Vol-triggered, momentum-based multi-asset strategy. In calm markets it tilts to a 3x levered mix (TQQQ, TMF, UPRO); in other regimes it selects the top 2 assets by 120-day momentum from a diversified pool, with 2% rebalance tolerance and no fixed schedule.

How it works (plain language): 1) The model first checks recent volatility of the long-duration Treasury ETF (TLT). If volatility is very low (under 0.85), it allocates 100% of capital equally among three leveraged bets: TQQQ (Nasdaq-100 3x), TMF (long Treasuries 3x), and UPRO (S&P 500 3x). 2) If TLT volatility isn’t that low, it checks SPY’s volatility. If SPY’s 21-day volatility is under 1.25, it screens a pool of assets (QQQ, SPY, TLT, GLD, DBC, UUP, SHV) and picks the top two by 120-day cumulative return (momentum). Those two are weighted equally in the portfolio. 3) If SPY’s volatility is 1.25 or higher, it runs a similar momentum screen from a slightly different pool (QQQ, SPY, TLT, GLD, DBC, UUP, SHV) and again chooses the top two by 120-day momentum, equally weighting them. 4) Rebalancing isn’t scheduled; a 2% price drift tolerance (rebalance corridor) governs adjustments. The assets cover equities, bonds, gold, commodities, and currencies for diversification. The approach aims to be nimble: levered bets in calm regimes and momentum-based two-asset selections otherwise, with an emphasis on recent performance and short-term volatility signals.

Out-of-sample return: 28.4% vs SPY ~22.5%; drawdown: 15.1% vs 18.8%; Calmar ~1.88. A volatility-tuned, momentum-based, multi-asset strategy that leverages calm markets and uses momentum otherwise—better risk-adjusted SPY upside.