Investment idea model basket

Energy Transition

Nuclear, gas, and grid — not pure solar and wind.

What is the thesis for Energy Transition?

AI-driven load growth and policy realism are reshaping the transition. This book tilts toward firm, dispatchable power and the grid that moves it.

This is a curated QuantLink model basket. It is not a filed portfolio, not a fund, and not investment advice.

Published Mar 25, 2026. Updated Apr 10, 2026. Source: QuantLink curated model basket and FastAPI ideas endpoint.

Holdings
5
Benchmark
XLE
Status
New
1Y model return
+27.5%

Performance as of Jul 11, 2026.

Thesis narrative

The pragmatist case

The energy transition will not happen exclusively through solar and wind. AI-driven load growth — forecast to add 45 GW of US data-center demand by 2029 — changes what "clean" means in practice. Firm, dispatchable, low-carbon power is the scarce resource.

Book construction

  • Nuclear (CEG, CCJ): 45% of book. Uranium fuel cycle and existing fleet.
  • Regulated utility with renewables (NEE): 20%. Still the best operator in the space.
  • Gas midstream (WMB): 18%. Bridge fuel is not going away on the 2030 horizon.
  • Grid equipment (GEV): 17%. HVDC and transformer lead times are the binding constraint.

What we're not doing

No pure-play solar/wind developer. No hydrogen. No thermal coal. These have asymmetric regulatory risk or unsolved economics.

Model basket holdings

Model basket: curated equal or target weighting, not a filed portfolio. Weights are the target basket weights returned by the live ideas endpoint.

NameSymbolModel weight
Constellation EnergyCEG25.00%
CamecoCCJ20.00%
NextEra EnergyNEE20.00%
Williams CompaniesWMB18.00%
GE VernovaGEV17.00%

Backtested performance vs XLE

Performance is backtested from the returned tearsheet series. It reflects the model basket methodology and benchmark series, not live fund returns or a filed portfolio track record. Performance as of Jul 11, 2026.

Total Return

+27.5%

↑ XLE +23.0%

Ann. Return

+28.0%

↑ XLE +23.4%

Ann. Vol

26.4%

↑ XLE 21.0%

Sharpe

1.06

↓ XLE 1.12

Max Drawdown

-17.2%

↓ XLE -15.6%

Alpha vs XLE

+28.8%

↓ hit rate 49.6%

Performance as of Jul 11, 2026.

Rolling Performance vs Benchmark

Portfolio Holdings

Holding
Weight
Country
Exchange
Sector
Industry
Mkt Cap
Price
1Y
1Y Trend
CEG
CEGConstellation Energy
25.0%
—
—
—
—
—
—
—
CCJ
CCJCameco
20.0%
—
—
—
—
—
—
—
NEE
NEENextEra Energy
20.0%
—
—
—
—
—
—
—
WMB
WMBWilliams Companies
18.0%
—
—
—
—
—
—
—
GEV
GEVGE Vernova
17.0%
—
—
—
—
—
—
—

SSR performance series fallback

The table below is the server-rendered reference series behind the interactive chart. Values show the wealth index level from a 1.00 starting value, not a second 1Y return figure. Series as of Jul 11, 2026.

DateModel basket wealth indexXLE
Jul 14, 20251.0000x1.0000x
Jul 15, 20250.9941x0.9855x
Jul 16, 20250.9884x0.9771x
Jul 17, 20250.9954x0.9830x
Jul 18, 20251.0161x0.9750x
Jul 21, 20251.0013x0.9651x
Jul 22, 20251.0009x0.9696x
Jul 23, 20251.0224x0.9848x
Jul 24, 20251.0224x0.9918x
Jul 25, 20251.0286x0.9880x
Jul 28, 20251.0268x0.9993x
Jul 29, 20251.0292x1.0091x
Jul 30, 20251.0428x0.9946x
Jul 31, 20251.0410x0.9893x
Aug 1, 20251.0282x0.9710x
Aug 4, 20251.0475x0.9687x
Aug 5, 20251.0317x0.9701x
Aug 6, 20251.0343x0.9610x
Aug 7, 20251.0309x0.9574x
Aug 8, 20251.0323x0.9635x
Aug 11, 20251.0322x0.9558x
Aug 12, 20251.0388x0.9603x
Aug 13, 20251.0183x0.9714x
Aug 14, 20251.0128x0.9705x
Aug 15, 20251.0182x0.9705x
Aug 18, 20251.0206x0.9648x
Aug 19, 20251.0045x0.9651x
Aug 20, 20250.9946x0.9732x
Aug 21, 20250.9979x0.9798x
Aug 22, 20251.0044x0.9998x
Aug 25, 20251.0003x1.0025x
Aug 26, 20251.0155x1.0009x
Aug 27, 20251.0093x1.0120x
Aug 28, 20251.0210x1.0197x
Aug 29, 20251.0023x1.0254x
Sep 2, 20250.9875x1.0268x
Sep 3, 20250.9906x1.0039x
Sep 4, 20250.9927x1.0104x
Sep 5, 20250.9797x0.9909x
Sep 8, 20250.9820x0.9887x
Sep 9, 20250.9886x0.9934x
Sep 10, 20251.0266x1.0109x
Sep 11, 20251.0262x1.0111x
Sep 12, 20251.0229x1.0050x
Sep 15, 20251.0491x1.0016x
Sep 16, 20251.0189x1.0184x
Sep 17, 20251.0256x1.0209x
Sep 18, 20251.0333x1.0177x
Sep 19, 20251.0526x1.0041x
Sep 22, 20251.0755x0.9946x
Sep 23, 20251.0696x1.0116x
Sep 24, 20251.0700x1.0247x
Sep 25, 20251.0641x1.0340x
Sep 26, 20251.0728x1.0436x
Sep 29, 20251.0725x1.0243x
Sep 30, 20251.0666x1.0134x
Oct 1, 20251.0908x1.0134x
Oct 2, 20251.0976x1.0032x
Oct 3, 20251.1026x1.0086x
Oct 6, 20251.1142x1.0136x
Oct 7, 20251.1177x1.0152x
Oct 8, 20251.1339x1.0093x
Oct 9, 20251.1452x0.9955x
Oct 10, 20251.1223x0.9667x
Oct 13, 20251.1625x0.9798x
Oct 14, 20251.1705x0.9798x
Oct 15, 20251.1811x0.9791x
Oct 16, 20251.1591x0.9673x
Oct 17, 20251.1379x0.9753x
Oct 20, 20251.1246x0.9857x
Oct 21, 20251.1007x0.9834x
Oct 22, 20251.0895x0.9959x
Oct 23, 20251.1060x1.0093x
Oct 24, 20251.1232x0.9991x
Oct 27, 20251.1257x1.0014x
Oct 28, 20251.1629x0.9909x
Oct 29, 20251.1700x0.9984x
Oct 30, 20251.1526x0.9925x
Oct 31, 20251.1469x0.9998x
Nov 3, 20251.1483x0.9998x
Nov 4, 20251.1078x0.9891x
Nov 5, 20251.1132x0.9916x
Nov 6, 20251.0901x1.0014x
Nov 7, 20251.1196x1.0157x
Nov 10, 20251.1336x1.0250x
Nov 11, 20251.1236x1.0383x
Nov 12, 20251.1252x1.0238x
Nov 13, 20251.0811x1.0263x
Nov 14, 20251.0912x1.0438x
Nov 17, 20251.0878x1.0247x
Nov 18, 20251.0768x1.0329x
Nov 19, 20251.1102x1.0195x
Nov 20, 20251.0785x1.0079x
Nov 21, 20251.0653x1.0143x
Nov 24, 20251.0977x1.0116x
Nov 25, 20251.1052x1.0052x
Nov 26, 20251.1251x1.0127x
Nov 28, 20251.1361x1.0261x
Dec 1, 20251.1194x1.0358x
Dec 2, 20251.1288x1.0225x
Dec 3, 20251.1356x1.0417x
Dec 4, 20251.1647x1.0461x
Dec 5, 20251.1480x1.0417x
Dec 8, 20251.1325x1.0304x
Dec 9, 20251.1369x1.0368x
Dec 10, 20251.1716x1.0476x
Dec 11, 20251.1860x1.0426x
Dec 12, 20251.1425x1.0324x
Dec 15, 20251.1443x1.0252x
Dec 16, 20251.1409x0.9939x
Dec 17, 20251.0942x1.0159x
Dec 18, 20251.1259x1.0011x
Dec 19, 20251.1283x1.0011x
Dec 22, 20251.1393x1.0029x
Dec 23, 20251.1484x1.0095x
Dec 24, 20251.1529x1.0066x
Dec 26, 20251.1479x1.0027x
Dec 29, 20251.1467x1.0123x
Dec 30, 20251.1430x1.0200x
Dec 31, 20251.1375x1.0143x
Jan 2, 20261.1776x1.0356x
Jan 5, 20261.1750x1.0637x
Jan 6, 20261.1743x1.0354x
Jan 7, 20261.1537x1.0238x
Jan 8, 20261.1399x1.0560x
Jan 9, 20261.1580x1.0588x
Jan 12, 20261.1636x1.0513x
Jan 13, 20261.1683x1.0662x
Jan 14, 20261.1689x1.0903x
Jan 15, 20261.1813x1.0801x
Jan 16, 20261.1807x1.0819x
Jan 20, 20261.1681x1.0799x
Jan 21, 20261.1820x1.1059x
Jan 22, 20261.1775x1.1096x
Jan 23, 20261.1857x1.1159x
Jan 26, 20261.1786x1.1166x
Jan 27, 20261.2080x1.1268x
Jan 28, 20261.2342x1.1354x
Jan 30, 20261.2132x1.1581x
Feb 2, 20261.1971x1.1354x
Feb 3, 20261.2270x1.1722x
Feb 4, 20261.1719x1.1985x
Feb 5, 20261.1554x1.1844x
Feb 6, 20261.1916x1.2080x
Feb 9, 20261.2274x1.2169x
Feb 10, 20261.2251x1.2155x
Feb 11, 20261.2513x1.2473x
Feb 12, 20261.2443x1.2246x
Feb 13, 20261.2557x1.2330x
Feb 17, 20261.2722x1.2194x
Feb 18, 20261.2669x1.2427x
Feb 19, 20261.2756x1.2518x
Feb 20, 20261.2870x1.2450x
Feb 23, 20261.2860x1.2511x
Feb 24, 20261.3304x1.2500x
Feb 25, 20261.3404x1.2448x
Feb 26, 20261.3285x1.2489x
Feb 27, 20261.3398x1.2686x
Mar 2, 20261.3575x1.2940x
Mar 3, 20261.3262x1.2822x
Mar 4, 20261.3291x1.2747x
Mar 5, 20261.3110x1.2813x
Mar 6, 20261.2785x1.2833x
Mar 9, 20261.3083x1.2777x
Mar 10, 20261.3144x1.2613x
Mar 11, 20261.2916x1.2926x
Mar 12, 20261.2857x1.3047x
Mar 13, 20261.2647x1.3090x
Mar 16, 20261.2821x1.3135x
Mar 17, 20261.2901x1.3274x
Mar 18, 20261.2918x1.3255x
Mar 19, 20261.2974x1.3466x
Mar 20, 20261.2297x1.3455x
Mar 23, 20261.2613x1.3528x
Mar 24, 20261.2858x1.3802x
Mar 25, 20261.2975x1.3741x
Mar 26, 20261.2672x1.3956x
Mar 27, 20261.2664x1.4192x
Mar 30, 20261.2501x1.4056x
Mar 31, 20261.2615x1.3897x
Apr 1, 20261.2699x1.3378x
Apr 2, 20261.2679x1.3441x
Apr 6, 20261.2664x1.3539x
Apr 7, 20261.2732x1.3648x
Apr 8, 20261.3041x1.3169x
Apr 9, 20261.3065x1.3006x
Apr 10, 20261.3189x1.2917x
Apr 13, 20261.3175x1.2956x
Apr 14, 20261.3176x1.2693x
Apr 15, 20261.3196x1.2650x
Apr 16, 20261.3274x1.2836x
Apr 17, 20261.3321x1.2482x
Apr 20, 20261.3253x1.2493x
Apr 21, 20261.2935x1.2675x
Apr 22, 20261.3571x1.2827x
Apr 23, 20261.3833x1.2926x
Apr 24, 20261.4031x1.2902x
Apr 27, 20261.3978x1.2879x
Apr 28, 20261.3752x1.3092x
Apr 29, 20261.3493x1.3392x
Apr 30, 20261.4131x1.3532x
May 1, 20261.3918x1.3351x
May 4, 20261.3993x1.3473x
May 5, 20261.3989x1.3487x
May 6, 20261.4190x1.2931x
May 7, 20261.3700x1.2693x
May 8, 20261.3519x1.2636x
May 11, 20261.3752x1.2970x
May 12, 20261.3617x1.3060x
May 13, 20261.3384x1.3074x
May 14, 20261.3468x1.3174x
May 15, 20261.3098x1.3485x
May 18, 20261.2776x1.3743x
May 19, 20261.2799x1.3904x
May 20, 20261.2997x1.3566x
May 21, 20261.3155x1.3414x
May 22, 20261.3220x1.3496x
May 26, 20261.3368x1.3124x
May 27, 20261.3063x1.2929x
May 28, 20261.2985x1.2920x
May 29, 20261.2926x1.2770x
Jun 1, 20261.2492x1.2999x
Jun 2, 20261.2893x1.3149x
Jun 3, 20261.2657x1.3319x
Jun 4, 20261.2680x1.3328x
Jun 5, 20261.2251x1.3083x
Jun 8, 20261.2186x1.3233x
Jun 9, 20261.2118x1.3020x
Jun 10, 20261.1743x1.3215x
Jun 11, 20261.1959x1.2958x
Jun 12, 20261.2215x1.3056x
Jun 15, 20261.2535x1.2602x
Jun 16, 20261.2633x1.2559x
Jun 17, 20261.2695x1.2402x
Jun 18, 20261.3012x1.2198x
Jun 22, 20261.3118x1.2264x
Jun 23, 20261.2954x1.2355x
Jun 24, 20261.2959x1.2153x
Jun 25, 20261.3005x1.2271x
Jun 26, 20261.2926x1.2214x
Jun 29, 20261.2882x1.2155x
Jun 30, 20261.2801x1.2049x
Jul 1, 20261.2371x1.1980x
Jul 2, 20261.2414x1.2074x
Jul 6, 20261.2563x1.2053x
Jul 7, 20261.2372x1.2396x
Jul 8, 20261.2401x1.2613x
Jul 9, 20261.2510x1.2436x

Themes and category

Investment ideaEnergy TransitionAI Infrastructure

Methodology and caveats

QuantLink fetches this idea from the live FastAPI ideas endpoints and renders the returned title, thesis, holdings, themes, benchmark, and tearsheet fields directly. Missing fields are left unavailable rather than fabricated.

Holdings are a curated model basket. They are not 13F filings, not insider filings, not adviser holdings, and not a claim that any person or fund owns the basket.

Backtested performance depends on the returned basket weights, benchmark, rebalancing assumptions, available price history, and calculation choices in the tearsheet endpoint. Backtests can differ materially from live results and do not include every cost, tax, capacity, liquidity, or execution constraint an investor may face.

Equal-weight and target-weight baskets can drift between rebalance points. Rebalancing can increase turnover, and concentrated thematic baskets can have higher drawdowns than a broad market benchmark.

Frequently asked questions

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QuantLink is a research tool, not investment advice. This page shows a curated model basket and backtested performance, not a filed portfolio, fund return, or recommendation to buy or sell securities.