Adaptive Asset Allocation - SPY, TLT, UUP, GLD | GiantSteps
Backtest results
Metrics
1Y · since Oct 2025Adaptive Asset Allocation - SPY, TLT, UUP, GLD | GiantSteps | |
|---|---|
| Total Return | +6.92% |
| CAGR | +6.98% |
| Sharpe | 0.68 |
| Calmar | 0.77 |
| Max DD | -9.04% |
| Volatility | 10.80% |
| Win Rate | 54.2% |
Last year of a hypothetical backtest, Oct 30, 2025 to Oct 30, 2026. Create an account to see the full history.
About this strategy
A dynamic allocation that mainly holds the S&P 500 (SPY) and the 20-year Treasury (TLT) while it shifts into gold (GLD) or the U.S. dollar (UUP) when the recent 126-day returns of the other assets fall behind. It protects itself by rebalancing to the pair with the lowest volatility, keeping each position's risk contribution similar.
Current allocation
What the rules select as of Oct 30, 2026.
Frequently asked questions
What is Adaptive Asset Allocation - SPY, TLT, UUP, GLD | GiantSteps?
A dynamic allocation that mainly holds the S&P 500 (SPY) and the 20-year Treasury (TLT) while it shifts into gold (GLD) or the U.S. dollar (UUP) when the recent 126-day returns of the other assets fall behind. It protects itself by rebalancing to the pair with the lowest volatility, keeping each position's risk contribution similar.
What is Adaptive Asset Allocation - SPY, TLT, UUP, GLD | GiantSteps holding today?
As of Oct 30, 2026, Adaptive Asset Allocation - SPY, TLT, UUP, GLD | GiantSteps allocates to UUP 71.5%, SPY 28.5%.
How has Adaptive Asset Allocation - SPY, TLT, UUP, GLD | GiantSteps performed over the past year?
From Oct 30, 2025 to Oct 30, 2026, Adaptive Asset Allocation - SPY, TLT, UUP, GLD | GiantSteps returned +7.2% in a hypothetical backtest. Past performance does not guarantee future results.
What is the maximum drawdown of Adaptive Asset Allocation - SPY, TLT, UUP, GLD | GiantSteps?
From Oct 30, 2025 to Oct 30, 2026, the largest peak-to-trough decline of Adaptive Asset Allocation - SPY, TLT, UUP, GLD | GiantSteps in a hypothetical backtest was -9%.
How do I use Adaptive Asset Allocation - SPY, TLT, UUP, GLD | GiantSteps?
Open Adaptive Asset Allocation - SPY, TLT, UUP, GLD | GiantSteps in Quantly to rerun the backtest, adjust the rules, and paper trade it. You can also connect a supported brokerage to trade your version live.
Backtest results are hypothetical and do not guarantee future returns. Strategies are shared by Quantly users for research only and are not investment advice.