Paper Capital — compare

Identical starting capital · same market · the only variable is the belief

NAV per unit

100.3999.69■ crossover ■ equalweight ■ longshort ■ lowvol ■ macro ■ momentum ■ neutral ■ premium ■ quality ■ reversion ■ size ■ trend ■ tsmom

Side by side

FundNAV ReturnValueLong ShortNetCash VolMaxDDDays Exposure
Long/Short Equity100.3919+0.39%$100,391.9072%20%+52%48%—+0.00%2
72% long · 20% short · 48% cash · net +52%
Equity Market Neutral100.3247+0.32%$100,324.7240%34%+6%94%—+0.00%2
40% long · 34% short · 94% cash · net +6%
Momentum100.1681+0.17%$100,168.1395%0%+95%5%—+0.00%2
95% long · 0% short · 5% cash · net +95%
Mean Reversion100.1556+0.16%$100,155.6190%0%+90%10%—+0.00%2
90% long · 0% short · 10% cash · net +90%
Quality Defensive100.1052+0.11%$100,105.2190%0%+90%10%—+0.00%2
90% long · 0% short · 10% cash · net +90%
Trend Following100.0622+0.06%$100,062.1795%0%+95%5%—+0.00%2
95% long · 0% short · 5% cash · net +95%
Low Volatility100.0426+0.04%$100,042.5895%0%+95%5%—+0.00%2
95% long · 0% short · 5% cash · net +95%
Premium Income100.0020+0.00%$100,002.0490%0%+90%10%—+0.00%2
90% long · 0% short · 10% cash · net +90%
Global Macro99.9661-0.03%$99,966.0695%0%+95%5%—-0.01%2
95% long · 0% short · 5% cash · net +95%
Managed Futures (TSM)99.9645-0.04%$99,964.4795%23%+72%28%—-0.02%2
95% long · 23% short · 28% cash · net +72%
MA Crossover (9/20/50)99.8237-0.18%$99,823.6777%0%+77%23%—+0.00%1
77% long · 0% short · 23% cash · net +77%
Equal Weight (control)99.7465-0.25%$99,746.5395%0%+95%5%—-0.20%2
95% long · 0% short · 5% cash · net +95%
Size Tilt99.6852-0.31%$99,685.1695%0%+95%5%—-0.27%2
95% long · 0% short · 5% cash · net +95%