Easterly Hedged Equity Fund (JDIEX)

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

Easterly Hedged Equity Fund (JDIEX) has returned -2.00% so far this year and 9.96% over the past 12 months. Over the last ten years, JDIEX has returned 7.89% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Jan 4, 2016, JDIEX's average daily return is +0.03%, while the average monthly return is +0.64%. At this rate, your investment would double in approximately 9.1 years.

Historically, 72% of months were positive and 28% were negative. The best month was Oct 2022 with a return of +5.3%, while the worst month was Feb 2020 at -4.5%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 3 months.

On a daily basis, JDIEX closed higher 49% of trading days. The best single day was Dec 9, 2021 with a return of +10.7%, while the worst single day was Dec 10, 2021 at -9.5%.

Easterly Hedged Equity Fund has an annualized alpha of 1.87%, beta of 0.49, and R² of 0.66 versus S&P 500 Index. Calculated based on daily prices since January 05, 2016.

• This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (42.29%) than losses (38.08%) — typical of diversified or defensive assets.
• Beta of 0.49 indicates this fund moves significantly less than S&P 500 Index — a genuinely defensive profile with reduced participation in both market rallies and downturns.

JDIEX has a high expense ratio of 1.26%, indicating above-average management fees.

JDIEX ranks 46 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.

The table below present risk-adjusted performance metrics for Easterly Hedged Equity Fund (JDIEX) and compare them to a chosen benchmark (S&P 500 Index).

Easterly Hedged Equity Fund provided a 0.00% dividend yield over the last twelve months, with an annual payout of $0.00 per share.

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

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.

The table below displays the maximum drawdowns of the Easterly Hedged Equity 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 Easterly Hedged Equity Fund was 17.63%, occurring on Mar 23, 2020. Recovery took 79 trading sessions.

The current Easterly Hedged Equity Fund drawdown is 3.23%.

The chart below shows the rolling one-month volatility.