A multi-bucket, rule-based strategy that blends volatility ETFs (UVXY/VIXY) with equity/sector ETFs, using several risk/return themes (Sharpe, AR, Calmar, VibeCheck) and a volatility-gating rule to seek “cheap vol” while managing downside risk.

Plain-language description of how it works: What it is trying to do: the strategy seeks to gain from cheap volatility exposure while controlling risk by splitting capital into several themed buckets. Each bucket uses a different risk/return lens (Sharpe, AR, Calmar, VibeCheck) to decide what to own and how much to own. How it picks assets: the strategy mostly trades volatility-related ETFs (like UVXY and VIXY, which track short-term market fear) and combines these with select equity and sector/commodity ETFs (such as TECL, UCO, QQQ, SPY, TQQQ, BND, etc.). Within each bucket, assets are chosen using simple, rule-based screens (for example, indicators that measure momentum or price levels over the recent past). The screens are designed to avoid chasing overly expensive volatility or overly risky setups. How it allocates: inside each bucket, positions are weighted evenly (100/100 style) among the selected assets, and the bucket itself is designed to contribute a portion of the total capital (e.g., “80% | Sharpe”, “80% | Calmar”, etc.). The labels suggest each bucket is optimizing a different performance/risk target (e.g., maximizing risk-adjusted return, managing drawdowns, or balancing risk signals). Key risk-checks: there is a recurring gating mechanism labeled “UVXY / VIXY CheckDown 85%” where the strategy looks at recent behavior of the volatility ETFs (often via a momentum/RSI check) to decide whether to proceed with the deeper set of asset picks or to fall back to alternatives. This gate helps prevent chasing extreme volatility spikes and helps limit potential losses when vol is very expensive. What happens in practice: if the signals align (volatility isn’t extreme, momentum supports, and the price relationships look favorable relative to bonds and broad markets), the strategy builds a diversified mix across the buckets. It then rebalances to keep the intra-bucket weights even and aims to maintain broad diversification across volatility exposure and stock/sector exposure. If the signals are weak or contradictory, it will favor more conservative or alternative assets to reduce risk. Who would it be for: a more risk-tolerant investor who wants to participate in volatility-like moves but with built-in risk controls and a multi-faceted decision framework rather than a single indicator signal. One should expect higher turnover and more pronounced drawdowns in strongly adverse markets, but with the intent of improving risk-adjusted outcomes over time.

A rule-based volatility/equity blend with volatility-gating risk controls that outperforms the S&P on risk-adjusted terms: oos return ~47% vs ~24%, Sharpe ~2.62 vs ~2.05, Calmar ~6.85, beta ~0.34. Strong upside with disciplined risk management.