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Future Flying
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Future Flying

Last updated May 17, 2024

Asset Allocation

LILM 33.33%JOBY 33.33%ACHR 33.33%EquityEquity
PositionCategory/SectorWeight
ACHR
Archer Aviation Inc.		Industrials

33.33%

JOBY
Joby Aviation, Inc.		Industrials

33.33%

LILM
Lilium N.V.		Industrials

33.33%

S&P 500

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Future Flying, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends. The portfolio is rebalanced Quarterly

-80.00%-60.00%-40.00%-20.00%0.00%20.00%40.00%December2024FebruaryMarchAprilMay
-66.36%
42.80%
Future Flying
Benchmark (^GSPC)
Portfolio components

The earliest data available for this chart is Dec 18, 2020, corresponding to the inception date of ACHR

Returns By Period

Year-To-Date1 month6 months1 year5 years (annualized)10 years (annualized)
^GSPC
S&P 500		11.05%4.86%17.50%27.37%13.14%10.90%
Future Flying-19.39%19.65%-7.59%28.01%N/AN/A
Portfolio components:
LILM
Lilium N.V.		6.78%51.99%43.18%15.60%N/AN/A
JOBY
Joby Aviation, Inc.		-24.51%9.13%-16.19%-4.02%N/AN/A
ACHR
Archer Aviation Inc.		-37.95%-1.30%-39.14%30.03%N/AN/A

Monthly Returns

The table below presents the monthly returns of Future Flying, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.

JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-23.06%5.88%-2.99%-7.89%-19.39%
202333.43%-3.07%-13.07%-21.70%67.31%64.04%8.14%-8.10%-26.02%-11.67%36.38%7.83%130.75%
2022-39.31%-5.60%33.61%-14.59%-5.73%-18.37%21.90%-11.89%-16.34%-0.02%-16.43%-21.42%-70.32%
20213.97%1.53%-14.57%-2.01%0.00%0.40%-0.20%9.57%-9.96%-21.00%-8.78%-4.39%-39.82%
20201.24%1.24%

Expense Ratio

Future Flying has an expense ratio of 0.00%, indicating no management fees are charged. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.

The portfolio doesn't hold funds that charge fees

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of Future Flying is 7, indicating that it is in the bottom 7% of portfolios on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.

The Risk-Adjusted Performance Rank of Future Flying is 77
Future Flying
The Sharpe Ratio Rank of Future Flying is 55Sharpe Ratio Rank
The Sortino Ratio Rank of Future Flying is 99Sortino Ratio Rank
The Omega Ratio Rank of Future Flying is 88Omega Ratio Rank
The Calmar Ratio Rank of Future Flying is 99Calmar Ratio Rank
The Martin Ratio Rank of Future Flying is 66Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

This table presents a comparison of risk-adjusted performance metrics for positions. Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Future Flying
Sharpe ratio
The chart of Sharpe ratio for Future Flying, currently valued at 0.57, compared to the broader market0.002.004.000.57
Sortino ratio
The chart of Sortino ratio for Future Flying, currently valued at 1.40, compared to the broader market-2.000.002.004.006.001.40
Omega ratio
The chart of Omega ratio for Future Flying, currently valued at 1.15, compared to the broader market0.801.001.201.401.601.801.15
Calmar ratio
The chart of Calmar ratio for Future Flying, currently valued at 0.50, compared to the broader market0.002.004.006.008.0010.000.50
Martin ratio
The chart of Martin ratio for Future Flying, currently valued at 1.66, compared to the broader market0.0010.0020.0030.0040.0050.001.66
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 2.49, compared to the broader market0.002.004.002.49
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 3.52, compared to the broader market-2.000.002.004.006.003.52
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.43, compared to the broader market0.801.001.201.401.601.801.43
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 2.03, compared to the broader market0.002.004.006.008.0010.002.03
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 9.57, compared to the broader market0.0010.0020.0030.0040.0050.009.57
Portfolio components
Sharpe ratioSortino ratioOmega ratioCalmar ratioMartin ratio
LILM
Lilium N.V.		0.301.191.130.280.63
JOBY
Joby Aviation, Inc.		0.040.661.080.040.07
ACHR
Archer Aviation Inc.		0.541.541.170.561.76

Sharpe Ratio

The current Future Flying Sharpe ratio is 0.57. This value is calculated based on the past 12 months of trading data and takes into account price changes and dividends.

Compared to the broad market, where average Sharpe ratios range from 1.83 to 2.69, this portfolio's current Sharpe ratio places it in the bottom 25%. This suggests that it may not be performing as well in terms of risk-adjusted returns compared to many other portfolios. The lower performance could be due to either lower returns, higher volatility, or a combination of both. This might indicate that the portfolio requires some fine-tuning. You can use the Portfolio Optimization tool to find an allocation that maximizes the Sharpe ratio.

Use the chart below to compare the Sharpe ratio of Future Flying with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.

Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00December2024FebruaryMarchAprilMay
0.57
2.49
Future Flying
Benchmark (^GSPC)
Portfolio components

Dividends

Dividend yield

Future Flying doesn't pay dividends

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.

-80.00%-60.00%-40.00%-20.00%0.00%December2024FebruaryMarchAprilMay
-75.42%
-0.21%
Future Flying
Benchmark (^GSPC)
Portfolio components

Worst Drawdowns

The table below displays the maximum drawdowns of the Future Flying. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Future Flying was 89.35%, occurring on Apr 26, 2023. The portfolio has not yet recovered.

The current Future Flying drawdown is 75.42%.

Depth

Start

To Bottom

Bottom

To Recover

End

Total

-89.35%Feb 19, 2021550Apr 26, 2023———
-10.48%Jan 25, 20213Jan 27, 20218Feb 8, 202111
-4.22%Dec 29, 20206Jan 6, 20215Jan 13, 202111
-2.22%Jan 15, 20211Jan 15, 20211Jan 19, 20212
-1.97%Feb 9, 20211Feb 9, 20211Feb 10, 20212

Volatility

Volatility Chart

The current Future Flying volatility is 15.02%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.

0.00%5.00%10.00%15.00%20.00%25.00%December2024FebruaryMarchAprilMay
15.02%
3.40%
Future Flying
Benchmark (^GSPC)
Portfolio components

Diversification

Asset Correlations Table

The table below displays the correlation coefficients between the individual components of the portfolio, the entire portfolio, and the chosen benchmark.
LILMACHRJOBY
LILM1.000.460.49
ACHR0.461.000.58
JOBY0.490.581.00