitor

The Volatility Dashboard tracks market and volatility indicators for signs that risk conditions may be changing.

Evaluate

When conditions shift, the strategy assesses whether reducing equity exposure or adding tactical hedges may be warranted.

Respond

As risk increases, the strategy may reduce equity exposure and add tactical VIX hedges to help mitigate the impact of severe market declines.

Rebalance

As risk subsides, tactical hedges may be reduced and equity exposure increased toward more typical levels.

Where Tactical Q May Fit

For investors seeking meaningful Nasdaq 100 exposure while retaining defensive flexibility.

Who it may be for

Tactical Q may fit investors seeking a core U.S. growth equity allocation with a more responsive approach to risk than traditional Nasdaq 100 exposure. It can serve as a risk-managed growth equity sleeve within a broader portfolio.

Strategy Objectives

The strategy seeks meaningful participation in Nasdaq 100 growth while dynamically adjusting exposure and adding tactical VIX hedges when our signals indicate elevated risk. The goal is to improve the investment path over time while preserving the strategy’s long-term equity role.

Growth-oriented U.S. equity / Nasdaq-100
Respond defensively to major declines
Preserve the allocation's long-term equity role
Growth of $1,000
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Portfolio Exposure History
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Historical net notional exposure. Current and future positioning may differ.

Strategy Highlights

  • Seeks to reduce the severity of market crisis events.
  • Seeks meaningful participation in favorable equity markets.
  • Uses a systematic, rules-based risk management process.
  • Provides transparent positioning with daily exposure data.
  • Uses liquid index ETFs and VIX ETPs for implementation.

Key Facts

Inception 5/1/2020
Strategy Type Risk Managed Equity
Benchmark Nasdaq 100 Index
Typical Net Equity Exposure 80% to 120%
Hedge Instrument VIX ETPs
Rebalance Frequency Daily

How we put it all together

Our Volatility Dashboard combines these and other signals into a single framework that helps guide our hedging decisions. Learn more about our philosophy and process.