Table 1. Performance of Stock Screens on AAII's Web Site Ranked by 2005 YTD Return
Value Strategies Price Change (%) Monthly Variability (%) Monthly Holdings
YTD* 2004 2003 2002 2001 2000 1999 1998 Total* Std Dev Gain Loss Avg # Turnover %
Dreman With Est Revisions 5.2 35.0 69.2 16.6 (29.9) 38.7 6.7 10.7 221.6 6.6 11.4 (25.8) 12 79.8
P/E Relative 4.6 24.7 51.1 11.1 16.1 20.3 (6.0) 26.5 263.7 4.7 14.9 (12.4) 33 78.0
Graham—Enterprising Investor 4.1 18.9 25.9 43.5 55.3 24.2 (5.0) (7.3) 280.0 8.0 33.1 (18.7) 5 35.2
Price-to-Free-Cash-Flow 1.8 30.9 61.7 13.6 63.8 17.8 10.0 2.6 433.0 6.2 25.1 (14.4) 30 23.7
Lakonishok 1.2 31.2 39.9 (5.2) (3.5) 36.7 14.8 7.3 186.2 5.8 16.6 (13.7) 25 90.6
Weiss Blue Chip Div Yield 0.9 16.6 48.9 (14.1) 25.6 18.8 3.9 3.3 141.1 6.3 14.3 (14.8) 10 26.3
Dogs of the Dow—Low Priced 5 (0.1) 6.1 17.6 (6.5) 7.2 3.2 (2.0) 24.6 57.4 6.6 19.4 (15.8) 5 16.7
Dreman (1.0) 24.2 37.7 8.3 26.4 38.0 (3.0) (1.5) 205.5 4.8 12.6 (15.4) 22 30.3
Dividend Screen—Non-DRPs (1.7) 22.8 40.5 28.6 54.7 16.5 (3.6) 0.6 281.0 3.9 10.5 (13.6) 30 28.6
Graham—Defensive Investor (Non-Utility) (1.8) 11.7 32.7 3.1 61.5 12.0 3.6 9.6 208.2 5.9 15.7 (14.6) 18 20.2
O'Shaughnessy—Value (2.0) 20.2 47.2 (12.1) 10.6 22.3 (3.9) 7.2 112.5 5.7 15.5 (14.0) 50 19.9
Dogs of the Dow (3.2) (1.3) 20.4 (9.8) (1.2) 4.1 5.7 9.8 23.7 5.6 16.1 (15.5) 10 7.3
Dividend Screen—DRPs (4.1) 17.4 28.3 (1.2) 38.9 27.7 (1.1) (4.1) 140.1 4.8 15.6 (14.2) 30 25.5
Cash Rich Firms (5.5) 18.6 64.0 (9.4) 20.1 40.5 37.1 (3.8) 270.7 7.0 17.6 (20.7) 32 24.6
Dividend (High Relative Yield) (5.8) 19.1 27.9 0.4 24.1 23.3 (2.1) 6.3 129.4 4.5 12.5 (12.0) 37 21.5
Fundamental Rule of Thumb (6.8) 49.6 83.3 4.7 42.3 28.7 11.7 (9.4) 395.6 8.1 33.8 (19.2) 50 22.8
Neff (10.5) 29.5 85.1 15.0 65.2 37.3 17.4 9.3 618.1 7.4 26.8 (20.2) 18 36.4
Piotroski (10.9) 82.2 154.6 (15.9) 100.2 (0.9) 27.1 17.9 933.1 8.9 34.3 (17.2) 6 21.7
Growth & Value Strategies Price Change (%) Monthly Variability (%) Monthly Holdings
YTD* 2004 2003 2002 2001 2000 1999 1998 Total* Std Dev Gain Loss Avg # Turnover %
Stock Market Winners 14.0 9.6 131.5 32.1 41.6 27.6 21.7 (12.0) 639.4 7.1 22.0 (23.4) 17 60.5
Zweig 11.3 49.5 88.8 16.9 57.9 46.2 17.1 54.5 1432.2 8.6 32.7 (24.2) 13 43.8
Value on the Move—PEG With Est Growth 6.8 54.1 87.0 7.9 34.8 22.9 11.0 2.1 524.1 6.2 15.7 (23.1) 49 45.6
Buffett—Hagstrom 5.6 27.6 35.2 (8.7) 13.9 11.4 31.4 27.5 253.7 5.3 13.2 (15.5) 30 22.7
Value on the Move—PEG With Hist Growth 4.4 32.5 50.1 12.1 22.4 19.4 18.0 1.5 307.4 4.7 12.7 (19.1) 102 36.8
Muhlenkamp 3.7 31.0 41.2 5.9 43.5 22.2 12.8 (6.6) 275.1 5.5 15.1 (17.6) 22 25.6
Lynch 2.5 59.8 59.0 (7.2) 39.3 3.2 8.9 1.3 283.0 5.3 18.9 (17.4) 23 22.8
Fisher (Philip) 0.8 (3.9) 78.1 (10.7) 70.7 (16.7) 5.4 2.6 137.1 10.6 27.1 (27.9) 26 34.2
Price-to-Sales (0.2) 11.1 69.8 1.3 43.3 23.3 21.1 13.2 361.7 6.2 14.8 (17.8) 45 41.2
Templeton (0.7) 21.9 46.8 (32.6) 22.0 20.3 8.1 16.2 121.0 6.1 14.3 (18.2) 25 26.5
Buffettology—Sustainable Growth (0.9) 17.5 37.6 (11.9) 29.7 3.3 14.6 7.4 132.7 6.3 16.5 (18.0) 29 15.0
Buffettology—EPS Growth (1.6) 13.2 32.8 (10.9) 25.7 5.9 17.7 4.0 114.9 5.9 15.0 (20.4) 41 12.0
O'Shaughnessy—Growth (2.4) 45.1 90.3 10.1 19.2 11.5 19.5 19.4 462.8 6.9 18.6 (17.9) 50 38.6
Wanger (Revised) (4.4) 19.3 53.2 (13.1) 21.1 (2.8) 3.2 (2.4) 80.2 7.0 22.8 (19.8) 31 26.7
Oberweis Octagon (9.9) 42.3 67.8 (17.5) 20.2 18.4 33.4 15.6 289.8 9.0 23.3 (23.2) 18 41.9
T. Rowe Price (10.1) 50.4 39.2 (15.1) 8.4 35.2 (4.5) 1.8 128.0 6.8 18.3 (18.0) 13 34.0
Growth Strategies Price Change (%) Monthly Variability (%) Monthly Holdings
YTD* 2004 2003 2002 2001 2000 1999 1998 Total* Std Dev Gain Loss Avg # Turnover %
O'Neil's CAN SLIM 23.9 (3.8) 79.0 20.5 54.4 38.0 36.6 28.2 859.0 6.9 23.6 (23.1) 10 53.2
Foolish Small Cap 8 19.2 10.1 107.7 (19.4) (8.6) 24.2 80.9 17.7 430.8 9.9 38.8 (22.5) 25 34.6
Inve$tWare Quality Growth 2.8 18.0 33.3 (25.0) 8.0 18.5 (3.0) 14.5 72.4 5.8 18.2 (22.0) 29 11.5
Return on Equity 2.0 26.2 46.9 (3.8) 18.1 31.4 1.0 18.8 238.8 6.0 13.0 (22.2) 34 20.0
Foolish Small Cap 8 Revised 1.0 (3.9) 67.8 22.2 29.5 51.5 36.5 12.4 499.3 9.3 26.6 (24.2) 8 31.6
O'Neil's CAN SLIM Revised 3rd Edition (1.6) (2.6) 74.7 (10.3) 33.4 96.3 59.0 7.8 574.3 9.7 52.7 (26.7) 9 63.2
IBD Stable 70 (2.4) 29.0 48.4 (11.0) 9.5 23.9 3.6 21.9 184.7 5.2 12.0 (18.9) 56 10.5
Driehaus (5.3) (10.8) 87.8 (42.6) (27.4) (8.3) 107.4 nmf 25.7 12.1 51.3 (25.7) 15 64.2
Sector/Specialty Strategies Price Change (%) Monthly Variability (%) Monthly Holdings
YTD* 2004 2003 2002 2001 2000 1999 1998 Total* Std Dev Gain Loss Avg # Turnover %
Murphy Technology 10.5 107.9 (33.7) (79.6) 26.7 (52.1) 139.7 29.7 (41.5) 16.5 58.5 (44.9) 11 25.1
Graham—Defensive Investor (Utility) 8.1 16.2 16.6 (15.9) 5.2 51.4 (8.4) 14.6 105.8 4.6 12.0 (11.0) 17 15.5
Est Rev Up 5% 6.9 25.8 75.0 12.9 (8.1) 3.6 107.1 43.3 650.2 9.6 30.8 (21.7) 41 92.7
Est Rev Up 4.1 25.2 57.3 0.8 (3.5) 2.2 38.2 29.9 265.5 6.3 12.2 (18.6) 167 81.1
Short % Outstanding (1.7) (2.3) 88.5 (35.6) 8.3 (31.7) (26.9) nmf (36.8) 11.9 33.3 (26.2) 25 17.1
Dual Cash Flow (2.0) 24.7 66.9 (13.9) 24.6 5.7 114.3 0.9 400.1 7.5 34.7 (16.2) 58 31.3
Est Rev Down 5% (6.3) 8.0 70.9 (61.5) 28.3 (4.2) 27.8 (3.9) 0.6 9.6 23.6 (23.2) 69 89.4
ADRs (6.9) 14.5 82.3 (4.4) (5.3) 9.9 4.0 2.3 105.8 6.6 31.1 (17.7) 20 42.7
Est Rev Down (7.9) 13.4 51.8 (43.8) 26.7 (7.1) 21.9 (15.0) 8.7 7.8 17.6 (23.3) 193 79.0
Short Interest Change (16.1) 11.7 120.5 (34.9) 11.6 (51.8) 111.1 nmf 52.7 11.5 34.1 (27.4) 25 82.2
Insider Net Purchases (16.6) 33.5 86.8 (20.9) 21.8 (38.3) 7.5 nmf 32.9 8.9 26.7 (19.0) 26 29.6
Short Ratio (18.5) (1.7) 52.1 (30.7) 18.3 (40.9) 2.2 nmf (39.7) 9.9 37.8 (24.5) 25 49.7
Indexes Price Change (%) Monthly Variability (%)  
YTD* 2004 2003 2002 2001 2000 1999 1998 Total* Std Dev Gain Loss
All Exchange-Listed Stocks (4.6) 22.8 81.1 (13.3) 21.2 (14.2) 35.1 5.9 173.8 6.8 23.9 (20.2)  
Dow Jones 30 (2.0) 2.6 25.3 (16.8) (7.1) (6.2) 25.2 16.1 32.9 4.8 11.8 (15.1)
NASDAQ 100 (6.2) 10.4 49.1 (37.6) (32.7) (36.8) 102.0 85.5 53.6 10.7 25.0 (27.5)
S&P 500 (1.1) 9.0 26.4 (23.4) (13.0) (10.1) 19.5 26.7 23.5 4.7 9.7 (14.6)
S&P/Barra 500 Growth (incl dividends) (0.3) 6.1 25.7 -23.6 (12.7) (22.1) 28.2 42.2 25.7 5.3 9.2 (13.0)
S&P/Barra 500 Value (incl dividends) (0.5) 15.7 31.8 -20.9 (11.7) 6.1 12.7 14.7 44.1 4.9 10.4 (16.1)
S&P MidCap 400 2.4 15.2 34.0 (15.4) (1.6) 16.2 13.3 17.7 103.7 5.6 12.0 (18.7)
S&P MidCap Growth (incl dividends) 3.0 14.3 31.3 -19.2 (8.0) 9.2 28.7 34.9 115.2 6.7 19.6 (20.8)
S&P MidCap Value (incl dividends) 2.7 18.9 40.2 -10.1 7.1 27.8 2.3 4.7 122.6 5.2 15.3 (16.4)
S&P SmallCap 600 (0.3) 21.4 37.8 (15.3) 5.7 11.0 11.5 (2.1) 80.9 5.9 13.3 (19.4)
S&P SmallCap Growth (incl dividends) (0.2) 22.0 37.4 -15.4 (1.2) 0.6 19.6 2.3 71.3 6.5 20.9 (20.5)
S&P SmallCap Value (incl dividends) (0.1) 23.3 40.0 -14.5 13.1 20.9 3.0 (5.1) 93.0 5.6 14.1 (18.0)

Unless otherwise stated, figures do not include dividends or transaction costs.

* Through 6/10/2005.

Source: AAII's Stock Investor Pro/Reuters.