A quarterly, momentum-driven risk-on/risk-off strategy that uses a bond/cash gauge (BND vs BIL) to pick a four-asset levered-bet or defensive hedge basket, rebalanced four times a year.

Every quarter the system checks whether bonds are performing better than cash (BND vs BIL over a set lookback). If bonds win, it goes risk-on by picking four levered ETFs with strongest recent momentum (from a pool like SOXL, TECL, TQQQ, UPRO, FAS, TMF) and allocates evenly. If bonds lose, it switches to risk-off by selecting four defensive/hedging assets (defensive sectors XLP/XLE/XLV; Treasuries SHY/TLT, gold proxy UGL, inverses SDS/QID, volatility products VIXY/VIXM, anti-beta BTAL, USDUSDX USDU) with allocations weighted to reflect safety. The process uses short lookback windows (e.g., 10–60 days) for momentum and a quarterly reset. The variants adjust windows and asset pools but preserve the core risk-on/off toggle and four-asset target.

Out-of-sample, this quarterly momentum strategy targets upside with four-asset rotations: ~46% annualized return vs SPY's ~22%, and Calmar ~1.04. It offers stronger growth potential than the S&P 500—though bear markets can see ~44% drawdowns.