Portfolio Opportunity Distributions (PODs) comprise all of the realistic portfolios that can be constructed from the constituents of a specific index, actualizing comparative universes with three important benefits:

• POD universes are timely, available days after quarter end.
  
  
• They are accurate because PODs tie performance rankings back to the benchmark. The benchmark ranks median, so rankings measure the "statistical distance" of a return away from the index.
  
  
• Inferences of success or failure drawn from these bias free universes are reliable regardless of the length of time period because significance is determined in the cross-section rather than across time.

Currently there are 38 Indexes provided for the U.S.: 12 Value, 12 Growth, 4 Core (the "stuff" between Value and Growth), and 10 Total. For Foreign, there are 32 Indexes: 14 Style, 9 Sector, and 9 Country

Aye POD! (iPOD)

HedgePOD

PIPODs

Popular Index PODs (PIPODs): for free software and universes!

PODs for hedge funds and traditional long-only (HedgePODs). for free software.

Warning! Peer Groups Are Hazardous To Our Wealth!
Despite popular belief, peer groups do not reveal who has succeeded or failed.