Model Portfolio

2026-09-03 — See the Silk.
PAPER

Equal-weight QQQ + GLD + BTC

Rebalanced every 20 trading days. Model buy and hold portfolio. See design doc.

go-live 2026-09-032018-01-022026-09-03
Backtest — in-sample, through 2026-09-02Live / paper — out-of-sample, from 2026-09-03SPY buy-and-hold (reference)
NAV$10,000.00
Since inception+0.00%
Since last rebalance+0.00%
CAGR (live)
Max DD (live)
Sharpe (live)
Days since rebalance0 / 20

Legs

SymbolBrokerQtyPriceValueTargetActualDrift
QQQalpaca4.6465$717.39$3,333.3533.33%33.33%+0.0pp
GLDalpaca8.0843$412.32$3,333.3233.33%33.33%-0.0pp
BTC-USDcoinbase0.0412$80,935.51$3,333.3333.33%33.33%-0.0pp

Backtest reference (the prior)

Equal-weight SPX+Gold+BTC, monthly rebal, 2018–2025: CAGR 23.68%, Sharpe 0.97, max drawdown -41.10%. Research doc →

SPY buy-and-hold, same window (2018-01-01 – 2026-09-02): CAGR 14.57%, Sharpe 0.81, max drawdown -33.72%. The plain baseline every allocation call — equal-weight or otherwise — has to beat.