AI picks, backtested.

A point-in-time portfolio drawn only from the QuantRank 8-pillar composite — the AI sizes its own basket each quarter, holding every pick that scores ≥65 (at least 5 names, no cap), inverse-volatility weighted.

View the full rankingRankings updated 2026-09-05T00:47:59Z

Validation gates · how we know it isn’t luck

Deflated Sharpe · 16-trial correction — Φ=0.99999PASSPBO 0.19 (12 configs, 16 splits) — PASSOOS holdout: held — test +19.5% vs bmark +15.6% / Sharpe 0.82Walk-fwd Sharpe 1.42–1.84

Selection footprint

The adaptive book's lead over the best fixed-N basket (by_count[8]) is approximately +81.9pp (~9% of total return). This excess is a tuning artifact from the in-sample grid sweep and is NOT out-of-sample confirmed. A positive DSR and Phi(DSR) >= 0.95 are necessary but not sufficient for OOS confirmation — the OOS-confirmation step requires a fresh live rebalance window not used during threshold selection.

Methodology caveats — weak-floor holdout + PBO correlation

OOS caveat: Purged-embargo holdout: winner selected on legs 0..29 (train Sharpe), evaluated on legs 31..39 (9 legs). Leg 30 purged; no separate embargo band required for a chronological train-before-test split (no train data follows the test set). WEAK FLOOR: 9 test legs is a minimal sample — a collapse (test_sharpe < 0 or trailing benchmark) FALSIFIES the config's forward edge; a positive read is encouraging but NOT proof. CPCV (full combinatorial purged cross-validation) is deferred pending longer OOS window. The holdout test set was NOT used during threshold selection (in_sample=False).

PBO note: The 12 configs share composite_min ∈ {55,60,65,70} × floor ∈ {1,3,5}. Columns are INTERNALLY CORRELATED: configs with similar thresholds (e.g. 65_1, 65_3, 65_5) select overlapping books and will have correlated return series. The CSCV PBO assumes independent strategies — a low PBO from near-duplicate columns over-states independence and MUST NOT be over-read as strong evidence. Treat the PBO as a structural-correlation diagnostic, not a standalone inferential gate.

AI pick · adaptive basket · net of cost

+878.6%

since 2016-08-15 · 41 quarterly rebalances

SPY

+314.3%

+564.4% vs index

Outperformance

+564.4%

AI net − SPY

AI-sized basket — this quarter 6 names (every pick scoring ≥65 enters; holdings stay while ≥55 (reduces unnecessary turnover); min 5, no cap). Replays all 7 live defense vetoes point-in-time— a closer proxy to the live product, but still not identical.

Compare with

$invested at window start

AI pick · adaptive (net)$98k+878.6%

SPY$41k+314.3%

Gross

+900.1%

Net (10bps)

+878.6%

Net (25bps)

+847.3%

Current picks

as of 2026-08-14

AI-sized basket — 6 stocks this quarter, inverse-volatility weighted. Top sector: Financials — 3 of 6. Your return = money-weighted return (MWR) since each holding entered the basket — accounts for the timing of rebalance adds and trims.

#StatusTickerSectorYour returnWeight

1HeldACGLFinancials25.3%
2HeldSYFFinancials18.3%
3HeldIBKRFinancials15.5%
4NewDECKConsumer Discretionary15.2%
5HeldLULUConsumer Discretionary13.6%
6HeldAPAEnergy12.1%
7SoldALLFinancials—

Annual returns

Calendar-year backtest return — AI pick · adaptive (net of cost) vs SPY.

Year	AI pick · adaptive	SPY
2016	+5.65%	+3.15%
2017	+22.43%	+21.70%
2018	+8.61%	−4.56%
2019	+36.62%	+31.22%
2020	+48.87%	+18.33%
2021	+47.11%	+28.73%
2022	−5.10%	−18.18%
2023	+34.17%	+26.18%
2024	+29.55%	+24.89%
2025	+15.36%	+17.72%
2026	+22.36%	+13.98%
CAGR	+25.48%	+15.19%

CAGR = compound annual growth over the 10.1-year backtest window (2016-08-15 → 2026-09-03). Backtest = raw top-by-composite picks, point-in-time — replays all 7 live defense vetoes point-in-time; still not the full live product. Backtest universe: S&P 500 only (the cohort with a point-in-time survivorship ledger, 2016–present) — narrower than the S&P 1500 currently ranked on the site. * Partial year — since inception (2016-08-15), not a full calendar year.

Performance

Trailing-period backtest return — AI pick · adaptive (net of cost) vs SPY.

Period	AI pick · adaptive	SPY
1 Month	+1.23%	+2.04%
3 Month	+12.41%	+2.77%
6 Month	+11.09%	+14.25%
9 Month	+26.19%	+13.99%
YTD	+22.36%	+13.98%
1 Year	+31.06%	+21.44%
3 Year	+104.06%	+77.87%
5 Year	+160.60%	+82.58%
7 Year	+487.01%	+194.53%
10 Year	+879.72%	+315.66%
Total return	+878.64%	+314.29%

Trailing-period total return derived from the backtest NAV series (2016-08-15 → 2026-09-03). Backtest = raw top-by-composite picks, point-in-time — replays all 7 live defense vetoes point-in-time; still not the full live product. Backtest universe: S&P 500 only (the cohort with a point-in-time survivorship ledger, 2016–present) — narrower than the S&P 1500 currently ranked on the site.

Rotation history

41 quarterly rebalances

~2.2 names rotate each quarter — the AI re-sizes the basket each quarter

Total return−0.6%
Weighted by holding size — the blended return of every "Your return" below, since each stock was bought.
#StatusTickerSectorYour returnWeight
1. 1HeldACGLFinancials+4.5%25.3%
2. 2HeldSYFFinancials+10.8%18.3%
3. 3HeldIBKRFinancials+7.0%15.5%
4. 4NewDECKConsumer Discretionary−9.2%15.2%
5. 5HeldLULUConsumer Discretionary−37.8%13.6%
6. 6HeldAPAEnergy+14.9%12.1%
7. 7SoldALLFinancials+20.9%—
Total return+4.2%
Weighted by holding size — the blended return of every "Your return" below, since each stock was bought.
#StatusTickerSectorYour returnWeight
1. 1HeldACGLFinancials+3.1%25.6%
2. 2NewALLFinancials+20.9%23.0%
3. 3HeldSYFFinancials+12.9%15.5%
4. 4NewIBKRFinancials+5.9%13.2%
5. 5HeldLULUConsumer Discretionary−39.7%11.9%
6. 6NewAPAEnergy+4.6%10.8%
7. 7SoldCFMaterials+91.6%—
8. 8SoldKLACInformation Technology+732.2%—
Total return+100.5%
Weighted by holding size — the blended return of every "Your return" below, since each stock was bought.
#StatusTickerSectorYour returnWeight
1. 1HeldACGLFinancials−3.1%31.2%
2. 2HeldCFMaterials+91.6%21.2%
3. 3HeldSYFFinancials−1.4%20.1%
4. 4HeldLULUConsumer Discretionary−41.4%15.4%
5. 5HeldKLACInformation Technology+732.2%12.1%
6. 6SoldHSTReal Estate+28.8%—
7. 7SoldDECKConsumer Discretionary−27.0%—
8. 8SoldDVAHealth Care−5.8%—
Total return+64.4%
Weighted by holding size — the blended return of every "Your return" below, since each stock was bought.
#StatusTickerSectorYour returnWeight
1. 1HeldACGLFinancials+5.6%17.9%
2. 2HeldHSTReal Estate+28.8%16.0%
3. 3HeldSYFFinancials−1.8%15.2%
4. 4HeldDVAHealth Care−5.8%12.5%
5. 5HeldCFMaterials+28.4%12.5%
6. 6HeldKLACInformation Technology+596.0%9.7%
7. 7NewLULUConsumer Discretionary+3.4%8.3%
8. 8HeldDECKConsumer Discretionary−27.0%7.9%
9. 9SoldHALEnergy+29.8%—
10. 10SoldSTLDMaterials+61.2%—
11. 11SoldBLDRIndustrials−45.8%—
Total return+38.7%
Weighted by holding size — the blended return of every "Your return" below, since each stock was bought.
#StatusTickerSectorYour returnWeight
1. 1HeldACGLFinancials−1.3%14.7%
2. 2HeldDVAHealth Care−22.6%12.1%
3. 3HeldCFMaterials+14.5%11.8%
4. 4NewHSTReal Estate+11.4%11.6%
5. 5HeldSTLDMaterials+61.2%9.8%
6. 6NewSYFFinancials+0.8%9.4%
7. 7HeldKLACInformation Technology+436.0%8.4%
8. 8HeldHALEnergy+29.8%8.2%
9. 9HeldBLDRIndustrials−45.8%7.5%
10. 10HeldDECKConsumer Discretionary−47.3%6.5%
11. 11SoldLRCXInformation Technology+55.8%—
Total return+34.3%
Weighted by holding size — the blended return of every "Your return" below, since each stock was bought.
#StatusTickerSectorYour returnWeight
1. 1NewACGLFinancials−2.2%16.5%
2. 2HeldDVAHealth Care−14.6%13.7%
3. 3HeldCFMaterials+13.4%12.9%
4. 4HeldSTLDMaterials+31.6%11.5%
5. 5HeldBLDRIndustrials−28.4%10.4%
6. 6NewHALEnergy+2.3%9.6%
7. 7HeldKLACInformation Technology+351.1%9.2%
8. 8HeldLRCXInformation Technology+55.8%8.2%
9. 9HeldDECKConsumer Discretionary−35.7%8.0%
10. 10SoldTSCOConsumer Discretionary+205.7%—
Total return+67.1%
Weighted by holding size — the blended return of every "Your return" below, since each stock was bought.
#StatusTickerSectorYour returnWeight
1. 1HeldTSCOConsumer Discretionary+205.7%16.5%
2. 2HeldCFMaterials+15.0%13.7%
3. 3NewDVAHealth Care−8.8%13.0%
4. 4HeldBLDRIndustrials−44.9%12.7%
5. 5HeldSTLDMaterials+40.0%12.0%
6. 6HeldKLACInformation Technology+278.6%11.8%
7. 7HeldLRCXInformation Technology+21.9%10.8%
8. 8HeldDECKConsumer Discretionary−21.5%9.5%
9. 9SoldAVGOInformation Technology+371.3%—
10. 10SoldNFLXCommunication Services+95.6%—
11. 11SoldSMCIInformation Technology−17.5%—
Total return+108.9%
Weighted by holding size — the blended return of every "Your return" below, since each stock was bought.
#StatusTickerSectorYour returnWeight
1. 1HeldTSCOConsumer Discretionary+278.8%15.4%
2. 2HeldCFMaterials+9.0%14.8%
3. 3HeldNFLXCommunication Services+95.6%14.0%
4. 4HeldSTLDMaterials+44.1%10.3%
5. 5HeldDECKConsumer Discretionary−1.0%10.1%
6. 6HeldBLDRIndustrials−15.2%9.3%
7. 7HeldAVGOInformation Technology+371.3%7.6%
8. 8HeldLRCXInformation Technology+19.1%7.5%
9. 9HeldKLACInformation Technology+269.3%7.2%
10. 10HeldSMCIInformation Technology−17.5%3.8%
11. 11SoldWRBFinancials+14.7%—
Total return+81.7%
Weighted by holding size — the blended return of every "Your return" below, since each stock was bought.
#StatusTickerSectorYour returnWeight
1. 1HeldWRBFinancials+14.7%13.9%
2. 2HeldTSCOConsumer Discretionary+281.7%12.5%
3. 3HeldNFLXCommunication Services+53.2%12.0%
4. 4HeldSTLDMaterials+47.1%11.8%
5. 5HeldCFMaterials+15.2%10.8%
6. 6HeldDECKConsumer Discretionary+19.4%8.1%
7. 7HeldKLACInformation Technology+216.1%7.2%
8. 8HeldLRCXInformation Technology+6.9%7.1%
9. 9HeldAVGOInformation Technology+244.6%6.4%
10. 10HeldBLDRIndustrials+7.6%6.3%
11. 11NewSMCIInformation Technology−68.8%3.9%
12. 12SoldCOFFinancials+0.2%—
13. 13SoldLYBMaterials+3.2%—
Total return+67.0%
Weighted by holding size — the blended return of every "Your return" below, since each stock was bought.
#StatusTickerSectorYour returnWeight
1. 1HeldLYBMaterials+3.2%13.3%
2. 2HeldTSCOConsumer Discretionary+265.7%11.2%
3. 3NewWRBFinancials+10.5%10.4%
4. 4HeldCOFFinancials+0.2%10.3%
5. 5NewCFMaterials+7.7%9.1%
6. 6HeldSTLDMaterials+16.3%8.7%
7. 7HeldLRCXInformation Technology+20.6%6.9%
8. 8HeldNFLXCommunication Services+14.3%6.7%
9. 9HeldKLACInformation Technology+297.2%6.5%
10. 10NewDECKConsumer Discretionary+1.7%6.0%
11. 11HeldAVGOInformation Technology+206.2%5.9%
12. 12NewBLDRIndustrials−6.6%5.0%
13. 13SoldANETInformation Technology+22.7%—
14. 14SoldDVAHealth Care+11.7%—
15. 15SoldCEMaterials+41.0%—
16. 16SoldFANGEnergy+39.9%—
Total return+79.8%
Weighted by holding size — the blended return of every "Your return" below, since each stock was bought.
#StatusTickerSectorYour returnWeight
1. 1HeldLYBMaterials+6.9%14.2%
2. 2HeldTSCOConsumer Discretionary+299.8%9.4%
3. 3HeldFANGEnergy+39.9%9.3%
4. 4HeldCEMaterials+41.0%8.8%
5. 5HeldSTLDMaterials+41.4%8.8%
6. 6NewCOFFinancials+7.3%8.5%
7. 7HeldKLACInformation Technology+278.1%7.8%
8. 8HeldLRCXInformation Technology+34.0%7.7%
9. 9HeldAVGOInformation Technology+162.3%7.6%
10. 10NewNFLXCommunication Services+5.9%6.2%
11. 11NewANETInformation Technology+22.7%6.1%
12. 12NewDVAHealth Care+11.7%5.6%
13. 13SoldBLDRIndustrials+39.1%—
14. 14SoldWRBFinancials+20.7%—
15. 15SoldTPRConsumer Discretionary+46.6%—
16. 16SoldMMMIndustrials−22.1%—
Total return+61.6%
Weighted by holding size — the blended return of every "Your return" below, since each stock was bought.
#StatusTickerSectorYour returnWeight
1. 1NewWRBFinancials+20.7%12.0%
2. 2HeldLYBMaterials−2.6%11.1%
3. 3HeldFANGEnergy+16.7%10.7%
4. 4HeldTSCOConsumer Discretionary+237.9%9.7%
5. 5HeldMMMIndustrials−22.1%8.5%
6. 6HeldCEMaterials+30.5%8.1%
7. 7HeldSTLDMaterials+22.3%7.7%
8. 8HeldAVGOInformation Technology+126.4%7.6%
9. 9HeldKLACInformation Technology+225.0%7.0%
10. 10NewLRCXInformation Technology+32.1%6.6%
11. 11NewTPRConsumer Discretionary+46.6%6.2%
12. 12NewBLDRIndustrials+39.1%4.8%
13. 13SoldRHIIndustrials+20.7%—
14. 14SoldCTASIndustrials+11.0%—
Total return+43.7%
Weighted by holding size — the blended return of every "Your return" below, since each stock was bought.
#StatusTickerSectorYour returnWeight
1. 1NewCTASIndustrials+11.0%17.0%
2. 2HeldLYBMaterials−2.1%11.5%
3. 3HeldTSCOConsumer Discretionary+193.1%11.4%
4. 4HeldFANGEnergy+4.9%10.0%
5. 5HeldMMMIndustrials−21.1%9.4%
6. 6HeldRHIIndustrials+20.7%9.2%
7. 7HeldCEMaterials+10.2%8.6%
8. 8HeldSTLDMaterials+12.6%8.1%
9. 9HeldAVGOInformation Technology+73.4%7.7%
10. 10HeldKLACInformation Technology+170.3%7.1%
11. 11SoldCFMaterials+16.6%—
12. 12SoldWYReal Estate+10.9%—
Total return+44.9%
Weighted by holding size — the blended return of every "Your return" below, since each stock was bought.
#StatusTickerSectorYour returnWeight
1. 1HeldTSCOConsumer Discretionary+231.6%11.3%
2. 2HeldAVGOInformation Technology+48.7%11.0%
3. 3HeldMMMIndustrials−15.3%10.9%
4. 4HeldLYBMaterials−0.3%10.7%
5. 5NewWYReal Estate+10.9%10.3%
6. 6NewRHIIndustrials+13.2%9.3%
7. 7NewCFMaterials+16.6%8.3%
8. 8HeldCEMaterials+8.7%8.0%
9. 9HeldKLACInformation Technology+143.1%7.2%
10. 10HeldFANGEnergy−4.2%7.1%
11. 11NewSTLDMaterials+10.3%5.9%
12. 12SoldCTASIndustrials+32.7%—
13. 13SoldMRNAHealth Care+0.9%—
14. 14SoldCPRTIndustrials+33.4%—
15. 15SoldHALEnergy−25.0%—
16. 16SoldGSFinancials−15.4%—
17. 17SoldORLYConsumer Discretionary+216.6%—
Total return+50.2%
Weighted by holding size — the blended return of every "Your return" below, since each stock was bought.
#StatusTickerSectorYour returnWeight
1. 1HeldORLYConsumer Discretionary+216.6%11.0%
2. 2HeldGSFinancials−15.4%10.0%
3. 3HeldCTASIndustrials+32.7%10.0%
4. 4HeldCPRTIndustrials+33.4%8.8%
5. 5HeldMMMIndustrials−21.4%8.4%
6. 6HeldTSCOConsumer Discretionary+260.6%8.3%
7. 7HeldLYBMaterials−11.8%7.5%
8. 8HeldFANGEnergy−18.5%7.4%
9. 9NewAVGOInformation Technology+7.0%7.4%
10. 10HeldKLACInformation Technology+96.3%5.8%
11. 11NewCEMaterials−12.7%5.7%
12. 12NewHALEnergy−25.0%5.7%
13. 13HeldMRNAHealth Care+0.9%4.0%
14. 14SoldGOOGCommunication Services−1.1%—
15. 15SoldBBYConsumer Discretionary+2.3%—
16. 16SoldAMZNConsumer Discretionary+92.1%—
17. 17SoldANETInformation Technology+216.3%—
Total return+67.9%
Weighted by holding size — the blended return of every "Your return" below, since each stock was bought.
#StatusTickerSectorYour returnWeight
1. 1HeldORLYConsumer Discretionary+187.8%11.4%
2. 2HeldCTASIndustrials+25.0%9.4%
3. 3NewGSFinancials−2.1%8.6%
4. 4NewCPRTIndustrials+13.1%8.4%
5. 5NewMMMIndustrials−11.8%7.8%
6. 6HeldTSCOConsumer Discretionary+268.0%7.8%
7. 7HeldLYBMaterials−4.8%7.2%
8. 8HeldBBYConsumer Discretionary+2.3%6.2%
9. 9NewGOOGCommunication Services−1.1%6.2%
10. 10NewFANGEnergy−7.1%6.0%
11. 11HeldANETInformation Technology+216.3%5.9%
12. 12HeldKLACInformation Technology+94.5%5.8%
13. 13HeldAMZNConsumer Discretionary+92.1%5.1%
14. 14HeldMRNAHealth Care+27.2%4.2%
15. 15SoldGOOGLCommunication Services+18.8%—
Total return+79.1%
Weighted by holding size — the blended return of every "Your return" below, since each stock was bought.
#StatusTickerSectorYour returnWeight
1. 1HeldCTASIndustrials+22.8%14.7%
2. 2HeldLYBMaterials−12.8%12.5%
3. 3HeldORLYConsumer Discretionary+177.1%11.7%
4. 4HeldGOOGLCommunication Services+18.8%10.3%
5. 5HeldTSCOConsumer Discretionary+227.5%10.3%
6. 6HeldBBYConsumer Discretionary−10.4%9.4%
7. 7HeldANETInformation Technology+190.3%9.2%
8. 8HeldKLACInformation Technology+82.0%8.2%
9. 9HeldAMZNConsumer Discretionary+85.6%7.6%
10. 10HeldMRNAHealth Care+26.4%6.1%
11. 11SoldTPRConsumer Discretionary−16.9%—
Total return+76.8%
Weighted by holding size — the blended return of every "Your return" below, since each stock was bought.
#StatusTickerSectorYour returnWeight
1. 1HeldCTASIndustrials+21.3%14.7%
2. 2NewLYBMaterials−9.0%11.8%
3. 3HeldTSCOConsumer Discretionary+203.7%10.9%
4. 4HeldORLYConsumer Discretionary+143.0%10.6%
5. 5HeldGOOGLCommunication Services+59.9%10.1%
6. 6NewBBYConsumer Discretionary−4.1%8.7%
7. 7HeldANETInformation Technology+187.0%8.1%
8. 8HeldAMZNConsumer Discretionary+145.6%7.0%
9. 9HeldKLACInformation Technology+91.4%6.9%
10. 10HeldTPRConsumer Discretionary−16.9%6.5%
11. 11NewMRNAHealth Care+25.6%4.7%
12. 12SoldALLFinancials−4.8%—
13. 13SoldNVDAInformation Technology+76.6%—
14. 14SoldKMIEnergy+10.7%—
15. 15SoldLMTIndustrials+13.2%—
16. 16SoldAFLFinancials+3.4%—
17. 17SoldHIIIndustrials+7.2%—
Total return+49.7%
Weighted by holding size — the blended return of every "Your return" below, since each stock was bought.
#StatusTickerSectorYour returnWeight
1. 1HeldAFLFinancials+3.4%10.0%
2. 2HeldORLYConsumer Discretionary+108.6%9.0%
3. 3NewKMIEnergy+10.7%8.9%
4. 4HeldHIIIndustrials+7.2%8.6%
5. 5NewCTASIndustrials+1.7%8.6%
6. 6HeldALLFinancials−4.8%8.5%
7. 7HeldTSCOConsumer Discretionary+224.8%8.0%
8. 8NewLMTIndustrials+13.2%8.0%
9. 9HeldGOOGLCommunication Services+52.4%7.1%
10. 10HeldTPRConsumer Discretionary−28.8%5.5%
11. 11HeldAMZNConsumer Discretionary+100.9%5.3%
12. 12HeldKLACInformation Technology+65.9%4.7%
13. 13HeldANETInformation Technology+140.2%4.2%
14. 14HeldNVDAInformation Technology+76.6%3.6%
15. 15SoldNRGUtilities+6.4%—
Total return+72.7%
Weighted by holding size — the blended return of every "Your return" below, since each stock was bought.
#StatusTickerSectorYour returnWeight
1. 1HeldORLYConsumer Discretionary+116.6%11.3%
2. 2HeldAFLFinancials+16.5%11.0%
3. 3HeldALLFinancials−7.3%10.4%
4. 4NewHIIIndustrials−4.2%9.9%
5. 5HeldGOOGLCommunication Services+71.2%9.7%
6. 6HeldTSCOConsumer Discretionary+246.8%9.1%
7. 7HeldAMZNConsumer Discretionary+129.9%8.9%
8. 8NewNRGUtilities+6.4%7.2%
9. 9HeldKLACInformation Technology+75.5%6.2%
10. 10NewTPRConsumer Discretionary−12.5%5.8%
11. 11HeldNVDAInformation Technology+107.3%5.3%
12. 12HeldANETInformation Technology+148.1%5.2%
13. 13SoldCTASIndustrials+11.7%—
14. 14SoldMNSTConsumer Staples−6.5%—
15. 15SoldLYBMaterials+4.5%—
Total return+82.9%
Weighted by holding size — the blended return of every "Your return" below, since each stock was bought.
#StatusTickerSectorYour returnWeight
1. 1HeldORLYConsumer Discretionary+114.6%12.1%
2. 2HeldGOOGLCommunication Services+95.7%9.9%
3. 3HeldAFLFinancials+2.3%9.7%
4. 4NewMNSTConsumer Staples−6.5%9.5%
5. 5HeldALLFinancials−15.7%9.4%
6. 6NewCTASIndustrials+11.7%8.6%
7. 7HeldANETInformation Technology+152.6%8.6%
8. 8HeldTSCOConsumer Discretionary+257.5%8.0%
9. 9HeldAMZNConsumer Discretionary+159.8%7.9%
10. 10HeldLYBMaterials+4.5%5.9%
11. 11HeldNVDAInformation Technology+159.4%5.2%
12. 12HeldKLACInformation Technology+107.9%5.2%
13. 13SoldNDAQFinancials+17.0%—
14. 14SoldNRGUtilities+28.7%—
15. 15SoldWRBFinancials−5.3%—
Total return+55.9%
Weighted by holding size — the blended return of every "Your return" below, since each stock was bought.
#StatusTickerSectorYour returnWeight
1. 1NewALLFinancials−2.3%10.5%
2. 2NewAFLFinancials+2.1%10.3%
3. 3NewNDAQFinancials+17.0%10.3%
4. 4NewWRBFinancials−5.3%9.9%
5. 5HeldORLYConsumer Discretionary+94.8%8.9%
6. 6HeldAMZNConsumer Discretionary+140.0%8.5%
7. 7HeldANETInformation Technology+60.6%7.2%
8. 8HeldTSCOConsumer Discretionary+212.8%7.2%
9. 9HeldGOOGLCommunication Services+86.9%7.2%
10. 10HeldLYBMaterials+14.0%6.6%
11. 11HeldNVDAInformation Technology+72.4%4.7%
12. 12NewNRGUtilities+28.7%4.5%
13. 13HeldKLACInformation Technology+64.8%4.2%
14. 14SoldNTAPInformation Technology+56.2%—
15. 15SoldHIIIndustrials+24.2%—
16. 16SoldFTNTInformation Technology+24.8%—
17. 17SoldMNSTConsumer Staples+44.2%—
18. 18SoldBIIBHealth Care+12.7%—
19. 19SoldDXCMHealth Care−17.6%—
20. 20SoldODFLIndustrials+78.1%—
21. 21SoldIPMaterials+28.3%—
Total return+58.0%
Weighted by holding size — the blended return of every "Your return" below, since each stock was bought.
#StatusTickerSectorYour returnWeight
1. 1HeldMNSTConsumer Staples+44.2%9.2%
2. 2HeldORLYConsumer Discretionary+81.2%8.4%
3. 3NewHIIIndustrials+24.2%7.4%
4. 4HeldGOOGLCommunication Services+54.5%6.9%
5. 5HeldODFLIndustrials+78.1%6.9%
6. 6HeldAMZNConsumer Discretionary+132.7%6.9%
7. 7HeldIPMaterials+28.3%6.6%
8. 8HeldTSCOConsumer Discretionary+197.4%6.6%
9. 9HeldNTAPInformation Technology+56.2%6.2%
10. 10HeldANETInformation Technology+42.1%5.9%
11. 11NewFTNTInformation Technology+24.8%5.8%
12. 12HeldNVDAInformation Technology+26.1%5.5%
13. 13HeldKLACInformation Technology+50.6%5.5%
14. 14HeldLYBMaterials+24.0%5.1%
15. 15NewDXCMHealth Care−17.6%4.8%
16. 16HeldBIIBHealth Care+12.7%2.3%
17. 17SoldURIIndustrials+59.9%—
Total return+51.4%
Weighted by holding size — the blended return of every "Your return" below, since each stock was bought.
#StatusTickerSectorYour returnWeight
1. 1HeldORLYConsumer Discretionary+40.9%12.0%
2. 2HeldODFLIndustrials+42.8%10.1%
3. 3HeldMNSTConsumer Staples+42.9%9.7%
4. 4HeldGOOGLCommunication Services+39.4%8.4%
5. 5HeldTSCOConsumer Discretionary+154.2%8.1%
6. 6HeldIPMaterials+1.2%7.4%
7. 7NewNTAPInformation Technology+36.4%7.0%
8. 8HeldAMZNConsumer Discretionary+125.4%6.4%
9. 9HeldKLACInformation Technology+57.8%6.2%
10. 10HeldANETInformation Technology+40.8%5.9%
11. 11HeldURIIndustrials+59.9%5.5%
12. 12HeldLYBMaterials+6.3%5.3%
13. 13HeldNVDAInformation Technology+30.7%5.3%
14. 14NewBIIBHealth Care+10.8%2.7%
15. 15SoldLRCXInformation Technology+162.5%—
16. 16SoldCTASIndustrials+64.0%—
Total return+47.7%
Weighted by holding size — the blended return of every "Your return" below, since each stock was bought.
#StatusTickerSectorYour returnWeight
1. 1HeldORLYConsumer Discretionary+55.9%10.7%
2. 2HeldTSCOConsumer Discretionary+111.0%9.6%
3. 3NewGOOGLCommunication Services+17.8%9.3%
4. 4HeldMNSTConsumer Staples+31.1%9.1%
5. 5HeldODFLIndustrials+38.8%8.1%
6. 6HeldAMZNConsumer Discretionary+106.9%7.7%
7. 7NewNVDAInformation Technology+15.0%7.0%
8. 8HeldANETInformation Technology+19.1%6.6%
9. 9NewKLACInformation Technology+12.1%6.0%
10. 10HeldIPMaterials−0.6%5.8%
11. 11HeldCTASIndustrials+64.0%5.8%
12. 12HeldLRCXInformation Technology+162.5%5.0%
13. 13NewURIIndustrials+15.6%4.9%
14. 14HeldLYBMaterials−12.6%4.4%
15. 15SoldAAPLInformation Technology+385.1%—
Total return+83.4%
Weighted by holding size — the blended return of every "Your return" below, since each stock was bought.
#StatusTickerSectorYour returnWeight
1. 1HeldAMZNConsumer Discretionary+98.8%12.8%
2. 2HeldMNSTConsumer Staples+29.2%11.3%
3. 3HeldTSCOConsumer Discretionary+139.2%10.9%
4. 4HeldAAPLInformation Technology+385.1%9.7%
5. 5NewODFLIndustrials+28.6%9.5%
6. 6HeldORLYConsumer Discretionary+58.2%8.9%
7. 7HeldANETInformation Technology−11.3%8.9%
8. 8HeldIPMaterials−18.0%8.1%
9. 9NewCTASIndustrials+39.1%7.6%
10. 10HeldLRCXInformation Technology+126.0%6.2%
11. 11HeldLYBMaterials−18.8%6.1%
12. 12SoldGOOGLCommunication Services−0.3%—
Total return+35.7%
Weighted by holding size — the blended return of every "Your return" below, since each stock was bought.
#StatusTickerSectorYour returnWeight
1. 1HeldMNSTConsumer Staples+0.2%17.5%
2. 2HeldGOOGLCommunication Services−0.3%13.0%
3. 3HeldTSCOConsumer Discretionary+71.7%11.3%
4. 4HeldAAPLInformation Technology+215.9%10.5%
5. 5HeldAMZNConsumer Discretionary+47.3%10.5%
6. 6HeldIPMaterials−33.2%9.5%
7. 7HeldORLYConsumer Discretionary+37.9%9.5%
8. 8HeldLYBMaterials−35.2%7.9%
9. 9HeldLRCXInformation Technology+51.5%5.8%
10. 10HeldANETInformation Technology−14.1%4.5%
11. 11SoldCTASIndustrials+16.5%—
12. 12SoldKLACInformation Technology+215.3%—
13. 13SoldFTNTInformation Technology+45.0%—
Total return+58.2%
Weighted by holding size — the blended return of every "Your return" below, since each stock was bought.
#StatusTickerSectorYour returnWeight
1. 1HeldAMZNConsumer Discretionary+30.1%11.7%
2. 2HeldAAPLInformation Technology+251.6%8.8%
3. 3NewGOOGLCommunication Services+16.0%8.8%
4. 4HeldMNSTConsumer Staples+13.9%8.8%
5. 5HeldORLYConsumer Discretionary+32.0%8.6%
6. 6HeldCTASIndustrials+16.5%8.3%
7. 7HeldTSCOConsumer Discretionary+46.1%8.0%
8. 8NewIPMaterials−5.1%7.8%
9. 9HeldKLACInformation Technology+215.3%6.7%
10. 10HeldLYBMaterials+1.0%6.5%
11. 11HeldFTNTInformation Technology+45.0%6.1%
12. 12HeldLRCXInformation Technology+97.0%5.8%
13. 13HeldANETInformation Technology−9.0%4.1%
14. 14SoldMUInformation Technology+23.5%—
Total return+48.8%
Weighted by holding size — the blended return of every "Your return" below, since each stock was bought.
#StatusTickerSectorYour returnWeight
1. 1HeldORLYConsumer Discretionary+51.0%11.5%
2. 2NewCTASIndustrials+2.0%10.9%
3. 3HeldAMZNConsumer Discretionary+1.8%10.5%
4. 4HeldTSCOConsumer Discretionary+44.9%10.2%
5. 5HeldAAPLInformation Technology+182.4%8.8%
6. 6HeldLYBMaterials+13.9%8.1%
7. 7HeldMNSTConsumer Staples−6.0%7.7%
8. 8HeldKLACInformation Technology+213.8%7.2%
9. 9HeldLRCXInformation Technology+58.9%7.1%
10. 10HeldFTNTInformation Technology+22.3%6.7%
11. 11HeldANETInformation Technology−19.6%5.9%
12. 12HeldMUInformation Technology+23.5%5.4%
13. 13SoldSHWMaterials+72.2%—
Total return+35.2%
Weighted by holding size — the blended return of every "Your return" below, since each stock was bought.
#StatusTickerSectorYour returnWeight
1. 1HeldSHWMaterials+72.2%11.5%
2. 2HeldORLYConsumer Discretionary+16.3%10.9%
3. 3HeldTSCOConsumer Discretionary+52.3%10.8%
4. 4HeldLYBMaterials−17.6%9.3%
5. 5HeldAAPLInformation Technology+114.1%9.1%
6. 6HeldAMZNConsumer Discretionary+2.9%8.9%
7. 7HeldKLACInformation Technology+129.9%8.0%
8. 8NewFTNTInformation Technology−0.4%7.4%
9. 9NewMNSTConsumer Staples−11.0%7.2%
10. 10HeldLRCXInformation Technology+10.6%5.9%
11. 11HeldANETInformation Technology−6.1%5.7%
12. 12HeldMUInformation Technology+10.6%5.3%
13. 13SoldAFLFinancials+30.8%—
14. 14SoldMConsumer Discretionary−13.9%—
15. 15SoldNDAQFinancials+2.9%—
Total return+25.8%
Weighted by holding size — the blended return of every "Your return" below, since each stock was bought.
#StatusTickerSectorYour returnWeight
1. 1HeldNDAQFinancials+2.9%11.8%
2. 2HeldAFLFinancials+30.8%11.5%
3. 3HeldLYBMaterials−7.5%9.6%
4. 4HeldORLYConsumer Discretionary+9.1%9.3%
5. 5HeldSHWMaterials+38.3%9.2%
6. 6HeldTSCOConsumer Discretionary+57.1%8.7%
7. 7HeldAAPLInformation Technology+101.8%6.5%
8. 8HeldKLACInformation Technology+88.1%6.5%
9. 9NewLRCXInformation Technology+8.5%5.6%
10. 10HeldMConsumer Discretionary−13.9%5.5%
11. 11HeldANETInformation Technology+8.2%5.5%
12. 12NewAMZNConsumer Discretionary+15.3%5.3%
13. 13HeldMUInformation Technology+0.6%5.0%
14. 14SoldFASTIndustrials+56.1%—
15. 15SoldEXCUtilities+11.3%—
Total return+27.3%
Weighted by holding size — the blended return of every "Your return" below, since each stock was bought.
#StatusTickerSectorYour returnWeight
1. 1HeldEXCUtilities+11.3%12.8%
2. 2HeldAFLFinancials+23.2%11.4%
3. 3HeldNDAQFinancials−2.3%10.0%
4. 4HeldORLYConsumer Discretionary+23.1%8.8%
5. 5HeldSHWMaterials+38.7%8.7%
6. 6HeldLYBMaterials−0.4%8.6%
7. 7HeldTSCOConsumer Discretionary+54.2%7.4%
8. 8HeldFASTIndustrials+56.1%6.9%
9. 9HeldAAPLInformation Technology+80.8%6.7%
10. 10HeldKLACInformation Technology+81.9%5.1%
11. 11NewMUInformation Technology+11.0%4.8%
12. 12NewANETInformation Technology+4.9%4.4%
13. 13HeldMConsumer Discretionary−0.9%4.4%
14. 14SoldNVDAInformation Technology−22.6%—
15. 15SoldEWHealth Care+16.1%—
16. 16SoldLRCXInformation Technology−29.4%—
Total return+19.8%
Weighted by holding size — the blended return of every "Your return" below, since each stock was bought.
#StatusTickerSectorYour returnWeight
1. 1HeldAFLFinancials+10.6%12.2%
2. 2NewEXCUtilities+5.1%11.6%
3. 3HeldNDAQFinancials−4.1%10.8%
4. 4HeldSHWMaterials+33.1%8.3%
5. 5HeldAAPLInformation Technology+91.4%7.4%
6. 6HeldLYBMaterials+6.3%6.7%
7. 7HeldEWHealth Care+16.1%6.4%
8. 8HeldTSCOConsumer Discretionary+54.2%6.1%
9. 9HeldFASTIndustrials+38.4%5.8%
10. 10HeldNVDAInformation Technology−22.6%5.5%
11. 11HeldORLYConsumer Discretionary+11.3%5.4%
12. 12HeldKLACInformation Technology+57.0%4.9%
13. 13HeldLRCXInformation Technology−29.4%4.6%
14. 14HeldMConsumer Discretionary+24.0%4.3%
15. 15SoldKDPConsumer Staples+51.7%—
16. 16SoldCNCHealth Care+103.7%—
Total return+37.5%
Weighted by holding size — the blended return of every "Your return" below, since each stock was bought.
#StatusTickerSectorYour returnWeight
1. 1NewNDAQFinancials+3.4%9.6%
2. 2HeldAFLFinancials+17.4%9.2%
3. 3HeldSHWMaterials+39.7%8.2%
4. 4HeldEWHealth Care+6.6%8.0%
5. 5HeldCNCHealth Care+103.7%7.3%
6. 6HeldAAPLInformation Technology+110.8%7.2%
7. 7HeldLYBMaterials+29.4%7.0%
8. 8HeldFASTIndustrials+41.9%6.9%
9. 9HeldTSCOConsumer Discretionary+32.8%6.0%
10. 10NewMConsumer Discretionary+41.1%5.7%
11. 11HeldORLYConsumer Discretionary+2.6%5.6%
12. 12HeldKLACInformation Technology+83.5%5.4%
13. 13HeldKDPConsumer Staples+51.7%5.2%
14. 14NewNVDAInformation Technology+6.5%4.5%
15. 15HeldLRCXInformation Technology−13.4%4.2%
16. 16SoldAPDMaterials+3.7%—
17. 17SoldMUInformation Technology+18.8%—
Total return+25.7%
Weighted by holding size — the blended return of every "Your return" below, since each stock was bought.
#StatusTickerSectorYour returnWeight
1. 1HeldSHWMaterials+21.3%10.5%
2. 2NewAPDMaterials+3.7%10.3%
3. 3HeldAFLFinancials+13.1%10.1%
4. 4HeldAAPLInformation Technology+86.5%8.5%
5. 5HeldFASTIndustrials+26.5%7.5%
6. 6HeldLYBMaterials+27.3%7.4%
7. 7HeldEWHealth Care+6.2%6.9%
8. 8HeldTSCOConsumer Discretionary+14.9%6.6%
9. 9HeldORLYConsumer Discretionary−11.7%6.6%
10. 10HeldCNCHealth Care+53.9%6.2%
11. 11HeldKLACInformation Technology+74.4%5.9%
12. 12HeldLRCXInformation Technology−2.6%4.8%
13. 13HeldKDPConsumer Staples+31.2%4.7%
14. 14HeldMUInformation Technology+18.8%4.0%
15. 15SoldISRGHealth Care+44.8%—
16. 16SoldBBYConsumer Discretionary+131.7%—
17. 17SoldHPEnergy+11.2%—
Total return+28.0%
Weighted by holding size — the blended return of every "Your return" below, since each stock was bought.
#StatusTickerSectorYour returnWeight
1. 1HeldAFLFinancials+9.1%12.1%
2. 2HeldKDPConsumer Staples+25.7%10.2%
3. 3HeldSHWMaterials+34.2%8.3%
4. 4HeldISRGHealth Care+44.8%7.5%
5. 5HeldAAPLInformation Technology+66.8%7.0%
6. 6HeldLYBMaterials+26.6%6.6%
7. 7HeldFASTIndustrials+32.1%6.3%
8. 8HeldEWHealth Care+0.2%6.0%
9. 9HeldKLACInformation Technology+66.3%5.0%
10. 10NewTSCOConsumer Discretionary+10.8%5.0%
11. 11NewLRCXInformation Technology−12.0%4.8%
12. 12HeldORLYConsumer Discretionary−20.0%4.8%
13. 13HeldCNCHealth Care+38.0%4.7%
14. 14HeldHPEnergy+11.2%4.0%
15. 15HeldBBYConsumer Discretionary+131.7%3.9%
16. 16NewMUInformation Technology−5.1%3.8%
17. 17SoldNVDAInformation Technology+59.4%—
18. 18SoldRHIIndustrials+28.1%—
Total return+21.6%
Weighted by holding size — the blended return of every "Your return" below, since each stock was bought.
#StatusTickerSectorYour returnWeight
1. 1NewAFLFinancials+4.8%12.8%
2. 2HeldSHWMaterials+28.7%9.6%
3. 3HeldKDPConsumer Staples−4.3%9.6%
4. 4HeldISRGHealth Care+38.1%7.7%
5. 5HeldAAPLInformation Technology+66.6%7.7%
6. 6HeldLYBMaterials+16.2%7.2%
7. 7HeldCNCHealth Care+26.0%7.0%
8. 8HeldRHIIndustrials+28.1%6.5%
9. 9HeldEWHealth Care−21.9%6.4%
10. 10HeldFASTIndustrials+14.6%5.7%
11. 11HeldKLACInformation Technology+55.1%5.3%
12. 12HeldHPEnergy−6.9%4.3%
13. 13HeldORLYConsumer Discretionary−26.5%3.7%
14. 14HeldBBYConsumer Discretionary+82.8%3.5%
15. 15HeldNVDAInformation Technology+59.4%3.0%
16. 16SoldSWKSInformation Technology+2.0%—
17. 17SoldINTCInformation Technology+7.8%—
18. 18SoldUALIndustrials+11.2%—
Total return+11.8%
Weighted by holding size — the blended return of every "Your return" below, since each stock was bought.
#StatusTickerSectorYour returnWeight
1. 1HeldKDPConsumer Staples−1.4%9.5%
2. 2HeldINTCInformation Technology+7.8%9.1%
3. 3HeldAAPLInformation Technology+54.0%8.4%
4. 4NewISRGHealth Care+13.4%7.1%
5. 5HeldSHWMaterials+8.7%7.1%
6. 6HeldKLACInformation Technology+38.6%6.9%
7. 7HeldORLYConsumer Discretionary−27.3%6.2%
8. 8HeldLYBMaterials−4.4%5.8%
9. 9HeldRHIIndustrials+3.1%5.4%
10. 10HeldFASTIndustrials+4.9%5.2%
11. 11HeldCNCHealth Care+8.3%4.9%
12. 12HeldBBYConsumer Discretionary+81.8%4.7%
13. 13HeldEWHealth Care−12.6%4.3%
14. 14HeldHPEnergy−20.6%4.3%
15. 15NewSWKSInformation Technology+2.0%4.2%
16. 16HeldUALIndustrials+11.2%4.2%
17. 17NewNVDAInformation Technology+25.5%2.7%
18. 18SoldRIGEnergy+4.9%—
19. 19SoldWUInformation Technology−5.9%—
Total return+11.4%
Weighted by holding size — the blended return of every "Your return" below, since each stock was bought.
#StatusTickerSectorYour returnWeight
1. 1HeldKDPConsumer Staples−2.1%10.1%
2. 2HeldAAPLInformation Technology+49.0%9.3%
3. 3HeldINTCInformation Technology+4.9%8.5%
4. 4HeldKLACInformation Technology+48.9%8.0%
5. 5HeldWUInformation Technology−5.9%7.6%
6. 6HeldORLYConsumer Discretionary−10.1%6.5%
7. 7HeldFASTIndustrials+5.6%6.5%
8. 8NewLYBMaterials−10.6%6.4%
9. 9HeldUALIndustrials+23.0%5.9%
10. 10NewSHWMaterials+8.0%5.8%
11. 11HeldRHIIndustrials+9.8%5.7%
12. 12HeldHPEnergy−3.6%4.6%
13. 13HeldBBYConsumer Discretionary+52.2%4.5%
14. 14HeldEWHealth Care−13.7%3.8%
15. 15HeldCNCHealth Care−1.4%3.5%
16. 16HeldRIGEnergy+4.9%3.3%
Total return+8.7%
Weighted by holding size — the blended return of every "Your return" below, since each stock was bought.
#StatusTickerSectorYour returnWeight
1. 1HeldKDPConsumer Staples−0.6%12.0%
2. 2HeldWUInformation Technology−5.2%10.3%
3. 3HeldINTCInformation Technology+4.9%9.7%
4. 4HeldAAPLInformation Technology+28.8%8.9%
5. 5HeldORLYConsumer Discretionary−6.4%8.8%
6. 6HeldKLACInformation Technology+27.2%7.8%
7. 7HeldFASTIndustrials+16.4%7.6%
8. 8NewRHIIndustrials+8.9%6.2%
9. 9NewHPEnergy+11.9%5.9%
10. 10NewUALIndustrials+17.2%5.4%
11. 11HeldEWHealth Care−25.2%5.1%
12. 12HeldBBYConsumer Discretionary+33.4%4.8%
13. 13HeldCNCHealth Care−6.9%4.0%
14. 14HeldRIGEnergy+35.4%3.5%
15. 15SoldISRGHealth Care−9.9%—
16. 16SoldUNHHealth Care+8.0%—
Total return−3.8%
Weighted by holding size — the blended return of every "Your return" below, since each stock was bought.
#StatusTickerSectorYour returnWeight
1. 1NewUNHHealth Care+8.0%12.4%
2. 2NewKDPConsumer Staples−14.5%10.0%
3. 3NewISRGHealth Care−9.9%9.5%
4. 4NewORLYConsumer Discretionary−8.7%9.3%
5. 5NewINTCInformation Technology−0.5%8.3%
6. 6NewFASTIndustrials+3.8%8.3%
7. 7NewWUInformation Technology−1.3%8.1%
8. 8NewEWHealth Care−24.2%7.2%
9. 9NewKLACInformation Technology+9.5%7.1%
10. 10NewAAPLInformation Technology−2.9%6.8%
11. 11NewBBYConsumer Discretionary+16.6%5.4%
12. 12NewCNCHealth Care−27.3%5.2%
13. 13NewRIGEnergy+1.9%2.4%

View the full rankingEducational backtest. Past performance does not guarantee future results.

Illustrative backtest, not investment advice. This is a point-in-time PROXY of QuantRank's ranking rule, not a replay of the live composite: at each historical rebalance it re-runs the current frozen 8-pillar weights using only data filed on or before that date, but fundamental pillars use ANNUAL (10-K) figures in place of the live trailing-twelve-month basis, GICS sectors are assumed stable from today, and survivorship is corrected via the point-in-time membership ledger. The basket holds ONLY high-conviction names — Strong Buy / Buy rated, undervalued (margin of safety > 0), composite >= 50 and loss-chance <= 45 — taking the top names by composite among those (a name that decays out of the gate is dropped at the next rebalance). The recommendation + 6-method valuation layer is replayed point-in-time, with the fair-value staleness gate widened to ~15 months for the once-a-year 10-K cadence (vs the live 180-day gate). Six of the seven active accounting vetoes (Altman distress, Sloan accruals, net issuance, Beneish manipulation, Dechow F-score, and data-quality corruption) are replayed point-in-time against the PIT cross-section; non_reliance_filing (8-K Item 4.02) coverage is stated in meta.vetoes_replayed / meta.vetoes_not_replayed. Net figures charge a modeled per-side spread cost (10-25 bps on turnover) but are gross of additional market-impact slippage. The adaptive AI-pick book sizes itself each rebalance: it holds ALL high-conviction picks with composite score >= 65 (no ceiling), with a floor of 5 names, so holding count varies by quarter (uncap ratified 2026-06-11 — in-sample max book 16 over 40 rebalances; the former cap never bound fresh entries (max raw 13) and its carry-leg rank-slice exit was removed as the V55.0 -> V55.1 protocol amendment; A2-S spike tripwire: raw >= 25 in a single rebalance triggers reopening, registered #130; forward acceptance gates pre-registered). Incumbents are retained while scoring >= 55 to reduce turnover (V55 hysteresis band ratified 2026-06-11; the band is a turnover/implementation-cost device — no performance claims). non_reliance_filing (8-K Item 4.02) is replayed point-in-time via the pit_item402_history.parquet — names that filed an Item 4.02 in the trailing year at a historical rebalance are correctly excluded from the AI-pick basket. SELECTION FOOTPRINT: the adaptive rule's thresholds (composite_min=65 / hold_band=55 / floor 5 / uncapped) were grid-swept IN-SAMPLE on the same 40-leg window shown as the track record; the adaptive book's lead over the best fixed-N basket is approximately +81.9pp (~9% of total return) and is a tuning artifact until confirmed on a fresh out-of-sample window. McLean-Pontiff (2016) is cited for decay of PUBLISHED factors; this rule was never published, so the relevant haircut is the out-of-sample decay term plus the in-sample-selection penalty above, not the ~32% post-publication figure. The Deflated Sharpe Ratio (n_trials=16, quarterly) is the primary inferential gate; the DSR result is stored in meta.validation on the next artifact rerun. In this 2016-2026 sample the adaptive AI-pick net line outperformed the S&P 500 (978 vs 414, both rebased to 100 at the start). The adaptive rule's thresholds were selected IN-SAMPLE on this same window — the out-of-sample edge is unknown until confirmed on a fresh window not used during threshold selection. A factor-tilted, sector-CONCENTRATED book (no per-sector cap) carries higher single-sector risk and can diverge from a cap-weighted index, in either direction, for long stretches. Any in-sample edge is concentration- and regime-driven — past performance, even favorable, does not predict future results.