Every 5-year stretch since 1997: SSO and the Bandwagon vs the S&P 500 (SPY)

source: Each point: invest at the start of that month, hold 5 years, divide by what SPY did over the same 5 years (above 1x = beat SPY). Starts Jan 1997 to Nov 2021; Same data, simulation and fees as the growth chart (sso-vs-momentum). Before tax. • drawn 2026-10-12 18:28 UTC