Dual Momentum strategies are evidence based, rules based, objective, tactical investment methodologies with the goal of maximizing participation in upside market momentum and sidestepping long market downturns by going into Treasuries until the markets are again in an upward trending.

Dual Momentum investing has two primary components. The first is absolute momentum: is there positive return over your look back period? The second momentum is relative momentum: which investment option has the highest return over the look back period. If there is positive momentum then we invest in the highest relative momentum option, otherwise we stay out of harm’s way in Treasuries which tend to perform well when the markets are underperforming.

I believe that Gary Anntonacci is the originator of Dual Momentum investing, Gary has a ton of great information on his website. He has captured the attention of many retail investors with his great work. His book is a worthwhile read, and certainly there is a wealth of information on his many terrific blog posts on his website. Gary has a long and successful background in investing, listen to his podcast episode with Meb Faber for a good background on his Global Equities Momentum, GEM, strategy. To my eyes, Gary is kind of an academic of sorts, always studying, thinking about, and writing about ideas and thoughts regarding Dual Momentum investing.

My Dual Momentum work absolutely came from inspiration from Gary’s work. I view myself as more of a practitioner than Gary, I don't dive deep into the research done on momentum, rather I begin with that as the starting point and work on practical application in the form of the modeling and strategies that I develop.

Corey Hoffstein is a brilliant person who is ambitious and has really capable software systems to perform extensive data modeling. I read his writeup on his Ensemble approach to lookbacks and he details why he thinks it is the way to go. I opted to go with a rather different lookback methodology. I suppose that if the goal is to satisfy a conservative investor really well then the Ensemble approach is the way to go. Put another way, it appears to me that it will always deliver mediocrity. My preference is a different lookback approach which consistently produces better results in backtesting - not every time, but a majority of the time. I’m not throwing stones, I have the utmost respect for Cory and his work and ETF, however, from my perspective the Ensemble lookback approach is likely only suitable for a conservative investor and is not an ideal approach for others.

I am not an RIA or CFP or any other certified advisor or money manager, as such I don't offer a managed funds option. I know it can be done through IBKR but don't have the interest in doing that at this time. These strategies are intended for the do-it-yourself investor who would like to benefit from a rules based, evidence based, process driven investing approach.

M1 Finance is my broker of choice for investing in these strategies, their pie methodology makes it easy to run multiple strategies in a single account and keep everything organized really well.

There is no cost or subscription for the monthly strategy signals on what to invest in. If you appreciate the work done, and would like to donate, thank you. There is no obligation to donate.

The goal is for each strategy to have greater returns than it's benchmark, with less maximum drawdown, and a lower Ulcer Index - over the long term, not each and every year.

Triad's benchmark is the 60/40, all other strategies are benchmarked against the S&P 500. Any given year the strategies may underperform it's benchmark, in fact it is not at all unlikely for this to happen for several years in a row, this does not mean that the strategies are failing.

The strategies make much of their outperformance over their benchmark in the bad years for the market as a whole. And for those strategies which use Smart Leverage they make outsized gains in the run ups after outsized drawdowns in the market.

Downfalls of the strategies are occasional missteps by going into the higher momentum option and it doesn't end up maintaining it's momentum. The strategies will also get some whipsaw due to volatility in the general market. It is also possible that we ride a violent downturn in the market, exit near the bottom and miss a rapid turn around and recovery in the market.

The strategy benefits far outweigh the downfalls, it is important though to know what the downfalls are because you will most certainly experience them.

Be sure to dig into the Reporting decks, look closely at the charts, metrics, and annual returns to see how much better the strategies have performed over a long period of time - and notice the times when the strategies don't perform as well as their indexes for one or more years at a time.