12-Month Investment Research Track Record
Fintech Wave model portfolios evaluated within their original 12-month forecast horizon, using equal initial dollar allocations and total returns that include reinvested dividends.
Reporting cutoff: October 16, 2026 market close
Fintech Wave Results
Each completed Wave ends at its first-anniversary market close. Waves still within their forecast period are measured through October 16, 2026. Every portfolio and its benchmarks share the same measurement dates and total-return basis.
Fintech Wave Alpha
Selection baseline: 4/17/2025 · 20 original selections
+61.30%
Completed 12-month total return
Measurement period: 2025-04-17 through 2026-04-17. This completed result is fixed at the 12-month endpoint.
S&P 500 Equal Weight · RSP ETF proxy
+27.00%
ComparisonPrimary benchmarkReturn basisTotal returnThrough2026-04-17Wave minus benchmark+34.31 percentage points
Dow 30 Equal Weight · EDOW ETF proxy
+27.75%
ComparisonMarket contextReturn basisTotal returnThrough2026-04-17Wave minus benchmark+33.56 percentage points
Nasdaq-100 Equal Weight · QQQE ETF proxy
+30.18%
ComparisonMarket contextReturn basisTotal returnThrough2026-04-17Wave minus benchmark+31.13 percentage points
Fintech Wave Bravo
Selection baseline: 9/19/2025 · 9 original selections
+21.90%
Completed 12-month total return
Measurement period: 2025-09-19 through 2026-09-18. This completed result is fixed at the 12-month endpoint.
S&P 500 Equal Weight · RSP ETF proxy
+14.06%
ComparisonPrimary benchmarkReturn basisTotal returnThrough2026-09-18Wave minus benchmark+7.84 percentage points
Dow 30 Equal Weight · EDOW ETF proxy
+14.65%
ComparisonMarket contextReturn basisTotal returnThrough2026-09-18Wave minus benchmark+7.25 percentage points
Nasdaq-100 Equal Weight · QQQE ETF proxy
+17.59%
ComparisonMarket contextReturn basisTotal returnThrough2026-09-18Wave minus benchmark+4.31 percentage points
Fintech Wave Charlie
Selection baseline: 11/28/2025 · 10 original selections
+27.70%
Total return · evaluation in progress
Measurement period: 2025-11-28 through 2026-10-16. The 12-month endpoint is 2026-11-27; the result shown is interim.
S&P 500 Equal Weight · RSP ETF proxy
+13.57%
ComparisonPrimary benchmarkReturn basisTotal returnThrough2026-10-16Wave minus benchmark+14.13 percentage points
Dow 30 Equal Weight · EDOW ETF proxy
+12.70%
ComparisonMarket contextReturn basisTotal returnThrough2026-10-16Wave minus benchmark+14.99 percentage points
Nasdaq-100 Equal Weight · QQQE ETF proxy
+15.37%
ComparisonMarket contextReturn basisTotal returnThrough2026-10-16Wave minus benchmark+12.33 percentage points
How to Read These Results
One forecast period. Results end at the last exchange trading close on or before the first calendar anniversary, or October 16, 2026 for a Wave that has not reached that anniversary. Performance beyond 12 months is excluded.
Equal initial allocations. Each original selection receives the same initial dollar allocation. Positions are held without periodic rebalancing; weights change as holding values change. All original selections, including losses and acquired or delisted companies, remain accounted for.
Total return. Portfolio and benchmark results include dividends reinvested under their documented methodology and corporate actions effective by the valuation date. Acquisition cash is held without interest. Price-only returns are excluded from these comparisons.
Matched benchmarks. The S&P 500 Equal Weight ETF (RSP) is the primary comparison proxy. Dow 30 Equal Weight ETF (EDOW) and Nasdaq-100 Equal Weight ETF (QQQE) provide additional comparisons using the same dates and total-return basis. These are fund returns, not official index returns; fund expenses and tracking differences are reflected in performance. The equal-weight ETFs reset weights quarterly; the Waves do not. Differences in company size, sector exposure and risk remain. Nasdaq-100 and Nasdaq Composite are distinct universes and must be identified accurately.
These are cumulative model portfolio returns, not annualized figures. The difference from a benchmark is expressed in percentage points and is not risk-adjusted alpha. Selection performance does not by itself establish the accuracy of individual price forecasts.
Research & Performance Disclosure
AMAAS provides research and decision-support information. Fintech Wave results are hypothetical model portfolio results, not actual client account returns or personalized investment advice. Results exclude transaction costs, advisory fees and taxes. Benchmarks have different composition and maintenance rules. Historical performance does not guarantee future results.
