Performance analysis of SPE (Special Opportunities Fund)
Annual Return
Over the past 3 years, SPE has had an average annual return of +20.60%, underperforming the benchmark SPY, which returned +22.77% annual.
Over the past 5 years, SPE has had an average annual return of +9.13%, underperforming the benchmark SPY, which returned +14% annual.
Over the past 10 years, SPE has had an average annual return of +11.69%, underperforming the benchmark SPY, which returned +15.53% annual.
Since Nov 1, 1999, SPE has had an average annual return of +9.03%, outperforming the benchmark SPY, which returned +8.59% annual.
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| -1.04% | +14.78% | +34.45% | +14.13% | -18.33% | +23.62% | +5% | +32.93% | -9.25% | +26.95% | +9.51% | -6.13% |
| 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 |
| -3.56% | +31.23% | +14.05% | +1.89% | +4.90% | +50.37% | -14.82% | +0.50% | +10.90% | +2.62% | -0.03% | +9.47% |
| 2002 | 2001 | 2000 | 1999 | ||||||||
| +10.91% | +10.95% | +17.61% | -4.22% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +1.97% | +1% | -7.00% | +6.10% | -2.13% | -0.50% | -1.04% | ||||||
| 2025 | +6.58% | -0.65% | -0.90% | -2.32% | +4.80% | +2.99% | +0.12% | +2.54% | -0.45% | -1.23% | +1.79% | +0.98% | +14.78% |
| 2024 | +1.91% | +3.14% | +3.81% | -1.53% | +4.40% | +2.93% | +5.02% | +1.88% | +1.49% | +6.81% | +5.14% | -4.52% | +34.45% |
| 2023 | +3.40% | -0.82% | -4.27% | +1.99% | -1.65% | +4.70% | +3.91% | -0.45% | -3.63% | -4.63% | +9.65% | +6.21% | +14.13% |
| 2022 | -3.96% | -1.92% | +5.46% | -7.16% | -1.57% | -7.55% | +5.52% | +1.30% | -13.91% | +6.45% | +6.02% | -6.29% | -18.33% |
| 2021 | +3.16% | +2.03% | +0.85% | +3.10% | +3.03% | -0.75% | +2.10% | +1.94% | -0.59% | +3.96% | -0.66% | +3.39% | +23.62% |
| 2020 | +0.29% | -7.46% | -28.98% | +9.44% | +3.52% | +7.62% | +7.34% | +7.44% | -2.32% | -7.26% | +15.40% | +8.37% | +5% |
| 2019 | +9.80% | +1.62% | +1.74% | +1.39% | -2.25% | +4.99% | +2.60% | -0.95% | +3.59% | -0.73% | +2.75% | +4.81% | +32.93% |
| 2018 | +3.50% | -3.51% | -0.81% | +2.17% | +0.07% | -0.33% | +0.60% | -0.33% | +1.59% | -9.81% | +3.90% | -5.80% | -9.25% |
| 2017 | +3.30% | +2.43% | +1.16% | +2.47% | +0.60% | +0.93% | +1.44% | +0.59% | +2.24% | +0.14% | +0.57% | +8.51% | +26.95% |
Drawdown analysis of SPE (Special Opportunities Fund)
The maximum drawdown for the SPE was -46.84%, occurring on Mar 23, 2020. Recovery took 184 trading sessions.
The current SPE drawdown is -4.36%.
Since Nov 1, 1999 SPE has experienced the following drawdowns:
- 40% or more: 1 time
- 30% or more: 2 times
- 20% or more: 3 times
- 10% or more: 9 times
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -46.84% | Feb 19, 2020 | 23 | Mar 23, 2020 | 184 | Dec 11, 2020 | 207 |
| -32.95% | Jun 5, 2008 | 89 | Oct 10, 2008 | 135 | Apr 27, 2009 | 224 |
| -24.14% | Jan 7, 2022 | 182 | Sep 29, 2022 | 373 | Mar 26, 2024 | 555 |
| -18.46% | Dec 31, 2013 | 532 | Feb 11, 2016 | 134 | Aug 23, 2016 | 666 |
| -17.47% | Jan 26, 2018 | 229 | Dec 24, 2018 | 118 | Jun 14, 2019 | 347 |
| -13.69% | Feb 20, 2025 | 32 | Apr 7, 2025 | 30 | May 20, 2025 | 62 |
| -13.12% | Mar 15, 2004 | 67 | Jun 21, 2004 | 303 | Aug 31, 2005 | 370 |
| -12.14% | Jul 22, 2011 | 51 | Oct 4, 2011 | 77 | Jan 25, 2012 | 128 |
| -12.05% | Oct 6, 2009 | 188 | Jul 7, 2010 | 72 | Oct 18, 2010 | 260 |
| -9.71% | Jun 17, 2003 | 49 | Aug 26, 2003 | 100 | Jan 20, 2004 | 149 |
| -9.32% | Jan 15, 2026 | 50 | Mar 30, 2026 | Ongoing | Ongoing | Ongoing |
| -9.22% | May 16, 2007 | 64 | Aug 16, 2007 | 111 | Jan 25, 2008 | 175 |
| -8.92% | Nov 15, 1999 | 23 | Dec 17, 1999 | 115 | Jun 2, 2000 | 138 |
| -8.82% | Sep 1, 2016 | 45 | Nov 4, 2016 | 49 | Jan 18, 2017 | 94 |
| -8.09% | Mar 26, 2012 | 71 | Jul 6, 2012 | 59 | Sep 28, 2012 | 130 |
| -7.58% | Jan 25, 2008 | 35 | Mar 17, 2008 | 40 | May 13, 2008 | 75 |
| -7.42% | May 28, 2013 | 20 | Jun 25, 2013 | 76 | Oct 11, 2013 | 96 |
| -7.12% | Sep 12, 2002 | 30 | Oct 24, 2002 | 128 | Apr 30, 2003 | 158 |
| -6.49% | Dec 13, 2024 | 4 | Dec 19, 2024 | 22 | Jan 24, 2025 | 26 |
| -5.98% | Sep 6, 2005 | 53 | Nov 18, 2005 | 38 | Jan 17, 2006 | 91 |
| -5.90% | Jul 15, 2024 | 15 | Aug 5, 2024 | 8 | Aug 15, 2024 | 23 |
| -5.74% | May 21, 2009 | 17 | Jun 16, 2009 | 19 | Jul 14, 2009 | 36 |
| -5.42% | Nov 16, 2021 | 23 | Dec 20, 2021 | 5 | Dec 28, 2021 | 28 |
| -5.02% | Mar 29, 2006 | 76 | Jul 18, 2006 | 31 | Aug 30, 2006 | 107 |
| -4.60% | Sep 17, 2001 | 4 | Sep 21, 2001 | 5 | Sep 28, 2001 | 9 |