Defense and Aerospace
Asset Allocation
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Defense and Aerospace, 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 every 3 months.
The earliest data available for this chart is Mar 22, 2011, corresponding to the inception date of HII
Returns By Period
As of Feb 5, 2025, the Defense and Aerospace returned 6.27% Year-To-Date and 15.69% of annualized return in the last 10 years.
| YTD | 1M | 6M | 1Y | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | 2.66% | 1.61% | 15.23% | 22.15% | 12.59% | 11.41% |
| Defense and Aerospace | 6.27% | 6.09% | 14.05% | 35.63% | 15.32% | 15.69% |
| Portfolio components: | ||||||
GE General Electric Company | 21.22% | 17.57% | 24.98% | 85.17% | 26.33% | 7.21% |
RTX Raytheon Technologies Corporation | 10.93% | 10.79% | 13.41% | 42.44% | 8.17% | 8.07% |
LMT Lockheed Martin Corporation | -6.64% | -5.84% | -15.23% | 10.40% | 3.41% | 11.79% |
NOC Northrop Grumman Corporation | 2.79% | 3.11% | -0.04% | 10.90% | 7.59% | 13.38% |
AXON Axon Enterprise, Inc. | 11.54% | 10.29% | 124.72% | 157.47% | 51.58% | 38.03% |
BA The Boeing Company | -0.44% | 3.73% | 6.78% | -14.71% | -12.33% | 3.14% |
LHX L3Harris Technologies, Inc. | 0.20% | 0.46% | -5.84% | 3.80% | 0.62% | 12.97% |
GD General Dynamics Corporation | -1.78% | -1.74% | -8.88% | -1.09% | 9.33% | 8.78% |
HII Huntington Ingalls Industries, Inc. | 3.59% | 4.08% | -22.82% | -24.82% | -3.98% | 6.80% |
TDG TransDigm Group Incorporated | 3.19% | 2.52% | 11.58% | 21.63% | 18.44% | 24.97% |
Monthly Returns
The table below presents the monthly returns of Defense and Aerospace, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 6.94% | 6.27% | |||||||||||
| 2024 | -0.81% | 7.20% | 5.42% | 2.64% | 1.02% | -2.18% | 8.71% | 4.83% | 1.72% | -3.96% | 6.58% | -5.11% | 28.01% |
| 2023 | 4.63% | 1.21% | 3.77% | -0.41% | -3.62% | 6.56% | -0.57% | -0.05% | -6.73% | 5.04% | 7.55% | 5.76% | 24.47% |
| 2022 | 0.10% | 9.70% | -1.74% | -8.96% | 0.29% | -3.94% | 6.06% | 0.35% | -9.76% | 20.19% | 6.90% | -1.18% | 15.40% |
| 2021 | -2.17% | 7.95% | 6.94% | 3.49% | 3.35% | 0.38% | -0.06% | -0.46% | -1.99% | 0.96% | -6.28% | 4.01% | 16.35% |
| 2020 | 6.47% | -11.35% | -20.21% | 2.71% | 2.80% | 1.91% | -5.18% | 5.06% | -3.57% | 0.10% | 24.40% | 1.62% | -1.50% |
| 2019 | 16.80% | 6.88% | -2.75% | 7.22% | -2.88% | 6.00% | 2.44% | -2.52% | 1.71% | -0.05% | 9.35% | -1.40% | 46.65% |
| 2018 | 6.66% | 1.17% | -1.24% | -1.41% | 6.53% | -2.76% | 6.11% | -2.09% | 2.75% | -12.03% | -7.11% | -7.48% | -12.17% |
| 2017 | -0.42% | 6.08% | -2.73% | 3.01% | 1.36% | 0.14% | 2.50% | 0.44% | 2.34% | -1.04% | 2.29% | 1.15% | 15.88% |
| 2016 | -5.84% | 4.11% | 3.69% | 2.16% | 2.54% | 4.64% | 3.52% | -0.77% | -0.96% | -0.51% | 8.99% | -1.35% | 21.25% |
| 2015 | 0.40% | 6.14% | -1.35% | 1.67% | 1.82% | -1.39% | 0.29% | -5.92% | -1.03% | 10.21% | -0.49% | -0.05% | 9.87% |
| 2014 | -1.31% | 6.63% | -0.07% | -0.17% | -0.03% | -1.70% | -3.64% | 7.48% | 0.28% | 4.67% | 4.76% | 2.99% | 21.01% |
Expense Ratio
Defense and Aerospace 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.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 84, Defense and Aerospace is among the top 16% of portfolios on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
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.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio | |
|---|---|---|---|---|---|
GE General Electric Company | 2.81 | 3.34 | 1.48 | 3.68 | 15.54 |
RTX Raytheon Technologies Corporation | 2.34 | 3.52 | 1.45 | 3.51 | 11.14 |
LMT Lockheed Martin Corporation | 0.42 | 0.67 | 1.11 | 0.32 | 0.90 |
NOC Northrop Grumman Corporation | 0.55 | 0.95 | 1.11 | 0.48 | 1.41 |
AXON Axon Enterprise, Inc. | 3.58 | 6.11 | 1.79 | 8.77 | 22.72 |
BA The Boeing Company | -0.51 | -0.55 | 0.94 | -0.24 | -0.82 |
LHX L3Harris Technologies, Inc. | 0.13 | 0.32 | 1.04 | 0.12 | 0.34 |
GD General Dynamics Corporation | -0.09 | 0.00 | 1.00 | -0.08 | -0.23 |
HII Huntington Ingalls Industries, Inc. | -0.71 | -0.69 | 0.85 | -0.69 | -1.32 |
TDG TransDigm Group Incorporated | 1.00 | 1.43 | 1.18 | 1.96 | 4.25 |
Dividends
Dividend yield
Defense and Aerospace provided a 1.66% dividend yield over the last twelve months.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 1.66% | 1.71% | 1.54% | 1.37% | 1.38% | 1.56% | 1.93% | 2.45% | 2.47% | 2.45% | 2.10% | 2.69% |
| Portfolio components: | ||||||||||||
GE General Electric Company | 0.55% | 0.67% | 0.25% | 0.38% | 0.34% | 0.37% | 0.36% | 4.89% | 4.81% | 2.94% | 2.95% | 3.52% |
RTX Raytheon Technologies Corporation | 1.93% | 2.14% | 2.76% | 2.14% | 2.33% | 2.64% | 1.96% | 2.66% | 2.13% | 2.39% | 2.66% | 2.05% |
LMT Lockheed Martin Corporation | 2.81% | 2.62% | 2.68% | 2.34% | 2.98% | 2.76% | 2.31% | 3.13% | 2.32% | 2.71% | 2.83% | 2.85% |
NOC Northrop Grumman Corporation | 1.67% | 1.72% | 1.57% | 1.24% | 1.59% | 1.86% | 1.50% | 1.92% | 1.27% | 1.50% | 1.64% | 1.84% |
AXON Axon Enterprise, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BA The Boeing Company | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.96% | 2.52% | 2.12% | 1.93% | 2.80% | 2.52% | 2.25% |
LHX L3Harris Technologies, Inc. | 2.20% | 2.21% | 2.17% | 2.15% | 1.91% | 1.80% | 1.45% | 1.86% | 1.55% | 2.01% | 2.23% | 2.48% |
GD General Dynamics Corporation | 2.21% | 2.12% | 2.01% | 2.00% | 2.24% | 2.90% | 2.26% | 2.31% | 1.61% | 1.72% | 2.46% | 1.76% |
HII Huntington Ingalls Industries, Inc. | 2.68% | 2.78% | 1.93% | 2.07% | 2.46% | 2.48% | 1.44% | 1.59% | 1.07% | 1.14% | 1.34% | 0.89% |
TDG TransDigm Group Incorporated | 5.74% | 5.92% | 3.46% | 2.94% | 0.00% | 0.00% | 11.16% | 0.00% | 8.01% | 9.64% | 0.00% | 12.73% |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Defense and Aerospace. 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 Defense and Aerospace was 44.17%, occurring on Mar 23, 2020. Recovery took 260 trading sessions.
The current Defense and Aerospace drawdown is 2.00%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -44.17% | Feb 13, 2020 | 27 | Mar 23, 2020 | 260 | Apr 5, 2021 | 287 |
| -31.91% | Oct 9, 2018 | 53 | Dec 24, 2018 | 122 | Jun 20, 2019 | 175 |
| -23% | May 4, 2011 | 69 | Aug 10, 2011 | 125 | Feb 8, 2012 | 194 |
| -18.32% | Mar 3, 2022 | 74 | Jun 16, 2022 | 99 | Nov 7, 2022 | 173 |
| -13.43% | Jul 17, 2015 | 28 | Aug 25, 2015 | 149 | Mar 30, 2016 | 177 |
Volatility
Volatility Chart
The current Defense and Aerospace volatility is 5.30%, 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.
Diversification
Asset Correlations Table
| AXON | GE | BA | TDG | HII | LHX | NOC | LMT | RTX | GD | |
|---|---|---|---|---|---|---|---|---|---|---|
| AXON | 1.00 | 0.29 | 0.31 | 0.34 | 0.23 | 0.26 | 0.22 | 0.23 | 0.30 | 0.29 |
| GE | 0.29 | 1.00 | 0.46 | 0.44 | 0.37 | 0.36 | 0.32 | 0.32 | 0.50 | 0.45 |
| BA | 0.31 | 0.46 | 1.00 | 0.49 | 0.41 | 0.39 | 0.42 | 0.43 | 0.56 | 0.49 |
| TDG | 0.34 | 0.44 | 0.49 | 1.00 | 0.43 | 0.44 | 0.41 | 0.43 | 0.53 | 0.50 |
| HII | 0.23 | 0.37 | 0.41 | 0.43 | 1.00 | 0.54 | 0.56 | 0.55 | 0.53 | 0.60 |
| LHX | 0.26 | 0.36 | 0.39 | 0.44 | 0.54 | 1.00 | 0.61 | 0.60 | 0.55 | 0.60 |
| NOC | 0.22 | 0.32 | 0.42 | 0.41 | 0.56 | 0.61 | 1.00 | 0.75 | 0.57 | 0.66 |
| LMT | 0.23 | 0.32 | 0.43 | 0.43 | 0.55 | 0.60 | 0.75 | 1.00 | 0.57 | 0.66 |
| RTX | 0.30 | 0.50 | 0.56 | 0.53 | 0.53 | 0.55 | 0.57 | 0.57 | 1.00 | 0.64 |
| GD | 0.29 | 0.45 | 0.49 | 0.50 | 0.60 | 0.60 | 0.66 | 0.66 | 0.64 | 1.00 |