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
141
1,950
Weighted Average Market Cap ($ Mil)
3,629
3,443
Median Market Cap ($ Mil)
2,601
790
Forecasted Tracking Error (Barra Predicted)
3.7%
-
Portfolio Beta (Barra Predicted)
0.98
-
Dividend Yield
1.5%
1.5%
Price/Earnings (Trailing 12 Months)
19.8x
19.7x
Price/Book Value
2.2x
3.4x
Annual Turnover (Trailing 12 Months)
26.1%
2See Disclosures
Performance Characteristics (Gross of Fees) 1, 4,
TWIN Small Cap
Alpha
0.1%
Tracking Error
5.2%
Information Ratio
0.01
Beta
0.86
Standard Deviation
12.9%
Sharpe Ratio
0.31
Upside Capture
88%
Downside Capture
91%
GICS® SECTOR WEIGHTS (%) 2,
TWIN Small Cap
Russell 2000® Index
Active
Communications Services
3.6
2.6
1.0
Consumer Discretionary
7.5
9.1
-1.7
Consumer Staples
4.1
3.1
1.0
Energy
4.8
5.1
-0.3
Financials
18.6
19.7
-1.1
Health Care
17.1
16.7
0.4
Industrials
16.2
17.7
-1.5
Information Technology
13.9
12.3
1.5
Materials
4.1
3.9
0.2
Real Estate
6.4
6.5
-0.1
Utilities
3.5
3.2
0.3
2See Disclosures
