A rules-based, cash-balanced, multi-asset strategy that uses momentum and trend signals to rotate among commodities, broad U.S. stocks, and bonds in a K-1 free package; it uses hedges (inverse/leveraged ETFs and premium-income funds) and has no fixed rebalancing schedule.

This is a rules-based, multi-asset portfolio that tries to balance upside capture with risk containment, using only ETFs that issue 1099s (K-1 Free). It divides risk across three main sleeves: Commodities, Broad Market (stock market), and Bonds. Each sleeve applies its own set of conditions to pick assets and sizing, and the sleeves are then combined into a single portfolio with an overall cash-like tilt within each sleeve. The asset universe includes broad stock proxies (SPY, QQQ), hedges (SQQQ, TQQQ, PSQ, JEPQ, UVXY), commodity exposures (GDX, PDBC, DBC, GSG-like options), and bond/dollar instruments (BND, USDU, TLT, IEF, TMV, UUP/USDU). The rules mostly revolve around momentum (how strong or weak an asset has performed recently), price relative to moving averages, and overbought/oversold signals. When a signal is triggered, the system shifts weight toward or away from an asset according to predefined weights (e.g., some blocks carry weights like 80/100 for a top asset within a filter) and sometimes selects the top or bottom asset within a group. Rebalancing is not on a fixed schedule (rebalance: none); instead, changes occur when the decision-tree criteria are met. The structure is designed to be K-1 free by avoiding niche funds that issue K-1s and sticking to standard ETFs and premium-income funds. The end result is a diversified, dynamic allocation that can tilt toward momentum-driven stocks, defensive bonds/dollars, or hedges depending on market signals, with explicit inclusion of leverage and inverse instruments only as dictated by the signals.

Out-of-sample, this K-1-free, multi-asset strategy delivers superior risk-adjusted returns vs the S&P. Sharpe 1.77 (vs 1.39), Calmar 2.97, drawdown ~6.6% vs ~18.8%, and low beta ~0.23, thanks to momentum-driven hedges and dynamic sleeves.