Sign Up
Individual Professional
Pricing
en
en
Sign Up

STOIC AI STRATEGY

Stoic AI Crypto Index — automated long-only crypto index

The strategy holds a diversified, long-only basket of liquid digital assets and re-weights it automatically, so the return comes from the growth of the crypto market as a whole rather than from a bet on any single coin.

Try now
Annualised return
119%Since Mar 2020 · includes backtest
Annualised, live only
18.6%Since June 2023
Max drawdown
68.71%Measured on the daily equity curve
Sharpe ratio
1.39USDT denomination

The current index strategy has been live since June 2023; figures before that date are backtested. Past performance does not guarantee future results.

Talk to our team

For allocators, family offices and trading desks.

Thanks for getting in touch

We have your address, . A member of the team will follow up with the Crypto Index materials and answer questions about allocating to the strategy.

Explore the app

100+ sub-strategies

The index is not a fixed list of coins. More than 100 long-only quantitative sub-strategies compete for capital; the top 20 are selected every week and re-weighted every day, so the basket follows the market rather than a committee's opinion of it.

Diversified by construction

No single asset may exceed 30% of the portfolio, and Bitcoin is capped at 75%, so the outcome is never decided by one position. Correlation to the S&P 500 has been 0.27, which is what makes a crypto sleeve behave differently from the rest of a portfolio.

Non-custodial

Your capital stays in your own exchange account. Stoic connects through API keys that carry no withdrawal rights and never takes custody of client assets.

Ahead of the index benchmarks

Over the full track record the strategy's Sharpe ratio is 1.39, against 0.91 for the Binance equal-weight top 10, 0.81 for the CCI30 and 1.00 for Bitcoin — with the smallest maximum drawdown of the four. Figures from the strategy's own fact sheet; they cover the backtested period before June 2023 as well as live trading.

Investment process

How the crypto index is built

A traditional index fund tracks a published list of constituents. This one is assembled by a pool of quantitative sub-strategies that compete for capital, so the composition adapts as the market does. Each part below is a stage of the same pipeline.

  • Research

    A pool of long-only ideas

    More than 100 long-only sub-strategies sit in the pool, built from years of quantitative research into how digital assets behave. Each one is a rule for holding a set of assets under given conditions. Sub-strategies are evaluated continuously: those whose edge has decayed are removed from the pool, and newly researched ones are added when out-of-sample results support it.

  • Selection

    Top 20, re-weighted daily

    Once a week the strategy selects the 20 best-performing sub-strategies from the pool to run with. Once a day it re-assigns the weights between those 20 based on how they are actually performing, rather than on a fixed target allocation. This is the rebalancing an index fund does — applied to strategies first and to assets second.

  • Execution

    Hourly asset rebalancing

    Inside the selected sub-strategies, the weights between individual assets are adjusted hourly. Execution is fully systematic through a proprietary module that needs only API connectivity to the exchange, so the basket stays aligned with its target weights without anyone placing an order by hand.

  • Return sources

    Where the return comes from

    The index is long-only, so the first driver is the growth of the crypto market itself. The second is selection: the strategy can carry significant exposure to Bitcoin or to altcoins depending on which sub-strategies are working, which is what separates its result from simply holding a fixed basket. There is no short side and no funding income here — those belong to Meta and Fixed Income.

Monthly returns and track record

Cumulative return 16018.4%
CAGR 118.6%
$10,000 Feb 2020
$1,611,844 Aug 2026

Parameters

  • 1.39 Sharpe ratio
  • 0.766 Correlation to BTC
  • 0.26 Correlation to S&P 500
  • 68.71% Max drawdown
JanFebMarAprMayJunJulAugSepOctNovDecYTD
2020 --12.04%36.93%14.57%2.78%45.28%27.88%-2.36%0.38%52.27%33.87%570.5%
2021 145%109.97%97.25%70.45%-18.28%-18.15%18.38%67.16%-9.13%21.22%11.99%-16.8%2249.7%
2022 -19.99%9.79%17.01%-24.28%-22.55%-22.47%31.83%-13.87%2.08%2.64%-14.91%-12.78%-58.73%
2023 44.83%8.26%1.60%-5.50%-5.49%2.07%2.57%-13.48%4.90%23.20%7.81%37.73%147.35%
2024 -11.07%30.88%36.07%-23.58%8.94%-14.71%-6.35%-11.84%10.72%-4.80%86.68%-5.62%72.40%
2025 4.77%-22.92%-17.77%6.88%2.57%-0.34%33.45%-0.88%1.72%-17.55%-10.89%-3.46%-30.76%
2026 -17.6%-11.93%-3.21%3.85%10.6%-24.25%8.13%27.08%-16.02%

Download the strategy fact sheet (PDF) →

Compared with

Stoic AI Crypto Index versus the crypto index benchmarks

The useful question about any index is "compared with what?". These are the risk metrics of our index beside the two best-known crypto index benchmarks, Bitcoin, and the S&P 500 — measured over the same period, from the strategy's own fact sheet.

Series Sharpe ratio Max drawdown Correlation to BTC Correlation to S&P 500
Stoic AI Crypto Index 1.39 -68.71% 0.766 0.26
Binance equal-weight top 10 0.91 -80.59% 0.813 0.314
CCI30 crypto index 0.81 -81.22% 0.885 0.337
Bitcoin 1.00 -76.63% 1 0.297
S&P 500 1.09 -25.43% 0.297 1

Source: Stoic AI Crypto Index fact sheet (September 2026). Figures cover the full track record, including the backtested period before June 2023. Benchmark data is shown for context and is not a strategy result. Past performance does not guarantee future results.

Why hold an index

What a crypto index does that a single coin cannot

An index fund buys the market instead of trying to pick the winner inside it. In equities that idea is old enough to be uncontroversial; in crypto — where the leadership rotates violently between cycles — the argument is, if anything, stronger.

  • Definition

    What a crypto index fund is

    A crypto index fund holds a basket of digital assets chosen by a rule rather than by opinion, and keeps that basket aligned with the rule over time. You get the market's return, minus costs, without deciding which asset leads it.

  • Concentration

    One asset is not the market

    The leaders of one crypto cycle are rarely the leaders of the next, and a single token can lose most of its value on news that never touches the rest of the market. Spreading capital across dozens of positions means no one of them decides your outcome.

  • Rebalancing

    Rebalancing does the discipline for you

    Left alone, a basket drifts: whatever ran up becomes most of the portfolio, exactly when it is most expensive. Rules-based rebalancing trims winners and tops up laggards on a schedule, without the panic exits and FOMO entries that cost manual portfolios most.

  • Portfolio role

    A sleeve that behaves differently

    Crypto's usefulness in a wider portfolio comes from behaving unlike the rest of it. This index has moved with the S&P 500 at a correlation of 0.27 — related, but not the same thing — which is why an allocation to it is usually sized as a small diversifying sleeve rather than as a core holding.

The case for a rules-based crypto index is not only intuition: institutional research, including work published by Coinbase Research and index providers such as MarketVector, has found that a small, regularly rebalanced crypto allocation historically improved a traditional portfolio's risk-adjusted return. Diversification does not prevent losses; this strategy is long-only and falls when the crypto market falls.

Strategy terms and parameters

  • 1 Strategy type Crypto index, long only
  • 2 Live since June 2023 (current index strategy)
  • 3 Denomination USDT or USDC, depending on your jurisdiction
  • 4 Exchanges Binance, Bybit, Coinbase, KuCoin, Crypto.com
  • 5 Universe Liquid digital assets — Bitcoin and major altcoins; long positions only, no shorts
  • 6 Sub-strategies 100+ in the pool; the top 20 are selected weekly
  • 7 Rebalancing Sub-strategy selection weekly, strategy weights daily, asset weights hourly
  • 8 Position limits 75% maximum allocation to Bitcoin, 30% to any other single asset
  • 9 Minimum to start $500
  • 10 Custody Funds stay in your own exchange account, connected via API keys without withdrawal rights ⓘ Specifications reflect the Stoic AI Crypto Index strategy as described in its monthly fact sheet. Limits are targets applied by the risk system, not guarantees.
Try now

Risk framework

What the index does about risk

A long-only crypto strategy carries market risk by design — it is meant to. What the risk framework controls is concentration: how much of the outcome any single asset or idea is allowed to decide.

  • Position limits

    Caps on every position

    The maximum exposure to a single asset is limited inside the portfolio: the allocation to Bitcoin is capped at 75%, and for every other asset the limit is 30%. Those caps are what keep the basket an index rather than a concentrated bet that happens to hold several coins.

  • Portfolio controls

    A pool under constant evaluation

    The pool of sub-strategies is reviewed continuously: underperforming ones are dropped and newly developed ones added when the out-of-sample evidence supports it. Because 20 strategies carry weight at any time and their weights are reset daily, no single idea can quietly grow into the whole portfolio.

  • Drawdowns

    Expect crypto-sized drawdowns

    The largest peak-to-trough decline is 68.71%. That is the honest cost of long-only exposure to this market — over the same period Bitcoin fell 76.63%, the CCI30 index 81.22% and the Binance equal-weight top-10 basket 80.59%. If a drawdown of that size is not acceptable, the market-neutral Meta strategy is the one built for that constraint, not this one.

  • Governance

    Governance and oversight

    An Investment Committee made up of the two Co-CEOs, the CFO, the CTO, the Head of Quantitative Research and the Head of Engineering meets weekly to review performance, risk metrics and strategic adjustments. Day-to-day risk monitoring runs 24/7.

FAQ

Crypto index investing questions, answered

  • A crypto index fund holds a basket of digital assets selected and weighted by a published rule rather than by discretion, and keeps that basket aligned with the rule as prices move. The point is to own the market's return instead of trying to identify which asset will lead it. Stoic AI Crypto Index works this way, with one difference from a traditional index fund: instead of tracking a fixed list of constituents, it runs a pool of more than 100 long-only quantitative sub-strategies and lets the best-performing 20 of them determine what the basket holds.
  • Once a week the strategy selects the top 20 sub-strategies from a pool of more than 100. Once a day it re-assigns the weights between those 20 according to how they are actually performing. Inside them, the weights between individual assets are adjusted hourly. Position limits apply throughout: at most 75% of the portfolio in Bitcoin and at most 30% in any other single asset.
  • Holding Bitcoin is a position in one asset; the index is a position in the market. Over the strategy's full track record the index recorded a Sharpe ratio of 1.39 against Bitcoin's 1.00 and a maximum drawdown of 68.71% against Bitcoin's 76.63%, and its correlation to Bitcoin is 0.77 — related, but not the same series. There are periods when Bitcoin alone outperforms the index, 2024 among them; the index's argument is the risk-adjusted result across cycles, not beating BTC in every window.
  • Market-capitalisation indices such as the CCI30 or the Coinbase 50 define a fixed list of constituents and re-weight it on a schedule. Stoic AI Crypto Index is rules-based in a different way: its holdings come from whichever quantitative sub-strategies are performing, so the basket can tilt towards Bitcoin or towards altcoins as conditions change. Against those benchmarks over the same period, the fact sheet shows a Sharpe ratio of 1.39 versus 0.81 for the CCI30 and 0.91 for the Binance equal-weight top 10, with a smaller maximum drawdown than either.
  • On three schedules at once: sub-strategy selection weekly, the weights between the selected sub-strategies daily, and the weights between individual assets hourly. You never place a rebalancing order yourself — the strategy adjusts the positions in your own exchange account automatically.
  • Because leadership rotates hard between cycles and single assets can lose most of their value on news that never touches the rest of the market. A diversified basket means no single position decides the outcome. It does not make the market risk go away: this strategy is long-only, so it falls when the crypto market falls — diversification changes how much any one asset can hurt you, not whether the market can.
  • That is a question for your own adviser, not for us — we provide software and cannot give investment advice. What we can point to is why the allocation is usually a small one: the strategy's correlation to the S&P 500 is 0.27, which is what makes it behave differently from the rest of a portfolio, and its maximum drawdown is 68.71%, which is why a diversifying sleeve is normally sized so that a decline of that order remains survivable.
  • Meta holds long and short positions at the same time, sized to offset each other, so its return does not depend on the market's direction — and its maximum drawdown is 12%. The index is long-only: it is built to capture the crypto market's growth, and it declines when that market declines. They are complementary rather than alternatives, which is why many clients run both.
  • In sustained upward markets. Being long-only, it is designed to capitalise on rising prices, and its strongest years in the table above are the market's strongest years. In falling markets it falls; the sub-strategy selection can soften that, but it cannot turn a bear market into a positive year.
  • The largest peak-to-trough decline is 68.71%. For context over the same period, Bitcoin's was 76.63%, the CCI30's 81.22% and the Binance equal-weight top-10 basket's 80.59%. Drawdowns of this size are inherent to long-only crypto exposure, not a malfunction of the strategy.
  • The current index strategy has been trading live since June 2023. The monthly table above also covers March 2020 to May 2023 — that earlier stretch is backtested, and the chart marks the point where the backtest ends and live trading begins. Stoic itself has been running client accounts since March 2020, when the first client was onboarded onto an earlier index strategy.
  • Yes. Once your exchange account is connected, every holding and every trade is visible both in the Stoic AI app and directly in your exchange account — the positions are yours, held in your own account.
  • Your funds stay in your own exchange account at all times. Stoic connects through API keys with trade-only permissions, which means the system can place orders but can never withdraw your assets. You keep full custody and can disconnect at any moment.
  • Binance, Bybit, Coinbase, KuCoin and Crypto.com. The strategy is the same on each; what differs is the fee schedule and the set of listed markets, which is why the exchange pages linked below cover each venue separately.
  • $500 on every supported exchange, preferably in USDT, USDC or BTC. Other assets are accepted, but stablecoins or BTC are the cleanest starting point for the strategy's first rebalancing.
  • Compared with the market-neutral strategies, this one carries the full market risk of crypto: its performance is tied directly to the direction of the market, and the maximum drawdown on record is 68.71%. Sub-strategies can also stop working as the inefficiencies they exploit disappear, which is why the pool is evaluated continuously and weak strategies are removed. Past performance does not guarantee future results, and you may lose money.

Keep reading

Where the index runs and how it compares

The exchanges the index trades on, how it sits beside the other strategies, and the documents behind the numbers.

Run the index on an exchange

Other Stoic AI strategies

Documents and pricing

Ready to hold the market, not a guess?

Trusted by top funds and individual professionals alike

Try now

Disclaimer:

This website is operated by Cindicator Ltd. (“Cindicator”), a Gibraltar private company. You are solely responsible for compliance with all laws that may apply to you and your use of Cindicator products. Cryptocurrencies and blockchain technologies have been the subject of scrutiny by regulatory bodies worldwide. With respect to your use of Cindicator products, Cindicator makes no representations regarding the applicability or compliance of its products with any laws or regulations, including, without limitation, those related to trading, options, derivatives, or securities. You also assume all legal, economic, and other risks related to your use of Cindicator products, including legal uncertainty, market volatility, and information security risks, among others. Trading in cryptocurrencies and digital assets is highly speculative, and the value of investments can fluctuate dramatically. You may lose a substantial portion or even all of your invested capital, and such trading may not be suitable for everyone. If you are unsure about these risks or your ability to bear potential losses, you should consult with an independent financial advisor before using Cindicator products. Depending on your jurisdiction, access to or use of Cindicator products may be subject to certain legal restrictions or prohibitions. You agree that it is solely your responsibility to determine and comply with any laws and regulations applicable to your use of Cindicator products, and that Cindicator is not responsible for informing you of such requirements.

Cindicator reserves the right to restrict or refuse access to its products for citizens or residents of certain jurisdictions, including those subject to international sanctions or other legal restrictions. All materials provided on this website (including any graphical materials regarding trading strategy performance or P&L) are presented solely for marketing and informational purposes. They do not guarantee any future profits and should not be construed as financial, investment, legal, or other professional advice. Cindicator is not a registered broker-dealer, investment adviser, or regulated financial institution, and the information and services provided do not constitute personal investment advice or a recommendation or offer to buy or sell any securities, cryptocurrencies, or other financial instruments. The information provided herein is summary in nature, does not purport to be complete, and is provided “as is” without any warranty as to its accuracy or completeness. All content may be updated or changed at any time without notice. Past performance is not indicative of future results. To the maximum extent permitted by law, Cindicator (including its directors, officers, and affiliates) shall not be liable for any loss or damage (direct, indirect, special, consequential, or incidental) arising from your use of Cindicator products, this website, or any information contained herein. Please read our Terms of Use for further details. If you do not agree with these terms, please close this site.

Cookie Settings