RAA (Resilient Asset Allocation) at a glance

RAA (Resilient Asset Allocation) is a tactical asset allocation (TAA) strategy by Wouter J. Keller across US Growth Equity, US Small-Cap Value, Gold, Intermediate Treasuries, rebalanced monthly. Backtested 1994-03-31 to 2026-04-24 (32.1 years): 9.7% CAGR, 1.03 Sharpe, -23.7% max drawdown, 9.4% volatility.

Type
Tactical (TAA)
Author
Wouter J. Keller
Rebalancing
Monthly
Risk
Moderate
Period
1994-03-31 to 2026-04-24
CAGR
9.7%
Sharpe
1.03
Max Drawdown
-23.7%
Volatility
9.4%

RAA (Resilient Asset Allocation) Tactical Asset Allocation Strategy

Resilient Asset Allocation by Wouter Keller uses Growth-Trend Timing — combining FRED unemployment data with canary momentum. If unemployment is NOT rising, stay risk-on regardless. If rising, check canary (VWO, BND) 13612W momentum as override.

Backtest Performance (1994-03-31 to 2026-04-24)

MetricRAA (Resilient Asset Allocation)
Compound Annual Growth Rate (CAGR)9.7%
Maximum Drawdown-23.7%
Sharpe Ratio1.03
Sortino Ratio1.46
Annualized Volatility9.4%
Calmar Ratio0.41
Total Return1853.0%
Backtest Period32.1 years

Strategy Details

Type
Tactical (TAA)
Rebalancing
monthly
Risk Level
moderate
Variants
1
Author
Wouter J. Keller
Source
Keller, W.J. (2021). Resilient Asset Allocation (RAA)

Asset Classes

  • US Growth Equity
  • US Small-Cap Value
  • Gold
  • Intermediate Treasuries
  • Long-Term Treasuries

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