Leader Rotation
Jan 2024 – Jul 2026 · OOS from Jan 1, 2026
Objective
Capture structural alpha across ex-US developed markets. Instead of buying a passive international index dragged down by stagnant economies, the strategy exploits regional and factor fragmentation—systematically concentrating capital into high-performing leaders while gradually exiting laggards.
87.1%Total return (2.5 yr)
28.5%CAGR (2.5 yr)
6.7%Max drawdownVEA 13.4% · SPY 18.5%
1.92Sharpe ratioSPY 1.24 · VEA 1.26
3.85Sortino ratioSPY 2.39 · VEA 2.00
MonthlyTrading frequency
Jan 1, 2026OOS start
$16KMin. capitalCovers $100/mo fees using 7.7% excess CAGR over VEA (28.5% vs 20.8%), both annualized over the same 2.5-year backtest (Jan 2024 – Jul 2026). Based on backtest; not a guarantee.
Apply for membership · $100/mo
Past performance is not indicative of future results.
Style
Momentum rotation
Cadence
Monthly
How it works
A systematic momentum model designed to exploit the wide performance dispersion across international developed markets, concentrating capital into relative-strength leaders on a fixed monthly calendar.
Risk character
Concentrated equity-market risk. Because the strategy deliberately isolates high-momentum international regions and factors, returns and drawdowns will diverge meaningfully from broad, capitalization-weighted benchmarks. This tracking error is a feature, allowing the portfolio to aggressively decouple from underperforming global sectors.
Asset classes
- Ex-US Developed Market Equity ETFs: Targeted exposure across specific countries, regions, and factor styles (e.g., Value, Quality).
- Cash: Defensive rotation into cash when global market-wide momentum deteriorates.
Benchmarks
- Developed Markets (VEA): Our primary baseline. The strategy aims to drastically outperform this broad international index by replacing passive allocation with concentrated absolute momentum.
- S&P 500 (SPY): Included to demonstrate true structural diversification and regime decoupling from US-dominated equity markets.
Apply for membership · $100/mo
Past performance is not indicative of future results.
Performance
Strategy versus benchmarks, scaled to initial capital at period start. OOS from Jan 1, 2026 (dashed line).
Drawdowns
Peak-to-trough decline from each series' equity curve.
Apply for membership · $100/mo
Past performance is not indicative of future results.