HCIEX Performance — The International Equity Portfolio
Data updated: 2026-09-10
HCIEX returned +10.00% year to date and +21.18% over one year to Jun 2026. Annualised returns are +16.51% over 3 years and +9.64% over 5 years. The fund beat its International Large Blend category average: $100 invested three years ago grew to $158, against $155 for the category, and to $121 over one year, against $119. Volatility over the past three years was 12.39% a year. In the 12 months to Jun 2026 the fund lost a net $22.3M, and assets reached $714.10M.
HCIEX Growth of $100
What $100 invested in The International Equity Portfolio grew to, compounded from monthly returns reported on SEC Form N-PORT, against the International Large Blend category average over the same months.
| Period | HCIEX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $121 | $119 |
| 3 years (Jul 2023 – Jun 2026) | $158 | $155 |
| 5 years (Jul 2021 – Jun 2026) | $158 | $146 |
| Since data start (Jul 2019 – Jun 2026) | $201 | $189 |
HCIEX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +10.00% |
| 1 year | +21.18% |
| 3 years (annualised) | +16.51% |
| 5 years (annualised) | +9.64% |
HCIEX Annual Returns
Calendar-year total returns of The International Equity Portfolio, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +10.00% |
| 2025 | +31.46% |
| 2024 | +3.38% |
| 2023 | +17.62% |
| 2022 | −12.40% |
| 2021 | +13.71% |
| 2020 | +6.24% |
| 2019 (Jul–Dec) | +8.22% |
HCIEX 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 | +4.6% | +5.3% | −7.6% | +5.7% | +2.1% | +0.2% | — | — | — | — | — | — |
| 2025 | +4.7% | +2.5% | −0.2% | +3.9% | +4.9% | +2.3% | −2.1% | +4.9% | +2.2% | +0.9% | +1.0% | +3.1% |
| 2024 | −0.2% | +2.8% | +3.5% | −3.0% | +4.7% | −2.1% | +2.9% | +2.8% | +0.4% | −5.1% | +0.5% | −3.3% |
| 2023 | +8.2% | −3.2% | +2.6% | +2.6% | −4.1% | +5.1% | +2.7% | −3.2% | −3.7% | −3.2% | +8.7% | +5.1% |
| 2022 | −3.5% | −2.6% | +0.8% | −6.5% | +2.0% | −9.4% | +5.4% | −5.7% | −9.0% | +6.8% | +12.8% | −1.8% |
| 2021 | −1.1% | +2.4% | +2.6% | +3.5% | +4.2% | −1.4% | +0.7% | +1.5% | −3.2% | +3.1% | −4.1% | +5.1% |
| 2020 | −2.3% | −7.8% | −14.9% | +6.5% | +4.9% | +3.7% | +1.8% | +4.9% | −2.8% | −4.0% | +14.3% | +4.8% |
| 2019 | — | — | — | — | — | — | −2.4% | −2.6% | +3.6% | +3.9% | +1.8% | +3.8% |
HCIEX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 12.39%
- 3-year Sharpe ratio: 0.97 (vs 4.5% risk-free rate)
- Best month: +8.66% (Nov 2023)
- Worst month: −7.61% (Mar 2026)
HCIEX Fund Flows
Monthly money in and out of The International Equity Portfolio, from SEC Form N-PORT.
- 12-month net flow: −$22.3M
- 12-month gross sales (incl. reinvestments): $5.9M
- Sales ÷ redemptions: 0.21×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $3.8M | $1.9M | $2.0M |
| May 2026 | $16K | $3.4M | −$3.3M |
| Apr 2026 | $13K | $1.2M | −$1.1M |
| Mar 2026 | $201K | $1.8M | −$1.6M |
| Feb 2026 | $78K | $2.3M | −$2.2M |
| Jan 2026 | $156K | $3.5M | −$3.4M |
| Dec 2025 | $1.1M | $2.7M | −$1.6M |
| Nov 2025 | $281 | $1.5M | −$1.5M |
| Oct 2025 | $91K | $1.7M | −$1.6M |
| Sep 2025 | $77K | $2.1M | −$2.1M |
| Aug 2025 | $341K | $5.2M | −$4.9M |
| Jul 2025 | $15K | $1.0M | −$1.0M |
HCIEX Assets Under Management
Net assets of The International Equity Portfolio by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $714.10M |
| 2026-03-31 | $677.57M |
| 2025-12-31 | $672.60M |
| 2025-09-30 | $648.91M |
| 2025-06-30 | $626.13M |
| 2025-03-31 | $576.68M |
| 2024-12-31 | $542.25M |
| 2024-09-30 | $596.48M |
| 2024-06-30 | $567.29M |
| 2024-03-31 | $580.51M |
| 2023-12-31 | $556.42M |
| 2023-09-30 | $517.59M |
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.