V1a Melkor's Folly
Backtest results
Metrics
1Y · since Oct 2025V1a Melkor's Folly | |
|---|---|
| Total Return | -11.83% |
| CAGR | -11.92% |
| Sharpe | -0.13 |
| Calmar | -0.27 |
| Max DD | -43.41% |
| Volatility | 39.45% |
| Win Rate | 49.8% |
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 risk-on leveraged tech funds such as leveraged Nasdaq (TQQQ) and semiconductor (SOXL) when market momentum is strong. It switches to defensive assets like short-term bonds (BSV) or the dollar (UUP) when short-term RSI signals oversold or when cumulative returns fall, protecting against drawdowns.
Current allocation
What the rules select as of Oct 30, 2026.
- EPI50%
WisdomTree India Earnings Fund ETF
- TECL10%
Direxion Daily Technology Bull 3x ETF
- BTAL7.1%
AGF U.S. Market Neutral Anti-Beta Fund
- CTA7.1%
Simplify Managed Futures Strategy ETF
- DBMF7.1%
iMGP DBi Managed Futures Strategy ETF
- SARK7.1%
Investment Managers Series Trust II Tradr 1X Short Innovation Daily ETF
- TMF4.2%
Direxion Daily 20+ Year Treasury Bull 3X ETF
- TYD3.7%
Direxion Daily 7-10 Year Treasury Bull 3X ETF
- SCHD1%
Schwab US Dividend Equity ETF
- CURE0.4%
Direxion Daily Healthcare Bull 3X ETF
- UTSL0.4%
Direxion Daily Utilities Bull 3X ETF
- BIL0.3%
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
- SHY0.3%
iShares 1-3 Year Treasury Bond ETF
- KOLD0.2%
ProShares UltraShort Bloomberg Natural Gas
- PSQ0.2%
ProShares Short QQQ
- USO0.2%
United States Oil Fund, LP
- UUP0.2%
Invesco DB US Dollar Index Bullish Fund
- XLP0.2%
State Street Consumer Staples Select Sector SPDR ETF
Frequently asked questions
What is V1a Melkor's Folly?
Dynamic and defensive, the strategy mainly holds risk-on leveraged tech funds such as leveraged Nasdaq (TQQQ) and semiconductor (SOXL) when market momentum is strong. It switches to defensive assets like short-term bonds (BSV) or the dollar (UUP) when short-term RSI signals oversold or when cumulative returns fall, protecting against drawdowns.
What is V1a Melkor's Folly holding today?
As of Oct 30, 2026, V1a Melkor's Folly allocates to EPI 50%, TECL 10%, BTAL 7.1%, CTA 7.1%, DBMF 7.1%, SARK 7.1%, TMF 4.2%, TYD 3.7%, SCHD 1%, CURE 0.4%, UTSL 0.4%, BIL 0.3%, SHY 0.3%, KOLD 0.2%, PSQ 0.2%, USO 0.2%, UUP 0.2%, XLP 0.2%.
How has V1a Melkor's Folly performed over the past year?
From Oct 30, 2025 to Oct 30, 2026, V1a Melkor's Folly returned -14.8% in a hypothetical backtest. Past performance does not guarantee future results.
What is the maximum drawdown of V1a Melkor's Folly?
From Oct 30, 2025 to Oct 30, 2026, the largest peak-to-trough decline of V1a Melkor's Folly in a hypothetical backtest was -43.4%.
How do I use V1a Melkor's Folly?
Open V1a Melkor's Folly 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.