V1e Melkor's Folly
Backtest results
Metrics
1Y · since Oct 2025V1e Melkor's Folly | |
|---|---|
| Total Return | -7.48% |
| CAGR | -7.54% |
| Sharpe | -0.10 |
| Calmar | -0.22 |
| Max DD | -35.06% |
| Volatility | 30.82% |
| Win Rate | 45.0% |
Last year of a hypothetical backtest, Oct 30, 2025 to Oct 30, 2026. Create an account to see the full history.
About this strategy
Dynamic and defensive, the strategy mainly holds a risk-on mix of leveraged tech and innovation funds such as TARK (2X Long Innovation) and SARK (1X Short Innovation) when market sentiment is bullish. It switches to defensive assets - BIL (short-term Treasury), UUP (U.S. dollar) or TMF (long-term Treasury) when risk indicators rise, protecting the portfolio from sharp drawdowns.
Current allocation
What the rules select as of Oct 30, 2026.
- EPI32.5%
WisdomTree India Earnings Fund ETF
- SARK16.7%
Investment Managers Series Trust II Tradr 1X Short Innovation Daily ETF
- TECL14%
Direxion Daily Technology Bull 3x ETF
- KOLD7.7%
ProShares UltraShort Bloomberg Natural Gas
- BTAL5.6%
AGF U.S. Market Neutral Anti-Beta Fund
- CTA5.6%
Simplify Managed Futures Strategy ETF
- DBMF5.6%
iMGP DBi Managed Futures Strategy ETF
- TMF3.3%
Direxion Daily 20+ Year Treasury Bull 3X ETF
- TYD2.9%
Direxion Daily 7-10 Year Treasury Bull 3X ETF
- AAPL1.9%
Apple Inc. Common Stock
- AMGN1.9%
Amgen Inc. Common Stock
- SCHD0.8%
Schwab US Dividend Equity ETF
- CURE0.3%
Direxion Daily Healthcare Bull 3X ETF
- UTSL0.3%
Direxion Daily Utilities Bull 3X ETF
- BIL0.2%
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
- PSQ0.2%
ProShares Short QQQ
- SHY0.2%
iShares 1-3 Year Treasury Bond ETF
- 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 V1e Melkor's Folly?
Dynamic and defensive, the strategy mainly holds a risk-on mix of leveraged tech and innovation funds such as TARK (2X Long Innovation) and SARK (1X Short Innovation) when market sentiment is bullish. It switches to defensive assets - BIL (short-term Treasury), UUP (U.S. dollar) or TMF (long-term Treasury) when risk indicators rise, protecting the portfolio from sharp drawdowns.
What is V1e Melkor's Folly holding today?
As of Oct 30, 2026, V1e Melkor's Folly allocates to EPI 32.5%, SARK 16.7%, TECL 14%, KOLD 7.7%, BTAL 5.6%, CTA 5.6%, DBMF 5.6%, TMF 3.3%, TYD 2.9%, AAPL 1.9%, AMGN 1.9%, SCHD 0.8%, CURE 0.3%, UTSL 0.3%, BIL 0.2%, PSQ 0.2%, SHY 0.2%, USO 0.2%, UUP 0.2%, XLP 0.2%.
How has V1e Melkor's Folly performed over the past year?
From Oct 30, 2025 to Oct 30, 2026, V1e Melkor's Folly returned -9.5% in a hypothetical backtest. Past performance does not guarantee future results.
What is the maximum drawdown of V1e Melkor's Folly?
From Oct 30, 2025 to Oct 30, 2026, the largest peak-to-trough decline of V1e Melkor's Folly in a hypothetical backtest was -35.1%.
How do I use V1e Melkor's Folly?
Open V1e 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.