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 09/30/2026. 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 09/30/2026. 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
139
1,973
Weighted Average Market Cap ($ Mil)
8,064
3,823
Median Market Cap ($ Mil)
4,021
1,004
Forecasted Tracking Error (Barra Predicted)
5.7%
-
Portfolio Beta (Barra Predicted)
1.00
-
Dividend Yield
1.53%
1.33%
Price/Earnings (Trailing 12 Months)
21.0x
-
Price/Book Value
3.4x
-
Annual Turnover (Trailing 12 Months)
0.0%
2See Disclosures
Performance Characteristics (Gross of Fees) 1, 4,
TWIN Small Cap
Alpha
0.2%
Tracking Error
5.2%
Information Ratio
0.03
Beta
0.87
Standard Deviation
12.6%
Sharpe Ratio
0.42
Upside Capture
90%
Downside Capture
91%
GICS® SECTOR WEIGHTS (%) 2,
TWIN Small Cap
Russell 2000® Index
Active
Communications Services
3.3
2.5
0.9
Consumer Discretionary
8.1
8.8
-0.8
Consumer Staples
4.1
1.9
2.1
Energy
5.6
6.7
-1.1
Financials
14.2
18.9
-4.8
Health Care
17.9
20.4
-2.6
Industrials
16.4
14.0
2.4
Information Technology
19.4
13.7
5.7
Materials
3.4
4.2
-0.7
Real Estate
4.9
5.7
-0.7
Utilities
2.8
2.7
0.0
2See Disclosures
