Asset Allocation
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Performance Chart
The chart shows the growth of an initial investment of $10,000 in HL US ENHANCED TLT, 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 ENHANCED TLT | — | — | — | — | — | — | — | — |
| Portfolio components: | ||||||||
Monthly Returns
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 1.93% | 4.28% | 3.22% | 4.62% | 5.06% | 20.59% | |||||||
| 2024 | 5.78% | -2.25% | 0.78% | 3.98% | 1.40% | -1.73% | 6.56% | 8.75% | -0.61% | -0.39% | 0.77% | 4.03% | 29.87% |
| 2023 | -4.36% | -4.88% | -4.61% | 0.34% | -3.02% | 3.91% | 1.51% | 5.68% | 1.51% | -9.66% | 9.92% | 8.69% | 3.13% |
| 2022 | -6.23% | -3.97% | 4.17% | 10.29% | 2.97% | -0.01% | -1.16% | -4.23% | 7.97% | 9.35% | 15.32% | 15.46% | 58.52% |
| 2021 | -3.63% | -11.77% | 0.38% | 2.50% | 0.00% | 4.42% | 3.72% | -0.34% | 2.54% | 1.98% | 2.77% | -2.01% | -0.57% |
Benchmark Metrics
HL US ENHANCED TLT has an annualized alpha of 27.02%, beta of -0.01, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since January 02, 2020.
- This portfolio captured 31.58% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -76.19%) - a profile typical of hedging or uncorrelated assets.
- Beta of -0.01 may look defensive, but with R2 of 0.00 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 0.00 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
- 27.02%
- Beta
- -0.01
- R²
- 0.00
- Upside Capture
- 31.58%
- Downside Capture
- -76.19%
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 ENHANCED 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 ENHANCED TLT was 19.26%, occurring on Mar 18, 2021. Recovery took 286 trading sessions.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2021 correction2021 | -19.26%Mar 2021 | 12mo 3d | 1y 1mo | 2y 1moMar 2020 - May 2022 |
2023 correction2023 | -17.77%May 2023 | 4mo 22d | 6mo 22d | 11mo 14dJan 2023 - Dec 2023 |
Bear market2022 | -10.69%Aug 2022 | 2mo 3d | 1mo 25d | 3mo 28dJun 2022 - Oct 2022 |
2024 pullback2024 | -8.39%Nov 2024 | 29d | 1mo 24d | 2mo 23dOct 2024 - Jan 2025 |
2024 pullback2024 | -7.52%Jun 2024 | 25d | 1mo 14d | 2mo 9dMay 2024 - Jul 2024 |
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 ENHANCED TLT correlation to the S&P 500 Index
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.03 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.02 |
Correlation (5Y) Calculated over the trailing 5-year period | -0.04 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2020 | -0.06 |
Find what HL US ENHANCED TLT is missing
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