CorticorpFinance
Markets+0.11% since inception

Global Currency

FXVUE

Equities sleeve via UUP (US Dollar Bullish ETF) instead of the S&P 500 — a direct bet on the dollar itself, not on the businesses priced in it. A genuinely different macro driver: rate differentials and global capital flows, not corporate earnings.

Tear Sheet

Portfolio value$100,110
Since inception+0.11%
7d+0.11%
30d+0.11%
Max drawdown0.00%

Performance vs. S&P 500 buy & hold

Current allocation

22%
18%
37%
23%
CashTreasuriesEquitiesCommodities

Holdings

  • 22%

    Cash

  • 18%

    TreasuriesiShares 20+ Year Treasury Bond ETF

  • 37%

    EquitiesInvesco DB US Dollar Index Bullish Fund, the dollar against a basket of major currencies

  • 23%

    CommoditiesInvesco DB Commodity Index Tracking Fund

Allocation over time

Decision Log

  1. Oct 9, 2026, 4:27 PM EDT

    Cash 22%Treasuries 18%Equities 37%Commodities 23%

    The rate-advantage and risk-off setup from last cycle is still intact and has strengthened: Fed funds up again to 3.88%, financial conditions tightening (+0.055/4w) and financial stress up sharply (+0.324/4w), with +3.16% 1M and +3.53% 1M confirming a genuine dollar bid rather than noise. Treasury yields pulling back slightly doesn't change the broader rate-advantage picture, and 's -3.08% 1M shows duration still getting hurt by the back-up in long rates, so I'm trimming treasuries further into equities (). Commodities trimmed modestly on soft industrial metals (copper -12.8%) and mixed agri signals despite energy complex strength (gasoline/diesel up sharply), netting to a small reduction; cash trimmed slightly to fund the dollar overweight.

  2. Oct 8, 2026, 4:48 PM EDT

    Cash 23%Treasuries 20%Equities 32%Commodities 25%

    Fed funds rose another 25bp to 3.88% with minutes showing hawkish split, while financial conditions tightened (+0.055/4w) and financial stress jumped (+0.324/4w) — a classic rate-advantage-plus-risk-off combo that favors the dollar, consistent with 's steady 3.57% 1M gain and the 's 3.37% 1M rise. I'm trimming treasuries further ( -4.34% 1M as yields back up) since rising long rates undercut bond sleeve value even as they reinforce the dollar case. Commodities and cash are held roughly steady given mixed signals (crude geopolitical risk from Iran headlines vs. soft industrial metals/copper down 11.3%).

Simulated portfolio, starting cash $100,000. Not investment advice. Methodology.