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Split-Lookback Momentum Pair at a glance

Split-Lookback Momentum Pair is a tactical asset allocation (TAA) strategy by BestFolio Research across US Equity, International Developed, International Small Cap, Gold, rebalanced monthly. Backtested 1986-02-28 to 2026-07-03 (40.3 years): 12.0% CAGR, 0.89 Sharpe, -28.6% max drawdown, 13.9% volatility.

Type
Tactical (TAA)
Author
BestFolio Research
Rebalancing
Monthly
Risk
Moderate
Period
1986-02-28 to 2026-07-03
CAGR
12.0%
Sharpe
0.89
Max Drawdown
-28.6%
Volatility
13.9%

Split-Lookback Momentum Pair Tactical Asset Allocation Strategy

Split-lookback momentum pair: two independent 50% sub-portfolios using different momentum lookbacks. The long-lookback sleeve picks the single best asset by 12-month return; the short-lookback sleeve picks the single best by an averaged 1/3/6-month return. Both apply an absolute-momentum filter vs BIL, shifting to cash when the selected asset underperforms the cash benchmark.

Split-Lookback Momentum Pair: frequently asked questions

What is Split-Lookback Momentum Pair?
Two independent 50% sub-portfolios using different momentum lookbacks: one based on 12-month momentum, one on short-term (1/3/6-month average). Each picks a single winner from 6 assets spanning equities, gold, TIPS, and cash. Monthly rebalance.
Who created the Split-Lookback Momentum Pair strategy?
Split-Lookback Momentum Pair was developed by BestFolio Research.
What is the historical return and maximum drawdown of Split-Lookback Momentum Pair?
Backtested from 1986-02-28 to 2026-07-03, Split-Lookback Momentum Pair returned 12.0% CAGR with a -28.6% maximum drawdown and a Sharpe ratio of 0.89. Past performance does not guarantee future results.
How often is Split-Lookback Momentum Pair rebalanced?
Split-Lookback Momentum Pair is rebalanced monthly. BestFolio publishes the updated allocation signal each period.
Is Split-Lookback Momentum Pair a tactical asset allocation strategy?
Yes. Split-Lookback Momentum Pair is a tactical asset allocation (TAA) strategy: it adjusts its holdings based on market signals each period rather than holding a fixed allocation.

Backtest Performance (1986-02-28 to 2026-07-03)

MetricSplit-Lookback Momentum Pair
Compound Annual Growth Rate (CAGR)12.0%
Maximum Drawdown-28.6%
Sharpe Ratio0.89
Sortino Ratio1.38
Annualized Volatility13.9%
Calmar Ratio0.42
Total Return9486.8%
Backtest Period40.3 years

Strategy Details

Type
Tactical (TAA)
Rebalancing
monthly
Risk Level
moderate
Variants
1
Author
BestFolio Research

Asset Classes

  • US Equity
  • International Developed
  • International Small Cap
  • Gold
  • TIPS
  • Long Treasuries
  • Cash

Categories

Further reading

New to this approach? Read what tactical asset allocation is and how it works.

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