Performance · NFAI vs the market
Track record
EstablishedPut $100 into NFAI at the start of this window and you'd have $101.42 today; the same $100 in the S&P 500 would be $99.99. On 22 trading days, the risk-adjusted picture is genuinely ahead — Sharpe 0.97 against the market's -0.15.
NFAI return
+1.4%
S&P 500 return
−0.0%
Difference
+1.4%
Realized / on paper
−$6,873 / +$6,576
2026-06-12 → 2026-07-30 · 22 trading days · total equity incl. cash · risk-free 3.8%
These returns come from the names the engine actually holds.
The book →Both lines start at 100 on the first recorded day, so they’re directly comparable. This is the realized record from the daily marks — not a backtest of today’s holdings.
The full rigor, every term explained on hover. Muted values are provisional — their sample is below the bar; full-weight values have cleared it. Risk-adjusted metrics need 20 daily observations; the book has 22.
| Metric | NFAI | SPY |
|---|---|---|
| The average yearly growth rate — what this pace works out to if it held for a full year. | +17.5% | −0.1% |
| How much the value swings around, scaled to a year. Higher means a bumpier ride. | 13.7% | 16.7% |
| The worst drop from a high point to a low point — the deepest dip you'd have had to sit through. | −2.9% | −3.4% |
| Return earned for each unit of risk taken. Higher is better; above 1 is good. | 0.97 | -0.15 |
| Like Sharpe, but it only counts the downside swings — reward per unit of bad volatility. |
Total-equity returns include cash, so the comparison against a fully-invested SPY is apples-to-apples. Realized P&L reflects closed trades; “on paper” reflects open positions. Educational, not investment advice.
| 1.45 |
| — |
| Yearly return divided by the worst drop — reward measured against the deepest pain. | 5.98 | — |
| How much the book moves when the market moves. 1.0 = moves with the market; below 1 = steadier. | 0.38 | 1.00 |
| Extra return the engine added beyond what its market exposure alone would explain. Positive = genuine skill. | +15.2% | — |
| How far the book's path strays from the market's, scaled to a year. | 16.0% | — |
| Extra return over the market for each unit of straying from it — the consistency of the edge. | 1.10 | — |
| On days the market rises, how much of that rise the book catches. Above 100% beats the market on up days. | 0.39 | — |
| On days the market falls, how much of that fall the book takes. Below 100% means it loses less than the market. | 0.24 | — |
