Top Tier Hedge Funds

Asset Allocation

Position	Category/Sector	Target Weight
MSFT Microsoft Corporation	Technology	13.77%
V Visa Inc.	Financial Services	9.80%
GE General Electric Company	Industrials	9.56%
GOOG Alphabet Inc	Communication Services	9.52%
MCO Moody's Corporation	Financial Services	7.75%
SPGI S&P Global Inc.	Financial Services	6.61%
UNH UnitedHealth Group Incorporated	Healthcare	5%
INTU Intuit Inc.	Technology	3.86%
CRM Salesforce, Inc.	Technology	3.80%
JPM JPMorgan Chase & Co.	Financial Services	3.49%
AMZN Amazon.com, Inc	Consumer Cyclical	3.43%
NVDA NVIDIA Corporation	Technology	3.13%
SCHW The Charles Schwab Corporation	Financial Services	2.95%
BAC Bank of America Corporation	Financial Services	2.69%
AON Aon plc	Financial Services	2.62%
DG Dollar General Corporation	Consumer Defensive	2.52%
BSX Boston Scientific Corporation	Healthcare	2.47%
ADSK Autodesk, Inc.	Technology	2.37%
AZN AstraZeneca PLC	Healthcare	2.35%
META Meta Platforms, Inc.	Communication Services	2.31%

Benchmark Against

Benchmark

S&P 500 Index

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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Top Tier Hedge Funds, 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 Every 3 months.

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Returns By Period

As of Jun 13, 2026, the Top Tier Hedge Funds returned -7.52% Year-To-Date and 21.28% of annualized return in the last 10 years.

Position	1D	1M	YTD	6M	1Y	3Y*	5Y*	10Y*
Benchmark S&P 500 Index	1.65%	1.97%	10.35%	10.82%	26.39%	19.66%	12.33%	13.81%
Portfolio Top Tier Hedge Funds	1.43%	0.08%	-7.52%	-5.66%	6.84%	19.71%	14.47%	21.28%
Portfolio components:
ADSK Autodesk, Inc.	0.09%	-16.07%	-32.91%	-32.52%	-32.02%	-2.38%	-6.21%	13.36%
AMZN Amazon.com, Inc	3.13%	-6.86%	6.59%	10.55%	15.99%	25.16%	7.58%	21.42%
AON Aon plc	-1.73%	3.87%	-6.18%	-6.50%	-5.81%	0.86%	7.04%	12.97%
AZN AstraZeneca PLC	-0.83%	-2.37%	-1.57%	-1.17%	22.44%	8.11%	11.23%	15.74%
BAC Bank of America Corporation	-0.27%	13.67%	3.44%	2.83%	30.43%	27.62%	8.85%	18.03%
BSX Boston Scientific Corporation	-0.32%	-11.24%	-50.96%	-49.28%	-53.12%	-4.87%	1.80%	7.59%
CRM Salesforce, Inc.	-0.81%	-4.92%	-37.57%	-34.93%	-35.68%	-7.54%	-7.14%	7.60%
DG Dollar General Corporation	1.39%	13.68%	-11.55%	-11.65%	6.33%	-8.97%	-9.78%	3.95%
GE General Electric Company	2.08%	21.57%	11.27%	14.01%	45.42%	60.04%	39.22%	10.05%
GOOG Alphabet Inc	2.50%	-6.61%	17.14%	18.84%	109.32%	43.99%	24.12%	26.76%

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

Monthly Returns

Based on dividend-adjusted daily data since Apr 3, 2014, Top Tier Hedge Funds's average daily return is +0.08%, while the average monthly return is +1.67%. At this rate, an investment would double in approximately 3.5 years.

Historically, 65% of months were positive and 35% were negative. The best month was Nov 2020 with a return of +13.0%, while the worst month was Apr 2022 at -11.3%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 3 months.

On a daily basis, Top Tier Hedge Funds closed higher 57% of trading days. The best single day was Mar 24, 2020 with a return of +11.2%, while the worst single day was Mar 16, 2020 at -12.9%.

	Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec	Total
2026	-3.74%	-4.69%	-7.27%	9.10%	1.60%	-1.94%							-7.52%
2025	6.38%	-2.20%	-4.49%	-0.55%	9.03%	4.98%	2.21%	1.42%	1.45%	2.38%	-0.03%	2.54%	24.82%
2024	3.28%	5.64%	4.31%	-1.74%	3.48%	4.07%	0.83%	1.64%	1.38%	-0.76%	6.62%	-2.15%	29.53%
2023	10.85%	-2.05%	7.62%	3.62%	3.88%	4.72%	3.72%	-1.09%	-4.77%	-0.28%	12.19%	3.95%	49.63%
2022	-5.82%	-3.81%	3.12%	-11.33%	-0.95%	-7.49%	10.77%	-5.48%	-10.53%	8.36%	7.24%	-5.89%	-22.25%
2021	-2.23%	6.44%	3.57%	8.44%	1.34%	4.21%	2.76%	3.58%	-4.34%	9.32%	-3.31%	2.28%	35.87%

Benchmark Metrics

Top Tier Hedge Funds has an annualized alpha of 6.76%, beta of 1.09, and R2 of 0.90 versus S&P 500 Index. Calculated based on daily prices since April 03, 2014.

This portfolio captured 131.25% of S&P 500 Index gains but only 95.53% of its losses - a favorable profile for investors.
This portfolio generated an annualized alpha of 6.76% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
With beta of 1.09 and R2 of 0.90, this portfolio moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.

Alpha: 6.76%

Beta: 1.09

R²: 0.90

Upside Capture: 131.25%

Downside Capture: 95.53%

See how alpha, beta & R² have trended over time →

Expense Ratio

Top Tier Hedge Funds has an expense ratio of 0.00%, meaning no management fees are charged. Below, you can find the expense ratios of the portfolio's funds side by side and easily compare their relative costs.

The portfolio doesn't include any funds that charge management fees.

Return for Risk

Risk / Return Rank

Top Tier Hedge Funds ranks 6 for risk / return — in the bottom 6% of Portfolios on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.

Overall Rank

Sharpe Ratio Rank

Sortino Ratio Rank

Omega Ratio Rank

Calmar Ratio Rank

Martin Ratio Rank

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below presents risk-adjusted performance metrics for Top Tier Hedge Funds and compares them with S&P 500 Index.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	Portfolio	Benchmark	Difference
Sharpe ratioReturn per unit of total volatility	0.49	2.14	-1.64
Sortino ratioReturn per unit of downside risk	0.76	2.89	-2.13
Omega ratioGain probability vs. loss probability	1.09	1.39	-0.29
Calmar ratioReturn relative to maximum drawdown	0.36	2.91	-2.56
Martin ratioReturn relative to average drawdown	0.95	13.08	-12.13

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
ADSK Autodesk, Inc.	7	-0.96	-1.28	0.84	-0.82	-1.78
AMZN Amazon.com, Inc	57	0.53	0.94	1.12	0.74	1.74
AON Aon plc	29	-0.25	-0.18	0.98	-0.34	-0.62
AZN AstraZeneca PLC	68	0.88	1.51	1.17	1.47	3.82
BAC Bank of America Corporation	76	1.42	1.91	1.25	1.70	4.39
BSX Boston Scientific Corporation	2	-1.53	-2.32	0.66	-0.94	-2.01
CRM Salesforce, Inc.	7	-0.94	-1.30	0.85	-0.91	-1.70
DG Dollar General Corporation	46	0.18	0.53	1.06	0.18	0.43
GE General Electric Company	78	1.45	1.99	1.26	2.19	5.91
GOOG Alphabet Inc	96	3.82	5.17	1.62	5.30	18.58

Sharpe Ratio

The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk. Learn how to interpret the Sharpe ratio.

The current Top Tier Hedge Funds Sharpe ratio is 0.49 as of Jun 13, 2026 (the value is recalculated daily), calculated over the past 12 months.

Compared to the broad market, where average Sharpe ratios range from 1.54 to 2.41, this portfolio's current Sharpe ratio places it in the bottom 25%. This suggests weaker risk-adjusted returns than most portfolios, possibly due to lower returns, higher volatility, or both. It may be worth reviewing the allocation. You can use the Portfolio Optimization tool to explore options for improving the Sharpe ratio.

The chart below shows the rolling Sharpe ratio of Top Tier Hedge Funds compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.

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Dividends

Dividend yield

Top Tier Hedge Funds provided a 0.98% dividend yield over the last twelve months.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Portfolio	0.98%	0.78%	0.82%	0.71%	0.81%	0.60%	0.74%	1.13%	1.39%	1.29%	1.33%	1.32%
Portfolio components:
ADSK Autodesk, Inc.	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
AMZN Amazon.com, Inc	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
AON Aon plc	0.93%	0.82%	0.74%	0.83%	0.73%	0.66%	0.84%	0.83%	1.35%	1.05%	1.16%	1.25%
AZN AstraZeneca PLC	3.00%	1.70%	2.27%	2.15%	2.12%	2.35%	2.80%	2.81%	3.69%	3.95%	5.01%	4.06%
BAC Bank of America Corporation	2.73%	1.96%	2.28%	2.73%	2.60%	1.75%	2.38%	1.87%	2.19%	1.32%	1.13%	1.19%
BSX Boston Scientific Corporation	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
CRM Salesforce, Inc.	1.29%	0.63%	0.48%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
DG Dollar General Corporation	2.03%	1.78%	3.11%	1.30%	1.06%	0.69%	0.67%	0.80%	1.05%	0.84%	1.35%	1.22%
GE General Electric Company	0.45%	0.47%	0.67%	0.25%	0.38%	0.34%	0.37%	4.12%	4.89%	4.81%	2.94%	2.95%
GOOG Alphabet Inc	0.23%	0.26%	0.32%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

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 Top Tier Hedge Funds. 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 Top Tier Hedge Funds was 34.80%, occurring on Mar 23, 2020. Recovery took 107 trading sessions.

The current Top Tier Hedge Funds drawdown is 10.84%.

Related event	Drawdown	Fall	Recovery	Underwater
COVID crash2020	-34.80%Mar 2020	1mo 2d	5mo 4d	6mo 6dFeb 2020 - Aug 2020
Bear market2022	-30.92%Oct 2022	11mo 6d	9mo 4d	1y 8moNov 2021 - Jul 2023
Rate-hike selloffLate 2018	-23.01%Dec 2018	3mo 4d	2mo 27d	6mo 1dSep 2018 - Mar 2019
2026 correction2026	-19.30%Mar 2026	2mo 19d	—	5mo 10dJan 2026 - now
2025 selloff2025	-16.30%Apr 2025	1mo 23d	1mo 19d	3mo 12dFeb 2025 - May 2025

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 20 assets, with an effective number of assets of 14.06, reflecting the diversification based on asset allocation. Your capital is well-distributed across most of your holdings, with only mild concentration in a few names. True diversification also depends on the correlations between assets — check the diversification ratio below.

Diversification Ratio

	1Y	3Y	5Y	10Y	All Time
Diversification Ratio	2.08	1.78	1.56	1.46	1.46

The portfolio has a diversification ratio of 1.46, in line with the typical range across portfolios. There's room to improve by adding less correlated assets.

Top Tier Hedge Funds correlation to the S&P 500 Index

Top Tier Hedge Funds has a 0.76 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	0.76
Correlation (3Y) Calculated over the trailing 3-year period	0.85
Correlation (5Y) Calculated over the trailing 5-year period	0.91
Correlation (10Y) Calculated over the trailing 10-year period	0.91
Correlation (All Time) Calculated using the full available price history since Apr 3, 2014	0.91

Benchmark Correlations

Correlation vs. S&P 500 Index. MSFT has the highest benchmark correlation at 0.72, while DG has the lowest at 0.31.

0.31

AZN

0.35

UNH

0.43

AON

0.50

0.52

0.53

0.57

0.59

0.60

Portfolio Correlations

Correlation vs. Top Tier Hedge Funds. MSFT has the highest portfolio correlation at 0.79, while DG has the lowest at 0.29.

0.29

AZN

0.34

UNH

0.43

AON

0.52

0.54

0.55

0.56

0.57

0.59

0.63

Asset Correlations Table

The table below displays the correlation coefficients between the individual components of the portfolio, the entire portfolio, and the chosen benchmark.

	DG	AZN	UNH	GE	AON	BSX	SCHW	NVDA	BAC	META	JPM	AMZN	CRM	GOOG	ADSK	INTU	V	SPGI	MSFT	MCO
DG	1.00	0.16	0.24	0.13	0.23	0.23	0.20	0.15	0.18	0.17	0.17	0.17	0.19	0.17	0.24	0.21	0.22	0.25	0.20	0.27
AZN	0.16	1.00	0.23	0.18	0.25	0.31	0.16	0.18	0.18	0.23	0.20	0.20	0.20	0.24	0.23	0.24	0.30	0.30	0.26	0.31
UNH	0.24	0.23	1.00	0.20	0.33	0.36	0.29	0.20	0.30	0.21	0.33	0.22	0.23	0.28	0.26	0.28	0.36	0.36	0.29	0.35
GE	0.13	0.18	0.20	1.00	0.28	0.29	0.43	0.30	0.47	0.29	0.50	0.26	0.23	0.30	0.30	0.27	0.33	0.31	0.28	0.33
AON	0.23	0.25	0.33	0.28	1.00	0.40	0.38	0.22	0.37	0.26	0.41	0.26	0.34	0.30	0.38	0.40	0.47	0.50	0.39	0.52
BSX	0.23	0.31	0.36	0.29	0.40	1.00	0.33	0.31	0.32	0.35	0.36	0.33	0.38	0.38	0.40	0.40	0.47	0.44	0.40	0.46
SCHW	0.20	0.16	0.29	0.43	0.38	0.33	1.00	0.31	0.71	0.28	0.67	0.28	0.34	0.33	0.38	0.36	0.43	0.41	0.34	0.43
NVDA	0.15	0.18	0.20	0.30	0.22	0.31	0.31	1.00	0.30	0.50	0.32	0.53	0.48	0.50	0.50	0.49	0.39	0.39	0.57	0.40
BAC	0.18	0.18	0.30	0.47	0.37	0.32	0.71	0.30	1.00	0.31	0.84	0.29	0.30	0.35	0.37	0.33	0.44	0.41	0.32	0.44
META	0.17	0.23	0.21	0.29	0.26	0.35	0.28	0.50	0.31	1.00	0.31	0.61	0.50	0.63	0.47	0.47	0.46	0.41	0.57	0.43
JPM	0.17	0.20	0.33	0.50	0.41	0.36	0.67	0.32	0.84	0.31	1.00	0.31	0.31	0.36	0.36	0.33	0.47	0.43	0.35	0.46
AMZN	0.17	0.20	0.22	0.26	0.26	0.33	0.28	0.53	0.29	0.61	0.31	1.00	0.54	0.66	0.51	0.51	0.45	0.42	0.62	0.45
CRM	0.19	0.20	0.23	0.23	0.34	0.38	0.34	0.48	0.30	0.50	0.31	0.54	1.00	0.49	0.63	0.63	0.49	0.50	0.59	0.51
GOOG	0.17	0.24	0.28	0.30	0.30	0.38	0.33	0.50	0.35	0.63	0.36	0.66	0.49	1.00	0.50	0.51	0.50	0.45	0.64	0.47
ADSK	0.24	0.23	0.26	0.30	0.38	0.40	0.38	0.50	0.37	0.47	0.36	0.51	0.63	0.50	1.00	0.63	0.51	0.53	0.58	0.55
INTU	0.21	0.24	0.28	0.27	0.40	0.40	0.36	0.49	0.33	0.47	0.33	0.51	0.63	0.51	0.63	1.00	0.53	0.56	0.63	0.58
V	0.22	0.30	0.36	0.33	0.47	0.47	0.43	0.39	0.44	0.46	0.47	0.45	0.49	0.50	0.51	0.53	1.00	0.58	0.54	0.59
SPGI	0.25	0.30	0.36	0.31	0.50	0.44	0.41	0.39	0.41	0.41	0.43	0.42	0.50	0.45	0.53	0.56	0.58	1.00	0.54	0.82
MSFT	0.20	0.26	0.29	0.28	0.39	0.40	0.34	0.57	0.32	0.57	0.35	0.62	0.59	0.64	0.58	0.63	0.54	0.54	1.00	0.55
MCO	0.27	0.31	0.35	0.33	0.52	0.46	0.43	0.40	0.44	0.43	0.46	0.45	0.51	0.47	0.55	0.58	0.59	0.82	0.55	1.00

The correlation results are calculated based on daily price changes starting from Apr 3, 2014

Diversification Analysis

Find what Top Tier Hedge Funds is missing

See which holdings overlap, where Top Tier Hedge Funds is concentrated, and which low-correlation assets could fill the gaps.

Analyze Diversification