| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | HBEIF | SPY | Δ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 · ytd | +28.4% | −0.7% | +23.2% | +58.7% | +128.3% | −29.1% | −3.1% | — | — | — | — | — | +291.0% | +9.3% | +281.7pp |
| 2025 | +8.3% | −21.4% | +13.9% | +1.1% | +1.1% | +11.8% | +83.2% | −3.5% | +31.7% | −28.4% | −3.8% | −3.4% | +71.7% | +17.7% | +54.0pp |
| 2024 | −25.8% | −24.6% | +11.3% | +14.2% | +29.4% | +3.2% | +0.4% | −31.5% | +15.5% | +77.9% | −25.1% | −3.4% | −2.9% | +24.9% | −27.8pp |
| 2023 | −9.5% | −10.1% | −15.4% | −12.3% | +4.9% | −15.2% | −12.6% | −30.2% | +1.3% | +13.3% | +5.1% | +20.6% | −52.3% | +26.2% | −78.5pp |
| 2022 | −5.7% | −9.4% | −1.8% | +10.2% | −11.9% | −4.0% | −13.3% | −15.4% | −5.1% | −0.6% | −23.9% | +9.4% | −55.0% | −18.2% | −36.8pp |
| 2021 | −19.4% | +117.3% | +0.8% | +10.5% | −4.3% | −26.4% | −8.6% | −19.7% | −19.7% | +12.6% | −7.4% | +29.6% | +9.3% | +28.7% | −19.4pp |
| 2020 | +40.0% | −71.0% | −12.2% | +0.0% | +368.0% | −3.3% | +93.8% | −2.3% | +25.3% | −33.1% | +25.3% | +2.2% | +227.2% | +18.3% | +208.9pp |
| 2019 · part | +33.7% | +26.1% | −23.8% | −18.6% | −24.4% | — | — | +32.4% | — | — | +0.0% | — | +4.7% | +31.2% | −26.6pp |
| 2018 | +78.2% | +18.6% | +6.8% | +10.6% | +47.2% | −8.6% | +8.5% | −52.0% | −18.4% | −0.5% | −35.9% | −32.5% | −38.6% | −4.6% | −34.0pp |
| 2017 · part | — | — | — | — | — | — | — | — | — | — | −37.8% | — | −37.8% | +21.7% | −59.5pp |
A month’s return is its month-end close over the prior month-end’s, so a year’s figure is exactly the product of its twelve monthly cells — no separate annualisation, no resampling. A blank cell means no return exists for that month (the series had not started, or it is the very first month-end, which has nothing to be measured against). Blank is never zero.
Basis. HBEIF is on the total return (splits + dividends) basis, SPY on the total return (splits + dividends) basis. Both columns are on the same basis, so the Δ column is a like-for-like difference.
Partial years. A year marked “ytd” or “part” does not cover the full calendar year: either the stored history starts inside it (the figure is measured from the first month-end present) or the data stops before December (the figure runs through the last stored close). The row’s own tooltip names the exact boundary. It is never dressed up as a calendar-year return.
End of day. These are stored end-of-day closes, and the window is anchored on the LAST stored bar rather than today’s date — so the newest row ends where the data ends. Nothing here is intraday.
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Years ⓘ | 9 | 9 | 9 | 9 | 9 | 8 | 8 | 8 | 7 | 7 | 9 | 7 |
| Positive ⓘ | 56% | 33% | 56% | 67% | 67% | 25% | 50% | 13% | 57% | 43% | 22% | 57% |
| Median | +8.3% | −9.4% | +0.8% | +10.2% | +4.9% | −6.3% | −1.4% | −17.5% | +1.3% | −0.5% | −7.4% | +2.2% |
| Best | +78.2% | +117.3% | +23.2% | +58.7% | +368.0% | +11.8% | +93.8% | +32.4% | +31.7% | +77.9% | +25.3% | +29.6% |
| Worst | −25.8% | −71.0% | −23.8% | −18.6% | −24.4% | −29.1% | −13.3% | −52.0% | −19.7% | −33.1% | −37.8% | −32.5% |
| vs SPY ⓘ | +5.7pp | −6.4pp | +0.3pp | +5.2pp | +4.4pp | −7.2pp | −1.6pp | −17.0pp | +6.0pp | +5.6pp | −6.6pp | −1.0pp |
99 monthly observations across 2017–2026, benchmark SPY. The highlighted column is the current calendar month. Months are calendar months, not rolling 30-day windows.
