PortfoliosLab logoPortfoliosLab logo
ISIN
US02110A5149
CUSIP
43162P108
Inception Date
Dec 29, 2000
Min. Investment
$5,000
Distribution Policy
Distributing
Asset Class
Equity
Asset Class Size
Large-Cap
Asset Class Style
Value

Share Price Chart


Loading charts...

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Performance

HCMAX Performance Chart

Hillman Value Fund (HCMAX) is up 6.2% since the beginning of the year. HCMAX is currently trading at $28 per share.


Loading charts...

S&P 500 Index

Returns By Period

Hillman Value Fund (HCMAX) has returned 6.15% so far this year and 16.94% over the past 12 months.


Hillman Value Fund

1D
0.36%
1M
5.91%
YTD
6.15%
6M
7.11%
1Y
16.94%
3Y*
13.24%
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
0.13%
1M
5.68%
YTD
11.16%
6M
11.10%
1Y
27.46%
3Y*
21.12%
5Y*
12.66%
10Y*
13.75%
*Multi-year figures are annualized to reflect compound growth (CAGR)

HCMAX Monthly Returns History

Based on dividend-adjusted daily data since Mar 15, 2022, HCMAX's average daily return is +0.04%, while the average monthly return is +0.86%. At this rate, an investment would double in approximately 6.7 years.

Historically, 63% of months were positive and 37% were negative. The best month was Jan 2023 with a return of +9.7%, while the worst month was Sep 2022 at -8.7%. The longest winning streak lasted 4 consecutive months, and the longest losing streak was 3 months.

On a daily basis, HCMAX closed higher 50% of trading days. The best single day was Apr 9, 2025 with a return of +8.2%, while the worst single day was Apr 4, 2025 at -5.2%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20262.75%3.75%-7.54%2.60%4.59%0.36%6.15%
20251.82%1.16%-2.98%-3.89%3.09%3.14%-0.03%4.48%0.13%-0.74%1.89%1.97%10.12%
2024-0.26%3.14%3.96%-5.59%1.95%-0.44%3.06%0.61%1.70%-3.29%4.42%1.78%11.09%
20239.68%-3.74%3.03%0.36%-0.39%5.20%4.06%-4.52%-4.09%-2.61%9.52%6.98%24.39%
20224.72%-6.79%0.69%-8.07%6.00%-5.69%-8.72%7.89%8.78%-4.97%-8.05%

Benchmark Metrics

Hillman Value Fund has an annualized alpha of -2.13%, beta of 0.85, and R2 of 0.73 versus S&P 500 Index. Calculated based on daily prices since March 16, 2022.

  • This fund participated in 93.67% of S&P 500 Index downside but only 77.64% of its upside - more exposed to losses than it benefited from rallies.
  • This fund had an annualized alpha of -2.13% versus S&P 500 Index - delivering less than market exposure alone would predict.

Alpha
-2.13%
Beta
0.85
0.73
Upside Capture
77.64%
Downside Capture
93.67%

Expense Ratio

HCMAX has a high expense ratio of 0.95%, indicating above-average management fees.


Return for Risk

Risk / Return Rank

HCMAX ranks 21 for risk / return — below 21% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.


HCMAX Risk / Return Rank: 2121
Overall Rank
HCMAX Sharpe Ratio Rank: 2323
Sharpe Ratio Rank
HCMAX Sortino Ratio Rank: 2323
Sortino Ratio Rank
HCMAX Omega Ratio Rank: 2020
Omega Ratio Rank
HCMAX Calmar Ratio Rank: 2323
Calmar Ratio Rank
HCMAX Martin Ratio Rank: 1818
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 present risk-adjusted performance metrics for Hillman Value Fund (HCMAX) and compare them to S&P 500 Index.


HCMAXBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

1.35

2.39

-1.03

Sortino ratio

Return per unit of downside risk

1.99

3.25

-1.26

Omega ratio

Gain probability vs. loss probability

1.23

1.43

-0.20

Calmar ratio

Return relative to maximum drawdown

1.76

3.11

-1.35

Martin ratio

Return relative to average drawdown

5.00

14.38

-9.38

Dividends

Dividend History

Hillman Value Fund provided a 15.50% dividend yield over the last twelve months, with an annual payout of $4.36 per share.


5.00%10.00%15.00%20.00%$0.00$1.00$2.00$3.00$4.00$5.00$6.002022202320242025
Dividends
Dividend Yield
PeriodTTM2025202420232022
Dividend$4.36$4.36$6.05$0.96$3.16

Dividend yield

15.50%16.45%21.58%3.09%12.34%

Monthly Dividends

The table displays the monthly dividend distributions for Hillman Value Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2025$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$4.36$4.36
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$6.05$6.05
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.96$0.96
2022$3.16$3.16

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.


Loading charts...

Worst Drawdowns

The table below displays the maximum drawdowns of the Hillman Value Fund. 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 Hillman Value Fund was 23.03%, occurring on Sep 30, 2022. Recovery took 195 trading sessions.

The current Hillman Value Fund drawdown is 1.40%.


Related event

Drawdown

Fall

Recovery

Underwater

Bear market2022
-23.03%Sep 2022
6mo 4d9mo 16d
1y 3moMar 2022 - Jul 2023
2025 selloff2025
-16.14%Apr 2025
29d2mo 25d
3mo 24dMar 2025 - Jul 2025
2023 correction2023
-12.78%Oct 2023
2mo 27d1mo 16d
4mo 13dAug 2023 - Dec 2023
2026 correction2026
-10.34%Mar 2026
1mo 6d
3mo 15dFeb 2026 - now
2024 pullback2024
-6.71%Aug 2024
4mo 8d1mo 18d
5mo 26dApr 2024 - Sep 2024

Drawdown Indicators


HCMAXBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-23.03%

-56.78%

+33.75%

Max Drawdown (1Y)

Largest decline over 1 year

-10.34%

-9.10%

-1.24%

Max Drawdown (3Y)

Largest decline over 3 years

-16.14%

-18.90%

+2.76%

Max Drawdown (5Y)

Largest decline over 5 years

-25.43%

Max Drawdown (10Y)

Largest decline over 10 years

-33.92%

Current Drawdown

Current decline from peak

-1.40%

0.00%

-1.40%

Average Drawdown

Average peak-to-trough decline

-5.34%

-10.72%

+5.38%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.63%

1.97%

+1.66%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


Loading charts...

Portfolio Analyzer

Build a portfolio with HCMAX

Add Hillman Value Fund to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.

Open Portfolio Analyzer with HCMAX