Altegris Futures Evolution Strategy Fund (EVOIX)
The investment seeks long term capital appreciation. The fund seeks to achieve its investment objective by allocating its assets between a "Managed Futures" strategy and a "Fixed Income" strategy. The Adviser expects that less than 100%, typically 15-25%, of the fund's total net assets will be invested in and/or used as collateral for, gaining exposure to Managed Futures strategies. The adviser expects that less than 100%, typically 60-80%, of the fund's total net assets will be allocated to Fixed Income strategies.
Fund Info
| ISIN | US66537Y5950 |
|---|---|
| CUSIP | 66537Y595 |
| Issuer | Altegris |
| Inception Date | Oct 30, 2011 |
| Category | Systematic Trend |
| Min. Investment | $1,000,000 |
| Asset Class | Alternatives |
Expense Ratio
EVOIX has a high expense ratio of 1.34%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Altegris Futures Evolution Strategy Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Altegris Futures Evolution Strategy Fund had a return of 13.41% year-to-date (YTD) and 18.27% in the last 12 months. Over the past 10 years, Altegris Futures Evolution Strategy Fund had an annualized return of 5.59%, while the S&P 500 had an annualized return of 10.37%, indicating that Altegris Futures Evolution Strategy Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 13.41% | 5.57% |
| 1 month | 1.08% | -4.16% |
| 6 months | 12.62% | 20.07% |
| 1 year | 18.27% | 20.82% |
| 5 years (annualized) | 5.51% | 11.56% |
| 10 years (annualized) | 5.59% | 10.37% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 2.71% | 4.83% | 4.20% | |||||||||
| 2023 | -0.91% | -1.05% | 0.35% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of EVOIX is 93, placing it in the top 7% of the market in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Altegris Futures Evolution Strategy Fund(EVOIX)
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.
Dividends
Dividend History
Altegris Futures Evolution Strategy Fund granted a 2.03% dividend yield in the last twelve months. The annual payout for that period amounted to $0.16 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.16 | $0.14 | $2.37 | $0.79 | $0.18 | $0.15 | $0.50 | $0.16 | $0.70 | $0.94 | $1.22 | $0.10 |
Dividend yield | 2.03% | 1.94% | 34.86% | 9.73% | 2.23% | 1.63% | 5.52% | 1.57% | 7.27% | 9.05% | 11.09% | 1.08% |
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.02 | $0.02 | |||||||||
| 2023 | $0.00 | $0.00 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.45 | $0.45 | $0.47 | $0.99 |
| 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 |
| 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 |
| 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 |
| 2018 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.38 |
| 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 |
| 2016 | $0.01 | $0.01 | $0.02 | $0.01 | $0.01 | $0.01 | $0.04 | $0.01 | $0.02 | $0.02 | $0.00 | $0.52 |
| 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 |
| 2014 | $0.01 | $0.01 | $0.01 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $1.10 |
| 2013 | $0.01 | $0.00 | $0.01 | $0.00 | $0.01 | $0.07 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
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 29.57%, occurring on Sep 24, 2020. Recovery took 365 trading sessions.
The current Altegris Futures Evolution Strategy Fund drawdown is 1.25%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -29.57% | Sep 4, 2019 | 268 | Sep 24, 2020 | 365 | Mar 8, 2022 | 633 |
| -17.02% | Jan 29, 2018 | 239 | Jan 9, 2019 | 163 | Sep 3, 2019 | 402 |
| -13.75% | May 20, 2013 | 74 | Sep 3, 2013 | 184 | May 28, 2014 | 258 |
| -13.62% | Jun 14, 2022 | 191 | Mar 17, 2023 | 225 | Feb 8, 2024 | 416 |
| -11.74% | Feb 12, 2016 | 352 | Jul 6, 2017 | 126 | Jan 4, 2018 | 478 |
Volatility
Volatility Chart
The current Altegris Futures Evolution Strategy Fund volatility is 1.97%, 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.