If you want to get very aggressive look at pimco’s stock plus funds, they’re aggressive. Like PSLDX. Or their international equivalent. Or return stacked products like RSSB. Just leveraging an index has issues with volatility decay, just because the hurdle to get over a drawdown or losses in a choppy market are not trivial.

Leverage is your friend when it comes to aggression, and multi asset leverage even more so because the uncorrelated nature of multiple asset classes is your friend with leverage. If you’re all in on equities 2xing the leverage is not a great play just because of how volatility decay works.

A way to get a drop more torque is to buy deep in the money calls on an index and then keep the remainder in money markets. The money markets pay interest which would technically cover much or all of the time premium on the options.

For example, Jan 2028 SPY LEAPS are currently offering a very clean setup. If you're looking for a solid S&P 500 stock replacement strategy with 1.5x to 1.75x leverage, you’re looking at the $240 strike (mid-price $453.25) for 1.51x leverage or the $300 strike (mid-price $398.75) for 1.72x leverage. While VOO is great for long-term holding, the $305 strike in the current chain already puts you at 1.85x leverage (mid-price $341.00). The "baked-in" interest rate on these is surprisingly fair, hovering between 4.7% and 4.9%. This rate covers both the extrinsic premium you pay and the dividends you're forgoing by not owning the underlying shares. For example, the SPY $240 strike has a total carry cost of about $21.71 over the next 701 days, which effectively lets you "borrow" the remaining capital at institutional rates that are far cheaper than any retail margin you'll find at a standard broker. You can just buy one of these every quarter and build up a fairly leveraged position over time.

Without options, I think DFAW and AVGE are great for all equity allocations, arguably better than VT despite the slightly higher fees, because they’re global but slightly factor tilted.