Adaptive ETF portfolios

Portfolio Pro

See what the portfolio owns now, and why it can adapt.

Portfolio Pro publishes two model ETF portfolios: Core Growth for compounding and Conservative for a calmer path, with current weights, historical stress behavior, and UCITS implementation alternatives.

Open Portfolio Pro See the product explained

Use it when: You want an adaptive ETF allocation rather than a permanent static mix.
Start with: Core Growth or Conservative
Leave with: The current allocation, implementation route, and adaptation evidence

Inside Portfolio Pro

See the mandate, allocation, and evidence together.

The page connects the portfolio objective with the current ETF weights and the historical periods that show how adaptation behaved.

Select a numbered point to trace the screen.

Portfolio Pro shown in the Investor Desk interface — Current Portfolio Pro interface. Select a point above or open the full screen. Displayed names and values can change as the product updates.

Why Portfolio Pro

A more deliberate way to stay invested.

Portfolio Pro is designed to pursue long-run growth while adapting exposure when volatility, breadth, and market risk deteriorate.

01 · Downside design

Adaptive rather than permanently risk-on

Core Growth and Conservative can change ETFs, sleeve weights, and total equity exposure at the monthly review instead of holding a static allocation through every regime.

02 · Historical stress evidence

Shallower losses in the displayed simulation

Core shows an -18.5% maximum drawdown and Conservative -11.8%, versus roughly -55% for the S&P 500 comparison. In 2008, the displayed returns are -11.7%, -3.8%, and -37% respectively.

03 · European access

EU-listed UCITS ETF alternatives

Switch from the US-listed implementation to UCITS Europe to map the same model sleeves and weights to suitable European-listed ETF wrappers.

Portfolio results shown are historical simulations, not guarantees. UCITS wrappers can differ in fees, currency, domicile, liquidity, tax treatment, and tracking.

Adaptive portfolio deep dive

Portfolio Pro / Allocation system

Choose the mandate first. Let the dated model determine the holdings.

Portfolio Pro publishes two complete ETF model portfolios. Each has a different job, but both can rotate holdings and risk at the monthly review. The current target weights are the product; individual funds are not standalone recommendations.

01 / Adaptive growth

Core Growth

Pursue long-run compounding while retaining the ability to reduce exposed equity risk.

How it adapts: Owns market leadership when conditions support it, then rotates sleeves or lowers risk when the model weakens.
Use it when: The priority is growth and the investor can accept a more active path than Conservative.

02 / Adaptive preservation

Conservative Preservation

Stay invested for growth with a smoother path and more room to reduce equity exposure.

How it adapts: Uses a lower-volatility allocation mandate and historically took less simulated drawdown than Core.
Use it when: The priority is capital preservation and a calmer path matters more than maximizing upside capture.

Monthly adaptive cycle

The portfolio changes only through a published model update.

Adaptive does not mean constant trading or discretionary reaction to every headline. The model reviews the regime on its monthly cycle, builds a complete target allocation, and publishes one dated snapshot for the next period.

01
Observe the regime

The monthly review evaluates leadership, breadth, volatility, and the market's broader risk condition.
02
Rank the available sleeves

Eligible equity, factor, sector, and defensive ETF exposures are compared using the current model state.
03
Build the allocation

The selected sleeves receive target weights that together form the complete model portfolio.
04
Rotate or reduce risk

When conditions weaken, the portfolio can change holdings, lower exposed equity risk, or favor more defensive sleeves.
05
Publish the dated snapshot

The new model date, implementation, and full target weights replace the prior snapshot until the next published review.

Current allocation anatomy

Read the model as one reconciled portfolio.

The mandate, date, implementation, sleeve, and weight answer different questions. Check all of them before translating the model into an account, and never treat the highest-weight fund as the only important output.

01Mandate: Core Growth or Conservative Preservation. This determines the portfolio's objective before any ETF is selected.
02Model date: The effective date of the current published weights. It tells you which monthly snapshot you are reading.
03Fund and ticker: The exact ETF wrapper used for the selected U.S. or UCITS implementation.
04Sleeve role: The economic exposure each fund contributes, such as small cap, technology, momentum, equal weight, or defense.
05Target weight: The model allocation for the current snapshot. Read every row because the weights work as one portfolio.
06Total allocation: The displayed holdings should reconcile to the complete model allocation, subject to stated rounding.

Historical evidence

Downside protection must be visible in the path, not asserted in a slogan.

The stress table below reproduces the figures displayed in the product's historical simulation. It is useful because both portfolios and the S&P 500 use the same dated periods. It is not a promise that a future decline will look the same.

Period S&P 500 Core Conservative What it shows

2008 crisis -36.8% -11.7% -3.8%

The displayed simulation reduced the depth of the equity-market decline in both mandates.

2022 rates -18.2% -5.4% -4.3%

Both simulated portfolios adapted through a difficult inflation and rates regime.

Worst drawdown -50.8% -18.5% -11.8%

Maximum drawdown shows the worst historical peak-to-trough path, not the loss limit for the future.

Same-window benchmark

Was the comparison measured over the same dates?

Portfolio and S&P 500 results should use the identical start and end date before any relative claim is considered.

CAGR

How quickly did capital compound?

Annualized growth makes long periods comparable, but it does not describe the volatility or losses endured along the way.

Maximum drawdown

How severe was the worst historical decline?

Peak-to-trough loss is the clearest test of the downside design. It should be read with CAGR, not replaced by it.

Stress periods

How did the model behave in difficult regimes?

2008, 2022, and other dated periods reveal how adaptation behaved when equity leadership or macro conditions changed.

Year-by-year returns

Was the outcome dependent on one exceptional year?

The annual table exposes the full path, including weak years, lagging years, and the periods when defense mattered.

Simulation assumptions

What costs, timing, and methodology shaped the result?

Read model frequency, assumed costs, validation notes, and simulation status before treating historical evidence as investable experience.

U.S. and UCITS implementation

Same model intent. Different fund wrappers.

The implementation toggle does not create a third portfolio. It translates the selected Core or Conservative allocation into the wrapper set available to the account. Confirm the exact instrument before execution.

01 / Original implementation

U.S.-listed ETFs

Shows the primary U.S.-listed ETF set and the exact target weights for the selected mandate.

Verify before use: Confirm ticker, exchange, fund name, trading currency, spread, and account eligibility before execution.

02 / European-listed alternatives

UCITS Europe

Maps the same model sleeve and weight intent to suitable UCITS ETF wrappers for investors who cannot or do not want to use U.S.-listed funds.

Verify before use: Use the ISIN when possible. Exchange ticker, currency line, fees, domicile, tax treatment, liquidity, and tracking can differ.

The monthly implementation routine

Turn one dated model snapshot into a controlled rebalance.

The workflow is deliberately quiet between updates. Verify the new snapshot, calculate the differences, execute the correct wrappers, and preserve a record of any real-world divergence.

01
Choose Core Growth or Conservative from the objective and acceptable drawdown path, not the latest return leader.
02
Select U.S.-listed or UCITS Europe before reading tickers so the displayed wrapper set matches the intended account.
03
Verify the model date and confirm that the current snapshot is newer than the allocation you already hold.
04
Compare every target weight with the prior snapshot and calculate only the changes needed to reach the new model.
05
Confirm each fund identity, exchange, ISIN where applicable, spread, and trading currency before placing an order.
06
Record any execution difference, fee, tax constraint, or unavailable wrapper that makes the real account diverge from the model.
07
Hold the published allocation until a new dated monthly snapshot appears; ordinary market movement is not an instruction to improvise.

Important boundaries

Adaptive is a process, not a guarantee.

Portfolio Pro publishes model portfolios, not a managed account or individualized allocation.
The displayed long-term record and stress periods are historical simulations, not realized subscriber returns or guarantees.
Adaptive does not mean loss-proof. Both portfolios can fall, lag the S&P 500, or react too slowly to a sudden regime change.
Core and Conservative serve different objectives; recent performance is not a sound reason to switch mandates.
UCITS alternatives preserve model intent where practical, but wrappers can differ materially from their U.S. counterparts.
Taxes, spreads, fees, rebalance timing, partial fills, and broker restrictions can change the user's realized outcome.

Visual product guide

Seventeen real product captures

See the mandate, evidence, and implementation before you allocate.

These are distinct states from the working Portfolio Pro surface: both mandates, their historical paths, the current U.S. and UCITS allocations, methodology, and the complete mobile workflow.

01 / Choose the mandate

Start with the job the portfolio must do.

Core Growth and Conservative Preservation share an adaptive process but serve different objectives. Read the mandate and downside path before comparing returns.

Portfolio Pro Core Growth overview with stress-period evidence — 01
**Core Growth**
Review the growth mandate, current model date, historical stress table, and adaptive design together.

Portfolio Pro Conservative Preservation overview with stress-period evidence — 02
**Conservative Preservation**
Choose the calmer mandate when capital preservation matters more than maximizing upside capture.

02 / Inspect the evidence

Judge return and downside on the same historical path.

The product keeps CAGR, maximum drawdown, same-window S&P comparison, annual returns, stress periods, and simulation assumptions connected to the selected mandate.

Core Growth performance chart compared with the S&P 500 — 03
**Core performance path**
Read growth and drawdown together instead of treating the headline return as the whole result.

Conservative Preservation performance chart compared with the S&P 500 — 04
**Conservative performance path**
Compare the smoother simulated mandate with the same benchmark and market window.

Portfolio Pro year-by-year returns table — 05
**Year-by-year returns**
Expose weak years, lagging years, and the periods when adaptation mattered rather than relying on one terminal number.

Portfolio Pro long-term simulation and methodology disclosures — 06
**Method and disclosure**
Confirm model frequency, assumed costs, validation notes, and simulation status before using the historical evidence.

03 / Implement the portfolio

Translate one model into the wrapper set your account can hold.

The U.S. and UCITS views preserve the portfolio's sleeve and weight intent while making the exact fund wrapper, effective date, and allocation visible.

Core Growth current U.S.-listed ETF weights and allocation mix — 07
**U.S.-listed weights**
Read every fund and weight as one complete model snapshot, not a menu of individual ETF ideas.

Core Growth with UCITS Europe implementation selected — 08
**Switch to UCITS Europe**
Keep the mandate and model weights while changing the fund-market implementation.

Core Growth current UCITS ETF implementation with ISIN context — 09
**Core UCITS wrappers**
Use the exact fund name and ISIN because exchange tickers and trading currencies can differ by broker.

Conservative Preservation with UCITS Europe implementation selected — 10
**Conservative UCITS mandate**
The preservation objective remains primary when the wrapper set changes.

Conservative Preservation current UCITS ETF weights — 11
**Conservative UCITS wrappers**
Verify the complete defensive allocation and effective date before translating it into an account.

04 / Mobile workflow

Choose, verify, and review the full model from a phone.

The mobile path keeps mandate selection, implementation, current weights, stress evidence, and methodology in one vertical sequence without horizontal page scrolling.

Portfolio Pro Core Growth overview on mobile — 12
**Core overview**
Choose the mandate and see its current performance before moving into the allocation.

Portfolio Pro Conservative Preservation overview on mobile — 13
**Conservative overview**
Compare the preservation mandate without leaving the same product path.

Portfolio Pro current U.S.-listed ETF weights on mobile — 14
**Current U.S. allocation**
Check the model date, review schedule, fund names, and target weights from the phone.

Portfolio Pro Core Growth UCITS implementation on mobile — 15
**UCITS mode**
Switch the fund market while keeping the selected portfolio objective visible.

Portfolio Pro UCITS ETF weights and ISINs on mobile — 16
**UCITS allocation**
Use the displayed wrapper and ISIN context to verify what the broker actually offers.

Portfolio Pro stress evidence and long-term simulation on mobile — 17
**Evidence and method**
Continue from the stress table into the full simulated path and its disclosure without changing screens.

How to use it

Choose the objective, then inspect the current implementation.

Start with the mandate. Only then compare current weights, implementation route, performance, and stress-period behavior.

01

Choose Core or Conservative

Start with the objective and acceptable drawdown path, not whichever portfolio led most recently.
02

Read the current allocation

Review every ETF weight, sleeve, and effective model date. The weights together form the portfolio.
03

Inspect historical behavior

Compare growth, drawdown, annual returns, and stress periods with the S&P 500 over the same horizon.
04

Choose an implementation

US-listed and European UCITS views map the same portfolio intent to the available wrapper set.

Portfolio Pro on mobile

Current weights remain easy to verify.

The mobile view keeps the portfolio mandate, latest allocation, performance path, and implementation choice in a compact reading order.

Choose Core or ConservativeStart with the objective and acceptable drawdown path, not whichever portfolio led most recently.
Read the current allocationReview every ETF weight, sleeve, and effective model date. The weights together form the portfolio.
Inspect historical behaviorCompare growth, drawdown, annual returns, and stress periods with the S&P 500 over the same horizon.

Portfolio Pro shown in the mobile Investor Desk interface — Current mobile Portfolio Pro screen.

Example workflow

Example: choosing a portfolio path

Portfolio Pro is adaptive allocation, not a fixed ETF basket.

Choose the growth or preservation objective

Review current weights and update date

Compare drawdown and stress behavior

Use the appropriate US or UCITS implementation view

Updates and boundaries

Weights can change with the regime

Core Growth and Conservative are reviewed on the model's monthly cycle. A new allocation replaces the prior model snapshot only when the dated update is published.

Current ETF weights Monthly model update

US implementation Published with the model snapshot

UCITS alternatives Mapped to the same sleeves where suitable

Performance Marked through the displayed date

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Open Portfolio Pro.

Use Portfolio Pro with its current data, controls, and saved account context.

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