Is your custom model killing it? Do you have a great model idea that you haven’t road tested yet? Put it to the test in the NDW Custom Model Competition.
Is your custom model killing it? Do you have a great model idea that you haven’t road tested yet? Put it to the test in the NDW Custom Model Competition.
NDW Custom Model Competition

July 1 – October 1, 2026
Winners receive three months of NDW Elite Access
All submissions must be received by 4:00 PM EDT on Tuesday, June 30, 2026
NDW Custom Model Competition Rules
Model Construction Rules
- Participating models must be housed on the NDW Model Builder tool.
- No static models.
- No leveraged funds.
- Models must have a total holdings score of at least 10.
- Individual stocks are worth one point towards the holdings score. Mutual funds/ETFs are worth five points towards the holdings score. E.g., An all-stock model would have to have at least 10 holdings; a mixed ETF and stock model could hold five stocks and one ETF; an all-ETF model could meet the minimum threshold by holding two ETFs. Single-stock ETFs are worth one point.
- Models cannot be altered after 4:00 PM EDT on 6/30/26.
Scoring
- The competition will run from 7/1/26 (closing value on 6/30/26) to 10/1/26 (closing value on 9/30/26).
- The competition will have two winners – the model with the highest overall return and the model with highest risk-adjusted return. Risk-adjusted return will be calculated by dividing the model’s return by its weekly standard deviation over the competition period.
Submissions & Deadlines
- Model symbols and team name must submitted to NDWSupport@nasdaq.com by 4:00PM EDT on 6/30/26. No entries will be accepted after this time.
- Submissions must be made from the email associated with your NDW account.
- A maximum of two models per subscriber account may be submitted.
- A leaderboard, including team names, will be published in the Daily Equity Report at least weekly.
Three months of NDW Elite access will be credited to the NDW account of the first-place finishers in the overall and risk-adjusted categories.