SPY is a cap weighted ETF. It mirrors the S&P index exactly. It rebalances quarterly to achieve this . The turnover is only 3% per year. SPY is an excellent buy and hold instrument. SPY represents the 500 largest companies. Most funds that come from employee contributions go into either SPY or date targeted funds that hold the S&P .

TQQQ is a triple ETF that holds the triple of the NASDAQ index. This index holds the 100 largest non financial stocks. These are mostly tech and biotechnology stocks. There is daily rebalancing to maintain the tipple. Actual stocks are not held. It holds derivatives to produce the triple every day. Rebalancing occurs only if TQQQ is outside the tracking error. The derivatives hold swaps, futures and options. Currently the turnover is 25% per year. In the past the turnover has been as high as 170%. In a narrow breadth market the turnover is low . In a broad market rally the turnover is high as many stocks compete for leadership.

Both of the ETFs are basically cap weighted. Stars uses these two ETFs to find the best 100 stocks out of its 600 available choices to produce a portfolio. The weighting is mostly the best 100 stocks out of 6,000 stocks. Stars holds mostly the best 1.5% of all stocks.

This stock selection process plus rebalancing produces Stars unbelievable performance.