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%