EquityBase tracks 49 curated market themes — baskets of stocks that each express one idea — and ranks them by return across six windows, from a single day to year to date. Everything is built from adjusted daily closes and refreshed once per trading day. No account is needed to read the board.
The board sorts by one-month return by default, and the one- and three-month columns are what the rest of the design is built around. A single week mostly records what was bought that week — an earnings reaction, a headline, a squeeze — and is short enough for one news cycle to produce the entire number. A month is long enough that a move has to be funded rather than announced; a quarter is long enough to show whether the money stayed. A strong one-month return against a flat three-month is a theme that has recently turned. Strong on both is an established trend, already partly priced. A weak one-month under a strong three-month is a leader losing its bid.
A theme's return is the plain average of its members' returns, not weighted by company size. Cap-weighting would turn AI Infrastructure into a chart of its largest member and little else. Equal weight answers a different question: is the theme moving, or just the biggest name in it?
Because the headline number is an average, one outlier can carry a basket that is otherwise flat. Each theme shows how many members moved with the basket and the median against the mean, so a move carried by a single stock is visible rather than hidden.
The market map encodes two things at once: box area is a theme's combined market cap, and colour is its equal-weight return. Size shows how much of the market a theme represents while colour stays an honest read on the theme itself.
AI infrastructure, semiconductors (broad), uranium and nuclear fuel, small nuclear reactors, fuel cells and on-site power, power producers, power grid and data-center buildout, radio and signal chips, electronics distribution, contract electronics makers, connectors and circuit parts, power chips and converters, quantum computing, weight-loss drugs, big biotech, defense and aerospace, space, cybersecurity, neoclouds and compute, companies holding crypto, crypto exchanges and brokers, fintech and payments, robotics and automation, electric vehicles, solar and clean energy, gold and gold miners, homebuilders, China tech (US-listed), brokers and exchanges, rare earths and critical minerals, chip-making equipment, AI networking and fiber optics, memory and AI data storage, subscription software (SaaS), unique data owners, AI consulting and IT services, online advertising, drones and anti-drone defense, self-driving and robotaxis, electric air taxis, silver and silver miners, copper, lab equipment and supplies, oil refiners, agriculture and farm machinery, big oil, computer processors (CPUs), hyperscalers, batteries and energy storage.
Returns are price only: no dividends, fees or slippage, and every window is measured from one daily close to another. This is a research tool, not investment advice.