Always fully invested in SVIX, an inverse VIX futures ETF. Bets on calm markets: gains when fear subsides, large losses when volatility spikes. Daily rebalance keeps 100% exposure; very high risk and highly concentrated.

It puts 100% of your money into SVIX, an ETF designed to move opposite the VIX futures index (the market’s “fear index”). It rebalances each day to stay fully in SVIX. It tends to rise when market fear fades, and can drop sharply when fear/volatility surges.

Bold diversification strategy: aims to gain when volatility quiets, offering a different risk/return than the S&P 500. Note: out-of-sample results show large drawdowns and negative returns; best for very risk-tolerant investors.