Surmount · investment strategy
by Quantbase · via Surmount
Tracks daily price divergence between Coca-Cola and Pepsi. Buys the underperformer to capture mean reversion — a long-biased strategy on two consumer staples giants.
Description from Surmount
of the return and risk figures:as the source publishes them
What $10,000 would have become, from the strategy's own published history, against the S&P 500 over the same dates. The basis is labelled.
Each rule is quoted word for word from the strategy's own documents.
“Buys the underperformer to capture mean reversion”
4 positions as of 2026-10-20
by the source.
Fitted to 120 returns (model) from 2025-11-05 to 2026-10-19. An estimate, not holdings: it can't name stocks.
· : 0.47 · Too loose a fit for a verdict; shown as a guide.
Beta to the S&P 500: 0.78 (90%: 0.52 to 1.05)
Compares the stated rules with the holdings (or, where none are published, a mix estimated from returns), using tests fixed before any results were seen.
0.3% of weight in (IVV: 3.0%)
2 funds (SEC N-PORT, as of 2026-05-31) · : SPY via IVV
No stated fossil-fuel rule; the exposure is shown for reference. : 100% · 2026-10-20
5.0% of weight in (SPY: 0%)
It holds (or may hold) these, but none of its stated rules mention it. Worth checking the source text. : 100% · 2026-10-20
How much of what we look for this strategy has, and why anything is missing. Fields that don't apply to it aren't counted.
2 missing
The text the rules are quoted from, with where it came from.
Tracks daily price divergence between Coca-Cola and Pepsi. Buys the underperformer to capture mean reversion — a long-biased strategy on two consumer staples giants.
Exploits price discrepancies between Coca-Cola and Pepsi
Tracks daily price divergence between Coca-Cola and Pepsi. Buys the underperformer to capture mean reversion — a long-biased strategy on two consumer staples giants.
Every value on file, each labelled with its calculation basis and as-of date.
| Asset classes / instruments | equity | 2026-10-20 |
| Minimum investment | $100 | 2026-10-20 |
| Industry weights (Surmount) | Consumer Defensive: 50.8% · Financial Services: 49.2% | 2026-10-20 |
| Investors following (Surmount) | 4 | 2026-10-20 |
| Annual return (Surmount tracking) (model tracking) | 4.82% | ||
| Return, 1 year (Surmount tracking) (model tracking) | 1.43% | 2026-10-20 | |
| Return, 3 months (Surmount tracking) (model tracking) | -4.25% | 2026-10-20 | |
| Return, year to date (Surmount tracking) (model tracking) | -0.74% | 2026-10-20 | |
| Total return (Surmount tracking) (model tracking) | 26.40% |
| Maximum drawdown (Surmount tracking) (model tracking) | -33.59% |
| Risk score (Surmount) | 3.03 | 2026-10-20 |
