Strategy Diagnostic

A flood of ETFs has changed how markets move. We help you build for it.

CAP8 is the platform institutions use to build and own ETF-based strategies, built on eight years of peer-reviewed research.

Start by seeing how your current strategy holds up across market regimes.

Start with a Strategy Diagnostic Explore the platform

Research begun at MIT in 2018. Published in the Journal of Portfolio Management.

Markets now price the big picture faster.

Market risk is now a bigger part of every portfolio. ETFs make it possible to manage it directly.

The market today

01 THE FLOOD

There are now more ETFs than stocks in the US, and the number keeps growing. ETFs have become a structural part of how the market trades.1

02 HOW MARKETS MOVE NOW

Big picture information now reaches stocks through ETFs, so holdings that look different increasingly move together.

With CAP8

03 WE MAKE SENSE OF IT

CAP8 shows how thousands of ETFs carry market risk, and how that risk shifts across regimes.

04 YOU BUILD ON TOP

Use that understanding to build strategies of your own, or to improve the ones you already run.

1 Bloomberg, "US ETFs Eclipse Total Number of Stocks in Paradox of Choice for Investors", 25 August 2025.

The platform

One platform, from diagnosis to a strategy you run.

The same engine that analyzes your strategy today can improve it, and later help you build new ones.

  1. Diagnose

    How your current strategy behaves in each regime.

    In the Studio

  2. Improve

    Same strategy, better outcome. ETF substitutions, an overlay, or new versions with a different risk profile.

    In the Studio

  3. Build

    Design, test and run your own actively managed, ETF-based, regime-aware strategies on the CAP8 platform.

    In the Quant Engine

Watch the full walkthrough (90 seconds)

You own every strategy and run it in your own accounts. The platform never processes a trade.

Where it starts

The Strategy Diagnostic.

Send us your holdings and weights. We run them through the CAP8 engine across twenty years of market history and walk you through where the strategy is strong, where it is fragile, and what you could change.

Sample First page of a sample Strategy Diagnostic report.
Sample Strategy Diagnostic report, page 1. Illustrative, not a client report.
  • Fixed fee, scoped before work begins
  • NDA available
  • Written report the client can take to a committee
  • About three weeks from receipt of holdings
Start with a Strategy Diagnostic

How we can help today

Built for firms that own their investment process.

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STRESS TEST ANY STRATEGY

See how your portfolio, or any model you are offered, behaves across market regimes. Compare models side by side and see where each would be hit hardest.

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ADD AN OVERLAY

Lower volatility or target a different beta profile. Manage regime shifts without changing your core portfolio.

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BUILD YOUR OWN

Bring your own ideas and preferred ETFs, and build strategies for the clients you serve.

Foundations

The research behind the platform.

Get started

See how your strategy behaves before the next regime shift shows you.

Start with a Strategy Diagnostic of what you run today.

A fixed-fee engagement, scoped with you before we start. NDA available.