🎉 Earthian's Research Fund returned +47.8% since its February 27 inception — outperforming the S&P 500, ARK Innovation, and hedge funds like Pershing Square by a wide margin.

Earthian is the first to benchmark fully automated reasoning models in live, hedge-fund-style trading, and the early results show our proprietary AI can go head-to-head with established names in the industry.

These returns are as of market close, July 16, 2026.

Why we launched Project Alpha-Index

Our AI risk models are reshaping risk intelligence across insurance, asset management, and banking — but we wanted to test something different.

In 2026, the Earthian team launched Project Alpha-Index: an AI-native experiment to challenge how markets are understood, predicted, and navigated.

Today, we're sharing the results.

The results

+47.8% since inception (Feb 27, 2026).

Over the same period, the S&P 500 returned +9.95%, ARK Innovation +5.2%, and Pershing Square −9.4% — in one of the most unpredictable market environments in recent memory.

This is the outperformance AI-native thinking delivers: machine-scale inference paired with trading capability.

What this means

Project Alpha-Index deploys Earthian's inference-native risk intelligence in a proprietary research account that trades real capital in equities (excluding options). The system reasons continuously across multi-dimensional risk signals—technology disruption, geopolitical trajectory, climate and physical exposure, and regulatory change—to select and weight positions across GICS sectors.

The early track record suggests that the same categorized foundation models powering institutional risk workflows can also drive systematic alpha discovery when paired with automated execution—without relying on opaque leverage or concentrated single-name bets alone.

What's next

We're just getting started, and we'll share updates as Project Alpha-Index evolves. Stay tuned.

Disclaimer

Project Alpha-Index is a proprietary research account investing in equities (excluding options) using AI-native risk intelligence. It trades real capital and returns are net of trading costs, but it is not a financial instrument, is not open to external investment, and nothing here is investment advice or an offer of any kind. Fund inception date is February 27, 2026; returns shown are for February 27 – July 16, 2026 (market close). The S&P 500 figure is the index return, not a fund's. Past performance does not guarantee future results.