PortfoliosLab logo
Colorado Bond Shares A Tax Exempt Fund (HICOX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISIN

US1963321005

Inception Date

Jun 3, 1987

Min. Investment

$500

Asset Class

Bond

Expense Ratio

HICOX has an expense ratio of 0.55%, placing it in the medium range.


Share Price Chart


Loading data...

Compare to other instruments

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


Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Colorado Bond Shares A Tax Exempt Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


600.00%800.00%1,000.00%1,200.00%1,400.00%1,600.00%1,800.00%2,000.00%December2025FebruaryMarchAprilMay
618.18%
1,768.62%
HICOX (Colorado Bond Shares A Tax Exempt Fund)
Benchmark (^GSPC)

Returns By Period

Colorado Bond Shares A Tax Exempt Fund (HICOX) returned -0.30% year-to-date (YTD) and 5.13% over the past 12 months. Over the past 10 years, HICOX returned 4.09% annually, underperforming the S&P 500 benchmark at 10.31%.


HICOX

YTD

-0.30%

1M

-0.47%

6M

1.15%

1Y

5.13%

5Y*

4.48%

10Y*

4.09%

^GSPC (Benchmark)

YTD

-4.26%

1M

11.24%

6M

-5.02%

1Y

8.55%

5Y*

14.02%

10Y*

10.31%

*Annualized

Monthly Returns

The table below presents the monthly returns of HICOX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20250.31%1.15%-0.64%-1.29%0.19%-0.30%
20240.76%0.84%0.44%-0.78%0.52%1.83%1.03%0.73%1.54%-0.44%1.54%-0.54%7.69%
20232.94%-1.63%1.06%0.53%-0.10%0.95%0.43%-0.51%-1.79%-0.97%4.47%2.28%7.74%
2022-0.89%-0.33%-1.71%-2.27%1.83%-1.96%3.11%-1.01%-3.46%-1.04%2.63%0.34%-4.87%
20211.00%0.17%0.57%0.55%0.52%0.44%0.43%0.18%-0.10%0.09%0.65%0.15%4.74%
20200.82%0.86%-4.83%0.07%1.90%2.14%1.13%0.42%0.51%0.22%1.09%0.77%5.05%
20190.49%0.44%1.26%0.38%0.94%0.46%0.47%0.86%0.07%0.26%0.31%0.00%6.09%
20180.12%0.53%0.62%0.11%0.79%0.45%0.31%1.20%-0.11%-0.20%0.25%0.09%4.24%
20170.56%0.59%0.42%0.59%0.80%1.07%0.43%0.55%0.23%0.22%0.39%0.13%6.14%
20160.49%0.30%0.48%-0.37%0.57%0.85%0.26%1.02%0.50%-0.11%-1.52%-0.40%2.07%
20150.84%0.04%0.31%0.16%0.21%0.29%0.77%0.43%0.37%0.32%0.41%-0.05%4.17%
20140.87%0.50%0.39%0.55%0.93%0.31%0.26%0.61%0.35%0.65%0.26%0.09%5.93%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

With an overall rank of 87, HICOX is among the top 13% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of HICOX is 8787
Overall Rank
The Sharpe Ratio Rank of HICOX is 8686
Sharpe Ratio Rank
The Sortino Ratio Rank of HICOX is 8383
Sortino Ratio Rank
The Omega Ratio Rank of HICOX is 8989
Omega Ratio Rank
The Calmar Ratio Rank of HICOX is 9090
Calmar Ratio Rank
The Martin Ratio Rank of HICOX is 8888
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Colorado Bond Shares A Tax Exempt Fund (HICOX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


The current Colorado Bond Shares A Tax Exempt Fund Sharpe ratio is 1.38. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Colorado Bond Shares A Tax Exempt Fund with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00December2025FebruaryMarchAprilMay
1.28
0.44
HICOX (Colorado Bond Shares A Tax Exempt Fund)
Benchmark (^GSPC)

Dividends

Dividend History

Colorado Bond Shares A Tax Exempt Fund provided a 5.51% dividend yield over the last twelve months, with an annual payout of $0.49 per share. The fund has been increasing its distributions for 3 consecutive years.


4.00%4.50%5.00%5.50%$0.00$0.10$0.20$0.30$0.40$0.5020142015201620172018201920202021202220232024
Dividends
Dividend Yield
PeriodTTM20242023202220212020201920182017201620152014
Dividend$0.49$0.49$0.44$0.37$0.36$0.37$0.35$0.37$0.38$0.42$0.35$0.41

Dividend yield

5.51%5.46%5.01%4.27%3.84%4.00%3.79%4.13%4.24%4.73%3.78%4.51%

Monthly Dividends

The table displays the monthly dividend distributions for Colorado Bond Shares A Tax Exempt Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.04$0.04$0.03$0.03$0.00$0.15
2024$0.04$0.04$0.03$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.04$0.08$0.49
2023$0.04$0.03$0.03$0.04$0.03$0.04$0.04$0.03$0.04$0.04$0.04$0.04$0.44
2022$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.00$0.05$0.37
2021$0.04$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.36
2020$0.03$0.04$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.37
2019$0.03$0.03$0.03$0.04$0.04$0.04$0.03$0.03$0.03$0.03$0.03$0.00$0.35
2018$0.04$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.02$0.03$0.05$0.37
2017$0.04$0.03$0.03$0.04$0.03$0.05$0.04$0.03$0.03$0.03$0.03$0.00$0.38
2016$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.07$0.04$0.03$0.03$0.42
2015$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.04$0.00$0.35
2014$0.03$0.03$0.04$0.04$0.04$0.03$0.04$0.03$0.03$0.07$0.03$0.01$0.41

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.


-20.00%-15.00%-10.00%-5.00%0.00%December2025FebruaryMarchAprilMay
-2.04%
-8.35%
HICOX (Colorado Bond Shares A Tax Exempt Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Colorado Bond Shares A Tax Exempt 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 Colorado Bond Shares A Tax Exempt Fund was 8.07%, occurring on Oct 25, 2022. Recovery took 276 trading sessions.

The current Colorado Bond Shares A Tax Exempt Fund drawdown is 2.04%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-8.07%Dec 16, 2021216Oct 25, 2022276Nov 30, 2023492
-7.31%Mar 2, 202015Mar 20, 202088Jul 27, 2020103
-4.03%Jul 24, 199029Aug 31, 1990120Feb 15, 1991149
-3.67%Apr 7, 20253Apr 9, 2025
-3.18%Sep 16, 200865Dec 16, 2008144Jul 15, 2009209

Volatility

Volatility Chart

The current Colorado Bond Shares A Tax Exempt Fund volatility is 2.36%, 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.


0.00%5.00%10.00%15.00%December2025FebruaryMarchAprilMay
2.36%
11.43%
HICOX (Colorado Bond Shares A Tax Exempt Fund)
Benchmark (^GSPC)