HCMAX
Hillman Value Fund
ALPS SERIES TRUST

Average annual returns

Through 2025
1 year
10.09%
3 year
12.85%
5 year
9.48%
10 year
11.48%

Standardized average annual total returns (before tax), from calendar-year returns; recent years derived from N-PORT monthly data.

Calendar-year returns

Risk statistics

63 months through March 31, 2026
Volatility (ann.)
12.79%
Sharpe
0.72
Sortino
1.18
Max drawdown
-21.27%
Best month
9.68%
Worst month
-8.72%
Beta vs VTSAX
0.85
Correlation
0.84

Derived from N-PORT monthly total returns; distinct from the prospectus returns above.

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