If the price goes up significantly and causes the weight of the ETF to be more than 20% above its target weight, you will get an order to sell some of your ARKG and buy some of your other ETFs such as ARKW to rebalance the portfolio back to its target weight of 20% per stock.
Thanks for sharing! Yes fully agree with you that systematic investing is the way to go because it removes emotions and relies completely on logic. Backtesting also allows you to test whether your strategy works before putting your money into the market.
Interesting strategy you got there. You are using a moving average strategy to filter for ETFs trading above their moving average and selecting the ETFs with the highest 6 month returns.
Would love to know how your strategy performs in the future. Do update us!