SPY UVXY Levels
Backtest results
Metrics
1Y · since Oct 2025SPY UVXY Levels | |
|---|---|
| Total Return | +4.21% |
| CAGR | +4.25% |
| Sharpe | 1.41 |
| Calmar | 2.06 |
| Max DD | -2.06% |
| Volatility | 2.99% |
| Win Rate | 73.5% |
Last year of a hypothetical backtest, Oct 30, 2025 to Oct 30, 2026. Create an account to see the full history.
About this strategy
Aggressive yet cautious, the strategy keeps the portfolio in short-term Treasury bills (BIL) until the S&P 500 3x ETF (SPXL) shows extreme overbought conditions on its RSI, at which point it switches to a VIX-hedge (UVXY) to capture volatility spikes. When SPXL's RSI falls below the overbought thresholds, the strategy reverts to the safe, low-risk BIL to protect capital.
Current allocation
What the rules select as of Oct 30, 2026.
- BIL100%
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
Frequently asked questions
What is SPY UVXY Levels?
Aggressive yet cautious, the strategy keeps the portfolio in short-term Treasury bills (BIL) until the S&P 500 3x ETF (SPXL) shows extreme overbought conditions on its RSI, at which point it switches to a VIX-hedge (UVXY) to capture volatility spikes. When SPXL's RSI falls below the overbought thresholds, the strategy reverts to the safe, low-risk BIL to protect capital.
What is SPY UVXY Levels holding today?
As of Oct 30, 2026, SPY UVXY Levels allocates to BIL 100%.
How has SPY UVXY Levels performed over the past year?
From Oct 30, 2025 to Oct 30, 2026, SPY UVXY Levels returned +4.3% in a hypothetical backtest. Past performance does not guarantee future results.
What is the maximum drawdown of SPY UVXY Levels?
From Oct 30, 2025 to Oct 30, 2026, the largest peak-to-trough decline of SPY UVXY Levels in a hypothetical backtest was -2.1%.
How do I use SPY UVXY Levels?
Open SPY UVXY Levels 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.