Introducing Per-Strategy Optimization

We are excited to announce Per-Strategy Optimization Options are now here for your Double portfolio. This feature gives you much more control to customize your portfolio goals by assigning unique optimization mode to each individual strategy. Some strategy benefit from Factor based Tax Loss Harvesting, while other times you simply want to Buy & Hold your stocks and let your winners ride. Double now makes this dead simple to do per strategy.

Optimization Options

Tax Loss Harvesting with Pairs (TLH for smaller strategies): Optimizer will tax loss harvest your portfolio based on a pairs replacement approach. It also considers drift, transaction costs and holding costs where applicable.

Tax Loss Harvesting with Factors (TLH for larger strategies): Optimizer will tax loss harvest your portfolio based on a factor approach. It also considers drift, transaction costs and holding costs where applicable.

Rebalance Regularly (Stay on track to weights): Rebalance without taking into account taxes, with the goal of closer tracking towards your targets. This is useful for custom strategies with a small number of stocks, especially if they are market cap weighted.

Quarterly Rebalancing (Balanced Growth): Buy and hold your strategy, while rebalancing it quarterly, again without taking into account taxes.

Buy & Hold (Let it ride): Only buy into the strategy (using additional cash via dividends or deposits), except if you change your portfolio level weights for this strategy.

You can read more about these optimization on our help center.

How to View and Update Optimization Options:

New Strategies: When creating a new strategy, we’ve added the ability to select an optimization type in the final step.

Existing Strategies: Upon logging in, you will see the current optimization mode assigned to each strategy on your Portfolio. Clicking one of these tags takes you to the Strategy Detail page. Then in the top right hit Options > Edit, and then Continue, then you should be able to select a new optimization type.

As always Double is bringing improvements like to this users while still offering zero expense ratio indexing. This is just one way that Double is bringing your more choice and bridging the gap between active and passive investing. Stay tunes for more.