Update Hedging Cost 2024

In November 2024, the S&P 500 (SPY US) gained +5.96%. The performance across various hedging strategies during November 2024 ranged from -26.59% for the Long Volatility ETF (VIXY US) to -1.33% for the Put Protection Index (PPUT).

During November 2024, the Z22 VolaBoost was not activated as the market was trending upwards.

Reviewing the 2024 results, our Z22 VolaBoost still emerges as the top-performing hedging strategy with no hedging cost so far and the only hedging strategy with an overall positive performance. This emphasizes again the significant advantage of having a dynamic, systematic, and emotionless hedging algorithm, as demonstrated by our Z22 VolaBoost's 2024 performance in comparison to its peer group:

In our opinion and as highlighted in all our updates, it's crucial to consider a hedging component, such as Z22 VolaBoost, within the context of a portfolio. Therefore, we combine Z22 VolaBoost in our Z22 Smart Mirror strategy (live in a product with Swiss ISIN since 2019) with the S&P 500 (SPY US).

When combined, the 2024 performance of various strategies (as of November 29, 2024) compared to the S&P 500 (SPY US), appear as below:

Interested in learning more about our intelligent hedging algorithm Z22 VolaBoost and our strategies? We look forward to engaging discussions.