Wells Fargo's $1.08 Billion Trading Volume Climbs to 90th in U.S. Rankings as Investor Confidence Rises

On September 18, 2025, , ranking 90th among U.S. stocks. , outperforming broader market indices. Analysts attributed the move to renewed investor confidence in its mortgage banking division following recent regulatory clarity. A key factor was the Federal Reserve’s updated guidance on capital requirements, which eased concerns over potential dividend cuts. Additionally, internal restructuring efforts in its wealth management segment reduced operational risk perceptions.

Market participants highlighted improved sentiment around WFC’s asset quality metrics, . This aligns with broader industry trends as housing market stabilization supports mortgage origination volumes. However, analysts cautioned that deposit growth remains sluggish, . The stock’s performance contrasted with peers in the KBW Bank Index, which traded flat for the day.

I can certainly help you evaluate that strategy, but I need to clarify a few implementation details so I can set up the back-test correctly: 1. Universe definition—should we consider all U.S. common stocks listed on NYSE + NASDAQ + AMEX (roughly 6,000 tickers), or a specific universe (e.g., S&P 1500, Russell 3000, etc.)? 2. Weighting methodology—equal-weight the 500 names each day, or weight them by (for example) normalized trading volume? 3. Trading price—enter at the next day’s open and exit at the same day’s close (intraday round-trip), or enter at today’s close and exit at tomorrow’s close (overnight hold)? 4. Transaction costs / slippage—do you want us to include any estimate (e.g., 2 bps per side) or assume frictionless execution? Once I have these details, I’ll generate the data-retrieval plan, pull the daily volume ranks, and run the back-test.