HSIEX Performance — Hussman Strategic International Fund
Data updated: 2023-05-26
HSIEX returned −18.51% over one year to Mar 2023. The annualised 3-year return is −16.48%. The fund trailed its Money Market category average: $100 invested three years ago grew to $58, against $119 for the category, and to $81 over one year, against $94. Volatility over the past three years was 4.70% a year. In the 12 months to Mar 2023 the fund lost a net $508K, and assets reached $13.99M.
HSIEX Growth of $100
What $100 invested in Hussman Strategic International Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Money Market category average over the same months.
| Period | HSIEX | Category average |
|---|---|---|
| 1 year (Apr 2022 – Mar 2023) | $81 | $94 |
| 3 years (Apr 2020 – Mar 2023) | $58 | $119 |
| Since data start (Jan 2020 – Mar 2023) | $58 | $103 |
HSIEX Trailing Returns
Total returns to Mar 2023, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | −18.51% |
| 3 years (annualised) | −16.48% |
HSIEX Annual Returns
Calendar-year total returns of Hussman Strategic International Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2023 (Jan–Mar) | −3.94% |
| 2022 | −19.02% |
| 2021 | −20.85% |
| 2020 | −5.49% |
HSIEX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | −1.2% | −0.7% | −2.0% | — | — | — | — | — | — | — | — | — |
| 2022 | −0.3% | −1.0% | −3.3% | −2.0% | −2.0% | −3.7% | −3.4% | −1.8% | −3.2% | −0.6% | 0.0% | +0.3% |
| 2021 | −1.0% | −3.3% | −0.3% | −1.7% | −0.9% | −2.2% | −1.7% | −2.4% | −0.6% | −4.0% | −3.4% | −1.4% |
| 2020 | 0.0% | 0.0% | −0.1% | +1.2% | +0.4% | −2.0% | −1.4% | −1.6% | +1.0% | −2.8% | +0.4% | −0.6% |
HSIEX Risk
Risk measures from monthly returns over Apr 2020 – Mar 2023.
- 3-year volatility (annualised): 4.70%
- 3-year Sharpe ratio: -4.47 (vs 4.5% risk-free rate)
- Best month: +1.20% (Apr 2020)
- Worst month: −4.04% (Oct 2021)
HSIEX Fund Flows
Monthly money in and out of Hussman Strategic International Fund, from SEC Form N-PORT.
- 12-month net flow: −$508K
- 12-month gross sales (incl. reinvestments): $1.1M
- Sales ÷ redemptions: 0.68×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Mar 2023 | $22K | $62K | −$41K |
| Feb 2023 | $31K | $72K | −$41K |
| Jan 2023 | $22K | $90K | −$68K |
| Dec 2022 | $308K | $153K | $154K |
| Nov 2022 | $131K | $103K | $29K |
| Oct 2022 | $69K | $341K | −$273K |
| Sep 2022 | $84K | $223K | −$140K |
| Aug 2022 | $55K | $95K | −$40K |
| Jul 2022 | $63K | $28K | $34K |
| Jun 2022 | $15K | $19K | −$4K |
| May 2022 | $211K | $279K | −$68K |
| Apr 2022 | $77K | $129K | −$52K |
HSIEX Assets Under Management
Net assets of Hussman Strategic International Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2023-03-31 | $13.99M |
| 2022-12-31 | $14.05M |
| 2022-09-30 | $13.80M |
| 2022-06-30 | $14.48M |
| 2022-03-31 | $15.08M |
| 2021-12-31 | $14.21M |
| 2021-09-30 | $15.29M |
| 2021-06-30 | $14.87M |
| 2021-03-31 | $14.87M |
| 2020-12-31 | $14.79M |
| 2020-09-30 | $14.96M |
| 2020-06-30 | $14.99M |
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.