| Year | Strat | S&P 500 | Δ |
|---|---|---|---|
| 2026* | +9.0% | +11.7% | -2.7% |
| 2025 | +18.2% | +16.4% | +1.8% |
| 2024 | +19.2% | +23.5% | -4.3% |
| 2023 | +18.6% | +24.2% | -5.6% |
| 2022 | -28.2% | -19.7% | -8.5% |
| 2021 | +35.7% | +27.4% | +8.3% |
| 2020 | +39.7% | +16.2% | +23.5% |
| 2019* | +36.8% | +0.3% | +36.5% |
| 2018 | +1.3% | — | — |
| 2017 | +43.0% | — | — |
| 2016 | +10.7% | — | — |
| 2015* | +0.0% | — | — |
S&P 500 non-financials, point-in-time. Keep profitable companies growing at a reasonable price (positive value-creation / FVC) with a real 3-year revenue base, then rank by 3y revenue CAGR PLUS a reward for accelerating growth (latest-year vs prior-year revenue growth), dropping sharply decelerating names. Top 15 equal weight, monthly. Total return.
| Period | Strategy | S&P 500 | vs index |
|---|---|---|---|
| Day | +1.7% | +0.9% | +0.9% |
| Week | +2.2% | -0.8% | +2.9% |
| Month | -4.3% | -1.7% | -2.6% |
| # | Holding | Weight | Day | growth+accel |
|---|---|---|---|---|
| 1 | MU revenue 3y CAGR +56%/yr; growth accelerating (latest yr +135% vs prior +73%); value-creation/FVC +77%. | 6.7% | -0.2% | 92% |
| 2 | PWR revenue 3y CAGR +36%/yr; growth accelerating (latest yr +76% vs prior +18%); value-creation/FVC +36%. | 6.7% | +5.1% | 71% |
| 3 | APH revenue 3y CAGR +32%/yr; growth accelerating (latest yr +54% vs prior +41%); value-creation/FVC +17%. | 6.7% | +4.6% | 40% |
| 4 | AMD revenue 3y CAGR +24%/yr; growth accelerating (latest yr +40% vs prior +27%); value-creation/FVC +12%. | 6.7% | +2.5% | 31% |
| 5 | META revenue 3y CAGR +24%/yr; growth accelerating (latest yr +28% vs prior +19%); value-creation/FVC +12%. | 6.7% | +0.6% | 29% |
| 6 | LLY revenue 3y CAGR +33%/yr; growth slowing (latest yr +30% vs prior +37%); value-creation/FVC +10%. | 6.7% | -0.7% | 28% |
| 7 | AVGO revenue 3y CAGR +29%/yr; growth slowing (latest yr +26% vs prior +28%); value-creation/FVC +29%. | 6.7% | +0.3% | 27% |
| 8 | DELL revenue 3y CAGR +13%/yr; growth accelerating (latest yr +32% vs prior +10%); value-creation/FVC +72%; NB FVC rests on a depressed base quarter (2025 q2 EBITDA 756 vs 2160 typical) - a one-off, not a new run-rate. | 6.7% | +12.0% | 26% |
| 9 | NEM revenue 3y CAGR +32%/yr; growth slowing (latest yr +25% vs prior +38%); value-creation/FVC +34%. | 6.7% | +0.5% | 24% |
| 10 | GOOG revenue 3y CAGR +14%/yr; growth accelerating (latest yr +17% vs prior +13%); value-creation/FVC +17%. | 6.7% | +1.5% | 17% |
| 11 | AMZN revenue 3y CAGR +13%/yr; growth accelerating (latest yr +16% vs prior +11%); value-creation/FVC +14%. | 6.7% | +1.9% | 16% |
| 12 | UBER revenue 3y CAGR +16%/yr; growth slowing (latest yr +17% vs prior +18%); value-creation/FVC +15%. | 6.7% | -1.2% | 16% |
| 13 | MA revenue 3y CAGR +14%/yr; growth accelerating (latest yr +16% vs prior +15%); value-creation/FVC +13%. | 6.7% | +0.7% | 15% |
| 14 | ORCL revenue 3y CAGR +10%/yr; growth accelerating (latest yr +17% vs prior +10%); value-creation/FVC +33%. | 6.7% | -1.7% | 15% |
| 15 | V revenue 3y CAGR +12%/yr; growth accelerating (latest yr +14% vs prior +11%); value-creation/FVC +16%. | 6.7% | +0.9% | 14% |
| Rebalance | Signal | Holding | Price (USD) | Weight | Result |
|---|---|---|---|---|---|
| 1 Sep 2026 | Buy | LLY ELI LILLY & Co revenue 3y CAGR +33%/yr; growth slowing (latest yr +30% vs prior +37%); value-creation/FVC +10%. | 1 160 | 6.7% | — |
| Sell | RTX RTX Corp dropped out of the top ranking (entry score was 8%) | 205.16 | — | -7.4% | |
| 17 Aug 2026 | Buy | AMD Advanced Micro Devices revenue 3y CAGR +24%/yr; growth accelerating (latest yr +40% vs prior +27%); value-creation/FVC +11%. | 506.00 | 6.7% | — |
| Buy | NEM Newmont revenue 3y CAGR +32%/yr; growth slowing (latest yr +25% vs prior +38%); value-creation/FVC +35%. | 120.33 | 6.7% | — | |
| Buy | GOOG Alphabet revenue 3y CAGR +14%/yr; growth accelerating (latest yr +17% vs prior +13%); value-creation/FVC +17%. | 341.45 | 6.7% | — | |
| Buy | AMZN Amazon revenue 3y CAGR +13%/yr; growth accelerating (latest yr +16% vs prior +11%); value-creation/FVC +14%. | 261.31 | 6.7% | — | |
| Buy | RTX RTX Corp revenue 3y CAGR +10%/yr; growth slowing (latest yr +12% vs prior +15%); value-creation/FVC +13%. | 221.64 | 6.7% | — | |
| Sell | NVDA NVIDIA dropped out of the top ranking (entry score was 119%) | 225.01 | — | +5.9% | |
| Sell | INTU Intuit dropped out of the top ranking (entry score was 10%) | 335.60 | — | +2.3% | |
| Sell | UNH United Health dropped out of the top ranking (entry score was 7%) | 395.62 | — | -2.8% | |
| Sell | ADBE Adobe dropped out of the top ranking (entry score was 6%) | 254.04 | — | -4.2% | |
| Sell | SYK Stryker dropped out of the top ranking (entry score was 5%) | 331.68 | — | -4.1% | |
| 10 Aug 2026 | Buy | SYK Stryker revenue 3y CAGR +9%/yr; growth slowing (latest yr +5% vs prior +11%); value-creation/FVC +49%. | 345.81 | 6.7% | — |
| Sell | MCK McKesson dropped out of the top ranking (entry score was 9%) | 879.87 | — | +0.3% | |
| 7 Aug 2026 | Buy | UNH United Health revenue 3y CAGR +9%/yr; growth slowing (latest yr +6% vs prior +10%); value-creation/FVC +31%. | 407.08 | 6.7% | — |
| Buy | ADBE Adobe revenue 3y CAGR +9%/yr; growth slowing (latest yr +5% vs prior +11%); value-creation/FVC +12%. | 265.21 | 6.7% | — | |
| Sell | MNST Monster Beverage Corp dropped out of the top ranking (entry score was 19%) | 90.36 | — | -2.8% | |
| Sell | RCL Royal Caribbean Cruises dropped out of the top ranking (entry score was 12%) | 321.59 | — | -1.8% | |
| 5 Aug 2026 | Buy | RCL Royal Caribbean Cruises revenue 3y CAGR +11%/yr; growth accelerating (latest yr +5% vs prior +2%); value-creation/FVC +38%. | 327.42 | 6.7% | — |
| Buy | INTU Intuit revenue 3y CAGR +13%/yr; growth slowing (latest yr +11% vs prior +15%); value-creation/FVC +26%. | 327.94 | 6.7% | — | |
| Buy | MCK McKesson revenue 3y CAGR +12%/yr; growth slowing (latest yr +11% vs prior +16%); value-creation/FVC +22%. | 877.23 | 6.7% | — | |
| Sell | VRT Vertiv Holdings Co dropped out of the top ranking (entry score was 20%) | 277.94 | — | -10.9% | |
| Sell | ISRG Intuitive Surgical dropped out of the top ranking (entry score was 14%) | 375.20 | — | -9.6% | |
| Sell | MSFT Microsoft dropped out of the top ranking (entry score was 13%) | 487.46 | — | -1.1% | |
| 4 Aug 2026 | Buy | V Visa revenue 3y CAGR +11%/yr; growth accelerating (latest yr +17% vs prior +8%); value-creation/FVC +28%. | 369.59 | 6.7% | — |
| Buy | UBER Uber Technologies, Inc revenue 3y CAGR +15%/yr; growth accelerating (latest yr +18% vs prior +18%); value-creation/FVC +27%. | 71.99 | 6.7% | — | |
| Buy | MSFT Microsoft revenue 3y CAGR +15%/yr; growth slowing (latest yr +13% vs prior +15%); value-creation/FVC +13%. | 492.81 | 6.7% | — | |
| Sell | PLTR Palantir Technologies Inc. dropped out of the top ranking (entry score was 59%) | 162.66 | — | +21.2% | |
| Sell | ANET Arista Networks, Inc. dropped out of the top ranking (entry score was 31%) | 191.76 | — | +14.7% | |
| Sell | CAT Caterpillar dropped out of the top ranking (entry score was 20%) | 876.54 | — | -1.4% | |
| 22 Jul 2026 | Buy | DELL Dell Technologies Inc. revenue 3y CAGR +11%/yr; growth accelerating (latest yr +38% vs prior +0%); value-creation/FVC +80%. | 440.36 | 6.7% | — |
| Buy | AVGO Broadcom Inc. revenue 3y CAGR +32%/yr; growth slowing (latest yr +45% vs prior +52%); value-creation/FVC +31%. | 396.81 | 6.7% | — | |
| Buy | ORCL Oracle revenue 3y CAGR +12%/yr; growth accelerating (latest yr +23% vs prior +4%); value-creation/FVC +36%. | 125.84 | 6.7% | — | |
| Buy | CAT Caterpillar revenue 3y CAGR +9%/yr; growth accelerating (latest yr +12% vs prior -6%); value-creation/FVC +7%. | 889.31 | 6.7% | — | |
| Sell | AMGN Amgen dropped out of the top ranking (entry score was 77%) | 366.05 | — | +4.4% | |
| Sell | HOOD Robinhood Markets, Inc. dropped out of the top ranking (entry score was 68%) | 104.48 | — | +6.5% | |
| Sell | INTU Intuit dropped out of the top ranking (entry score was 18%) | 284.47 | — | -2.3% | |
| Sell | AMD Advanced Micro Devices dropped out of the top ranking (entry score was 16%) | 552.33 | — | +0.9% | |
| 17 Jul 2026 | Buy | INTU Intuit revenue 3y CAGR +13%/yr; growth accelerating (latest yr +17% vs prior +9%); value-creation/FVC +27%. | 291.09 | 6.7% | — |
| Sell | UBER Uber Technologies, Inc dropped out of the top ranking (entry score was 14%) | 72.46 | — | -2.6% | |
| 3 Jul 2026 | Buy | UBER Uber Technologies, Inc revenue 3y CAGR +15%/yr; growth slowing (latest yr +15% vs prior +18%); value-creation/FVC +44%. | 74.43 | 6.7% | — |
| Sell | RCL Royal Caribbean Cruises dropped out of the top ranking (entry score was 19%) | 296.30 | — | -5.2% | |
| 19 Jun 2026 | Buy | RCL Royal Caribbean Cruises revenue 3y CAGR +16%/yr; growth accelerating (latest yr +9% vs prior +3%); value-creation/FVC +39%. | 312.51 | 6.7% | — |
| Sell | UBER Uber Technologies, Inc dropped out of the top ranking (entry score was 14%) | 71.64 | — | -1.7% | |
| 15 Jun 2026 initial book | Buy | NVDA NVIDIA revenue 3y CAGR +103%/yr; growth accelerating (latest yr +65% vs prior +64%); value-creation/FVC +26%. | 212.45 | 6.7% | — |
| Buy | AMGN Amgen revenue 3y CAGR +32%/yr; growth accelerating (latest yr +124% vs prior +0%); value-creation/FVC +10%. | 350.53 | 6.7% | — | |
| Buy | PWR Quanta Services revenue 3y CAGR +29%/yr; growth accelerating (latest yr +77% vs prior +0%); value-creation/FVC +24%. | 732.61 | 6.7% | — | |
| Buy | HOOD Robinhood Markets, Inc. revenue 3y CAGR +26%/yr; growth accelerating (latest yr +70% vs prior +0%); value-creation/FVC +12%. | 98.12 | 6.7% | — | |
| Buy | MU Micron Technology revenue 3y CAGR +9%/yr; growth accelerating (latest yr +62% vs prior +0%); value-creation/FVC +12%. | 1 088 | 6.7% | — | |
| Buy | PLTR Palantir Technologies Inc. revenue 3y CAGR +31%/yr; growth accelerating (latest yr +44% vs prior +34%); value-creation/FVC +12%. | 134.19 | 6.7% | — | |
| Buy | APH Amphenol revenue 3y CAGR +22%/yr; growth accelerating (latest yr +38% vs prior +31%); value-creation/FVC +33%. | 158.38 | 6.7% | — | |
| Buy | VRT Vertiv Holdings Co revenue 3y CAGR +19%/yr; growth accelerating (latest yr +27% vs prior +16%); value-creation/FVC +9%. | 311.93 | 6.7% | — | |
| Buy | ANET Arista Networks, Inc. revenue 3y CAGR +23%/yr; growth slowing (latest yr +21% vs prior +22%); value-creation/FVC +11%. | 167.12 | 6.7% | — | |
| Buy | META Meta Platforms, Inc. revenue 3y CAGR +20%/yr; growth slowing (latest yr +18% vs prior +19%); value-creation/FVC +7%. | 593.48 | 6.7% | — | |
| Buy | MA Mastercard Inc revenue 3y CAGR +13%/yr; growth accelerating (latest yr +16% vs prior +10%); value-creation/FVC +12%. | 490.64 | 6.7% | — | |
| Buy | AMD Advanced Micro Devices revenue 3y CAGR +15%/yr; growth accelerating (latest yr +25% vs prior +22%); value-creation/FVC +7%. | 547.26 | 6.7% | — | |
| Buy | MNST Monster Beverage Corp revenue 3y CAGR +9%/yr; growth accelerating (latest yr +11% vs prior +1%); value-creation/FVC +17%. | 92.95 | 6.7% | — | |
| Buy | ISRG Intuitive Surgical revenue 3y CAGR +16%/yr; growth slowing (latest yr +15% vs prior +19%); value-creation/FVC +6%. | 415.25 | 6.7% | — | |
| Buy | UBER Uber Technologies, Inc revenue 3y CAGR +15%/yr; growth slowing (latest yr +15% vs prior +18%); value-creation/FVC +45%. | 72.85 | 6.7% | — |
Prices are the frozen close on the signal date — the price at which the live paper-book starts (buy) or stops (sell) holding the position. Sell result is the price change from the position's own buy signal, dividends not included.