One rule set, one eToro portfolio:
US stocks, gold and Bitcoin
13 US stocks, gold and Bitcoin, picked and weighted by a 100% rule-based momentum system. No discretionary overrides.
Math over Emotion
Two stock sleeves, rotated monthly
The stock part holds 5 names from the Nasdaq 100 and 8 from the Russell 1000. Once a month every sleeve is ranked again: a stock has to be in its own long-term uptrend, the ranking uses a momentum score blended over several horizons from three to twelve months, and the top names enter at equal weight.
The Nasdaq 100 is part of the Russell 1000, so without a rule both sleeves could buy the same stock. The Nasdaq 100 picks are therefore removed from the wider candidate set before ranking, and no stock is held twice.
Every signal comes from Python and C# for the quantitative analysis and RealTest for the backtest. No gut feeling, no news-driven panic.
Asset Universe (2026 target weights)
Drawdowns that don't line up
What matters is whether the three parts fall at the same time. Measured on the sleeves as this book trades them, the drawdown correlations run from −0.23 (gold vs. Bitcoin) to +0.12 (stocks vs. gold). Most "diversified" portfolios sit at 0.6 or higher, so everything falls together.
Built so small copiers get every position
eToro fills no copied position worth less than $1. For a small copier to receive the whole strategy rather than part of it, every position has to stay above roughly 1% of the book. That is why this book holds 13 names instead of five: its smallest position targets 2.75%, the largest 6.6%.
Risk Management: The Volatility Gate
How the gate works
The gate applies only to the stock sleeves. Each sleeve holds stocks only while its index is in its long-term uptrend and the index's recent volatility stays below a multiple of its own one-year average. Otherwise the sleeve goes to cash at the next month-end and waits until the rules let it back in.
This is not a rare event: the stock part sits in cash roughly one month in three, the Nasdaq 100 sleeve 34% of the 31 years. Gold and Bitcoin, on the other hand, stay invested at all times, which is 45% of this book. The stock half thus spends about a third of its life in cash, and that is why the original wikifolio's worst fall in the backtest is −23.0% instead of −35.9% without the gate.
Current book with the volatility gate since 1 Sep 2026.
Between 22 Jun 2026 and 29 Jul 2026 this account fell −28.2%. That fall came from the old book without the volatility gate, which this account ran until 1 Sep 2026.
Over the same dates, today's gated book would have lost −7.1%. That is a backtest (simulation), not something any copier lived through.
eToro's own figures. They move daily; the current numbers are on the profile.
View the live profile (Ad) →Past performance, simulations or forecasts are not a reliable indicator of future performance.
How to Start Copying
Visit the Profile
Go to @wolfhartinvest (Ad) on eToro.
Click "Copy"
Hit the green "Copy" button on the profile page to start the process.
✅ Copy Open Trades
Crucial: Check "Copy Open Trades" to sync with the current portfolio immediately. This ensures you start with the exact same positions.
Set Your Amount
Recommended minimum: $500, ideally $1,000 or more, so every position across stocks, gold and Bitcoin is filled.
Validated by Backtesting
All figures come from a RealTest backtest of the eToro book as configured today, with trading costs and slippage included and data through 14 Sep 2026. First the last ten years (2016–2026), then the full story (1995–2026).
This window flatters: it holds no real bear market, 2026 is a partial year, and Bitcoin only enters the book in 2016. Nobody traded this book before September 2026 either, so the CAGR is not an investor return. That is why the full story since 1995 sits directly below.
Yearly Performance (2016–2026)
eToro book · calendar years · Backtest (simulation)
| Year | Return | Max DD in year |
|---|---|---|
| 2016 | +20.6% | −4.5% |
| 2017 | +80.9% | −11.6% |
| 2018 | −3.9% | −16.1% |
| 2019 | +22.5% | −11.3% |
| 2020 | +75.9% | −15.6% |
| 2021 | +11.9% | −17.1% |
| 2022 | −5.0% | −11.8% |
| 2023 | +38.5% | −10.4% |
| 2024 | +50.9% | −14.8% |
| 2025 | +41.6% | −15.4% |
| 2026 (through 14 Sep) | +62.9% | −15.2% |
Drawdown Correlations of the Three Sleeves
Measured on the sleeves as the eToro book actually trades them: 1995–2026, Bitcoin from 2016. The number shows how much the falls of two sleeves coincide (+1 means together, −1 means in opposite directions).
For comparison: most "diversified" portfolios show drawdown correlations of 0.6 or higher between their components.
Backtest (simulation). Past performance, simulations or forecasts are not a reliable indicator of future performance.
Execution & Discipline
Monthly Rotation
On the last trading day of each month both stock sleeves are ranked again and the trend and volatility gate are checked on the same date. The orders are filled at the next open.
Yearly Rebalancing
Once a year, at year-end, stocks, gold and Bitcoin are brought back to their target weights. No mid-year changes to the split.
100% Rule-Based
No discretionary intervention. The algorithm decides, I execute, even when it feels uncomfortable at the time.
See the portfolio for yourself
View wolfhartinvest on eToro and follow a fully rule-based portfolio of US stocks, gold and Bitcoin, month by month. Copy trading does not amount to investment advice.
View wolfhartinvest on eToro (Ad)Risk Disclaimer The contents are for information purposes only. Capital investment involves risks. No investment advice.
Commercial Disclosure The operator of this website manages the Wikifolios "NDX Rotate + X" and "Meridian Systematic" (each with his own investment) and a portfolio on eToro. He earns from managing on both platforms — on eToro, compensation increases with assets under copy. Links to Wikifolio and eToro are marked as commercial communication.