PSLDX Replication
Capital-efficient model
In brief
A DIY approximation of PIMCO StocksPLUS Long Duration using leveraged equities and long Treasuries.
Profile sources: U.S. Securities and Exchange Commission
- Published
- Last reviewed
At a glance
2 asset sleeves
Rebalance quarterly.
Growth assets
33%
Bonds & reserves
67%
Other diversifiers
0%
Target allocation
What the portfolio holds
3× S&P 500
UPROUPRO
33%
Long-term Treasuries
EDVEDV
67%
Tickers are liquid U.S.-listed examples, not recommendations or exact historical fund selections.
Allocation sources: U.S. Securities and Exchange Commission
Decision context
Potential advantages and trade-offs
These observations follow from the displayed allocation and implementation. They are not a recommendation or a prediction of future performance.
Potential advantages
- Uses only 2 sleeves, which makes the displayed target allocation straightforward to understand and maintain.
- Combines growth assets with bonds or reserves instead of depending on one broad asset class.
- Uses capital-efficient exposure that can combine more market sensitivity than an unleveraged dollar allocation.
- Publishes explicit target weights, making drift and rebalancing decisions measurable.
Important trade-offs
- Very high risk means losses and drawdowns can be substantial even when the long-term thesis remains unchanged.
- The largest sleeve is 67% of the portfolio, so its behavior can dominate the result.
- The displayed equity allocation has no dedicated international sleeve and is exposed to U.S.-market concentration.
- Long-duration Treasury exposure can be highly sensitive to changes in long-term interest rates.
Portfolio Visualizer
Compare historical performance
Backtest this allocation beside two familiar U.S. equity benchmarks. The comparison starts with $10,000, reinvests dividends, and rebalances annually.
Growth of $10,000
Monthly total returns · maximum available history
Portfolio 1
PSLDX Replication
Target allocation from this profile
Portfolio 2
S&P 500
SPY benchmark
Portfolio 3
Nasdaq-100
QQQ benchmark
Portfolio Visualizer opens in a new tab because its site does not support embedded frames. Results begin at the latest common inception date for the selected funds.
Advanced strategy warning
Approximation only. Leverage, daily reset, duration, financing costs, and taxes can cause materially different results from PSLDX.
Sources and context
Target allocations are educational examples, not personalized advice. Fund availability, taxes, trading costs, account type, time horizon, and capacity for loss can all change the appropriate implementation. Historical diversification does not guarantee future results.
Sources document the strategy, underlying methodology, or the representative funds used here. ETF tickers are illustrative U.S.-listed implementations and may differ from an originator’s original funds or current model.