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A. Stotz All Weather Strategies – March 2026

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The All Weather Strategy is available in Thailand through FINNOMENA. If you’re interested in our allocation strategy, you can also join the Become a Better Investor Community. Please note that this post is not investment advice and should not be seen as recommendations. Also, remember that backtested or past performance is not a reliable indicator of future performance.

What happened in world markets in March 2026

Performance of the World stock markets

  • US markets saw steep losses, tech-heavy NASDAQ dropped slightly less
  • Japan got hit harder
  • China A and Hong Kong also had a bad month
  • Europe dropped in line with the US

The energy index is up 14 weeks in a row

Nearly 9 in 10 barrels of oil through Hormuz head to Asia

Helium, fertilizer, and LNG exports are also blocked at the Strait of Hormuz

Oil spikes have historically driven food prices higher

Stagflation threat is rising in Europe

Private credit defaults set to 4x their historical average

Since last revision, World Equity was up 0.4%

  • The strategy has a core target allocation of 20% to World Equity
  • War in Iran and rising oil prices have sparked global inflation concerns

Since last revision, Global Bonds were down 1.5%

  • The strategy has a core allocation to Global Bonds; the current target allocation is 40%
  • Oil spikes and fears of tighter monetary conditions have pushed bond prices lower

Since last revision, Commodities gained 2.8%

  • We have a 5% tilt to Commodities, which outperformed
  • Commodities rallied in March, driven by rising oil prices amid war in Iran

WTI oil closed March at US$103/bbl versus US$67/bbl in February

  • WTI oil surged over 50% in March
  • War in Iran created extreme volatility and drove up oil prices

Energy surged ahead

  • The Iran war drove energy higher, but failed to lift precious metals

Since last revision, Gold was down 10.4%

  • We have a 10% tilt to Gold which underperformed
  • Gold closed the month at US$4,672/oz t, retreating sharply as investors took profits

Performance review: All Weather Inflation Guard

All Weather Inflation Guard fell 0.9%

Since inception, the strategy was up 20.4% and 13.6% above a 40/60 portfolio

  • The strategy has also experienced less volatility

Since last revision, the strategy was down 0.9%, which was 1.0% above the 40/60 portfolio

  • Our 5% tilts to World Energy and Commodities drove outperformance
  • TIPS, World Equity, and Money Market did better than Global Bonds

The strategy added 4.4% value compared to a 40/60 portfolio in 2026YTD

  • The strategy beat a 40/60 portfolio by 0.4% in 2025

Performance review: All Weather Strategy

All Weather Strategy fell 0.9%

Since inception, the strategy was up 86.4% and 47.2% above a 60/40 portfolio

Since last revision, the strategy was down 0.9%, which was 1.2% above the 60/40 portfolio

  • Our 20% tilt to Latin America and 10% to Commodities delivered solid returns
  • Our 25% allocation to Gold hurt performance

The strategy has added 9.6% value compared to a 60/40 portfolio in 2026YTD

  • The strategy beat a 60/40 portfolio by 6.7% in 2025

Performance review: All Weather Alpha Focus

All Weather Alpha Focus fell 0.5%

Since inception, the strategy was up 33.2% and 28.6% above a 60/40 portfolio

And 13.4% above World Equity, but with a lot less volatility

Since last revision, the strategy was down 0.5%, which was 1.6% above the 60/40 portfolio

  • Our tilts to Latin America and Asia Pacific ex JP ex CN, drove the outperformance
  • Our tilt to World Precious Metals Miners hurt performance

The strategy has added 11.3% value compared to a 60/40 portfolio in 2026YTD

  • The strategy beat a 60/40 portfolio by 9.1% in 2025

DISCLAIMER: This content is for information purposes only. It is not intended to be investment advice. Readers should not consider statements made by the author(s) as formal recommendations and should consult their financial advisor before making any investment decisions. While the information provided is believed to be accurate, it may include errors or inaccuracies. The author(s) cannot be held liable for any actions taken as a result of reading this article.

Posted in All Weather Strategy