Tactical ETF Performance Commentary 1Q20

This one-page report details what contributed to and detracted from performance for the Sage Tactical ETF Strategies in the first quarter. The equity allocation posted a negative quarter along with the selloff in global risk assets. All regions and sectors detracted from performance as investors de-risked across the board. Given the extreme stress in credit markets, the fixed income allocation underperformed its broad aggregate benchmark, with high yield, emerging market debt, and high-yield municipals acting as the largest detractors. Treasuries, TIPS, and MBS were small positive contributors in the quarter.

  • DATE: April 9, 2020
  • TYPE: PDF
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