Productive-capacity screen · productive sovereignty · paper illustration

American System Investments versus SPYM

Paper sleeve assumed placed at the 2026-07-29 close. If you put equal dollars into every current Sleeve Y name that day versus a matching $10,000 in SPYM, this is the illustration. 19 names × $526.32. The list can grow. The start date does not move. Education and entertainment only.

Start

2026-07-29

Paper sleeve

$10,000

19 names × $526.32

SPYM

$10,000

same window

Returns

Sleeve now $11,168 · +11.7%

SPYM now $10,493 · +4.9%

vs SPYM +6.8 pp

Price only · 2026-07-29 close → 2026-08-26 close · not advice.

Archive. 16-name print, same window: sleeve $11,100 +11.0% vs SPYM $10,493 +4.9% (+6.1 pp). First print 8 × $1,250: sleeve $10,568 +5.7% vs SPYM +4.9% (+0.8 pp).

Education and entertainment only. Not advice, not an offer, not a recommendation. This is a paper $10,000 equal-weight sleeve versus SPYM. Sleeve Y names are an equal slice of the $10,000 from the original start (now 19 × $526.32). Sleeve N and Red names stay on the list as U.S. productive capacity at $0. The list can grow. The start date does not move. This is not a buy or sell. Past figures do not predict future results. Digital Knowledge does not manage money and does not execute trades.

34 of 34 names

Status

Sleeve

Capacity class

Issues

TickerNameStatusSleevePaper $Capacity classIssuesWatchAs of
HIIHuntington IngallsGreenY$526.32Naval yard4512026-09-11
GDGeneral DynamicsGreenY$526.32Naval yard451GDIT visa/IT slice is the conversion watch — not a filter value.2026-09-11
LEUCentrusGreenY$526.32Enrichment232026-09-11
BWXTBWX TechnologiesGreenY$526.32Naval nuclear2452026-09-11
CEGConstellationGreenY$526.32Nuclear fleet2152026-09-11
NUENucorGreenY$526.32Mini-mill steel1542026-09-11
STLDSteel DynamicsGreen+WatchY$526.32EAF steel + scrap145Floor Watch: scrap/contractor channel has no employer file.2026-09-11
SPCXSpaceXGreenY$526.32Launch / space1452026-09-11
MPMP MaterialsGreenY$526.32Critical minerals12452026-09-11
GEVGE VernovaGreenY$526.32Industrial power1352026-09-11
FCXFreeport-McMoRanGreenY$526.32Copper mine1452026-09-11
CLFCleveland-CliffsGreenY$526.32Integrated steel1452026-09-11
CMCCommercial MetalsGreenY$526.32Mini-mill steel1542026-09-11
UUUUEnergy FuelsGreenY$526.32Critical minerals1252026-09-11
CWCurtiss-WrightGreenY$526.32Naval nuclear2452026-09-11
VSTVistraGreenY$526.32Nuclear fleet2152026-09-11
CRSCarpenter TechnologyGreenY$526.32Specialty alloys1452026-09-18
LNGCheniere EnergyGreenY$526.32LNG liquefaction142026-09-18
UECUranium EnergyGreenY$526.32Critical minerals2152026-09-18
DEDeereGreen+WatchN$0Heavy equipment15US plants exist; conversion watch is LCA volume + Mexico production moves.2026-09-11
LMTLockheed MartinGreen+WatchN$0Defense airframe145US airframe plants exist; conversion watch is design/IT LCA vs clearance seats.2026-09-11
CMICumminsGreen+WatchN$0Engines15Columbus plants exist; conversion watch is offshore engineering share + LCA.2026-09-11
CENXCentury AluminumGreen+WatchN$0Primary aluminum154US smelters exist (Sebree / Mt. Holly); conversion watch is the Iceland + Jamaica book vs KY/SC seats.2026-09-11
WABWabtecGreen+WatchN$0Locomotives154Erie and Fort Worth plants exist; conversion watch is India + Kazakhstan final-assembly vs US seats.2026-09-11
FSLRFirst SolarGreen+WatchN$0Thin-film modules15US module plants exist; conversion is the India / SE Asia book vs OH/AL/LA seats.2026-09-18
AAAlcoaGreen+WatchN$0Primary aluminum154US smelters exist (Massena / Warrick); conversion is the non-US smelting book.2026-09-18
ALBAlbemarleGreen+WatchN$0Critical minerals15US brine/hard-rock path exists; conversion is Chile / Australia / China volume vs NV/NC seats.2026-09-18
NOCNorthrop GrummanGreen+WatchN$0Defense airframe145US airframe and foundry exist; conversion is design/IT LCA vs clearance seats.2026-09-18
TXNTexas InstrumentsRedN$0US 300mm analog15On the list for US 300mm analog fabs (Sherman / Richardson / Lehi). Red because the standing design bench is visa-heavy — conversion is that bench, not the tool install.2026-09-11
CATCaterpillarRedN$0Heavy equipment15On the list for US plants + Wamego power modules. Red because the people book is GCC-weighted — conversion is that book, not the factory footprint.2026-09-11
AMATApplied MaterialsRedN$0Wafer-fab tools15US mega-fab tool packages (incl. Terafab outreach, not award) vs Asia-weighted sales.2026-09-11
INTCIntelRedN$0US 300mm logic15On the list for US 300mm logic fabs (New Albany / Chandler / Hillsboro). Red because the standing design bench is visa-heavy — conversion is that bench, not the cleanroom pour.2026-09-11
LRCXLam ResearchRedN$0Wafer-fab tools15On the list for US tool plants (Fremont / Tualatin). Red because the engineering bench and Asia-weighted build follow the AMAT pattern.2026-09-11
MUMicron TechnologyRedN$0US 300mm memory15On the list for US 300mm memory lines. Red because the standing process bench is visa-heavy and the leading-edge book is still Asia — conversion is that bench, not the Clay pour.2026-09-18