Average portfolio return+1.1%
Average benchmark return-2.1%
Average difference+3.2 pt
Markets ahead of benchmark7 / 7
Monthly return: portfolio vs benchmark
| Market | Portfolio / Benchmark | Difference |
|---|
| NASDAQ100vs QQQ | +10.5% +4.0% | +6.5 pt |
| Australia50vs EWA | +0.1% -5.2% | +5.4 pt |
| Germany40vs EWG | -1.0% -5.2% | +4.2 pt |
| Europe50vs EZU | +1.2% -3.0% | +4.2 pt |
| USA100vs SPY | +1.5% +0.5% | +1.0 pt |
| UK100vs EWU | -1.7% -2.5% | +0.8 pt |
| Italy40vs EWI | -2.8% -2.9% | +0.1 pt |
PortfolioBenchmark (ETF)
Best stocks of the month
- MRVL NASDAQ100+20.9%
- MU USA100+16.0%
- TER NASDAQ100+12.3%
- ENI.MI Europe50+8.2%
Worst stocks of the month
- FDX USA100-13.3%
- GLEN.L UK100-7.8%
- BHP.AX Australia50-7.8%
- CCC.L UK100-7.6%
Portfolios from 25 September and monthly rebalance moves
| Market | Holdings | In | Out |
|---|
| USA100 | MU, GEV, CSCO, FDX, MRK | MRK | CAT |
| NASDAQ100 | MU, MRVL, TER, FTNT, CSCO | FTNT | ON |
| Europe50 | NOKIA.HE, ASML.AS, ENI.MI, BAYN.DE, ENGI.PA | — | — |
| Italy40 | STMMI.MI, SPM.MI, TEN.MI, BPE.MI, ENEL.MI | TEN.MI | PST.MI |
| UK100 | CCC.L, BGEO.L, GLEN.L, SDR.L, BEZ.L | — | — |
| Germany40 | IFX.DE, BAYN.DE, RWE.DE, DHL.DE, ENR.DE | — | — |
| Australia50 | BHP.AX, WOW.AX, WDS.AX, QBE.AX, SOL.AX | — | — |
Historical backtest statistics
| Market | CAGR | Bench. CAGR | Sharpe | Bench. Sharpe | Max DD | Bench. Max DD |
|---|
| USA100 | 64.4% | 21.2% | 1.82 | 1.41 | -23.4% | -16.9% |
| NASDAQ100 | 75.0% | 25.4% | 1.52 | 1.25 | -37.3% | -21.3% |
| Europe50 | 21.1% | 18.6% | 1.09 | 1.10 | -16.7% | -12.4% |
| Italy40 | 47.7% | 28.1% | 1.84 | 1.45 | -17.7% | -11.6% |
| UK100 | 36.8% | 18.5% | 1.46 | 1.36 | -20.5% | -9.9% |
| Germany40 | 40.3% | 17.4% | 1.66 | 0.99 | -12.5% | -14.1% |
| Australia50 | 36.4% | 10.5% | 1.56 | 0.68 | -16.3% | -20.5% |
Method and disclaimers. The monthly return is calculated on the portfolios held at 28 August 2026, equally weighted (20% per stock), using adjusted closing prices; actual weights may differ. Benchmarks are ETFs (SPY, QQQ, EZU, EWI, EWU, EWG, EWA), not the indices themselves. Historical statistics come from a backtest with a conservative haircut on positive returns. Past performance is not indicative of future results. Research material: it is not personalised financial advice or a solicitation to invest. From 25 September 2026 the portfolios are rebalanced monthly.