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TrendFolios: A Portfolio Construction Framework for Utilizing Momentum and Trend-Following In a Multi-Asset Portfolio

General Economics 2025-06-12 v1 Economics

Abstract

We design a portfolio construction framework and implement an active investment strategy utilizing momentum and trend-following signals across multiple asset classes and asset class risk factors. We quantify the performance of this strategy to demonstrate its ability to create excess returns above industry standard benchmarks, as well as manage volatility and drawdown risks over a 22+ year period.

Keywords

Cite

@article{arxiv.2506.09330,
  title  = {TrendFolios: A Portfolio Construction Framework for Utilizing Momentum and Trend-Following In a Multi-Asset Portfolio},
  author = {Joseph Lu and Randall R Rojas and Fiona C. Yeung and Patrick D. Convery},
  journal= {arXiv preprint arXiv:2506.09330},
  year   = {2025}
}

Comments

40 pages, 8 figures