A high-risk, rule-based, single-asset switcher that uses short-term momentum signals to pick one ETF to own at a time, with a special focus on KMLM as a pivot and heavy use of volatility/leveraged ETFs.

In plain terms, this strategy is a rules-based, single-asset picker that scans a list of ETFs for momentum signals. It uses a simple momentum measure (RSI) over a short window (about 10 days) to decide which asset to own. If a very high momentum condition is met on one asset (like QQQE RSI above 79), it goes all-in on a volatility-related ETF (UVXY) to capture a spike in volatility. If that specific signal isn’t met, it checks other assets in a cascading set of conditions (value, volatility, technology, semiconductors, etc.). The system keeps querying “which asset looks strongest/weakest by momentum” and eventually selects a single asset to own at 100% of capital, rather than spreading across many. A special branch centers on KMLM (the managed futures ETF) as a key pivot; it uses a bottom-RSI sorting of a handful of assets and then includes KMLM in the consideration. When the conditions favor it, the group labeled “Single Popped KMLM” triggers an allocation to KMLM. The strategy does not rebalance on a fixed schedule; it holds the chosen asset until a new signal clears, effectively making it a series of one-asset-at-a-time bets. The entire approach is aggressive, with frequent use of leveraged and inverse-like exposure (UVXY, TECL, SOXL, SPXL, etc.), and it relies heavily on momentum signals and a handful of inter-asset RSI comparisons. Risks include outsized drawdowns, stickiness to a single asset for long periods, and sensitivity to short-term RSI spikes and rapid regime shifts.

Out-of-sample annualized return ~75% vs SPY ~18%; Sharpe ~1.10, Calmar ~1.52, beta ~0.89. Momentum-driven, single-asset picker with volatility-tilted bets offers stronger risk-adjusted gains, but accepts larger drawdowns (~49%).