There really is no such thing as a truly passive portfolio. Every portfolio constructed requires some tactical choices. The original Fortress portfolio was US only and used the ETFs that were available at the time. Today we can construct portfolios using many different themes such as:
Dividend Growth, High Dividend Yield, Growth, Value, Global, International, Emerging Markets, International Dividend Growth are just a few examples of the possibilities. We can also create models that are tilted to the economic environment such as Rising Growth, Rising Dollar or Rising Growth, or Falling Dollar.
US Version: International Version: Global Version: