Hoperation Fund
2026 Investment Overview
This page provides a summary of the monthly returns of the Hoperation Fund’s investment portfolio in 2026, together with screenshots from its investment account. Each screenshot shows the opening and closing balance for the month, as well as cash inflows from contributor capital and fundraising activities and funds withdrawn for charitable donations.
2026 Overview
As of June 30, 2026, the YTD return of the Hoperation Fund Investment Portfolio was 19.63%. Since its inception in June 2023, the portfolio has delivered a cumulative return of 143.2%, significantly outperforming major benchmarks such as the SPY (S&P 500 Index ETF) and QQQ (Nasdaq-100 Index ETF), which returned 85.6% and 116.1%, respectively. Over the past three years, the compound annualized growth rate (CAGR) of the Hoperation Fund Investment Portfolio achieves 33.4%.
2026.1
In January, our investment portfolio achieved a 5.77% return, increasing the Hoperation Fund's balance to $29051.09.
We allocated 35% of capital to our new 2026 portfolio. The portfolio includes EWY, EWZ, EWW, CQQQ, SHLD, and GLDM with equal weights.
2026.2
In February, the investment portfolio returned -3.97%. As a result, the Hoperation Fund's balance is $27898.16.
We accidentally liquidated the entire 2026 Portfolio but repurchased the positions the following day.
2026.3
In March, the investment portfolio returned -8.18%. As a result, the Hoperation Fund’s balance was $25,617.43.
We liquidated previously held short-term positions in international ETFs because we believe the Iran-Israel War could have a strong negative impact on these ETFs.
For risk control, we initiated an algorithmic trading position in QID as a hedge and maintained a cash position of approximately 15.6%.
2026.4
In April, the investment portfolio generated a strong monthly return of 19.30%, bringing the Hoperation Fund’s balance to $30,560.87.
We liquidated the hedge position in QID, purchased QLD, and initiated positions in TSM, ASML, MU, and SOXX. Additionally, we slightly increased our positions in GOOGL, LLY, and NVDA.
2026.5
In May, the investment portfolio received an inflow of $475, generated through our AsiaFest fundraising activity. During the month, the portfolio delivered a strong return of 10.10%, bringing the Hoperation Fund’s balance to $34,169.33.
We liquidated our position in QLD and partially reduced our holdings in SOXX before later increasing the position. In addition, we initiated a new position in FICO.
2026.6
In June, the investment portfolio posted a return of -2.34%, bringing the Hoperation Fund’s ending balance to $33,368.20.
During the month, we fully liquidated our positions in several technology-related holdings, including AMZN, AVGO, TSM, ASML, FICO, and SOXX, and partially reduced our positions in GOOGL and NVDA. We also initiated a new position in XLK.
2026.7
In July, the investment portfolio posted a return of -7.33%, bringing the Hoperation Fund’s ending balance to $30,923.44.
During the month, we fully liquidated our positions in XLK and MU. The available cash from these liquidations was used to slightly increase our position in NVDA and to build a long-short portfolio, which now represents approximately 54% of the total account.
More details about the long-short portfolio are available in our blog post.
2026.8
In August, the investment portfolio generated a return of 1.50%, bringing the Hoperation Fund’s ending balance to $31,386.59.
During the month, the long-short portfolio reduced its holdings from 19 to 13, while the long-term investment portfolio remained unchanged.
