The All-Defense Chartpack: A Review of Safe Havens And Defensive Strategies

How should I hedge my portfolio for the next bear market? This is a question many of our clients face, and one that investors too often answer on the basis of intuition or narrative. The All-Defense Chartpack aims to provide a solid starting point for that analysis, grounded in empirical data. It examines the historical performance of a wide range of defensive assets across several decades of large drawdowns, and adds further considerations on likely future performance and the tradeoffs each safe haven offers.