HL OPTIMISED S&P 500 IT SHARIAH INDEX

Asset Allocation

Position	Category/Sector	Target Weight
NAV2		100%

Benchmark Against

Benchmark

S&P 500 Index

Portfolio Optimizer

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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in HL OPTIMISED S&P 500 IT SHARIAH 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 OPTIMISED S&P 500 IT SHARIAH INDEX	—	—	—	—	—	—	—	—
Portfolio components:
NAV2	—	—	—	—	—	—	—	—

*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Total
2025	-2.50%	0.25%	-6.94%	7.64%									-2.10%
2024	2.25%	6.41%	1.78%	-0.38%	10.49%	7.91%	1.84%	1.03%	7.43%	-0.98%	5.31%	-0.16%	51.36%
2023	5.68%	4.46%	7.61%	0.51%	9.64%	5.39%	3.06%	-0.12%	-5.37%	0.41%	12.71%	3.94%	58.09%
2022	-8.89%	-4.03%	5.66%	0.00%	3.09%	-2.88%	12.08%	-0.51%	-1.97%	-3.38%	9.64%	-5.16%	1.59%
2021	-0.71%	-0.32%	0.48%	5.27%	-1.32%	7.57%	4.26%	3.75%	-1.35%	8.11%	5.36%	3.29%	39.50%

Benchmark Metrics

HL OPTIMISED S&P 500 IT SHARIAH INDEX has an annualized alpha of 28.58%, beta of 0.71, and R2 of 0.45 versus S&P 500 Index. Calculated based on daily prices since January 02, 2020.

This portfolio captured 130.74% of S&P 500 Index gains but only 37.09% of its losses - a favorable profile for investors.
R2 of 0.45 means the benchmark explains less than half of this portfolio's behavior - treat beta with caution or consider switching to a more representative benchmark.

Alpha: 28.58%

Beta: 0.71

R²: 0.45

Upside Capture: 130.74%

Downside Capture: 37.09%

Return for Risk

Return / Risk — by metrics

The table below presents risk-adjusted performance metrics for HL OPTIMISED S&P 500 IT SHARIAH INDEX and compares them with S&P 500 Index.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

How much return does each position deliver for the risk it carries? Higher values mean better reward for the risk taken.

Position	Risk / Return Rank	Sharpe ratio	Sortino ratio	Omega ratio	Calmar ratio	Martin ratio
NAV2	—	—	—	—	—	—

Sharpe Ratio

There isn't enough data available to calculate the Sharpe ratio for HL OPTIMISED S&P 500 IT SHARIAH INDEX. This metric is based on the past 12 months of trading data. Please check back later for updated information.

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Dividends

Dividend yield

HL OPTIMISED S&P 500 IT SHARIAH INDEX doesn't pay dividends

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 OPTIMISED S&P 500 IT SHARIAH 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 OPTIMISED S&P 500 IT SHARIAH INDEX was 19.68%, occurring on Apr 1, 2020. Recovery took 46 trading sessions.

Related event	Drawdown	Fall	Recovery	Underwater
COVID crash2020	-19.68%Apr 2020	1mo 11d	2mo 8d	3mo 19dFeb 2020 - Jun 2020
2025 selloff2025	-19.62%Apr 2025	3mo 22d	—	1y 5moDec 2024 - now
Bear market2022	-14.09%Feb 2022	1mo 15d	5mo 17d	7mo 2dDec 2021 - Jul 2022
Bear market2022	-13.15%Oct 2022	2mo 12d	3mo 7d	5mo 19dAug 2022 - Feb 2023
2020 correction2020	-12.01%Sep 2020	20d	1mo 13d	2mo 3dSep 2020 - Nov 2020

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 1 assets, with an effective number of assets of 1.00, reflecting the diversification based on asset allocation. Your capital is spread almost evenly across your holdings, indicating a well-balanced allocation. Note that true diversification also depends on the correlations between assets — check the diversification ratio below.

Diversification Ratio

	1Y	3Y	5Y	All Time
Diversification Ratio	1.00	1.00	1.00	1.00

The portfolio has a diversification ratio of 1.00, placing it in the bottom quartile across portfolios — positions are highly correlated. Consider adding assets from different classes or sectors to reduce risk.

HL OPTIMISED S&P 500 IT SHARIAH INDEX correlation to the S&P 500 Index

HL OPTIMISED S&P 500 IT SHARIAH INDEX has a 0.77 correlation to S&P 500 Index over the trailing 12 months. This section compares each holding's correlation to the benchmark and to the portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.77
Correlation (3Y) Calculated over the trailing 3-year period	0.72
Correlation (5Y) Calculated over the trailing 5-year period	0.71
Correlation (All Time) Calculated using the full available price history since Jan 2, 2020	0.71

Benchmark Correlations

Correlation vs. S&P 500 Index

NAV2

0.89

Portfolio Correlations

Correlation vs. HL OPTIMISED S&P 500 IT SHARIAH INDEX

NAV2

0.84

Diversification Analysis

Find what HL OPTIMISED S&P 500 IT SHARIAH INDEX is missing

See which holdings overlap, where HL OPTIMISED S&P 500 IT SHARIAH INDEX is concentrated, and which low-correlation assets could fill the gaps.

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