Content and data provided by various third parties and Fidelity − Terms of Use | Help/Glossary
Research > ETFs > ETF / ETP Commentary > 

Tuttle Capital Launches “Permanent Portfolio”-Focused, Multi-Asset ETF

BY | ETF Database
9:00 am ET 06/08/26 | 14 VIEWS
The ETF ecosystem continues to grow and change, with the wrapper’s flexibility making it a strong vehicle for investing innovation. Tuttle Capital is the latest firm to add to that wide ETF universe. Partnering with Porter & Company, the new multi-asset ETF offers a rules-based strategy that balances return drivers in the spirit of Harry Browne’s “permanent portfolio” in the 1980s.Key Takeaways: Tuttle Capital has launched a new fund that revisits a classic 80s’ strategy approach. Building on Harry Browne’s “permanent index,” it equally balances four different return drivers. The fund could make for an intriguing long term hold for investors wanting a balanced strategy in one wrapper. The Porter & Company Porter Portfolio Index ETF (PCPP), listed on CBOE, will track the Porter & Co. Porter Portfolio Index. In doing so, it aims to capture the performance of four key return drivers in one index. Charging a 75 basis point (bps) fee, the strategy will allocate 25% to Property & Casualty Insurance companies, 25% to capital-efficient equities, 25% to hard assets such as Bitcoin and precious metals, and 25% to cash-like investments according to a press release. “Harry Browne built the original permanent portfolio in the 1980s based on a simple idea: an investor shouldn’t have to predict the next economic or market cycle in order to survive it,” said Matthew Tuttle, Tuttle Capital Management CEO. “PCPP takes that idea and updates it for how markets actually work today — with insurance underwriters that compound through cycles, quality businesses that generate cash, hard assets including Bitcoin, and short-duration cash,” he added.Details of the Multi-Asset ETFThe multi-asset rebalances periodically to keep that 25, 25, 25, 25 split. The Fund may also hedge its sensitivity to diversification risk by investing in derivatives like swaps, futures and more. According to the release, Browne’s original vision held that because markets shift through just a few overall conditions, a balanced approach could do well long term. Originally, those four drivers were equities, long-duration government bonds, gold, and cash. PCPP updates that list with assets like Bitcoin, for example. Together, PCPP could make for an intriguing offering. Using the ETF wrapper’s efficiency and tax friendliness, the strategy represents an intriguing return for a classic strategy that may appeal to investors in an uncertain market.  For more news, information, and strategy, visit ETFDB. VettaFi LLC (“VettaFi”) is the index provider for PCPP, for which it receives an index licensing fee. However, PCPP is not issued, sponsored, endorsed, or sold by VettaFi, and VettaFi has no obligation or liability in connection with the issuance, administration, marketing, or trading of PCPP.

More Commentary

VIDEO: ETF of the Week: CSHI
BY | ETF Database
10:47 am ET 06/08/26 | 3 VIEWS
Diversifying Portfolios: MFS Launches 2 New ETFs
BY | ETF Database
7:48 am ET 06/08/26 | 20 VIEWS
Canada Midstream Update: Projects Advance as Wildfire Season Kicks Off
BY | ETF Database
8:22 am ET 06/08/26 | 15 VIEWS
View more Commentary

Search Commentary

Enter Keyword(s)
Filter Results

Performance data shown is past performance and is no guarantee of future results. Current performance may be higher or lower than the performance data quoted. Yield and return will vary, therefore you have a gain or loss when you sell your shares. For standard quarterly performance, go to the fund's Snapshot page by clicking on the ETF/ETP's symbol.

ETFs may trade at a premium or discount to their NAV and are subject to the market fluctuations of their underlying investments.

For iShares ETFs, Fidelity receives compensation from the ETF sponsor and/or its affiliates in connection with an exclusive long-term marketing program that includes promotion of iShares ETFs and inclusion of iShares funds in certain FBS platforms and investment programs. Please note, this security will not be marginable for 30 days from the settlement date, at which time it will automatically become eligible for margin collateral. Additional information about the sources, amounts, and terms of compensation can be found in the ETF's prospectus and related documents. Fidelity may add or waive commissions on ETFs without prior notice. BlackRock and iShares are registered trademarks of BlackRock, Inc. and its affiliates.

FBS receives compensation from the fund's advisor or its affiliates in connection with a marketing program that includes the promotion of this security and other ETFs to customers ("Marketing Program"). The Marketing Program creates incentives for FBS to encourage the purchase of certain ETFs. Additional information about the sources, amounts, and terms of compensation is in the ETF's prospectus and related documents. Please note that this security will not be marginable for 30 days from the settlement date, at which time it will automatically become eligible for margin collateral.

News, commentary (including "Related Symbols") and events are from third-party sources unaffiliated with Fidelity. Fidelity does not endorse or adopt their content. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use.

Any data, charts and other information provided on this page are intended to help self-directed investors evaluate exchange traded products (ETPs), including, but limited to exchange traded funds (ETFs) and exchange traded notes (ETNs). Criteria and inputs entered, including the choice to make ETP comparisons, are at the sole discretion of the user and are solely for the convenience of the user. Analyst opinions, ratings and reports are provided by third-parties unaffiliated with Fidelity. All information supplied or obtained from this page is for informational purposes only and should not be considered investment advice or guidance, an offer of or a solicitation of an offer to buy or sell a particular security, or a recommendation or endorsement by Fidelity of any security or investment strategy. Fidelity does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating ETPs. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use. Determine which securities are right for you based on your investment objectives, risk tolerance, financial situation and other individual factors and re-evaluate them on a periodic basis.

Before investing in any exchange traded product, you should consider its investment objective, risks, charges and expenses. Contact Fidelity for a prospectus, offering circular or, if available, a summary prospectus containing this information. Read it carefully.