VEMY
Virtus Stone Harbor Emerging Markets High Yield Bond ETF
stockNYSEETF

1st of all, I'm not a pro. I have 2 pros managing a lot of my money and they both are very different. \--- TL;DR; --- The deal with SPMO is: invests 90% of cap in S&P 500 Momentum Index - the Index tracks the performance of stocks in the S&P 500 Index that have a high "momentum score". So, fewer stocks, higher risk. I would rebalance be QQQD, SPMO, VOO, maybe VTI, and your bitcoin/gld/fixed income. Maybe a little international. This is not my portfolio... I'm older. Different objectives. **I should have mentioned VEMY** for another bond etf btw vv Top is VOO. Bottom is SPMO vv https://preview.redd.it/arljj6to053f1.png?width=703&format=png&auto=webp&s=31a1b75e98239bcf79b4a4b87822185ab6765641 Basically in a rising market I'd lean more to SPMO vs VOO. (for example). Above is the previous 1 year comparison. YTD SPMO has been + all year where VOO has not. And the market was very volatile! Note that QQQD tracks the performance of the *seven largest* NASDAQ listed companies, as identified by Indxx. Whereas QQQ maintains the correspondence between the composition and weights of the securities in the trust (the securities) and the stocks in the NASDAQ-100 Index®. Again, one is more concentrated and has more risk. One (QQQ) distributes the dividends and one reinvests them. So, what you can do to help with risk, reward is to rebalance to an objective based on predicted future market perf and to react to a major change in that view. Like if a war breaks out such that some economies will crash (maybe others, at least sectors will grow), take your emotion out of this and pick a simple strategy and rebalance. For a major change.... consider tax implications when deciding (unless its in IRA/401k/Roth). Some choose like a 60/40 (or 80/20) balance (equities / fixed income). So, in this market... maybe hedge a little and choose (this is an example) 70/30. So, {VOO, VTI, QQQ(D), VXUS/VEA} for 70% and 30% in {the fixed income already mentioned, **BTGD** (I just found this one.. interesting), etc) The protected bitcoin has to be managed more. CBOJ, CBTJ, CBXJ etc (Calamos). They basically purchase options to provide that loss guarantee. That's why the 1 year rolling fund duration (the period of the options). I kind of like the looks of that BTGD. So I'd research that 1 and that's your gold and bitcoin. Or go straight bitcoin ETF and gold ETF and/or fixed income, including cash equivalents. My off the cuff guess (!) on distribution right now: and consider there's a lot of unpredictability here! is: of the equity part: 50% SPMO, 10% VTI, 10% QQQ, 10% VEA, 20% IDK (**I** **D**on't **K**now .. maybe a stock like OBDC which is solid at a potential growth with a solid 11.51% div yield.. not an ETF but conservative solid long term investment). Or keep that 20% IDK in a cash equivalent and move it in when you see a positive indication on future market conditions. Think rebalance.