Ten‑A‑Day quant desk
MARKET CLOSED 06:27 ET
Dual-momentum signal · book as of 2026-06-12 · rebalances monthly · signals are research, you execute in Wealthsimple.
Backtest equity · 1999-12-31 → 2026-06-09 · log scale
Sharpe 1.00 backtest
+28.1%/yr backtest — but ~half is survivorship bias. Realistic live edge ≈ index + a little (~+0.2 Sharpe).
backtest only
not a forecast
Dual-momentum (backtest) Hold XIU maxDD -35% · vs XIU +8.1%/yr
RegimeRISK-ON
XIU.TO vs 200d51.75 / 46.92
Holdings5 / 5
Live vs XIU · since 2026-06-08 -0.8% / +1.1%

Paper Trade · Live

▼ behind XIU $19 since 2026-06-08 market closed
Net of ~0.25%/side assumed spread+slippage — the basis you'd actually net at this size, not an optimistic fill.
Strategy · paper, live-marked
$992.26 -0.77%
vs Hold-XIU
$1011.14 +1.11%
PositionQtyEntryLiveValueP&L
VNP.TO
5N PLUS INC.
 4.94138.97 39.26$193.96 $+1.41 (+0.7%)
EFX.TO
ENERFLEX LTD
 5.59134.44 33.96$189.87 $-2.68 (-1.4%)
SVM.TO
SILVERCORP METALS INC.
 13.76313.99 15.80$217.39 $+24.84 (+12.9%)
CLS.TO
CELESTICA INC
 0.377511.15 549.73$207.08 $+14.53 (+7.5%)
ARE.TO
AECON GROUP INC
 4.33942.40 42.40$183.96 $+0.00 (+0.0%)
$1,000 split equal-weight into the book at inception (2026-06-08), marked at the live 1-minute price. Updates resume at the next open. The honest forward scoreboard vs simply holding XIU — this is the number that ultimately counts.

Today’s Book

RISK-ON (index above 200d) equal-weight · monthly
Sold this rebalance: TVE.TO · TAMARACK VALLEY ENERGY LTD
VNP.TO 5N PLUS INC. Basic Materials HOLD ≈ 5.096 sh
12-1 Momentum
+333%
Quality
80/100
Price
39.25
Weight
$200
Disaster stop
31.40
Trend
above 200d
📊 ROE 32% · margin 14% · rev +33%
SVM.TO SILVERCORP METALS INC. Basic Materials HOLD ≈ 12.65 sh
12-1 Momentum
+272%
Quality
67/100
Price
15.81
Weight
$200
Disaster stop
12.65
Trend
above 200d
📊 ROE 3% · margin -2% · rev +96%
EFX.TO ENERFLEX LTD Energy HOLD ≈ 5.9 sh
12-1 Momentum
+254%
Quality
69/100
Price
33.90
Weight
$200
Disaster stop
27.12
Trend
above 200d
📊 ROE 7% · margin 3% · rev +6%
CLS.TO CELESTICA INC Technology HOLD ≈ 0.363 sh
12-1 Momentum
+192%
Quality
83/100
Price
550.22
Weight
$200
Disaster stop
440.18
Trend
above 200d
📊 ROE 52% · margin 7% · rev +53% · ⚠ 1 share = 55% of $1000 — go fractional or skip
ARE.TO AECON GROUP INC Industrials 🆕 NEW — BUY ≈ 4.717 sh
12-1 Momentum
+166%
Quality
50/100
Price
42.40
Weight
$200
Disaster stop
33.92
Trend
above 200d
📊 ROE 4% · margin 1% · rev +18%
Skipped by the 3 gates (tradeable · quality · sector):
CURA.TO CURALEAF HOLDINGS INCUS-cannabis — restricted on Wealthsimple +373%
ABRA.TO ABRASILVER RESOURCE CORPweak fundamentals (quality 11/100 — ROE -86% · margin 0%) +323%
MAU.TO MONTAGE GOLD CORPsector cap (Basic Materials: already 2) +268%
DSV.TO DISCOVERY SILVER CORPsector cap (Basic Materials: already 2) +222%
LUN.TO LUNDIN MINING CORP.sector cap (Basic Materials: already 2) +204%
ARIS.TO ARIS MINING CORPORATIONsector cap (Basic Materials: already 2) +201%
HBM.TO HUDBAY MINERALS INC.sector cap (Basic Materials: already 2) +196%
SSRM.TO SSR MINING INCsector cap (Basic Materials: already 2) +182%
CG.TO CENTERRA GOLD INC.sector cap (Basic Materials: already 2) +172%
TKO.TO TASEKO MINES LTD.sector cap (Basic Materials: already 2) +170%
Strongest by momentum, but each failed a gate — the next name that clears all three took its slot above.
⊘ Fractional shares: each slot is ≈ $200. Where one share costs more than that (e.g. CLS.TO ~$550) you’ll buy a fractional share. Wealthsimple supports fractional shares for most large TSX/US names, but a few aren’t eligible — if so you’ll see a whole-share minimum at order time (round to the nearest whole share and keep the rest in cash).

Market Watchlist

48 TSX names context only — not buy signals
InstrumentLast1MRSITrend30D
FNV.TO
FRANCO-NEVADA CORPORATION
 293.33 -10.9% 38.8
AEM.TO
AGNICO EAGLE MINES LIMITED
 227.41 -15.3% 41.3
WPM.TO
WHEATON PRECIOUS METALS CORP
 162.32 -16.6% 42.6
SU.TO
SUNCOR ENERGY INC.
 86.01 -4.4% 43.8
TOU.TO
TOURMALINE OIL CORP
 63.20 -3.3% 44.0
IMO.TO
IMPERIAL OIL
 169.77 -5.4% 46.3
OTEX.TO
OPEN TEXT CORPORATION
 31.06 +0.6% 46.3
T.TO
TELUS CORPORATION
 16.64 +0.6% 46.8
NTR.TO
NUTRIEN LTD
 94.61 -3.2% 46.9
CNQ.TO
CDN NATURAL RES
 63.40 -2.0% 47.0
SHOP.TO
SHOPIFY INC
 151.47 +15.9% 47.5
GIB-A.TO
CGI INC
 93.20 +9.8% 49.0
ABX.TO
BARRICK MINING CORPORATION
 56.25 -8.2% 49.3
CVE.TO
CENOVUS ENERGY INC.
 39.47 -3.1% 49.6
DSG.TO
DESCARTES SYS
 102.02 +12.2% 51.1
BAM.TO
BROOKFIELD ASSET MANAGEMENT LTD
 65.94 +1.6% 52.8
QSR.TO
RESTAURANT BRANDS INTERNATIONAL
 104.84 +0.1% 54.3
TECK-B.TO
TECK RESOURCES LIMITED CL B
 90.61 -1.1% 55.0
WCN.TO
WASTE CONNECTIONS INC
 218.34 +4.8% 55.4
BCE.TO
BCE INC.
 34.37 +2.8% 56.0
CSU.TO
CONSTELLATION SOFTWARE INC.
 2924.00 +18.5% 56.5
LSPD.TO
LIGHTSPEED COMMERCE INC
 13.44 +10.3% 57.6
XIC.TO
XIC.TO
 55.95 +2.9% 57.9
XEQT.TO
XEQT.TO
 44.68 +2.7% 58.7
L.TO
LOBLAW CO
 65.00 +7.9% 58.9
EMA.TO
EMERA INCORPORATED
 73.50 +2.1% 59.0
MG.TO
MAGNA INTERNATIONAL INC
 93.21 +9.8% 59.7
NA.TO
NATIONAL BANK OF CANADA
 209.80 +2.5% 59.9
FM.TO
FIRST QUANTUM MINERALS LTD
 43.39 +16.6% 60.2
ENB.TO
ENBRIDGE INC
 78.98 +5.6% 60.5
XIU.TO
XIU.TO
 51.75 +4.4% 61.5
CTC-A.TO
CANADIAN TIRE CORPORATION, CL.
186.77 +2.4% 62.0
CM.TO
CANADIAN IMPERIAL BANK OF COMME
 158.71 +5.2% 62.5
CP.TO
CANADIAN PACIFIC KANSAS CITY LI
 125.88 +7.2% 63.2
FTS.TO
FORTIS INC
 79.61 +4.2% 63.3
WN.TO
WESTON GEORGE
 104.01 +10.9% 64.9
TRP.TO
TC ENERGY CORP.
 97.04 +5.5% 65.2
CNR.TO
CANADIAN NATIONAL RAILWAY CO.
 166.47 +9.1% 65.4
DOL.TO
DOLLARAMA INC
 190.94 +11.7% 65.8
RCI-B.TO
ROGERS COMMUNICATIONS INC., CL.
 53.92 +10.2% 67.0
ATD.TO
ALIMENTATION COUCHE-TARD INC
 84.31 +8.2% 67.9
MFC.TO
MANULIFE FIN
 56.32 +4.1% 70.2
ZEB.TO
ZEB.TO
 72.22 +9.9% 73.1
BMO.TO
BANK OF MONTREAL
 235.25 +14.2% 74.6
TD.TO
TORONTO-DOMINION BANK
 164.01 +12.2% 75.5
BNS.TO
BANK OF NOVA SCOTIA
 117.43 +12.0% 76.3
SLF.TO
SUN LIFE FINANCIAL INC.
 107.04 +11.4% 77.5
RY.TO
ROYAL BANK OF CANADA
 278.93 +13.0% 80.2
Signal = dual momentum: each month hold the top-5 TSX names by 12-1 return, only while the index is above its 200-day trend (else cash). Honest caveat: the backtest universe is current index members, so ~half the headline return is survivorship bias you can’t capture live; the real transferable edge is the ranking (≈+0.2 Sharpe over random survivors). Expect lumpy growth with 30%+ drawdowns — not weekly income. The Live-vs-XIU tracker above is the honest scoreboard; the watchlist here is market context, not a trigger.