Asset Allocation
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Find the right asset allocation for HL US TECHNOLOGY ENHANCED INDEX
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Performance Chart
The chart shows the growth of an initial investment of $10,000 in HL US TECHNOLOGY ENHANCED INDEX, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
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Returns By Period
| Position | 1D | 1M | YTD | 6M | 1Y | 3Y* | 5Y* | 10Y* |
|---|---|---|---|---|---|---|---|---|
Benchmark S&P 500 Index | 0.30% | 0.09% | 8.18% | 8.17% | 23.42% | 19.88% | 11.91% | 13.45% |
Portfolio HL US TECHNOLOGY ENHANCED INDEX | — | — | — | — | — | — | — | — |
| Portfolio components: | ||||||||
Monthly Returns
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 2.84% | 1.68% | -12.15% | 1.52% | 9.04% | 4.05% | 2.38% | 8.32% | |||||
| 2024 | 0.15% | 5.29% | 1.17% | 3.41% | 6.31% | 4.27% | 6.35% | -1.39% | 10.54% | -0.85% | 7.32% | -1.29% | 48.91% |
| 2023 | 1.67% | 6.12% | 3.20% | 0.49% | 7.61% | 5.38% | 2.53% | 2.77% | -1.65% | -0.02% | 10.67% | 5.51% | 53.51% |
| 2022 | -8.37% | -4.79% | 7.70% | 14.31% | 5.04% | 3.87% | 7.30% | 4.20% | 6.32% | -13.45% | 11.34% | -2.41% | 31.01% |
| 2021 | 0.29% | -0.12% | -1.36% | 5.88% | -1.26% | 6.34% | 2.78% | 4.16% | 3.98% | 6.70% | 1.80% | 1.50% | 34.82% |
Benchmark Metrics
HL US TECHNOLOGY ENHANCED INDEX has an annualized alpha of 27.40%, beta of 0.15, and R2 of 0.02 versus S&P 500 Index. Calculated based on daily prices since January 02, 2008.
- This portfolio participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (95.00%) than losses (12.80%) - typical of diversified or defensive assets.
- Beta of 0.15 may look defensive, but with R2 of 0.02 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 0.02 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
- 27.40%
- Beta
- 0.15
- R²
- 0.02
- Upside Capture
- 95.00%
- Downside Capture
- 12.80%
Return for Risk
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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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the HL US TECHNOLOGY ENHANCED INDEX. 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 TECHNOLOGY ENHANCED INDEX was 33.14%, occurring on Nov 4, 2008. Recovery took 255 trading sessions.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -33.14%Nov 2008 | 22d | 1y 5d | 1y 27dOct 2008 - Nov 2009 |
2025 selloff2025 | -23.86%Apr 2025 | 3mo 22d | 3mo 10d | 7mo 2dDec 2024 - Jul 2025 |
2011 bear market2011 | -21.88%Nov 2011 | 3mo 11d | 3mo 28d | 7mo 9dAug 2011 - Mar 2012 |
Financial crisis2007–2009 | -20.99%Sep 2008 | 2mo 24d | 14d | 3mo 8dJul 2008 - Oct 2008 |
Financial crisis2007–2009 | -19.76%Mar 2008 | 2mo 8d | 3mo 3d | 5mo 11dJan 2008 - Jun 2008 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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Diversification
Diversification Metrics
Number of Effective Assets
The portfolio contains 0 assets, with an effective number of assets of 0.00, reflecting the diversification based on asset allocation. null
Diversification Ratio
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Not enough data to calculate this metric.
HL US TECHNOLOGY ENHANCED INDEX correlation to the S&P 500 Index
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.68 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.42 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.37 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.43 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2008 | 0.42 |
Find what HL US TECHNOLOGY ENHANCED INDEX is missing
See which holdings overlap, where HL US TECHNOLOGY ENHANCED INDEX is concentrated, and which low-correlation assets could fill the gaps.
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