Portfolio

Last Upload: March 31, 2026

Benchmark Start Date: March 31, 2026

This portfolio represents the top decile (50) companies in the S&P 500 based on a weighted ranking of 5 factors.


The factors are:

Nearness to 52w High (1.0)

1 Month Price Delta (-1.0)

3 Month Price Delta (0.35)

6 Month Price Delta (0.50)

12 Month Price Delta (0.15)


The portfolio is equal weighted and is reconstituted and rebalanced every Quarter.

There is, at present, no regime filter and no take profit or stop loss rules.


Data is delayed and may not always be perfectly accurate. The following is for informative purposes only and does not constitute investment advice. S&P benchmark performance goes from closing price to closing price and is updated after markets close. Other benchmark stats, like Alpha (Ann.) begin calculating 6 days after the benchmark start date.

S&P Relative Strength

Rank ↕ Symbol ↕ Company ↕ Original ↕ Current ↕ Gain/Loss $ ↕ Gain/Loss % ↕ 1M ↕ 3M ↕ 6M ↕ Score
(ON UPLOAD)
Score
(CURRENT)
Δ ↕
1 SNDK Sandisk Corporation $635.34
$2090.71
+$1455.37 +229.07% 27.35% 239.49% 736.02% 5.129 11.426 +6.297
2 CIEN Ciena Corporation $388.23
$479.50
+$91.27 +23.51% -15.90% 19.39% 99.56% 2.321 1.832 -0.489
3 WDC Western Digital Corporation $270.49
$586.45
+$315.96 +116.81% 10.41% 112.99% 226.60% 2.175 2.986 +0.811
4 TER Teradyne, Inc. $296.46
$436.86
+$140.40 +47.36% 14.17% 47.78% 120.05% 1.778 1.910 +0.133
5 FIX Comfort Systems USA, Inc. $1378.99
$1854.23
+$475.24 +34.46% -0.05% 35.67% 93.54% 1.739 1.632 -0.107
6 STX Seagate Technology Holdings plc $391.76
$899.90
+$508.14 +129.71% 2.18% 136.77% 215.46% 1.506 2.745 +1.239
7 ALB Albemarle Corporation $179.53
$133.70
$45.83 -25.53% -24.17% -25.49% -9.97% 1.501 0.437 -1.064
8 GLW Corning Incorporated $135.97
$221.05
+$85.08 +62.57% 20.81% 61.57% 146.54% 1.439 2.142 +0.703
9 MU Micron Technology, Inc. $337.84
$1132.33
+$794.49 +235.17% 22.61% 216.98% 294.98% 1.432 3.942 +2.510
10 MRNA Moderna, Inc. $50.80
$67.27
+$16.47 +32.42% 41.41% 35.73% 105.40% 1.381 1.333 -0.049
11 BG Bunge Global SA $127.20
$110.54
$16.66 -13.10% -10.64% -14.12% 24.64% 1.350 0.673 -0.677
12 GEV GE Vernova Inc. $872.90
$1045.17
+$172.27 +19.74% 4.94% 22.51% 56.62% 1.332 1.119 -0.213
13 TRGP Targa Resources Corp. $250.73
$272.61
+$21.88 +8.73% 4.00% 8.94% 48.38% 1.323 1.223 -0.100
14 ROST Ross Stores, Inc. $216.63
$213.26
$3.37 -1.56% -6.14% 0.74% 17.38% 1.301 0.872 -0.429
15 KEYS Keysight Technologies, Inc. $282.37
$328.66
+$46.29 +16.39% -3.09% 17.77% 60.06% 1.296 1.155 -0.141
16 AMAT Applied Materials, Inc. $341.79
$626.84
+$285.05 +83.40% 39.40% 85.91% 140.37% 1.285 1.737 +0.452
17 PWR Quanta Services, Inc. $549.02
$687.87
+$138.85 +25.29% -5.78% 25.07% 58.65% 1.258 1.148 -0.110
18 DOW Dow Inc. $41.65
$29.04
$12.61 -30.28% -16.48% -28.86% 25.93% 1.248 0.425 -0.823
19 LRCX Lam Research Corporation $213.66
$379.09
+$165.43 +77.43% 19.21% 79.32% 113.78% 1.225 1.845 +0.621
20 HAL Halliburton Company $38.99
$34.21
$4.78 -12.26% -13.02% -15.36% 22.05% 1.224 0.685 -0.540
21 VLO Valero Energy Corporation $247.08
$259.37
+$12.29 +4.97% 5.93% 1.99% 57.70% 1.218 1.270 +0.052
22 XOM Exxon Mobil Corporation $169.66
$136.54
$33.12 -19.52% -7.09% -20.15% 14.53% 1.215 0.485 -0.730
23 CTVA Corteva, Inc. $83.71
$82.62
$1.09 -1.30% 2.51% 0.77% 22.71% 1.206 0.966 -0.240
24 JNJ Johnson & Johnson $244.44
$254.66
+$10.22 +4.18% 10.34% 5.91% 22.56% 1.203 1.134 -0.068
25 CAT Caterpillar Inc. $708.46
$997.47
+$289.01 +40.79% 12.37% 43.44% 70.87% 1.200 1.452 +0.252
26 EQIX Equinix, Inc. $980.24
$1091.30
+$111.06 +11.33% 2.04% 13.32% 43.83% 1.190 1.167 -0.023
27 APA APA Corporation $42.44
$33.01
$9.43 -22.22% -9.64% -25.64% 35.51% 1.187 0.597 -0.589
28 MRK Merck & Co., Inc. $120.29
$128.66
+$8.37 +6.96% 7.32% 7.55% 20.86% 1.179 1.160 -0.019
29 EIX Edison International $73.18
$75.67
+$2.49 +3.40% 7.67% 7.64% 25.91% 1.174 1.145 -0.029
30 WBD Warner Bros. Discovery, Inc. $27.46
$26.74
$0.72 -2.62% -1.11% -1.22% -8.52% 1.171 0.819 -0.351
31 SLB SLB N.V. $51.39
$47.00
$4.39 -8.54% -14.73% -12.15% 23.78% 1.170 0.718 -0.452
32 ETR Entergy Corporation $112.36
$115.91
+$3.55 +3.16% 5.74% 5.49% 25.08% 1.165 1.114 -0.052
33 TPL Texas Pacific Land Corporation $474.56
$395.79
$78.77 -16.60% -1.38% -22.66% 33.71% 1.161 0.402 -0.760
34 FDX FedEx Corporation $356.18
$318.53
$37.65 -10.57% -3.91% 14.92% 33.59% 1.160 1.096 -0.064
35 COP ConocoPhillips $132.00
$105.96
$26.04 -19.73% -7.85% -20.81% 15.42% 1.157 0.478 -0.679
36 ADM Archer-Daniels-Midland Company $72.69
$76.79
+$4.10 +5.64% -4.06% 6.31% 32.90% 1.151 0.949 -0.202
37 JBHT J.B. Hunt Transport Services, Inc. $211.90
$280.30
+$68.40 +32.28% 2.85% 36.34% 41.36% 1.122 1.278 +0.156
38 DVN Devon Energy Corporation $50.32
$42.21
$8.11 -16.12% -4.31% -18.94% 16.60% 1.111 0.523 -0.588
39 BMY Bristol-Myers Squibb Company $60.65
$57.52
$3.13 -5.16% 1.07% -1.74% 5.14% 1.108 0.753 -0.354
40 FANG Diamondback Energy, Inc. $197.79
$179.91
$17.88 -9.04% -7.33% -10.87% 22.46% 1.100 0.676 -0.424
41 CVX Chevron Corporation $206.90
$171.06
$35.84 -17.32% -6.54% -18.99% 13.66% 1.099 0.501 -0.599
42 OXY Occidental Petroleum Corporation $65.00
$49.99
$15.01 -23.09% -12.79% -23.47% 24.98% 1.099 0.495 -0.605
43 CTRA Coterra Energy Inc. $35.14
$32.56
$2.58 -7.34% -2.69% 7.42% 25.96% 1.099 0.909 -0.190
44 SRE Sempra $97.17
$94.27
$2.90 -2.98% 4.71% -1.68% 6.11% 1.097 0.790 -0.307
45 LYB LyondellBasell Industries N.V. $80.56
$55.73
$24.83 -30.82% -18.46% -30.73% 30.00% 1.096 0.420 -0.675
46 NEE NextEra Energy, Inc. $92.88
$88.56
$4.32 -4.65% 1.50% -3.11% 10.08% 1.094 0.720 -0.374
47 HOLX Hologic, Inc. $75.59
$76.01
+$0.42 +0.56% 0.56% 1.47% 12.87% 1.088 1.091 +0.003
48 PSX Phillips 66 $182.18
$171.65
$10.53 -5.78% -2.86% -8.83% 33.67% 1.083 0.881 -0.202
49 MPC Marathon Petroleum Corporation $244.18
$254.06
+$9.88 +4.05% 1.09% 0.85% 53.30% 1.076 1.079 +0.003
50 KMI Kinder Morgan, Inc. $33.53
$33.19
$0.34 -1.01% 4.01% -2.47% 22.07% 1.073 0.922 -0.151

Additional Information & FAQ

Why nearness to 52w high?

There are a number of white papers that analyze the predictive power of stocks at and making new 52 week highs and lows. The results seemed convincing enough to me to merit its inclusion as a scored factor in my strategy. In the past I have tried to use the proximity to the 52 week high as my only indicator but the results were unimpressive. Adding additional momentum factors seems to have improved on the strategy that relied solely on the 52 week high.


See:

https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2797149

https://www.bauer.uh.edu/tgeorge/papers/gh4-paper.pdf


Why assign a negative score to 1 month price delta?

There is evidence to suggest that momentum is mean reverting in the near term (about 4 weeks) and over the intermediate term (about 52 weeks). Though I assign a low value to the 12 month price delta, I wanted to neutralize the most recent 1 month of price returns by assigning it a negative score. If a stock shoots up 100% in one month, I subtract out that performance from the score. I want persistent momentum over the 3 to 6 month term. Most funds that employ momentum strategies typically do the same by employing 12-1 or 6-1 which just means they look at the 12 month performance and subtract out the most recent 1 month performance.


See:

https://www.bauer.uh.edu/rsusmel/phd/jegadeesh-titman93.pdf [p 85-86]


Why equal weighting?

I have considered some options like accounting for volatility to weight holdings. There are a few reasons I have not yet pursued a more complex portfolio construction methodology.


  1. I am still young and far from retirement. Even if the returns are volatile, I want maximal absolute returns and am not as concerned about the sequence of returns risk that would hurt me in retirement.
  2. I am not sure a complex construction strategy will actually do much to improve my results. If I underweight a holding that doubles or triples in a quarter but overweight something else that flounders just because one is more volatile than the other, I have hurt my overall results.
  3. My broker kind of sucks a little and doesn't handle allocations that aren't in 1% increments. That said, it is also very easy to reconstruct the portfolio with them and equal weighting is very simple. It also means I already overweight practically every holding relative the the S&P anyway.