Volatility Adjusted Momentum Signal

VAMS Signal Chartdeck

Institutional signal review across the Bull-Bear deck universe, using the original volume-confirmed VAMS rule: week-over-week flips, signal persistence, buy/sell regime shading, and backtested capture behavior.

As OfJuly 25, 2026
ETF Universe41
Current Buy Rate44%
New Buys / Sells11 / 4week over week

Executive Summary

Current signal posture, weekly flips, and the highest-value capture reads.

Executive Read

The VAMS tape is 44% Buy across the ETF universe with an average current score of 0.03. Week over week, 11 ETFs flipped to Buy and 4 flipped to Sell.

The model is intentionally binary: Buy means the volatility-adjusted momentum impulse has crossed the positive trigger and remains active until a negative trigger appears. Sell means risk is withheld until the next positive trigger.

Fresh Buys

XLI, XLB, XLU, XLV, XHB, DAX, ARGT, GLD, GDX, SIL, CPER

Fresh Sells

XLP, KRE, KWEB, SHY

Best Capture Spread

SLV, GDX, GLD, XLE, KWEB

Best 52W Drawdown Defense

SHY, HYG, LQD, VO, XLB

Strong Active Buys

XLU, CL=F, XLI, XLE, XLB, GDX, XLV, SIL

Weak Active Sells

XLC, XLY, LQD, HYG, KWEB, TLT, INDA, SHY

Metric Glossary

Basic calculations behind the institutional diagnostics used in the highlights and backtest tables.

VAMS

A proprietary volatility-adjusted momentum framework used to identify improving or deteriorating asset trends.

Volume Confirmation

A proprietary participation filter used to confirm signal changes.

Buy / Sell Signal

Persistent model state. Neutral conditions retain the prior signal until a confirmed change occurs.

Signal Strength

Cross-sectional 1-10 score based on absolute current VAMS magnitude.

Strategy Return

ETF daily return when prior-day signal is Buy; 0% return when prior-day signal is Sell.

Sharpe Ratio

Annualized strategy return divided by annualized strategy volatility.

Sortino Ratio

Annualized strategy return divided by annualized downside volatility.

Calmar Ratio

Annualized strategy return divided by absolute max drawdown.

Pain Ratio

Annualized strategy return divided by average drawdown depth while underwater.

Ulcer Index

Root mean square of strategy drawdowns; penalizes deep and persistent drawdowns.

Gain To Pain

Sum of positive strategy returns divided by absolute sum of negative strategy returns.

Upside Capture

Strategy return on ETF up days divided by ETF return on ETF up days.

Downside Capture

Strategy return on ETF down days divided by ETF return on ETF down days; lower is better.

Capture Spread

Upside capture minus downside capture.

Signal Drawdown 52W

Max drawdown of the VAMS strategy equity curve over the trailing 252 trading days.

ETF Drawdown 52W

Max drawdown of buy-and-hold ETF equity curve over the trailing 252 trading days.

Drawdown Saved 52W

ETF Drawdown 52W minus Signal Drawdown 52W. Positive means VAMS reduced trailing drawdown.

Worst Decile Defense

1 minus strategy loss / ETF loss on the ETF's worst 10% daily-return observations.

Best Decile Participation

Strategy gain / ETF gain on the ETF's best 10% daily-return observations.

ETF Ann Return While Buy

Annualized ETF return observed during periods classified as VAMS Buy.

ETF Ann Return While Sell

Annualized ETF return observed during periods classified as VAMS Sell. Negative values mean the ETF tended to fall while the model was risk-off.

Buy Minus Sell Return Spread

ETF Ann Return While Buy minus ETF Ann Return While Sell. A large positive spread means the signal separated favorable and unfavorable return regimes.

Exposure

Percent of days the model is in Buy state.

Trades / Year

Signal state changes per year.

Return Per Trade

Annualized strategy return divided by trades per year.

Avg Buy / Sell Hold Days

Average number of calendar observations spent in each signal state per episode.

Whipsaw Rate

Share of signal flips that reverse again within 21 calendar days.

Overall Strategy Profile

Cross-asset median statistics and rolling model hit-rate across the Bull-Bear universe.

Median Strategy Ann Return23.4%
Median Buy/Hold Ann Return5.2%
Median Excess Ann Return17.4%
Median Strategy Sharpe2.24
Median Strategy Sortino2.22
Median Calmar Ratio2.43
Median Strategy Max DD-10.3%
Median ETF Buy/Hold Max DD-44.8%
Median 52W DD Saved-9.5%
Median Upside Capture53%
Median Downside Capture31%
Median Capture Spread22%
Median Worst-Decile Defense76%
Median Regime Return Spread70.7%
Median Exposure47%
Median Trades / Year16.27
Median Whipsaw Rate76%

Executive Highlights

Best and worst signals, improving and deteriorating names, Sharpe extremes, and 52-week drawdown defense.

Executive highlight rankings use trailing 3-year signal performance so leadership, fragility, capture, and risk-adjusted quality can change as the current regime evolves. The drawdown-defense blocks use the trailing 52-week signal drawdown versus ETF drawdown. Full-history diagnostics remain in the detailed backtest tables.

Best Current Signals

TickerNameCurrent SignalCurrent VAMSVAMS 5D ChangeSignal StrengthSignal Since1M Return3M Return
XLUUtilitiesBuy0.670.828.062026-07-251.2%2.1%
CL=FOilBuy0.560.236.842026-07-0830.0%-7.5%
XLIIndustrialsBuy0.510.736.322026-07-23-0.7%6.3%
XLEEnergyBuy0.490.076.092026-07-0712.0%0.2%
XLBMaterialsBuy0.480.665.982026-07-24-1.4%1.9%
GDXGold MinersBuy0.480.815.972026-07-21-4.1%-11.5%
XLVHealthcareBuy0.400.275.172026-07-25-0.7%8.5%
SILSilver MinersBuy0.400.735.132026-07-21-5.9%-14.4%
XLREReal EstateBuy0.340.014.572026-07-252.8%3.1%
XHBHomebuildersBuy0.280.603.902026-07-25-3.7%8.4%
SLVSilverSell0.270.463.852026-07-08-4.4%-23.1%
VOMidcapsSell0.250.463.632026-07-170.0%3.2%

Worst Current Signals

TickerNameCurrent SignalCurrent VAMSVAMS 5D ChangeSignal StrengthSignal Since1M Return3M Return
XLCCommunicationsSell-0.86-0.3410.002026-07-17-3.0%-7.9%
XLYConsumer DiscretionarySell-0.77-0.399.092026-07-08-6.6%-8.2%
LQDInvestment Grade Corporate BondsSell-0.64-0.347.672026-06-30-2.2%-2.0%
HYGHigh Yield Corporate BondsSell-0.58-0.437.092026-06-17-0.6%-0.9%
KWEBChina TechSell-0.56-0.796.892026-07-245.2%-2.3%
TLT20+ Year Treasury BondsSell-0.35-0.154.592026-07-20-2.6%-1.7%
INDAIndiaSell-0.30-0.194.092026-07-15-3.1%-0.8%
SHY1-3 Year Treasury NotesSell-0.27-0.173.752026-07-23-0.1%-0.3%
QQQNasdaq 100Sell-0.230.203.362026-06-23-4.0%-4.6%
XLPConsumer StaplesSell-0.18-0.532.852026-07-23-1.0%-0.8%
BTC-USDBitcoinBuy-0.14-0.222.392026-07-021.9%-16.1%
ETH-USDEthereumBuy-0.11-0.072.152026-07-025.2%-11.6%

Fastest Improving

TickerNameCurrent SignalCurrent VAMSVAMS 5D ChangeSignal StrengthSignal Since1M Return3M Return
XLUUtilitiesBuy0.670.828.062026-07-251.2%2.1%
GDXGold MinersBuy0.480.815.972026-07-21-4.1%-11.5%
SILSilver MinersBuy0.400.735.132026-07-21-5.9%-14.4%
XLIIndustrialsBuy0.510.736.322026-07-23-0.7%6.3%
EWJJapanSell0.150.702.492026-06-23-2.1%-0.4%
XLBMaterialsBuy0.480.665.982026-07-24-1.4%1.9%
XHBHomebuildersBuy0.280.603.902026-07-25-3.7%8.4%
DIADow JonesSell0.060.561.572026-07-17-1.7%2.5%
EZUEuropeSell0.150.532.552026-07-20-1.9%-0.1%
ACWXWorld Ex. U.S.Sell0.100.511.952026-06-23-1.5%-1.3%
DAXGermanyBuy0.180.482.892026-07-22-2.6%-2.8%
SLVSilverSell0.270.463.852026-07-08-4.4%-23.1%

Fastest Deteriorating

TickerNameCurrent SignalCurrent VAMSVAMS 5D ChangeSignal StrengthSignal Since1M Return3M Return
KWEBChina TechSell-0.56-0.796.892026-07-245.2%-2.3%
XLPConsumer StaplesSell-0.18-0.532.852026-07-23-1.0%-0.8%
IAKInsuranceSell0.20-0.503.062026-07-090.6%10.5%
HYGHigh Yield Corporate BondsSell-0.58-0.437.092026-06-17-0.6%-0.9%
XLYConsumer DiscretionarySell-0.77-0.399.092026-07-08-6.6%-8.2%
XLCCommunicationsSell-0.86-0.3410.002026-07-17-3.0%-7.9%
LQDInvestment Grade Corporate BondsSell-0.64-0.347.672026-06-30-2.2%-2.0%
BTC-USDBitcoinBuy-0.14-0.222.392026-07-021.9%-16.1%
INDAIndiaSell-0.30-0.194.092026-07-15-3.1%-0.8%
SHY1-3 Year Treasury NotesSell-0.27-0.173.752026-07-23-0.1%-0.3%
TLT20+ Year Treasury BondsSell-0.35-0.154.592026-07-20-2.6%-1.7%
KRERegional BanksSell-0.04-0.081.352026-07-210.9%9.2%

Highest Sharpe

TickerNameCurrent SignalStrategy SharpeCalmar RatioStrategy Max DDSignal Drawdown 52WETF Drawdown 52WDrawdown Saved 52W
GDXGold MinersBuy5.1113.22-8.6%-8.6%-38.9%-30.3%
SILSilver MinersBuy3.796.87-14.2%-14.2%-39.5%-25.3%
SLVSilverSell3.546.66-13.3%-13.3%-52.3%-39.0%
XLEEnergyBuy3.346.40-6.5%-6.1%-15.6%-9.5%
SMHSemiconductorsSell3.3010.71-5.0%-4.6%-16.8%-12.2%
XLKTechnologySell3.047.62-5.4%-3.8%-14.6%-10.8%
EWZBrazilBuy3.005.45-6.9%-6.9%-19.3%-12.4%
XHBHomebuildersBuy2.929.50-5.0%-5.0%-21.8%-16.8%
QQQNasdaq 100Sell2.887.48-4.3%-2.1%-11.8%-9.7%
XLIIndustrialsBuy2.855.41-5.4%-3.7%-12.5%-8.7%
ACWXWorld Ex. U.S.Sell2.755.74-4.7%-4.7%-11.4%-6.7%
XLFFinancialsBuy2.757.90-3.4%-2.6%-15.2%-12.7%

Lowest Sharpe

TickerNameCurrent SignalStrategy SharpeCalmar RatioStrategy Max DDSignal Drawdown 52WETF Drawdown 52WDrawdown Saved 52W
EZUEuropeSell1.723.51-4.3%-3.4%-13.1%-9.6%
BTC-USDBitcoinBuy1.732.59-15.9%-15.1%-39.6%-24.5%
INDAIndiaSell1.772.58-5.2%-5.2%-17.2%-12.0%
XLVHealthcareBuy1.783.87-4.2%-2.5%-10.8%-8.3%
TLT20+ Year Treasury BondsSell1.813.31-3.5%-2.2%-8.6%-6.4%
SHY1-3 Year Treasury NotesSell1.842.84-0.6%-0.6%-1.7%-1.1%
XLPConsumer StaplesSell1.874.97-2.7%-2.7%-9.9%-7.3%
VOMidcapsSell1.982.95-6.2%-3.7%-8.5%-4.8%
DAXGermanyBuy2.073.35-6.2%-6.2%-14.8%-8.6%
HYGHigh Yield Corporate BondsSell2.113.62-1.4%-1.4%-3.0%-1.7%
LQDInvestment Grade Corporate BondsSell2.134.56-1.6%-1.6%-5.2%-3.6%
XLYConsumer DiscretionarySell2.135.67-4.3%-2.8%-15.1%-12.3%

Best Trailing 52W Drawdown Defense

TickerNameCurrent SignalStrategy SharpeCalmar RatioStrategy Max DDSignal Drawdown 52WETF Drawdown 52WDrawdown Saved 52W
SHY1-3 Year Treasury NotesSell1.842.84-0.6%-0.6%-1.7%-1.1%
HYGHigh Yield Corporate BondsSell2.113.62-1.4%-1.4%-3.0%-1.7%
LQDInvestment Grade Corporate BondsSell2.134.56-1.6%-1.6%-5.2%-3.6%
VOMidcapsSell1.982.95-6.2%-3.7%-8.5%-4.8%
XLBMaterialsBuy2.343.62-6.9%-6.9%-12.4%-5.4%
TLT20+ Year Treasury BondsSell1.813.31-3.5%-2.2%-8.6%-6.4%
XLUUtilitiesBuy2.536.28-3.3%-3.0%-9.7%-6.7%
ACWXWorld Ex. U.S.Sell2.755.74-4.7%-4.7%-11.4%-6.7%
IAKInsuranceSell2.426.55-3.2%-2.6%-9.5%-6.9%
EEMEmerging MarketsSell2.674.73-6.6%-6.6%-13.5%-6.9%
SPYS&P 500Sell2.234.63-4.4%-2.2%-9.1%-7.0%
XLREReal EstateBuy2.617.72-2.4%-1.9%-8.9%-7.0%

Worst Trailing 52W Drawdown Defense

TickerNameCurrent SignalStrategy SharpeCalmar RatioStrategy Max DDSignal Drawdown 52WETF Drawdown 52WDrawdown Saved 52W
SLVSilverSell3.546.66-13.3%-13.3%-52.3%-39.0%
ETH-USDEthereumBuy2.525.35-17.7%-17.7%-53.4%-35.6%
GDXGold MinersBuy5.1113.22-8.6%-8.6%-38.9%-30.3%
KWEBChina TechSell2.295.61-9.0%-8.0%-38.2%-30.2%
CL=FOilBuy2.635.31-11.9%-11.9%-39.3%-27.4%
SILSilver MinersBuy3.796.87-14.2%-14.2%-39.5%-25.3%
BTC-USDBitcoinBuy1.732.59-15.9%-15.1%-39.6%-24.5%
XHBHomebuildersBuy2.929.50-5.0%-5.0%-21.8%-16.8%
XLFFinancialsBuy2.757.90-3.4%-2.6%-15.2%-12.7%
EWZBrazilBuy3.005.45-6.9%-6.9%-19.3%-12.4%
XLYConsumer DiscretionarySell2.135.67-4.3%-2.8%-15.1%-12.3%
SMHSemiconductorsSell3.3010.71-5.0%-4.6%-16.8%-12.2%

Best Upside / Downside Capture

TickerNameCurrent SignalUpside CaptureDownside CaptureCapture SpreadCalmar RatioExcess Ann Return
GDXGold MinersBuy68.1%30.5%37.5%13.2283.8%
XLEEnergyBuy62.0%28.5%33.4%6.4032.4%
XHBHomebuildersBuy60.2%27.5%32.7%9.5045.5%
KWEBChina TechSell67.3%36.7%30.6%5.6151.6%
SLVSilverSell66.4%36.5%29.9%6.6663.1%
XLCCommunicationsSell57.6%28.1%29.5%5.7917.9%
KRERegional BanksSell63.7%34.6%29.1%5.5929.9%
XLFFinancialsBuy60.9%32.3%28.7%7.9016.0%
CL=FOilBuy55.8%27.2%28.6%5.3160.3%
SILSilver MinersBuy64.6%36.2%28.3%6.8763.5%
QQQNasdaq 100Sell47.2%19.1%28.1%7.4819.2%
XLIIndustrialsBuy59.2%31.4%27.9%5.4115.0%

Weakest Upside / Downside Capture

TickerNameCurrent SignalUpside CaptureDownside CaptureCapture SpreadCalmar RatioExcess Ann Return
EZUEuropeSell45.4%32.1%13.3%3.513.6%
BTC-USDBitcoinBuy47.2%31.4%15.8%2.5940.2%
DAXGermanyBuy55.1%37.2%18.0%3.359.3%
GLDGoldBuy64.1%45.4%18.7%2.1510.8%
XLPConsumer StaplesSell53.7%34.0%19.7%4.9710.2%
VOMidcapsSell61.2%41.4%19.9%2.958.2%
XLVHealthcareBuy60.3%39.9%20.4%3.8712.6%
IAKInsuranceSell49.8%28.1%21.7%6.5511.8%
SMHSemiconductorsSell44.2%22.4%21.8%10.7124.6%
XLYConsumer DiscretionarySell45.9%23.8%22.1%5.6718.2%
XLUUtilitiesBuy54.3%32.1%22.2%6.2810.2%
XLREReal EstateBuy45.9%23.2%22.6%7.7212.1%

Best Downside-Adjusted Quality

TickerNameCurrent SignalStrategy SortinoPain RatioGain To PainWorst Decile DefenseBest Decile ParticipationBuy Minus Sell Return Spread
GDXGold MinersBuy6.1342.572.7178.7%70.6%252.1%
ETH-USDEthereumBuy3.8814.851.6882.0%64.2%301.6%
SILSilver MinersBuy3.7824.082.1772.6%67.2%213.2%
XHBHomebuildersBuy3.7725.012.2978.9%69.9%156.1%
KRERegional BanksSell3.5720.752.1774.0%71.1%118.5%
XLFFinancialsBuy3.5323.922.2575.0%64.6%75.3%
XLIIndustrialsBuy3.4324.222.3273.1%59.9%79.5%
SLVSilverSell3.4029.052.1872.0%74.1%207.2%
EWZBrazilBuy3.3617.182.1881.2%59.3%114.9%
ARGTArgentinaBuy3.2915.462.0473.1%61.8%127.8%
SMHSemiconductorsSell3.2823.962.4185.3%41.9%126.6%
XLKTechnologySell3.1926.742.5987.4%51.5%114.2%

Weakest Downside-Adjusted Quality

TickerNameCurrent SignalStrategy SortinoPain RatioGain To PainWorst Decile DefenseBest Decile ParticipationBuy Minus Sell Return Spread
SHY1-3 Year Treasury NotesSell1.608.921.7577.6%54.8%6.6%
GLDGoldBuy1.616.641.7759.7%61.9%67.6%
HYGHigh Yield Corporate BondsSell1.8813.941.9279.2%50.3%17.8%
TLT20+ Year Treasury BondsSell1.8910.901.6975.6%58.7%50.5%
BTC-USDBitcoinBuy1.928.171.5676.4%52.6%132.9%
XLPConsumer StaplesSell1.9213.851.6970.9%58.7%44.7%
EZUEuropeSell1.968.021.6779.6%46.4%36.6%
INDAIndiaSell2.039.651.7881.1%56.9%63.3%
XLVHealthcareBuy2.059.681.6266.7%61.8%52.7%
SPYS&P 500Sell2.0925.582.3780.9%49.5%57.6%
VOMidcapsSell2.1216.301.7665.5%58.9%46.7%
LQDInvestment Grade Corporate BondsSell2.2212.751.8178.3%57.2%28.0%

Most Durable Signal Behavior

TickerNameCurrent SignalReturn Per TradeTrades / YearAvg Buy Hold DaysAvg Sell Hold DaysWhipsaw RateExposure
XHBHomebuildersBuy3.6%13.33162266.7%43.0%
XLYConsumer DiscretionarySell1.5%16.00121970.2%37.7%
KWEBChina TechSell3.4%15.00161770.5%47.8%
XLFFinancialsBuy1.6%16.67151571.4%48.9%
INDAIndiaSell0.8%16.33131872.9%39.2%
ETH-USDEthereumBuy5.7%16.67151573.5%48.9%
HYGHigh Yield Corporate BondsSell0.3%18.33131475.9%46.7%
VOMidcapsSell1.2%15.67171576.1%52.9%
DAXGermanyBuy1.2%17.33151476.5%50.8%
ACWXWorld Ex. U.S.Sell1.7%16.00181376.6%56.7%
IAKInsuranceSell1.2%18.00121677.4%42.2%
XLKTechnologySell2.6%16.00151778.7%45.5%

Most Fragile Signal Behavior

TickerNameCurrent SignalReturn Per TradeTrades / YearAvg Buy Hold DaysAvg Sell Hold DaysWhipsaw RateExposure
GDXGold MinersBuy5.4%21.00131188.7%53.6%
LQDInvestment Grade Corporate BondsSell0.4%19.00131487.5%47.6%
XLEEnergyBuy2.2%19.00121487.5%45.8%
XLUUtilitiesBuy1.0%20.67111386.9%47.0%
XLVHealthcareBuy0.8%20.00141286.4%54.1%
CL=FOilBuy3.2%20.00101586.4%38.8%
BTC-USDBitcoinBuy2.1%19.33111586.0%41.9%
ARGTArgentinaBuy2.6%18.67131485.5%47.4%
KRERegional BanksSell2.3%20.00131284.7%52.1%
XLBMaterialsBuy1.3%19.33131384.2%49.3%
XLIIndustrialsBuy1.5%19.33121484.2%45.4%
EWJJapanSell2.0%14.67181683.7%51.5%

Signal Heatmap

Current signal, VAMS impulse, one-month price action, Calmar, and capture ratios. Colors are direction-aware percentile scores within each column.

Week-Over-Week Signal Tape

Buy-rate, new-buy, and new-sell counts across the full universe.

Group Summary

Sleeve-level signal breadth and backtest quality.

GroupConstituentsBuy %New BuysNew SellsAvg VAMSAvg 1M ReturnAvg CalmarAvg Upside CaptureAvg Downside CaptureAvg Capture SpreadTickers
Metals / Miners / Crypto / OilGLD, GDX, SLV, SIL, CPER, BTC-USD, ETH-USD, CL=F87.5%400.203.0%2.5059.1%33.5%25.6%8
US Sector ETFsXLK, XLY, XLC, XLF, XLE, XLI, XLB, XLU, XLRE, XLV, XLP63.6%410.110.1%2.3852.6%30.6%22.0%11
International Equity ETFsDAX, EWJ, ARGT, EWZ, INDA, EZU, EEM, KWEB, ACWX33.3%21-0.01-0.4%2.3053.6%32.0%21.5%9
Industry ETFsKRE, IAK, SMH, XHB25.0%110.12-1.8%2.1653.0%31.8%21.2%4
US Index / Size ETFsSPY, QQQ, DIA, VO, IWM0.0%00-0.02-1.7%2.5548.1%27.8%20.3%5
Bond / Credit ETFsSHY, TLT, LQD, HYG0.0%01-0.46-1.4%1.5454.5%33.3%21.2%4

Fresh Signal Changes

ETFs where the current VAMS state changed versus one week ago.

New Buys

TickerNameGroupCurrent SignalPrior Week SignalWoW Signal ChangeSignal StrengthCurrent VAMSVAMS 5D ChangeSignal SinceLast Buy DateLast Sell Date5D Return1M Return3M Return30D Vol
XLUUtilitiesUS SectorBuySellNew Buy8.060.670.822026-07-252026-07-252026-07-183.0%1.2%2.1%13.3%
XLIIndustrialsUS SectorBuySellNew Buy6.320.510.732026-07-232026-07-232026-07-082.5%-0.7%6.3%11.8%
XLBMaterialsUS SectorBuySellNew Buy5.980.480.662026-07-242026-07-242026-07-202.5%-1.4%1.9%15.1%
GDXGold MinersMetals / Miners / Crypto / OilBuySellNew Buy5.970.480.812026-07-212026-07-212026-07-086.3%-4.1%-11.5%33.0%
XLVHealthcareUS SectorBuySellNew Buy5.170.400.272026-07-252026-07-252026-07-122.1%-0.7%8.5%17.8%
SILSilver MinersMetals / Miners / Crypto / OilBuySellNew Buy5.130.400.732026-07-212026-07-212026-06-205.6%-5.9%-14.4%34.4%
XHBHomebuildersIndustriesBuySellNew Buy3.900.280.602026-07-252026-07-252026-07-072.2%-3.7%8.4%18.9%
GLDGoldMetals / Miners / Crypto / OilBuySellNew Buy2.910.190.382026-07-212026-07-212026-07-131.2%-1.6%-10.1%17.4%
DAXGermanyInternational EquityBuySellNew Buy2.890.180.482026-07-222026-07-222026-07-100.8%-2.6%-2.8%13.3%
ARGTArgentinaInternational EquityBuySellNew Buy1.600.060.372026-07-222026-07-222026-07-170.3%1.8%3.0%19.4%
CPERCopperMetals / Miners / Crypto / OilBuySellNew Buy1.00-0.010.062026-07-212026-07-212026-07-19-0.2%2.8%-1.5%17.3%

New Sells

TickerNameGroupCurrent SignalPrior Week SignalWoW Signal ChangeSignal StrengthCurrent VAMSVAMS 5D ChangeSignal SinceLast Buy DateLast Sell Date5D Return1M Return3M Return30D Vol
KWEBChina TechInternational EquitySellBuyNew Sell6.89-0.56-0.792026-07-242026-07-012026-07-24-4.2%5.2%-2.3%22.5%
SHY1-3 Year Treasury NotesBonds / CreditSellBuyNew Sell3.75-0.27-0.172026-07-232026-07-062026-07-23-0.1%-0.1%-0.3%1.5%
XLPConsumer StaplesUS SectorSellBuyNew Sell2.85-0.18-0.532026-07-232026-07-052026-07-23-0.9%-1.0%-0.8%15.6%
KRERegional BanksIndustriesSellBuyNew Sell1.35-0.04-0.082026-07-212026-07-162026-07-21-0.2%0.9%9.2%16.0%

Full Signal Matrix

Colored table for every ETF in the model universe.

TickerNameGroupCurrent SignalPrior Week SignalWoW Signal ChangeSignal StrengthCurrent VAMSVAMS 5D ChangeSignal SinceLast Buy DateLast Sell Date5D Return1M Return3M Return30D Vol
XLUUtilitiesUS SectorBuySellNew Buy8.060.670.822026-07-252026-07-252026-07-183.0%1.2%2.1%13.3%
CL=FOilMetals / Miners / Crypto / OilBuyBuyNo Change6.840.560.232026-07-082026-07-082026-05-207.3%30.0%-7.5%42.5%
XLIIndustrialsUS SectorBuySellNew Buy6.320.510.732026-07-232026-07-232026-07-082.5%-0.7%6.3%11.8%
XLEEnergyUS SectorBuyBuyNo Change6.090.490.072026-07-072026-07-072026-06-092.9%12.0%0.2%15.4%
XLBMaterialsUS SectorBuySellNew Buy5.980.480.662026-07-242026-07-242026-07-202.5%-1.4%1.9%15.1%
GDXGold MinersMetals / Miners / Crypto / OilBuySellNew Buy5.970.480.812026-07-212026-07-212026-07-086.3%-4.1%-11.5%33.0%
XLVHealthcareUS SectorBuySellNew Buy5.170.400.272026-07-252026-07-252026-07-122.1%-0.7%8.5%17.8%
SILSilver MinersMetals / Miners / Crypto / OilBuySellNew Buy5.130.400.732026-07-212026-07-212026-06-205.6%-5.9%-14.4%34.4%
XLREReal EstateUS SectorBuyBuyNo Change4.570.340.012026-07-252026-07-252026-07-221.6%2.8%3.1%14.2%
XHBHomebuildersIndustriesBuySellNew Buy3.900.280.602026-07-252026-07-252026-07-072.2%-3.7%8.4%18.9%
GLDGoldMetals / Miners / Crypto / OilBuySellNew Buy2.910.190.382026-07-212026-07-212026-07-131.2%-1.6%-10.1%17.4%
DAXGermanyInternational EquityBuySellNew Buy2.890.180.482026-07-222026-07-222026-07-100.8%-2.6%-2.8%13.3%
EWZBrazilInternational EquityBuyBuyNo Change2.520.150.332026-07-102026-07-102026-07-010.7%3.8%-1.8%17.7%
XLFFinancialsUS SectorBuyBuyNo Change2.330.130.382026-07-132026-07-132026-07-080.5%1.2%8.4%11.4%
ARGTArgentinaInternational EquityBuySellNew Buy1.600.060.372026-07-222026-07-222026-07-170.3%1.8%3.0%19.4%
CPERCopperMetals / Miners / Crypto / OilBuySellNew Buy1.00-0.010.062026-07-212026-07-212026-07-19-0.2%2.8%-1.5%17.3%
ETH-USDEthereumMetals / Miners / Crypto / OilBuyBuyNo Change2.15-0.11-0.072026-07-022026-07-022026-06-23-1.7%5.2%-11.6%35.0%
BTC-USDBitcoinMetals / Miners / Crypto / OilBuyBuyNo Change2.39-0.14-0.222026-07-022026-07-022026-06-18-1.4%1.9%-16.1%24.8%
SLVSilverMetals / Miners / Crypto / OilSellSellNo Change3.850.270.462026-07-082026-07-042026-07-083.2%-4.4%-23.1%30.2%
VOMidcapsUS Index / SizeSellSellNo Change3.630.250.462026-07-172026-06-152026-07-170.8%0.0%3.2%5.7%
IAKInsuranceIndustriesSellSellNo Change3.060.20-0.502026-07-092026-06-252026-07-091.2%0.6%10.5%20.4%
EZUEuropeInternational EquitySellSellNo Change2.550.150.532026-07-202026-06-302026-07-200.7%-1.9%-0.1%13.8%
EWJJapanInternational EquitySellSellNo Change2.490.150.702026-06-232026-06-162026-06-230.9%-2.1%-0.4%16.9%
ACWXWorld Ex. U.S.International EquitySellSellNo Change1.950.100.512026-06-232026-06-112026-06-230.5%-1.5%-1.3%13.5%
DIADow JonesUS Index / SizeSellSellNo Change1.570.060.562026-07-172026-07-052026-07-170.2%-1.7%2.5%7.3%
SMHSemiconductorsIndustriesSellSellNo Change1.380.040.402026-06-232026-06-182026-06-230.4%-5.3%-2.6%40.9%
XLKTechnologyUS SectorSellSellNo Change1.130.020.362026-06-052026-05-262026-06-050.1%-2.6%-2.5%24.9%
EEMEmerging MarketsInternational EquitySellSellNo Change1.26-0.030.302026-07-022026-06-112026-07-02-0.4%-3.6%-3.9%23.5%
KRERegional BanksIndustriesSellBuyNew Sell1.35-0.04-0.082026-07-212026-07-162026-07-21-0.2%0.9%9.2%16.0%
IWMRussell 2000US Index / SizeSellSellNo Change1.76-0.080.172026-07-052026-06-262026-07-05-0.4%-2.2%2.1%9.0%
SPYS&P 500US Index / SizeSellSellNo Change2.08-0.110.362026-07-172026-07-032026-07-17-0.4%-0.8%-0.9%9.4%
XLPConsumer StaplesUS SectorSellBuyNew Sell2.85-0.18-0.532026-07-232026-07-052026-07-23-0.9%-1.0%-0.8%15.6%
QQQNasdaq 100US Index / SizeSellSellNo Change3.36-0.230.202026-06-232026-06-182026-06-23-1.7%-4.0%-4.6%19.2%
SHY1-3 Year Treasury NotesBonds / CreditSellBuyNew Sell3.75-0.27-0.172026-07-232026-07-062026-07-23-0.1%-0.1%-0.3%1.5%
INDAIndiaInternational EquitySellSellNo Change4.09-0.30-0.192026-07-152026-07-062026-07-15-1.1%-3.1%-0.8%9.9%
TLT20+ Year Treasury BondsBonds / CreditSellSellNo Change4.59-0.35-0.152026-07-202026-07-182026-07-20-0.8%-2.6%-1.7%6.1%
KWEBChina TechInternational EquitySellBuyNew Sell6.89-0.56-0.792026-07-242026-07-012026-07-24-4.2%5.2%-2.3%22.5%
HYGHigh Yield Corporate BondsBonds / CreditSellSellNo Change7.09-0.58-0.432026-06-172026-06-112026-06-17-0.6%-0.6%-0.9%2.5%
LQDInvestment Grade Corporate BondsBonds / CreditSellSellNo Change7.67-0.64-0.342026-06-302026-06-112026-06-30-0.9%-2.2%-2.0%4.0%
XLYConsumer DiscretionaryUS SectorSellSellNo Change9.09-0.77-0.392026-07-082026-06-292026-07-08-4.5%-6.6%-8.2%18.8%
XLCCommunicationsUS SectorSellSellNo Change10.00-0.86-0.342026-07-172026-07-012026-07-17-4.1%-3.0%-7.9%17.4%

Backtest And Capture Tables

Same metrics, reorganized into smaller institutional blocks. Strategy metrics are paired next to ETF buy-and-hold comparisons where applicable.

Return And Volatility

TickerCurrent SignalStrategy Ann ReturnBuy Hold Ann ReturnExcess Ann ReturnStrategy Ann Vol
ETH-USDBuy75.2%8.4%66.8%34.0%
BTC-USDBuy88.6%25.4%63.2%33.2%
GDXBuy62.6%2.1%60.5%22.4%
SILBuy53.9%2.5%51.5%23.2%
SLVSell52.7%5.2%47.5%18.0%
CL=FBuy46.5%0.4%46.1%20.8%
EWZBuy37.1%-3.5%40.6%16.0%
KWEBSell38.1%0.0%38.1%20.2%
XLEBuy35.9%3.3%32.7%14.7%
KRESell36.2%5.7%30.6%16.0%
ARGTBuy33.4%5.3%28.1%16.3%
SMHSell42.5%18.3%24.2%15.2%
XHBBuy33.3%9.4%24.0%14.0%
EEMSell23.9%1.8%22.0%10.9%
CPERBuy22.6%1.9%20.6%17.8%
GLDBuy25.5%5.7%19.8%10.0%
XLFBuy26.5%7.3%19.2%11.0%
IWMSell26.1%7.2%18.9%11.1%
XLBBuy23.2%5.2%18.1%10.7%
INDASell20.7%2.7%18.0%10.6%
EWJSell21.3%3.8%17.4%9.5%
XLUBuy22.2%5.1%17.1%10.0%
EZUSell19.2%2.6%16.6%11.4%
TLTSell15.8%-0.3%16.1%9.0%
XLIBuy23.4%8.9%14.5%9.9%
XLKSell27.6%13.2%14.4%10.5%
XLYSell23.5%9.5%14.0%10.2%
ACWXSell15.8%2.6%13.2%9.8%
DAXBuy15.1%2.6%12.5%9.8%
XLVBuy20.1%7.8%12.4%8.1%
XLREBuy13.9%1.9%12.0%7.9%
QQQSell24.6%13.1%11.5%9.6%
IAKSell19.5%8.1%11.4%10.9%
DIASell18.1%7.5%10.6%7.9%
SPYSell19.1%8.9%10.2%7.9%
VOSell17.9%7.9%10.0%9.4%
XLPSell14.3%5.4%8.9%7.3%
XLCSell11.3%3.5%7.8%8.1%
HYGSell6.9%-0.5%7.4%4.2%
LQDSell7.4%0.1%7.3%4.4%
SHYSell1.0%-0.1%1.0%0.9%

Sharpe / Sortino Quality

TickerCurrent SignalStrategy SharpeStrategy SortinoCalmar RatioPain RatioGain To Pain
SLVSell2.942.953.9618.202.15
GDXBuy2.802.942.4322.241.96
SMHSell2.792.942.6220.492.05
BTC-USDBuy2.672.772.5514.401.93
XLKSell2.622.793.8719.262.07
GLDBuy2.572.371.7814.611.96
QQQSell2.572.433.2120.972.15
XLVBuy2.502.662.9116.691.99
XLEBuy2.442.533.3818.371.95
SPYSell2.412.262.2418.972.12
XLFBuy2.412.342.7118.602.00
XHBBuy2.382.481.8914.441.90
XLIBuy2.362.312.5016.041.95
IWMSell2.342.383.1717.032.01
SILBuy2.322.462.8311.671.76
EWZBuy2.322.272.6913.441.89
XLYSell2.302.222.2013.921.88
DIASell2.282.152.5616.021.98
KRESell2.272.572.7015.851.89
EWJSell2.242.372.5615.641.86
CL=FBuy2.242.192.8013.231.87
XLUBuy2.222.282.1516.171.84
ETH-USDBuy2.212.253.1210.721.89
EEMSell2.192.152.3213.731.87
XLBBuy2.182.152.5215.801.82
ARGTBuy2.052.193.3610.411.77
XLPSell1.951.821.2012.731.72
INDASell1.941.872.2411.481.77
VOSell1.901.771.5910.661.69
KWEBSell1.892.032.9111.961.85
IAKSell1.781.621.429.781.64
TLTSell1.761.611.478.171.64
XLREBuy1.751.431.619.731.93
LQDSell1.691.801.558.671.70
EZUSell1.691.571.198.981.63
HYGSell1.671.571.7311.801.75
ACWXSell1.621.521.928.531.54
DAXBuy1.541.261.497.541.69
XLCSell1.400.921.145.691.79
CPERBuy1.271.000.557.831.65
SHYSell1.120.921.414.421.48

Drawdown Defense

TickerCurrent SignalStrategy Max DDBuy Hold Max DDSignal Drawdown 52WETF Drawdown 52WDrawdown Saved 52WUlcer Index
SHYSell-0.7%-7.2%-0.6%-1.7%-1.1%0.00
HYGSell-4.0%-28.7%-1.4%-3.0%-1.7%0.01
LQDSell-4.8%-29.4%-1.6%-5.2%-3.6%0.01
VOSell-11.3%-39.7%-3.7%-8.5%-4.8%0.02
XLBBuy-9.2%-40.2%-6.9%-12.4%-5.4%0.02
TLTSell-10.7%-51.8%-2.2%-8.6%-6.4%0.03
XLUBuy-10.3%-36.7%-3.0%-9.7%-6.7%0.02
ACWXSell-8.2%-39.0%-4.7%-11.4%-6.7%0.02
IAKSell-13.7%-44.9%-2.6%-9.5%-6.9%0.03
EEMSell-10.3%-43.7%-6.6%-13.5%-6.9%0.02
SPYSell-8.6%-34.1%-2.2%-9.1%-7.0%0.01
XLREBuy-8.6%-39.3%-1.9%-8.9%-7.0%0.01
IWMSell-8.2%-42.3%-4.1%-11.2%-7.1%0.02
XLPSell-11.9%-24.9%-2.7%-9.9%-7.3%0.01
DIASell-7.1%-37.1%-2.3%-10.1%-7.8%0.01
ARGTBuy-9.9%-62.6%-9.0%-16.9%-7.9%0.03
XLVBuy-6.9%-28.8%-2.5%-10.8%-8.3%0.01
DAXBuy-10.1%-48.6%-6.2%-14.8%-8.6%0.02
XLIBuy-9.4%-42.8%-3.7%-12.5%-8.7%0.02
CPERBuy-41.1%-57.8%-7.3%-16.4%-9.1%0.03
XLEBuy-10.6%-76.7%-6.1%-15.6%-9.5%0.02
EZUSell-16.2%-44.8%-3.4%-13.1%-9.6%0.03
QQQSell-7.7%-35.6%-2.1%-11.8%-9.7%0.01
XLCSell-10.0%-47.2%-1.9%-12.2%-10.3%0.02
XLKSell-7.1%-34.0%-3.8%-14.6%-10.8%0.02
EWJSell-8.3%-34.6%-2.2%-13.6%-11.4%0.02
KRESell-13.4%-57.2%-3.5%-15.0%-11.4%0.03
INDASell-9.2%-46.1%-5.2%-17.2%-12.0%0.02
GLDBuy-14.3%-45.6%-14.3%-26.4%-12.1%0.02
SMHSell-16.2%-45.3%-4.6%-16.8%-12.2%0.02
XLYSell-10.7%-40.3%-2.8%-15.1%-12.3%0.02
EWZBuy-13.8%-78.8%-6.9%-19.3%-12.4%0.03
XLFBuy-9.8%-43.3%-2.6%-15.2%-12.7%0.02
XHBBuy-17.7%-49.8%-5.0%-21.8%-16.8%0.03
BTC-USDBuy-34.8%-83.4%-15.1%-39.6%-24.5%0.06
SILBuy-19.0%-83.4%-14.2%-39.5%-25.3%0.05
CL=FBuy-16.6%-133.0%-11.9%-39.3%-27.4%0.04
KWEBSell-13.1%-82.2%-8.0%-38.2%-30.2%0.03
GDXBuy-25.8%-81.3%-8.6%-38.9%-30.3%0.03
ETH-USDBuy-24.1%-94.0%-17.7%-53.4%-35.6%0.06
SLVSell-13.3%-76.3%-13.3%-52.3%-39.0%0.03

Capture Profile

TickerCurrent SignalUpside CaptureDownside CaptureCapture SpreadWorst Decile DefenseBest Decile Participation
SLVSell62.3%31.1%31.2%74.6%69.3%
GDXBuy61.0%32.7%28.4%75.3%67.9%
GLDBuy64.0%35.8%28.1%71.0%69.6%
XLEBuy56.6%30.6%26.1%76.1%59.2%
KWEBSell58.8%32.8%25.9%74.7%63.3%
CL=FBuy51.5%26.0%25.5%80.8%52.7%
XLUBuy59.3%35.1%24.2%71.9%62.1%
SILBuy58.6%35.0%23.6%70.4%62.5%
ETH-USDBuy56.8%33.3%23.5%78.6%61.4%
KRESell54.2%30.8%23.4%77.9%57.5%
XLFBuy52.1%28.8%23.3%80.2%50.6%
BTC-USDBuy58.8%35.5%23.2%69.6%65.5%
LQDSell56.9%33.8%23.2%73.1%58.1%
EWZBuy49.2%26.2%23.0%81.4%52.1%
EWJSell53.1%30.5%22.6%78.7%53.6%
XLREBuy49.7%27.1%22.6%80.1%47.2%
ARGTBuy57.2%34.7%22.5%71.0%58.8%
SMHSell52.3%29.9%22.4%77.4%51.0%
INDASell55.0%32.9%22.2%74.3%54.5%
XLVBuy51.5%29.3%22.2%79.4%49.0%
XHBBuy52.8%30.7%22.1%76.4%54.4%
EEMSell49.6%27.6%22.0%80.3%50.4%
TLTSell56.9%35.0%21.9%69.9%64.2%
HYGSell50.4%28.6%21.8%78.6%50.5%
XLIBuy51.9%30.1%21.8%77.0%50.4%
IWMSell47.3%25.8%21.6%82.5%47.2%
XLKSell49.3%27.9%21.4%82.3%43.9%
CPERBuy59.6%38.2%21.4%66.7%63.6%
DIASell50.0%28.8%21.2%79.1%45.2%
XLBBuy51.7%30.5%21.1%78.2%50.0%
SPYSell46.0%25.1%21.0%83.5%40.4%
DAXBuy55.0%34.6%20.5%72.3%56.6%
XLCSell52.9%32.4%20.4%74.5%50.1%
QQQSell45.1%24.7%20.4%83.3%39.5%
XLYSell50.8%30.5%20.2%76.9%48.1%
XLPSell53.4%34.4%19.0%73.8%52.1%
SHYSell54.0%36.0%18.0%66.8%58.1%
EZUSell49.3%31.8%17.5%75.9%45.8%
ACWXSell54.8%37.3%17.5%71.6%50.5%
VOSell51.9%34.6%17.3%73.1%45.7%
IAKSell52.8%36.0%16.8%71.2%51.8%

Regime Separation

TickerCurrent SignalETF Ann Return While BuyETF Ann Return While SellBuy Minus Sell Return SpreadExposure
ETH-USDBuy234.3%-158.8%393.1%27.8%
BTC-USDBuy178.0%-82.7%260.6%37.0%
GDXBuy102.7%-86.7%189.4%48.6%
CL=FBuy89.0%-93.4%182.4%44.5%
SILBuy94.8%-74.2%169.0%47.2%
SLVSell91.3%-68.2%159.5%47.2%
KWEBSell82.9%-74.1%157.0%41.0%
EWZBuy75.9%-56.6%132.5%41.9%
KRESell69.6%-46.4%116.0%46.4%
XLEBuy65.8%-50.1%115.9%47.3%
ARGTBuy61.5%-46.8%108.3%47.4%
SMHSell73.6%-33.1%106.7%48.6%
XHBBuy63.3%-35.7%99.0%46.6%
CPERBuy47.8%-38.1%85.9%45.4%
EEMSell49.4%-33.6%83.0%43.5%
IWMSell54.7%-27.7%82.4%43.2%
XLFBuy50.3%-31.0%81.3%48.0%
GLDBuy43.6%-35.9%79.5%52.3%
XLBBuy44.1%-29.3%73.5%47.9%
INDASell39.8%-32.8%72.6%45.6%
XLKSell48.3%-22.5%70.7%50.7%
EWJSell40.8%-29.7%70.5%47.9%
XLUBuy39.3%-29.9%69.2%51.0%
XLIBuy45.0%-23.9%68.9%47.9%
XLYSell44.5%-23.0%67.4%48.7%
XLREBuy38.9%-28.0%66.8%33.1%
DAXBuy36.9%-28.8%65.7%38.6%
XLCSell38.4%-26.3%64.8%27.4%
QQQSell47.3%-17.0%64.3%46.9%
EZUSell36.3%-26.8%63.0%48.4%
TLTSell32.2%-27.2%59.4%45.4%
XLVBuy37.8%-20.3%58.1%48.3%
IAKSell36.8%-19.8%56.6%50.3%
SPYSell37.0%-16.3%53.3%47.6%
ACWXSell27.5%-25.5%53.0%54.3%
DIASell33.3%-18.3%51.6%50.3%
VOSell32.3%-18.4%50.7%52.7%
XLPSell27.2%-16.1%43.3%49.7%
LQDSell14.3%-14.1%28.4%49.5%
HYGSell14.4%-13.3%27.7%45.8%
SHYSell2.2%-1.9%4.1%44.2%

Trading Friction / Durability

TickerCurrent SignalTrades / YearReturn Per TradeAvg Buy Hold DaysAvg Sell Hold DaysWhipsaw Rate
ETH-USDBuy9.927.6%141576.9%
BTC-USDBuy12.487.1%151676.1%
GDXBuy17.603.6%141478.4%
SLVSell15.543.4%151772.9%
SILBuy16.593.3%141576.5%
KWEBSell13.342.9%151675.3%
CL=FBuy16.502.8%141774.2%
SMHSell17.552.4%141474.9%
EWZBuy16.592.2%131776.5%
ARGTBuy15.132.2%161573.6%
XLEBuy16.502.2%141674.7%
KRESell17.822.0%131578.7%
XHBBuy17.321.9%141576.2%
XLKSell16.001.7%161573.6%
XLFBuy16.221.6%151672.9%
IWMSell16.001.6%141873.6%
CPERBuy13.891.6%161675.6%
GLDBuy16.411.6%161473.7%
EEMSell16.181.5%141772.5%
QQQSell16.731.5%141677.0%
XLYSell16.361.4%151572.0%
XLIBuy16.411.4%151673.5%
INDASell14.621.4%161575.5%
XLBBuy17.501.3%141576.7%
EWJSell16.091.3%151675.5%
XLUBuy17.871.2%141479.2%
XLCSell9.141.2%151481.9%
XLVBuy16.221.2%151676.6%
SPYSell16.181.2%151673.7%
DAXBuy12.931.2%151578.0%
IAKSell16.731.2%151573.4%
EZUSell16.821.1%151576.8%
XLREBuy12.291.1%141577.6%
VOSell16.091.1%171474.9%
DIASell16.541.1%151575.3%
ACWXSell16.091.0%171474.6%
TLTSell17.820.9%131578.1%
XLPSell16.270.9%151575.8%
HYGSell16.180.4%141673.1%
LQDSell17.550.4%141478.9%
SHYSell17.280.1%131675.9%

Individual ETF Price Charts And Backtests

Each price and backtest chart starts at the selected chart date and is shaded green while VAMS is Buy and red while VAMS is Sell.

Method Notes

Signal definition and calculation guardrails.

VAMS Framework

Proprietary volatility-adjusted momentum process with confirmation logic. The deck reports the resulting Buy/Sell state and historical performance, not the underlying trigger recipe.

Backtest Convention

Buy is modeled as 100% ETF exposure. Sell is modeled as cash exposure. Strategy returns use prior-day signal to avoid look-ahead bias.

Capture Ratios

Upside capture is strategy return summed on ETF up days divided by ETF return summed on ETF up days. Downside capture uses ETF down days, so lower downside capture is better.