Performance vs. benchmarks
The paper portfolio against the S&P 500 Total Return and USD-adjusted CETES — choose an interval.
Indexed to 100 at the start of the selected range. Portfolio is the equal-weight mark-to-market of active paper positions. Benchmarks: S&P 500 Total Return and USD-adjusted CETES 28-day. Not investment advice.
Fund allocation
Current weight of each open position (10% notional at entry, drifting with price), plus uninvested cash. Hover for the exact share.
Loading allocation…
Portfolio not yet initiated
No positions have been taken. The first paper trades are entered and published in Vol. 01, the week of June 9, 2026.
Prices via public market data, cached ~5 min · system of record is the TradingView paper portfolio. Paper portfolio only — not investment advice. Past paper performance does not predict future results.
How performance is judged
Two benchmarks, never blended
A benchmark answers one question: did the research add value relative to doing nothing? Because “doing nothing” differs by reader, Acies reports against both passive baselines separately.
S&P 500 Total Return
The passive baseline for a US investor: price appreciation plus dividends reinvested.
CETES 28-Day (USD-adjusted)
The peso risk-free rate, adjusted for USD/MXN movement — the honest USD opportunity cost of holding CETES.
Discipline
Construction parameters
Drawdown governance: a full portfolio review is published at −10% from inception; at −15%, the two weakest-thesis positions are closed and a special issue is published within one week. Stated here, before any position exists, and applied without exception.
The Acies paper portfolio is a hypothetical, simulated record using real market prices and no real capital. It does not account for bid-ask spreads, commissions, or market impact. Inception: 2026-06-09. Nothing here is investment advice.