10-year Sharpe Ratio: hedge funds vs. S&P 500 PR Index
2.0
1.8
1.6
1.4
1.2
1.0
0.8
0.6
0.4
0.2
0
All hedge funds
Sharpe Ratio (RFR = 2.0%)
Equity strategies
Macro strategies
Event-driven strategies
Credit strategies
Relative value strategies
Multi-strategy
S&P 500 PR Index
0.88
0.67
1.49
0.69
0.79
0.96
0.57
Source: Preqin Pro. Data as of December 2022
1.57