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eVTOL

Last updated Mar 2, 2024

This portfolio exclusively holds shares of companies building and commercializing eVTOL (electric vertical take-off and landing) technology. This class of aircraft is conjectured to be superior to traditional helicopters in terms of cost, noise level, and safety. Applications include urban air travel, logistics, emergency transport, military, etc. This particular portfolio combines ACHR, JOBY, BLDE, and LILM to maximize long-term returns. Risk is not optimized for, but the portfolio has an acceptable Sharpe ratio.

Asset Allocation


ACHR 40%JOBY 30%BLDE 15%LILM 15%EquityEquity
PositionCategory/SectorWeight
ACHR
Archer Aviation Inc.
Industrials

40%

JOBY
Joby Aviation, Inc.
Industrials

30%

BLDE
Blade Air Mobility, Inc.
Industrials

15%

LILM
Lilium N.V.
Industrials

15%

S&P 500

Performance

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


-60.00%-40.00%-20.00%0.00%20.00%40.00%OctoberNovemberDecember2024FebruaryMarch
-58.47%
38.49%
eVTOL
Benchmark (^GSPC)
Portfolio components

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

Returns


Year-To-Date1 month6 months1 year5 years (annualized)10 years (annualized)
^GSPC
S&P 500
7.70%6.01%13.76%29.03%12.89%10.63%
eVTOL-19.39%-1.36%-20.58%35.55%N/AN/A
BLDE
Blade Air Mobility, Inc.
-5.10%11.30%7.03%-24.89%N/AN/A
ACHR
Archer Aviation Inc.
-25.90%-7.89%-29.57%47.25%N/AN/A
JOBY
Joby Aviation, Inc.
-17.74%-4.37%-25.38%19.96%N/AN/A
LILM
Lilium N.V.
-18.64%11.63%-12.73%-2.34%N/AN/A

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
2024-20.73%4.12%
2023-7.05%-24.73%-12.15%32.01%7.48%

Sharpe Ratio

The current eVTOL Sharpe ratio is 0.57. A Sharpe ratio between 0 and 1.0 is considered sub-optimal.

0.002.004.000.57

The Sharpe ratio of eVTOL is in the bottom 25%, suggesting that this portfolio isn't performing as well in terms of risk-adjusted returns compared to many others. This could be due to lower returns, higher volatility, or both. It might be an indication that the portfolio needs fine-tuning.


Rolling 12-month Sharpe Ratio0.000.501.001.502.002.50OctoberNovemberDecember2024FebruaryMarch
0.57
2.44
eVTOL
Benchmark (^GSPC)
Portfolio components

Dividend yield


eVTOL doesn't pay dividends

Expense Ratio

The eVTOL 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

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 ratioSortino ratioOmega ratioCalmar ratioUlcer Index
^GSPC
S&P 500
2.44
eVTOL
0.57
BLDE
Blade Air Mobility, Inc.
-0.37
ACHR
Archer Aviation Inc.
0.62
JOBY
Joby Aviation, Inc.
0.30
LILM
Lilium N.V.
-0.03

Asset Correlations Table

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

BLDELILMACHRJOBY
BLDE1.000.380.460.48
LILM0.381.000.470.49
ACHR0.460.471.000.58
JOBY0.480.490.581.00

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%OctoberNovemberDecember2024FebruaryMarch
-72.09%
0
eVTOL
Benchmark (^GSPC)
Portfolio components

Worst Drawdowns

The table below displays the maximum drawdowns of the eVTOL. 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 eVTOL was 86.79%, occurring on Apr 26, 2023. The portfolio has not yet recovered.

The current eVTOL drawdown is 72.09%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-86.79%Feb 19, 2021550Apr 26, 2023
-8.5%Jan 25, 20213Jan 27, 20217Feb 5, 202110
-3.5%Dec 29, 20206Jan 6, 20212Jan 8, 20218
-2.14%Jan 15, 20211Jan 15, 20212Jan 20, 20213
-0.53%Feb 9, 20211Feb 9, 20211Feb 10, 20212

Volatility Chart

The current eVTOL volatility is 17.15%, 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%OctoberNovemberDecember2024FebruaryMarch
17.15%
3.47%
eVTOL
Benchmark (^GSPC)
Portfolio components
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