Asset Allocation
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
| 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 OPTIMISED S&P 500 IT SHARIAH INDEX | — | — | — | — | — | — | — | — |
| Portfolio components: | ||||||||
NAV2 | — | — | — | — | — | — | — | — |
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% |
| 2020 | 4.13% | -0.29% | -8.90% | 7.20% | 6.61% | 11.72% | 5.63% | 12.98% | -4.48% | -1.33% | 10.49% | 5.64% | 58.53% |
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
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.
| Risk / Return Rank | Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio | |
|---|---|---|---|---|---|---|
NAV2 | — | — | — | — | — | — |
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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 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.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -19.68% | Feb 20, 2020 | 30 | Apr 1, 2020 | 46 | Jun 8, 2020 | 76 |
| -19.62% | Dec 17, 2024 | 76 | Apr 8, 2025 | — | — | — |
| -14.09% | Dec 28, 2021 | 33 | Feb 11, 2022 | 117 | Jul 28, 2022 | 150 |
| -13.15% | Aug 16, 2022 | 53 | Oct 27, 2022 | 78 | Feb 1, 2023 | 131 |
| -12.01% | Sep 3, 2020 | 14 | Sep 23, 2020 | 31 | Nov 5, 2020 | 45 |
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. This number of effective assets suggests a highly concentrated portfolio, where a few assets dominate the allocation, potentially increasing the portfolio's risk due to lack of diversification.
Asset Correlations Table
| Benchmark | NAV2 | Portfolio | |
|---|---|---|---|
| Benchmark | 1.00 | 0.89 | 0.71 |
| NAV2 | 0.89 | 1.00 | 0.84 |
| Portfolio | 0.71 | 0.84 | 1.00 |