A regime-switching, multi-asset ETF strategy that alternates between highly leveraged stock bets (TECL, SOXL, TQQQ, SPXL, UPRO) and hedges (TMF/TMV, VXX/SQQQ, SHY/TLT/BIL) based on momentum and volatility signals around SPY. It uses a dense set of rules to pick the one best asset in each regime and tends toward 100% allocation to that asset, with defensive baskets as a risk management layer. It's a highly active, leverage-heavy approach designed to chase momentum while trying to dampen losses in volatility spikes.

- The plan reads like a decision tree. It continually assesses two broad regimes: risk-on (stocks and leveraged bets) vs. risk-off (volatility, bonds, and safety trades). - It decides which basket to tilt toward based on signals derived from momentum and price relationships, especially around SPY (the broad market proxy) and VXX (volatility). - When market signals indicate overbought conditions (high SPY momentum), it tends to favor selling into rallies or buying volatility hedges (e.g., VXX, SQQQ) while reducing or avoiding long stock exposure. - When market signals indicate oversold conditions (weak SPY momentum), it props up long exposure to high-momentum, leveraged bets in tech/semis (e.g., TECL, SOXL, TQQQ, SPXL, UPRO) but also uses bond/treasury leverage (TMF) in a defensive posture if other signals align. - The system uses multiple filters to pick the single asset (or few) to hold, often choosing the “top” or “bottom” asset by metrics like moving-average returns, cumulative returns, or relative strength, over short windows (days to a couple of weeks). - It includes a set of “Defense” baskets that rotate among EM equities, Treasuries, and defensive ETFs, with additional checks against volatility and drawdown risk. - The “NO K-1” and 50/50 labeling suggest a structure designed to avoid K-1 tax reporting in some LETFs and to blend two tactical sleeves roughly equally, though exposure is still frequently weighted 100% to the selected assets within a sleeve. The overall aim is to capture upside in up-trending markets with leveraged bets while providing a hedge via volatility and treasury exposures during downturns or regime shifts.

Dynamic regime-switching with leveraged bets and hedges aiming to beat the S&P on risk-adjusted returns. Out-of-sample Sharpe 1.72 vs SPY ~1.39; Calmar 2.95; strong upside with defensive risk controls—note larger drawdowns in downturns.