Combo Equal Screen
Filter for large-cap, quality, and low-leverage holdings, rank by composite quality/value/size score, keep the top 20 names, and equal-weight the selected names.
AI Summary
Concentrated equal-weight screen delivered solid long-run returns with lower beta, but drawdowns and single-name risk remain high.
Portfolio Snapshot
Current optimized weights for the selected default session.
| Symbol | Name | Sector | Weight | Diff |
|---|---|---|---|---|
| CVNA | Carvana Co. | Consumer Discretionary | 20.00% | -63.25 |
| HGV | Hilton Grand Vacations Inc. | Consumer Discretionary | 20.00% | +9.82 |
| COF | Capital One Financial Corporation | Financials | 20.00% | +13.95 |
| CDLX | Cardlytics, Inc. | Communication Services | 20.00% | +19.74 |
| SWIM | Latham Group, Inc. | Consumer Discretionary | 20.00% | +19.74 |
Sector Exposure
- Consumer Discretionary60.00%
- Financials20.00%
- Communication Services20.00%
Weight Changes
Notable position adjustments in the latest snapshot.
- CVNACarvana Co.20.00% (-63.25)
- HGVHilton Grand Vacations Inc.20.00% (+9.82)
- COFCapital One Financial Corporation20.00% (+13.95)
- CDLXCardlytics, Inc.20.00% (+19.74)
- SWIMLatham Group, Inc.20.00% (+19.74)
Performance vs Benchmark
Strategy NAV vs benchmark — hover for exact values.
Alpha Trend
Excess return vs benchmark over time.
Drawdown Trend
Underwater curve and peak drawdown marker.
Turnover Trend
Per-period turnover with average reference.
Strategy Comparison
All four default strategies side-by-side.
| Strategy | Annualized | Alpha | Sharpe | Max DD |
|---|---|---|---|---|
| Baseline | 11.98% | 10.43% | 0.53 | -74.71% |
| Momentum Screen | 24.41% | 34.20% | 0.72 | -83.47% |
| Basic Value Screen | -12.86% | -12.14% | 0.09 | -96.45% |
| Combo Equal Screen | 12.47% | 6.40% | 0.63 | -51.07% |
vs Baseline: Annualized +0.49 · Alpha -4.03 · Sharpe +0.10
Recent Periods
Per-period performance vs benchmark.
| Period | Strategy | Benchmark | Excess | Turnover | Trades |
|---|---|---|---|---|---|
| 2023-03-31 | 50.14% | 7.90% | +42.24 | 4.00 | 2 |
| 2023-06-30 | -5.90% | -1.77% | -4.13 | 28.31 | 2 |
| 2023-09-30 | 13.96% | 10.11% | +3.85 | 3.32 | 2 |
| 2023-12-31 | 21.84% | 4.96% | +16.88 | 9.17 | 2 |
| 2024-03-31 | 2.25% | 2.31% | -0.06 | 16.90 | 2 |
| 2024-06-30 | 17.46% | 9.83% | +7.63 | 3.91 | 2 |
| 2024-09-30 | 3.50% | 2.76% | +0.74 | 9.90 | 2 |
| 2024-12-31 | 0.97% | -3.63% | +4.59 | 4.50 | 2 |
| 2025-03-31 | 5.47% | 9.22% | -3.75 | 2.32 | 2 |
| 2025-06-30 | -1.78% | 4.20% | -5.98 | 2.85 | 2 |
| 2025-09-30 | 1.02% | 1.46% | -0.44 | 5.25 | 2 |
| 2025-12-31 | -18.52% | 9.57% | -28.08 | 6.01 | 2 |
Strategy Q&A
Pre-generated questions and answers about this strategy.
- combo13FChat AI
Which names and sector exposures are driving the combo result?
The combo basket is led by CVNA (Carvana Co.) 20.00%, HGV (Hilton Grand Vacations Inc.) 20.00%, COF (Capital One Financial Corporation) 20.00%, CDLX (Cardlytics, Inc.) 20.00%, and SWIM (Latham Group, Inc.) 20.00%, with sector exposure of Consumer Discretionary 60.00%, Financials 20.00%, and Communication Services 20.00%. The latest change list shows CVNA decrease to 20.00%; CDLX increase to 20.00%; SWIM increase to 20.00%, so the user should inspect whether these are desirable active bets or just mechanical consequences of the screen.
strategyViews.combo-equal-screen.topHoldingsstrategyViews.combo-equal-screen.latestChanges↳ Review the combo basket's top sector bets, increased names, and reduced baseline names.
- combo13FChat AI
Was the combo screen's result driven more by stock selection or by weight redistribution?
The combo result appears to be a mix of stock selection and weight redistribution. It selected CVNA (Carvana Co.) 20.00%, HGV (Hilton Grand Vacations Inc.) 20.00%, COF (Capital One Financial Corporation) 20.00%, CDLX (Cardlytics, Inc.) 20.00%, and SWIM (Latham Group, Inc.) 20.00% and delivered return 12.47%, alpha 6.40%, beta 0.56, Sharpe 0.63, Sortino 0.88, and max drawdown -51.07%. Versus baseline, annualized return changed by 0.49%, alpha changed by -4.03%, Sharpe changed by 0.10, Sortino changed by 0.31, drawdown improved by 23.65%. The selected-name list and changed weights are the first places to check whether performance came from better stocks or simply different sizing.
strategyViews.combo-equal-screen.topHoldingsstrategyViews.combo-equal-screen.metrics↳ Separate the combo result into selected names, weight changes, and return contribution.
- combo13FChat AI
What trade-off should a user understand before choosing the combo equal-weight screen?
The trade-off is that Combo Equal Screen may improve or smooth the original portfolio, but it can also discard meaningful manager sizing. The best period was 2023-03-31 (50.14% strategy return, 7.90% benchmark, 42.24% excess, 4.00% turnover), and the weakest was 2025-12-31 (-18.52% strategy return, 9.57% benchmark, -28.08% excess, 6.01% turnover). With return 12.47%, alpha 6.40%, beta 0.56, Sharpe 0.63, Sortino 0.88, and max drawdown -51.07% and turnover around 9.43%, the screen should be chosen only if the user prefers the rules-based basket over the original concentration pattern.
strategyViews.combo-equal-screen.periodPerformancestrategyViews.combo-equal-screen.metrics↳ Stress-test the combo screen under higher trading cost, weaker sector leadership, and larger drawdowns.
Other strategies for this fund
Baseline
Track disclosed holdings with the standard reporting lag and no active reweighting.
Momentum Screen
Select holdings by historically observable momentum, targeting roughly one quarter of each period's original member count and no more than 20 names; when a period has over 100 members, pre-rank to the top 50 first.
Basic Value Screen
Select holdings using PE, PB, P/FCF, and EV/EBITDA, targeting roughly one quarter of each period's original member count and no more than 20 names; when a period has over 100 members, pre-rank to the top 50 first.