For the above performance comparison, we built two different equally-weighted portfolios picking stocks from the Top 1,000 USA universe. One portfolio only includes the stocks that received a Smart Score 10 (maximum score) and the other only includes the stocks that received a Smart Score 1 (minimum score).
The portfolios are rebalanced every 90 market days and the performance includes 0,15% costs per transaction. The date of initial investment is January 1, 2017, and the cumulative performance corresponds to November 16, 2020. Our Smart Score rates stocks according to their probability of outperforming the market in 90 days.
The Smart Score performance is based on backtested results. Backtested performance is not an indicator of future actual results.