Share Price Chart
Loading graphics...
Compare stocks, funds, or ETFs
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 Hood River New Opportunities Fund Institutional Class, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Loading graphics...
Returns By Period
Hood River New Opportunities Fund Institutional Class (HRNOX) has returned -3.75% so far this year and 53.66% over the past 12 months.
Hood River New Opportunities Fund Institutional Class
- 1D
- -3.26%
- 1M
- -10.83%
- YTD
- -3.75%
- 6M
- 3.80%
- 1Y
- 53.66%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- 2.91%
- 1M
- -5.09%
- YTD
- -4.63%
- 6M
- -2.39%
- 1Y
- 16.33%
- 3Y*
- 16.69%
- 5Y*
- 10.18%
- 10Y*
- 12.16%
Monthly Returns
Based on dividend-adjusted daily data since Aug 7, 2024, HRNOX's average daily return is +0.15%, while the average monthly return is +3.00%. At this rate, your investment would double in approximately 2.0 years.
Historically, 80% of months were positive and 20% were negative. The best month was Nov 2024 with a return of +14.9%, while the worst month was Mar 2026 at -10.8%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 2 months.
On a daily basis, HRNOX closed higher 55% of trading days. The best single day was Apr 9, 2025 with a return of +11.1%, while the worst single day was Apr 3, 2025 at -7.5%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 5.65% | 2.17% | -10.83% | -3.75% | |||||||||
| 2025 | 3.80% | -8.49% | -10.47% | 0.45% | 10.67% | 11.00% | 3.55% | 7.48% | 7.80% | 5.55% | 1.20% | 0.96% | 35.76% |
| 2024 | 12.46% | 8.24% | 1.23% | 14.89% | -7.25% | 31.31% |
Benchmark Metrics
Hood River New Opportunities Fund Institutional Class has an annualized alpha of 19.46%, beta of 1.43, and R² of 0.70 versus S&P 500 Index. Calculated based on daily prices since August 08, 2024.
- This fund captured 282.72% of S&P 500 Index gains and 150.34% of its losses — amplifying both gains and losses, but participating more in upside than downside.
- This fund generated an annualized alpha of 19.46% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.
- Alpha
- 19.46%
- Beta
- 1.43
- R²
- 0.70
- Upside Capture
- 282.72%
- Downside Capture
- 150.34%
Expense Ratio
HRNOX has a high expense ratio of 0.95%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
HRNOX ranks 88 for risk / return — in the top 88% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Hood River New Opportunities Fund Institutional Class (HRNOX) and compare them to a chosen benchmark (S&P 500 Index).
| HRNOX | Benchmark | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.72 | 0.90 | +0.82 |
Sortino ratioReturn per unit of downside risk | 2.30 | 1.39 | +0.91 |
Omega ratioGain probability vs. loss probability | 1.30 | 1.21 | +0.09 |
Calmar ratioReturn relative to maximum drawdown | 3.23 | 1.40 | +1.83 |
Martin ratioReturn relative to average drawdown | 13.05 | 6.61 | +6.44 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Explore HRNOX risk-adjusted metrics in detail
Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.
Dividends
Dividend History
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 graphics...
Worst Drawdowns
The table below displays the maximum drawdowns of the Hood River New Opportunities Fund Institutional Class. 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 Hood River New Opportunities Fund Institutional Class was 31.44%, occurring on Apr 8, 2025. Recovery took 78 trading sessions.
The current Hood River New Opportunities Fund Institutional Class drawdown is 13.39%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -31.44% | Dec 5, 2024 | 84 | Apr 8, 2025 | 78 | Jul 31, 2025 | 162 |
| -13.39% | Jan 28, 2026 | 43 | Mar 30, 2026 | — | — | — |
| -9.93% | Oct 28, 2025 | 18 | Nov 20, 2025 | 5 | Nov 28, 2025 | 23 |
| -7.55% | Dec 12, 2025 | 4 | Dec 17, 2025 | 11 | Jan 5, 2026 | 15 |
| -4.79% | Oct 16, 2025 | 5 | Oct 22, 2025 | 3 | Oct 27, 2025 | 8 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading graphics...