And just like that, my equity curve is back to the same level it was one month ago. The decline was not unexpected, and nobody should be surprised.

My weekly ETF strategy is now 100% allocated to PDBC (Optimum Yield Diversified Commodity Strategy). If you are not familiar with PDBC, it is “an actively managed ETF that seeks to achieve its investment objective by investing in commodity-linked futures and other financial instruments that provide economic exposure to a diverse group of the world’s most heavily traded commodities. The Fund seeks to provide long-term capital appreciation using an investment strategy designed to exceed the performance of DBIQ Optimum Yield Diversified Commodity Index Excess Return, an index composed of futures contracts on 14 heavily traded commodities across the energy, precious metals, industrial metals, and agriculture sectors.”