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Credit Spread Trade

Rotate high yield vs investment grade based on credit spread regime

3Y
Total Return
+14.9%
3Y
Sharpe Ratio
0.18
3Y
Max Drawdown
-4.6%
3Y
Win Rate
52.6%
3Y
Alpha
-61.6%
3Y
Comp. Score *
0.01
Risk Parameters
Max Allocation8.2%
Stop Loss5.0%
Take Profit5.0%
Max DD Tolerance4.6%
Rebalancemonthly
Execution Guidance
Order TypeLimit
Entry RuleBuy 0.5% below market in uptrend.
TimingSAFE TO BUY. *
ScalingEnter in 3 tranches over 1-2 weeks.
Positions — Vol-Adjusted Sizing
SymbolActionVol Stop LossTake ProfitSizeLinks
HYG BUY 5% 2.5% below entry 3.0% above entry 16.4% TVYH
JNK BUY 5% 2.5% below entry 3.0% above entry 16.4% TVYH
VCIT BUY 5% 2.5% below entry 3.0% above entry 16.4% TVYH