Why are your results slightly different than what's shown on Collective2?
We placed our first trade on Collective2 for our Roll-Yield + VRP strategy on 6.30.16. Therefore, full monthly performance does not start until July 2016.
Other reasons why results may be slightly different than what’s shown on collective2 include:
1) Collective2 assumes the monthly subscription fee is subtracted from the model account each month, slightly reducing the monthly returns.
2) Collective2 assumes typical commission costs, whereas our results assume zero commission costs (to account for the fact that commission costs impact different size accounts by different amounts).
3) Our results assume desired allocations are always fully realized (no undesired cash positions), whereas allocations on Collective2 will almost never be 100% realized (because you cannot trade fractional shares).
4) Collective2 does not provide the ability to use Market-on-Close orders. Therefore, all closing trades that intend to use Market-on-Close orders are placed 5 minutes before the market closes, whereas the returns on our website are the result of using Market-on-Close orders.