Optimization Strategymomentum-screen
Run this strategy in workspace
Quant Analysis ResultMomentum ScreenRun Ready

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.

AI Summary

Concentrated five-stock momentum portfolio with strong absolute returns and alpha, but weaker risk-adjusted results than the original screen.

Annualized Return
23.44%
Annualized return
Alpha
7.08%
Active return
Sharpe
1.05
Risk-adjusted return
Beta
0.84
Market sensitivity
Max Drawdown
-26.44%
Maximum drawdown
Top 5
100.00%
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
GOOGLAlphabet Inc.Communication Services20.00%+6.43
AVGOBroadcom Inc.Information Technology20.00%+14.91
MUMicron Technology, Inc.Information Technology20.00%+16.27
WMTWalmart Inc.Consumer Staples20.00%+17.46
XOMExxon Mobil CorporationEnergy20.00%+17.32

Sector Exposure

  • Information Technology40.00%
  • Communication Services20.00%
  • Consumer Staples20.00%
  • Energy20.00%

Weight Changes

Notable position adjustments in the latest snapshot.

  • GOOGLAlphabet Inc.20.00% (+6.43)
  • AVGOBroadcom Inc.20.00% (+14.91)
  • MUMicron Technology, Inc.20.00% (+16.27)
  • WMTWalmart Inc.20.00% (+17.46)
  • XOMExxon Mobil Corporation20.00% (+17.32)

Performance vs Benchmark

Strategy NAV vs benchmark — hover for exact values.

Momentum ScreenBenchmark

Alpha Trend

Excess return vs benchmark over time.

Alpha (positive)Alpha (negative)

Drawdown Trend

Underwater curve and peak drawdown marker.

Max DD: -26.44%(Apr 25)

Turnover Trend

Per-period turnover with average reference.

Avg turnover: 77.11Peak: 160.18

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 -1.70 · Alpha +4.21 · Sharpe -0.16

Recent Periods

Per-period performance vs benchmark.

PeriodStrategyBenchmarkExcessTurnoverTrades
2025-05-31-2.25%3.75%-6.0081.567
2025-06-303.63%2.69%+0.95160.129
2025-07-31-1.71%2.05%-3.7741.226
2025-08-317.00%3.66%+3.3542.896
2025-09-308.69%2.05%+6.6480.557
2025-10-311.49%0.20%+1.3040.786
2025-11-30-1.08%0.99%-2.0741.716
2025-12-311.12%1.47%-0.3640.226
2026-01-312.44%-1.35%+3.7981.727
2026-02-28-3.62%-7.93%+4.316.715
2026-03-318.67%9.42%-0.7580.017
2026-04-308.83%4.11%+4.7290.277

Strategy Q&A

Pre-generated questions and answers about this strategy.

  • momentum13FChat AI

    Did the momentum screen concentrate exposure in a few winners or sectors?

    The current momentum book has top 5 100.00%, top 10 100.00%, top 20 100.00% and sector exposure of Information Technology 40.00%, Communication Services 20.00%, Consumer Staples 20.00%, and Energy 20.00%. Its leading holdings are GOOGL (Alphabet Inc.) 20.00%, AVGO (Broadcom Inc.) 20.00%, MU (Micron Technology, Inc.) 20.00%, and WMT (Walmart Inc.) 20.00%, so the user should decide whether this is diversified momentum or a concentrated bet on a small group of recent winners.

    strategyViews.momentum-screen.concentrationstrategyViews.momentum-screen.sectorWeights

    Compare momentum concentration with baseline concentration and benchmark sector exposure.

  • momentum13FChat AI

    Which recent momentum periods most strongly shaped the result?

    The strongest recent period was 2025-09-30 (8.69% strategy return, 2.05% benchmark, 6.64% excess, 80.55% turnover), while the weakest was 2025-05-31 (-2.25% strategy return, 3.75% benchmark, -6.00% excess, 81.56% turnover). The latest rebalance shows WMT increase to 20.00%; XOM increase to 20.00%; MU increase to 20.00%, which helps reveal whether the model is adding new winners or merely resizing existing leaders.

    strategyViews.momentum-screen.periodPerformancestrategyViews.momentum-screen.latestChanges

    Show recent period performance and holdings changed during the strongest and weakest periods.

  • momentum13FChat AI

    Which names did the momentum screen keep for iShares Trust - iShares Top 20 U.S. Stocks ETF, and what tilt does that create?

    The momentum screen currently emphasizes GOOGL (Alphabet Inc.) 20.00%, AVGO (Broadcom Inc.) 20.00%, MU (Micron Technology, Inc.) 20.00%, WMT (Walmart Inc.) 20.00%, and XOM (Exxon Mobil Corporation) 20.00%. It still overlaps the baseline through AVGO, GOOGL, MU, while sector exposure is Information Technology 40.00%, Communication Services 20.00%, and Consumer Staples 20.00%. That makes the result a momentum-tilted subset rather than a simple copy of the baseline weights.

    strategyViews.momentum-screen.topHoldingsstrategyViews.baseline.topHoldings

    Compare the momentum top holdings with the baseline top holdings and sector allocation.

Other strategies for this fund

This content is for informational and research purposes only and is not investment advice.