Bet Against Beta
Backtest results
Metrics
1Y · since Oct 2025Bet Against Beta | |
|---|---|
| Total Return | -4.00% |
| CAGR | -4.03% |
| Sharpe | -0.33 |
| Calmar | -0.22 |
| Max DD | -18.39% |
| Volatility | 10.68% |
| Win Rate | 52.2% |
Last year of a hypothetical backtest, Oct 30, 2025 to Oct 30, 2026. Create an account to see the full history.
About this strategy
Dynamic and defensive, the strategy mainly holds a balanced mix of risk-on assets such as leveraged VIX (UVXY) or VIX mid-term (VIXM) when the Nasdaq is overbought, then shifts to a diversified neutral core of BTAL, IEF, GLD and VIXY during market stress or when the S&P 500 falls below its 200-day average. It protects itself by moving into bonds, gold, the dollar or utilities when drawdowns exceed five percent or the market trend turns negative.
Current allocation
What the rules select as of Oct 30, 2026.
- BTAL11.1%
AGF U.S. Market Neutral Anti-Beta Fund
- GLD11.1%
SPDR Gold Trust, SPDR Gold Shares
- IEF11.1%
iShares 7-10 Year Treasury Bond ETF
- SCHD11.1%
Schwab US Dividend Equity ETF
- SHY11.1%
iShares 1-3 Year Treasury Bond ETF
- UUP11.1%
Invesco DB US Dollar Index Bullish Fund
- XLP11.1%
State Street Consumer Staples Select Sector SPDR ETF
- XLU11.1%
State Street Utilities Select Sector SPDR ETF
- XLV11.1%
State Street Health Care Select Sector SPDR ETF
Frequently asked questions
What is Bet Against Beta?
Dynamic and defensive, the strategy mainly holds a balanced mix of risk-on assets such as leveraged VIX (UVXY) or VIX mid-term (VIXM) when the Nasdaq is overbought, then shifts to a diversified neutral core of BTAL, IEF, GLD and VIXY during market stress or when the S&P 500 falls below its 200-day average. It protects itself by moving into bonds, gold, the dollar or utilities when drawdowns exceed five percent or the market trend turns negative.
What is Bet Against Beta holding today?
As of Oct 30, 2026, Bet Against Beta allocates to BTAL 11.1%, GLD 11.1%, IEF 11.1%, SCHD 11.1%, SHY 11.1%, UUP 11.1%, XLP 11.1%, XLU 11.1%, XLV 11.1%.
How has Bet Against Beta performed over the past year?
From Oct 30, 2025 to Oct 30, 2026, Bet Against Beta returned -4.3% in a hypothetical backtest. Past performance does not guarantee future results.
What is the maximum drawdown of Bet Against Beta?
From Oct 30, 2025 to Oct 30, 2026, the largest peak-to-trough decline of Bet Against Beta in a hypothetical backtest was -18.4%.
How do I use Bet Against Beta?
Open Bet Against Beta 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.