Weightings as of 7/31/2026 — current allocation snapshot, not a time series.
Cumulative Returns by Decision Layer
Equity Theme Returns vs. MSCI ACWI
Theme
Theme Return
MSCI ACWI
Active Return
Avg Equity Wt.
Contribution
Theme return: Geometric holding-period return; months with 0% weight contribute 0% to the chain. Annualized when held > 12 months. |
Active return: Theme return minus MSCI ACWI return for the period. |
Avg equity wt.: Theme avg weight ÷ sum of all theme avg weights. |
Contribution: Each month, theme return × equity-normalised weight, chained geometrically. *AQR Flex 145: Standalone satellite position, shown for reference only. Excluded from the Other Equity back-solve, the equity-normalized weighting pool, the Totals row, and the Parcion Equity / Parcion Total Return figures elsewhere on this dashboard. Its weight is shown as % of total portfolio (not % of Equity sleeve), and its contribution is simply its own chained/annualized return.
Fixed Income Theme Returns vs. US Aggregate
Theme
Theme Return
US Agg
Active Return
Avg FI Wt.
Contribution
Theme return: Geometric holding-period return; months with 0% weight excluded. Annualized when held > 12 months. |
Active return: Theme return minus US Aggregate Bond return for the period. |
Avg FI wt.: Theme avg weight ÷ sum of all FI theme avg weights. |
Contribution: Each month, theme return × FI-normalised weight, chained geometrically.