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
Higher-return version of the screen, but current positioning is extremely concentrated and materially riskier than the original plan.
Portfolio Snapshot
Current optimized weights for the selected default session.
| Symbol | Name | Sector | Weight | Diff |
|---|---|---|---|---|
| AYI | Acuity Inc. | Industrials | 100.00% | +97.01 |
Sector Exposure
- Industrials100.00%
Weight Changes
Notable position adjustments in the latest snapshot.
- AYIAcuity Inc.100.00% (+97.01)
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 | 5.85% | 1.81% | 0.64 | -18.12% |
| Momentum Screen | 6.36% | 0.77% | 0.46 | -32.87% |
| Basic Value Screen | 15.25% | 6.95% | 0.82 | -34.89% |
| Combo Equal Screen | 8.90% | 2.39% | 0.48 | -39.03% |
vs Baseline: Annualized +3.05 · Alpha +0.58 · Sharpe -0.16
Recent Periods
Per-period performance vs benchmark.
| Period | Strategy | Benchmark | Excess | Turnover | Trades |
|---|---|---|---|---|---|
| 2022-12-31 | 13.40% | -0.25% | +13.66 | 8.95 | 3 |
| 2023-03-31 | 7.85% | 7.90% | -0.05 | 50.01 | 4 |
| 2023-06-30 | -6.58% | -1.77% | -4.81 | 40.07 | 5 |
| 2023-09-30 | 10.88% | 10.11% | +0.78 | 46.92 | 6 |
| 2023-12-31 | -8.40% | 4.96% | -13.36 | 33.40 | 6 |
| 2024-03-31 | -4.18% | 2.31% | -6.50 | 9.38 | 6 |
| 2024-06-30 | 10.82% | 9.83% | +0.99 | 28.59 | 7 |
| 2024-09-30 | -15.26% | 2.76% | -18.02 | 82.11 | 7 |
| 2024-12-31 | -4.33% | -3.63% | -0.71 | 45.04 | 5 |
| 2025-03-31 | 12.28% | 9.22% | +3.06 | 111.41 | 5 |
| 2025-06-30 | -5.44% | 4.20% | -9.64 | 66.81 | 3 |
| 2025-09-30 | 2.64% | 1.49% | +1.16 | 68.61 | 4 |
Strategy Q&A
Pre-generated questions and answers about this strategy.
- combo13FChat AI
How did the combo equal-weight screen change portfolio structure versus the baseline?
The combo equal-weight screen changed the portfolio structure dramatically by collapsing it into a single holding in the latest snapshot. The current top holdings list shows only AYI at 100.0% weight, versus the baseline where AYI was just 2.99% and the top 10 together were 57.75%. That means top 5, top 10, and top 20 concentration all equal 100.0%, while sector exposure becomes 100.0% Industrials. So despite the strategy’s stated intent to keep the top 20 names equally weighted, the visible current artifact shows a fully concentrated one-name portfolio rather than a diversified equal-weight basket.
strategyViews.combo-equal-screen.topHoldingsstrategyViews.combo-equal-screen.concentrationstrategyViews.combo-equal-screen.sectorWeightsstrategyViews.baseline.topHoldingsstrategyViews.baseline.concentrationdefaultStrategies↳ Can you explain why the combo equal-weight artifact ended up with AYI at 100% despite the strategy description saying top 20 equal weight?
- combo13FChat AI
Was the combo screen's result driven more by stock selection or by weight redistribution?
The visible artifact suggests the result was driven overwhelmingly by weight redistribution, because the latest combo snapshot concentrates 100% in AYI, which was only 2.99% in the baseline. The active weight difference on AYI is +97.01 pts, while top 5, top 10, and top 20 concentration all equal 100.0%. Performance also improved versus the baseline, with annualized return rising to 8.90% from 5.85% and total return to 64.84% from 39.56%, but the structure change is so extreme that it points much more to a weighting effect than a modest stock-selection tweak. In other words, the artifact’s current state says the combo result is dominated by one huge active bet.
strategyViews.combo-equal-screen.topHoldingsstrategyViews.combo-equal-screen.concentrationstrategyViews.combo-equal-screen.metricsstrategyViews.combo-equal-screen.metricDeltastrategyViews.baseline.metrics↳ Can you decompose the combo screen’s outperformance into the AYI overweight effect versus the rest of the historical stock selection?
- combo13FChat AI
What trade-off should a user understand before choosing the combo equal-weight screen?
The key trade-off is that the combo screen improved return and alpha versus the baseline, but at the cost of far worse drawdown, higher volatility, and an implausibly concentrated current structure. Annualized return rose to 8.90% from 5.85%, total return to 64.84% from 39.56%, and alpha to 2.39 from 1.81. But max drawdown widened to -39.03% from -18.12%, Sharpe fell to 0.48 from 0.64, Sortino fell to 0.67 from 0.88, and the latest artifact shows 100% in AYI with 100% Industrials exposure. So before choosing it, a user has to accept that the higher return came with materially weaker downside control and, in the visible snapshot, extreme concentration risk.
strategyViews.combo-equal-screen.metricsstrategyViews.combo-equal-screen.metricDeltastrategyViews.combo-equal-screen.topHoldingsstrategyViews.combo-equal-screen.sectorWeightsstrategyViews.baseline.metrics↳ Can you compare the combo screen’s worst drawdown windows with the baseline to see whether the extra return was worth the extra concentration risk?
Otras estrategias para este fondo
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.