Steve2![]() Elite ![]() ![]() ![]() ![]() ![]() Posts: 750 Joined: 10/11/2012 Location: Annapolis, MD ![]() | Here's another data point. I'm putting together a similar ETF account although I'm only part way through creating it (it currently contains only 109 strategies). I just did some quick sims with Settlement Wait Days = 1 and the results for both the back test and forward test periods were actually slightly better than with Settlement Wait Days = 0. So my guess is what you are seeing is due to volatility in performance introduced when one starts to vary account settings. So, I think we all need to do a Monte Carlo analysis on our completed ETF portfolios to determine the most likely expected performance. Steve |