IN THIS REPORT
Brinson Attribution and Stock Performance
NxtGen Index gained 0.5% in Q4 2025 vs 2.4% for the US Large Cap benchmark. Relative underperformance was driven by stock selection effects (page 2).
Factor Attribution and Exposures
Low Beta orientation of the NxtGen Index contributes negatively to performance in Q4 and YTD 2025. Stock specific returns are negative in Q4 and approximately zero for the whole year (page 5).
Model Performance, Predictive Stability & Feature Importance
In 2025, the model’s predictive fidelity remained positive but declined from the earlier highs of 2024. In Q4 greater weight was assigned to Low Risk and Profitability characteristics - led by Semi-Variance, Gross Profits to Assets Ratio, and Return Volatility (page 8).
