RLY: Tactical ETF Focusing On Natural Resources And Infrastructure

Fred PiardInvesting Group LeaderFollow5ShareSavePlay(6min)CommentsSummaryThe State Street SPDR SSGA Multi-Asset Real Return ETF targets real returns above inflation via active allocation across inflation-linked assets, real estate, commodities, and infrastructure.RLY’s portfolio is currently heavily weighted in equities related to natural resources and infrastructure, offering strong value characteristics.RLY has reached its objective to outperform inflation in total return since 2012 but has lagged 60/40 and permanent portfolios.RLY has outperformed non-leveraged multi-asset ETF peers since 2019, balancing return and volatility.Quantitative Risk & Value members get exclusive access to our real-world portfolio. See all our investments here » deepblue4you/iStock via Getty Images This article updates my review of December 2023 in light of current holdings and recent performance. RLY strategy State Street SPDR SSGA Multi-Asset Real Return ETF (RLY) is an actively managed fund of fundsThis article was written byFred Piard16.35K FollowersFollowFred Piard, PhD. is a quantitative analyst and IT professional with over 30 years of experience working in technology. He is the author of three books and has been investing in data-driven systematic strategies since 2010. Fred runs the investing group Quantitative Risk & Value where he shares a portfolio invested in quality dividend stocks, and companies at the forefront of tech innovation. Fred also supplies market risk indicators, a real estate strategy, a bond strategy, and an income strategy in closed-end funds. Learn more.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.