CEO & CIO, Newfound Research | 🥞 Return Stacked® ETFs | 🌊 Liquidity Cascades | 📆 Rebalance Timing Luck | ⚡️ Risk cannot be destroyed, only transformed.
🎙 www.flirtingwithmodels.com
- Tweets 42,141
- Following 1,244
- Followers 86,110
- Likes 80,965
Pinned Tweet
My company, Newfound Research, turned 15 today.
Coming up on this anniversary, I reflected quite a bit on my career. I’m not sure why, but this milestone feels larger than I would've expected.
So I decided to write something.
15 Ideas, Frameworks, and Lessons from 15 Years
101
276
1,715
679,387
☠️ death to dad bod
60 minutes of assault bike
4:00: 10 push ups
9:00: 12 push ups
14:00: 14 push ups
...
49:00: 28 push ups
54:00: 30 push ups
59:00: 32 push ups
8
16
4,298
Corey Hoffstein 🏴☠️ retweeted
𝐅𝐢𝐧𝐚𝐥 𝐜𝐚𝐥𝐥: the Return Stacking Symposium 2026 is almost full. Last year's event sold out, and if you've been planning to join us in Chicago on October 28, now is the time to register.
2
1
2
3,753
🇨🇦 Mackenzie Investments enters the return stacking arena in Canada
$MGEG
100% Global Equity + 50% Gold
The category grows
🥞🚀
7
2
48
6,156
5 years later...
66% NTSX / 34% DBMF
- 9.2% CAGR
- 10.4% ann. vol
- 12.4% max drawdown
100% VBINX
- 6.9% CAGR
- 11.5% ann vol
- 20.9% max drawdown
14/ By using capital efficient funds, we can achieve our target traditional asset allocation and free up capital to be invested in either economically diversifying asset classes or uncorrelated strategies.
e.g. 66.6% $NTSX + 33.4% $DBMF (managed futures)
8
3
84
14,755
can't believe I forgot to turn off the script I was using to test kalshi's API
looks like it's been ping-ponging $5500 orders for the last few months
whoops
17
4
450
41,207
At this point, I'm fully convinced that AI basically treats WIS as a dump stat for INT.
And if you don't have enough WIS to know when it's wrong, you dramatically overestimate the INT.
7
3
45
7,082
Winton filing for a U.S. Equity + Managed Futures ETF.
Looks like Managed Futures will be a combination of trend and carry.
The category grows.
🥞🚀
Managed futures ETFs filed
• Winton Managed Futures ETF
• Winton US Equities & Managed Futures ETF
Eff: Dec 4, 2026
Fees: 0.80%
Diversified managed futures strategy that combines a core allocation to a managed futures (or trend-following) strategy with diversifying quantitative investment strategies, such as carry, developed and implemented by Winton Capital Management Limited. The Fund invests globally long and short, using leverage, in a diversified range of markets including equities, commodities, currencies and fixed income, accessing these markets through futures, forwards, swaps, and other instruments.
Filing: sec.gov/Archives/edgar/data/…
#ETF #NewETF
13
2
83
17,151
For those looking for some prior returns to analyze, I suspect this will echo their global equity + trend UCITS, which they launched in March 2025.
Just be aware they scrubbed the initial month of performance.
Launched at end of March but got a new virginity apparently. By 7 April was down ~16% to $84 (first screenshot from their website that day). Now the May factsheet says USD class was launched 1 May (note same ISIN) and fund YTD +3.97% to exactly $103.97 (also a NAV reset to $100?)
2
5
2,699
Tomorrow 👇
⏰ Last chance to register.
Three years of trust in one ticker. RSST. A live three-year review with @GestaltU and @choffstein, tomorrow at 2:00 PM ET.
1
9
4,616
A nice, short little paper on replicating SG Trend using bottom up and top down models.
Independently published, but I've got a clear bias here...
4
14
157
24,682
As a category, buffer and defined outcome ETFs have reached upwards of $100bn in AUM.
We can think of these products through the lens of return stacking.
By isolating the options overlay, we can see explicitly what it does, and does not, provide.
9
2
31
7,715
The 10-year Treasury hit 5% and everyone hates bonds.
Can stacking trend on top of bonds may give a way for investors to lock in a very attractive nominal yield while defending against the risks of inflation.
4
1
53
8,211
AQR out with a new piece on inflation risk and building inflation-resilient portfolios.
No surprise to see a 15%+ trend overlay getting recommended here.
aqr.com/Insights/Research/Al…
22
46
405
52,502