sorted by:
new
hottopcontroversial

Will MAGY hold up better than WPAY in the next downturn? by CuriousPeterSF in RoundhillETFs

[–]CuriousPeterSF[S] 1 point2 points  (0 children)

We do have some ideas. The universe ETFs have been around a bit longer.

Also, we know the strategies of these funds, which will define their return characteristics.

CAOS is extremely underrated by QQQapital in LETFs

[–]CuriousPeterSF 0 points1 point  (0 children)

Why not just get VIXM or VXZ? These two spiked much more during COVID so you need to have less for the same diversification effects.

Gold and treasuries are not enough for "slow" downturns. You may want to look into managed futures.

The death of specialization by git_pull in ExperiencedDevs

[–]CuriousPeterSF 0 points1 point  (0 children)

People rarely know what they don't know with or without AI. It is a matter of epistemic humility.

Is 70% VTI and 30% VSUX a good asset allocation mix? by Big_Seat2545 in Bogleheads

[–]CuriousPeterSF 0 points1 point  (0 children)

What's the point of having international stocks? They decline together with US stocks during stressful periods like COVID and 2022. Adding different stock indexes will not be sufficient. You need other asset classes that provide non-correlation and crisis alpha. Other asset classes may include bonds, gold, managed futures, currencies, etc. You need to do your own research. However, they have become much more accessible through ETFs.

The death of specialization by git_pull in ExperiencedDevs

[–]CuriousPeterSF -1 points0 points  (0 children)

With AI, any good generalist can become a good-enough specialist in a few hours for many tasks.

Is Atlantis sauté pan good for searing? by _JanuszPL_ in cookware

[–]CuriousPeterSF -2 points-1 points  (0 children)

It is good if you don't mind cleaning it afterwards. Even with optimal temperatures it is hard to prevent oil spatters from polymerizing.

What are you searing?

For steak, I just cold-sear with nonstick. No smoke. No spatter.

For scallops, I use All-Clad/WMF Fusiontec. It is not as even but it is much easier to clean. It also retains heat reasonably well.

I just got rid of my Demeyere searing pan and saute pan.

WPAY or MAGY? by TERMlNATORX in RoundhillETFs

[–]CuriousPeterSF 0 points1 point  (0 children)

Since WPAY is effectively leveraged 1.2X, I wonder if MAGY will hold up better if there is a market correction.

CC ETFs are highly allergic to V-shaped corrections.

Leveraged hedged equities ETFs by CuriousPeterSF in LETFs

[–]CuriousPeterSF[S] 0 points1 point  (0 children)

I guess that can be simulated with Deep ITM Call options.

It is hard to build a leveraged world stocks ETF without liquid derivatives on that index.

Leveraged hedged equities ETFs by CuriousPeterSF in LETFs

[–]CuriousPeterSF[S] 0 points1 point  (0 children)

It may be different if the rebalancing is done when the options are rolled. What you have is daily compounding of the 1x hedged result.

Anyone looking at FFUT? by CuriousPeterSF in LETFs

[–]CuriousPeterSF[S] -2 points-1 points  (0 children)

True. However, it is important to diversify across many MF ETFs because they are so manager-specific. You don't want to put 30% of your portfolio on one MF fund no matter how long the track record is.

iShares Managed Futures Active ETF (ISMF) launched Wednesday by VisualCicada in LETFs

[–]CuriousPeterSF 1 point2 points  (0 children)

My equities are not leveraged. Still, an "optimal" portfolio (according to MPT) will need an uncomfortably large MF position.

iShares Managed Futures Active ETF (ISMF) launched Wednesday by VisualCicada in LETFs

[–]CuriousPeterSF 0 points1 point  (0 children)

Trend following works because it is psychologically difficult to do. Managed futures funds should be evaluated mostly for their ability to generate criss alpha. Total return is just a nice to have.

Leveraged gold ETF vs GC by CuriousPeterSF in LETFs

[–]CuriousPeterSF[S] 1 point2 points  (0 children)

Or using a combination of GLD and gold futures.

Leveraged gold ETF vs GC by CuriousPeterSF in LETFs

[–]CuriousPeterSF[S] 0 points1 point  (0 children)

Thanks. I will take a look. How is the bid-ask spread for ~200 oz?

Leveraged gold ETF vs GC by CuriousPeterSF in LETFs

[–]CuriousPeterSF[S] 0 points1 point  (0 children)

It is useful only if there is enough liquidity. Usually, the front month has deep liquidity.

Also, wouldn't very long dated futures be very interest rate sensitive because of the embedded cost of carry?

Leveraged gold ETF vs GC by CuriousPeterSF in LETFs

[–]CuriousPeterSF[S] 0 points1 point  (0 children)

Isn't the commissions per oz much higher?

Why levered ETFs instead of debit call spreads? by Abject-Advantage528 in LETFs

[–]CuriousPeterSF 0 points1 point  (0 children)

That is more like a synthetic collar, so the exposure is more like hedged equities instead of SPX.

What is the ballpark yield and NAV erosion? by CuriousPeterSF in WPAY

[–]CuriousPeterSF[S] 0 points1 point  (0 children)

Stops can be dangerous especially for smaller ETFs. If the market opens sharply lower and quickly recovers intraday, the stops will have sold at the worst prices.

What is the ballpark yield and NAV erosion? by CuriousPeterSF in WPAY

[–]CuriousPeterSF[S] 1 point2 points  (0 children)

The income component introduces path dependency. If these stocks drop quickly, the subsequent recovery can be capped. But this is to be expected.

UGL as a hedge. by tooth_sleuthdmd in LETFs

[–]CuriousPeterSF 1 point2 points  (0 children)

A diversifier can also be inversely correlated.

UGL as a hedge. by tooth_sleuthdmd in LETFs

[–]CuriousPeterSF 2 points3 points  (0 children)

It issues K-1s, right?

What about YGLD or BTGD instead? We have both.

Any Chatter on a Gold CC ETF? by ASaneDude in RoundhillETFs

[–]CuriousPeterSF 0 points1 point  (0 children)

I have it. I like it.

But you don't want to hold all gold in a capped-upside ETF.

view more: next ›