3-Year Sortino Ratio: hedge funds vs. S&P 500 PR Index
4.00
3.50
3.00
2.50
2.00
1.50
1.00
0.50
0.00
All hedge funds
Equity strategies
Macro strategies
Event-driven strategies
Credit strategies
Relative value strategies
Multi-strategy
S&P 500 PR Index
0.85
0.55
3.62
0.72
0.18
1.92
0.85
0.27
Sortino Ratio (MAR = 2.0%)
Source: Preqin Pro. Data as of December 2022