BHM
Asset Allocation
| Position | Category/Sector | Weight |
|---|---|---|
ACWI iShares MSCI ACWI ETF | Large Cap Growth Equities | 60% |
BHMG.L BH Macro Limited | Financial Services | 10% |
BNDX Vanguard Total International Bond ETF | Total Bond Market | 30% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in BHM, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends. The portfolio is rebalanced Quarterly
The earliest data available for this chart is Jun 4, 2013, corresponding to the inception date of BNDX
Returns By Period
As of Oct 17, 2024, the BHM returned 12.58% Year-To-Date and 42.23% of annualized return in the last 10 years.
| Year-To-Date | 1 month | 6 months | 1 year | 5 years (annualized) | 10 years (annualized) | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | 22.49% | 3.72% | 16.33% | 33.60% | 14.41% | 11.99% |
| BHM | 12.58% | 1.80% | 11.31% | 23.26% | 70.13% | 42.18% |
| Portfolio components: | ||||||
ACWI iShares MSCI ACWI ETF | 18.90% | 3.01% | 15.04% | 32.32% | 11.77% | 9.75% |
BHMG.L BH Macro Limited | 2.32% | -0.34% | 9.52% | 7.59% | 6.67% | 3.83% |
BNDX Vanguard Total International Bond ETF | 3.44% | 0.01% | 4.64% | 11.06% | -0.01% | 2.07% |
Monthly Returns
The table below presents the monthly returns of BHM, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.14% | 2.08% | 1.94% | -1.88% | 3.13% | 1.52% | 2.18% | 1.27% | 2.14% | 12.58% | |||
| 2023 | 5.14% | -2.50% | 2.35% | 1.20% | -0.95% | 2.71% | 2.00% | -2.10% | -3.31% | -1.38% | 6.34% | 4.40% | 14.19% |
| 2022 | -2.99% | -2.38% | 1.06% | -5.71% | -0.02% | -5.29% | 5.78% | -4.13% | -6.91% | 4.34% | 6.12% | -13.19% | -22.45% |
| 2021 | -0.89% | 0.96% | 1.63% | 2.34% | 1.52% | 0.69% | 1.56% | 1.20% | -3.21% | 3.32% | -0.71% | 1,045.34% | 1,143.21% |
| 2020 | -0.23% | -4.49% | -7.58% | 7.69% | 3.27% | 2.27% | 3.58% | 3.75% | -1.19% | -1.27% | 7.07% | 3.29% | 16.13% |
| 2019 | 5.83% | 1.46% | 0.94% | 2.33% | -3.38% | 5.75% | -0.30% | -0.28% | 1.04% | 1.72% | 1.24% | 2.20% | 19.80% |
| 2018 | 3.91% | -3.07% | -0.44% | -0.16% | 0.38% | -0.03% | 2.06% | 0.52% | 0.46% | -4.05% | 1.09% | -3.78% | -3.37% |
| 2017 | 1.44% | 1.83% | 0.88% | 1.45% | 1.10% | -0.19% | 3.25% | -0.63% | 1.18% | 1.27% | 1.67% | -7.73% | 5.23% |
| 2016 | -3.15% | -0.52% | 4.75% | 0.59% | 0.41% | -0.20% | 2.38% | -0.19% | 0.55% | -2.14% | 1.50% | 96.10% | 103.61% |
| 2015 | -0.28% | 3.61% | -1.05% | 1.58% | -0.34% | -1.76% | 0.86% | -4.54% | -1.93% | 4.87% | -0.55% | -1.51% | -1.39% |
| 2014 | -2.76% | 3.25% | 0.12% | 1.15% | 1.35% | 1.56% | -0.88% | 1.84% | -1.88% | 0.58% | 1.06% | -1.12% | 4.17% |
| 2013 | -2.53% | 2.64% | -1.31% | 3.90% | 2.17% | 1.33% | 1.15% | 7.42% |
Expense Ratio
BHM has an expense ratio of 0.21%, which is considered low compared to other funds. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of BHM is 69, suggesting that the investment has average results relative to other portfolios in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
This table presents a comparison of risk-adjusted performance metrics for positions. Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio | |
|---|---|---|---|---|---|
ACWI iShares MSCI ACWI ETF | 2.90 | 3.97 | 1.54 | 2.38 | 19.62 |
BHMG.L BH Macro Limited | 0.37 | 0.68 | 1.08 | 0.06 | 1.34 |
BNDX Vanguard Total International Bond ETF | 2.39 | 3.71 | 1.44 | 0.76 | 9.30 |
Dividends
Dividend yield
BHM granted a 2.36% dividend yield in the last twelve months.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| BHM | 2.36% | 2.46% | 1.53% | 2.15% | 1.19% | 2.42% | 2.25% | 1.83% | 1.88% | 2.02% | 1.82% | 1.39% |
| Portfolio components: | ||||||||||||
ACWI iShares MSCI ACWI ETF | 1.58% | 1.88% | 1.79% | 1.71% | 1.43% | 2.33% | 2.25% | 1.94% | 2.19% | 2.56% | 2.26% | 1.89% |
BHMG.L BH Macro Limited | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BNDX Vanguard Total International Bond ETF | 4.72% | 4.42% | 1.51% | 3.74% | 1.11% | 3.40% | 3.01% | 2.23% | 1.89% | 1.63% | 1.54% | 0.86% |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the BHM. 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 BHM was 24.08%, occurring on Dec 28, 2022. The portfolio has not yet recovered.
The current BHM drawdown is 1.42%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -24.08% | Dec 30, 2021 | 258 | Dec 28, 2022 | — | — | — |
| -21.79% | Feb 13, 2020 | 28 | Mar 23, 2020 | 53 | Jun 8, 2020 | 81 |
| -13.5% | Dec 14, 2017 | 264 | Dec 24, 2018 | 124 | Jun 20, 2019 | 388 |
| -12.15% | Apr 29, 2015 | 204 | Feb 11, 2016 | 218 | Dec 15, 2016 | 422 |
| -5.42% | Sep 8, 2014 | 29 | Oct 16, 2014 | 29 | Nov 26, 2014 | 58 |
Volatility
Volatility Chart
The current BHM volatility is 2.09%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Diversification
Asset Correlations Table
| BNDX | ACWI | BHMG.L | |
|---|---|---|---|
| BNDX | 1.00 | -0.01 | 0.03 |
| ACWI | -0.01 | 1.00 | 0.20 |
| BHMG.L | 0.03 | 0.20 | 1.00 |