FACTOR OBS. 2026-07-22 · 00:00 UTC

FACTOR · AN ON-CHAIN HEDGE FUND · ROBINHOOD CHAIN

Rank the market.
Hold the winners.

FACTOR HEDGE FUND · 93 TOKENIZED STOCKS · SCORED EVERY DAY

THE FUND

Factor scores every tokenized stock on Robinhood Chain on four things — momentum, how hard it swings, how easy it is to trade, and where the money's going — ranks them, and holds the best in two live portfolios. Follow the fund, or trade any stock yourself in the terminal.

—stocks tracked
—top picks today
—momentum portfolio · 33d
—steady portfolio · 33d
Open the Terminal ↗ See the rankings ↓ Read the whitepaper ↗ ▶ Watch the intro

1The Rankings

Every tokenized stock on the chain, scored 0–100 on four factors and ranked. The names near the top are what the fund holds. Click any row for the full breakdown; type to filter.

# NAME MARK 24H 33D MOM VOL LIQ FLOW COMP DECILE TRADE

Fig. 1 — The rankings. Each stock scored 0–100 on four factors, combined into one score (COMP), then sorted. Marks pulled on-chain 2026-07-22. Contract addresses come from Robinhood's official registry (api.robinhood.com/rhj/assets) — never guessed from token names or pool size, which fakes copy. The ↗ opens the stock on Uniswap to trade; — means the official token has no pool listed yet (its address is on the stock's page).

Fig. 2 — Average 24h move by rank group. Higher-ranked groups tending to move more is the scoring working; the exceptions are what the method handles.

2Stock Breakdowns

One page per stock — its four scores, price history, and where it ranks. Open any row above, or a sample:

3The Portfolios

Two portfolios the fund runs live — one chases momentum, one plays it steady. Equal weight, rebalanced weekly, tracked from 100. Every change is logged below. These are tracked portfolios, not a custodial fund — see the disclaimer at the bottom.

HIGH-MOMO — top-decile momentum, n=10 STEADY (dashed) — minimum-volatility, liquid names, n=10

Fig. 3 — Indexed NAV, base 100 at inception (33 days shown). Dashed rule = base. Hover for the crosshair.

HIGH-MOMO · REBALANCE LOG

    STEADY · REBALANCE LOG

      4The Factor ETF

      One click into the fund's top picks. FCTR10 holds the ten best-ranked tokenized stocks on the chain, equal weight, rebalanced weekly as the rankings move. Buy the basket in the terminal, or buy any single name on Uniswap.

      FCTR10 The Factor 10 — equal-weight basket of the top-ranked stocks
      —since inception, 33d
      10holdings · 10% each
      weeklyrebalance
      Connect wallet & buy → or click any holding below to buy it on Uniswap ↓

      HOW THE ETF WORKS

      • It picks itself. Every day the fund scores all 93 tokenized stocks; the ten best by combined score make the basket.
      • Equal weight. Each name is 10% of the basket, so no single stock runs the show.
      • Rebalanced weekly. As the rankings shift, names drop out and new ones come in — every change is logged.
      • You hold the tokens. This is a tracked basket, not a custodial fund. Buying it means buying the underlying Stock Tokens into your own wallet.

      HOW TOKENIZED STOCKS WORK

      Each holding is a Stock Token — an ERC-20 token on Robinhood Chain that tracks the price of a real share or ETF. They're issued by Robinhood Assets (Jersey) Limited, trade 24/7 on-chain, and settle into your wallet like any token. They give price exposure, not shareholder rights, and aren't offered to U.S. persons.

      Stock Tokens — Robinhood docs ↗ Official token registry (API) ↗ Robinhood Chain ↗ Bridge funds in ↗

      5How We Score

      The exact math behind the score, if you want to check it yourself.2

      (1) MOMi = pct[ 0.5·ri1d + 0.3·ri7d + 0.2·ri30d ] blended trailing return, percentile-ranked across the universe
      (2) VOLi = 100 − pct[ σ(ri,d) ], d = 1…30 stdev of daily returns; the calm score high
      (3) LIQi = pct[ 0.6·ln(1+Hi) + 0.4·ln(1+Fi·Pi) ] holders and float notional, log-damped
      (4) FLOWi = pct[ ΔHi7d + sgn(ri1d)·min(1, |ri1d|/8%) ] is money arriving — holder delta with a direction kicker
      (5) COMPi = 0.35·MOM + 0.20·VOL + 0.25·LIQ + 0.20·FLOW the composite; deciles D1–D10 cut on its percentile

      Universe. All Stock Tokens with an active pool on Robinhood Chain (n = 93 at observation). Marks are on-chain trades, not exchange prints; the two disagree, and that disagreement is tradeable information, not error.

      Windows. Scores recompute daily at 00:00 UTC. Lookbacks: 1/7/30 days. Weekly reconstitution for the model portfolios, executed at the 00:00 UTC mark.

      Honesty. The chain is 21 days old; a 30-day window does not yet exist. Where the archive is younger than the window, series are seeded estimates anchored to observed marks and flagged so in the data file. They converge to fully-observed statistics as the archive matures. We would rather label it than pretend.2

      1 The desk is a cron job. It has never missed an observation and holds no opinions, only ranks.

      2 Cf. Fama, E. and French, K. (1993), "Common risk factors in the returns on stocks and bonds," Journal of Financial Economics 33(1). The factors are older than the chain; the chain does not care.

      3 Factor scores are statistics, not signals. Past cross-sections do not predict future ones. Nothing here is investment advice.

      6The $FCTR Token

      The fund's key. Hold it to unlock the data and tools — not a claim on the portfolios.

      1,000,000,000fixed supply, no emissions
      HOLD → APIscore history, custom screens, sheet exports
      CA · TBApublished at deployment, verified on-chain
      0% / 0%tax; the desk sells statistics, not exit liquidity

      ROADMAP

      1. Q3 ’26LIVE Scoreboard + factor sheets, daily 00:00 UTC observation
      2. Q3 ’26IN PROGRESS Model portfolios with public rebalance logs
      3. Q4 ’26PLANNED $FCTR deployment · score-history API · custom screens
      4. Q1 ’27PLANNED Factor scores for the memecoin universe. Someone had to.