Return Stacked® Portfolio Solutions
  • ETFs
    • U.S. ETFs
    • Canadian ETFs
  • Funds
  • Model Portfolios
    • Model Center
    • Subscribe
  • Tools
  • Insights
    • Articles
    • What to Stack
      • Managed Futures Trend Following
      • Managed Futures Yield (Carry)
      • Merger Arbitrage
      • Gold
    • Guides
      • Return Stacking 101
      • Return Stacking How-To Guide
    • Podcasts
    • Webinars
      • Research Webinars
      • Product Webinars
    • Academic Review
  • Team
  • Contact
  • Account
    • Login
    • Register
  • What is Return Stacking
    • Return Stacking for Outperformance
    • Return Stacking for Diversification
Select Page
Trend-Following and Risk Factor Diversification in 2022 and 2023: A Tale of Two Extremes

Trend-Following and Risk Factor Diversification in 2022 and 2023: A Tale of Two Extremes

by Return Stacked® Portfolio Solutions | Feb 25, 2025

Quantica Capital’s recent research delves into the relationship between trend-following performance, the number of independent risk factors, and investment universe diversification.

Trend-Following, Risk-Parity and the Influence of Correlations

Trend-Following, Risk-Parity and the Influence of Correlations

by Return Stacked® Portfolio Solutions | Feb 25, 2025

While his paper focuses on trend-following, the emphasis on managing correlations and employing sophisticated weighting schemes resonates with the core principles of return stacking.

Recent Posts

  • Avoiding LICE: The Right and Wrong Ways to Use Leverage in Long-Term Investing
  • Return Stacking: A Fresh Perspective on Long-Only Active U.S. Equity Strategies
  • Behavioral Alpha: How Return Stacking Can Help Investors Avoid Line-Item Risk
  • The Potential Return Advantage of Stacking Managed Futures on Equities
  • Portable Alpha with Managed Futures: A Diversification Overlay

Recent Comments

No comments to show.

The Return Stacked® brand is co-owned by Newfound Research LLC and ReSolve Asset Management SEZC (Cayman).

Newfound Research LLC

Newfound Research Ste 324
200 Central Ave 4th Floor
St. Petersburg, FL 33701

ReSolve Asset Management SEZC (Cayman)

90 North Church Street
Strathvale House, 5th Floor
George Town, KY1-9012
Grand Cayman

Navigation

What is Return Stacking?
ETFs
Tools
Model Portfolios
Insights
Contact
Disclaimers

Follow us:

  • Follow
  • Follow
  • Follow
  • Follow
You are about to leave the Return Stacked® Portfolio Solutions website. Please note that the site to which you are being re-directed may be subject to rules and regulations that may differ significantly from those to which the Return Stacked® Portfolio Solutions website is subject and may not be appropriate for use by residents in all jurisdictions.
You are about to leave the Return Stacked® Portfolio Solutions website. The following link may contain information concerning investments, products or other information. Newfound Research LLC is not responsible for the accuracy or completeness of information on non-affiliated websites and does not make any representation regarding the advisability of investing in any investment fund or other investment product or vehicle. Importantly, Newfound Research LLC is not compensated for linking you to any non-affiliated website, but may be compensated with an asset-based fee in the limited capacities as either a licensor of intellectual property or a sub-adviser to an investment adviser. The material available on non-affiliated websites has been produced by entities that are not affiliated with Newfound Research LLC. Descriptions of, references to, or links to products or publications within any non-affiliated linked website does not imply endorsement or recommendation of that product or publication by Newfound Research LLC. Any opinions or recommendations from non-affiliated websites are solely those of the independent providers and are not the opinions or recommendations of Newfound Research LLC, which is not responsible for any inaccuracies or errors. THIS INFORMATION IS NOT AN OFFER TO BUY OR A SOLICITATION TO SELL ANY SECURITY OR INVESTMENT PRODUCT. SUCH AN OFFER OR SOLICITATION IS MADE ONLY BY THE SECURITIES’ OR INVESTMENT PRODUCTS’ ISSUER OR SPONSOR THROUGH A PROSPECTUS OR OTHER OFFERING DOCUMENTATION.
© Newfound Research LLC. 2025 All rights reserved.
Newfound Research Form ADV | Privacy & Cookie Policy | Terms of Service