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 | — | -0.6% | +5.4% | -6.8% | -0.6% | -6.4% | +11.5% | -2.5% | -8.6% | +6.2% | +2.8% | -7.2% | -8.6% |
| 2023 | +0.8% | -1.8% | +2.8% | -1.4% | +2.5% | +8.3% | +4.0% | -0.5% | -7.9% | -3.7% | +8.5% | +3.9% | +15.2% |
| 2024 | +4.2% | +10.8% | +4.3% | -0.4% | +8.0% | -0.2% | -1.3% | +0.3% | +5.7% | -4.4% | +9.9% | -10.7% | +26.9% |
| 2025 | +6.6% | +0.3% | -6.0% | -4.6% | +6.0% | +6.7% | +0.2% | -0.2% | +12.6% | +11.7% | -5.3% | -1.7% | +27.0% |
| 2026 | +8.2% | +13.4% | -9.9% | +9.7% | +3.5% | +1.0% | -3.0% | +6.0% | +4.2% | -5.8% | — | — | +27.9% |
| Avg | +4.9% | +4.4% | -0.7% | -0.7% | +3.9% | +1.9% | +2.3% | +0.6% | +1.2% | +0.8% | +4.0% | -3.9% | +17.7% |
| Year | Q1 | Q2 | Q3 | Q4 | YTD |
|---|---|---|---|---|---|
| 2022 | +4.7% | -13.3% | -0.7% | +1.3% | -8.6% |
| 2023 | +1.8% | +9.4% | -4.7% | +8.6% | +15.2% |
| 2024 | +20.4% | +7.3% | +4.6% | -6.1% | +26.9% |
| 2025 | +0.6% | +7.9% | +12.6% | +3.9% | +27.0% |
| 2026 | +10.6% | +14.6% | +7.2% | -5.8% | +27.9% |
| Avg | +7.6% | +5.2% | +3.8% | +0.4% | +17.7% |