A dynamic, all-weather-inspired, rules-based portfolio that uses crash protection, regime-based tilts between risk-on/risk-off and rate environments, levered equity exposure, bond sub-strategies, and a rotating commodities sleeve to aim for long-run outperformance with enhanced risk controls.

- The portfolio starts with a crash-protection rule. If a volatility indicator (roughly a 97-day look at VIXY) exceeds a threshold (RSI > 54), it shifts toward safety by allocating a chunk (about 30%) to short-term Treasuries via the SHY ETF to cushion potential drawdowns. - If volatility is not signaling crash protection, the portfolio maintains a core equity tilt (about 30% of the total) but manages it through regime-based tilts rather than a fixed stock/bond split. - Equities sleeve is split into regimes: <b>Risk On – Bullish Market Conditions</b> uses levered equity ETFs (such as 2-3x exposure) to capture momentum in a strong, rising market. The specific levered ETFs are filtered and ranked by their recent performance (cumulative return over a short window) and a subset is chosen to participate. - If signals indicate a tougher environment, the strategy moves to <b>Risk Off</b>, which uses defensive or hedged exposures to dampen risk, including bear/short proxies and market-neutral or dollar-bairing components. - There is a separate <b>Bonds</b> sleeve (about 55% of the portfolio) with sub-strategies for different rate environments: <i>Normal Market – 1x Bonds</i> (longer-term and intermediate Treasuries in a 60/40 style split); <i>Rising Rates</i> (USD/ bond-focused tilt using dollar-strong exposures plus bear/short-treasury instruments); and <i>Falling Rates</i> (3x leveraged-bond positions to benefit from falling rates). The exact assets rotate within each sub-scenario to reflect regime signals. - The <b>Commodities</b> sleeve (about 15%) diversifies into a basket of commodity ETFs (broad commodity exposure, oil, gold, silver and related baskets). The framework selects the top performers over a short lookback to build exposure. - The system uses a corridor (rebalance tolerance) to avoid always reordering every day; it rebalances within a small band to maintain target allocations. - Overall, the objective is to capture growth when conditions favor risk assets and to defend capital when conditions worsen, while keeping a tax-friendly ETF-only structure and avoiding K-1 complexities. - Important caveats: leveraged ETFs carry higher volatility and compounding risks; regime signals can lag or give false positives; this is a sophisticated strategy intended for investors who understand leverage and multi-asset timing.

Adaptive, all-weather strategy with crash protection and regime tilts. OOS: beta 0.56; max drawdown 18.0%; annualized return 19.1%; Sharpe 1.04; Calmar 1.06. Diversified to complement SPY with downside protection.