Momentum ↗
Stocks with the strongest prior price performance, excluding the most recent month.
Systematic factor / S&P 500
Dividend yield
Stocks with the highest dividend yields over the past twelve months.
1 day vs S&P 500+2.1%relative return
20 days vs S&P 500+1.5%relative return
5-day z-score+2.51σrelative move vs trailing history
Year to date+18.6%long portfolio return
Performance
Dividend yield vs S&P 500
Daily long-portfolio return minus the benchmark return, compounded over the selected period. Positive means the factor led the market.
| Return | 1 day | 5 days | 20 days | 60 days | MTD | YTD | 1 year |
|---|---|---|---|---|---|---|---|
| Long portfolio | +1.0% | +3.7% | +1.7% | +1.7% | +5.3% | +18.6% | +22.3% |
| vs S&P 500 | +2.1% | +5.7% | +1.5% | -2.2% | +5.0% | +4.3% | +4.4% |
| Q5 − Q1 spread | +3.1% | +6.5% | +1.1% | -6.8% | +4.6% | +2.4% | +3.1% |
Inside the factor
Rebalanced 2026-09-30 · 6% of the long book is new.
Top quintile: the highest-scoring stocks. Weights below are for the cap-weighted long portfolio.
| CVXChevron Corporation | Energy | 5.00% | 0.97 | 2023-10-31 | +2.6% | +6.1% | +7.4% | +16.7% | +10.2% | +51.7% | +53.7% |
|---|---|---|---|---|---|---|---|---|---|---|---|
| HDHome Depot (The) | Consumer Cyclical | 5.00% | 0.85 | 2026-09-30 NEW | +0.4% | +6.5% | +3.2% | -3.9% | +8.8% | -8.1% | -18.0% |
| VZVerizon | Communication Services | 3.77% | 2.59 | 2019-12-31 | +0.9% | +7.5% | -5.4% | +3.8% | -0.8% | +17.3% | +18.3% |
| PEPPepsiCo | Consumer Defensive | 3.39% | 1.64 | 2025-03-31 | +2.4% | +4.4% | +1.3% | -1.5% | +3.8% | -5.6% | -9.5% |
| TAT&T | Communication Services | 3.33% | 1.65 | 2019-12-31 | -0.3% | +5.7% | -6.7% | +3.3% | -2.9% | -1.1% | -5.8% |
| PFEPfizer | Healthcare | 3.22% | 2.50 | 2022-07-29 | +0.5% | +4.6% | +6.9% | +20.3% | +3.7% | +24.9% | +29.8% |
| MCDMcDonald's | Consumer Cyclical | 3.20% | 0.83 | 2026-09-30 NEW | +0.2% | +3.3% | -2.1% | -6.9% | +5.2% | -18.9% | -18.4% |
| NEENextEra Energy | Utilities | 3.09% | 0.83 | 2026-08-31 | +1.1% | +3.1% | -0.8% | -10.5% | +5.4% | +1.6% | -4.3% |
| BXBlackstone Inc. | Financial Services | 2.64% | 1.69 | 2026-05-29 | -2.4% | -6.7% | -14.7% | -13.5% | -4.9% | -28.7% | -32.3% |
| BMYBristol Myers Squibb | Healthcare | 2.50% | 1.33 | 2023-07-31 | -1.4% | +1.1% | -4.3% | -1.9% | -3.2% | +15.7% | +43.1% |
| PLDPrologis | Real Estate | 2.37% | 0.85 | 2026-08-31 | -0.9% | -2.9% | -6.7% | -12.7% | -3.1% | +0.8% | +5.7% |
| PGRProgressive Corporation | Financial Services | 2.34% | 2.59 | 2026-01-30 | +2.2% | +0.5% | +2.4% | +5.6% | +5.4% | +2.2% | +2.7% |
| ACNAccenture | Technology | 2.32% | 1.04 | 2026-03-31 | +2.1% | +10.7% | +27.7% | +66.9% | +26.3% | -11.4% | -0.9% |
| MOAltria | Consumer Defensive | 2.22% | 2.59 | 2019-12-31 | +1.7% | +4.8% | +8.0% | +5.9% | +11.5% | +36.6% | +23.6% |
| MDTMedtronic | Healthcare | 2.16% | 0.88 | 2026-03-31 | -0.7% | +7.1% | +3.7% | +16.5% | +9.8% | +1.2% | +2.7% |
| SOSouthern Company | Utilities | 1.84% | 1.07 | 2026-04-30 | +2.2% | +5.8% | +6.6% | -4.8% | +10.0% | +7.1% | -5.5% |
| CMECME Group | Financial Services | 1.84% | 1.48 | 2026-03-31 | +1.5% | +4.7% | +6.5% | +16.1% | +12.2% | +11.3% | +13.8% |
| USBU.S. Bancorp | Financial Services | 1.76% | 1.08 | 2020-03-31 | +2.3% | +2.9% | -1.3% | -6.4% | +1.7% | +13.2% | +31.3% |
| PNCPNC Financial Services | Financial Services | 1.75% | 0.83 | 2026-08-31 | +1.1% | +0.1% | -5.9% | -12.0% | -1.3% | +7.6% | +23.2% |
| DUKDuke Energy | Utilities | 1.74% | 1.15 | 2020-04-30 | +2.2% | +4.1% | +3.4% | -5.2% | +6.5% | +6.3% | -2.3% |
| UPSUnited Parcel Service | Industrials | 1.57% | 2.59 | 2023-04-28 | -0.4% | +3.1% | -1.6% | -13.2% | +4.3% | +2.9% | +23.5% |
| CMCSAComcast | Communication Services | 1.53% | 2.58 | 2025-01-31 | +0.6% | +6.0% | -2.2% | +1.5% | +2.2% | -17.6% | -22.4% |
| AMTAmerican Tower | Real Estate | 1.50% | 1.48 | 2025-08-29 | +2.2% | +1.7% | +7.6% | +13.7% | +13.2% | +8.8% | +1.5% |
| MDLZMondelez International | Consumer Defensive | 1.46% | 0.99 | 2025-11-28 | +1.4% | +5.8% | +5.9% | +7.4% | +10.5% | +21.8% | +7.3% |
| KMIKinder Morgan | Energy | 1.31% | 1.24 | 2026-08-31 | +4.2% | +5.3% | +7.4% | +5.3% | +13.4% | +28.0% | +28.8% |
| SPGSimon Property Group | Real Estate | 1.27% | 1.55 | 2019-12-31 | +1.0% | +3.0% | +0.1% | -7.8% | +2.3% | +14.7% | +20.5% |
| AEPAmerican Electric Power | Utilities | 1.26% | 0.82 | 2026-08-31 | +2.3% | +3.5% | +5.9% | -5.1% | +7.2% | +12.8% | +10.6% |
| TFCTruist Financial | Financial Services | 1.11% | 1.59 | 2019-12-31 | +1.1% | +2.1% | -3.1% | -7.2% | +1.7% | -1.4% | +13.5% |
| OKEONEOK | Energy | 1.06% | 1.87 | 2025-02-28 | +2.9% | +3.9% | -0.2% | +1.3% | +9.4% | +31.8% | +42.7% |
| DDominion Energy | Utilities | 1.04% | 1.54 | 2019-12-31 | +1.1% | +3.1% | -0.0% | -10.2% | +5.0% | +11.9% | +7.4% |
| NKENike, Inc. | Consumer Cyclical | 1.03% | 1.67 | 2026-04-30 | -0.0% | +7.0% | +4.6% | -8.5% | +4.9% | -40.2% | -44.0% |
| SRESempra | Utilities | 1.00% | 1.40 | 2026-08-31 | +1.8% | +2.5% | +3.5% | -10.0% | +7.0% | -3.4% | -6.9% |
| ORealty Income | Real Estate | 1.00% | 2.59 | 2019-12-31 | +0.9% | +3.5% | -0.5% | -12.2% | +3.3% | +3.5% | -0.5% |
| PSAPublic Storage | Real Estate | 0.97% | 1.44 | 2022-07-29 | +1.0% | +2.9% | +0.7% | -4.3% | +5.5% | +18.4% | +3.2% |
| FFord Motor Company | Consumer Cyclical | 0.94% | 1.87 | 2022-08-31 | +1.0% | +2.1% | -5.9% | -11.2% | +3.1% | -2.1% | +10.6% |
| XELXcel Energy | Utilities | 0.86% | 0.89 | 2026-08-31 | +1.6% | +3.4% | +5.5% | -4.8% | +8.3% | +5.7% | -3.8% |
| EXCExelon | Utilities | 0.81% | 1.36 | 2026-09-30 NEW | +2.4% | +4.2% | +3.4% | -7.1% | +7.7% | +2.5% | -5.7% |
| ARESAres Management Corporation | Financial Services | 0.77% | 1.56 | 2026-02-27 | -1.5% | -4.2% | -9.3% | -6.5% | -3.4% | -28.1% | -22.6% |
| EDConsolidated Edison | Utilities | 0.74% | 0.96 | 2026-04-30 | +2.2% | +5.8% | +6.5% | +0.4% | +9.8% | +15.8% | +13.4% |
| PRUPrudential Financial | Financial Services | 0.72% | 1.82 | 2019-12-31 | -0.4% | +2.5% | -2.1% | -0.5% | +2.1% | +6.7% | +18.4% |
| PAYXPaychex | Industrials | 0.68% | 1.66 | 2025-10-31 | +0.8% | +7.4% | -3.9% | +1.9% | +13.3% | +2.9% | -8.6% |
| KVUEKenvue | Consumer Defensive | 0.67% | 2.43 | 2024-05-31 | +1.3% | +6.8% | +7.4% | +2.4% | +7.1% | +14.8% | +23.4% |
| PEGPublic Service Enterprise Group | Utilities | 0.66% | 1.25 | 2026-03-31 | +1.8% | -1.1% | +2.5% | -9.6% | +6.2% | -8.6% | -12.7% |
| PPLPPL Corporation | Utilities | 0.65% | 0.95 | 2026-07-31 | +2.0% | +2.7% | +5.5% | -2.2% | +6.9% | +2.8% | -4.4% |
| WECWEC Energy Group | Utilities | 0.64% | 1.13 | 2026-04-30 | +2.5% | +4.8% | +5.4% | -4.4% | +7.9% | +5.8% | -4.1% |
| KMBKimberly-Clark | Consumer Defensive | 0.64% | 2.03 | 2023-07-31 | +1.4% | +8.2% | +7.9% | -0.4% | +8.3% | +8.7% | -7.5% |
| HSYHershey Company (The) | Consumer Defensive | 0.62% | 1.07 | 2026-06-30 | +1.3% | +5.0% | +0.6% | +0.0% | +8.4% | -4.0% | -8.2% |
| HBANHuntington Bancshares | Financial Services | 0.58% | 1.33 | 2019-12-31 | -0.5% | -0.3% | -3.8% | -11.4% | +0.1% | -9.4% | -2.2% |
| CCICrown Castle | Real Estate | 0.57% | 2.59 | 2020-12-31 | +2.8% | +3.3% | +12.6% | +11.9% | +23.4% | -3.8% | -11.8% |
| HPQHP Inc. | Technology | 0.56% | 1.20 | 2024-11-29 | -2.7% | -0.6% | -12.8% | +23.6% | -4.1% | +39.9% | +10.2% |
| EXRExtra Space Storage | Real Estate | 0.54% | 1.85 | 2022-10-31 | +1.4% | +3.7% | +2.1% | -2.9% | +6.2% | +10.9% | -2.0% |
| KHCThe Kraft Heinz Company | Consumer Defensive | 0.53% | 2.59 | 2023-06-30 | +1.7% | +6.3% | -3.1% | -5.1% | +4.2% | +2.7% | +0.5% |
| DTEDTE Energy | Utilities | 0.50% | 1.19 | 2026-07-31 | +1.1% | +2.2% | +1.9% | -11.6% | +6.5% | +3.1% | -5.8% |
| VICIVici Properties | Real Estate | 0.50% | 2.59 | 2022-06-30 | +0.6% | +3.1% | -0.5% | -8.6% | +2.7% | -11.6% | -19.3% |
| FEFirstEnergy | Utilities | 0.49% | 1.41 | 2020-06-30 | +1.4% | +2.6% | +2.1% | -5.7% | +6.6% | +6.3% | +0.8% |
| ESEversource Energy | Utilities | 0.47% | 1.80 | 2024-03-28 | +1.3% | +1.7% | -0.1% | -9.4% | +4.2% | +2.7% | -3.2% |
| SWSmurfit WestRock | Consumer Cyclical | 0.45% | 1.32 | 2025-08-29 | -0.2% | -0.3% | -7.1% | -5.0% | -6.7% | +9.6% | +2.8% |
| VMRKEquity Residential | Real Estate | 0.45% | 0.99 | 2025-01-31 | +0.1% | +0.2% | +1.3% | -9.2% | +2.0% | +1.7% | +3.2% |
| RFRegions Financial Corporation | Financial Services | 0.45% | 1.34 | 2025-03-31 | +0.5% | +1.6% | -3.7% | -9.6% | +2.1% | +4.3% | +15.4% |
| TROWT. Rowe Price | Financial Services | 0.44% | 1.87 | 2021-06-30 | -0.4% | -4.0% | -3.1% | -11.1% | -3.0% | +2.5% | +0.5% |
| KEYKeyCorp | Financial Services | 0.42% | 1.34 | 2026-06-30 | +0.2% | +0.1% | -3.9% | -11.2% | -0.4% | -0.3% | +17.4% |
| EIXEdison International | Utilities | 0.41% | 2.59 | 2025-01-31 | +0.5% | +1.1% | +2.8% | -28.6% | +5.8% | -1.6% | +4.1% |
| OMCOmnicom Group | Communication Services | 0.40% | 1.50 | 2025-01-31 | -0.2% | +5.3% | +5.2% | +4.5% | +9.4% | +2.9% | +5.8% |
| DOWDow Inc. | Basic Materials | 0.38% | 1.94 | 2019-12-31 | +0.9% | +5.3% | +4.2% | -2.0% | +8.7% | +32.4% | +41.4% |
| AMCRAmcor | Consumer Cyclical | 0.38% | 2.59 | 2020-05-29 | +0.2% | +5.1% | +4.7% | +4.3% | +4.8% | +9.9% | +15.6% |
| STZConstellation Brands | Consumer Defensive | 0.37% | 1.07 | 2026-07-31 | +1.4% | +7.1% | +10.4% | +2.4% | +16.2% | -2.8% | -2.7% |
| CMSCMS Energy | Utilities | 0.37% | 1.04 | 2026-07-31 | +2.6% | +4.9% | +5.1% | -6.6% | +8.9% | +0.5% | -5.9% |
| BBYBest Buy | Consumer Cyclical | 0.36% | 1.50 | 2021-12-31 | -1.6% | +6.5% | -0.2% | +10.9% | +5.0% | +43.9% | +24.4% |
| LYBLyondellBasell | Basic Materials | 0.36% | 2.48 | 2019-12-31 | +2.1% | +6.6% | +3.4% | +4.8% | +11.4% | +52.7% | +45.5% |
| EVRGEvergy | Utilities | 0.35% | 1.02 | 2020-11-30 | +2.1% | +2.9% | +4.4% | -3.1% | +6.2% | +17.8% | +9.6% |
| IPInternational Paper | Consumer Cyclical | 0.34% | 2.23 | 2019-12-31 | -0.1% | +6.0% | -1.4% | -9.2% | +2.6% | -10.4% | -23.9% |
| ESSEssex Property Trust | Real Estate | 0.34% | 1.20 | 2025-01-31 | -0.1% | -0.8% | +0.7% | -7.2% | +0.0% | +7.0% | +8.9% |
| GPCGenuine Parts Company | Consumer Cyclical | 0.34% | 0.91 | 2026-02-27 | +0.3% | +5.5% | +4.6% | +12.4% | +6.5% | +12.0% | +3.9% |
| FISFidelity National Information Services | Technology | 0.33% | 2.02 | 2026-02-27 | -0.3% | +5.8% | +1.1% | -9.0% | +9.4% | -44.1% | -43.8% |
| GISGeneral Mills | Consumer Defensive | 0.33% | 2.59 | 2023-12-29 | +0.8% | +4.5% | -7.0% | -5.0% | +5.0% | -23.8% | -25.8% |
| BENFranklin Resources | Financial Services | 0.32% | 1.36 | 2024-01-31 | -1.3% | -3.2% | -5.2% | -3.1% | -3.5% | +34.2% | +42.7% |
| LNTAlliant Energy | Utilities | 0.32% | 0.90 | 2026-08-31 | +1.8% | +3.8% | +4.1% | -7.5% | +7.9% | +7.5% | +2.6% |
| INVHInvitation Homes | Real Estate | 0.31% | 1.62 | 2024-09-30 | +1.0% | +1.1% | +1.7% | -7.0% | +2.8% | +0.7% | -0.4% |
| HSTHost Hotels & Resorts | Real Estate | 0.30% | 2.59 | 2023-02-28 | +0.5% | +5.8% | +10.7% | +0.9% | +7.1% | +43.1% | +56.0% |
| KIMKimco Realty | Real Estate | 0.29% | 1.75 | 2022-05-31 | +1.1% | +3.4% | +1.7% | -9.9% | +3.1% | +16.8% | +10.5% |
| TSNTyson Foods | Consumer Defensive | 0.28% | 1.31 | 2026-09-30 NEW | +1.6% | +2.8% | +4.0% | -2.4% | +8.6% | -3.9% | +7.6% |
| DOCHealthpeak Properties | Real Estate | 0.27% | 2.55 | 2019-12-31 | +0.1% | +1.0% | -6.6% | -13.2% | -5.0% | +23.8% | +9.4% |
| WYWeyerhaeuser | Real Estate | 0.27% | 1.54 | 2026-09-30 NEW | +1.2% | +2.7% | -7.6% | -16.3% | +2.9% | -15.0% | -14.4% |
| MAAMid-America Apartment Communities | Real Estate | 0.27% | 2.04 | 2023-04-28 | +0.3% | +1.1% | -0.6% | -11.0% | +0.4% | -11.9% | -7.3% |
| SWKStanley Black & Decker | Industrials | 0.26% | 1.15 | 2024-10-31 | -0.3% | +4.4% | +3.2% | +6.7% | +4.4% | +28.3% | +42.4% |
| REGRegency Centers | Real Estate | 0.26% | 1.41 | 2021-09-30 | +0.3% | +1.7% | +0.4% | -8.9% | +1.9% | +9.2% | +5.3% |
| SJMJ.M. Smucker Company (The) | Consumer Defensive | 0.25% | 1.12 | 2024-03-28 | +1.2% | +6.3% | +3.6% | +11.2% | +7.2% | +34.3% | +28.2% |
| MKCMcCormick & Company | Consumer Defensive | 0.24% | 1.36 | 2026-03-31 | +1.4% | +4.5% | -3.9% | -6.7% | +1.0% | -30.0% | -26.5% |
| BF-BBrown–Forman | Consumer Defensive | 0.24% | 1.01 | 2025-12-31 | +1.1% | +9.4% | +11.3% | +13.3% | +10.2% | +13.8% | +10.0% |
| PNWPinnacle West | Utilities | 0.22% | 1.24 | 2025-05-30 | +1.8% | +4.5% | +9.8% | -1.0% | +11.2% | +19.9% | +14.6% |
| HRLHormel Foods | Consumer Defensive | 0.22% | 2.45 | 2024-05-31 | +1.0% | +7.9% | -0.5% | -17.2% | +3.9% | -9.2% | -9.0% |
| UDRUDR, Inc. | Real Estate | 0.21% | 1.98 | 2022-07-29 | +0.1% | +0.4% | +1.1% | -12.5% | +2.1% | -3.1% | -1.9% |
| AESAES Corporation | Utilities | 0.21% | 1.72 | 2024-08-30 | -0.1% | +0.1% | +0.8% | +2.1% | +0.3% | +8.1% | +6.4% |
| CLXClorox | Consumer Defensive | 0.19% | 2.57 | 2025-03-31 | +1.0% | +3.9% | +4.8% | -6.1% | +7.5% | -10.5% | -23.0% |
| CPTCamden Property Trust | Real Estate | 0.19% | 1.51 | 2023-03-31 | +0.4% | +1.0% | +0.5% | -11.7% | +1.9% | -7.6% | +1.0% |
| BXPBXP, Inc. | Real Estate | 0.19% | 1.64 | 2020-04-30 | -0.8% | +0.2% | -5.2% | -11.7% | -3.1% | -9.1% | -13.6% |
| FRTFederal Realty Investment Trust | Real Estate | 0.18% | 1.42 | 2025-01-31 | +0.6% | +0.1% | -3.1% | -13.9% | -0.8% | +10.0% | +12.9% |
| AREAlexandria Real Estate Equities | Real Estate | 0.18% | 2.53 | 2023-02-28 | -1.7% | -8.6% | -20.7% | -15.7% | -12.3% | -11.2% | -42.1% |
| CTVA | — | 0.15% | 2.59 | 2026-09-30 NEW | +0.0% | -2.7% | +6.6% | -85.5% | +10.6% | -80.7% | -79.0% |
| MOSMosaic Company (The) | Basic Materials | 0.14% | 1.33 | 2025-11-28 | -0.7% | +0.4% | -23.1% | -14.8% | -13.1% | -19.7% | -34.5% |
Bottom quintile: the lowest-scoring stocks, used as the equal-weighted short leg of the spread.
| ABNBAirbnb | Consumer Cyclical | -1.09 | 2023-09-29 | -0.3% | +4.7% | +4.5% | +26.3% | +8.1% | +28.0% | +39.8% |
|---|---|---|---|---|---|---|---|---|---|---|
| ACGLArch Capital Group | Financial Services | -1.09 | 2025-11-28 | +2.0% | +6.0% | +4.5% | +1.2% | +9.7% | +5.6% | +13.1% |
| ADBEAdobe Inc. | Technology | -1.09 | 2019-12-31 | -2.6% | +1.2% | -1.5% | +15.6% | +2.2% | -29.9% | -25.8% |
| ADSKAutodesk | Technology | -1.09 | 2019-12-31 | -2.1% | +1.9% | +10.6% | +16.9% | +14.8% | -19.0% | -21.4% |
| AKAMAkamai Technologies | Technology | -1.09 | 2019-12-31 | -4.9% | -17.9% | -16.0% | -25.2% | -17.4% | +0.6% | +19.2% |
| ALGNAlign Technology | Healthcare | -1.09 | 2019-12-31 | -1.4% | +3.2% | -0.2% | -12.4% | +1.4% | -5.7% | +14.7% |
| AMDAdvanced Micro Devices | Technology | -1.09 | 2019-12-31 | -5.9% | -13.1% | -5.5% | -2.0% | -13.6% | +146.9% | +121.6% |
| AMZNAmazon | Consumer Cyclical | -1.09 | 2019-12-31 | -1.9% | -4.7% | -1.5% | +7.0% | +0.3% | +8.3% | +16.0% |
| ANETArista Networks | Technology | -1.09 | 2019-12-31 | -4.6% | -18.3% | -11.2% | +0.2% | -13.1% | +35.1% | +23.4% |
| APPAppLovin Corporation | Technology | -1.09 | 2025-09-30 | -4.7% | -3.9% | -13.6% | -33.3% | -8.4% | -60.5% | -55.8% |
| APTVAptiv | Consumer Cyclical | -1.09 | 2020-11-30 | -0.7% | +2.4% | +2.9% | -20.0% | +4.3% | -41.0% | -46.4% |
| AXONAxon Enterprise | Industrials | -1.09 | 2023-05-31 | -6.5% | -7.7% | -12.8% | -20.7% | -7.6% | -31.3% | -39.5% |
| AZOAutoZone | Consumer Cyclical | -1.09 | 2019-12-31 | +2.0% | +6.2% | +9.3% | +6.7% | +10.3% | -8.0% | -22.5% |
| BABoeing | Industrials | -1.09 | 2021-02-26 | +0.8% | -0.1% | -4.0% | -9.1% | +2.2% | -12.4% | -11.1% |
| BEBloom Energy Corporation | Industrials | -1.09 | 2026-09-30 NEW | -6.3% | -21.1% | -16.7% | +1.8% | -20.1% | +154.7% | +89.8% |
| BIIBBiogen | Healthcare | -1.09 | 2019-12-31 | -1.1% | +3.1% | +8.0% | +16.0% | +3.0% | +32.2% | +61.9% |
| BRK-BBerkshire Hathaway | Financial Services | -1.09 | 2019-12-31 | +1.2% | +3.2% | +4.4% | +8.4% | +6.9% | +5.9% | +7.2% |
| BSXBoston Scientific | Healthcare | -1.09 | 2019-12-31 | +0.6% | +3.9% | +2.4% | +1.9% | +1.7% | -53.4% | -54.6% |
| CBRECBRE Group | Real Estate | -1.09 | 2019-12-31 | -1.8% | +1.7% | -4.6% | -1.8% | +3.6% | -17.2% | -15.1% |
| CDNSCadence Design Systems | Technology | -1.09 | 2019-12-31 | -1.5% | -9.4% | +12.9% | -3.3% | -3.2% | +2.2% | -1.4% |
| CHTRCharter Communications | Communication Services | -1.09 | 2019-12-31 | +0.1% | +6.5% | -14.1% | -13.0% | -0.7% | -47.2% | -58.4% |
| CIENCiena Corporation | Technology | -1.09 | 2026-02-27 | -6.7% | -26.0% | -4.6% | -18.4% | -5.4% | +42.3% | +97.2% |
| CMGChipotle Mexican Grill | Consumer Cyclical | -1.09 | 2019-12-31 | -2.3% | -5.4% | -10.6% | -6.6% | -6.5% | -19.2% | -28.4% |
| CNCCentene Corporation | Healthcare | -1.09 | 2019-12-31 | -1.9% | +5.8% | +6.2% | +8.5% | +11.3% | +68.1% | +93.2% |
| COHRCoherent, Inc. | Technology | -1.09 | 2026-03-31 | -7.1% | -25.5% | -26.6% | -25.6% | -19.1% | +26.2% | +110.9% |
| COINCoinbase Global | Financial Services | -1.09 | 2025-05-30 | -5.8% | -3.5% | -10.9% | +7.4% | -7.1% | -23.4% | -48.5% |
| COOCooper Companies (The) | Healthcare | -1.09 | 2023-12-29 | +0.9% | +6.6% | +4.8% | -17.5% | +2.5% | -29.3% | -15.7% |
| CPAYCorpay | Technology | -1.09 | 2019-12-31 | -1.6% | +0.5% | +0.5% | +9.6% | +2.9% | +32.9% | +38.9% |
| CPRTCopart | Consumer Cyclical | -1.09 | 2019-12-31 | +0.4% | +2.0% | -4.8% | +2.5% | +2.2% | -28.8% | -37.5% |
| CRLCharles River Laboratories | Healthcare | -1.09 | 2021-05-28 | -2.0% | -0.5% | +7.9% | +30.9% | +1.7% | +50.5% | +75.8% |
| CRWDCrowdStrike | Technology | -1.09 | 2024-06-28 | -7.0% | -17.3% | -4.3% | +24.0% | -14.1% | +94.0% | +86.0% |
| CSGPCoStar Group | Real Estate | -1.09 | 2022-09-30 | +1.0% | +8.9% | +11.1% | +19.1% | +17.9% | -51.9% | -57.0% |
| CVNACarvana Co. | Consumer Cyclical | -1.09 | 2025-12-31 | -2.9% | -7.7% | -9.7% | -2.3% | -5.9% | -30.3% | -17.2% |
| DASHDoorDash | Communication Services | -1.09 | 2025-03-31 | -2.0% | -3.7% | -2.0% | +11.4% | +3.0% | -16.5% | -30.6% |
| DDOGDatadog | Technology | -1.09 | 2025-07-31 | -7.2% | -15.7% | +7.5% | +1.1% | -9.8% | +81.7% | +54.4% |
| DECKDeckers Brands | Consumer Cyclical | -1.09 | 2024-03-28 | -1.0% | +3.4% | +9.3% | -10.9% | +9.7% | -17.3% | -11.1% |
| DLTRDollar Tree | Consumer Defensive | -1.09 | 2019-12-31 | -0.2% | +4.7% | +10.9% | +5.5% | +8.9% | +0.9% | +29.4% |
| DVADaVita | Healthcare | -1.09 | 2019-12-31 | -1.0% | +4.5% | +1.9% | -20.1% | +7.1% | +64.9% | +48.7% |
| DXCMDexcom | Healthcare | -1.09 | 2020-05-29 | -1.9% | +2.3% | -3.7% | +22.1% | -0.3% | +29.6% | +31.5% |
| ECHOEchoStar Corporation | Communication Services | -1.09 | 2019-12-31 | -1.7% | -10.0% | -8.7% | -6.7% | -4.5% | -21.5% | +14.1% |
| EWEdwards Lifesciences | Healthcare | -1.09 | 2019-12-31 | -1.7% | +1.6% | -1.9% | +3.3% | +0.3% | +1.6% | +18.7% |
| FDXFFedEx Freight Holding Company, Inc. | Industrials | -1.09 | 2026-06-30 | +2.5% | -2.0% | -5.8% | -26.9% | +3.5% | -25.0% | — |
| FFIVF5, Inc. | Technology | -1.09 | 2019-12-31 | -3.2% | -7.9% | +2.3% | +13.9% | -0.7% | +73.2% | +33.6% |
| FICOFair Isaac | Technology | -1.09 | 2023-03-31 | +0.2% | +15.5% | -18.8% | -36.1% | +30.2% | -54.4% | -52.9% |
| FISVFiserv, Inc. | Technology | -1.09 | 2019-12-31 | +0.7% | +4.2% | +0.8% | -4.8% | +5.2% | -29.2% | -60.7% |
| FLEXFlex Ltd. | Technology | -1.09 | 2026-06-30 | -8.2% | -24.5% | -16.6% | -29.3% | -17.8% | +49.7% | +42.2% |
| FSLRFirst Solar | Energy | -1.09 | 2022-12-30 | -3.5% | -2.9% | -11.9% | -16.2% | -1.4% | -33.9% | -29.4% |
| FTNTFortinet | Technology | -1.09 | 2019-12-31 | -7.0% | -13.2% | -0.4% | +11.6% | -5.4% | +113.0% | +102.4% |
| GDDYGoDaddy | Technology | -1.09 | 2024-06-28 | -1.2% | +1.5% | +8.7% | +20.9% | +10.9% | -14.6% | -18.6% |
| GNRCGenerac | Industrials | -1.09 | 2021-03-31 | -2.9% | -14.3% | -7.1% | -8.5% | -6.9% | +41.3% | +0.5% |
| HONAHoneywell Aerospace Inc | Technology | -1.09 | 2026-06-30 | +3.0% | +6.4% | +2.7% | -14.2% | +8.5% | -16.0% | — |
| HOODRobinhood Markets, Inc. | Financial Services | -1.09 | 2025-09-30 | -4.9% | -9.3% | -17.5% | -2.7% | -12.1% | -12.6% | -26.3% |
| HSICHenry Schein | Healthcare | -1.09 | 2019-12-31 | -0.7% | +2.8% | +1.8% | +2.2% | +2.9% | +14.3% | +36.6% |
| IDXXIdexx Laboratories | Healthcare | -1.09 | 2019-12-31 | +2.4% | +8.2% | +9.5% | +3.9% | +7.3% | -17.2% | -12.3% |
| ILMNIllumina, Inc. | Healthcare | -1.09 | 2026-09-30 NEW | -2.0% | -5.6% | +9.6% | +33.4% | -4.1% | +100.2% | +182.3% |
| INCYIncyte | Healthcare | -1.09 | 2019-12-31 | -0.2% | +0.2% | -9.8% | -3.1% | -6.8% | +14.5% | +28.3% |
| INTCIntel | Technology | -1.09 | 2025-08-29 | -5.8% | -14.2% | -17.3% | -10.4% | -25.3% | +143.5% | +141.9% |
| IQVIQVIA | Healthcare | -1.09 | 2019-12-31 | -1.5% | +2.7% | +0.2% | +28.7% | -0.7% | +18.4% | +31.4% |
| ISRGIntuitive Surgical | Healthcare | -1.09 | 2019-12-31 | -0.3% | +0.7% | +8.5% | +28.5% | +4.9% | -24.7% | -2.1% |
| ITGartner | Technology | -1.09 | 2019-12-31 | -0.9% | +7.4% | +10.5% | +53.6% | +10.1% | -18.6% | -13.3% |
| KEYSKeysight Technologies | Technology | -1.09 | 2019-12-31 | -3.2% | -13.5% | -1.1% | +1.9% | -9.0% | +63.0% | +100.9% |
| LITELumentum Holdings Inc. | Technology | -1.09 | 2026-03-31 | -5.2% | -25.3% | -11.5% | -1.1% | -15.2% | +123.6% | +426.4% |
| LULULululemon Athletica | Consumer Cyclical | -1.09 | 2023-10-31 | -2.0% | +2.8% | -1.0% | -12.2% | +0.9% | -53.3% | -41.9% |
| LYVLive Nation Entertainment | Communication Services | -1.09 | 2019-12-31 | -1.2% | +0.1% | +2.0% | -3.1% | +0.7% | +19.7% | +9.8% |
| MGMMGM Resorts | Consumer Cyclical | -1.09 | 2023-12-29 | -3.0% | -2.3% | -24.4% | -36.4% | -7.9% | -21.6% | -11.1% |
| MNSTMonster Beverage | Consumer Defensive | -1.09 | 2019-12-31 | +0.9% | +4.8% | +2.3% | -2.2% | +9.9% | +19.3% | +33.2% |
| MRNAModerna | Healthcare | -1.09 | 2021-07-30 | -7.8% | -3.1% | +41.5% | +282.3% | +13.2% | +639.3% | +686.5% |
| MTDMettler Toledo | Healthcare | -1.09 | 2019-12-31 | -1.0% | +4.7% | +16.5% | +21.8% | +7.4% | +16.4% | +24.4% |
| NCLHNorwegian Cruise Line Holdings | Consumer Cyclical | -1.09 | 2019-12-31 | -2.2% | -3.3% | +6.6% | -19.6% | +2.7% | -32.6% | -36.2% |
| NFLXNetflix | Communication Services | -1.09 | 2019-12-31 | -2.9% | +0.3% | -1.8% | +2.4% | +1.4% | -24.8% | -41.4% |
| NOWServiceNow | Technology | -1.09 | 2019-12-31 | -4.4% | +0.8% | +4.8% | +54.4% | +5.9% | -7.3% | -21.4% |
| NVRNVR, Inc. | Consumer Cyclical | -1.09 | 2019-12-31 | -0.4% | +0.4% | -3.8% | -3.8% | -3.8% | -18.8% | -22.6% |
| ONON Semiconductor | Technology | -1.09 | 2022-06-30 | -2.3% | -7.1% | +2.9% | -20.1% | -6.3% | +33.0% | +43.0% |
| ORLYO'Reilly Auto Parts | Consumer Cyclical | -1.09 | 2019-12-31 | +0.9% | +3.3% | +5.4% | +3.7% | +4.5% | -2.1% | -12.6% |
| PEverpure, Inc. | Technology | -1.09 | 2026-09-30 NEW | -7.0% | -19.7% | +19.1% | +64.9% | -5.2% | +85.1% | +34.0% |
| PANWPalo Alto Networks | Technology | -1.09 | 2023-06-30 | -7.6% | -18.3% | -5.9% | +5.0% | -13.9% | +85.7% | +65.5% |
| PLTRPalantir Technologies | Technology | -1.09 | 2024-09-30 | -7.2% | -11.0% | +4.7% | +50.8% | -0.5% | +4.7% | +3.6% |
| PODDInsulet Corporation | Healthcare | -1.09 | 2023-03-31 | +1.7% | +4.3% | +0.4% | -10.9% | +8.2% | -50.4% | -54.8% |
| PTCPTC Inc. | Technology | -1.09 | 2021-04-30 | -0.1% | -0.8% | +42.0% | +70.7% | +37.5% | +10.8% | -4.8% |
| RDDTReddit, Inc. | Communication Services | -1.09 | 2026-08-31 | -2.0% | -2.4% | +3.5% | -7.5% | +9.6% | -32.1% | -22.2% |
| SMCISupermicro | Technology | -1.09 | 2024-03-28 | -9.9% | -24.4% | -19.1% | +1.4% | -23.0% | +8.1% | -41.4% |
| SNDKSandisk Corporation | Technology | -1.09 | 2025-11-28 | -6.9% | -17.9% | -27.5% | -19.3% | -25.3% | +447.3% | +800.4% |
| SNPSSynopsys | Technology | -1.09 | 2019-12-31 | -2.9% | -10.9% | +18.1% | +21.7% | +4.5% | -3.2% | +4.3% |
| SOLVSolventum | Healthcare | -1.09 | 2024-04-30 | -2.3% | -1.7% | -3.4% | +11.1% | -2.6% | +8.3% | +19.9% |
| TDGTransDigm Group | Industrials | -1.09 | 2026-09-30 NEW | +0.4% | +2.8% | +4.9% | -6.1% | +5.2% | -14.3% | -8.0% |
| TDYTeledyne Technologies | Technology | -1.09 | 2020-06-30 | -0.2% | +0.8% | +2.5% | -5.0% | +1.9% | +21.1% | +9.5% |
| TRMBTrimble Inc. | Technology | -1.09 | 2021-08-31 | -2.5% | -1.1% | +3.3% | +18.1% | +4.1% | -24.1% | -24.5% |
| TSLATesla, Inc. | Consumer Cyclical | -1.09 | 2021-08-31 | -2.1% | -7.3% | -2.6% | +11.0% | -0.0% | -21.1% | -18.5% |
| TTWOTake-Two Interactive | Technology | -1.09 | 2021-08-31 | -2.0% | -3.8% | -0.1% | -10.8% | -1.1% | -19.8% | -21.5% |
| TYLTyler Technologies | Technology | -1.09 | 2021-09-30 | -0.8% | +9.5% | +6.9% | +25.2% | +13.3% | -20.5% | -28.1% |
| UALUnited Airlines Holdings | Industrials | -1.09 | 2021-11-30 | -5.1% | -10.6% | -11.6% | -16.7% | -13.4% | -14.1% | -7.6% |
| UBERUber | Technology | -1.09 | 2023-12-29 | -1.3% | -1.6% | -0.2% | +2.1% | +2.7% | -13.9% | -25.6% |
| ULTAUlta Beauty | Consumer Cyclical | -1.09 | 2021-11-30 | -2.7% | +4.0% | +9.6% | +24.1% | +8.6% | -2.0% | +10.1% |
| VEEVVeeva Systems Inc. | Healthcare | -1.09 | 2026-05-29 | -0.9% | +4.8% | +19.3% | +72.8% | +8.7% | +39.0% | +8.0% |
| VRTXVertex Pharmaceuticals | Healthcare | -1.09 | 2022-05-31 | -1.8% | -2.0% | -1.7% | +5.6% | -4.4% | +10.2% | +22.5% |
| WATWaters Corporation | Healthcare | -1.09 | 2022-06-30 | -1.6% | +0.7% | +3.6% | +14.3% | -0.6% | +15.0% | +31.4% |
| WBD | — | -1.09 | 2023-05-31 | +0.0% | +0.2% | +9.6% | +16.4% | +0.0% | +7.4% | +60.9% |
| WDAYWorkday, Inc. | Technology | -1.09 | 2024-12-31 | -3.0% | +2.3% | -1.6% | +49.2% | +0.2% | -11.2% | -18.7% |
| XYZBlock, Inc. | Technology | -1.09 | 2025-07-31 | -2.4% | +0.8% | +2.1% | +1.8% | +5.9% | +19.7% | +2.3% |
| ZBRAZebra Technologies | Technology | -1.09 | 2023-11-30 | -2.2% | -4.7% | +6.5% | +43.6% | -1.1% | +52.0% | +25.8% |
Score is the cross-sectional z-score at rebalance. “Since” marks the start of the stock’s current uninterrupted run in that book. A missing long weight means no usable market cap at rebalance; the name remains in the equal-weighted spread leg. Individual stock returns are descriptive, not portfolio attribution.
How Dividend yield is defined
Ranked by trailing-twelve-month dividends per share, dated by ex-dividend date, divided by price.
Raw metrics are winsorized at the 2.5th and 97.5th percentiles, then standardized within the point-in-time universe. Stocks are split into five groups at each month-end rebalance.
The long portfolio holds the top quintile, weighted by market capitalization with a 5% name cap at rebalance. The Q5 − Q1 spread uses equal weights on both sides. Holdings drift with prices between rebalances.
First rebalance: 2019-12-31. The 5-day z-score compares the latest relative move with the prior 252 overlapping 5-day moves.
Read the full methodology →Sector exposure
Long portfolio / S&P 500 benchmark
Utilities17.7% / 2.2%
Financial Services15.2% / 11.8%
Real Estate12.4% / 1.6%
Consumer Cyclical12.0% / 9.1%
Consumer Defensive11.7% / 4.8%
Communication Services9.0% / 10.6%
Healthcare7.9% / 9.1%
Energy7.4% / 3.3%
Technology3.2% / 38.7%
Industrials2.5% / 7.2%
Basic Materials0.9% / 1.4%
Unknown0.1% / 0.1%
Monthly portfolio changes
The last 12 rebalances of the long book. Turnover is the share of names newly added.
2026-09-30 6 added · 6 dropped
Added CTVA, EXC, HD, MCD, TSN, WY
Dropped FITB, HAS, PM, SWKS, TAP, TDG
2026-08-31 9 added · 9 dropped
Added AEP, FITB, KMI, LNT, NEE, PLD, PNC, SRE, XEL
Dropped AVB, DRI, EXC, EXE, IBM, TGT, TSCO, TSN, WY
2026-07-31 7 added · 7 dropped
Added CMS, DRI, DTE, IBM, PPL, STZ, TSCO
Dropped APA, COP, CTSH, EOG, IVZ, KMI, PLD
2026-06-30 9 added · 9 dropped
Added APA, COP, CTSH, EXC, HAS, HSY, IVZ, KEY, PLD
Dropped ABBV, CAG, CMS, CPB, DTE, FITB, KDP, PNC, PPL
2026-05-29 6 added · 6 dropped
Added BX, CMS, DTE, EOG, KMI, PPL
Dropped CVS, EXC, IVZ, KEY, PFG, VTRS
2026-04-30 6 added · 6 dropped
Added ABBV, ED, EXE, NKE, SO, WEC
Dropped ADP, BX, IRM, KMI, MET, UNH
2026-03-31 10 added · 10 dropped
Added ACN, ADP, CME, EXC, IRM, MDT, MKC, PEG, TAP, UNH
Dropped APA, DTE, ED, EOG, HAS, LW, NEE, PSX, SO, WEC
2026-02-27 8 added · 8 dropped
Added ARES, FIS, FITB, GPC, IVZ, MET, NEE, PNC
Dropped AEP, EXC, IRM, LNT, PLD, STZ, TAP, TXN
2026-01-30 7 added · 7 dropped
Added AEP, BX, LNT, PGR, PLD, STZ, TXN
Dropped ADM, COP, FITB, GPC, WMB, XEL, XOM
2025-12-31 7 added · 7 dropped
Added BF-B, DTE, GPC, LW, SO, WEC, XEL
Dropped BAX, CME, IVZ, LKQ, MCHP, PCAR, PNC
2025-11-28 6 added · 6 dropped
Added ADM, IRM, KMI, MCHP, MDLZ, MOS
Dropped ACGL, CTRA, EMN, IPG, MRK, STZ
2025-10-31 7 added · 7 dropped
Added BAX, COP, PAYX, PM, PNC, STZ, WMB
Dropped ADM, AMGN, BF-B, BG, KMI, PLD, VTR