Twin Small-Cap
This concentrated portfolio seeks to outperform the Russell 2000® index over a market cycle, while taking similar or less risk than the benchmark. The strategy utilizes TWIN’s dedicated Small-Cap model to capture alpha.
Annualized Returns †, 1,
†As of 3/31/2025. Performance is preliminary. Returns for periods greater than a year are annualized. Past performance is not necessarily indicative of future results.
1See Disclosures
Annual Rates of Return †, 1,
†As of 3/31/2025. Performance is preliminary. Returns for periods greater than a year are annualized. Past performance is not necessarily indicative of future results.
1See Disclosures
*Inception October 2013
Strategy Characteristics 2,
TWIN Small Cap
Russell 2000® Index
Number of Holdings
142
1,984
Weighted Average Market Cap ($ Mil)
4,087
3,405
Median Market Cap ($ Mil)
2,593
836
Forecasted Tracking Error (Barra Predicted)
4.0%
-
Portfolio Beta (Barra Predicted)
0.95
-
Dividend Yield
1.46%
1.43%
Price/Earnings (Trailing 12 Months)
20.7x
21.2x
Price/Book Value
2.4x
3.1x
Annual Turnover (Trailing 12 Months)
29.4%
2See Disclosures
Performance Characteristics (Gross of Fees) 1, 4,
TWIN Small Cap
Alpha
0.1%
Tracking Error
5.2%
Information Ratio
-0.02
Beta
0.86
Standard Deviation
12.9%
Sharpe Ratio
0.33
Upside Capture
88%
Downside Capture
90%
GICS® SECTOR WEIGHTS (%) 2,
TWIN Small Cap
Russell 2000® Index
Active
Communications Services
3.2
2.6
0.5
Consumer Discretionary
9.2
10.0
-0.8
Consumer Staples
3.9
2.2
1.7
Energy
4.3
4.9
-0.6
Financials
18.3
19.4
-1.1
Health Care
15.9
15.7
0.2
Industrials
18.2
17.1
1.1
Information Technology
13.9
14.7
-0.8
Materials
4.4
3.8
0.6
Real Estate
5.7
6.1
-0.4
Utilities
3.1
3.2
-0.1
2See Disclosures
