Aero Defense

Performance

Risk-Adjusted Performance

Dividends

Drawdowns

Volatility

Diversification

Aero Defense

Currency in USD · Last updated May 27, 2025

Asset Allocation

Position	Category/Sector	Target Weight
AXON Axon Enterprise, Inc.	Industrials	7.46%
BA The Boeing Company	Industrials	3%
BMTX BM Technologies, Inc.	Technology	7.46%
CW Curtiss-Wright Corporation	Industrials	7.46%
DRS Leonardo DRS Inc. Common Stock	Industrials	7.46%
GD General Dynamics Corporation		7.46%
GE General Electric Company	Industrials	7.46%
HEI HEICO Corporation	Industrials	7.46%
HWM Howmet Aerospace Inc.	Industrials	7.46%
LHX L3Harris Technologies, Inc.	Industrials	7.46%
LMT Lockheed Martin Corporation	Industrials	7.46%
NOC Northrop Grumman Corporation	Industrials	7.46%
RTX Raytheon Technologies Corporation	Industrials	7.46%
TDG TransDigm Group Incorporated	Industrials	7.46%

Benchmark

S&P 500

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Performance

Performance Chart

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The earliest data available for this chart is Nov 29, 2022, corresponding to the inception date of DRS

Returns By Period

	YTD	1M	6M	1Y	5Y*	10Y*
^GSPC S&P 500	-1.34%	5.02%	-3.08%	9.39%	14.45%	10.68%
Aero Defense	17.60%	9.97%	12.01%	39.48%	N/A	N/A
Portfolio components:
GE General Electric Company	39.83%	17.32%	29.63%	40.05%	49.45%	7.39%
RTX Raytheon Technologies Corporation	15.54%	6.23%	12.68%	27.16%	20.01%	8.64%
LMT Lockheed Martin Corporation	-2.80%	-1.83%	-8.93%	2.96%	7.78%	12.40%
BA The Boeing Company	14.33%	13.72%	32.18%	15.95%	8.03%	4.81%
GD General Dynamics Corporation	5.41%	1.02%	-1.28%	-6.39%	17.39%	9.57%
TDG TransDigm Group Incorporated	12.96%	3.87%	13.52%	11.93%	33.45%	25.18%
NOC Northrop Grumman Corporation	0.91%	-0.37%	-2.00%	2.36%	9.46%	13.35%
LHX L3Harris Technologies, Inc.	13.56%	9.91%	-0.75%	8.56%	7.82%	13.79%
HWM Howmet Aerospace Inc.	51.16%	21.68%	42.72%	95.45%	68.32%	N/A
HEI HEICO Corporation	12.80%	8.96%	-2.97%	23.47%	23.47%	24.48%
AXON Axon Enterprise, Inc.	23.06%	21.13%	18.15%	156.06%	58.07%	37.04%
CW Curtiss-Wright Corporation	20.81%	26.66%	15.44%	53.03%	36.50%	20.25%
DRS Leonardo DRS Inc. Common Stock	27.67%	10.42%	16.36%	72.45%	N/A	N/A
BMTX BM Technologies, Inc.	2.25%	0.00%	4.82%	66.11%	N/A	N/A

*Annualized

Monthly Returns

The table below presents the monthly returns of Aero Defense, 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	5.42%	-1.98%	1.28%	3.48%	8.58%								17.60%
2024	0.41%	6.57%	3.41%	1.53%	13.51%	-6.33%	9.86%	5.69%	3.37%	2.00%	7.90%	-5.78%	48.67%
2023	2.86%	-0.57%	2.42%	-0.22%	-4.45%	9.60%	-0.36%	-2.98%	-4.13%	5.18%	9.35%	1.50%	18.43%
2022											0.38%	0.10%	0.49%

Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Expense Ratio

Aero Defense has an expense ratio of 0.00%, meaning no management fees are charged. Below, you can find the expense ratios of the portfolio's funds side by side and easily compare their relative costs.

The portfolio doesn't include any funds that charge management fees.

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

With an overall rank of 94, Aero Defense is among the top 6% 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.

Overall Rank

Sharpe Ratio Rank

Sortino Ratio Rank

Omega Ratio Rank

Calmar Ratio Rank

Martin 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.

Portfolio components

	Sharpe ratio	Sortino ratio	Omega ratio	Calmar ratio	Martin ratio
GE General Electric Company	1.23	1.79	1.27	2.13	6.64
RTX Raytheon Technologies Corporation	1.08	1.53	1.24	1.74	5.97
LMT Lockheed Martin Corporation	0.13	0.31	1.05	0.09	0.17
BA The Boeing Company	0.45	0.61	1.08	0.20	0.71
GD General Dynamics Corporation	-0.24	-0.20	0.97	-0.25	-0.51
TDG TransDigm Group Incorporated	0.49	0.79	1.10	1.02	2.07
NOC Northrop Grumman Corporation	0.10	0.25	1.04	0.08	0.18
LHX L3Harris Technologies, Inc.	0.39	0.64	1.08	0.29	0.58
HWM Howmet Aerospace Inc.	2.64	3.15	1.44	4.91	18.08
HEI HEICO Corporation	0.85	1.37	1.18	1.13	2.86
AXON Axon Enterprise, Inc.	2.89	3.65	1.56	5.12	13.38
CW Curtiss-Wright Corporation	1.59	1.97	1.30	1.86	5.41
DRS Leonardo DRS Inc. Common Stock	1.79	2.23	1.31	3.08	8.86
BMTX BM Technologies, Inc.	0.79	1.95	1.34	1.01	4.55

The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

Aero Defense Sharpe ratios as of May 27, 2025 (values are recalculated daily):

1-Year: 1.93
All Time: 1.93

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

Compared to the broad market, where average Sharpe ratios range from 0.49 to 1.03, this portfolio's current Sharpe ratio is in the top 25%. This signifies superior risk-adjusted performance, meaning the portfolio is delivering strong returns for the level of risk taken compared to most others.

The chart below shows the rolling Sharpe ratio of Aero Defense compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.

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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

Dividend yield

Aero Defense provided a 1.25% dividend yield over the last twelve months.

	TTM	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Portfolio	1.25%	1.34%	1.17%	1.05%	0.91%	1.01%	1.72%	1.48%	1.79%	1.89%	1.26%	2.23%
Portfolio components:
GE General Electric Company	0.52%	0.67%	0.25%	0.38%	0.34%	0.37%	0.36%	4.88%	4.81%	2.94%	2.95%	3.52%
RTX Raytheon Technologies Corporation	1.94%	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	2.75%	2.62%	2.68%	2.34%	2.98%	2.76%	2.31%	3.13%	2.32%	2.71%	2.83%	2.85%
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%
GD General Dynamics Corporation	2.10%	2.12%	2.01%	2.00%	2.24%	2.90%	2.26%	2.31%	1.61%	1.72%	2.46%	1.76%
TDG TransDigm Group Incorporated	5.24%	5.92%	3.46%	2.94%	0.00%	0.00%	11.16%	0.00%	8.01%	9.64%	0.00%	12.73%
NOC Northrop Grumman Corporation	1.31%	1.72%	1.57%	1.24%	1.59%	1.86%	1.50%	1.92%	1.27%	1.50%	1.64%	1.84%
LHX L3Harris Technologies, Inc.	1.97%	2.21%	2.17%	2.15%	1.91%	1.80%	1.45%	1.86%	1.55%	2.01%	2.23%	2.48%
HWM Howmet Aerospace Inc.	0.22%	0.24%	0.31%	0.25%	0.13%	0.06%	0.40%	1.48%	0.91%	0.50%	0.00%	0.00%
HEI HEICO Corporation	0.08%	0.09%	0.11%	0.12%	0.12%	0.12%	0.12%	0.14%	0.08%	0.22%	0.28%	1.02%
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%
CW Curtiss-Wright Corporation	0.20%	0.23%	0.35%	0.45%	0.51%	0.58%	0.47%	0.59%	0.46%	0.53%	0.76%	0.74%
DRS Leonardo DRS Inc. Common Stock	0.44%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
BMTX BM Technologies, 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%

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.

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Worst Drawdowns

The table below displays the maximum drawdowns of the Aero Defense. 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 Aero Defense was 12.10%, occurring on Apr 4, 2025. Recovery took 18 trading sessions.

The current Aero Defense drawdown is 0.86%.

Depth	Start	To Bottom	Bottom	To Recover	End	Total
-12.1%	Nov 12, 2024	98	Apr 4, 2025	18	May 1, 2025	116
-10.01%	Jul 24, 2023	52	Oct 4, 2023	27	Nov 10, 2023	79
-7.64%	Jun 6, 2024	17	Jul 1, 2024	20	Jul 30, 2024	37
-7.59%	Apr 19, 2023	27	May 25, 2023	17	Jun 21, 2023	44
-5.78%	Mar 7, 2023	7	Mar 15, 2023	13	Apr 3, 2023	20

Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.

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Diversification

Diversification Metrics

Number of Effective Assets

The portfolio contains 14 assets, with an effective number of assets of 13.65, reflecting the diversification based on asset allocation. This number of effective assets suggests that the portfolio's investments are spread across a variety of assets, indicating a well-diversified allocation. However, true diversification also depends on the correlations between assets.

Asset Correlations Table

The table below displays the correlation coefficients between the individual components of the portfolio, the entire portfolio, and the chosen benchmark.

	^GSPC	BMTX	BA	NOC	LMT	AXON	DRS	GE	LHX	RTX	GD	TDG	CW	HEI	HWM	Portfolio
^GSPC	1.00	0.05	0.39	0.09	0.14	0.53	0.46	0.57	0.32	0.34	0.38	0.57	0.53	0.50	0.58	0.56
BMTX	0.05	1.00	0.05	0.06	0.01	0.07	0.13	0.06	0.08	0.06	0.04	0.01	0.05	0.04	0.08	0.39
BA	0.39	0.05	1.00	0.15	0.17	0.28	0.24	0.29	0.22	0.35	0.25	0.33	0.37	0.29	0.45	0.43
NOC	0.09	0.06	0.15	1.00	0.69	0.06	0.20	0.11	0.57	0.46	0.53	0.22	0.28	0.32	0.15	0.44
LMT	0.14	0.01	0.17	0.69	1.00	0.13	0.23	0.16	0.60	0.53	0.58	0.25	0.32	0.35	0.24	0.47
AXON	0.53	0.07	0.28	0.06	0.13	1.00	0.38	0.48	0.25	0.26	0.24	0.43	0.42	0.42	0.50	0.56
DRS	0.46	0.13	0.24	0.20	0.23	0.38	1.00	0.37	0.37	0.34	0.38	0.39	0.45	0.43	0.46	0.61
GE	0.57	0.06	0.29	0.11	0.16	0.48	0.37	1.00	0.27	0.33	0.36	0.57	0.51	0.49	0.60	0.60
LHX	0.32	0.08	0.22	0.57	0.60	0.25	0.37	0.27	1.00	0.49	0.59	0.36	0.40	0.45	0.33	0.59
RTX	0.34	0.06	0.35	0.46	0.53	0.26	0.34	0.33	0.49	1.00	0.57	0.43	0.44	0.45	0.47	0.60
GD	0.38	0.04	0.25	0.53	0.58	0.24	0.38	0.36	0.59	0.57	1.00	0.43	0.52	0.52	0.40	0.63
TDG	0.57	0.01	0.33	0.22	0.25	0.43	0.39	0.57	0.36	0.43	0.43	1.00	0.57	0.66	0.65	0.63
CW	0.53	0.05	0.37	0.28	0.32	0.42	0.45	0.51	0.40	0.44	0.52	0.57	1.00	0.60	0.64	0.68
HEI	0.50	0.04	0.29	0.32	0.35	0.42	0.43	0.49	0.45	0.45	0.52	0.66	0.60	1.00	0.58	0.68
HWM	0.58	0.08	0.45	0.15	0.24	0.50	0.46	0.60	0.33	0.47	0.40	0.65	0.64	0.58	1.00	0.70
Portfolio	0.56	0.39	0.43	0.44	0.47	0.56	0.61	0.60	0.59	0.60	0.63	0.63	0.68	0.68	0.70	1.00

The correlation results are calculated based on daily price changes starting from Nov 30, 2022

Go to the full Correlations tool for more customization options

Performance Analysis

Risk Analysis

Optimization

Factor Model

Aero Defense

Asset Allocation

Performance

Performance Chart

Returns By Period

Monthly Returns

Expense Ratio

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

Risk-Adjusted Performance Indicators

Dividends

Dividend yield

Drawdowns

Drawdowns Chart

Worst Drawdowns

Volatility

Volatility Chart

Diversification

Diversification Metrics

Number of Effective Assets

Asset Correlations Table

Performance Analysis

Risk Analysis

Optimization

Factor Model

Portfolios

Screeners

Community