GTAA (Global Tactical Asset Allocation) Tactical Asset Allocation Strategy

Trend-following across five major asset classes (US stocks, intl stocks, REITs, bonds, commodities). Each asset held only when above its 10-month SMA; below-trend slices move to cash. Equal-weighted. Monthly rebalancing.

Backtest Performance (1992-11-30 to 2026-04-07)

MetricGTAA (Global Tactical Asset Allocation)
Compound Annual Growth Rate (CAGR)7.4%
Maximum Drawdown-16.8%
Sharpe Ratio1.01
Sortino Ratio1.28
Annualized Volatility7.3%
Calmar Ratio0.44
Total Return984.3%
Backtest Period33.3 years

Strategy Details

Type
Tactical (TAA)
Rebalancing
monthly
Risk Level
moderate
Variants
2
Author
Meb Faber

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