Bridgewater’s Famous ‘All Weather’ Strategy Arrives in ETF Form

  • State Street fund brings famous risk parity approach to masses
  • Bridgewater warns US stocks are concentrated after record run

Ray Dalio

Photographer: Ore Huiying/Bloomberg
Lock
This article is for subscribers only.

Bridgewater Associates founder Ray Dalio’s famous “All Weather” strategy has arrived in the exchange-traded fund market, just as the kind of macro-driven turmoil it seeks to guard against sweeps global assets.

The SPDR Bridgewater All Weather ETF begins trading on Thursday under the ticker ALLW, according to a press release. The fund, which charges 0.85% annually, will be managed by State Street Global Advisors and sub-advised by Bridgewater, which will provide a daily model portfolio for the ETF.