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← 21 Aug 2026 · Short-term Top 10 — Materials

Short-term Top 10 — Materials — what changed on 24 Aug 2026

A dated record of one session: what entered or left, what moved inside the ten and by how much, who is closest to the boundary, and how the list did against its benchmark. Each bar is a percentile: how this company ranked against every company the score ranked, 0–100.

The short-term score is a published weighted sum of percentile ranks, rebalanced every Monday. A list is a published formula and its output, not a recommendation. Method version 3.

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Who entered, who left, and the reason — with the score moves behind it.

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Membership changes on 24 Aug 2026

Entered

  • Ashland Global (ASH) (rank 0 → 3)
    Entered 24 Aug 2026: score 62.8, rank 3 (not compared with 18 Aug 2026 — those rows were scored under method version 1, this pass under 3, and the formula changed between them, so a score is only comparable within one version).
  • GREIF INC CLASS A (GEF) (rank 0 → 5)
    Entered 24 Aug 2026: score 61.4, rank 5 (not compared with 18 Aug 2026 — those rows were scored under method version 1, this pass under 3, and the formula changed between them, so a score is only comparable within one version).
  • International Flavors & Fragrances (IFF) (rank 0 → 2)
    Entered 24 Aug 2026: score 64.4, rank 2 (not compared with 18 Aug 2026 — those rows were scored under method version 1, this pass under 3, and the formula changed between them, so a score is only comparable within one version).
  • Packaging Corporation of America (PKG) (rank 0 → 8)
    Entered 24 Aug 2026: score 61.2, rank 8 (not compared with 18 Aug 2026 — those rows were scored under method version 1, this pass under 3, and the formula changed between them, so a score is only comparable within one version).
  • Southern Copper (SCCO) (rank 0 → 4)
    Entered 24 Aug 2026: score 62.5, rank 4 (not compared with 18 Aug 2026 — those rows were scored under method version 1, this pass under 3, and the formula changed between them, so a score is only comparable within one version).
  • Smurfit Westrock (SW) (rank 0 → 7)
    Entered 24 Aug 2026: score 61.3, rank 7 (not compared with 18 Aug 2026 — those rows were scored under method version 1, this pass under 3, and the formula changed between them, so a score is only comparable within one version).

Left

  • COMMERCIAL METALS (CMC) (rank 0 → 50)
    Left 24 Aug 2026: score 44.0, rank 50 (not compared with 18 Aug 2026 — those rows were scored under method version 1, this pass under 3, and the formula changed between them, so a score is only comparable within one version) (a member leaves above rank 15).
  • Freeport-McMoRan (FCX) (rank 0 → 33)
    Left 24 Aug 2026: score 50.7, rank 33 (not compared with 18 Aug 2026 — those rows were scored under method version 1, this pass under 3, and the formula changed between them, so a score is only comparable within one version) (a member leaves above rank 15).
  • James Hardie Industries (JHX) (rank 0 → 16)
    Left 24 Aug 2026: score 58.5, rank 16 (not compared with 18 Aug 2026 — those rows were scored under method version 1, this pass under 3, and the formula changed between them, so a score is only comparable within one version) (a member leaves above rank 15).
  • Newmont (NEM) (rank 0 → 42)
    Left 24 Aug 2026: score 45.5, rank 42 (not compared with 18 Aug 2026 — those rows were scored under method version 1, this pass under 3, and the formula changed between them, so a score is only comparable within one version) (a member leaves above rank 15).
  • Nucor (NUE) (rank 0 → 37)
    Left 24 Aug 2026: score 48.0, rank 37 (not compared with 18 Aug 2026 — those rows were scored under method version 1, this pass under 3, and the formula changed between them, so a score is only comparable within one version) (a member leaves above rank 15).
  • Steel Dynamics (STLD) (rank 0 → 39)
    Left 24 Aug 2026: score 46.3, rank 39 (not compared with 18 Aug 2026 — those rows were scored under method version 1, this pass under 3, and the formula changed between them, so a score is only comparable within one version) (a member leaves above rank 15).

Inside the ten

Not compared with the previous session, 21 Aug 2026: those rows were scored under method version 2 and this session under version 3, and the formula changed between them, so a score is only comparable within one version.

CompanyRankScorePillar that moved most
Sonoco (SON)164.7 0.0no pillar moved materially
International Flavors & Fragrances (IFF)264.4 0.0no pillar moved materially
Ashland Global (ASH)362.8 0.0no pillar moved materially
Southern Copper (SCCO)462.5 0.0no pillar moved materially
GREIF INC CLASS A (GEF)561.4 0.0no pillar moved materially
AVIENT CORP (AVNT)661.4 0.0no pillar moved materially
Smurfit Westrock (SW)761.3 0.0no pillar moved materially
Packaging Corporation of America (PKG)861.2 0.0no pillar moved materially
QUAKER HOUGHTON CORP (KWR)1260.2 0.0no pillar moved materially
AptarGroup (ATR)1359.9 0.0no pillar moved materially

At the edge

Knocking

  • Amcor (AMCR) scores 0.9 above the lowest member — the sector cap, not the score, is what is keeping it out
  • Hecla Mining Co (HL) scores 0.8 above the lowest member — the sector cap, not the score, is what is keeping it out

Closest to the exit

Ranked against 83 eligible Materials companies on this session. A company at the edge is a company near a boundary, not a prediction that it will cross one.

Against the benchmark

SPY is the S&P 500 ETF — the US large-cap market average.

−0.5% since the previous session (2026-08-21), against −0.3% for SPY — 0.2 points behind the benchmark. Tracked since 2026-08-18.

+1.3% since 2026-08-18, against −0.5% for SPY — 1.8 points ahead of the benchmark. Tracked since 2026-08-18.

Both curves are total return through 24 Aug 2026: a distribution buys more of the company that paid it, on the benchmark as much as on the list.

Since start
+1.3%
SPY −0.5% · +1.8 points

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