Millennium Management returned 13.61% with a Sharpe ratio of 4.82 in 2021. The hedge fund’s Sharpe ratio exceeded those of the S&P 500 and hedge fund indices. Millennium recorded winning days on 61% of the trading days in 2021. Fund management said their history shows that their percentage of winning days is an essential indicator of their full-year results. Q4 2021 hedge fund letters, conferences and more Millennium reported that the HFRI index returned 10.52% for 2021, while the S&P 500 gained 28.71%. The HFRI index had a Sharpe ratio of 1.83 last year, while the S&P’s ratio was 2.59….
Millennium’s Israel Englander Highlights Recent Volatility, Team Expansion [Exclusive]
Michelle deBoer-Jones
Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.