Alpha Labs
Alpha Labs Brief
Paper-account experiment performance versus SPY/XUS.
Updated: Jun 27, 2026, 12:10 PM PDT
Stocks and ETFs only
stock_long_shortUS$485.31Cash US$0.0Return -2.938%Alpha vs SPY -2.2792 ptsAlpha vs XUS -5.0623 pts
Performance Stock Long Short
-2.94% account return Down -2.94 pts over window
Lagging or incomplete versus benchmark. Heath question: is this durable strategy signal or short-window experiment noise?
Options only
options_onlyUS$279.9Cash US$259.9Return -44.02%Alpha vs SPY -43.3612 ptsAlpha vs XUS -46.1443 pts
Performance compressed scale keeps benchmarks visibleOptions Only
-44.02% account return Down -44.02 pts over window
Lagging or incomplete versus benchmark. Heath question: is this durable strategy signal or short-window experiment noise?
Open instrument sandbox
open_instrumentUS$464.95Cash US$0.0Return -7.01%Alpha vs SPY -6.3512 ptsAlpha vs XUS -9.1343 pts
Performance Open Instrument
-7.01% account return Down -7.01 pts over window
Lagging or incomplete versus benchmark. Heath question: is this durable strategy signal or short-window experiment noise?