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CIO Thoughts: Which Asset Classes are Cheap?

Based on 2021 or 2022 forward estimates, the following asset classes offer a real attractive opportunity in my eyes.

  • Cyclicals

  • Metals & Mining

  • Emerging Markets

  • Banks

  • MLPs

We believe there is a real opportunity for long-term strategic investors in these areas. ​​​​​​ Unfortunately, most investors simply want to own FANG, quality, digital assets, and technology stocks. It's a real shame. The way to make money is to buy when prices are low and sell when they are higher. Most investors do the opposite! When an asset goes up in price and valuations are expensive, they want to buy (and they will come up with all sorts of excuses why that asset class will continue to go up). Several of these “cheap” asset classes we own in our Inflation Sensitive ETF portfolio.

Return Source: FactSet. Data accessed on September 9, 2021.


Astoria Portfolio Advisors

Astoria Portfolio Advisors Disclosure: At of the time of this writing, Astoria held positions in DVYE, PICK, IDV, MLPA, DGRE, XME, KBWB, XLE, SPYD, MCHI, GDX, SPSM, SPDW, SPMD, IHDG, DGRO, NETL, DGRW, ACWI, BTAL, USMV, and CQQQ on behalf of its clients. Past performance is not indicative of future results. Past performance is not indicative of future performance. Any third-party websites provided on are strictly for informational purposes and for convenience. These third-party websites are publicly available and do not belong to Astoria Portfolio Advisors LLC. We do not administer the content or control it. We cannot be held liable for the accuracy, time sensitive nature, or viability of any information shown on these sites. The material in these links is not intended to be relied upon as a forecast or investment advice by Astoria Portfolio Advisors LLC, and does not constitute a recommendation, offer, or solicitation for any security or any investment strategy. The appearance of such third-party material on our website does not imply our endorsement of the third-party website. We are not responsible for your use of the linked site or its content. Once you leave Astoria Portfolio Advisors LLC's website, you will be subject to the terms of use and privacy policies of the third-party website. Refer here for more details.


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