Split Rock

Equity Rotation

Managed by Split Rock
Economic cycleGeopolitical events

Split Rock Private Trading and Wealth Management LLC (“Split Rock”) strategically manages its Equity Rotation SMA by continually monitoring which phase of the economic cycle we are currently in. Split Rock then invests in companies that it believes are best positioned within the current cycle. On an ongoing basis, Split Rock makes tactical adjustments based on geopolitical events and various micro and macro-economic factors.

Portfolio risk score
Strategy Stocks
Management fee 1.00%
Min investment $500


Last 30 days 12.0%
Last 90 days 8.1%
Last 365 days -2.1%
Since inception (annualized) 12.2%
2022 (YTD) -8.3%
2021 5.3%
2020 48.0%
2019 25.3%

Risk metrics (last 365 days)

Volatility 19.5%
Sharpe ratio -0.24
Sortino ratio -0.35
Maximum drawdown -21.4%
Value-at-risk (95%, 1 week) -4.5%

Portfolio updates

Blog posts

Estimate your costs

Investment (below min)
Annual costs

Portfolio information


Our research begins with all publicly traded companies listed on the NYSE, Nasdaq, and AMEX. We then identify sectors that in our view may stand to benefit from the economic phase we believe we are currently in or evolving into. We then screen the stocks within the identified sectors using fundamental and technical analysis. We conclude by cross checking our internal research with other well-respected analyst recommendations before we make our final selections.


Split Rock Private Trading & Wealth Management strategically manages its Equity Rotation SMA by continually monitoring which phase of the economic cycle we are currently in. Economic cycles are divided into 4 separate phases: early cycle, mid cycle, late cycle, and recession. Based on which cycle we deem the economy to be in, we make judgments about whether some sectors may stand to benefit over others. For example, in a recessionary phase, defensive stocks such as consumer staples tend to outperform the wider market. Even during periods of high unemployment and economic recession, people still need consumer staple companies to provide them with food, beverages, toilet paper, soap, etc. Inversely, in an early cycle recovery, consumer discretionary stocks tend to outperform. For example, as unemployment falls, more people have money to spend on discretionary items such as new TVs, cars, etc.

Our strategy is driven primarily by fundamental analysis. We tend to favor companies with consistent growth and stability of earnings and dividends, limited debt, low P/E multiples relative to peers, and strong cash flows. We supplement our research with technical analysis, focusing on moving averages and support levels, as well as identifying current and potential industry trends.

Sell discipline

Our sell discipline is based on many factors including but not limited to:

1. Strategic and tactical adjustments as discussed earlier.

2. Using trailing limit orders to help protect gains or minimize losses.

3. Ongoing fundamental and technical analysis.

Split Rock

About Split Rock

Split Rock Private Trading & Wealth Management is a registered investment adviser based in Minneapolis.

Split Rock provides access to several specialized investment portfolios. They currently operate and manage an Equity Rotation portfolio that strives to identify and understand economic and business cycle conditions and allocate funds accordingly. Split Rock also manages a North American Shale Energy portfolio that seeks to invest into the Bakken and other various major U.S. Shale plays. It invests funds according to each individual company’s strength of position and growth potential within those shale deposits.


Past performance is no guarantee of future results, and all investments, including those in this portfolio, involve the risk of loss, including loss of principal and a reduction in earnings.

This portfolio was launched on Interactive Advisors on April 24, 2018, when clients were able to start investing in it. All performance information on this page is actual performance of the Portfolio Manager’s account and presented “net of fees”. The actual performance chart is provided for informational purposes only, and should not be used as the basis for making an investment decision. Actual client returns will differ. All Portfolio Manager information including personal data, profiles, and strategies has been provided by the Portfolio Manager. Interactive Advisors makes no representation or warranty of its accuracy, completeness or relevance and it does not represent the opinions of Interactive Advisors.

See how easy it is to get invested in a portfolio that works for you

Fill out the application
It's easy and only takes a few minutes.
Explore our portfolios
Or choose one based on your preferences
Make your first investment
Our technology ensures it is suited for you
Sign up today!