The Proof

25 years of validation. 433,500 ratings. Monotonic precision across every grade. This isn't marketing—it's mathematics.

433,500
Ratings Validated
25
Years of Data
91%
Bankruptcies Flagged Early
21.4%
Enduring Portfolio Returns

FSN™ 25-Year Benchmark Study

Our Fiduciary Stock Navigator™ rating was applied retrospectively across 25 years (12/31/2000 to 12/31/2025). The pattern is perfect: higher grades consistently delivered higher returns.

Average 1-Year Return by FSN Grade

433,500 samples • Zero survivorship bias

A+
33.3%
A
21.0%
B
17.4%
C
13.5%
D
10.8%
E
5.8%
F
-1.5%

Why This Matters

Monotonic precision: Returns decrease consistently as grades decrease. A+ outperforms A, A outperforms B, and so on through F. This isn't curve-fitting—it's statistical proof that our ratings capture real risk-return relationships across market cycles.

4D™ Study: 2022 Bear Market

How did our 4 Dimensions of Risk™ rating perform during the 2022 bear market? We analyzed the 2,619 largest U.S. companies.

A+ & A Rated Companies (50 stocks)

-5.1%

vs. S&P 500: -18.1%

B & C Rated Companies (400 stocks)

-8.0%

vs. S&P 500: -18.1%

D Rated Companies (823 stocks)

-8.8%

vs. S&P 500: -18.1%

E Rated Companies (568 stocks)

-19.1%

vs. S&P 500: -18.1%

F Rated Companies (778 stocks)

-33.8%

Nearly double the loss of the S&P 500

The takeaway: F-rated stocks lost 33.8%—nearly double the S&P 500's 18.1% decline. Our ratings identified which companies would suffer most in a downturn before the losses occurred.

Loss Indicator™ Bankruptcy Study

We analyzed 200 companies that were delisted due to bankruptcy. What were their Loss Indicator™ ratings two years before failure?

CONDEMNED
16.5%
DISTRESSED
74.5%
MARGINAL
8.5%
ACCEPTABLE
0.5%
91%

of bankruptcies were rated DISTRESSED or CONDEMNED
two years before failure

ERS Enduring Portfolio™: 25-Year Track Record

A portfolio constructed using our ratings methodology, tracked from 12/31/1999 to 12/31/2024.

Enduring Portfolio™ Returns
21.4%
annualized
S&P 500 Returns
7.7%
annualized
$1.00 Invested in 1999 Became:
$126.43
Enduring Portfolio™
$6.39
S&P 500

Past performance is not indicative of future results. See full disclosures.

Independently Verified

Our live model portfolios are tracked and verified by independent third parties. No black boxes. No hidden adjustments. Complete transparency.

BX Partners

Independent portfolio verification and index tracking

IndexOne

Third-party performance calculation and verification

We also welcome independent audit of our methodology. Choose any 2 of our 9 proprietary ratings for verification by McKinsey, PwC, or Deloitte under strict NDA.

Request Verification Details

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