A daily-rebalanced, leveraged ETF strategy that selects up to three top performers from a broad US-equity/leveraged pool, uses short-term momentum against cash, and applies bond-trend and volatility hedges to manage risk. It shifts into defensive assets when volatility or rate risks rise, balancing growth with protection.

- It scans a broad set of US equity-related ETFs, including leveraged bulls, to measure recent performance. It ranks them by cumulative return and picks the top three candidates. - For each top candidate, it uses a front-runner test that compares short-term momentum against a cash proxy (1–3 month T-bill ETF like BIL). If the momentum is strong, it buys or holds that leveraged ETF; if not, it may shift into defensives. - The system layers in bond-trend rules (longer and shorter bond trend signals) to decide whether market conditions favor risk-on (more stocks and leverage) or risk-off (defensive bonds/gold/dollar). - It includes volatility hedges: if volatility surges or risk signals worsen, the algorithm moves into volatility-related or inverse-volatility assets (UVXY, SVXY, SDS, SQQQ) or into traditional hedges (IEF, GLD, UUP, TMF). - Drawdown and VIX-type considerations are used to avoid chasing losses and to tilt toward safety when needed. - Rebalancing happens daily, so the allocation can swing quickly with market conditions. - The net exposure is typically in leveraged long ETFs when risk is on, but can flip to a basket of defensive assets to protect capital during risk-off periods. - The portfolio mix spans large-cap tech/information systems proxies (via QQQ-like products), broad US equities (SPY, IWM, MDY), and some alternative exposures (EM markets via EDC, Emerging Market Bull 3x, etc.), plus a set of hedges to manage volatility and rate risk. - The overall aim is to capture upside in trending markets while using a disciplined risk framework to limit downturns; however, it remains a high-risk, high-turnover approach that may experience substantial drawdowns in choppy or rapidly reversing markets.

Out-of-sample annualized return 20.64% vs SPY 19.22%, driven by momentum in top leveraged ETFs and adaptive hedging. Daily rebalancing targets trend upside with risk controls; note higher drawdown in volatile markets.