6m expected return range is -5.8% to -4.9% — thin, barely 90bps. Median conf 78. Illiquidity is the common drag in 6 of 10. Not a macro crash signal; it’s a liquidity/momentum short list, not sector-f

Wise Group plc ($WISE.L) top rank, Technology sec 3%, -5.8%, conf 78: ↓ 6mo momentum, ↓ illiquidity, ↓ 12mo momentum. Imperial Brands PLC ($IMB.L) Consumer Defensive sec 2%, -5.2%, conf 78: ↓ 12mo momentum, ↓ 6mo momentum, ↓ illiquidity. Babcock International Group PLC ($BAB.L) Industrials sec 1%, -5.2%, conf 79: ↓ illiquidity, ↓ 12mo momentum, ↓ 6mo momentum. Same stack, different sector trapdoors. Aviva plc ($AV.L) Financial Services sec 1%, -5.2%, conf 79: ↓ illiquidity, ↓ 12mo momentum, ↓ downside risk. Beazley plc ($BEZ.L) Financial Services sec 2%, -5.2%, conf 79: ↓ illiquidity, ↓ downside risk, ↓ 6mo momentum. National Grid plc ($NG.L) Utilities sec 3%, -5.0%, conf 78: ↓ illiquidity, ↓ 12mo momentum, ↓ 6mo momentum. Financials cluster is interesting; liquidity and downside risk are doing the work. Whitbread plc ($WTB.L) Consumer Cyclical sec 2%, -5.0%, conf 79: ↓ 12mo momentum, ↓ illiquidity, ↓ downside risk. Serco Group plc ($SRP.L) Industrials sec 1%, -5.0%, conf 79: ↓ 6mo mom

Wise Group plc ($WISE.L) top rank, Technology sec 3%, -5.8%, conf 78: ↓ 6mo momentum, ↓ illiquidity, ↓ 12mo momentum. Imperial Brands PLC ($IMB.L) Consumer Defensive sec 2%, -5.2%, conf 78: ↓ 12mo mom