For educational purposes only. Nothing on this site constitutes investment advice. Disclaimers

Factor - Momentum & Value

Canadian-listed momentum and Nasdaq growth paired with US small-cap value — 60% growth, 40% value, buy and hold.

How to read sleeves and model portfolios →

Ticker	Weight	Beta	Notes
FINN.NE	20%	1.53	Fidelity Global Innovators ETF — Mark Schmehl's concentrated, actively managed global momentum sleeve, benchmarked to the Nasdaq Composite.
FCMO.NE	10%	1	Fidelity U.S. Momentum ETF, a 100-stock U.S. large-cap momentum factor rebalanced quarterly.
QQQL.TO	25%	1.25	1.25× Nasdaq-100 (charts: 1.25× QQQ TR in CAD + Canadian borrow on extra 0.25× notional).
ZLB.TO	25%	0.63	BMO Low Volatility Canadian Equity, a defensive low-beta anchor.
VFLO	20%	0.75	Large-cap free-cash-flow quality tilt — value factor via high-FCF yield selection.

Weighted portfolio beta (approx.): 1.03

Copy portfolio to builder →

Total return (vs SPY)

Range

+24.67%

Portfolio

+12.60%

SPY (benchmark)

+12.07%

Excess α vs SPY

-6.13%

Max drawdown

-8.88%

SPY max DD

1.53

Sharpe

2.40

Sortino

Portfolio score: A

Alpha score: A+

Max DD score: A

Beta score: B

Beta: 1.03

Net leverage:

Total: 96.3%

Gross longs: 96.3%

Gross shorts: 0.0%

Gross alpha & alts: 0.0%

Portfolio weights:

FINN.NE: 20%

FCMO.NE: 10%

QQQL.TO: 25%

ZLB.TO: 25%

VFLO: 20%

PortfolioSPY

Educational model only — not investment advice. Portfolio betas in the holdings table are weighted to the listed names and weights.

FINN.NE: methodology lists TEC.TO as Yahoo proxies for joint history before live listing when calendar overlap allows. In this chart's Yahoo range there was no separate pre-listing window to splice—line shows the fund's reported adjusted closes only.

FCMO.NE: methodology lists SPMO as Yahoo proxies for joint history before live listing when calendar overlap allows. In this chart's Yahoo range there was no separate pre-listing window to splice—line shows the fund's reported adjusted closes only.

VFLO: methodology lists COWZ × GARP as Yahoo proxies for joint history before live listing when calendar overlap allows. In this chart's Yahoo range there was no separate pre-listing window to splice—line shows the fund's reported adjusted closes only.

VFLO's inception date of 2020-01-16 is limiting the backtest.

Growthshared core

Factor

Alpha: equity factor (momentum, value) (FINN.NE, FCMO.NE, ZLB.TO, VFLO)Growth: Global equity/US large-cap/Canadian equity/Nasdaq-100 (FINN.NE, FCMO.NE, ZLB.TO, VFLO, QQQL.TO)

100%

Inflation