For educational purposes only. Nothing on this site constitutes investment advice. Disclaimers
LETF Stack - 3x
3x S&P 500 leveraged core, advanced, paired with long-duration Treasuries, managed futures trend-following, and gold for cross-regime balance.
How to read sleeves and model portfolios →
| Ticker | Weight | Beta | Notes |
|---|---|---|---|
| UPRO | 40% | 3 | 3x daily S&P 500 — the high-conviction leveraged equity core. |
| ZROZ | 20% | -0.35 | 25+ year zero-coupon Treasuries — long-duration counterweight that spikes in drawdowns and deflation. |
| DBMF | 20% | 0.05 | iMGP managed futures — trend-following CTA that tends flat-to-positive in sustained equity drawdowns. |
| GLD | 20% | 0.05 | SPDR Gold Shares — inflation and real-asset hedge with near-zero equity correlation. |
Weighted portfolio beta (approx.): 1.15
Copy portfolio to builder →Total return (vs SPY)
Range
+37.51%
Portfolio
+25.67%
SPY (benchmark)
+11.84%
Excess α vs SPY
-13.90%
Max drawdown
-8.88%
SPY max DD
1.72
Sharpe
Excess return above the 4.5% risk-free rate divided by annualised volatility.
Above 1.0 is good; above 2.0 is excellent.
SPY typically scores around 0.5–0.8.2.46
Sortino
Excess return above the 4.5% risk-free rate divided by annualised downside deviation (penalises losses only).
Above 1.5 is good; above 3.0 is excellent.PortfolioSPY
Portfolio score: B
Alpha score: A
Max DD score: D
Beta score: B
Beta: 1.15
Net leverage:
Total: 140.0%
Gross longs: 120.0%
Gross shorts: 0.0%
Gross alpha & alts: 20.0%
Portfolio weights:
UPRO: 40%
ZROZ: 20%
DBMF: 20%
GLD: 20%
Educational model only — not investment advice. Portfolio betas in the holdings table are weighted to the listed names and weights.
DBMF's inception date of 2019-05-08 is limiting the backtest.