Again, don't look at just US equities. The PE of global stocks is nowhere near the insanity of the US market. VYMI (value ex-US) constituents have a PE under 13.
I don't want to outperform the market. I want to reduce volatility while matching the market. But my port is simple: 36% VGT, 36% GLD, 24% VYMI, and 4% crypto.
It's up 33% YTD.
Check it out (portfolio 3):
[https://www.portfoliovisualizer.com/backtest-portfolio?s=y&sl=2ctpqtfrMpiWXsGOSJNfar](https://www.portfoliovisualizer.com/backtest-portfolio?s=y&sl=2ctpqtfrMpiWXsGOSJNfar)