LETF Baseline: UPRO / ZROZ / GLD / KMLM at a glance

LETF Baseline: UPRO / ZROZ / GLD / KMLM is a fixed-allocation portfolio by r/LETFs community, rebalanced quarterly. Backtested 1986-06-30 to 2026-07-03 (40.0 years): 13.3% CAGR, 0.76 Sharpe, -57.9% max drawdown, 22.0% volatility.

Type

Fixed Allocation

Author

r/LETFs community

Rebalancing

Quarterly

Risk

Aggressive

Period

1986-06-30 to 2026-07-03

CAGR

13.3%

Sharpe

0.76

Max Drawdown

-57.9%

Volatility

22.0%

LETF Baseline: UPRO / ZROZ / GLD / KMLM: frequently asked questions

What is LETF Baseline: UPRO / ZROZ / GLD / KMLM?

A popular 3x leveraged static portfolio with a managed-futures sleeve: 40% UPRO (3x S&P 500), 20% ZROZ (extended-duration Treasuries), 20% GLD (gold), 20% KMLM (managed futures). Leveraged history uses BestFolio's calibrated synthetic-leverage cost model, so the backtest is intentionally a few points below testfol.io. A static, quarterly-rebalanced baseline, not a tactical strategy.

Who created the LETF Baseline: UPRO / ZROZ / GLD / KMLM strategy?

LETF Baseline: UPRO / ZROZ / GLD / KMLM was developed by r/LETFs community.

What is the historical return and maximum drawdown of LETF Baseline: UPRO / ZROZ / GLD / KMLM?

Backtested from 1986-06-30 to 2026-07-03, LETF Baseline: UPRO / ZROZ / GLD / KMLM returned 13.3% CAGR with a -57.9% maximum drawdown and a Sharpe ratio of 0.76. Past performance does not guarantee future results.

How often is LETF Baseline: UPRO / ZROZ / GLD / KMLM rebalanced?

LETF Baseline: UPRO / ZROZ / GLD / KMLM is rebalanced quarterly. BestFolio publishes the updated allocation signal each period.

Is LETF Baseline: UPRO / ZROZ / GLD / KMLM a fixed or tactical strategy?

LETF Baseline: UPRO / ZROZ / GLD / KMLM is a fixed-allocation (strategic) portfolio: it holds a set allocation and rebalances on schedule rather than rotating based on market signals.