Canoe Q2 2026
Hedge Fund Performance Report
2026 finally gave hedge funds a real test, a sharp Q1 selloff, and a swift rebound.
See which strategies held up.
WHY READ THIS REPORT?
The Mid-Year
Hedge Fund Scorecard
Hedge fund strategies faced a real test in H1 2026: a sharp equity selloff followed by a swift rebound. Not every strategy responded the same way. Knowing which strategies protected capital, which captured the recovery, and where manager selection actually moved the needle is the difference between a portfolio built on data and one built on assumptions.
Download the full report to discover:
- How the top-performing strategies actually earned their fees, with a side-by-side look at which held steady during the March drawdown and which captured the recovery that followed.
- Why manager selection matters more in some strategies than others, and how wide performance dispersion in Long/Short Equity compares to the tight, narrow band in Credit.
- Where the real alpha is showing up in 2026, including the specific inflection point where Equity strategies flipped from trailing their benchmark to consistently beating it.
- Real-world performance data on 3,586 hedge funds, drawn from actual institutional allocations, not self-reported returns.