Top 10 / Top 10 — Materials
Top 10 — Materials
The 10 highest scores among covered Materials companies, rebalanced on the first trading day of each month.
Tracked against the market equal weight · dividends included
SPY is the S&P 500 ETF — the US large-cap market average.
Top 10SPY (dashed)rebalance
−6.3% since 18 Aug 2026, against +1.1% for SPY: 7.4 percentage points behind the market.
Both lines include dividends: each payout is reinvested in the company that paid it, and SPY's payouts are reinvested the same way.
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The 10 members
| # | Company | Why it is here | Score | Pillars | Sector rank | Price | Since entry | In the list since |
|---|---|---|---|---|---|---|---|---|
| 1 | Newmont (NEM) | Growth 85th (3-year revenue CAGR 23.9%, revenue growth year over year 25.2%).Growth 85th (3-year revenue CAGR 23.9%, revenue growth year over year 25.2%) and financial health 84th (free cash flow margin 32.2%, debt to equity 0.2); weakest is trend (58th, a "golden cross" — its 50-day average is above its 200-day).
Pillar percentiles |
PGHVCT | 1 | 115.55 8 Oct 2026 | −0.4% | 18 Aug 2026 | |
| 2 | AngloGold Ashanti (AU) | Growth 88th (3-year revenue CAGR 30%, revenue growth year over year 29.4%).Growth 88th (3-year revenue CAGR 30%, revenue growth year over year 29.4%) and profitability 88th (return on equity 32%); weakest is trend (40th, it is 29.7% below its highest point of the past year). Scored on 5 of 6 pillars — it pays a dividend, but its filings carry no per-share series to count increases from; no annual share count in its filings.
Pillar percentiles |
PGHVCT | 2 | 90.78 8 Oct 2026 | −16.0% | 1 Sep 2026 | |
| 3 | Southern Copper (SCCO) | Profitability 95th (operating margin 52.2%, return on equity 39.2%).Profitability 95th (operating margin 52.2%, return on equity 39.2%) and trend 77th (a "golden cross" — its 50-day average is above its 200-day); weakest is valuation (23rd, price to book 13.1, price to earnings 29.2).
Pillar percentiles |
PGHVCT | 3 | 198.66 8 Oct 2026 | +5.8% | 18 Aug 2026 | |
| 4 | CF Industries (CF) | Capital return 87th (net share count bought back over the year 10.2, consecutive years of dividend increases 9 years).Capital return 87th (net share count bought back over the year 10.2, consecutive years of dividend increases 9 years) and profitability 85th (operating margin 32.5%, return on equity 23.1%); weakest is growth (40th, 3-year revenue CAGR -14.1%, revenue growth year over year 20%).
Pillar percentiles |
PGHVCT | 4 | 113.58 8 Oct 2026 | −5.1% | 18 Aug 2026 | |
| 5 | Royal Gold (RGLD) | Financial health 84th (debt to equity 0.1).Financial health 84th (debt to equity 0.1) and growth 83rd (3-year revenue CAGR 19.5%); weakest is trend (41st, a trend forming but not yet strong (ADX below 25)).
Pillar percentiles |
PGHVCT | 7 | 231.18 8 Oct 2026 | +0.3% | 18 Aug 2026 | |
| 6 | UNITED STATES LIME AND MINERALS IN (USLM) | Financial health 90th (debt to equity 0, free cash flow margin 27.4%).Financial health 90th (debt to equity 0, free cash flow margin 27.4%) and profitability 86th (operating margin 42.4%, return on equity 21.3%); weakest is trend (35th, a "death cross" — its 50-day average is below its 200-day).
Pillar percentiles |
PGHVCT | 8 | 109.05 8 Oct 2026 | −7.5% | 18 Aug 2026 | |
| 7 | WARRIOR MET COAL INC (HCC) | Growth 91st (revenue growth year over year 37.5%).Growth 91st (revenue growth year over year 37.5%) and financial health 81st (debt to equity 0.1); weakest is profitability (22nd, return on equity 2.7%).
Pillar percentiles |
PGHVCT | 9 | 89.80 8 Oct 2026 | −8.1% | 18 Aug 2026 | |
| 8 | Sonoco (SON) | Valuation 90th (price to earnings 7.7, price to book 1.3).Valuation 90th (price to earnings 7.7, price to book 1.3) and profitability 71st (return on equity 27.6%, operating margin 13.5%); weakest is financial health (27th, debt to equity 1.2, free cash flow margin 4.6%).
Pillar percentiles |
PGHVCT | 10 | 48.40 8 Oct 2026 | −15.4% | 18 Aug 2026 | |
| 9 | Ball Corporation (BALL)NEW | Capital return 89th (net share count bought back over the year 10.5, consecutive years of dividend increases 11 years).Capital return 89th (net share count bought back over the year 10.5, consecutive years of dividend increases 11 years) and profitability 68th (return on equity 16.9%); weakest is financial health (26th, debt to equity 1.3).
Pillar percentiles |
PGHVCT | 11 | 58.37 8 Oct 2026 | +3.3% | 1 Oct 2026 | |
| 10 | Hecla Mining Co (HL) | Growth 89th (revenue growth year over year 51.2%, 3-year revenue CAGR 19.1%).Growth 89th (revenue growth year over year 51.2%, 3-year revenue CAGR 19.1%) and financial health 87th (debt to equity 0); weakest is trend (28th, it is 51.0% below its highest point of the past year).
Pillar percentiles |
PGHVCT | 14 | 16.73 8 Oct 2026 | −6.8% | 18 Aug 2026 |
Changes at the 1 Oct 2026 rebalance
Entered
Ball Corporation (BALL) — Entered 1 Oct 2026: score 58.9, rank 11 (not compared with 1 Sep 2026 — those rows were scored under method version 3, this pass under 4, and the formula changed between them, so a score is only comparable within one version).
Skipped by the 4-per-sector cap
Coeur Mining, Inc. (CDE) — Not selected 1 Oct 2026 despite rank 5: it moves too closely with companies this list already holds (HL, NEM, RGLD, AU, SCCO, HCC, USLM), 0.53 against a cap of 0.35.
SSR MINING INC (SSRM) — Not selected 1 Oct 2026 despite rank 6: it moves too closely with companies this list already holds (AU, NEM, RGLD, HL, SCCO, HCC), 0.52 against a cap of 0.35.
1 of 10 changed at this rebalance. Average 4.0 of 10 per rebalance.
How the score is built
The Top 10 score is a published weighted sum of percentile ranks, rebalanced on the first trading day of each month. A list is a published formula and its output, not a recommendation. Method version 4. Full method → What is the top 10 score? →
Questions
How is the score built?
The Top 10 score is a published weighted sum of percentile ranks, rebalanced on the first trading day of each month. A list is a published formula and its output, not a recommendation. Method version 4. Each bar is a percentile: how this company ranked against every company the score ranked, 0–100.
How often does this list change?
Members are rebalanced on the first trading day of each month. Scores are recomputed nightly, but membership only changes at a scheduled rebalance, or immediately if a company stops being eligible. A member is held while it stays inside the top 15, so a small move in rank does not force a change.
What score does a company need to be in this list?
The cutoff today is 59.5 across 73 ranked Materials companies. #11 (BALL) is 0.3 below it. A member leaves only if it falls past #15 — 56.7 today.
Informational only — NOT financial advice.