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Funds (13F)

Capital International Investors

Backtest from 16 Aug 2013 to 2 Nov 2026 · weekly · hypothetical

Watch this strategy
Return a year
+14.2%
S&P 500 +14.1%
Last 12 months
+10.0%
S&P 500 +12.1%
Sharpe ratio
0.79
S&P 500 0.78
Biggest drop
−32.7%
S&P 500 −31.8%
$10.0k$20.0k$40.0k 2013201520172019202120232025 $58.0k$57.0k
StrategyS&P 500 $10,000 in Capital International Investors from 16 Aug 2013 against the S&P 500 (total return) over the same dates, marked weekly, log scale. Hypothetical: before taxes and trading costs.

About

Copies Capital International Investors's quarterly 13F holdings in the companies we cover, weighted by reported value: it buys on the first trading day after each 13F is filed (up to 45 days after the quarter) and holds until the next filing. A 13F shows long US-listed positions only, at the quarter's end, so this misses shorts, cash, bonds, non-US holdings and trading within the quarter.

Capital International Investors's 13F holdings →

Key statistics

MeasureStrategyS&P 500
Return a year (compound)+14.2%+14.1%
Total return+480%+470%
Last 12 months+10.0%+12.1%
Last 3 months+0.6%—
Last month−0.4%—
This year so far+7.9%—
Volatility a year16.1%16.0%
Sharpe ratio0.790.78
Biggest drop−32.7%−31.8%
Beta to the S&P 5000.991.00
Alpha a year (t-statistic)+0.3% (0.35)—
Share of weeks up60%—

Sharpe ratio uses returns above the 3-month Treasury bill rate. Alpha is the yearly return left after allowing for the strategy's exposure to the S&P 500 (CAPM); a t-statistic below about 2 means it cannot be told apart from luck.

Insights

CompanyWeightHeld sinceReturn since
AVGO6.9%——
MSFT4.5%——
NVDA4.2%——
PM2.9%——
MU2.7%——
AAPL2.4%——
KLAC2.4%——
META2.4%——
AMZN2.3%——
WELL2.0%——
V1.9%——
RCL1.7%——
APH1.7%——
GOOGL1.6%——
LLY1.5%——
GE1.5%——
TDG1.5%——
AZN1.4%——
SHOP1.4%——
MA1.3%——
TSM1.2%——
INTC1.2%——
ASML1.1%——
TFC1.0%——
RTX0.9%——
JPM0.9%——
DE0.9%——
ABBV0.9%——
FTAI0.8%——
KKR0.8%——
UNH0.7%——
MELI0.7%——
ABT0.7%——
CEG0.7%——
BTI0.7%——
MSTR0.7%——
PSA0.7%——
COP0.7%——
NOC0.7%——
DHR0.7%——
MDLZ0.7%——
PAYX0.6%——
APD0.6%——
BAC0.6%——
YUM0.6%——
NET0.6%——
CSCO0.6%——
MRSH0.6%——
COST0.6%——
B0.5%——
VRTX0.5%——
LIN0.5%——
RYAAY0.5%——
RPRX0.4%——
MRK0.4%——
CNP0.4%——
MTD0.4%——
DAL0.4%——
CDNS0.4%——
BURL0.4%——
PGR0.4%——
GEV0.4%——
SBUX0.4%——
TMO0.4%——
CVS0.4%——
CAT0.3%——
CVNA0.3%——
APP0.3%——
WFC0.3%——
OKE0.3%——
FICO0.3%——
SPGI0.3%——
BLK0.3%——
WSO0.3%——
LII0.3%——
COHR0.3%——
KO0.3%——
AMAT0.3%——
SRE0.3%——
LYV0.3%——
MS0.3%——
ATO0.3%——
CRM0.3%——
ITT0.3%——
ONC0.3%——
CVE0.3%——
WDC0.3%——
PWR0.2%——
ZBH0.2%——
HEI0.2%——
CMG0.2%——
STX0.2%——
MAR0.2%——
HUM0.2%——
VRSK0.2%——
INSM0.2%——
SAP0.2%——
RBLX0.2%——
UNP0.2%——
MKSI0.2%——
UAL0.2%——
EFX0.2%——
TSCO0.2%——
IR0.2%——
WCN0.2%——
HCA0.2%——
IP0.2%——
KDP0.2%——
TOST0.2%——
ATI0.2%——
ARM0.2%——
CHD0.2%——
LOAR0.2%——
HLT0.2%——
ALGN0.1%——
WPM0.1%——
CME0.1%——
SPXC0.1%——
ULS0.1%——
PBR0.1%——
AMGN0.1%——
COF0.1%——
ARMK0.1%——
WSE0.1%——
ETR0.1%——
TT0.1%——
ASND0.1%——
AUR0.1%——
WMT0.1%——
RKT0.1%——
PLD0.1%——
HTHT0.1%——
MTN0.1%——
JNJ0.1%——
HOOD0.1%——
GH0.1%——
TJX0.1%——
TMUS0.1%——
SPOT0.1%——
NKE0.1%——
CSGP0.1%——
NVO0.1%——
HD0.1%——
AJG0.1%——
TEL0.1%——
TXN0.1%——
CVX0.1%——
NTR0.1%——
CM0.1%——
MCD0.1%——

Weighted by reported value in the latest 13F, held until the next filing.

PeriodReturn a yearS&P 500SharpeS&P 500Biggest dropBetaAlpha (t)
Whole backtest16 Aug 2013 to 2 Nov 2026+14.2%+14.1%0.790.78−32.7%0.99+0.3% (0.35)
2018 onwards5 Jan 2018 to 2 Nov 2026+13.6%+13.9%0.640.66−32.7%0.99−0.1% (−0.15)
Last three years3 Nov 2023 to 2 Nov 2026+21.7%+21.8%1.111.16−17.4%1.01−0.1% (−0.07)
Last year7 Nov 2025 to 2 Nov 2026+11.8%+14.2%0.630.84−10.4%0.98−1.8% (−0.40)
DateCompanyAction
14 Aug 2026WSEBought
14 Aug 2026WDCBought
14 Aug 2026VRTBought
14 Aug 2026VGNTBought
14 Aug 2026TERBought
14 Aug 2026TDSBought
14 Aug 2026STXBought
14 Aug 2026SPCXBought
14 Aug 2026SNBought
14 Aug 2026QNTBought
14 Aug 2026QCOMBought
14 Aug 2026PANWBought
14 Aug 2026MOSBought
14 Aug 2026LCLNBought
14 Aug 2026IONSBought
14 Aug 2026INIOBought
14 Aug 2026IESCBought
14 Aug 2026ICHRBought
14 Aug 2026HUTBought
14 Aug 2026HOODBought
14 Aug 2026HAWKBought
14 Aug 2026GPCBought
14 Aug 2026GMBought
14 Aug 2026GATXBought
14 Aug 2026FRVOBought

Dated at the rebalance that made the change.

DateCompanyAction
14 Aug 2026WGSSold
14 Aug 2026USFDSold
14 Aug 2026ULSold
14 Aug 2026UBERSold
14 Aug 2026TWFGSold
14 Aug 2026TRUSold
14 Aug 2026TEAMSold
14 Aug 2026SWSold
14 Aug 2026SHWSold
14 Aug 2026RSGSold
14 Aug 2026QGENSold
14 Aug 2026NOVTSold
14 Aug 2026NMIHSold
14 Aug 2026NISold
14 Aug 2026NATLSold
14 Aug 2026LMBSold
14 Aug 2026ITSold
14 Aug 2026HRISold
14 Aug 2026GKOSSold
14 Aug 2026GGGSold
14 Aug 2026FSSSold
14 Aug 2026FLUTSold
14 Aug 2026EXRSold
14 Aug 2026DKNGSold
14 Aug 2026DDOGSold

Dated at the rebalance that made the change.

Backtests are hypothetical and use today's listed companies only, which flatters results. Past performance does not predict future returns. This is research, not investment advice. How we backtest