The author sold BND/BNDX and replaced the bond allocation with VGIT, VTIP, VGLT, and VBIL for drawdown stabilization, inflation hedging, crisis tail, and liquidity roles.
VGIT — LONG The author replaced BND/BNDX with VGIT as a 4% allocation. VGIT is designated as the core drawdown stabilizer.
4% VGIT (Vanguard Intermediate-Term Treasury ETF) Core drawdown stabilizer
VTIP — LONG The author allocates 3% to VTIP. It is used as an inflation shock hedge.
3% VTIP (Vanguard Short-Term Inflation-Protected Securities ETF) Inflation shock hedge
VGLT — LONG The author gives VGLT a 2% allocation. VGLT is labeled as a crisis tail.
2% VGLT (Vanguard Long-Term Treasury ETF) Crisis tail