A multi-layer, momentum-driven strategy that picks one ETF from a pool (including levered options) to ride a bull market, with hedges (UVXY, GLD, UUP) and a 60/40 core (VOO/BIL) for risk control. Levered bets aim for big upside in strong trends, hedges help limit drawdowns during volatility spikes.

- The system operates in layers. Layer 3 assesses whether the market appears bullish enough to tilt toward higher-risk, momentum-driven exposure. If yes, it moves to Fund Surf or the 60/40 core; if not, it maintains the conservative sleeve. - Fund Surf is a “select one” mechanism: among a basket (SHY, QQQ, QQQ-related inverses, and levered plays like TQQQ, SPXL, SOXL, etc.), it ranks candidates by a momentum measure over about 20 trading days and picks the one with the favorable signal to own 100% of capital for that sleeve. Some branches show, in effect, multiple Option A/B/C paths with either levered or non-levered selections. - The selection is guided by momentum metrics (RSI), price relative strength, and comparisons to moving averages. The goal is to own the top-performing ETF in the group on a given signal. Levered options (e.g., TQQQ, SPXL, SOXL) aim to amplify gains in a strong trend but carry correspondingly higher risk. Non-levered options (like QQQ) provide a steadier ride. - Layer 4 adds hedges: the “Standard Volatility Hedge” uses GLD (gold) and UUP (US dollar) with a volatility-window lookback, intended to dampen drawdowns during stress periods. A separate UVXY-based structure acts as a volatility hedge when momentum indicators signal extreme conditions (e.g., very high RSI readings suggesting overbought momentum or rising fear). - The 60/40 sleeve is a core ballast: 60% in VOO (broad market) and 40% in BIL (short-term Treasuries) to provide a dampened, less volatile backbone when conditions are uncertain or risk-off signals prevail. - The whole strategy is described as “Less VIX + VOO 60/40” in one variant name, indicating a version that reduces explicit volatility bets in favor of a more traditional core plus selective exposure tactic. Rebalancing is not aggressively enforced in the described setup, so positions tend to stay on until a new signal prompts a change. - In plain terms: when the market looks strong, pick one ETF with momentum (possibly leveraging to magnify gains) and own it; when risk rises or momentum becomes extreme, add hedges and/or revert to a safer 60/40 core. The approach mixes opportunity (through one-choice, momentum-driven ETF exposure) with risk control (volatility and hedge layers plus a conservative core).

Out-of-sample edge: Sharpe ~3.00 vs SPY ~2.82; annualized return ~39.8% vs 37.3%; Calmar ~7.26. Momentum-driven, hedged, levered exposure with a 60/40 core aims for higher risk-adjusted gains than the S&P 500.