GRW014Factor HubGrowth FactorsHigh
Inorganic Growth Factor
Growth bought rather than built — watch deal frequency and integration track records.
Formula
ExtGrow = ΔAssets_MA / Assets - IntGrowPerformance (Top-30 equal-weight long, monthly rebalance)
Annualized return
6.78%
Sharpe ratio
0.45
Max drawdown
-25.99%
Total return
92.78%
Cumulative performance（2016-09 … 2026-08）
2016 -5.4%2017 -3.5%2018 -4.5%2019 +1.4%2020 +32.3%2021 +7.1%2022 +25.7%2023 +0.8%2024 +0.3%2025 +4.6%2026 +15.8%
Current top-30 holdings
| # | Ticker | Company | Score |
|---|---|---|---|
| 1 | DELL | Dell Technologies | 41805.094 |
| 2 | FCX | Freeport-McMoRan | 22578.556 |
| 3 | CVX | Chevron | 14828.422 |
| 4 | SYK | Stryker | 8720.924 |
| 5 | CARR | Carrier Global | 7237.206 |
| 6 | AEP | American Electric Power | 6891.326 |
| 7 | TSLA | Tesla | 6061.482 |
| 8 | KLAC | KLA | 4097.343 |
| 9 | PANW | Palo Alto Networks | 4013.153 |
| 10 | MPC | Marathon Petroleum | 3942.063 |
| 11 | TDG | TransDigm | 3755.746 |
| 12 | PFE | Pfizer | 3722.789 |
| 13 | LLY | Eli Lilly | 3317.620 |
| 14 | JPM | JPMorgan Chase | 2489.574 |
| 15 | NVDA | NVIDIA | 2403.423 |
| 16 | AXP | American Express | 2320.106 |
| 17 | DIS | Walt Disney | 2250.339 |
| 18 | LMT | Lockheed Martin | 1974.519 |
| 19 | LOW | Lowe's | 1958.248 |
| 20 | OXY | Occidental Petroleum | 1900.736 |
| 21 | USB | U.S. Bancorp | 1826.562 |
| 22 | HSY | Hershey | 1793.513 |
| 23 | STT | State Street | 1772.368 |
| 24 | PEG | Public Service Enterprise | 1740.539 |
| 25 | ZS | Zscaler | 1739.296 |
| 26 | MA | Mastercard | 1697.814 |
| 27 | ADBE | Adobe | 1649.225 |
| 28 | VRTX | Vertex Pharmaceuticals | 1621.252 |
| 29 | PLTR | Palantir | 1570.060 |
| 30 | ABT | Abbott Laboratories | 1532.194 |
Holdings computed by the exact formula above at the latest month-end observation on the deterministic research panel (2026-08).
Data export
Exports include formulas, performance statistics, the 120-month series and current holdings — everything needed to replicate results locally.