My revised version of retail All Weather
So I was looking at Tony Robbin's All Weather portfolio (the percentages were given by Ray Dalio). But there were many flaws to this portfolio such as underperformance compared to the S&P 500 and bad holdings to hedge against recessions and inflation. So I decided to revise the portfolio a bit by adding a bit more leverage to the etfs and changing some of the holdings. I was only able to backtest the portfolio back till 2011 and so far it has been closely matched with the S&P 500 yet has a US market correlation of 0.66, a sharpe ratio of 1.39, and a Sortino ratio of 2.66. It only went down by 7.88% at March compared to the S&P's 20%. It's worse year was only -3.67%. So I am fairly confident in this portfolio. My only concerns is the China vs US conflict fucking up the returns on my portfolio as this portfolio relies too much on US bonds and equities. Another concern is whether this portfolio is able to hedge well enough against inflation or any future recessions as I am only able to backtest this portfolio back to 2011. I plan on using this portfolio for my future Roth IRA sometime in the future. So here is the construction and tell me what you think:
SSO -30% (2x leveraged S&P etf to capture bull market returns/make up for the lack of returns from the previous retail all weather)
UST -15% (2x leveraged 7-10 yr US bonds to mitigate the volatility of SSO and also to boost returns)
VGLT -40% (long term US bonds, same etf as seen in the original retail all weather)
VPU -8% (US utilities etf, performs well during recessions and certainly better than commodities. Also more stable)
FXF -7% (Swiss Franc etf, used this instead of gold as the franc is a strong currency and Swiss's neutrality is attractive to investors during periods of panic. Also gold's performance as a hedge against inflation or recessions is often unreliable)
P.S: I'm an absolute noob when it comes to portfolio construction so don't judge me too badly. Also I would really appreciate any feedback on the allocation percentages, holdings, and/or any flaws u see within the portfolio.