Academic research project. Hypothetical walk-forward performance — no foreknowledge, not a live track record. Not investment advice, not FCA-authorised, capital at risk.
Portfolio Lab · Research Lab
Research Lab — an experiment in what an agentic-AI research framework can do, published in full. Research, not advice — not a tip service. Explore →

Portfolio Factsheet

Global Momentum

Ride the winners: each month, hold the 10 best-performing global equity names by trailing 12-month return, inverse-vol weighted. A diversified momentum basket — the 'what if you'd held the top performers' showcase, spread across ten names so the drawdown is far below a single-name bet. Long-only, walk-forward out-of-sample, currently-tradeable names only. High return with a strong Sharpe; expect a larger drawdown than the all-weather products. Built nightly (cached).

Inception: January 2019

Benchmark:

Last updated: June 2026

Final Value

£189,694

vs benchmark: £62,186

Annual Return

34.17%

vs benchmark: 15.97%

Volatility

30.3%

vs benchmark: 15.9%

Max Drawdown

-35.9%

vs benchmark: -25.5%

Equity Curve

HL Retail ISA is shown net of all costs and is genuinely tax-free. IB Pro is shown net of dealing/spread/FX costs but gross of UK tax — a higher-rate taxpayer would face dividend tax, CGT and interest tax that add ~80-150 bps/yr of further drag. See Methodology for full details.

Global Momentum — portfolio versus benchmark equity curve

Monthly Returns

Year JanFebMarAprMayJun JulAugSepOctNovDec Total

Performance Metrics

Metric HL ISA IB Pro Benchmark

Drawdown

Allocation over time

HL ISA (UCITS only)