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Altegris Futures Evolution Strategy Fund (EVOIX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISIN

US66537Y5950

CUSIP

66537Y595

Issuer

Altegris

Inception Date

Oct 30, 2011

Min. Investment

$1,000,000

Asset Class

Alternatives

Expense Ratio

EVOIX has a high expense ratio of 1.34%, indicating above-average management fees.


Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
EVOIX vs. MAFIX
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Performance

Performance Chart


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Returns By Period

Altegris Futures Evolution Strategy Fund (EVOIX) returned -8.70% year-to-date (YTD) and -14.66% over the past 12 months. Over the past 10 years, EVOIX returned 1.63% annually, underperforming the S&P 500 benchmark at 10.46%.


EVOIX

YTD

-8.70%

1M

-0.59%

6M

-7.83%

1Y

-14.66%

5Y*

4.52%

10Y*

1.63%

^GSPC (Benchmark)

YTD

-3.77%

1M

7.44%

6M

-5.60%

1Y

8.37%

5Y*

14.12%

10Y*

10.46%

*Annualized

Monthly Returns

The table below presents the monthly returns of EVOIX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025-0.15%-2.74%0.05%-4.62%-1.48%-8.70%
20242.71%4.84%4.20%1.07%-1.19%-1.68%-2.13%-1.91%0.16%-3.18%0.43%0.81%3.86%
2023-0.29%2.44%-4.63%3.49%2.91%2.86%-2.20%0.03%2.49%-0.90%-1.04%0.36%5.28%
20222.35%2.91%9.41%4.84%-0.31%-0.72%-4.25%3.46%2.64%-0.65%-6.59%-0.01%12.84%
20210.34%3.29%1.12%3.31%2.61%-1.69%1.28%1.15%2.61%2.78%-5.45%0.56%12.21%
20201.11%-2.79%-10.11%0.25%-2.99%-2.65%-0.38%-2.93%-0.97%0.53%0.94%7.09%-12.95%
2019-2.54%1.15%3.28%3.39%-3.15%1.41%4.76%7.02%-5.77%-3.66%-1.68%0.75%4.23%
20184.86%-9.42%0.12%1.87%-2.47%1.49%-0.04%3.45%-1.27%-5.24%2.01%-2.33%-7.56%
2017-1.14%2.84%-0.83%-0.43%0.63%-2.60%-0.21%4.28%-3.23%5.99%0.03%3.86%9.11%
20164.94%2.45%-3.79%-2.86%-2.18%6.44%1.75%-2.54%-0.54%-3.74%-1.54%1.05%-1.18%
20155.91%-0.73%2.51%-4.16%-0.36%-4.52%5.88%-5.88%5.30%-2.56%4.70%-1.85%3.26%
2014-1.39%2.78%-0.33%2.40%2.87%1.19%-1.42%5.22%-0.18%3.10%7.06%2.59%26.24%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of EVOIX is 0, meaning it’s performing worse than 100% of other mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of EVOIX is 00
Overall Rank
The Sharpe Ratio Rank of EVOIX is 00
Sharpe Ratio Rank
The Sortino Ratio Rank of EVOIX is 00
Sortino Ratio Rank
The Omega Ratio Rank of EVOIX is 00
Omega Ratio Rank
The Calmar Ratio Rank of EVOIX is 00
Calmar Ratio Rank
The Martin Ratio Rank of EVOIX is 11
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

The charts below present risk-adjusted performance metrics for Altegris Futures Evolution Strategy Fund (EVOIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


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.

Altegris Futures Evolution Strategy Fund Sharpe ratios as of May 11, 2025 (values are recalculated daily):

  • 1-Year: -1.74
  • 5-Year: 0.46
  • 10-Year: 0.15
  • All Time: 0.29

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).

The chart below shows the rolling Sharpe ratio of Altegris Futures Evolution Strategy Fund compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time. For deeper analysis or to customize the calculation, use the Sharpe ratio tool.


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Dividends

Dividend History

Altegris Futures Evolution Strategy Fund provided a 11.10% dividend yield over the last twelve months, with an annual payout of $0.67 per share.


0.00%5.00%10.00%15.00%20.00%25.00%30.00%35.00%$0.00$0.50$1.00$1.50$2.0020142015201620172018201920202021202220232024
Dividends
Dividend Yield
PeriodTTM20242023202220212020201920182017201620152014
Dividend$0.67$0.67$0.14$2.37$0.79$0.18$0.15$0.50$0.16$0.70$0.94$1.22

Dividend yield

11.10%10.09%1.95%34.87%9.74%2.22%1.64%5.54%1.59%7.28%9.04%11.07%

Monthly Dividends

The table displays the monthly dividend distributions for Altegris Futures Evolution Strategy Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.00$0.02$0.01$0.01$0.00$0.05
2024$0.00$0.02$0.02$0.01$0.02$0.02$0.02$0.02$0.11$0.11$0.11$0.22$0.67
2023$0.00$0.01$0.01$0.01$0.01$0.01$0.01$0.01$0.02$0.02$0.02$0.03$0.14
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.45$0.46$0.47$0.99$2.37
2021$0.01$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.04$0.04$0.04$0.65$0.79
2020$0.00$0.01$0.01$0.01$0.01$0.01$0.01$0.02$0.02$0.02$0.02$0.04$0.18
2019$0.00$0.01$0.01$0.01$0.02$0.02$0.01$0.01$0.01$0.01$0.01$0.02$0.15
2018$0.01$0.01$0.01$0.01$0.02$0.01$0.01$0.01$0.01$0.01$0.01$0.38$0.50
2017$0.03$0.01$0.01$0.01$0.01$0.03$0.00$0.02$0.01$0.01$0.01$0.01$0.16
2016$0.02$0.01$0.02$0.01$0.01$0.02$0.04$0.01$0.02$0.02$0.00$0.52$0.70
2015$0.01$0.01$0.02$0.02$0.03$0.02$0.03$0.02$0.02$0.02$0.02$0.72$0.94
2014$0.01$0.01$0.01$0.02$0.01$0.01$0.01$0.01$0.01$0.01$0.01$1.11$1.22

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 Altegris Futures Evolution Strategy Fund. 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 Altegris Futures Evolution Strategy Fund was 29.56%, occurring on Sep 24, 2020. Recovery took 365 trading sessions.

The current Altegris Futures Evolution Strategy Fund drawdown is 17.29%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-29.56%Sep 4, 2019268Sep 24, 2020365Mar 8, 2022633
-17.43%Apr 12, 2024265May 2, 2025
-17.01%Jan 29, 2018239Jan 9, 2019163Sep 3, 2019402
-13.75%May 20, 201374Sep 3, 2013185May 29, 2014259
-13.61%Jun 14, 2022191Mar 17, 2023225Feb 8, 2024416

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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