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Fund Leaderboard

Every fund published in the Foundry, ranked by how much of its backtest survived — not by return.

A board ranked on performance rewards whoever published the most aggressive rule into the kindest market, and its top slots fill with survivors. This one asks a different question: did the fund do what its backtest said it would? A rule that promised 9% and delivered 11% outranks one that promised 40% and delivered 12% — because the first told the truth.

Most of the board is currently unreadable, and that is not a fault. Eighteen of these funds were sealed on the same day in the Promise Ledger, so none of them has a live record long enough to judge yet.

How this works

A Foundry fund is a rule, not a portfolio. When it is published the rule is frozen and fingerprinted, and a track record starts that day. The rule can never be edited afterwards — changing your mind forks a new fund with its own record from zero.

The backtested figure is the claim exactly as it read on publication day, stored and never recomputed. Vendors restate adjusted closes as dividends and splits land, so re-running an old window would quietly move the goalposts. Only the live half is computed fresh.

A fund needs roughly six months live before its numbers say anything, and a couple of years before they say much. Anything younger is listed as unreadable rather than good or bad. Published funds can be retired but never deleted, and retired ones stay on this board with the reason they were retired attached.

Sharpe figures are struck against the real 3-month T-bill for each window, not against zero, so a claim made in a 2% rate environment is not flattered against a live window where bills pay 5%.

Educational analysis only — not investment advice, and not a recommendation to buy or hold anything. A backtest is a hypothesis, not a forecast. Past performance, backtested or live, does not predict future results. About Finisdom.