See what your fund actually adds

Saratoga Health & Biotechnology Portfolio Fund Class A SHPAX

Historical return decomposition and an investable replication portfolio, using data through 2026-10-09.

Fund and replication metrics

SHPAX compared with its replication portfolio
MeasureSHPAXReplication
Annualized growth6.7%7.8%
Annualized volatility14.8%14.3%
Sharpe ratio0.510.59
Maximum drawdown15.7%15.6%
Replication fit (R²)0.86 · Tracking error 5.6%

Replication portfolio

The published portfolio below is the investable basket used to model SHPAX’s historical return behavior.

SHPAX replication basket weights
TickerBuilding blockWeight
XLVSector · Healthcare79.3%
USMVFactor · Min Vol11.2%
VBRSmall-Cap · Value5.4%
XLPSector · Cons Staples4.2%