Helion Strategies Horizon Fund is designed to complement traditional portfolios with a systematic volatility-aware investment approach that seeks to enhance resilience and generate asymmetric returns across market cycles.
This page provides an overview of the strategy’s historical behavior based on backtested results — helping investors understand how it may interact with diverse market environments.
Helion Strategies officially launched in September 2025. Monthly net-of-fee performance will be published here on a regular basis as reporting becomes available.
| YEAR | JAN | FEB | MAR | APR | MAY | JUN | JUL | AUG | SEP | OCT | NOV | DEC | YTD |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | - | - | - | - | - | - | - | - | 5.09% | 3.77% | (0.96%) | (0.99%) | 6.93% |
| 2026 | 1.96% | (2.31%) | (0.40%) |
Monthly performance is calculated on a time-weighted basis by NAV Fund Services and is presented net of all fund expenses, including management fees and accrued incentive allocations where applicable. Results reflect the performance of the Fund as a whole; individual investor returns may vary slightly due to the timing of capital subscriptions, redemptions, and administrative allocations. Past performance is not indicative of future results, and all investments involve risk, including the possible loss of principal.
The results presented reflect a proprietary backtest of Helion’s systematic strategy applied to SPX options and fixed-income allocations using historical ORATS data from 2013 through 2024.
The model was executed using Helion’s defined entry, exit, and allocation rules to approximate realistic market conditions. These results are hypothetical and provided for illustrative purposes only—they do not represent actual trading or investor experience. The backtest incorporates conservative entry assumptions and practical holding periods designed to reflect execution constraints. Actual results may differ materially.
| YEAR | Helion Gross | Helion Net | Helion Max Drawdown | S&P 500 | S&P 500 Max Drawdown | S&P Moderate Risk Index | S&P Mod. Risk Index Max Drawdown |
|---|---|---|---|---|---|---|---|
| 2013 | 49.2% | 37.8% | -10.5% | 32.4% | -5.8% | 10.5% | -4.8% |
| 2014 | 28.7% | 21.4% | -10.0% | 13.7% | -7.4% | 4.5% | -7.3% |
| 2015 | -13.6% | -15.6% | -23.7% | 1.4% | -12.3% | -1.1% | -7.1% |
| 2016 | 22.6% | 16.5% | -14.8% | 12.0% | -10.8% | 5.8% | -6.4% |
| 2017 | 50.2% | 38.6% | -8.7% | 21.8% | -2.8% | 11.8% | -1.8% |
| 2018 | 1.9% | -0.1% | -29.4% | -4.4% | -19.8% | -3.7% | -11.3% |
| 2019 | 83.9% | 65.5% | -15.1% | 31.5% | -6.8% | 15.7% | -3.9% |
| 2020 | 60.6% | 46.9% | -20.8% | 18.4% | -33.9% | 10.4% | -18.7% |
| 2021 | 36.3% | 27.4% | -9.3% | 28.7% | -5.1% | 7.1% | -4.2% |
| 2022 | -18.6% | -20.6% | -24.5% | -18.1% | -24.7% | -14.4% | -16.3% |
| 2023 | 28.7% | 21.4% | -15.3% | 26.3% | -10.2% | 12.4% | -5.8% |
| 2024 | 32.2% | 24.1% | -8.7% | 25.0% | -5.5% | 8.0% | -4.1% |
Helion Strategies launched in September 2025. The backtested results shown above are hypothetical and provided for informational purposes only to illustrate potential behavior across historical market cycles. Actual live performance will be updated above on a regular basis. Past performance is not indicative of future results.
Helion’s 11-year backtest generated a 19.7% net compound annual growth rate (CAGR) with a Sharpe ratio comparable to the S&P 500, while exhibiting materially improved convexity and more controlled drawdowns. Periodic volatility reflects mark-to-market movement during convexity seasoning—not forced deleveraging or structural equity dislocations. Results are hypothetical and provided for illustrative purposes only; they do not represent actual trading or investor experience. Backtesting incorporates conservative entry assumptions and realistic holding periods to approximate execution conditions. Actual results may differ materially. Performance is shown gross and net of fees where indicated, and transaction costs, management fees, and slippage would reduce realized returns. Past performance is not indicative of future results.
