NOVA Drawdown Duel v2 is a drawdown-focused equity rotation system that compares groups of tickers via short lookbacks, momentum and risk signals, and hedging rules to pick resilient exposures while using VIX and cash hedges to damp risk.

- The system tests groups of tickers (often ETFs) against each other in “duels” to see which group has performed better during downturns. - For two-ticker duels it uses an 11-day lookback; for many-ticker duels it uses a 12-day lookback. - It computes momentum/drawdown metrics (RSI over 10 days vs a benchmark like SPY or QQQ, max drawdown, moving-average returns, etc.) to decide winners. - It routes capital toward the winning group and may tilt toward hedges (VIX ETFs like VXX/UVXY/UVIX, VIXM) or cash proxies (BIL) when risk signals are high. - The strategy skins multiple thematic blocks (e.g., front-runner groups, VIX blend groups, inverse-vol tilts) and combines them with “Just Run This” and other guardrails to create a diversified, risk-managed exposure. - Rebalancing follows predefined corridors and weight rules (e.g., 60-day blocks, certain equal-weight or weighted allocations), with occasional shifts to safer or more aggressive tilts depending on the drawdown/momentum signals. - The asset universe covers broad equities, sector/quality ETFs, leveraged plays, volatility products, and a managed-futures element (KMLM, BTAL-like groupings), to diversify sources of return and hedge risk.

Out-of-sample NOVA Drawdown Duel v2 aims to beat the S&P with far higher upside and disciplined risk control: ~51% annualized return vs ~28% for the S&P, Calmar ~2.41, and hedges (VIX/cash) to defend during drawdowns.