These are deterministic, invented 12-period paths for five thematic components. At period t, basket level = Σ(weight × component level at t). Each component starts at 100; weights are initial holdings in a buy-and-hold model. The comparison uses equal initial weights across the same selected components. No fees, slippage, tax, distributions or rebalancing are included. Maximum drawdown is the greatest peak-to-trough fall along this sampled path. It is an educational scenario replay, not a historical backtest.