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Aero Defense
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Diversification

Aero Defense

Last updated Nov 13, 2024

Asset Allocation

GE 7.46%RTX 7.46%LMT 7.46%GD 7.46%TDG 7.46%NOC 7.46%LHX 7.46%HWM 7.46%HEI 7.46%AXON 7.46%CW 7.46%DRS 7.46%BMTX 7.46%BA 3%EquityEquity
PositionCategory/SectorWeight
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%

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Aero Defense, 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

0.00%10.00%20.00%30.00%40.00%JuneJulyAugustSeptemberOctoberNovember
37.35%
14.05%
Aero Defense
Benchmark (^GSPC)
Portfolio components

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

Returns By Period

Year-To-Date1 month6 months1 year5 years (annualized)10 years (annualized)
^GSPC
S&P 500		25.45%2.91%14.05%35.64%14.13%11.39%
Aero Defense60.14%8.87%36.72%67.21%N/AN/A
Portfolio components:
GE
General Electric Company		80.20%-5.19%12.08%96.27%27.19%5.40%
RTX
Raytheon Technologies Corporation		49.27%-1.02%18.44%56.80%9.77%9.56%
LMT
Lockheed Martin Corporation		27.34%-7.35%23.46%30.85%10.68%14.83%
BA
The Boeing Company		-44.31%-2.56%-17.98%-30.03%-16.90%2.57%
GD
General Dynamics Corporation		22.60%3.38%6.97%28.44%13.75%10.62%
TDG
TransDigm Group Incorporated		41.46%-3.98%11.00%48.85%23.67%26.63%
NOC
Northrop Grumman Corporation		14.93%-0.50%14.10%15.72%10.17%16.52%
LHX
L3Harris Technologies, Inc.		26.21%5.43%19.04%42.55%7.70%16.35%
HWM
Howmet Aerospace Inc.		110.51%10.73%37.48%121.17%37.89%N/A
HEI
HEICO Corporation		47.48%-1.00%24.40%54.68%15.64%25.98%
AXON
Axon Enterprise, Inc.		130.40%35.89%102.48%168.61%55.14%40.38%
CW
Curtiss-Wright Corporation		73.48%10.90%39.42%80.22%23.03%19.14%
DRS
Leonardo DRS Inc. Common Stock		80.29%26.59%55.06%73.20%N/AN/A
BMTX
BM Technologies, Inc.		132.20%47.83%178.36%98.33%-14.21%N/A

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.

JanFebMarAprMayJunJulAugSepOctNovDecTotal
20240.41%6.57%3.41%1.53%13.51%-6.33%9.86%5.69%3.37%2.00%60.14%
20232.86%-0.57%2.42%-0.22%-4.45%9.60%-0.36%-2.98%-4.13%5.18%9.35%1.50%18.43%
20220.38%0.10%0.49%

Expense Ratio

Aero Defense 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 risk-adjusted rank of Aero Defense is 97, placing it in the top 3% 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 Aero Defense is 9797
Combined Rank
The Sharpe Ratio Rank of Aero Defense is 9797Sharpe Ratio Rank
The Sortino Ratio Rank of Aero Defense is 9797Sortino Ratio Rank
The Omega Ratio Rank of Aero Defense is 9696Omega Ratio Rank
The Calmar Ratio Rank of Aero Defense is 9797Calmar Ratio Rank
The Martin Ratio Rank of Aero Defense is 9696Martin 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.

Aero Defense
Sharpe ratio
The chart of Sharpe ratio for Aero Defense, currently valued at 4.24, compared to the broader market0.002.004.006.004.24
Sortino ratio
The chart of Sortino ratio for Aero Defense, currently valued at 6.02, compared to the broader market-2.000.002.004.006.006.02
Omega ratio
The chart of Omega ratio for Aero Defense, currently valued at 1.77, compared to the broader market0.801.001.201.401.601.802.001.77
Calmar ratio
The chart of Calmar ratio for Aero Defense, currently valued at 9.21, compared to the broader market0.005.0010.0015.009.21
Martin ratio
The chart of Martin ratio for Aero Defense, currently valued at 31.28, compared to the broader market0.0010.0020.0030.0040.0050.0060.0031.28
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 2.90, compared to the broader market0.002.004.006.002.90
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 3.87, compared to the broader market-2.000.002.004.006.003.87
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.54, compared to the broader market0.801.001.201.401.601.802.001.54
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 4.19, compared to the broader market0.005.0010.0015.004.19
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 18.72, compared to the broader market0.0010.0020.0030.0040.0050.0060.0018.72
Portfolio components
Sharpe ratioSortino ratioOmega ratioCalmar ratioMartin ratio
GE
General Electric Company		3.403.901.588.5928.85
RTX
Raytheon Technologies Corporation		3.084.941.602.2721.36
LMT
Lockheed Martin Corporation		1.932.691.402.067.97
BA
The Boeing Company		-0.77-0.940.88-0.58-0.86
GD
General Dynamics Corporation		1.922.761.364.7714.94
TDG
TransDigm Group Incorporated		2.322.931.374.2113.23
NOC
Northrop Grumman Corporation		0.951.421.190.813.04
LHX
L3Harris Technologies, Inc.		2.593.611.462.5215.99
HWM
Howmet Aerospace Inc.		3.875.371.7713.8835.53
HEI
HEICO Corporation		2.803.461.466.9418.45
AXON
Axon Enterprise, Inc.		3.997.531.9411.0330.74
CW
Curtiss-Wright Corporation		4.055.111.708.6334.93
DRS
Leonardo DRS Inc. Common Stock		2.292.871.406.1013.21
BMTX
BM Technologies, Inc.		0.842.441.301.313.10

Sharpe Ratio

The current Aero Defense Sharpe ratio is 4.24. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Compared to the broad market, where average Sharpe ratios range from 2.07 to 2.98, this portfolio's current Sharpe ratio is in the top 25%, it signifies superior risk-adjusted performance. This means that for the level of risk undertaken, the portfolio is generating impressive returns compared to most others.

Use the chart below to compare the Sharpe ratio of Aero Defense 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 Ratio1.002.003.004.005.00JuneJulyAugustSeptemberOctoberNovember
4.24
2.90
Aero Defense
Benchmark (^GSPC)
Portfolio components

Dividends

Dividend yield

Aero Defense provided a 1.37% dividend yield over the last twelve months.

TTM20232022202120202019201820172016201520142013
Portfolio1.37%1.17%1.05%0.91%1.01%1.73%1.49%1.80%1.90%1.27%2.24%2.23%
Portfolio components:
GE
General Electric Company		0.49%0.25%0.38%0.34%0.37%0.36%4.89%4.81%2.94%2.95%3.52%2.82%
RTX
Raytheon Technologies Corporation		1.98%2.76%2.14%2.33%2.64%2.09%2.84%2.28%2.55%2.84%2.19%2.06%
LMT
Lockheed Martin Corporation		2.23%2.68%2.34%2.98%2.76%2.31%3.13%2.32%2.71%2.83%2.85%3.22%
BA
The Boeing Company		0.00%0.00%0.00%0.00%0.96%2.52%2.12%1.93%2.80%2.52%2.25%1.42%
GD
General Dynamics Corporation		1.79%2.01%2.00%2.24%2.90%2.26%2.31%1.61%1.72%2.46%1.76%1.76%
TDG
TransDigm Group Incorporated		8.12%3.46%2.94%0.00%0.00%11.16%0.00%8.01%9.64%0.00%12.73%13.66%
NOC
Northrop Grumman Corporation		1.48%1.57%1.24%1.59%1.86%1.50%1.92%1.27%1.50%1.64%1.84%2.08%
LHX
L3Harris Technologies, Inc.		1.77%2.17%2.15%1.91%1.80%1.45%1.86%1.55%2.01%2.23%2.48%2.26%
HWM
Howmet Aerospace Inc.		0.23%0.31%0.25%0.13%0.05%0.39%1.42%0.88%0.49%0.00%0.00%0.00%
HEI
HEICO Corporation		0.08%0.11%0.12%0.12%0.12%0.12%0.14%0.08%0.22%0.28%1.02%0.80%
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		0.21%0.35%0.45%0.51%0.58%0.47%0.59%0.46%0.53%0.76%0.74%0.63%
DRS
Leonardo DRS Inc. Common Stock		0.00%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.

-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-1.13%
-0.29%
Aero Defense
Benchmark (^GSPC)
Portfolio components

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 10.01%, occurring on Oct 4, 2023. Recovery took 27 trading sessions.

The current Aero Defense drawdown is 1.13%.

Depth

Start

To Bottom

Bottom

To Recover

End

Total

-10.01%Jul 24, 202352Oct 4, 202327Nov 10, 202379
-7.64%Jun 6, 202417Jul 1, 202420Jul 30, 202437
-7.59%Apr 19, 202327May 25, 202317Jun 21, 202344
-5.78%Mar 7, 20237Mar 15, 202313Apr 3, 202320
-5.57%Aug 1, 20243Aug 5, 20244Aug 9, 20247

Volatility

Volatility Chart

The current Aero Defense volatility is 7.62%, 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.

2.00%3.00%4.00%5.00%6.00%7.00%8.00%JuneJulyAugustSeptemberOctoberNovember
7.62%
3.86%
Aero Defense
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.
BMTXBAAXONDRSNOCLMTGERTXLHXTDGCWGDHWMHEI
BMTX1.000.060.090.140.070.010.050.060.10-0.000.050.060.080.05
BA0.061.000.270.240.190.240.260.340.290.330.350.290.460.31
AXON0.090.271.000.310.080.140.440.200.270.450.330.270.420.42
DRS0.140.240.311.000.180.200.320.260.360.370.380.360.410.39
NOC0.070.190.080.181.000.700.120.470.560.180.340.540.190.33
LMT0.010.240.140.200.701.000.170.540.580.230.360.550.260.37
GE0.050.260.440.320.120.171.000.260.280.570.460.370.560.49
RTX0.060.340.200.260.470.540.261.000.490.390.420.560.450.41
LHX0.100.290.270.360.560.580.280.491.000.350.440.570.370.44
TDG-0.000.330.450.370.180.230.570.390.351.000.580.410.680.67
CW0.050.350.330.380.340.360.460.420.440.581.000.580.620.62
GD0.060.290.270.360.540.550.370.560.570.410.581.000.460.52
HWM0.080.460.420.410.190.260.560.450.370.680.620.461.000.59
HEI0.050.310.420.390.330.370.490.410.440.670.620.520.591.00
The correlation results are calculated based on daily price changes starting from Nov 30, 2022