Exhibit 1 | ADAPTIVE ASSET ALLOCATION
Backtest results
Metrics
1Y · since Oct 2025Exhibit 1 | ADAPTIVE ASSET ALLOCATION | |
|---|---|
| Total Return | +9.91% |
| CAGR | +9.99% |
| Sharpe | 0.95 |
| Calmar | 1.35 |
| Max DD | -7.42% |
| Volatility | 10.62% |
| Win Rate | 54.6% |
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 balanced, equal-weight portfolio that holds ten broad-market and defensive assets: gold (GLD), commodities (DBC), long-term treasuries (TLT), the S&P 500 (SPY), intermediate treasuries (IEF), international real estate (VNQI), U.S. real estate (VNQ), Japan equities (EWJ), emerging markets (EEM) and European equities (VGK). It rebalances periodically, keeping each asset at 10% of the total, providing diversified exposure across equities, bonds, commodities and international markets.
Current allocation
What the rules select as of Oct 30, 2026.
- DBC10%
Invesco DB Commodity Index Tracking Fund
- EEM10%
iShares MSCI Emerging Markets ETF
- EWJ10%
iShares MSCI Japan ETF
- GLD10%
SPDR Gold Trust, SPDR Gold Shares
- IEF10%
iShares 7-10 Year Treasury Bond ETF
- SPY10%
State Street SPDR S&P 500 ETF Trust
- TLT10%
iShares 20 Year Treasury Bond ETF
- VGK10%
Vanguard FTSE Europe ETF
- VNQ10%
Vanguard Real Estate ETF
- VNQI10%
Vanguard International Equity Index Funds Vanguard Global ex-U.S. Real Estate ETF
Frequently asked questions
What is Exhibit 1 | ADAPTIVE ASSET ALLOCATION?
A balanced, equal-weight portfolio that holds ten broad-market and defensive assets: gold (GLD), commodities (DBC), long-term treasuries (TLT), the S&P 500 (SPY), intermediate treasuries (IEF), international real estate (VNQI), U.S. real estate (VNQ), Japan equities (EWJ), emerging markets (EEM) and European equities (VGK). It rebalances periodically, keeping each asset at 10% of the total, providing diversified exposure across equities, bonds, commodities and international markets.
What is Exhibit 1 | ADAPTIVE ASSET ALLOCATION holding today?
As of Oct 30, 2026, Exhibit 1 | ADAPTIVE ASSET ALLOCATION allocates to DBC 10%, EEM 10%, EWJ 10%, GLD 10%, IEF 10%, SPY 10%, TLT 10%, VGK 10%, VNQ 10%, VNQI 10%.
How has Exhibit 1 | ADAPTIVE ASSET ALLOCATION performed over the past year?
From Oct 30, 2025 to Oct 30, 2026, Exhibit 1 | ADAPTIVE ASSET ALLOCATION returned +10% in a hypothetical backtest. Past performance does not guarantee future results.
What is the maximum drawdown of Exhibit 1 | ADAPTIVE ASSET ALLOCATION?
From Oct 30, 2025 to Oct 30, 2026, the largest peak-to-trough decline of Exhibit 1 | ADAPTIVE ASSET ALLOCATION in a hypothetical backtest was -7.4%.
How do I use Exhibit 1 | ADAPTIVE ASSET ALLOCATION?
Open Exhibit 1 | ADAPTIVE ASSET ALLOCATION 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.