Greenwave Capital Management : Greenwave Flagship Plus Need help with terms? Snapshot Strategy Charts Statistics & Ratios Performance Tables Badges Show All Year-to-Date 3.28% Aug Performance 0.01% Min Investment $ 1,000k Mgmt. Fee 2.00% Perf. Fee 20.00% Annualized Vol 11.07% Sharpe (RFR=1%) 0.45 CAROR 5.54% Assets $ 212.0M Worst DD -11.62 S&P Correlation -0.31 Add Alert Add to Blender Add to Portfolio Add to Watchlist Print Page Growth of 1,000 - VAMI Monthly Performance Export Data Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec YTD DD Past performance is not necessarily indicative of future results. The risk of loss in trading commodity futures, options, and foreign exchange ("forex") is substantial. Period Returns Program / Index Aug Qtr YTD 1yr 3yr 5yr 10yr Since6/2008 Greenwave Flagship Plus 0.01 -2.36 -3.28 -2.63 -4.03 -0.55 52.66 104.40 S&P 500 3.04 7.72 24.49 33.58 61.14 113.19 279.65 261.52 +/- S&P 500 -3.03 -10.08 -27.77 -36.21 -65.16 -113.74 -226.99 -157.12 Strategy Description SummaryGreenwave employs a discretionary global macro approach with an emphasis on G20 currencies. GCM incorporates a two step investment process. We begin with top down, macroeconomic analysis to determine the fundamental themes in which to engage. The goal is to identify the dominant drivers... Read More Account & Fees Type Managed Account Minimum Investment $ 1,000k Trading Level Incremental Increase $ 0k CTA Max Funding Factor 1.00 Management Fee 2.00% Performance Fee 20.00% Average Commission $1.00 Available to US Investors Yes Subscriptions High Water Mark Yes Subscription Frequency Redemption Frequency Daily Investor Requirements QEP Lock-up Period 0 Trading Trading Frequency 4000 RT/YR/$M Avg. Margin-to-Equity 0% Targeted Worst DD -12.00% Worst Peak-to-Trough 11.75% Sector Focus Currency Traders Holding Periods Over 12 Months 0% 4-12 Months 0% 1-3 Months 0% 1-30 Days 20.00% Intraday 80.00% Decision-Making Discretionary 100.00% Systematic 0% Strategy Counter-trend 20.00% Fundamental 50.00% Option-purchasing 5.00% Seasonal/cyclical 5.00% Spreading/hedging 5.00% Trend-following 15.00% Composition Currency Futures 55.00% Currency FX 40.00% Stock Indices 2.00% Precious Metals 1.00% Energy 1.00% Interest Rates 1.00% SummaryGreenwave employs a discretionary global macro approach with an emphasis on G20 currencies. GCM incorporates a two step investment process. We begin with top down, macroeconomic analysis to determine the fundamental themes in which to engage. The goal is to identify the dominant drivers in the current market environment with a focus on central bank activity, political trends and geopolitical events. From this, GCM develops fundamental themes typically looking six to twelve months forward. In the second step, we employ a multi-layered quantitative process to identify the optimal timing and trade location at which to deploy risk in these themes. While themes are typically six to twelve months in duration, GCM will tactically trade around these core exposures. In addition, we will take shorter term tactical trades based purely on technical analysis when the opportunity presents itself.Risk ManagementRisk is measured by risk-to-stop. Location of stops are based on our proprietary measure of market volatility. The goal is to place the stop at a point that will not be elected by random noise. The greater the distance from trade initiation to stop level, the smaller the position size. Portfolio risk is measured through total risk-to-stop, which assumes no correlation benefits across positions. Compare to: {{result.name}} {{result.description}} Index: Chart Type: AUM & Cumulative Returns Cumulative Returns Distribution Rolling Past performance is not necessarily indicative of future results. The risk of loss in trading commodity futures, options, and foreign exchange ("forex") is substantial. Compare to: Index: Select an Index Hang Seng Russell 2000 DAX FTSE 100 S&P 500 Index 10-Year Note VIX S&P 500 Monthly Annual Reward Average RoR: Max Gain: Gain Frequency: Average Gain: Gain Deviation: Risk Standard Deviation: Worst Loss: Loss Frequency: Average Loss: Loss Deviation: Reward/Risk Sharpe Ratio: (RF=1%) Skewness: Kurtosis: Reward Compound RoR: Average RoR: Max Gain: Gain Frequency: Average Gain: Gain Deviation: Risk Standard Deviation: Worst Loss: Loss Frequency: Average Loss: Loss Deviation: Reward/Risk Sharpe Ratio: (RF=1%) Skewness: Kurtosis: Past performance is not necessarily indicative of future results. The risk of loss in trading commodity futures, options, and foreign exchange ("forex") is substantial. Note: Figures shown in the Monthly column are the greatest figures (or worst for losses/drawdowns) for any particular month. The Annual figures are the greatest for any calendar year. Drawdown Report Depth Length (Mos.) Recovery (Mos.) Peak Valley -11.62 6 9 2/1/2009 8/1/2009 -9.17 3 1 5/1/2011 8/1/2011 -6.07 3 1 6/1/2008 9/1/2008 -5.52 2 1 10/1/2008 12/1/2008 -5.34 13 - 10/1/2018 11/1/2019 -4.29 13 14 5/1/2013 6/1/2014 -3.76 4 5 6/1/2012 10/1/2012 -2.50 4 2 9/1/2010 1/1/2011 -2.08 3 8 9/1/2017 12/1/2017 -1.70 1 1 8/1/2016 9/1/2016 -1.69 2 5 12/1/2016 2/1/2017 -1.64 2 1 8/1/2015 10/1/2015 -1.38 2 4 2/1/2016 4/1/2016 -0.50 2 1 11/1/2015 1/1/2016 -0.11 1 1 8/1/2018 9/1/2018 Show More Consecutive Gains Run-up Length (Mos.) Start End 49.19 9 9/1/2011 5/1/2012 23.82 1 10/1/2008 10/1/2008 16.50 8 2/1/2010 9/1/2010 15.10 2 1/1/2009 2/1/2009 8.78 4 2/1/2011 5/1/2011 8.23 2 9/1/2009 10/1/2009 4.12 7 11/1/2012 5/1/2013 3.56 3 9/1/2014 11/1/2014 3.44 3 10/1/2016 12/1/2016 3.43 2 2/1/2020 3/1/2020 3.23 1 6/1/2008 6/1/2008 2.99 1 8/1/2008 8/1/2008 2.92 5 5/1/2017 9/1/2017 2.80 2 7/1/2015 8/1/2015 2.64 1 11/1/2015 11/1/2015 2.27 1 5/1/2015 5/1/2015 2.02 3 6/1/2020 8/1/2020 1.92 3 11/1/2013 1/1/2014 1.86 3 5/1/2019 7/1/2019 1.74 1 2/1/2016 2/1/2016 1.70 2 2/1/2021 3/1/2021 1.40 4 5/1/2016 8/1/2016 1.40 3 4/1/2018 6/1/2018 1.36 1 3/1/2015 3/1/2015 1.34 1 4/1/2009 4/1/2009 1.25 2 1/1/2018 2/1/2018 1.17 1 8/1/2018 8/1/2018 1.14 3 10/1/2020 12/1/2020 0.86 1 10/1/2018 10/1/2018 0.75 1 3/1/2017 3/1/2017 0.66 1 12/1/2019 12/1/2019 0.38 1 7/1/2014 7/1/2014 0.38 1 11/1/2010 11/1/2010 0.11 1 12/1/2018 12/1/2018 0.07 1 6/1/2009 6/1/2009 0.01 1 8/1/2021 8/1/2021 Show More Consecutive Losses Run-up Length (Mos.) Start End -11.38 2 7/1/2009 8/1/2009 -9.17 3 6/1/2011 8/1/2011 -5.52 2 11/1/2008 12/1/2008 -5.40 1 7/1/2008 7/1/2008 -4.47 3 11/1/2009 1/1/2010 -3.89 4 8/1/2019 11/1/2019 -3.76 5 6/1/2012 10/1/2012 -3.59 1 9/1/2008 9/1/2008 -3.49 5 6/1/2013 10/1/2013 -3.29 4 1/1/2019 4/1/2019 -3.18 4 4/1/2021 7/1/2021 -2.69 5 2/1/2014 6/1/2014 -2.46 3 12/1/2014 2/1/2015 -2.41 2 4/1/2020 5/1/2020 -2.35 2 12/1/2010 1/1/2011 -2.32 1 4/1/2015 4/1/2015 -2.08 3 10/1/2017 12/1/2017 -1.78 1 1/1/2021 1/1/2021 -1.70 1 9/1/2016 9/1/2016 -1.69 2 1/1/2017 2/1/2017 -1.64 2 9/1/2015 10/1/2015 -1.42 1 3/1/2009 3/1/2009 -1.38 2 3/1/2016 4/1/2016 -0.80 1 3/1/2018 3/1/2018 -0.57 1 7/1/2018 7/1/2018 -0.53 1 10/1/2010 10/1/2010 -0.50 2 12/1/2015 1/1/2016 -0.47 1 9/1/2020 9/1/2020 -0.35 1 4/1/2017 4/1/2017 -0.34 1 6/1/2015 6/1/2015 -0.29 1 1/1/2020 1/1/2020 -0.24 1 5/1/2009 5/1/2009 -0.22 1 8/1/2014 8/1/2014 -0.12 1 11/1/2018 11/1/2018 -0.11 1 9/1/2018 9/1/2018 Show More Top Performer Badges Index Award Type Rank Performance Period Discretionary Trader Index Month 8 0.98 7/2021 Discretionary Trader Index Month 9 2.64 11/2015 Past performance is not necessarily indicative of future results. The risk of loss in trading commodity futures, options, and foreign exchange ("forex") is substantial. x {{title}} x {{title}} Add Cancel