WIZ Index

Bull-Rider Bear-Fighter Index

Growth focused in Bull markets — Defensively positioned in Bear markets

Bull Market Focus:


Bull Market Allocation:

80% Equities, 20% Bonds

Bear Market Allocation:

Shifts automatically to defensive positions


8 diverse ETFs*

Portfolio Goal:

The WIZ Index seeks to improve performance by first identifying whether market conditions are bull or bear. In bull markets, the Index evaluates more than 400 ETFs monthly using growth momentum strategies to select six momentum leading equity ETFs and two bond ETFs during bull markets and four or more defensive ETFs during bear markets.

Bull Market Composition**:

Pie chart of the WIZ Index bull market composition

Sectors 1: 20%
Sectors 2: 15%
Countries: 15%
Factors: 10%
Regions: 10%
Style Mix: 10%
Bonds 1: 10%
Bonds 2: 10%

* Due to permitted duplicate selection, the Index may at times hold as few as 6 unique ETFs.
**Actual allocations may vary.



Sub-Category Examples


Economic Sectors
  • Healthcare
  • Energy
  • Industrial
  • Staples
  • Discretionary
  • Technology
  • Finance
  • Bio-Pharma
  • Telecom
  • Materials


Investment Factor
  • Value
  • Growth
  • Dividends
  • Earnings
  • Size
  • Momentum

Style Mix

Investment Style
  • Large-Cap
  • Large-Cap Growth
  • Large-Cap Value
  • Mid-Cap
  • Mid-Cap Growth
  • Mid-Cap Value
  • Small-Cap Value
  • Equal Weight
  • Growth
  • Value

Global / Regions

Geopolitical Region
  • Global
  • Europe
  • Asia Pacific
  • Emerging markets


Single Countries Any Country


  • Mid-duration Treasuries
  • Aggregate
  • Corporate
  • Mortgage
  • Municipal
  • High-yield

Bear Market Universe:

When bear market conditions are indicated, the Index switches to a defensive bear market strategy where it generally selects a portfolio of four or more unique ETFs from the Bear Universe, which includes ETFs in the following categories:

(1) Inflation-protected treasury; (2) US Treasury; (3) Aggregate Bond; (4) Short- and Long-term Bond; (5) Corporate Bond; (6) High-Yield Bond; (7) Gold; and (8) Broad-based U.S. equity market index (seeking better returns during a bear market rebound)

The categories are viewed as general guidelines and the scope of each category is interpreted broadly. Note that the bear market strategy may include ETFs that are considered high-risk or are subject to equity market volatility, such as junk bond funds, equity funds, and broad-based U.S. equity market funds. Although the Index generally selects four unique ETFs under its bear market strategy, if bear conditions are anticipated due to excess market volatility, a single U.S. Treasury ETF may be selected.

Index Composition

Advanced Momentum Algorithms

It’s all about reducing the noise.

Market noise tends to obscure momentum signals. Using advanced signal processing techniques and adaptive tuning of momentum filters, the Index seeks to:

  • Detect momentum with greater clarity.
  • Provide an improved selection of momentum leaders.
  • Create cleaner signals that lead to the possibility of better decisions.

We believe momentum detection is a key part of fund selection for both bull and bear market holdings.

Market Risk Assessment

Don’t just dilute risk.

Seek to avoid it altogether. Using StormGuard™ and SwanGuard™ proprietary market risk assessment software, the Index:

  • Assesses market risk using four key metrics: price-trend, market momentum, value sentiment, and market volatility.
  • Switches to a bear market strategy when a bear market is indicated.
Download Momentum Leaders with Dual Defense  to learn how we use advanced signal processing and AI with our proprietary StormGuard™ and TrendGuard™ to help make better investment decisions.
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