Prometheus ETF Portfolio

Weekly Update: 10.18.2024

Welcome to Prometheus ETF Portfolio. The Prometheus ETF Portfolio aims to allow everyday investors to access an investment solution that combines active macro alpha, passive beta, and strict risk control, all in an easy-to-follow, low-turnover solution. We aim to achieve strong risk-adjusted returns relative to cash, with limited capital drawdowns in depth and duration. We do this in a highly accessible package, which rotates between five highly liquid ETFs, readily available to any investor with a brokerage account.  Without further ado, let us dive into our assessment of macroeconomic conditions: 

• Performance Update:  Our long-only portfolio was up by 0.40% this week on the back of strong gold returns.