A levered, three-ETF portfolio (36% UPRO stocks, 36% TYD bonds, 28% UGL gold) rebalanced quarterly to mimic a risk-balanced “Golden Butterfly”-style mix with amplified exposure. Aims for growth with controlled drawdown, but relies on leveraged ETFs, which can magnify losses and introduce path-dependent behavior. Not guaranteed; designed for long-horizon investors who can tolerate higher volatility and costs.

- Think of your money as three main ingredients: stocks, bonds, and gold. Instead of buying them in simple amounts, this strategy uses leveraged ETFs to amplify exposure: 36% goes to UPRO (which aims to deliver 3 times the daily movement of the S&P 500), 36% to TYD (which aims to deliver 3 times the daily movement of long-term Treasuries), and 28% to UGL (which aims to deliver 2 times the daily movement of gold). - How it’s built: The plan starts with those exact weights (36/36/28). Every quarter, you rebalance back to those targets. If stocks rally, you sell some of the winners and buy the laggards to return to 36/36/28; if bonds or gold move, you adjust similarly. - Why these three: Stocks provide growth, long-duration bonds provide ballast during risk-off periods, and gold adds an inflation hedge and crisis protection. The leverage increases both upside and downside, making the portfolio more aggressive than a traditional mix but still aiming for a balance across growth, safety, and hedging. - What you’re buying: UPRO = ProShares UltraPro S&P 500 (3x daily S&P 500), TYD = Direxion Daily 7-10 Year Treasury Bull 3x Shares (3x daily moves of long bonds), UGL = ProShares Ultra Gold (2x daily gold). - What “quarterly rebalance” means: Every three months you readjust the holdings so the proportions are back to 36/36/28, regardless of market moves. This helps keep the intended risk mix in place. - What to expect: The APY and drawdown figures are historical/backtested estimates. Real results depend on market paths, leverage behavior, and costs. Levered ETFs can underperform expectations during choppy markets due to compounding effects and fees. - Practical notes: Fees, taxes, and the ease of trading leveraged ETFs matter. This strategy is more suitable for investors with a long time horizon and a higher tolerance for volatility and complexity.

Out-of-sample edge: ~41.8% annualized return vs 21.4% S&P; Sharpe ~1.74 vs 1.33; Calmar ~2.04— stronger risk-adjusted gains from a levered, diversified three-asset mix. Note: leverage can amplify drawdowns.