Schrodinger is a Robo Advisor account or what Schwab calls an Intelligent Portfolio. Managed by computer algorithms, this is simply a report as no decisions are required. The portfolio is on automatic pilot. Since the portfolio is greater than $50,000 it qualifies to be tax managed.
I highly recommend a family have at least one Intelligent Portfolio so if something happens to the spouse who manages the money, all other taxable accounts can be merged with this account.
Schrodinger Intelligent Portfolio
Below is the Schrodinger investment quiver and current holdings. Despite “computer intelligence” I find it puzzling why there are two REIT ETFs (SCHH and USRT).
Once third quarter dividends are paid I anticipate Schwab will add a few new shares so some of the current holdings.
Schrodinger Performance Data
Since 12/31/2021 the Schrodinger has opened up a significant lead on the SPY benchmark. Despite holding between 7.0% and 8.0% in cash the portfolio continues to be one of the top return performers among all the ITA portfolios.
Schrodinger Risk Ratio
The Schrodinger tends to perform best in an “average” market or one where equities are not so strong. Bonds tend to be a drag in a strong bull market. Over this past year the slope of the Jensen has been positive – a very good indicator of how well the Schrodinger is performing.
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