Topley's Top 10

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Get Wealthy. Stay Wealthy Ep. 2

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1. 2026-Vanguard Value VTV +11.38% vs. Vanguard Growth VUG +3%

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2. 2026 Defensive XLP Staples +10.67% Converging with QQQ Tech+13%

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3. DVY Defensive Dividend Payers +11.4% Converging with QQQ +13%

Key Points as of June 10, 2026:

iShares Select Dividend ETF (DVY): Total return is +11.41% for the year.

Invesco QQQ Trust, Series 1 (QQQ): Total return is +13.06% for the year.

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4. RSP (equal weight S&P) Beating SPY (cap weight)…Cap Weighted Tech Losing 2026

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5. Healthcare Services Breakout

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6. Inflation—Rents Not Confirming Inflation Readings

Dorsey Wright According to Zillow’s Observed Rent Index (ZORI), YoY rental rate growth has been less than 2% for four consecutive months. Over the last twenty years, there have been only four other periods when YoY % in ZORI was less than 2% for four consecutive months: 2020, 2014-2015, and 2009-2012. The 2020 covid environment was due to the exogenous circumstances of the period rather than underlying weakness in the housing market like the other two periods. Nonetheless, this is the weakest housing market we’ve seen in terms of rental rate growth in over a decade and is not supportive of higher inflation once/if oil prices begin to come down.

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7.The Real Stats on Gold

Marketwatch- Over rolling five-year periods since 1968, the correlation coefficient between monthly changes in gold and the GPR has varied from a low of minus 0.28 to a high of plus 0.33. (The negative coefficient means that the two more often than not are moving in opposite directions, while the positive number means that they are tending to move in synch with each other.)

In other words, there is no stable relationship between geopolitical risk and gold’s price. This means that market timers can’t use geopolitical risk as a reliable guide to gold’s short-term movements. Gold’s counterintuitive performance since the Iran war began is therefore not an exception but entirely consistent with the historical record.

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8.BYD China—EVs Heading to 80% of China Market Share

BYD says EVs may soon take 80% of China’s new car market

China’s largest EV maker thinks the country’s shift to electric still has room to run, even though EVs have already roared in recent years to account for more than half of the country’s new car sales in 2025.

On Monday, BYD Executive VP Stella Li told CNBC that China’s market could “very quickly” push close to 80% EV penetration, helped by new technology in the space and a growing wave of electric options. That would be another significant leap for a nation that the International Energy Agency says has already grown at an “extremely rapid” pace in the last five years.

In 2020, China barely registered among the world’s EV leaders by sales share, with electric cars taking just 6% of new car sales that year, according to IEA data. Five years later, that share has surged to 53%, putting China behind only a handful of early adopters, where years of tax breaks and purchase incentives have helped push adoption higher.

In the driver’s seat

China hasn’t just been climbing the adoption ranks either — it’s also supercharged the global market, accounting for six out of every 10 EVs sold worldwide last year and more than half of the global increase in EV sales. That’s even more striking given that domestic growth slowed slightly at one point last year, after a trade-in subsidy (paying consumers to swap old cars for new EVs) was temporarily halted.

The nation’s been sending more of its electric vehicles abroad, too, with China’s EV exports in Q1 surging 78% from the same quarter last year, per official data cited by CNN. At the same time, BYD’s new-car registrations in Europe jumped 115% in April from a year earlier, outpacing Tesla’s 47% growth.

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9.Private Equity Software Companies Facing Clogged Exits

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10. Walking and Creative Thinking

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Disclosure

Indices that may be included herein are unmanaged indices and one cannot directly invest in an index. Index returns do not reflect the impact of any management fees, transaction costs or expenses. The index information included herein is for illustrative purposes only.

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