Nasdaq × Gold Rotation
An algorithmic strategy that has beaten the Nasdaq across four decades of backtesting, rotating between leveraged Nasdaq‑100 and Gold and scaling its exposure to market volatility.
Copy this strategy on eToro →Growth of $100
What $100 would have become. The dashed line marks the live-trading start.
Monthly returns (%)
Plain rows are the backtested model; LIVE rows are live trading. Live won't match the model exactly: real costs, execution timing, and a gradual start.
How it works
The strategy rotates between a leveraged Nasdaq-100 ETP and leveraged Gold, following simple, fixed rules. Signals are computed daily after the US close and executed automatically the next day, with no discretion.
Trend following
Volatility scaling
Protective stop
The exact parameters are the result of years of research and walk-forward validation, and are kept private.
Important disclaimers
Backtest vs live. Left of the dashed line, the curve is a simulation on historical index data with cost assumptions. It is a model, not a track record. Right of the dashed line is live trading, and live results differ from the model and will keep differing.
Leverage risk. This strategy uses leveraged ETPs. They can lose value rapidly, including in sideways markets (volatility decay). The model's worst historical drawdown exceeds -50%. You can lose a substantial part of your investment.
Not investment advice. Past performance does not guarantee future results. Copying any trader involves risk. Do your own research and never invest money you cannot afford to lose.