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
High-conviction equal-weight screen with stronger returns and alpha than the original plan, but very deep drawdowns and concentration risk remain.
Portfolio Snapshot
Current optimized weights for the selected default session.
| Symbol | Name | Sector | Weight | Diff |
|---|---|---|---|---|
| META | Meta Platforms, Inc. | Communication Services | 25.00% | +0.01 |
| GOOGL | Alphabet Inc. | Communication Services | 25.00% | +22.19 |
| SPOT | Spotify Technology S.A. | Communication Services | 25.00% | +24.93 |
| MSFT | Microsoft Corporation | Information Technology | 25.00% | +22.18 |
Sector Exposure
- Communication Services75.00%
- Information Technology25.00%
Weight Changes
Notable position adjustments in the latest snapshot.
- METAMeta Platforms, Inc.25.00% (+0.01)
- GOOGLAlphabet Inc.25.00% (+22.19)
- SPOTSpotify Technology S.A.25.00% (+24.93)
- MSFTMicrosoft Corporation25.00% (+22.18)
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 | 10.60% | -3.23% | 0.47 | -58.55% |
| Momentum Screen | 53.18% | 39.81% | 1.02 | -53.47% |
| Basic Value Screen | 14.77% | 5.30% | 0.54 | -60.53% |
| Combo Equal Screen | 16.01% | 2.74% | 0.58 | -76.74% |
vs Baseline: Annualized +5.41 · Alpha +5.97 · Sharpe +0.11
Recent Periods
Per-period performance vs benchmark.
| Period | Strategy | Benchmark | Excess | Turnover | Trades |
|---|---|---|---|---|---|
| 2023-03-31 | 26.28% | 7.90% | +18.38 | 0.00 | 0 |
| 2023-06-30 | 7.51% | -1.77% | +9.28 | 0.00 | 0 |
| 2023-09-30 | 26.55% | 10.11% | +16.44 | 100.00 | 2 |
| 2023-12-31 | 2.38% | 4.96% | -2.58 | 8.06 | 2 |
| 2024-03-31 | 5.86% | 2.31% | +3.55 | 2.92 | 2 |
| 2024-06-30 | -4.87% | 9.83% | -14.70 | 3.82 | 2 |
| 2024-09-30 | 9.65% | 2.76% | +6.89 | 66.67 | 3 |
| 2024-12-31 | 4.66% | -3.63% | +8.28 | 50.09 | 4 |
| 2025-03-31 | 5.26% | 9.22% | -3.96 | 11.68 | 4 |
| 2025-06-30 | 1.06% | 4.20% | -3.14 | 40.02 | 5 |
| 2025-09-30 | -10.71% | 1.46% | -12.18 | 20.17 | 5 |
| 2025-12-31 | 8.51% | 9.57% | -1.06 | 67.84 | 5 |
Strategy Q&A
Pre-generated questions and answers about this strategy.
- 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 (26.28% strategy return, 7.90% benchmark, 18.38% excess, 0.00% turnover), and the weakest was 2024-06-30 (-4.87% strategy return, 9.83% benchmark, -14.70% excess, 3.82% turnover). With return 16.01%, alpha 2.74%, beta 1.25, Sharpe 0.58, Sortino 0.73, and max drawdown -76.74% and turnover around 36.05%, 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.
- 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 META (Meta Platforms, Inc.) 25.00%, GOOGL (Alphabet Inc.) 25.00%, SPOT (Spotify Technology S.A.) 25.00%, and MSFT (Microsoft Corporation) 25.00% and delivered return 16.01%, alpha 2.74%, beta 1.25, Sharpe 0.58, Sortino 0.73, and max drawdown -76.74%. Versus baseline, annualized return changed by 5.41%, alpha changed by 5.97%, Sharpe changed by 0.11, Sortino changed by 0.13, drawdown worsened by 18.19%. 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
How did the combo equal-weight screen change portfolio structure versus the baseline?
Combo Equal Screen changes structure by selecting META (Meta Platforms, Inc.) 25.00%, GOOGL (Alphabet Inc.) 25.00%, SPOT (Spotify Technology S.A.) 25.00%, and MSFT (Microsoft Corporation) 25.00%. That produces top 5 100.00%, top 10 100.00%, top 20 100.00% and sector exposure of Communication Services 75.00%, and Information Technology 25.00%. Compared with baseline concentration of top 5 94.60%, top 10 100.00%, top 20 100.00%, this is less about copying original sizing and more about testing a cleaner rules-based basket.
strategyViews.combo-equal-screen.topHoldingsstrategyViews.combo-equal-screen.concentration↳ Compare combo weights with Baseline weights and identify the largest reallocations.
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.