CVRDX Performance — Connors Hedged Equity Fund, Institutional Class
Data updated: 2026-07-27
CVRDX returned +6.16% year to date and +17.13% over one year to May 2026. The annualised 3-year return is +15.35%. The fund trailed its US Large Blend category average: $100 invested three years ago grew to $153, against $165 for the category, and to $117 over one year, against $122. Volatility over the past three years was 9.34% a year. In the 12 months to May 2026 the fund took in a net $8.2M, and assets reached $65.10M.
CVRDX Growth of $100
What $100 invested in Connors Hedged Equity Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Large Blend category average over the same months.
| Period | CVRDX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $117 | $122 |
| 3 years (Jun 2023 – May 2026) | $153 | $165 |
| Since data start (Feb 2022 – May 2026) | $149 | $156 |
CVRDX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +6.16% |
| 1 year | +17.13% |
| 3 years (annualised) | +15.35% |
CVRDX Annual Returns
Calendar-year total returns of Connors Hedged Equity Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +6.16% |
| 2025 | +9.46% |
| 2024 | +18.28% |
| 2023 | +14.95% |
| 2022 (Feb–Dec) | −5.46% |
CVRDX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +1.2% | 0.0% | −3.5% | +5.9% | +2.7% | — | — | — | — | — | — | — |
| 2025 | +3.1% | −0.8% | −5.4% | −1.2% | +3.9% | +3.9% | +1.2% | +1.6% | +1.9% | +1.1% | +0.4% | −0.1% |
| 2024 | +1.6% | +4.1% | +2.3% | −2.3% | +2.8% | +1.9% | +0.7% | +2.9% | +1.9% | −0.6% | +4.3% | −2.3% |
| 2023 | +2.5% | −2.0% | +2.0% | +1.5% | −1.1% | +5.0% | +1.8% | −0.7% | −3.5% | −1.2% | +6.3% | +3.8% |
| 2022 | — | −1.5% | +0.9% | −4.6% | +0.2% | −5.6% | +4.6% | −2.3% | −5.7% | +8.8% | +3.8% | −3.2% |
CVRDX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 9.34%
- 3-year Sharpe ratio: 1.16 (vs 4.5% risk-free rate)
- Best month: +6.26% (Nov 2023)
- Worst month: −5.41% (Mar 2025)
CVRDX Fund Flows
Monthly money in and out of Connors Hedged Equity Fund, from SEC Form N-PORT.
- 12-month net flow: $8.2M
- 12-month gross sales (incl. reinvestments): $12.6M
- Sales ÷ redemptions: 2.89×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $999K | $229K | $770K |
| Apr 2026 | $347K | $188K | $159K |
| Mar 2026 | $1.6M | $1.3M | $296K |
| Feb 2026 | $1.1M | $260K | $790K |
| Jan 2026 | $2.2M | $122K | $2.1M |
| Dec 2025 | $746K | $416K | $330K |
| Nov 2025 | $1.4M | $398K | $974K |
| Oct 2025 | $1.4M | $473K | $904K |
| Sep 2025 | $603K | $386K | $216K |
| Aug 2025 | $990K | $35K | $955K |
| Jul 2025 | $893K | $147K | $747K |
| Jun 2025 | $454K | $436K | $18K |
CVRDX Assets Under Management
Net assets of Connors Hedged Equity Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $65.10M |
| 2026-02-28 | $60.82M |
| 2025-11-30 | $57.25M |
| 2025-08-31 | $53.34M |
| 2025-05-31 | $48.29M |
| 2025-02-28 | $46.88M |
| 2024-11-30 | $40.89M |
| 2024-08-31 | $37.29M |
| 2024-05-31 | $31.84M |
| 2024-02-29 | $28.50M |
| 2023-11-30 | $25.26M |
| 2023-08-31 | $22.32M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.