State Street Bridgewater All Weather ETF (ALLW)
State Street Bridgewater All Weather ETF operates in the Asset Management - Global industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $29.96, up 0.17% on the session, giving a market capitalisation of $1.67B. Its beta of 0.42 implies it has historically moved less than the broad market.
The State Street Bridgewater All Weather ETF (ALLW) is an actively managed fund that employs a diversified, global approach to asset allocation. Its primary objective is to maintain robustness across a wide spectrum of market conditions, specifically designed to withstand challenging periods such as economic downturns and periods of elevated inflation. To achieve this, ALLW invests across a broad array of global asset classes, which may include both domestic and international equities, various types of bonds (including those linked to inflation), and exposure to commodities. A core tenet of ALLW's strategy is to strategically balance assets with differing sensitivities to economic environments, rather than attempting to predict future market movements. This involves an equal allocation of risk across various growth and inflation scenarios, ensuring a balanced exposure regardless of prevailing economic trends. The fund leverages Bridgewater's deep expertise in portfolio construction and profound understanding of macroeconomic cycles to develop and continually refine its underlying model portfolio. Subsequently, SSGA Funds Management Inc. is responsible for executing this model by actively purchasing and selling the necessary securities and instruments within the fund.
State Street Bridgewater All Weather ETF is most often compared with the following Financial Services names: