When the Market Gained Only 60–70%, One Strategy Delivered +421% — Here’s Why

Many investors know this feeling very well:
the market is said to be rising, opportunities seem to be everywhere…
yet their own portfolio grows slowly, sometimes even moves sideways for months.

It’s not because you chose the wrong market.
It’s because you are following the market — while big money follows the index.

And the chart below shows this difference so clearly that it’s impossible to ignore.

(Updated: Jan 5, 2026)

Over the same investment period:

• 🟡 Review Strategy (Index Review) – measured in USD: +421%
• 🔵 VN-Index: +60.68%
• 🟢 S&P 500: +69.31%

In other words:

• Index Review Strategy delivered nearly 7× the return of Vietnam’s market
• And over 6× the return of the U.S. market

This is not a small difference.
This is the difference between growing capital and multiplying capital.

Most investors ask:

“Which stock should I buy?”

But institutional capital asks a very different question:

“Which index is being rebalanced, and where will capital be forced to flow next?”

Because in financial markets, prices don’t rise because of good news — they rise because large money buys.

And today, the largest, most consistent, and most disciplined buyers are:
👉 ETFs and index-tracking funds.

ETFs are not like retail investors.
They cannot hesitate, and they cannot act emotionally.

During every Index Review (rebalancing and reconstitution period):

• Stocks added to the index → ETFs are forced to buy
• Stocks removed from the index → ETFs are forced to sell

Regardless of whether prices are high or low.
Regardless of market sentiment.

This is why professionals call it:
👉 Forced Flow — capital that must move.

And when hundreds of millions, even billions of dollars, must buy the same group of stocks in a short period…
prices have very few options — they usually move upward.

Review Strategy (Index Review Strategy) does not try to:

• predict the market,
• trade daily price swings,
• or chase short-term news.

It focuses on one simple principle:

Be positioned where capital is about to be forced to flow.

The strategy is built on:

• index inclusion criteria,
• fixed rebalancing schedules,
• quantitative data and probability models.

As a result, the strategy:

• does not need to trade every day,
• avoids emotional decision-making,
• and only acts when probability is strongly in its favor.

That is why on the chart, you see step-like growth, not wave-like market movements.

🔵 VN-Index: Heavily Driven by Sentiment

Vietnam’s market is strongly influenced by:

• retail investor psychology,
• short-term news,
• liquidity cycles.

So even when it rises, it often:

• moves slowly,
• experiences strong volatility,
• struggles to deliver explosive growth in short periods.

🟢 S&P 500: Stable Growth, But Mostly Market “Beta”

The S&P 500 reflects:

• long-term U.S. economic growth,
• corporate earnings expansion.

Excellent for long-term investing.
But for fast capital multiplication, simply holding the broad market is usually not enough.

Review Strategy, on the other hand, seeks alpha — excess return, by exploiting institutional capital structure and index events.

Showing performance in USD means:

• returns are not inflated by local currency movements,
• results are directly comparable with global strategies,
• performance is understandable for both local and international investors.

In other words:

This is not just a local success story —
it is a strategy that meets global performance benchmarks.

Globally, we are seeing:

• ETFs controlling a growing share of total market capital,
• passive funds surpassing active funds in size,
• rapid expansion of Direct Indexing and Smart Index solutions.

Which means:

Index-driven capital flows will become even stronger —
and strategies aligned with Index Review cycles will gain even more structural advantage.

Those who understand this early will move ahead of the cycle, instead of chasing prices later.

Not:

“When the market goes up, everyone makes money.”

But rather:

“Where are you standing when big money flows through the market?”

Same market.
Same time period.
Different strategy — and results can differ by many multiples.

• doesn’t require watching the screen every day,
• doesn’t depend on rumors or headlines,
• minimizes emotional trading,
• is data-driven and rule-based,
• and is supported by real performance,

then Index Review Strategy is an approach worth exploring — and adopting early.

🔎 Learn More About Index Review Strategy & ETF Capital Flows

👉 https://ccpi.vn/decoding-index-reviews-a-strategy-to-get-ahead-of-trillions-of-dollars-in-etf-capital-flows/

🌐 Index Strategy Analytics Platform

👉 https://dashboardlite.ccpi.vn/login

📞 Hotline: +84 941 753 139
📧 Email: contact@beqholdings.com