| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | HLNE | SPY | Δ |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 · ytd | +5.2% | −25.7% | −4.8% | −7.5% | −5.3% | −8.9% | +12.5% | — | — | — | — | — | −33.1% | +7.5% | −40.7pp |
| 2025 | +7.5% | −1.8% | −4.6% | +3.9% | −3.6% | −4.2% | +7.2% | +1.3% | −12.4% | −15.5% | +8.8% | +8.8% | −7.9% | +17.7% | −25.6pp |
| 2024 | +2.2% | −0.9% | −1.4% | −0.9% | +12.3% | −1.1% | +16.8% | +5.9% | +10.5% | +6.7% | +7.1% | −22.8% | +32.4% | +24.9% | +7.5pp |
| 2023 | +21.9% | −0.1% | −4.3% | −0.4% | −7.8% | +18.5% | +10.6% | +4.9% | −2.1% | −7.0% | +16.3% | +16.4% | +81.4% | +26.2% | +55.2pp |
| 2022 | −12.7% | −13.7% | −0.6% | −11.3% | +1.4% | −2.8% | +12.5% | −7.9% | −13.8% | +0.4% | +23.5% | −13.1% | −37.0% | −18.2% | −18.8pp |
| 2021 | −3.4% | +18.6% | −0.6% | +2.1% | −0.1% | +1.2% | +2.1% | −7.5% | −1.1% | +23.2% | +1.2% | −1.7% | +34.7% | +28.7% | +6.0pp |
| 2020 | +9.0% | −4.3% | −10.5% | +17.2% | +12.8% | −7.5% | +7.2% | +1.2% | −11.2% | +7.9% | +0.3% | +12.2% | +33.6% | +18.3% | +15.2pp |
| 2019 | −2.0% | +28.7% | −6.2% | +12.1% | +0.6% | +16.7% | +2.9% | +5.9% | −7.9% | +4.7% | −2.7% | +3.2% | +64.3% | +31.2% | +33.0pp |
| 2018 | +5.3% | −6.3% | +7.0% | +12.4% | +11.7% | +3.1% | +2.1% | −0.4% | −8.8% | −13.3% | −1.5% | −1.6% | +6.6% | −4.6% | +11.2pp |
| 2017 · part | — | — | — | +0.3% | +8.1% | +9.6% | +2.1% | +4.4% | +15.4% | +2.4% | +25.4% | +3.2% | +93.6% | +21.7% | +71.9pp |
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. HLNE 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 | 10 | 10 | 10 | 10 | 9 | 9 | 9 | 9 | 9 |
| Positive ⓘ | 67% | 22% | 11% | 60% | 60% | 50% | 100% | 67% | 22% | 67% | 78% | 56% |
| Median | +5.2% | −1.8% | −4.3% | +1.2% | +1.0% | +0.1% | +7.2% | +1.3% | −7.9% | +2.4% | +7.1% | +3.2% |
| Best | +21.9% | +28.7% | +7.0% | +17.2% | +12.8% | +18.5% | +16.8% | +5.9% | +15.4% | +23.2% | +25.4% | +16.4% |
| Worst | −12.7% | −25.7% | −10.5% | −11.3% | −7.8% | −8.9% | +2.1% | −7.9% | −13.8% | −15.5% | −2.7% | −22.8% |
| vs SPY ⓘ | +0.6pp | −0.5pp | −4.3pp | +1.2pp | +3.9pp | +0.7pp | +2.3pp | −0.7pp | −4.6pp | +0.0pp | +2.0pp | +2.0pp |
112 monthly observations across 2017–2026, benchmark SPY. The highlighted column is the current calendar month. Months are calendar months, not rolling 30-day windows.
