IND006Factor HubIndustry FactorsMedium
Industry Relative Strength Factor
Stock return minus sector average — alpha within one's own backyard.
Formula
相对强弱 = 个股收益率 - 行业平均收益率(20日)Performance (Top-30 equal-weight long, monthly rebalance)
Annualized return
3.50%
Sharpe ratio
0.29
Max drawdown
-28.82%
Total return
41.09%
Cumulative performance（2016-09 … 2026-08）
2016 -10.9%2017 +2.1%2018 -6.3%2019 +13.1%2020 +29.2%2021 -0.4%2022 +26.1%2023 -8.1%2024 -4.3%2025 +7.0%2026 -4.1%
Current top-30 holdings
| # | Ticker | Company | Score |
|---|---|---|---|
| 1 | MAA | Mid-America Apartment | 0.426 |
| 2 | SMCI | Super Micro Computer | 0.396 |
| 3 | HON | Honeywell | 0.374 |
| 4 | SHW | Sherwin-Williams | 0.260 |
| 5 | SBUX | Starbucks | 0.239 |
| 6 | INTU | Intuit | 0.236 |
| 7 | FE | FirstEnergy | 0.227 |
| 8 | UDR | UDR | 0.227 |
| 9 | AIG | American Intl Group | 0.199 |
| 10 | CHTR | Charter Communications | 0.186 |
| 11 | MMM | 3M | 0.185 |
| 12 | VALE | Vale | 0.175 |
| 13 | RIO | Rio Tinto | 0.173 |
| 14 | HAL | Halliburton | 0.160 |
| 15 | CI | Cigna | 0.159 |
| 16 | PPG | PPG Industries | 0.157 |
| 17 | FDX | FedEx | 0.150 |
| 18 | CSX | CSX | 0.142 |
| 19 | AZO | AutoZone | 0.141 |
| 20 | LYB | LyondellBasell | 0.139 |
| 21 | DOW | Dow | 0.131 |
| 22 | SNOW | Snowflake | 0.129 |
| 23 | KLAC | KLA | 0.128 |
| 24 | ON | ON Semiconductor | 0.126 |
| 25 | TMO | Thermo Fisher | 0.119 |
| 26 | KHC | Kraft Heinz | 0.109 |
| 27 | AMC | AMC Entertainment | 0.107 |
| 28 | YUM | Yum Brands | 0.106 |
| 29 | PRU | Prudential Financial | 0.101 |
| 30 | KIM | Kimco Realty | 0.101 |
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.