DollarFlow Index

Long-only backtest of high-confidence hype-driven vs undervalued baskets — equal weight, annual rebalance. Window 2011-07-20 → 2026-07-20 (15.0 years).

Undervalued long

+16.0%

CAGR · 15y window

Overvalued long

-54.0%

CAGR · 15y window

SPY buy & hold

+12.2%

CAGR · 15y window

Cumulative return

Percent return from the window start. Undervalued long should lead SPY; overvalued long should lag.

2026-07-20

Undervalued long+817.3%Overvalued long-808.5%SPY+463.2%