Tactfolio Core and Momentum

A monthly rules-based allocation strategy by @tactfolio using SPY, IEF, BIL, QQQ, and 3 more.

A balanced portfolio from the Tactfolio Research Lab. 70% is a fixed core: 42% S&P 500 and 28% intermediate Treasuries. The other 30% follows momentum: at each month end it holds whichever of US stocks, the Nasdaq 100, developed markets, emerging markets and gold rose most over the last six months, or Treasury bills if even that one fell. We designed it on 2008 to 2018 and tested it unchanged on 2019 onward. Its live record starts on the date of version 1.

Version 1, published November 3, 2026. 0 stars, 0 copies.

Rules

Weight: Specified
- SPY
- IEF
- Rank: Top 1 · 6-month return (month-end)
  - Candidate: SPY
    - Weight: Equal
      - If: 6-month return (month-end) of SPY is above 0
        Then:
        Weight: Equal
        SPY
        Otherwise:
        Weight: Equal
        BIL
  - Candidate: QQQ
    - Weight: Equal
      - If: 6-month return (month-end) of QQQ is above 0
        Then:
        Weight: Equal
        QQQ
        Otherwise:
        Weight: Equal
        BIL
  - Candidate: EFA
    - Weight: Equal
      - If: 6-month return (month-end) of EFA is above 0
        Then:
        Weight: Equal
        EFA
        Otherwise:
        Weight: Equal
        BIL
  - Candidate: EEM
    - Weight: Equal
      - If: 6-month return (month-end) of EEM is above 0
        Then:
        Weight: Equal
        EEM
        Otherwise:
        Weight: Equal
        BIL
  - Candidate: GLD
    - Weight: Equal
      - If: 6-month return (month-end) of GLD is above 0
        Then:
        Weight: Equal
        GLD
        Otherwise:
        Weight: Equal
        BIL

Backtest results are hypothetical and not investment advice.