Survivorship bias in historical constituents

How much is overstated by using only stocks that still exist today?

Quant strategies and backtests QNT-037 Bar Sample

Sample data. Every number, symbol and holding on these pages is generated sample data dated 2026-10-16, used only to illustrate layout and method for educational and informational purposes. It is not market data, backtest output or a forecast, and the analytics described in the specifications are not running.

Download CSV Sample JSON Specification JSON Sample as of

0700.HK Tencent Holdings | Hang Seng Index | 2025-10-16 – 2026-10-16 | HKD

Highest item: Sample F
11.16 percentage points
Lowest item: Sample G
-13.65 percentage points
Average
-0.25 percentage points
Number of items
8 items

Survivorship bias in historical constituents

Return difference (percentage points) (Bar)

Benchmark / after-cost return (%)

Benchmark / after-cost return (%) (Line)

Event detail and data date

Return difference (percentage points) and Benchmark / after-cost return (%) (Table)

Sample data rows

Symbol/event/scenarioReturn difference (percentage points)Benchmark / after-cost return (%)Data date (sample)
Sample A -4.67 3.53 2026-10-16
Sample B 1.41 5.31 2026-10-16
Sample C 4.28 1.54 2026-10-16
Sample D 5.11 6.01 2026-10-16
Sample E 2.77 12.58 2026-10-16
Sample F 11.16 4.9 2026-10-16
Sample G -13.65 11.01 2026-10-16
Sample H -8.45 4.57 2026-10-16