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 12/31/2024. 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 12/31/2024. 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
143
1,961
Weighted Average Market Cap ($ Mil)
3,503
3,557
Median Market Cap ($ Mil)
2,514
929
Forecasted Tracking Error (Barra Predicted)
3.7%
-
Portfolio Beta (Barra Predicted)
0.98
-
Dividend Yield
1.3%
1.4%
Price/Earnings (Trailing 12 Months)
20.4x
22.1x
Price/Book Value
2.7x
3.3x
Annual Turnover (Trailing 12 Months)
26.1%
2See Disclosures
Performance Characteristics (Gross of Fees) 1, 4,
TWIN Small Cap
Alpha
-0.2%
Tracking Error
5.2%
Information Ratio
-0.04
Beta
0.87
Standard Deviation
12.9%
Sharpe Ratio
0.36
Upside Capture
88%
Downside Capture
91%
GICS® SECTOR WEIGHTS (%) 2,
TWIN Small Cap
Russell 2000® Index
Active
Communications Services
3.4
2.7
0.7
Consumer Discretionary
10.4
9.7
0.7
Consumer Staples
3.8
2.8
1.0
Energy
5.3
5.1
0.2
Financials
17.5
18.6
-1.1
Health Care
15.7
16.3
-0.6
Industrials
16.6
17.8
-1.2
Information Technology
13.3
13.8
-0.5
Materials
4.3
4.3
0.0
Real Estate
6.2
6.1
0.1
Utilities
3.1
2.7
0.4
2See Disclosures