EQHEX Performance — Equable Shares Hedged Equity Fund, Class I
Data updated: 2025-09-05
EQHEX returned +8.90% over one year to Jul 2025. Annualised returns are +10.26% over 3 years and +8.38% over 5 years. The fund trailed its US Large Blend category average: $100 invested three years ago grew to $134, against $147 for the category, and to $109 over one year, against $112. Volatility over the past three years was 5.96% a year. In the 12 months to Jul 2025 the fund took in a net $51.4M, and assets reached $267.55M.
EQHEX Growth of $100
What $100 invested in Equable Shares 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 | EQHEX | Category average |
|---|---|---|
| 1 year (Aug 2024 – Jul 2025) | $109 | $112 |
| 3 years (Aug 2022 – Jul 2025) | $134 | $147 |
| 5 years (Aug 2020 – Jul 2025) | $150 | $180 |
| Since data start (Feb 2020 – Jul 2025) | $147 | $184 |
EQHEX Trailing Returns
Total returns to Jul 2025, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +8.90% |
| 3 years (annualised) | +10.26% |
| 5 years (annualised) | +8.38% |
EQHEX Annual Returns
Calendar-year total returns of Equable Shares Hedged Equity Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2025 (Jan–Jul) | +4.82% |
| 2024 | +10.09% |
| 2023 | +14.62% |
| 2022 | −6.09% |
| 2021 | +12.86% |
| 2020 (Feb–Dec) | +5.00% |
EQHEX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | +1.5% | +0.3% | −2.2% | −0.2% | +2.7% | +1.7% | +1.0% | — | — | — | — | — |
| 2024 | +0.7% | +0.8% | +1.2% | −0.7% | +2.3% | +0.7% | +0.7% | +1.2% | +1.3% | 0.0% | +1.9% | −0.6% |
| 2023 | +3.1% | +0.2% | +2.1% | +1.1% | +0.7% | +1.7% | +0.8% | +0.7% | −1.3% | −0.5% | +3.8% | +1.4% |
| 2022 | −1.7% | −1.8% | +0.5% | −2.6% | +1.4% | −6.2% | +3.1% | +0.1% | −4.9% | +4.8% | +2.6% | −0.9% |
| 2021 | −0.5% | +2.0% | +1.9% | +1.5% | +0.6% | +0.9% | +0.7% | +0.7% | −1.3% | +3.3% | −0.3% | +2.8% |
| 2020 | — | −5.7% | −7.4% | +6.5% | +1.6% | +1.3% | +2.8% | +1.2% | −0.2% | −0.9% | +5.3% | +1.2% |
EQHEX Risk
Risk measures from monthly returns over Aug 2022 – Jul 2025.
- 3-year volatility (annualised): 5.96%
- 3-year Sharpe ratio: 0.97 (vs 4.5% risk-free rate)
- Best month: +4.82% (Oct 2022)
- Worst month: −4.94% (Sep 2022)
EQHEX Fund Flows
Monthly money in and out of Equable Shares Hedged Equity Fund, from SEC Form N-PORT.
- 12-month net flow: $51.4M
- 12-month gross sales (incl. reinvestments): $86.8M
- Sales ÷ redemptions: 2.46×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2025 | $4.5M | $1.9M | $2.6M |
| Jun 2025 | $7.6M | $2.5M | $5.1M |
| May 2025 | $5.5M | $2.6M | $2.9M |
| Apr 2025 | $7.8M | $2.3M | $5.6M |
| Mar 2025 | $10.0M | $2.9M | $7.1M |
| Feb 2025 | $4.8M | $1.1M | $3.7M |
| Jan 2025 | $6.3M | $4.9M | $1.4M |
| Dec 2024 | $12.0M | $6.1M | $6.0M |
| Nov 2024 | $4.0M | $5.0M | −$955K |
| Oct 2024 | $12.6M | $1.5M | $11.1M |
| Sep 2024 | $8.0M | $2.4M | $5.6M |
| Aug 2024 | $3.5M | $2.2M | $1.3M |
EQHEX Assets Under Management
Net assets of Equable Shares Hedged Equity Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2025-07-31 | $267.55M |
| 2025-04-30 | $244.59M |
| 2025-01-31 | $234.24M |
| 2024-10-31 | $226.00M |
| 2024-07-31 | $203.88M |
| 2024-04-30 | $185.56M |
| 2024-01-31 | $174.18M |
| 2023-10-31 | $156.16M |
| 2023-07-31 | $146.05M |
| 2023-04-30 | $147.55M |
| 2023-01-31 | $129.90M |
| 2022-10-31 | $108.90M |
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.