SBITOP Equal Weight (Slovenia)

Point-in-time · survivorship-free

Holds the Ljubljana Stock Exchange blue-chip index in equal weight, rebalanced annually. The universe is SBITOP membership as EquityFolio observed it on each rebalance date. Denominated in euro.

Total return

80.8%

CAGR

7.7%

Max drawdown

-41.2%

Volatility

15.3%

Performance graphs

Growth of €10,000.

What was tested

This backtest simulates equal-weight sbitop constituents, annual rebalance, starting with €10,000 and running from 2018-01-02 to 2025-12-31. At each annual rebalance the universe is reconstructed from the SBITOP constituents as they stood on that date, then held equal-weight until the next rebalance.

Parameters

Universe: SBITOP point-in-time constituents
Method: Equal-weight SBITOP constituents, annual rebalance
Period: 2018-01-02 to 2025-12-31
Initial capital: €10,000
Rebalances: 8

Data limitations

This backtest is point-in-time: the index universe is reconstructed from historical constituent membership (removing survivorship bias) and any fundamentals used for selection are limited to what had been filed as of each rebalance date (removing look-ahead bias). The residual limitation is adjusted price history: some tickers that were delisted during the period have incomplete free EOD coverage and are dropped from the periods they lack prices, which can still bias results. Results exclude taxes, fees, slippage, and dividends. The exception is the index universe before EquityFolio began tracking this index: its exchange publishes only the current composition, so earlier membership is approximated by the earliest composition observed, which does not remove survivorship bias for that stretch.

Dropped for missing price history (6): CICG.LJ, EQNX.LJ, NLBR.LJ, SALR.LJ, VZZR.LJ, ZVTG.LJ