eVTOL
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
| Position | Category/Sector | Weight |
|---|---|---|
ACHR Archer Aviation Inc. | Industrials | 40% |
BLDE Blade Air Mobility, Inc. | Industrials | 15% |
JOBY Joby Aviation, Inc. | Industrials | 30% |
LILM Lilium N.V. | Industrials | 15% |
Performance
Performance Chart
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
The earliest data available for this chart is Sep 14, 2021, corresponding to the inception date of LILM
Returns By Period
| YTD | 1M | 6M | 1Y | 5Y (annualized) | 10Y (annualized) | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | 25.76% | 2.84% | 14.58% | 31.82% | 13.85% | 11.34% |
| eVTOL | 15.18% | 86.86% | 73.34% | 20.41% | N/A | N/A |
| Portfolio components: | ||||||
BLDE Blade Air Mobility, Inc. | 24.36% | 15.22% | 45.85% | 32.23% | -14.84% | N/A |
ACHR Archer Aviation Inc. | 31.60% | 140.48% | 152.50% | 31.60% | N/A | N/A |
JOBY Joby Aviation, Inc. | 20.30% | 59.68% | 66.32% | 31.80% | N/A | N/A |
LILM Lilium N.V. | -92.69% | -10.10% | -90.36% | -92.23% | N/A | N/A |
Monthly Returns
The table below presents the monthly returns of eVTOL, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -20.73% | 4.09% | -4.80% | -6.53% | -8.59% | 5.15% | 13.07% | -16.73% | -3.00% | -9.37% | 15.18% | ||
| 2023 | 37.48% | 0.62% | -11.36% | -20.82% | 49.90% | 55.73% | 18.30% | -7.05% | -24.73% | -12.15% | 32.01% | 7.48% | 133.82% |
| 2022 | -40.80% | 4.75% | 32.86% | -10.52% | -6.73% | -22.65% | 23.29% | -10.25% | -20.11% | 5.67% | -10.87% | -23.07% | -65.93% |
| 2021 | 4.57% | -21.69% | -5.11% | -3.50% | -25.01% |
Expense Ratio
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.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of eVTOL is 3, indicating that it is in the bottom 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.
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 | |
|---|---|---|---|---|---|
BLDE Blade Air Mobility, Inc. | 0.45 | 1.10 | 1.15 | 0.42 | 1.86 |
ACHR Archer Aviation Inc. | 0.49 | 1.41 | 1.14 | 0.50 | 0.89 |
JOBY Joby Aviation, Inc. | 0.48 | 1.33 | 1.15 | 0.60 | 1.38 |
LILM Lilium N.V. | -0.54 | -0.92 | 0.85 | -0.92 | -2.05 |
Dividends
Dividend yield
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 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 79.31%, occurring on Apr 26, 2023. The portfolio has not yet recovered.
The current eVTOL drawdown is 42.42%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -79.31% | Sep 24, 2021 | 399 | Apr 26, 2023 | — | — | — |
| -4.87% | Sep 20, 2021 | 1 | Sep 20, 2021 | 3 | Sep 23, 2021 | 4 |
| -2.48% | Sep 15, 2021 | 1 | Sep 15, 2021 | 1 | Sep 16, 2021 | 2 |
Volatility
Volatility Chart
The current eVTOL volatility is 30.43%, 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
| LILM | BLDE | ACHR | JOBY | |
|---|---|---|---|---|
| LILM | 1.00 | 0.37 | 0.45 | 0.50 |
| BLDE | 0.37 | 1.00 | 0.46 | 0.51 |
| ACHR | 0.45 | 0.46 | 1.00 | 0.63 |
| JOBY | 0.50 | 0.51 | 0.63 | 1.00 |