Ten‑A‑Day quant desk
MARKET OPEN 15:13 ET
Dual-momentum signal · book as of 2026-08-05 · 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 200d53.94 / 48.55
Holdings5 / 5
Live vs XIU · since 2026-06-08 -7.3% / +5.4%

Paper Trade · Live

▼ behind XIU $138 since 2026-06-08 ● live · 60s
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
$916.02 -8.40%
vs Hold-XIU
$1053.73 +5.37%
PositionQtyEntryLiveValueP&L
VNP.TO
5N PLUS INC.
4.25943.88 29.55$125.84 $-61.03 (-32.7%)
EFX.TO
ENERFLEX LTD
5.32235.11 29.35$156.21 $-30.66 (-16.4%)
BB.TO
BLACKBERRY LIMITED
15.88011.88 12.33$195.80 $+7.15 (+3.8%)
ARE.TO
AECON GROUP INC
4.78344.41 47.66$227.94 $+15.54 (+7.3%)
DSV.TO
DISCOVERY SILVER CORP
20.2538.75 10.38$210.23 $+33.01 (+18.6%)
$1,000 split equal-weight into the book at inception (2026-06-08), marked at the live 1-minute price. Auto-refreshes every 60s while the market is 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
VNP.TO 5N PLUS INC. Basic Materials HOLD ≈ 6.696 sh
12-1 Momentum
+245%
Quality
85/100
Price
29.87
Weight
$200
Disaster stop
23.90
Trend
above 200d
📊 ROE 32% · margin 14% · rev +33%
BB.TO BLACKBERRY LIMITED Technology HOLD ≈ 16.287 sh
12-1 Momentum
+226%
Quality
69/100
Price
12.28
Weight
$200
Disaster stop
9.82
Trend
above 200d
📊 ROE 8% · margin 10% · rev +26%
EFX.TO ENERFLEX LTD Energy HOLD ≈ 6.508 sh
12-1 Momentum
+202%
Quality
71/100
Price
30.73
Weight
$200
Disaster stop
24.58
Trend
above 200d
📊 ROE 7% · margin 3% · rev +6%
DSV.TO DISCOVERY SILVER CORP Basic Materials HOLD ≈ 19.175 sh
12-1 Momentum
+185%
Quality
96/100
Price
10.43
Weight
$200
Disaster stop
8.34
Trend
above 200d
📊 ROE 53% · margin 21%
ARE.TO AECON GROUP INC Industrials HOLD ≈ 4.168 sh
12-1 Momentum
+176%
Quality
44/100
Price
47.99
Weight
$200
Disaster stop
38.39
Trend
above 200d
📊 ROE -7% · margin -1% · rev +25%
Skipped by the 3 gates (tradeable · quality · sector):
MAU.TO MONTAGE GOLD CORPweak fundamentals (quality 6/100 — ROE -29% · margin 0%) +299%
ABRA.TO ABRASILVER RESOURCE CORPweak fundamentals (quality 11/100 — ROE -86% · margin 0%) +162%
IAU.TO I 80 GOLD CORPweak fundamentals (quality 32/100 — ROE -77% · margin -177% · rev +273%) +160%
CU.TO CANADIAN UTILITIES LTD., CL.A, weak fundamentals (quality 27/100 — ROE 2% · margin 3% · rev +9%) +40%
LB.TO LAURENTIAN BANKweak fundamentals (quality 7/100 — ROE 1% · margin 3% · rev -17%) +38%
KEY.TO KEYERA CORPweak fundamentals (quality 22/100 — ROE 7% · margin 3% · rev -26%) +35%
CPX.TO CAPITAL POWER CORPORATIONweak fundamentals (quality 37/100 — ROE 2% · margin 3% · rev +75%) +34%
NGEX.TO NGEX MINERALS LTDweak fundamentals (quality 11/100 — ROE -33% · margin 0%) +31%
MDA.TO MDA SPACE LTDweak fundamentals (quality 10/100 — margin 2% · rev +0%) +30%
NFI.TO NFI GROUP INCweak fundamentals (quality 6/100 — ROE -19% · margin -3% · rev +0%) +26%
BLX.TO BORALEX INC.weak fundamentals (quality 27/100 — ROE 0% · margin -4% · rev +21%) +24%
SPB.TO SUPERIOR PLUS CORP.weak fundamentals (quality 35/100 — ROE 5% · margin 2% · rev -11%) +17%
BN.TO BROOKFIELD CORPORATIONweak fundamentals (quality 21/100 — ROE 3% · margin 2% · rev +8%) +5%
PBH.TO PREMIUM BRANDS HOLDINGS CORPORAweak fundamentals (quality 33/100 — ROE 2% · margin 1% · rev +25%) +2%
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. none today) 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
ENB.TO
ENBRIDGE INC
72.25 -7.5% 26.5
TRP.TO
TC ENERGY CORP.
89.59 -8.3% 31.4
FTS.TO
FORTIS INC
78.40 -4.0% 34.4
EMA.TO
EMERA INCORPORATED
72.14 -3.6% 34.6
T.TO
TELUS CORPORATION
13.84 -6.4% 38.8
TOU.TO
TOURMALINE OIL CORP
59.71 -0.9% 40.3
L.TO
LOBLAW CO
63.44 +0.6% 43.2
NTR.TO
NUTRIEN LTD
92.50 -0.2% 43.7
SU.TO
SUNCOR ENERGY INC.
85.51 +6.2% 44.5
QSR.TO
RESTAURANT BRANDS INTERNATIONAL
103.28 -1.6% 46.6
WN.TO
WESTON GEORGE
102.12 +2.8% 47.3
WCN.TO
WASTE CONNECTIONS INC
233.46 -5.0% 47.6
CP.TO
CANADIAN PACIFIC KANSAS CITY LI
126.71 +0.5% 49.6
LSPD.TO
LIGHTSPEED COMMERCE INC
14.31 -4.9% 50.2
CVE.TO
CENOVUS ENERGY INC.
39.55 +10.5% 50.9
CNR.TO
CANADIAN NATIONAL RAILWAY CO.
177.21 +1.6% 51.6
RCI-B.TO
ROGERS COMMUNICATIONS INC., CL.
48.31 +4.7% 51.7
MG.TO
MAGNA INTERNATIONAL INC
95.65 +4.6% 52.5
NA.TO
NATIONAL BANK OF CANADA
226.94 -0.8% 52.9
CNQ.TO
CDN NATURAL RES
63.56 +10.1% 53.2
IMO.TO
IMPERIAL OIL
176.67 +6.8% 54.0
TD.TO
TORONTO-DOMINION BANK
169.92 -0.8% 54.1
CM.TO
CANADIAN IMPERIAL BANK OF COMME
166.24 +1.0% 54.5
RY.TO
ROYAL BANK OF CANADA
295.66 +0.2% 55.3
ZEB.TO
ZEB.TO
76.69 +0.3% 55.5
DSG.TO
DESCARTES SYS
106.86 +4.4% 55.8
BNS.TO
BANK OF NOVA SCOTIA
123.98 +1.4% 56.3
SLF.TO
SUN LIFE FINANCIAL INC.
115.26 +1.6% 56.8
ATD.TO
ALIMENTATION COUCHE-TARD INC
92.42 +0.9% 58.4
BCE.TO
BCE INC.
31.93 +5.1% 58.7
BMO.TO
BANK OF MONTREAL
253.45 +0.8% 58.9
FM.TO
FIRST QUANTUM MINERALS LTD
41.86 +14.2% 59.3
DOL.TO
DOLLARAMA INC
192.49 +3.6% 59.4
CTC-A.TO
CANADIAN TIRE CORPORATION, CL.
202.26 +5.9% 60.1
GIB-A.TO
CGI INC
103.44 +8.0% 61.2
CSU.TO
CONSTELLATION SOFTWARE INC.
3150.75 +10.6% 61.6
XIC.TO
XIC.TO
57.66 +2.5% 62.3
XEQT.TO
XEQT.TO
45.92 +1.6% 62.4
FNV.TO
FRANCO-NEVADA CORPORATION
322.24 +8.4% 62.7
XIU.TO
XIU.TO
53.89 +2.5% 63.5
WPM.TO
WHEATON PRECIOUS METALS CORP
175.00 +10.3% 63.5
TECK-B.TO
TECK RESOURCES LIMITED CL B
93.25 +6.8% 64.1
OTEX.TO
OPEN TEXT CORPORATION
36.97 +11.8% 64.3
ABX.TO
BARRICK MINING CORPORATION
58.05 +10.9% 64.5
AEM.TO
AGNICO EAGLE MINES LIMITED
235.92 +10.6% 64.9
MFC.TO
MANULIFE FIN
62.81 +6.8% 67.4
SHOP.TO
SHOPIFY INC
205.19 +18.5% 67.6
BAM.TO
BROOKFIELD ASSET MANAGEMENT LTD
74.04 +12.0% 70.6
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.