I have now taken the plunge and joined@Epi joined.

#3xGTAA

Asset performances 05/26 (30.4.-30.5, according to Wikifolio)

2xWTI: -22.5%

3xGLD: -0.8%

3xQQQ: +28.6%

3xGTAA Depot (30.5., according to Getquin)

30.04.26: 146.940€

30.05.26: 144.555€

Wikifolio certificate (30.5., mid-price according to Wikifolio)

30.04.26: 228,50€

30.05.26: 225,80€

Month: -1.2%

YTD: +38.2%

Review 05/26

After a quiet April, May also remained without any notable movements. Oil and the Nasdaq100 almost balanced each other out: when one went up, the other went down and vice versa. A nice hedge in uncertain times.

Outlook 06/26

The Iran issue seems to be slowly dissolving. Stock markets are rising, gold and oil are continuing to recover. However, we should keep an eye on the rising yields at the long end due to inflation. They are draining liquidity from the capital markets and putting a prospective strain on them. This is accompanied by a significant shift in the portfolio.

As already indicated in recent reports, gold has now finally fallen below the SMA150 after almost 2.5 years and is leaving the portfolio. It will be replaced by the No. 3 asset class with the strongest momentum in the pool: Eurostoxx50.

The allocation for 6/26 is:

2xWTI

3xQQQ

3xEU50

This means that the portfolio is officially in risk-on mode in June.

Report from the 3xGTAA workshop

Lately the comment has been popping up here on Getquin, "I have 3xGTAA as a stability anchor." (@multibagger, you know who I mean!) At first glance, this seems strange given the leveraged nature and associated volatility of the strategy. For Auntie Else with a savings account and Riester contract, the statement is unlikely to apply. An MSCI World ETF saver could also have difficulties with it. After all, 3xGTAA fluctuates roughly as much in a day as MSCI World does in a week. Nevertheless, the statement could make sense.

The point is not so much the volatility of 3xGTAA, but the uncorrelated nature of that volatility to other asset classes. If someone has a portfolio that has some highly correlated assets, e.g. US memory chip stocks, then a certain amount of 3xGTAA can actually lower the overall volatility of the portfolio if the fluctuations are in opposite directions. "Stability anchor" is perhaps not quite the right word here, because an anchor hardly moves or does not move at all. In my opinion, the more appropriate term would be "counterweight". The asset structure of the rest of the portfolio is always decisive for whether a leveraged multi-asset momentum strategy fits into one's own portfolio and, if so, to what weighting. For Auntie Else, 3xGTAA remains a no-go.

Another issue: The "Trader is self-invested" status is displayed on the Wikifolio website. This only means something to a limited extent, as this requires a proven investment of €5,000. To make it clear that this is a bit more for me, I'll share a portfolio statement with the shares I hold.

May the momentum continue to be with you!

Your Epi

https://www.wikifolio.com/de/de/w/wf03x0gtaa

$DE000LS9U6W1 (-7,27%)

I started investing slowly in 2021 and am now 33 years old. After initial mistakes that everyone probably makes, I'm now probably on the right track, which lets me sleep extremely relaxed. Savings rate 750 euros and if it fits there are still individual purchases. No hype stocks, just relaxed, steady wealth accumulation with additional dividends. This year it should be just under 2000 euros net and that's just the beginning. In addition to my ETFs and a few individual shares, I have $BTC (-4,32%) and $$DE000LS9U6W1 (-7,27%) which are also fed with individual purchases. Next year I'm planning to buy a car, so I have money in my call money account to buy the car without a loan. Life can be so simple. I wish all investors continued rising prices 🚀

A year later, a lot has changed in the portfolio - not just a year older 🫣 😉

My strategy is now a core satellite strategy. Whereby the core ($VWCE (-2,55%) , $TDIV (-0,46%) and $EIMI (-5,99%) is). The satellites are a mix of $BTC (-4,32%) , $EWG2 (-2,13%) , $SSLN (-6,75%) and momentum models such as $DE000LS9U6W1 (-7,27%) and $DE000LS9VVV3 (-11,32%) . I have currently stopped my savings plans, as I have added to them over the last few months when prices were a little lower. And I am currently 85% invested with my assets. However, I would like to invest another €5k in the momentum models, which are already on the broker and limit orders have been set (so that I reach roughly 10% with the momentum models). In addition, my plan with $BRK.B (+2,87%) has not worked out at the moment, as I still have a loss pot of just under 700€. So I'm still holding on, and as soon as that is reached, the amount will be invested in the other positions.

✌️

The tax refund arrived today. After I received some nice tips from Epi 3 days ago, it went straight into the @Epifolio ($DE000LS9U6W1 (-7,27%) ). For the time being only 2 shares = ~2% of the total portfolio. The next shares will follow next year with the next refund! :)

That concludes what I started in October. BTC is empty. Since that was more or less play money for me. Will now be invested in the @Epi lepsis $DE000LS9U6W1 (-7,27%) .

$EWG2 (-2,13%) will follow in August and go into my main portfolio.

This means that I will soon be well undiversified again in terms of asset classes.

I asked myself when the extra 10k or so landed in my account this month. "Take a vacation first" was my answer. In no time at all, half of it was gone.

At the stop & go on the way to my vacation, I had the epiphany about what to do with the rest. I observed the cars, the behavior of the drivers and my own.

There were those who stayed in one lane for a long time and then changed lanes after everyone had overtaken on the left or right. They made the slowest progress, as things ran more smoothly in their old lane shortly after the lane change. Just like on the stock exchange. Back and forth empties your pockets. Or: You don't trust the performance of a share, but when everyone is invested, the FOMO kicks in, but by then it's already too late.

Then there were those who remained steadfastly on one track. I was one of them. You make constant progress. Sometimes it goes a little faster, sometimes a little slower, but you can make good progress with little effort. The world's ETF investors among drivers, so to speak.

But there were also the aggressive lane changers. Whenever there were the first signs that the momentum was shifting to the other lane, they exploited even the smallest gap to change lanes. That didn't always work. But most of the time it did. On average, these drivers made the fastest progress. But at what cost? Of course they annoyed all the other drivers. But it was also super stressful for the drivers themselves. Always looking "Where is it faster now?", "Where is the next gap?", "Oh, I can squeeze in there, the other one is already braking.". That would be nothing for me. That's why I no longer invest in individual stocks. But it would be great if you could take advantage of the right momentum and benefit from an excess return. But without all the effort.

Wait a minute. Exploit momentum? Momentum strategy? Isn't there something about @Epi ? Without any effort on my part? That's exactly where the other half of my bonus payment should go. So that I can get through the traffic jam as quickly as possible. Without stress.

This time a somewhat premature monthly report - yes, the Epi also has a life outside of vacation:

Asset-Performances 04/26 (30.3.-29.4.)

2xWTI: +19.9%

3xGLD: -0.5%

5xUSDEUR: -5,9%

3xGTAA Depot (29.4.)

30.03.26: 143.730€

29.04.26: 146,940€

Wikifolio certificate (29.4., mid-price)

30.03.26: 224,87€

29.04.26: 228,50€

Month: +1.6%

YTD: +40.0%

Review 04/26

After the wild previous months, 3xGTAA has returned to some calm. "Calm" - for 3xGTAA this means halving the monthly vola to 10%. Gold and the USD were pipe dreamers. But thanks to the WTI rally yesterday, the month actually ended in positive territory. In other words, exactly as the strategy envisages in theory.

Outlook 05/26

The stock markets staged an impressive comeback in April and are now trading above their signal lines again. WTI continues to show high momentum. The crisis assets gold and USD have lost significant momentum. Gold is currently trading right at the signal line. I will let the SMA5 on April 1 decide whether gold remains in the portfolio. However, I expect a bounce off the SMA150 to the upside. If necessary, it will be replaced by Eurostoxx50, which is currently waiting in 4th place above the signal line.

The allocation for 5/26 is:

2xWTI

3xQQQ

3xGLD (possibly 3xEU50)

The portfolio thus switches slightly back to risk-on mode in May.

Report from the 3xGTAA workshop

There is nothing significant to report this month.

For those who follow the 3xGTAA wikifolio, I can share an interesting observation. At the end of March, the wikifolio was in 14th place in the ranking of all wikifolios in the top 10, but a few days later it slipped to 150th place! It has been on vacation there ever since. Nothing has changed much in terms of performance and the difference in performance compared to the top 10 is also negligible. I can only guess why this is the case: The Wikifolio probably climbed so high before because of the purchases from the community. They have now (fortunately) calmed down a little. In any case, this teaches us not to put too much stock in such platform-internal rankings (a nod to the Getquin monthly rewinds).

You should never measure yourself by relative standards anyway, be it benchmarks, rankings or followers. Anyone who does that has already lost.

And now may the momentum continue to be with you!

Your Epi

https://www.wikifolio.com/de/de/w/wf03x0gtaa

$DE000LS9U6W1 (-7,27%)