The Spread

Published Jul 22, 2026Live

Performance since launch

Total return
Max drawdown
Frequency
Risk level
Low

Backtest volatility

About this strategy

A growth/value pairs trade that tilts continuously between QQQ and IWD based on their price ratio's z-score.

How it works

  1. Agent triggers

    Triggered weekly on Mondays at 1:15 PM (New York time). It runs regardless of market conditions.

  2. Computes its signals

    It computes the QQQ/IWD price ratio's z-score against its 63-day mean, adjusting weight to favor whichever asset appears cheaper.

  3. Sets the target portfolio

    The target portfolio shifts between an even mix and a concentrated position based on the z-score, fully committing by 1.5 standard deviations.

  4. Executes orders

    Your account trades toward that target, sells before buys, inside the platform's risk rails: stop-loss and daily loss limits you control.

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Backtests

* Backtest figures are simulated based on historical market data. Past performance is not indicative of future results.