Backtested disclosure-based strategies

Each strategy here is built from one of the public disclosure feeds and measured against a named benchmark. Entries are priced from the disclosed transaction, so the figures describe the filers' results rather than a follower's — the reporting lag means those differ, and our methodology page says by how much and why.

We publish the methodology alongside the numbers, including the periods where an approach underperformed its benchmark. A performance figure without a stated benchmark, entry-date convention and sample size is marketing, not a measurement — including when it is ours.