Optimization Strategycombo-equal-screen
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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 consumer discretionary basket with solid long-run returns, but weak risk-adjusted results and deep drawdowns versus SPY.

Annualized Return
12.32%
Annualized return
Alpha
-0.93%
Active return
Sharpe
0.58
Risk-adjusted return
Beta
1.08
Market sensitivity
Max Drawdown
-45.30%
Maximum drawdown
Top 5
71.45%
Top-5 concentration
Top 10
100.03%
Top-10 concentration
Top 20
100.03%
Top-20 concentration

Portfolio Snapshot

Current optimized weights for the selected default session.

SymbolNameSectorWeightDiff
AMZNAmazon.com, Inc.Consumer Discretionary14.29%-13.69
ABNBAirbnb, Inc.Consumer Discretionary14.29%+12.93
GRMNGarmin Ltd.Consumer Discretionary14.29%+13.40
LULUlululemon athletica inc.Consumer Discretionary14.29%+13.97
NVRNVR, Inc.Consumer Discretionary14.29%+13.91
DECKDeckers Outdoor CorporationConsumer Discretionary14.29%+13.96
PHMPulteGroup, Inc.Consumer Discretionary14.29%+13.78

Sector Exposure

  • Consumer Discretionary100.03%

Weight Changes

Notable position adjustments in the latest snapshot.

  • AMZNAmazon.com, Inc.14.29% (-13.69)
  • ABNBAirbnb, Inc.14.29% (+12.93)
  • GRMNGarmin Ltd.14.29% (+13.40)
  • LULUlululemon athletica inc.14.29% (+13.97)
  • NVRNVR, Inc.14.29% (+13.91)
  • DECKDeckers Outdoor Corporation14.29% (+13.96)
  • PHMPulteGroup, Inc.14.29% (+13.78)

Performance vs Benchmark

Strategy NAV vs benchmark — hover for exact values.

Combo Equal ScreenBenchmark

Alpha Trend

Excess return vs benchmark over time.

Alpha (positive)Alpha (negative)

Drawdown Trend

Underwater curve and peak drawdown marker.

Max DD: -45.30%(Mar 20)

Turnover Trend

Per-period turnover with average reference.

Avg turnover: 11.25Peak: 45.66

Strategy Comparison

All four default strategies side-by-side.

StrategyAnnualizedAlphaSharpeMax DD
Baseline12.27%-2.18%0.64-39.39%
Momentum Screen5.05%-6.92%0.34-45.73%
Basic Value Screen1.36%-12.22%0.20-63.90%
Combo Equal Screen12.32%-0.93%0.58-45.30%

vs Baseline: Annualized +0.05 · Alpha +1.25 · Sharpe -0.06

Recent Periods

Per-period performance vs benchmark.

PeriodStrategyBenchmarkExcessTurnoverTrades
2025-05-310.71%3.75%-3.036.298
2025-06-303.62%2.69%+0.9331.889
2025-07-317.99%2.05%+5.944.668
2025-08-31-3.44%3.66%-7.106.818
2025-09-30-7.53%2.05%-9.5825.928
2025-10-310.83%0.20%+0.648.877
2025-11-305.64%0.99%+4.657.277
2025-12-311.28%1.47%-0.198.527
2026-01-313.06%-1.35%+4.416.937
2026-02-28-11.97%-7.93%-4.057.827
2026-03-314.95%9.42%-4.475.747
2026-04-30-5.71%4.11%-9.828.947

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 2025-07-31 (7.99% strategy return, 2.05% benchmark, 5.94% excess, 4.66% turnover), and the weakest was 2026-04-30 (-5.71% strategy return, 4.11% benchmark, -9.82% excess, 8.94% turnover). With return 12.32%, alpha -0.93%, beta 1.08, Sharpe 0.58, Sortino 0.76, and max drawdown -45.30% and turnover around 11.25%, 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

    Which names and sector exposures are driving the combo result?

    The combo basket is led by AMZN (Amazon.com, Inc.) 14.29%, ABNB (Airbnb, Inc.) 14.29%, GRMN (Garmin Ltd.) 14.29%, LULU (lululemon athletica inc.) 14.29%, and NVR 14.29%, with sector exposure of Consumer Discretionary 100.03%. The latest change list shows LULU increase to 14.29%; DECK increase to 14.29%; NVR increase to 14.29%, 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 AMZN (Amazon.com, Inc.) 14.29%, ABNB (Airbnb, Inc.) 14.29%, GRMN (Garmin Ltd.) 14.29%, LULU (lululemon athletica inc.) 14.29%, NVR 14.29%, and DECK (Deckers Outdoor Corporation) 14.29% and delivered return 12.32%, alpha -0.93%, beta 1.08, Sharpe 0.58, Sortino 0.76, and max drawdown -45.30%. Versus baseline, annualized return changed by 0.05%, alpha changed by 1.25%, Sharpe changed by -0.06, Sortino changed by -0.05, drawdown worsened by 5.91%. 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.

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