Classic 2x: 200K equivalent/16.667 each to the UPRO, TMF, UGLD and 50% to SHY/50K SHY and 150K (50K x3) equivalent everything else
Classic 1x: 100K/25% each to SHY, TLT, GLD, SPY
KMix 2.1x: 45% VCSH, 28% TQQQ, 13.5% TMF, UGLD
Purchase price was at the close 12/29/17 through the close on
6/7/18
2x = -2.68%/-8.86%DD
1x = -.31%/-4.16%DD
KM = 4.40%/-11.69%DD
Looks like almost half way through the year things are turning out as predicted - challenging! I won't be surprised to see TQQQ tank this year and overall the year to not end all that well.
Here's the latest on decay:
https://seekingalpha.com/article/418003 ... -dashboard
Unsurprisingly, UGLD has provided a stiff dose of decay. Range bound is a very
not good state for 3x ETFs. So long as the current range sticks, rebalancing UGLD by buying at 11 and selling at 12 could turn that dynamic around very nicely. I think I will take a look at that for my account. 18-20 for TMF is another possibility, though TMF has been more random. If one is thinking of trying the above, do the math, check the costs to ensure it is useful/profitable for you and if there is a breakout either way just go back to your normal rebalance range. Do not average down or scale out if there is a breakout. Basically for this portfolio it is best to let things run...but if something isn't running and you have the time to manage it then you can make $$$ on the back and forth. Implementation via good til cancelled orders with limit prices. And remember, your primary rebalance strategy should remain in place and executed above all...what is described is just a little tactical diversion to turn decay into a little profit.