Performance analysis of Formula Systems (1985) (FORTY)
Annual Return
Over the past 3 years, FORTY has had an average annual return of +30.25%, outperforming the benchmark SPY, which returned +22.45% annual.
Over the past 5 years, FORTY has had an average annual return of +12.07%, underperforming the benchmark SPY, which returned +13.88% annual.
Over the past 10 years, FORTY has had an average annual return of +17.90%, outperforming the benchmark SPY, which returned +15.44% annual.
Since Nov 1, 1999, FORTY has had an average annual return of +10.31%, outperforming the benchmark SPY, which returned +8.56% annual.
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| -13.55% | +91.51% | +38.46% | -7.03% | -41.89% | +46.93% | +26% | +93.92% | -10.76% | +2.72% | +54.79% | +22.01% |
| 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 |
| -10.19% | +63.96% | +4.87% | -17.76% | +80.68% | +122.14% | -44.75% | +0.74% | +29.55% | -27.52% | -0.41% | +109.18% |
| 2002 | 2001 | 2000 | 1999 | ||||||||
| -49.66% | -42.85% | -30.12% | +58.26% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -0.81% | -30.09% | -4.79% | +20.13% | +9.43% | -0.41% | -13.55% | ||||||
| 2025 | +2.55% | +3.64% | -5.43% | -0.63% | +25.07% | +16.14% | -13.56% | +17.33% | +8.63% | +0.14% | +6.96% | +11.87% | +91.51% |
| 2024 | +2% | +15.22% | +8.14% | -9.18% | +5.28% | -8.57% | +8.92% | -2.00% | +4.94% | +6.50% | +0.06% | +4.40% | +38.46% |
| 2023 | +11.14% | -13.31% | -3.89% | -4.25% | +11.04% | +7.73% | -3.62% | +2.21% | +2.40% | -22.71% | +4.58% | +7.51% | -7.03% |
| 2022 | -8.20% | -6.96% | -4.91% | -2.87% | -3.99% | -0.36% | +11.40% | +0.10% | -20.43% | -2.59% | +2.77% | -13.31% | -41.89% |
| 2021 | +1.05% | -6.80% | +10.86% | +6.31% | -7.57% | +3.15% | -1.66% | +10.95% | +0.77% | +10.45% | +9.46% | +4.45% | +46.93% |
| 2020 | +2.40% | -2.67% | -21.34% | +28.99% | +11.57% | +0.78% | +11.88% | +7.10% | -16.22% | +9.99% | -6.69% | +7.55% | +26% |
| 2019 | +3.96% | +12.28% | +0.96% | +15.47% | -2.91% | +5.12% | +13.64% | +9.99% | +3.74% | +6.58% | +3.09% | -1.99% | +93.92% |
| 2018 | +5.89% | -11.50% | -4.73% | +0.44% | +3.96% | -5.71% | -3.31% | +17.77% | +7.48% | -13.83% | -4.08% | +0.38% | -10.76% |
| 2017 | -1.76% | +2.02% | -1.18% | -2.09% | +8.31% | -11.58% | +0.35% | +3.79% | +10.83% | -1.94% | +0.70% | -2.97% | +2.72% |
Drawdown analysis of Formula Systems (1985) (FORTY)
The maximum drawdown for the FORTY was -92.58%, occurring on Mar 9, 2009. Recovery took 1880 trading sessions.
The current FORTY drawdown is -24.00%.
Since Nov 1, 1999 FORTY has experienced the following drawdowns:
- 50% or more: 2 times
- 40% or more: 4 times
- 30% or more: 4 times
- 20% or more: 7 times
- 10% or more: 15 times
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -92.58% | Mar 1, 2000 | 2267 | Mar 9, 2009 | 1880 | Aug 24, 2016 | 4147 |
| -54.37% | Nov 15, 2021 | 486 | Oct 23, 2023 | 421 | Jun 30, 2025 | 907 |
| -49.16% | Jan 13, 2020 | 44 | Mar 17, 2020 | 45 | May 20, 2020 | 89 |
| -41.95% | Dec 24, 2025 | 65 | Mar 31, 2026 | Ongoing | Ongoing | Ongoing |
| -27.54% | Jan 22, 2018 | 69 | May 1, 2018 | 233 | Apr 4, 2019 | 302 |
| -23.56% | Aug 18, 2020 | 83 | Dec 15, 2020 | 177 | Aug 30, 2021 | 260 |
| -20.24% | Jul 7, 2025 | 22 | Aug 6, 2025 | 21 | Sep 5, 2025 | 43 |
| -19.64% | May 16, 2017 | 58 | Aug 8, 2017 | 105 | Jan 8, 2018 | 163 |
| -18.13% | Jan 20, 2000 | 5 | Jan 27, 2000 | 7 | Feb 7, 2000 | 12 |
| -17.61% | Dec 14, 1999 | 14 | Jan 4, 2000 | 8 | Jan 14, 2000 | 22 |
| -13.99% | Jun 18, 2020 | 16 | Jul 13, 2020 | 16 | Aug 4, 2020 | 32 |
| -13.85% | Dec 12, 2019 | 15 | Jan 6, 2020 | 5 | Jan 13, 2020 | 20 |
| -13.34% | Jan 6, 2017 | 10 | Jan 23, 2017 | 22 | Feb 23, 2017 | 32 |
| -12.66% | Apr 10, 2019 | 22 | May 13, 2019 | 40 | Jul 10, 2019 | 62 |
| -11.98% | Sep 12, 2025 | 11 | Sep 29, 2025 | 8 | Oct 9, 2025 | 19 |
| -9.81% | Feb 23, 2017 | 29 | Apr 5, 2017 | 28 | May 16, 2017 | 57 |
| -8.50% | Nov 26, 1999 | 3 | Dec 1, 1999 | 2 | Dec 3, 1999 | 5 |
| -8.43% | Sep 7, 2016 | 22 | Oct 7, 2016 | 35 | Nov 28, 2016 | 57 |
| -8.34% | Feb 14, 2000 | 2 | Feb 16, 2000 | 4 | Feb 23, 2000 | 6 |
| -8.29% | Jun 10, 2020 | 1 | Jun 11, 2020 | 4 | Jun 17, 2020 | 5 |
| -8.10% | Oct 14, 2025 | 12 | Oct 30, 2025 | 9 | Nov 12, 2025 | 21 |
| -8.09% | Jul 31, 2019 | 8 | Aug 12, 2019 | 1 | Aug 13, 2019 | 9 |
| -7.47% | Oct 11, 2019 | 19 | Nov 7, 2019 | 6 | Nov 15, 2019 | 25 |
| -7.02% | Sep 23, 2021 | 7 | Oct 4, 2021 | 7 | Oct 13, 2021 | 14 |
| -7.01% | Nov 18, 2025 | 3 | Nov 21, 2025 | 7 | Dec 3, 2025 | 10 |