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

Equal-weight utility-heavy screen with lower market beta and modest optimization gains, but weak SPY-relative efficiency and high sector concentration.

Annualized Return
7.42%
Annualized return
Alpha
0.38%
Active return
Sharpe
0.47
Risk-adjusted return
Beta
0.58
Market sensitivity
Max Drawdown
-35.72%
Maximum drawdown
Top 5
25.00%
Top-5 concentration
Top 10
50.00%
Top-10 concentration
Top 20
100.00%
Top-20 concentration

Portfolio Snapshot

Current optimized weights for the selected default session.

SymbolNameSectorWeightDiff
SOThe Southern CompanyUtilities5.00%-2.31
DUKDuke Energy CorporationUtilities5.00%-1.99
CEGConstellation Energy CorporationUtilities5.00%-1.84
DDominion Energy, Inc.Utilities5.00%+1.18
AEPAmerican Electric Power Company, Inc.Utilities5.00%-0.09
VSTVistra Corp.Utilities5.00%+1.60
ETREntergy CorporationUtilities5.00%+1.35
WECWEC Energy Group, Inc.Utilities5.00%+2.37
EDConsolidated Edison, Inc.Utilities5.00%+2.22
EXCExelon CorporationUtilities5.00%+1.75
PEGPublic Service Enterprise Group IncorporatedUtilities5.00%+2.21
DTEDTE Energy CompanyUtilities5.00%+2.89
NRGNRG Energy, Inc.Utilities5.00%+2.88
ATOAtmos Energy CorporationUtilities5.00%+2.84
AEEAmeren CorporationUtilities5.00%+2.82
CMSCMS Energy CorporationUtilities5.00%+3.39
EIXEdison InternationalUtilities5.00%+3.08
FEFirstEnergy Corp.Utilities5.00%+3.33
AWKAmerican Water Works Company, Inc.Utilities5.00%+3.23
ESEversource EnergyUtilities5.00%+3.19

Sector Exposure

  • Utilities100.00%

Weight Changes

Notable position adjustments in the latest snapshot.

  • SOThe Southern Company5.00% (-2.31)
  • DUKDuke Energy Corporation5.00% (-1.99)
  • CEGConstellation Energy Corporation5.00% (-1.84)
  • DDominion Energy, Inc.5.00% (+1.18)
  • AEPAmerican Electric Power Company, Inc.5.00% (-0.09)
  • VSTVistra Corp.5.00% (+1.60)
  • ETREntergy Corporation5.00% (+1.35)
  • WECWEC Energy Group, Inc.5.00% (+2.37)
  • EDConsolidated Edison, Inc.5.00% (+2.22)
  • EXCExelon Corporation5.00% (+1.75)
  • PEGPublic Service Enterprise Group Incorporated5.00% (+2.21)
  • DTEDTE Energy Company5.00% (+2.89)
  • NRGNRG Energy, Inc.5.00% (+2.88)
  • ATOAtmos Energy Corporation5.00% (+2.84)
  • AEEAmeren Corporation5.00% (+2.82)
  • CMSCMS Energy Corporation5.00% (+3.39)
  • EIXEdison International5.00% (+3.08)
  • FEFirstEnergy Corp.5.00% (+3.33)
  • AWKAmerican Water Works Company, Inc.5.00% (+3.23)
  • ESEversource Energy5.00% (+3.19)

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: -35.72%(Mar 20)

Turnover Trend

Per-period turnover with average reference.

Avg turnover: 11.20Peak: 25.11

Strategy Comparison

All four default strategies side-by-side.

StrategyAnnualizedAlphaSharpeMax DD
Baseline6.89%-0.23%0.44-36.56%
Momentum Screen4.74%-2.39%0.33-37.92%
Basic Value Screen5.52%-1.72%0.37-42.47%
Combo Equal Screen7.42%0.38%0.47-35.72%

vs Baseline: Annualized +0.53 · Alpha +0.61 · Sharpe +0.03

Recent Periods

Per-period performance vs benchmark.

PeriodStrategyBenchmarkExcessTurnoverTrades
2025-05-31-0.67%3.75%-4.4219.7021
2025-06-303.93%2.69%+1.2423.5322
2025-07-31-2.20%2.05%-4.251.9420
2025-08-313.96%3.66%+0.3014.5021
2025-09-300.90%2.05%-1.1513.5721
2025-10-311.70%0.20%+1.503.6220
2025-11-30-1.78%0.99%-2.7713.1021
2025-12-311.39%1.47%-0.0912.2121
2026-01-3111.71%-1.35%+13.063.6720
2026-02-28-2.94%-7.93%+4.992.8120
2026-03-31-0.81%9.42%-10.224.8920
2026-04-30-4.11%4.11%-8.213.4920

Strategy Q&A

Pre-generated questions and answers about this strategy.

  • 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 SO (The Southern Company) 5.00%, DUK (Duke Energy Corporation) 5.00%, CEG (Constellation Energy Corporation) 5.00%, D 5.00%, AEP (American Electric Power Company, Inc.) 5.00%, and VST (Vistra Corp.) 5.00% and delivered return 7.42%, alpha 0.38%, beta 0.58, Sharpe 0.47, Sortino 0.60, and max drawdown -35.72%. Versus baseline, annualized return changed by 0.53%, alpha changed by 0.61%, Sharpe changed by 0.03, Sortino changed by 0.03, drawdown improved by 0.84%. 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

    Which names and sector exposures are driving the combo result?

    The combo basket is led by SO (The Southern Company) 5.00%, DUK (Duke Energy Corporation) 5.00%, CEG (Constellation Energy Corporation) 5.00%, D 5.00%, and AEP (American Electric Power Company, Inc.) 5.00%, with sector exposure of Utilities 100.00%. The latest change list shows CMS increase to 5.00%; FE increase to 5.00%; AWK increase to 5.00%, 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

    How did the combo equal-weight screen change portfolio structure versus the baseline?

    Combo Equal Screen changes structure by selecting SO (The Southern Company) 5.00%, DUK (Duke Energy Corporation) 5.00%, CEG (Constellation Energy Corporation) 5.00%, D 5.00%, AEP (American Electric Power Company, Inc.) 5.00%, VST (Vistra Corp.) 5.00%, ETR (Entergy Corporation) 5.00%, and WEC 5.00%. That produces top 5 25.00%, top 10 50.00%, top 20 100.00% and sector exposure of Utilities 100.00%. Compared with baseline concentration of top 5 40.26%, top 10 58.85%, top 20 83.40%, 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.

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