Monthly first-Friday momentum funnel on Nasdaq-100 constituents (50→30→10)
Strategy overview
Instead of owning every name in the Nasdaq-100, this rules-based model runs a successive three-step momentum funnel each first Friday, concentrates into the top ten leaders at equal weight, and rotates capital out of names that lose strength so the portfolio stays with the innovators driving gains.
Performance
OOS from Jan 1, 2026 (dashed line).
Key Performance Indicators
399.8%Total return (6.7 yr)
26.9%CAGR (6.7 yr)
28.6%Max drawdownQQQ 34.9% · SPY 33.6%
0.85Sharpe ratioSPY 0.73 · QQQ 0.83
1.58Sortino ratioSPY 1.13 · QQQ 1.38
MonthlyTrading frequency
—OOS start
$20KMin. capitalCovers $100/mo fees using 6.0% excess CAGR over QQQ (26.9% vs 21.0%), both annualized over the same 6.7-year backtest (Jan 2020 – Oct 2026). Based on backtest; not a guarantee.
Drawdowns
Backtest report
| Series | Total return | CAGR | Max DD (monthly) | Max DD (daily) |
|---|---|---|---|---|
| Strategy | 399.75% | 26.93% | 28.64% | 35.87% |
| SPY (buy & hold) | 162.00% | 15.35% | 24.77% | 33.61% |
| QQQ (buy & hold) | 260.93% | 20.96% | 32.98% | 34.91% |