V1e Fund Surfing is a volatility-gated, single-asset strategy. Depending on SPY’s 21-day volatility, it selects one asset from a small pool (either TECL, TQQQ and IEF, or TECL, TQQQ and SHY) that has the lowest 21-day RSI, and allocates to that asset. If market volatility is higher, it shifts to a safer pool; otherwise it may tilt toward leveraged tech or long Treasuries. It uses a 5% rebalancing corridor and does not follow a fixed rebalance schedule, maintaining a cash-like stance unless the gating rules trigger a move to one chosen asset.

- The fund keeps most exposures in cash-like form by default. - It measures SPY’s 21-day volatility (a sense of market turbulence). If volatility is very low (below 1), it looks at three assets: TECL, TQQQ, and IEF. If any of these look attractive on momentum (lowest RSI over the last 21 days), it buys that one; otherwise it stays in cash-ish mode via SHY. - If volatility is a bit higher (below 2), it expands the candidate pool to TECL, TQQQ, and SHY. It again picks the asset with the lowest 21-day RSI among those three and buys that one. - In both cases, the asset selection is done by ranking the three (or three) candidates by RSI over a 21-day window and taking the one with the lowest score (the weakest recent performer) – a mean-reversion style signal. - The portfolio uses a “cash-equal” approach, meaning it aims to allocate weights in a way that keeps a cash-like balance, but with only one active asset at a time, the result is effectively a single-asset position. - Rebalancing is not scheduled (rebalance: none); adjustments occur gradually with a corridor width of 0.05, so changes are incremental rather than abrupt. - The two gating tiers (thresholds 1 and 2) create slightly different asset pools depending on how calm or turbulent the market is, and both ultimately pick the lowest-RSI asset from their respective pools. - RSI is a momentum-measurement tool that shows whether an asset has been overbought or underbought recently; a lower RSI suggests weaker recent performance, which the strategy interprets as a candidate for a mean-reversion bounce. (Note: no ETF or RSI concepts are explained here, but RSI is used as a relative strength gauge to identify the weakest offering in the chosen pool.)

Out-of-sample edge: ~65% annualized return vs ~22% for S&P, with better risk-adjusted metrics (Sharpe ~1.44, Calmar ~1.46) and positive alpha. A volatility-gated, cash-like, single-asset approach.