Here are 2 more versions to consider. {Cash25a} only uses CashLessDebt for screening. {CashFCF25a} adds the criteria: positive free cash flow and no finance sector stocks. Results from 19870302 to 20251128:

      Screen       CAGR  GSD  MDD  Sharpe
LargeCapCash_Div    13   19   -51   0.64
SP500MktCapWeight   11   18   -54   0.55
SP500EqualWeight    11   20   -60   0.52
SP1500EqualWeight   11   22   -60    0.5
     Cash25a        16   26   -59   0.64
    CashFCF25a      18   23   -51   0.76

https://gtr1.net/2013/?~Cash25a:h21f0.4::Q1End:gt0...
https://gtr1.net/2013/?~CashFCF25a:h21f0.4::Q1End:...

Define {Cash25a}
step0 to step3: US common stock, no IPOs, no recent mergers.
step4: [CashLessDebt] Top 10;

Define {CashFCF25a}
step0 to step3: US common stock, no IPOs, no recent mergers.
step4: no finance sector
step5: [FCF] > 0
step6: [CashLessDebt] Top 10;

(CashLessDebt includes short-term debt and investments. Results are similar using CashLessLTDebt. Maybe look at the screen picks to decide which version works with your data. Data sources vary in what they classify as long or short debt.)

Today's top 10 picks for {Cash25a} are 90% finance stocks. From 19870302 to 20251128, about 50% were finance stocks.

Ticker  fincd12.a     [FCF]  cashq1.s  stinvq1.s     [Cash]  ltdebtq1.s  stdebtq1.s     [Debt]  [CashLessDebt]  Company Name
  GS        11         -283   169,577    840,780  1,010,357     287,723     443,495    731,218         279,139  GOLDMAN SACHS GROUP INC THE
  JPM       11          -50   274,685  1,136,342  1,411,027     464,744     683,332  1,148,076         262,951  JP MORGAN CHASE & CO
BRK-A       11     -999,999    76,306    305,367    381,673     124,204       3,039    127,243         254,430  BERKSHIRE HATHAWAY INC CL A
BRK-B       11     -999,999    76,306    305,367    381,673     124,204       3,039    127,243         254,430  BERKSHIRE HATHAWAY INC CL B
  C         11     -999,999   323,807    638,532    962,339     310,149     468,393    778,542         183,797  CITIGROUP INC
  MS        11          -24   103,734    467,043    570,777     326,336     140,692    467,028         103,749  MORGAN STANLEY
  BK        11           -8    46,918    129,559    176,477      31,887      44,512     76,399         100,078  THE BANK OF NEW YORK MELLON CORP
 IBKR       11           21     5,128    110,694    115,822         108      28,212     28,320          87,502  INTERACTIVE BROKERS GROUP INC CL A
  STT       11          -12     4,756    134,810    139,566      24,688      29,518     54,206          85,360  STATE STREET CORP
 GOOG       12            4    23,090     75,406     98,496      35,763       8,432     44,195          54,301  ALPHABET INC CL C
GOOGL       6             4    23,090     75,406     98,496      35,763       8,432     44,195          54,301  ALPHABET INC CL A
 NVDA       6             2    11,486     49,122     60,608       9,482         999     10,481          50,127  NVIDIA CORP
  LNC       11          -26    10,668     35,141     45,809       7,772           0      7,772          38,037  LINCOLN NATIONAL CORP
 SCHW       11           17    30,572     53,109     83,681      16,099      33,181     49,280          34,401  CHARLES SCHWAB CORP THE
 TSLA       2             1    18,289     23,358     41,647      10,943       2,845     13,788          27,859  TESLA INC
  JEF       11          -11    11,459     43,321     54,780      19,585      16,863     36,447          18,333  JEFFERIES FINANCIAL GROUP INC
  BAC       11           -2   239,607    535,510    775,117     317,076     446,906    763,982          11,135  BANK OF AMERICA CORP
  RJF       11            7     9,195      6,107     15,302       3,432       1,093      4,525          10,777  RAYMOND JAMES FINANCIAL INC
 ANET       6             3     2,327      7,780     10,106           0           0          0          10,106  ARISTA NETWORKS INC
 ABNB       12            6     7,528      4,156     11,684         213       2,065      2,278           9,406  AIRBNB INC CL A

Mechanical Investing FAQ

---

Contact Shrewd'm
Contact the developer of these message boards.