It's a difficult year with performance mixed.
Below the performance with ETF listed in Milan for the first 7 months based on Model 3vw and model 3.4 vw.
Purchases and selling are made in the first day of the next month (closing prices).
In the tables above, are made at the closing price of the last day of the month.
So far this year the ETFs are doing worse than theoretical model when you buy at the 1st day of next month
