Hennessee Healthcare and Biotech Index

The funds in the Hennessee Healthcare and Biotech Index typically have long and short equity positions in medical related stocks, which include biotechnology, pharmaceuticals, HMO's, medical devices, etc.

Summary Statistics (1997 - 2006)

_
Annualized Compound Return
Standard Deviation
Sharpe Ratio
Sortino Ratio
Annualized Alpha (vs. Benchmark)
Correlation (vs. Benchmark)
Hennessee Healthcare and Biotech Index 14.70% 20.46% 0.52 0.82 N/A N/A
S&P 500 Index 6.71% 15.33% 0.17 0.12 12.83% 0.35
NASDAQ 6.47% 28.73% 0.19 0.06 11.43% 0.65
_
Number of Months
% of Months Positive
Largest Consecutive Loss
Value of $1000 (invested since inception)
Positive Negative % Months Peak Valley
Hennessee Healthcare and Biotech Index 73 47 61% -24.70% 4 May-98 Aug-98 $3,942
S&P 500 Index 73 47 61% 20.55% 4 Apr-02 Jul-02 $1,915
NASDAQ 63 57 53% -41.26% 4 Sep-00 Dec-00 $1,872

Monthly Returns (1997 - 2006)

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2006 3.78% 2.17% 0.83% (2.19%) (1.81%) (0.89%) (0.30%) 1.43% 0.10% 1.66% 0.54% 0.92% 6.25%
2005 (2.04%) (1.85%) (2.68%) 0.04% 1.63% 1.88% 4.25% 0.08% 0.61% (2.69%) 1.55% 2.09% 2.62%
2004 3.32% 1.33% 1.03% 0.36% (0.76%) (1.07%) (2.77%) 0.05% 2.04% (0.70%) 1.63% 3.10% 7.64%
2003 0.38% (0.83%) 1.58% 3.91% 7.79% 2.92% 4.95% 1.86% 2.19% 0.92% 0.57% 1.95% 31.76%
2002 (3.67%) (2.91%) 3.54% (3.23%) (2.04%) (5.25%) (2.53%) (0.54%) (4.72%) 2.42% 3.55% (2.62%) (17.03%)
2001 (3.09%) (3.65%) (5.76%) 7.45% 4.55% 3.24% (7.17%) (1.34%) (5.10%) 4.18% 4.34% 1.47% (2.16%)
2000 12.50% 37.11% (17.34%) (5.12%) (1.38%) 14.83% 0.66% 11.75% 4.55% (0.17%) (4.62%) 5.84% 62.37%
1999 5.50% (1.98%) 2.31% (0.68%) 2.79% 4.46% 6.27% 5.50% (2.44%) (0.81%) 7.82% 21.62% 60.52%
1998 (2.39%) 4.38% 3.53% 1.92% (3.40%) (2.24%) (4.63%) (16.39%) 10.28% 6.21% 5.41% 6.07% 6.02%
1997 3.40% (0.09%) (5.54%) (3.47%) 10.16% 1.72% 1.29% 1.59% 3.96% 1.63% (0.94%) (0.04%) 13.63%

To download the monthly performance data in an excel spreadsheet, click here. Excel

 

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