Summary
SHDG
Prices · period metrics · 12M
NAV as of 20/07/2026
02/04/2025 → 02/04/2026
Return 8.43% Volatility 12.94% Sharpe 0.56
Official loaded data — not a live quote.

SOUNDWATCH HEDGED EQUITY ETF

Symbol: SHDG

Exchange: BATS

Sector: Technology

Category: Equity Hedged

Inception date: 30/11/2016

Latest date: 20/07/2026

Current price: $32.62

Expense ratio: 0.91%

Assets under management
$162.4M
-0.07% daily change

Period performance

Adjusted cumulative ETF performance, normalized to the first available adjusted price in the selected period.

Adjusted return
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Performance metrics

Period total return

-0.17%

Ann. -44.48% (Sharpe / Sortino numerator)

Volatility

9.54%

Sharpe ratio

-5.044

VaR 95%

-1.05%

CVaR 95%: -1.08%
Max drawdown: -5.69%
Sortino ratio: -7.875
Calmar ratio: -7.82

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

2.09%

Ann. -17.33% (Sharpe / Sortino numerator)

Volatility

9.55%

Sharpe ratio

-2.195

VaR 95%

-1.05%

CVaR 95%: -1.24%
Max drawdown: -6.62%
Sortino ratio: -3.253
Calmar ratio: -2.62

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

1.39%

Ann. -4.70% (Sharpe / Sortino numerator)

Volatility

9.53%

Sharpe ratio

-0.875

VaR 95%

-1.09%

CVaR 95%: -1.32%
Max drawdown: -6.62%
Sortino ratio: -1.230
Calmar ratio: -0.71

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

8.43%

Ann. 10.85% (Sharpe / Sortino numerator)

Volatility

12.94%

Sharpe ratio

0.558

VaR 95%

-1.10%

CVaR 95%: -1.85%
Max drawdown: -6.62%
Sortino ratio: 0.683
Calmar ratio: 1.64

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

18.47%

Ann. 9.24% (Sharpe / Sortino numerator)

Volatility

11.83%

Sharpe ratio

0.475

VaR 95%

-1.18%

CVaR 95%: -1.73%
Max drawdown: -15.82%
Sortino ratio: 0.600
Calmar ratio: 0.58

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

36.87%

Ann. 12.04% (Sharpe / Sortino numerator)

Volatility

10.86%

Sharpe ratio

0.775

VaR 95%

-1.06%

CVaR 95%: -1.55%
Max drawdown: -15.82%
Sortino ratio: 1.017
Calmar ratio: 0.76

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Daily returns for period 12M

Daily simple returns from the same adjusted closes used by the performance chart: 21/07/2025 - 20/07/2026.

Methodology: adjusted prices + daily simple return
Average daily return

0.034%

Best day

1.556%

06/02/2026
Worst day

-1.81%

10/10/2025
Days with data

250

Recent price history (last 90 days)

Date Open High Low Close Volume
20/07/2026 $32.64 $32.69 $32.58 $32.62 2,700
17/07/2026 $32.76 $32.82 $32.64 $32.68 1,600
16/07/2026 $32.88 $32.88 $32.88 $32.88 100
15/07/2026 $32.92 $33.00 $32.92 $33.00 4,100
14/07/2026 $32.87 $32.89 $32.87 $32.89 500
13/07/2026 $32.94 $32.94 $32.83 $32.83 900
10/07/2026 $32.95 $33.00 $32.94 $33.00 2,000
09/07/2026 $32.88 $32.88 $32.88 $32.88 100
08/07/2026 $32.44 $32.69 $32.44 $32.69 16,300
07/07/2026 $32.79 $32.86 $32.65 $32.76 1,200