EU Defence
Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
BA.L BAE Systems plc | Industrials | 20% |
HO.PA Thales S.A. | Industrials | 20% |
RHM.DE Rheinmetall AG | Industrials | 20% |
RYCEY Rolls-Royce Holdings plc | Industrials | 20% |
SAF.PA Safran SA | Industrials | 20% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in EU Defence, 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 Oct 15, 2004, corresponding to the inception date of RYCEY
Returns By Period
As of Apr 19, 2025, the EU Defence returned 70.51% Year-To-Date and 22.88% of annualized return in the last 10 years.
| YTD | 1M | 6M | 1Y | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | -10.18% | -6.92% | -9.92% | 5.42% | 12.98% | 9.70% |
| EU Defence | 70.51% | -0.10% | 63.77% | 83.42% | 48.64% | 22.88% |
| Portfolio components: | ||||||
BA.L BAE Systems plc | 60.24% | 5.86% | 34.48% | 45.25% | 30.57% | 15.59% |
RHM.DE Rheinmetall AG | 160.11% | 10.58% | 213.68% | 209.65% | 94.04% | 44.16% |
RYCEY Rolls-Royce Holdings plc | 35.94% | -10.04% | 30.86% | 93.25% | 39.97% | 5.33% |
SAF.PA Safran SA | 9.82% | -14.27% | 3.17% | 9.93% | 22.50% | 13.44% |
HO.PA Thales S.A. | 100.29% | 6.73% | 73.41% | 77.79% | 31.20% | 18.95% |
Monthly Returns
The table below presents the monthly returns of EU Defence, 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 | 11.92% | 20.54% | 19.15% | 6.07% | 70.51% | ||||||||
| 2024 | 4.51% | 14.19% | 14.31% | -2.38% | 7.91% | -7.38% | 2.04% | 7.01% | -1.44% | -2.30% | 4.62% | -3.88% | 40.74% |
| 2023 | 10.46% | 10.71% | 8.64% | 3.50% | -8.34% | 6.75% | 6.96% | 3.85% | -4.16% | 4.52% | 9.14% | 5.12% | 71.74% |
| 2022 | 2.41% | 19.78% | 10.21% | -4.06% | -2.43% | 2.24% | -1.68% | -8.47% | -7.61% | 12.88% | 12.01% | 1.95% | 38.64% |
| 2021 | -7.05% | 6.22% | 1.20% | 3.62% | 3.22% | -5.17% | 1.43% | 1.19% | 3.54% | -0.95% | -9.85% | 4.72% | 0.71% |
| 2020 | 2.70% | -11.19% | -26.90% | -1.60% | 1.37% | 4.27% | -0.65% | 6.58% | -15.48% | 1.00% | 83.52% | -24.16% | -12.76% |
| 2019 | 8.94% | 3.69% | -2.18% | 4.68% | -8.06% | 9.68% | -2.41% | -1.14% | 5.03% | -3.35% | -1.59% | 1.22% | 13.79% |
| 2018 | 8.42% | -4.15% | 3.79% | 1.79% | 0.02% | 1.54% | 2.62% | -1.17% | 1.61% | -13.68% | -1.28% | -4.16% | -6.15% |
| 2017 | 1.34% | 6.41% | 2.49% | 8.95% | 6.42% | 0.16% | 1.77% | 0.91% | 5.23% | 0.73% | -1.86% | 1.03% | 38.53% |
| 2016 | -1.23% | 3.67% | 7.88% | -1.19% | -2.81% | -3.20% | 7.89% | -0.50% | -1.14% | -1.62% | 2.96% | -1.11% | 9.16% |
| 2015 | 1.23% | 9.47% | -3.67% | 8.16% | -0.38% | -6.23% | 5.60% | 1.20% | -2.98% | 3.14% | 0.07% | -2.12% | 12.98% |
| 2014 | -0.47% | 0.73% | -0.87% | -2.29% | 1.19% | 2.03% | -7.28% | -0.54% | -3.74% | -7.05% | 1.92% | 0.75% | -15.05% |
Expense Ratio
EU Defence 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.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 98, EU Defence is among the top 2% 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 | |
|---|---|---|---|---|---|
BA.L BAE Systems plc | 1.18 | 1.96 | 1.25 | 1.90 | 4.21 |
RHM.DE Rheinmetall AG | 4.41 | 4.92 | 1.67 | 11.21 | 26.64 |
RYCEY Rolls-Royce Holdings plc | 2.07 | 2.72 | 1.40 | 2.40 | 16.41 |
SAF.PA Safran SA | 0.32 | 0.62 | 1.09 | 0.42 | 1.39 |
HO.PA Thales S.A. | 2.12 | 3.16 | 1.43 | 3.03 | 5.85 |
Dividends
Dividend yield
EU Defence provided a 0.94% dividend yield over the last twelve months.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Portfolio | 0.94% | 1.43% | 1.43% | 1.48% | 1.97% | 29.50% | 2.29% | 2.35% | 1.85% | 2.18% | 2.45% | 2.62% |
| Portfolio components: | ||||||||||||
BA.L BAE Systems plc | 1.92% | 2.69% | 2.53% | 2.99% | 4.40% | 7.57% | 4.00% | 4.79% | 3.75% | 3.57% | 4.14% | 4.30% |
RHM.DE Rheinmetall AG | 0.39% | 0.93% | 1.50% | 1.77% | 2.41% | 5.54% | 2.05% | 2.20% | 1.37% | 1.72% | 0.49% | 1.10% |
RYCEY Rolls-Royce Holdings plc | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 133.87% | 1.70% | 1.44% | 1.34% | 1.92% | 4.03% | 2.70% |
SAF.PA Safran SA | 1.04% | 1.04% | 0.85% | 0.43% | 0.40% | 0.00% | 1.32% | 1.53% | 0.97% | 2.15% | 1.96% | 2.34% |
HO.PA Thales S.A. | 1.36% | 2.49% | 2.27% | 2.23% | 2.62% | 0.53% | 2.36% | 1.76% | 1.84% | 1.53% | 1.64% | 2.64% |
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 EU Defence. 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 EU Defence was 57.87%, occurring on Nov 21, 2008. Recovery took 622 trading sessions.
The current EU Defence drawdown is 1.55%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -57.87% | Oct 15, 2007 | 287 | Nov 21, 2008 | 622 | Apr 20, 2011 | 909 |
| -52.83% | Sep 21, 2018 | 384 | Mar 18, 2020 | 182 | Nov 30, 2020 | 566 |
| -31.48% | Jul 5, 2011 | 66 | Oct 4, 2011 | 313 | Dec 18, 2012 | 379 |
| -31.25% | Dec 2, 2020 | 41 | Jan 29, 2021 | 298 | Mar 24, 2022 | 339 |
| -26.36% | Mar 28, 2022 | 131 | Sep 27, 2022 | 70 | Jan 4, 2023 | 201 |
Volatility
Volatility Chart
The current EU Defence volatility is 13.92%, 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
| RYCEY | RHM.DE | BA.L | SAF.PA | HO.PA | |
|---|---|---|---|---|---|
| RYCEY | 1.00 | 0.39 | 0.47 | 0.50 | 0.42 |
| RHM.DE | 0.39 | 1.00 | 0.45 | 0.48 | 0.52 |
| BA.L | 0.47 | 0.45 | 1.00 | 0.43 | 0.52 |
| SAF.PA | 0.50 | 0.48 | 0.43 | 1.00 | 0.55 |
| HO.PA | 0.42 | 0.52 | 0.52 | 0.55 | 1.00 |