The Trend Rider — Mandate History
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For informational and educational purposes only — not investment advice.
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Revision 1
Approved
Effective Jul 15, 2026
– present
Universe: 10 SPDR sector ETFs (XLK, XLF, XLE, XLV, XLY, XLP, XLI, XLB, XLU, XLRE) plus a cash/short-term Treasury filter (BIL). On the first trading day of each month, rank all 11 instruments by blended 3/6/12-month trailing total return. Hold the top 3 ranked instruments, equally weighted; any sector ETF that ranks below BIL is replaced by BIL for that month.