Trend Following Summary

--- Trend Following for ETN as of 2025-12-26 ---
Date Opened  Adj Open Price  Date Closed  Adj Close Price  Trade Gain  
-----------------------------------------------------------------------
1991-12-24   $1.00           1991-12-26   $1.00                   1.00x (Cash)
1991-12-26   $2.39           1995-03-16   $4.26                   1.78x
1995-03-16   $1.00           1995-07-11   $1.82                   1.82x (Cash)
1995-07-11   $5.33           1995-07-20   $4.90                   0.92x
1995-07-20   $1.00           1996-01-18   $0.95                   0.95x (Cash)
1996-01-18   $4.61           1998-07-20   $6.59                   1.43x
1998-07-20   $1.00           1998-08-10   $1.44                   1.44x (Cash)
1998-08-10   $6.21           1998-11-20   $6.47                   1.04x
1998-11-20   $1.00           1999-11-03   $1.10                   1.10x (Cash)
1999-11-03   $7.02           2000-08-17   $6.80                   0.97x
2000-08-17   $1.00           2001-06-14   $1.01                   1.01x (Cash)
2001-06-14   $10.29          2002-07-25   $9.24                   0.90x
2002-07-25   $1.00           2002-08-15   $0.90                   0.90x (Cash)
2002-08-15   $9.73           2003-03-26   $10.35                  1.06x
2003-03-26   $1.00           2003-08-12   $1.08                   1.08x (Cash)
2003-08-12   $12.19          2006-02-02   $19.88                  1.63x
2006-02-02   $1.00           2006-05-15   $1.65                   1.65x (Cash)
2006-05-15   $23.15          2008-01-23   $24.48                  1.06x
2008-01-23   $1.00           2008-02-13   $1.06                   1.06x (Cash)
2008-02-13   $25.61          2008-09-08   $22.55                  0.88x
2008-09-08   $1.00           2010-03-12   $0.93                   0.93x (Cash)
2010-03-12   $24.61          2011-08-09   $27.28                  1.11x
2011-08-09   $1.00           2011-08-30   $1.11                   1.11x (Cash)
2011-08-30   $29.44          2012-06-19   $28.47                  0.97x
2012-06-19   $1.00           2012-12-21   $0.98                   0.98x (Cash)
2012-12-21   $39.41          2015-04-30   $53.57                  1.36x
2015-04-30   $1.00           2016-08-10   $1.39                   1.39x (Cash)
2016-08-10   $54.43          2016-09-15   $51.60                  0.95x
2016-09-15   $1.00           2016-12-09   $0.95                   0.95x (Cash)
2016-12-09   $57.71          2019-03-18   $70.90                  1.23x
2019-03-18   $1.00           2019-04-08   $1.23                   1.23x (Cash)
2019-04-08   $72.82          2019-06-11   $70.80                  0.97x
2019-06-11   $1.00           2019-07-02   $0.97                   0.97x (Cash)
2019-07-02   $73.35          2019-08-16   $68.17                  0.93x
2019-08-16   $1.00           2019-11-20   $0.93                   0.93x (Cash)
2019-11-20   $80.90          2020-03-18   $61.85                  0.76x
2020-03-18   $1.00           2020-04-08   $0.76                   0.76x (Cash)
2020-04-08   $70.12          2022-12-22   $150.76                 2.15x
2022-12-22   $1.00           2023-06-23   $2.19                   2.19x (Cash)
2023-06-23   $188.00         2025-04-01   $270.08                 1.44x
2025-04-01   $1.00           2025-04-23   $1.44                   1.44x (Cash)
2025-04-23   $287.11         2026-02-27   $375.92                 1.31x (open)
----------------------------------------------------------------------
Method CAGR                   9.00%
Buy & Hold CAGR              15.52%
----------------------------------------------------------------------
-- INFORMATIONAL USE ONLY -- 
These are not trade recommendations. See Disclaimer for more information.

Disclaimer

For Educational Purposes Only: All content on this site, including articles, tools, and simulations, is for informational and educational purposes only. It should not be construed as financial, investment, legal, or tax advice. The information provided is general in nature and not tailored to any individual's specific circumstances.

Software Development Has Inherent Risks: The software used to perform the analyses may have errors or inaccuracies. When we post updates to any material, errors or inaccuracies that are subsequently fixed may change the results.

No Guarantees & Risk of Loss: The analyses and simulations presented are based on historical data. Past performance is not an indicator or guarantee of future results. All investing involves risk, including the possible loss of principal. Market conditions are subject to change, and the future may not resemble the past.

No Fiduciary Relationship: Your use of this information does not create a fiduciary or professional advisory relationship. We are not acting as your financial advisor.

Consult a Professional: You should always conduct your own research and due diligence. Before making any financial decisions, it is essential to consult with a qualified and licensed financial professional who can assess your individual situation and objectives. We disclaim any liability for actions taken or not taken based on the content of this site. * Nobody associated with Algorithmic Fire LLC has any credential(s) or affiliation(s) with any licensing or regulatory bodies, including but not limited to: Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA).

Copyright 2025-2026 Algorithmic Fire LLC. All rights reserved.

Trend Following Summary

--- Trend Following for ETN as of 2025-12-26 ---
Date Opened  Adj Open Price  Date Closed  Adj Close Price  Trade Gain  
-----------------------------------------------------------------------
1991-12-24   $1.00           1992-01-17   $1.00                   1.00x (Cash)
1992-01-17   $2.74           1992-11-19   $2.86                   1.04x
1992-11-19   $1.00           1993-01-26   $1.05                   1.05x (Cash)
1993-01-26   $3.20           1994-06-29   $4.38                   1.37x
1994-06-29   $1.00           1995-04-07   $1.45                   1.45x (Cash)
1995-04-07   $4.51           1995-10-20   $4.52                   1.00x
1995-10-20   $1.00           1996-02-14   $1.02                   1.02x (Cash)
1996-02-14   $5.09           1996-08-19   $4.95                   0.97x
1996-08-19   $1.00           1996-10-04   $0.98                   0.98x (Cash)
1996-10-04   $5.40           1998-05-27   $8.30                   1.54x
1998-05-27   $1.00           1999-03-16   $1.60                   1.60x (Cash)
1999-03-16   $6.45           1999-10-20   $6.65                   1.03x
1999-10-20   $1.00           1999-11-10   $1.03                   1.03x (Cash)
1999-11-10   $6.83           1999-11-12   $7.13                   1.04x
1999-11-12   $1.00           2000-04-27   $1.07                   1.07x (Cash)
2000-04-27   $7.84           2000-07-14   $6.67                   0.85x
2000-07-14   $1.00           2001-01-04   $0.87                   0.87x (Cash)
2001-01-04   $9.39           2001-09-21   $7.66                   0.81x
2001-09-21   $1.00           2002-01-07   $0.83                   0.83x (Cash)
2002-01-07   $10.39          2002-07-25   $9.24                   0.89x
2002-07-25   $1.00           2003-01-02   $0.91                   0.91x (Cash)
2003-01-02   $11.11          2005-05-05   $17.42                  1.57x
2005-05-05   $1.00           2005-09-13   $1.59                   1.59x (Cash)
2005-09-13   $19.65          2005-10-17   $17.78                  0.91x
2005-10-17   $1.00           2005-12-19   $0.91                   0.91x (Cash)
2005-12-19   $20.25          2006-08-17   $20.13                  0.99x
2006-08-17   $1.00           2006-11-09   $1.00                   1.00x (Cash)
2006-11-09   $22.46          2007-12-20   $28.12                  1.25x
2007-12-20   $1.00           2008-06-13   $1.27                   1.27x (Cash)
2008-06-13   $30.38          2008-07-31   $22.77                  0.75x
2008-07-31   $1.00           2009-06-19   $0.77                   0.77x (Cash)
2009-06-19   $15.18          2011-07-19   $35.47                  2.34x
2011-07-19   $1.00           2012-02-01   $2.36                   2.36x (Cash)
2012-02-01   $35.11          2012-06-15   $28.45                  0.81x
2012-06-15   $1.00           2012-09-28   $0.81                   0.81x (Cash)
2012-09-28   $33.87          2014-09-08   $52.79                  1.56x
2014-09-08   $1.00           2015-03-30   $1.58                   1.58x (Cash)
2015-03-30   $52.05          2015-08-06   $47.31                  0.91x
2015-08-06   $1.00           2016-04-01   $0.92                   0.92x (Cash)
2016-04-01   $49.87          2018-06-01   $67.15                  1.35x
2018-06-01   $1.00           2018-07-11   $1.35                   1.35x (Cash)
2018-07-11   $67.37          2018-11-28   $65.77                  0.98x
2018-11-28   $1.00           2019-03-29   $0.98                   0.98x (Cash)
2019-03-29   $70.75          2020-03-18   $61.85                  0.87x
2020-03-18   $1.00           2020-04-08   $0.87                   0.87x (Cash)
2020-04-08   $70.12          2020-04-21   $69.64                  0.99x
2020-04-21   $1.00           2020-07-29   $0.99                   0.99x (Cash)
2020-07-29   $86.82          2022-03-11   $141.13                 1.63x
2022-03-11   $1.00           2022-11-14   $1.66                   1.66x (Cash)
2022-11-14   $154.64         2025-03-05   $280.62                 1.81x
2025-03-05   $1.00           2025-07-07   $1.84                   1.84x (Cash)
2025-07-07   $361.17         2026-01-15   $336.52                 0.93x
----------------------------------------------------------------------
Method CAGR                   9.58%
Buy & Hold CAGR              15.52%
----------------------------------------------------------------------
-- INFORMATIONAL USE ONLY -- 
These are not trade recommendations. See Disclaimer for more information.

Disclaimer

For Educational Purposes Only: All content on this site, including articles, tools, and simulations, is for informational and educational purposes only. It should not be construed as financial, investment, legal, or tax advice. The information provided is general in nature and not tailored to any individual's specific circumstances.

Software Development Has Inherent Risks: The software used to perform the analyses may have errors or inaccuracies. When we post updates to any material, errors or inaccuracies that are subsequently fixed may change the results.

No Guarantees & Risk of Loss: The analyses and simulations presented are based on historical data. Past performance is not an indicator or guarantee of future results. All investing involves risk, including the possible loss of principal. Market conditions are subject to change, and the future may not resemble the past.

No Fiduciary Relationship: Your use of this information does not create a fiduciary or professional advisory relationship. We are not acting as your financial advisor.

Consult a Professional: You should always conduct your own research and due diligence. Before making any financial decisions, it is essential to consult with a qualified and licensed financial professional who can assess your individual situation and objectives. We disclaim any liability for actions taken or not taken based on the content of this site. * Nobody associated with Algorithmic Fire LLC has any credential(s) or affiliation(s) with any licensing or regulatory bodies, including but not limited to: Securities and Exchange Commission (SEC), Financial Industry Regulatory Authority (FINRA).

Copyright 2025-2026 Algorithmic Fire LLC. All rights reserved.