Asset Allocation
Asset allocation is not available
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in HL US OPTIMISED TLT, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Loading graphics...
Returns By Period
| 1D | 1M | YTD | 6M | 1Y | 3Y* | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|---|---|
Benchmark S&P 500 Index | 0.11% | -3.43% | -3.84% | -1.98% | 16.08% | 16.86% | 10.37% | 12.29% |
Portfolio HL US OPTIMISED TLT | — | — | — | — | — | — | — | — |
| Portfolio components: | ||||||||
Monthly Returns
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | -0.20% | 5.70% | 0.78% | 1.50% | 0.60% | 8.55% | |||||||
| 2024 | 1.53% | -2.25% | 0.78% | -1.60% | 2.19% | -0.09% | 4.97% | 5.28% | 0.52% | -3.23% | 1.33% | -1.54% | 7.77% |
| 2023 | 1.41% | -4.96% | 0.09% | 0.34% | -3.02% | 2.01% | -0.52% | 1.06% | -3.37% | -7.68% | 9.92% | 8.69% | 2.59% |
| 2022 | -4.98% | -2.77% | -0.56% | 0.00% | 0.50% | -0.47% | 0.60% | -4.42% | -0.37% | 1.45% | 11.16% | 5.95% | 5.18% |
| 2021 | -3.63% | -8.75% | -2.56% | 2.50% | 0.00% | 4.42% | 3.72% | -0.34% | -0.16% | 2.29% | 2.77% | -1.94% | -2.45% |
| 2020 | 7.69% | 3.15% | 12.68% | 3.41% | -1.76% | -0.62% | 4.43% | -5.05% | -0.04% | 1.10% | 0.91% | -1.23% | 26.21% |
Benchmark Metrics
HL US OPTIMISED TLT has an annualized alpha of 10.31%, beta of -0.05, and R² of 0.01 versus S&P 500 Index. Calculated based on daily prices since January 02, 2020.
- This portfolio captured 20.76% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -0.89%) — a profile typical of hedging or uncorrelated assets.
- Beta of -0.05 may look defensive, but with R² of 0.01 this portfolio is largely uncorrelated with S&P 500 Index — low beta reflects independence, not downside protection. See the Volatility section for a true picture of this portfolio's risk.
- R² of 0.01 means this portfolio moves largely independently of S&P 500 Index — capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 10.31%
- Beta
- -0.05
- R²
- 0.01
- Upside Capture
- 20.76%
- Downside Capture
- -0.89%
Return for Risk
Loading graphics...
Dividends
Dividend yield
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading graphics...
Worst Drawdowns
The table below displays the maximum drawdowns of the HL US OPTIMISED TLT. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the HL US OPTIMISED TLT was 20.25%, occurring on Oct 7, 2022. Recovery took 69 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -20.25% | Aug 5, 2020 | 549 | Oct 7, 2022 | 69 | Jan 18, 2023 | 618 |
| -16.46% | Jan 19, 2023 | 190 | Oct 19, 2023 | 40 | Dec 15, 2023 | 230 |
| -7.94% | Aug 22, 2024 | 59 | Nov 13, 2024 | 71 | Feb 28, 2025 | 130 |
| -7.71% | Apr 29, 2020 | 27 | Jun 5, 2020 | 38 | Jul 30, 2020 | 65 |
| -6.17% | Feb 2, 2024 | 13 | Feb 21, 2024 | 109 | Jul 29, 2024 | 122 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading graphics...
Diversification
Asset Correlations Table
| Benchmark | Portfolio | |
|---|---|---|
| Benchmark | 1.00 | -0.07 |
| Portfolio | -0.07 | 1.00 |