Broke as a Joke (Recession Plays)
Backtest results
Metrics
1Y · since Oct 2025Broke as a Joke (Recession Plays) | |
|---|---|
| Total Return | +11.85% |
| CAGR | +11.95% |
| Sharpe | 0.82 |
| Calmar | 1.29 |
| Max DD | -9.29% |
| Volatility | 15.23% |
| Win Rate | 51.0% |
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 trend-following strategy mainly holds broad market and tech funds - SPY, QQQ, DIA - when the S&P 500 is above its 200-day average and the market is not overbought. When the S&P 500 falls below that average or the Nasdaq shows weak momentum, it switches to defensive bonds (TLT) or a basket of consumer staples and large-cap stocks (KO, PEP, WMT, COST, YUM, MCD, MNST, KR, DLTR, JNJ) to protect against downside.
Current allocation
What the rules select as of Oct 30, 2026.
Frequently asked questions
What is Broke as a Joke (Recession Plays)?
A trend-following strategy mainly holds broad market and tech funds - SPY, QQQ, DIA - when the S&P 500 is above its 200-day average and the market is not overbought. When the S&P 500 falls below that average or the Nasdaq shows weak momentum, it switches to defensive bonds (TLT) or a basket of consumer staples and large-cap stocks (KO, PEP, WMT, COST, YUM, MCD, MNST, KR, DLTR, JNJ) to protect against downside.
What is Broke as a Joke (Recession Plays) holding today?
As of Oct 30, 2026, Broke as a Joke (Recession Plays) allocates to DIA 33.3%, QQQ 33.3%, SPY 33.3%.
How has Broke as a Joke (Recession Plays) performed over the past year?
From Oct 30, 2025 to Oct 30, 2026, Broke as a Joke (Recession Plays) returned +12.1% in a hypothetical backtest. Past performance does not guarantee future results.
What is the maximum drawdown of Broke as a Joke (Recession Plays)?
From Oct 30, 2025 to Oct 30, 2026, the largest peak-to-trough decline of Broke as a Joke (Recession Plays) in a hypothetical backtest was -9.3%.
How do I use Broke as a Joke (Recession Plays)?
Open Broke as a Joke (Recession Plays) 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.