Highest Scoring Multi-Factor Stocks

Our combined factor score ranks all stocks using a combination of value, momentum, quality, and low volatility. The stocks with the highest scores and the greatest consistency across the factors will receive the best rankings.

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Stocks With Highest Combined Scores Using Value, Momentum, Quality, and Low Volatility

Ticker Price Market Cap
($mil)
AAWW $67.36 $1,954
AN $97.57 $8,042
ARCB $73.19 $1,859
ARW $117.86 $8,731
ATHM $94.29 $12,008
CASH $45.53 $1,468
CSV $35.84 $646
DECK $337.26 $9,501
EVR $139.27 $6,734
GRBK $26.60 $1,348
HOLX $76.68 $19,758
HPQ $33.70 $42,010
HVT $39.98 $729
HZO $48.77 $1,080
JOUT $151.14 $1,528
LOGI $114.06 $19,672
MYRG $70.21 $1,179
PWR $95.83 $13,364
RCKY $57.98 $420
RIO $86.30 $139,759
SF $68.62 $7,219
SPWH $17.56 $768
TKC $4.69 $4,091
TX $39.36 $7,891
UMC $9.47 $23,942
VALE $19.43 $102,648
VOD $19.04 $52,657
WIT $6.96 $34,627
WLKP $26.70 $940
WSM $168.94 $12,718
TSM $115.40 $551,924
ZUMZ $44.32 $1,135
SPSC $103.05 $3,696
SSTK $98.48 $3,570
STC $56.60 $1,525
RS $155.30 $9,894
PRIM $34.35 $1,845
MVBF $39.53 $457
MTH $97.93 $3,706
MSGN $15.65 $893
NSIT $101.96 $3,601
OMI $37.56 $2,761
PHM $53.71 $14,205
LEN $104.00 $31,817
LH $260.51 $25,426
INFY $18.26 $77,609
HMST $43.27 $931
HELE $226.14 $5,517
HIBB $71.45 $1,158
HIG $66.73 $23,842
HLF $46.54 $5,500
GOLF $43.52 $3,223
DHI $95.72 $34,814
EBSB $18.27 $958
CRMT $149.73 $990
CBZ $33.59 $1,800
BBY $118.84 $29,715
AGCO $151.72 $11,423
CRAI $76.41 $584
CENT $57.28 $2,919
CM $99.39 $44,257
FIX $81.24 $2,946
GPI $165.69 $3,008
GIB $86.16 $19,374
GNRC $318.68 $20,033
JD $76.95 $121,387
KFRC $55.59 $1,228
MATX $70.61 $3,067
MCB $54.00 $451
RF $20.90 $20,078
RBC $143.97 $5,849
TD $65.68 $119,437
TCS $15.04 $759
TOL $60.65 $7,467
TGNA $20.88 $4,607
SIGA $7.18 $551
SIGI $77.00 $4,622
REGI $61.81 $2,799
PSEC $8.00 $3,096
SFM $26.86 $3,168
SID $8.51 $11,866
SBSW $20.00 $14,555
TROW $177.04 $40,268
UEIC $56.20 $776
LPX $67.49 $7,191
MDC $61.17 $4,284
MSBI $28.65 $639
NCBS $77.27 $772
PIPR $117.14 $2,141
PKI $134.59 $15,082
LFC $10.12 $114,138
LPG $13.24 $660
LKQ $44.81 $13,551
IRBT $110.53 $3,138
IX $82.60 $21,313
IESC $49.75 $1,033
HONE $15.00 $843
HTH $33.73 $2,772
FFWM $23.43 $1,047
FLWS $25.18 $1,633
ECHO $32.71 $870
EME $119.70 $6,559
ENSG $88.25 $4,850
DIOD $79.47 $3,544
DOX $76.87 $10,078
CLGX $79.83 $5,873
CRH $48.45 $37,756
CTRN $100.20 $944
DELL $103.42 $78,875
DAR $72.10 $11,763
AB $39.80 $3,913
ABG $205.64 $3,975
ABCB $50.73 $3,532
AT $3.00 $269
BBL $62.27 $173,116
AZO $1,504.30 $33,150
AX $46.57 $2,751
BG $83.18 $11,724
BGFV $16.85 $370
BHP $74.12 $173,116
CCS $65.81 $2,218
BPOP $71.46 $6,030
BSBR $6.95 $25,841
BZH $20.65 $645
BABA $234.78 $635,229
AIZ $153.24 $9,274
CTS $30.85 $998
CSWI $138.82 $2,173
CPSI $29.71 $435
CHKP $119.18 $16,124
CMC $29.17 $3,515
DKS $84.29 $7,526
ENVA $32.90 $1,204
ERIC $13.74 $46,207
ECOM $24.47 $727
ISBC $15.03 $3,722
NHC $73.34 $1,128
MTZ $100.39 $7,446
MED $234.97 $2,763
MET $63.10 $55,806
MGRC $81.38 $1,964
USNA $100.67 $2,169
TTGT $73.73 $2,075
WOR $66.31 $3,514
SEM $36.24 $4,887
RY $94.04 $134,360
SAIA $240.07 $6,321
QCRH $48.52 $769
RJF $129.41 $17,821
SSD $107.27 $4,659
TPH $22.83 $2,725
QDEL $122.32 $5,204
PYPL $267.91 $314,596
QIWI $10.84 $680
QRVO $188.44 $21,343
ROCK $90.42 $2,950
SCHN $41.22 $1,132
WMK $53.68 $1,444
WERN $48.09 $3,266
WAL $102.14 $10,561
VCTR $28.54 $1,935
MBIN $40.04 $1,152
PJT $71.53 $2,616
PEBO $33.77 $663
NYT $49.18 $8,249
IPG $30.44 $11,971
LPLA $146.30 $11,689
KNOP $19.24 $641
KRNY $12.44 $1,047
IBCP $23.44 $510
HLI $68.27 $4,707
GNTX $35.85 $8,700
FTNT $206.14 $33,640
GFI $9.87 $8,663
FDX $283.25 $75,158
FELE $81.00 $3,745
ESI $19.76 $4,883
FBC $44.18 $2,328
AFL $53.56 $36,828
AFG $119.38 $10,172
ACGL $39.70 $16,010
ASGN $109.03 $5,779
AMRK $35.99 $347
BKU $43.97 $4,101
BLD $229.98 $7,605
CACI $262.46 $6,622
BIG $65.65 $2,304
AMP $246.71 $28,766
AMCX $52.29 $2,168
AMKR $23.40 $5,713
AOS $67.87 $10,966
AAP $192.54 $12,598
AEGN $30.50 $938
EXLS $95.95 $3,212
EBF $20.38 $531
EBS $67.87 $3,636
DLB $101.21 $10,284
DGX $131.09 $17,202
GGB $5.86 $9,524
HEAR $25.73 $398
HMY $4.69 $2,840
KFY $64.38 $3,477
LKFN $69.07 $1,779
J $133.72 $17,395
ICFI $91.43 $1,724
ORAN $12.64 $33,310
OSIS $99.22 $1,783
PERI $15.62 $510
PAG $86.47 $6,989
PHG $60.63 $55,142
PGR $99.29 $58,100
MFC $21.59 $41,948
MHO $61.26 $1,787
MLI $44.63 $2,549
UI $280.64 $17,627
VRTV $45.84 $732
VMI $236.31 $5,025
SCCO $74.51 $57,602
PSO $11.38 $8,483
PRI $160.80 $6,338
TITN $26.00 $586
TGT $208.65 $104,036
THC $52.55 $5,595
TCBK $45.87 $1,364
SNY $51.82 $130,058
SPB $88.86 $3,787
SMP $43.52 $973
SNA $236.01 $12,845
SXT $80.42 $3,406
SYBT $51.38 $1,170
TGP $14.93 $1,298
TMO $487.64 $191,651
TPB $47.01 $897
WASH $51.42 $889
WSO $283.11 $10,874
WTS $120.37 $4,054
LZB $43.12 $1,996
MTG $14.43 $4,889
NBHC $39.51 $1,213
PLXS $91.61 $2,640
PNR $64.00 $10,635
PRFT $63.83 $2,114
OPY $45.19 $573
ODFL $247.91 $28,990
NX $27.40 $922
IDT $23.27 $599
IP $57.18 $22,462
JBL $54.34 $8,086
HCSG $28.50 $2,129
GSK $37.98 $93,103
GABC $45.41 $1,203
DOOR $129.86 $3,187
DSGX $64.66 $5,462
EIG $40.19 $1,145
CYH $10.19 $1,347
ACBI $24.43 $497
AJG $136.26 $26,596
ALL $122.84 $36,894
ANTM $379.66 $92,983
ASB $21.88 $3,351
ATH $55.53 $10,640
ALXN $165.47 $36,556
ABM $52.58 $3,528
BERY $62.83 $8,413
BLK $811.09 $123,802
BMI $96.61 $2,817
BIO $629.59 $18,646
AVGO $462.00 $188,636
CATY $41.12 $3,273
DE $380.72 $119,332
CTB $57.12 $2,886
CNOB $25.96 $1,031
COWN $39.42 $1,051
CHE $481.81 $7,697
EPC $38.75 $2,103
DVA $110.78 $12,119
EWBC $74.65 $10,589
FBP $11.94 $2,610
ESGR $257.09 $5,680
FCN $145.38 $4,978
FFIC $21.94 $679
FNF $44.72 $13,021
GHL $19.20 $375
GL $104.27 $10,778
GRMN $140.55 $26,925
IBKR $77.36 $32,243
JCI $62.32 $44,887
KAI $179.29 $2,076
LII $335.80 $12,682
NICE $234.89 $14,868
LXFR $20.74 $573
MBT $8.35 $8,421
MCK $193.69 $30,829
WNS $73.55 $3,657
VIV $7.86 $13,315
UNF $229.35 $4,330
TTEC $108.05 $5,059
TTEK $131.85 $7,150
TSCO $183.08 $21,274
TPX $39.00 $7,869
TPC $16.97 $864
TNET $83.37 $5,493
TKR $83.42 $6,337
TIMB $10.76 $5,238
THFF $44.69 $604
SYKE $44.67 $1,776
SNPS $250.64 $38,191
SIVB $519.26 $28,138
SLF $52.41 $30,687
SLM $19.45 $7,073
STRL $20.51 $579
SBNY $227.84 $12,205
SAGE $75.05 $4,382
SB $2.50 $264
PRGS $45.10 $1,985
RFP $15.94 $1,268
RBBN $8.06 $1,188
RCII $56.16 $3,056
SSP $22.07 $1,816
SRCE $47.00 $1,228
SNBR $122.63 $3,043
SYF $40.73 $23,686
TRMB $80.97 $20,351
TTWO $177.91 $20,491
UNFI $34.64 $1,950
UMBF $94.21 $4,544
URI $324.59 $23,478
VEEV $270.38 $41,158
WRK $54.17 $14,275
WAFD $32.76 $2,394
WIRE $70.85 $1,462
WST $316.79 $23,395
ZION $56.00 $9,163
LRN $30.62 $1,274
MLM $350.62 $21,865
MMS $95.73 $5,883
MNST $97.86 $51,683
MDRX $15.64 $2,199
NBTB $39.03 $1,695
MRTN $17.60 $1,457
NVMI $93.19 $2,628
NVR $4,984.42 $18,323
NNI $74.50 $2,870
NOMD $29.38 $5,181
PFSI $59.12 $3,960
LGIH $170.20 $4,232
LBAI $17.35 $878
KE $22.50 $562
INTC $63.63 $259,123
HZNP $90.26 $20,225
HRC $113.48 $7,531
GS $343.09 $117,646
GEF $59.26 $2,863
FMBH $43.53 $785
FHB $27.61 $3,614
FB $302.24 $858,868
EXP $143.21 $6,015
EBAY $63.79 $43,406
DHR $241.99 $172,555
EPAM $446.94 $25,109
ELP $1.12 $3,197
CE $158.27 $18,070
CIEN $54.88 $8,507
CORE $42.71 $1,929
CORT $22.90 $2,686
CRTO $35.45 $2,154
BCC $67.91 $2,671
BDSI $3.34 $337
AGX $52.88 $831
AMAT $130.89 $120,113
AUDC $29.91 $988
ATUS $34.76 $16,449
ATKR $72.99 $3,403
BC $104.97 $8,185
BBVA $5.42 $36,063
BCPC $122.08 $3,955
BANF $69.16 $2,266
AVNW $29.26 $326
AY $36.37 $4,026
CDNS $141.94 $39,611
CAC $47.36 $706
CSCO $52.85 $223,318
CRVL $112.27 $2,007
DFS $100.61 $30,821
CVCO $221.30 $2,033
CNA $46.70 $12,674
CLAR $17.75 $556
CFG $44.61 $18,964
EGBN $54.25 $1,734
DHT $6.06 $1,039
DQ $66.94 $4,651
FAF $61.51 $6,750
ETH $28.85 $726
FISI $30.87 $488
FN $88.87 $3,277
HSII $37.03 $725
HAE $74.68 $3,795
IBOC $46.95 $2,974
IBP $132.07 $3,921
JBSS $92.19 $1,057
KEYS $143.63 $26,714
LHCG $204.75 $6,469
LOW $204.01 $146,312
NUE $79.44 $23,728
MCY $65.91 $3,649
ZBRA $509.63 $27,265
WPM $42.56 $19,161
WRB $80.76 $14,324
VGR $14.17 $2,185
UTHR $203.84 $9,080
UBS $15.94 $61,597
TRV $154.38 $38,821
THG $135.17 $4,918
TOT $45.92 $119,876
TMHC $32.04 $4,129
SJM $132.15 $14,482
STN $47.31 $5,313
RGLD $117.18 $7,688
PRK $128.13 $2,090
QNST $19.93 $1,062
REGN $499.69 $53,533
RDN $24.08 $4,606
SCI $51.36 $8,699
SEIC $62.51 $8,971
SFBS $61.01 $3,301
TMP $78.99 $1,177
TBK $92.68 $2,306
TRTN $56.95 $3,837
TRI $91.96 $45,717
TTI $2.44 $308
UHS $146.04 $12,431
VIAV $16.61 $3,799
WBS $54.11 $4,893
MANT $86.60 $3,516
LYG $2.41 $42,931
MEDP $180.50 $6,498
MS $80.03 $149,699
MPWR $369.60 $16,862
NVS $88.38 $217,048
NTCT $28.60 $2,100
ONB $19.12 $3,168
OMF $53.48 $7,192
LAKE $27.99 $225
INSW $18.73 $525
GTS $25.63 $607
FWRD $88.26 $2,411
GMS $45.20 $1,937
ESNT $49.99 $5,641
FBHS $102.51 $14,190
EXPD $110.22 $18,593
DLTH $15.85 $522
DLTR $116.95 $27,299
ENTG $113.15 $15,303
ENDP $5.89 $1,358
CF $46.91 $10,060
CIG $2.29 $3,767
CLW $35.46 $591
CMI $262.81 $38,513
DAC $53.05 $1,085
CDK $54.52 $6,638
BCEI $32.25 $672
BMO $90.97 $59,019
ATVI $96.00 $74,376
APEI $33.58 $627
A $133.50 $40,677
AEL $32.03 $3,057
ADM $59.29 $33,114
ANF $39.73 $2,468
ASML $630.11 $262,500
BGS $30.17 $1,953
AVT $43.89 $4,365
AVAV $105.68 $2,608
BRC $55.22 $2,873
CODI $24.28 $1,576
COKE $311.32 $2,918
ECPG $38.51 $1,207
FIZZ $53.13 $4,957
FL $58.05 $5,995
FLGT $85.62 $2,482
FRTA $23.35 $1,556
GGG $75.80 $12,803
HBNC $18.57 $816
LL $26.63 $772
LAD $387.32 $10,393
KR $37.43 $28,147
OMCL $137.87 $5,952
ORI $23.81 $7,250
OLLI $94.88 $6,215
NUS $53.57 $2,686
NTGR $38.44 $1,182
NTB $38.44 $1,922
PKX $78.56 $27,644
PRAH $161.33 $10,413
POOL $382.95 $15,378
PLUS $100.75 $1,360
MRK $77.66 $196,581
MSI $187.66 $31,781
NESR $12.27 $1,077
NLSN $25.31 $9,074
NFLX $554.44 $245,559
MDU $33.03 $6,645
MO $49.08 $90,906
LSTR $175.00 $6,722
MBUU $83.65 $1,737
WDFC $252.41 $3,460
WINA $199.50 $738
UNH $389.84 $368,523
UCBI $33.77 $2,930
TSN $78.55 $28,650
SYX $45.12 $1,699
SXC $6.52 $541
TPCO $17.42 $641
TGH $28.41 $1,423
TER $126.32 $21,040
SJR $27.78 $13,894
SITE $177.78 $7,892
SBSI $38.96 $1,279
SAH $50.06 $2,081
SAFT $84.96 $1,273
RILY $72.85 $1,981
QLYS $106.44 $4,173
PTC $139.80 $16,330
QADA $73.09 $1,443
RCI $49.20 $24,961
SEE $48.21 $7,387
SPTN $19.81 $719
TFSL $19.97 $5,603
TOWN $30.79 $2,237
TRNS $49.00 $365
TRMK $33.09 $2,102
TYL $445.96 $18,157
VIVO $22.86 $986
VIRT $31.86 $6,130
VSH $25.86 $3,745
VSTO $33.41 $1,949
Y $676.00 $9,445
WTFC $78.40 $4,471
WU $26.15 $10,729
LSCC $55.89 $7,621
NGD $1.75 $1,196
NLS $16.52 $501
MSM $88.56 $4,955
MSCI $468.27 $38,750
PRG $43.51 $2,947
PPG $168.78 $40,016
PH $317.52 $40,986
NWBI $14.33 $1,819
NSSC $32.63 $599
OC $97.27 $10,206
OCFC $23.27 $1,394
ORLY $533.77 $37,315
OSK $121.93 $8,338
ORCL $78.75 $227,078
KBAL $14.16 $522
KBH $49.14 $4,522
LAZY $20.70 $223
LE $23.90 $783
IBTX $74.54 $3,220
IDXX $528.58 $45,262
HCA $194.89 $65,666
HBAN $15.87 $16,225
HCI $74.92 $646
HMLP $16.03 $535
HMN $41.90 $1,737
HSBC $29.77 $120,921
HRI $96.68 $2,862
HTGC $17.07 $1,971
FRME $46.59 $2,532
FUL $67.73 $3,528
GLDD $15.21 $996
GRC $33.69 $880
FFIN $46.90 $6,671
ERII $18.62 $1,063
DOV $140.43 $20,202
CPF $27.22 $768
CHCO $79.58 $1,257
DG $216.73 $51,856
CURO $13.28 $552
CROX $77.88 $5,257
BRKL $15.60 $1,227
BXS $30.84 $3,223
BKE $42.69 $2,125
APAM $54.77 $4,336
AMGN $255.97 $147,388
AMSF $64.88 $1,254
ADBE $516.17 $246,729
ABT $124.53 $220,608
AKAM $105.74 $17,259
AIG $46.73 $40,297
ALSN $44.32 $4,925
ALRM $92.75 $4,599
ABTX $40.24 $812
AAPL $134.84 $2,263,707
ABMD $329.42 $14,900
ADP $192.75 $82,485
AON $235.83 $53,290
BIIB $269.05 $40,986
AXTA $31.69 $7,380
BANR $55.21 $1,921
BPMC $93.81 $5,437
BOMN $25.74 $752
CAG $37.85 $18,166
CAH $61.23 $17,981
CTBI $45.15 $805
DDS $94.55 $2,069
COLB $43.47 $3,118
COF $135.41 $62,125
DORM $107.63 $3,461
EPD $22.97 $50,111
EQC $28.59 $3,478
EQNR $19.85 $64,504
FLO $24.17 $5,117
FORM $47.87 $3,722
HOMB $27.11 $4,484
JAZZ $167.16 $9,415
JEF $32.71 $8,078
IRM $38.48 $11,110
ITT $92.45 $7,956
LNN $163.34 $1,781
KHC $40.95 $50,087
KIM $19.87 $8,612
KN $21.02 $1,948
KSU $256.40 $23,315
PG $136.61 $336,399
PDM $18.26 $2,265
MRO $10.63 $8,379
MUSA $141.89 $3,829
MXIM $93.89 $25,166
MAN $109.10 $5,995
MAT $20.84 $7,268
MGA $94.00 $28,143
WTRH $2.57 $287
VMC $176.74 $23,447
WD $110.03 $3,404
WBA $53.79 $46,496
UCTT $51.66 $2,262
SPH $14.79 $925
SCVL $61.10 $862
SC $31.24 $9,563
SBCF $36.06 $1,994
SAFM $161.34 $3,603
RSG $104.67 $33,390
RDWR $29.00 $1,339
PSB $160.75 $4,419
QCOM $135.25 $153,644
RELX $26.94 $51,452
RGA $131.47 $8,938
RGP $14.19 $466
RH $641.44 $13,468
RNR $171.09 $8,514
SFNC $29.18 $3,162
SMFG $7.14 $48,964
STE $208.63 $17,807
STAY $19.68 $3,494
TBBK $22.17 $1,285
UVSP $27.75 $814
TSC $23.95 $794
WAT $298.81 $18,544
WMS $113.98 $8,079
WLTW $238.01 $30,697
VIPS $28.94 $19,900
VEON $1.79 $2,993
WTM $1,175.89 $3,654
YETI $85.15 $7,423
MAS $64.55 $16,390
LRCX $621.73 $88,850
MWA $14.09 $2,232
MU $88.41 $99,144
MOMO $14.64 $3,016
MSA $154.70 $6,048
PBH $45.18 $2,253
PFBC $68.10 $1,017
PB $76.16 $7,077
POST $111.20 $7,158
PNFP $91.74 $6,971
NWSA $26.74 $15,425
NXST $153.28 $6,650
OGS $80.55 $4,289
NSC $270.46 $73,401
NUAN $53.20 $15,189
K $63.70 $21,681
LLY $189.64 $181,863
LMT $391.73 $109,725
LECO $125.29 $7,475
IVZ $26.48 $12,154
INOV $29.51 $4,584
INFO $103.50 $43,858
HOG $44.29 $6,787
HTLF $50.01 $2,109
HUM $439.92 $56,754
HWKN $33.53 $712
HIMX $12.41 $2,156
HIW $43.50 $4,526
HFWA $28.10 $1,009
GTN $20.00 $1,898
FSS $39.46 $2,389
EXPO $98.96 $5,127
CMA $69.39 $9,679
CMG $1,550.01 $43,683
CLFD $29.72 $408
CINF $107.22 $17,267
CSL $177.00 $9,324
CSX $98.71 $74,970
CPRT $121.76 $28,774
CAI $44.30 $766
CAMT $30.41 $1,316
CBRE $82.34 $27,691
CDW $182.20 $25,603
BNS $61.61 $74,601
BUSE $25.44 $1,384
AVD $20.37 $629
ANAT $113.00 $3,038
AMZN $3,372.01 $1,699,886
AME $132.12 $30,493
AMED $281.03 $9,231
AA $36.03 $6,713
ALG $157.97 $1,880
AGM $100.75 $1,056
AIN $87.73 $2,840
ABBV $108.61 $191,678
AVNS $44.63 $2,145
AVY $198.60 $16,488
BAC $39.17 $337,930
BAH $84.83 $11,682
BKI $73.11 $11,464
BHC $29.12 $10,367
BMTC $45.70 $911
BRO $49.48 $14,027
CBTX $32.61 $802
CALX $41.94 $2,636
CTAS $343.74 $36,111
CUBI $32.15 $1,036
CI $252.49 $87,710
CHD $87.34 $21,406
CHTR $644.42 $138,726
ETN $140.78 $56,082
ETSY $213.19 $26,872
FF $13.00 $569
EGRX $42.62 $563
DPZ $397.96 $15,441
GLP $21.89 $744
GWW $408.98 $21,406
HII $210.00 $8,463
HUBB $189.05 $10,269
HUBG $68.17 $2,347
HSTM $22.54 $711
HPE $15.96 $20,766
INTU $402.29 $110,163
INVA $11.89 $1,206
JCOM $128.03 $5,780

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Performance Disclaimer: Returns presented on Validea.com are model returns and do not represent actual trading. As a result, they do not incorporate any commissions or other trading costs or fees. Model portfolios with inception dates on or after 12/30/2005 include a combination of back tested and live model returns. The back-tested performance results shown are hypothetical and are not the result of real-time management of actual accounts. The back-testing of performance differs from actual account performance because the investment strategy may be adjusted at any time, for any reason and can continue to be changed until desired or better performance results are achieved. Back-tested returns are presented to provide general information regarding how the underlying strategy behind the portfolio performed in our historical testing. A back-tested strategy has the benefit of hindsight and the results do not reflect the impact that material economic or market factors may have had on advisor's decision-making if actual client assets were being managed using this approach. The model portfolios offered on Validea are concentrated and as a result they will exhibit high levels of volatility and their performance can be substantially impacted by the performance of individual positions.

Optimal portfolios presented on Validea.com represent the rebalancing period that has led to the best historical performance for each of our equity models. Each optimal portfolio was determined after the fact with performance information that was not available at portfolio inception. As a result, an investor could not have invested in the optimal portfolio since its inception. Optimal portfolios are presented to allow investors to quickly determine the portfolio size and rebalancing period that has performed best for each of our models in our historical testing.

Both the model portfolio and benchmark returns presented for all equity portfolios on Validea.com are not inclusive of dividends. Returns for our ETF portfolios and trend following system, and the benchmarks they are compared to, are inclusive of dividends. The S&P 500 is presented as a benchmark because it is the most widely followed benchmark of the overall US market and is most often used by investors for return comparison purposes. As with any investment strategy, there is potential for profit as well as the possibility of loss and investors may incur a loss despite a past history of gains. Past performance does not guarantee future results. Results will vary with economic and market conditions.