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

High-conviction equal-weight large-cap portfolio with strong backtest alpha, but concentration and higher beta raise downside risk.

Annualized Return
38.62%
Annualized return
Alpha
12.53%
Active return
Sharpe
1.54
Risk-adjusted return
Beta
1.16
Market sensitivity
Max Drawdown
-22.83%
Maximum drawdown
Top 5
62.50%
Top-5 concentration
Top 10
100.00%
Top-10 concentration
Top 20
100.00%
Top-20 concentration

Portfolio Snapshot

Current optimized weights for the selected default session.

SymbolNameSectorWeightDiff
NVDANVIDIA CorporationInformation Technology12.50%-4.43
GOOGLAlphabet Inc.Communication Services12.50%-1.07
MSFTMicrosoft CorporationInformation Technology12.50%+6.76
AMZNAmazon.com, Inc.Consumer Discretionary12.50%+7.32
COSTCostco Wholesale CorporationConsumer Staples12.50%+10.51
JPMJPMorgan Chase & Co.Financials12.50%+8.88
MUMicron Technology, Inc.Information Technology12.50%+8.77
METAMeta Platforms, Inc.Communication Services12.50%+8.74

Sector Exposure

  • Information Technology37.50%
  • Communication Services25.00%
  • Consumer Discretionary12.50%
  • Consumer Staples12.50%
  • Financials12.50%

Weight Changes

Notable position adjustments in the latest snapshot.

  • NVDANVIDIA Corporation12.50% (-4.43)
  • GOOGLAlphabet Inc.12.50% (-1.07)
  • MSFTMicrosoft Corporation12.50% (+6.76)
  • AMZNAmazon.com, Inc.12.50% (+7.32)
  • COSTCostco Wholesale Corporation12.50% (+10.51)
  • JPMJPMorgan Chase & Co.12.50% (+8.88)
  • MUMicron Technology, Inc.12.50% (+8.77)
  • METAMeta Platforms, Inc.12.50% (+8.74)

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: -22.83%(Apr 25)

Turnover Trend

Per-period turnover with average reference.

Avg turnover: 16.84Peak: 100.00

Strategy Comparison

All four default strategies side-by-side.

StrategyAnnualizedAlphaSharpeMax DD
Baseline25.14%2.87%1.20-21.61%
Momentum Screen23.44%7.08%1.05-26.44%
Basic Value Screen16.82%5.74%1.08-12.97%
Combo Equal Screen38.62%12.53%1.54-22.83%

vs Baseline: Annualized +13.48 · Alpha +9.66 · Sharpe +0.34

Recent Periods

Per-period performance vs benchmark.

PeriodStrategyBenchmarkExcessTurnoverTrades
2025-05-316.47%3.75%+2.726.816
2025-06-303.45%2.69%+0.7628.587
2025-07-31-0.09%2.05%-2.144.707
2025-08-313.80%3.66%+0.154.987
2025-09-302.30%2.05%+0.254.327
2025-10-31-1.02%0.20%-1.227.647
2025-11-301.02%0.99%+0.036.657
2025-12-31-0.20%1.47%-1.6825.018
2026-01-31-6.01%-1.35%-4.657.898
2026-02-28-7.81%-7.93%+0.124.608
2026-03-3119.98%9.42%+10.5628.959
2026-04-306.89%4.11%+2.7812.798

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 NVDA (NVIDIA Corporation) 12.50%, GOOGL (Alphabet Inc.) 12.50%, MSFT (Microsoft Corporation) 12.50%, AMZN (Amazon.com, Inc.) 12.50%, and COST (Costco Wholesale Corporation) 12.50%, with sector exposure of Information Technology 37.50%, Communication Services 25.00%, Consumer Discretionary 12.50%, and Consumer Staples 12.50%. The latest change list shows COST increase to 12.50%; JPM increase to 12.50%; MU increase to 12.50%, 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

    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 2026-03-31 (19.98% strategy return, 9.42% benchmark, 10.56% excess, 28.95% turnover), and the weakest was 2026-01-31 (-6.01% strategy return, -1.35% benchmark, -4.65% excess, 7.89% turnover). With return 38.62%, alpha 12.53%, beta 1.16, Sharpe 1.54, Sortino 2.31, and max drawdown -22.83% and turnover around 16.84%, 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 NVDA (NVIDIA Corporation) 12.50%, GOOGL (Alphabet Inc.) 12.50%, MSFT (Microsoft Corporation) 12.50%, AMZN (Amazon.com, Inc.) 12.50%, COST (Costco Wholesale Corporation) 12.50%, and JPM 12.50% and delivered return 38.62%, alpha 12.53%, beta 1.16, Sharpe 1.54, Sortino 2.31, and max drawdown -22.83%. Versus baseline, annualized return changed by 13.48%, alpha changed by 9.66%, Sharpe changed by 0.34, Sortino changed by 0.66, drawdown worsened by 1.22%. 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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