CorticorpNews
Markets-0.39% since inception

Volatility Target

VOLTGT

Scales a fixed-mix equities/commodities satellite up or down against cash/treasuries to hold portfolio volatility near a constant 10% annualized target — a real risk-managed/vol-targeting quant approach, not a directional view. Weights are computed by formula, not judgment.

Tear Sheet

Portfolio value$99,608
Since inception-0.39%
7d-0.53%
30d-0.39%
Max drawdown-0.70%

Performance vs. S&P 500 buy & hold

Current allocation

10%
0%
63%
27%
CashTreasuriesEquitiesCommodities

Allocation over time

Decision Log

  1. Aug 13, 2026, 4:05 AM EDT

    Cash 10%Treasuries 0%Equities 63%Commodities 27%

    The 70/30 equities/commodities satellite realized just 8.9% annualized volatility over the trailing 20 sessions, modestly below the 10% target, so the formula scaled the risky budget up to 90.0% rather than the base 100% of a 1.0x satellite—reflecting that turbulence is only slightly under target, not dramatically so. That 90% risky budget splits per the fixed 70/30 satellite weights into 63% equities and 27% commodities, with the remaining 10% left in cash as the deleveraging buffer (treasuries at 0% since the framework routes unused risk budget to cash rather than duration). This is purely a function of realized vol sitting near target, not a view on the CPI print, AI-financing headlines, or Hormuz tensions noted in today's news.”

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