| 1 | Long/Short Equity | 100.3919 | +0.39% | $100,391.90 | 47.8% | 18 | 2 | breach | Own the strongest names and short the weakest, so part of the return comes from the spread… |
| 2 | Equity Market Neutral | 100.3247 | +0.32% | $100,324.72 | 93.6% | 20 | 2 | breach | Hold the market's direction at roughly zero -- long book and short book near the same size… |
| 3 | Momentum | 100.1681 | +0.17% | $100,168.13 | 5.0% | 15 | 2 | ok | Stocks that have outperformed over the last 3 to 12 months keep outperforming for a while … |
| 4 | Mean Reversion | 100.1556 | +0.16% | $100,155.61 | 10.0% | 12 | 2 | ok | Short-term moves overshoot. Buy what has been sold off hardest, provided the long-term tre… |
| 5 | Quality Defensive | 100.1052 | +0.11% | $100,105.21 | 10.0% | 16 | 2 | ok | Own businesses whose prices behave well: low volatility, shallow drawdowns, still trending… |
| 6 | Trend Following | 100.0622 | +0.06% | $100,062.17 | 5.0% | 12 | 2 | ok | Hold an asset only while it is above its long-term average. When it breaks below, sell and… |
| 7 | Low Volatility | 100.0426 | +0.04% | $100,042.58 | 5.0% | 18 | 2 | ok | The least volatile stocks have delivered better risk-adjusted returns than the most volati… |
| 8 | Premium Income | 100.0020 | +0.00% | $100,002.04 | 10.0% | 10 | 2 | ok | Equity returns are volatile and uncertain; option premium is smaller but arrives on a sche… |
| 9 | Global Macro | 99.9661 | -0.03% | $99,966.06 | 5.0% | 7 | 2 | ok | Returns come from broad asset classes -- equities, bonds, gold, commodities, currencies, r… |
| 10 | Managed Futures (TSM) | 99.9645 | -0.04% | $99,964.47 | 28.3% | 11 | 2 | ok | Each asset is judged against its own history: long when its 12-month return is positive, f… |
| 11 | MA Crossover (9/20/50) | 99.8237 | -0.18% | $99,823.67 | 22.5% | 10 | 1 | ok | Price averages carry the signal: own a name only while its 9-day EMA rides above its 20-da… |
| 12 | Equal Weight (control) | 99.7465 | -0.25% | $99,746.53 | 5.0% | 20 | 2 | ok | Believes nothing. Holds every eligible name at the same weight and rebalances rarely. Pres… |
| 13 | Size Tilt | 99.6852 | -0.31% | $99,685.16 | 5.0% | 18 | 2 | ok | Smaller companies compensate their holders for being smaller. Tilt toward the lower end of… |