SystemTrader's Orion is a residual momentum strategy. It ranks stocks on the momentum that is genuinely their own — the return left after their sector's move is removed — and holds a diversified equal-weight book, capped per sector, with exposure scaled back when market volatility spikes.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | YTD |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022 | +0.0% | -0.9% | +4.4% | -7.2% | -0.1% | -3.4% | +10.6% | -2.7% | -8.2% | +6.4% | +3.5% | -7.6% | -6.7% |
| 2023 | +1.0% | -1.4% | +3.1% | -1.6% | +2.2% | +7.8% | +4.1% | -1.6% | -6.5% | -3.4% | +7.6% | +2.0% | +12.8% |
| 2024 | +4.4% | +11.2% | +5.5% | -1.7% | +9.1% | -0.1% | -1.0% | -0.5% | +5.5% | -5.4% | +10.6% | -10.8% | +27.1% |
| 2025 | +6.2% | +1.1% | -5.8% | -4.7% | +8.5% | +7.2% | -0.3% | -0.1% | +13.6% | +12.1% | -4.8% | -3.0% | +31.3% |
| 2026 | +9.7% | +13.3% | -10.0% | +8.9% | +5.5% | +2.8% | -5.2% | +7.7% | — | — | — | — | +34.9% |
| Avg | +4.3% | +4.6% | -0.6% | -1.3% | +5.0% | +2.8% | +1.7% | +0.5% | +1.1% | +2.4% | +4.2% | -4.8% | +19.9% |
| Year | Q1 | Q2 | Q3 | Q4 | YTD |
|---|---|---|---|---|---|
| 2022 | +3.5% | -10.5% | -1.1% | +1.8% | -6.7% |
| 2023 | +2.6% | +8.3% | -4.3% | +6.0% | +12.8% |
| 2024 | +22.5% | +7.1% | +3.9% | -6.7% | +27.1% |
| 2025 | +1.2% | +10.8% | +13.1% | +3.6% | +31.3% |
| 2026 | +11.8% | +18.2% | +2.1% | — | +34.9% |
| Avg | +8.3% | +6.8% | +2.8% | +1.2% | +19.9% |