Performance analysis of Chicago Atlantic Real Estate Finance (REFI)
Annual Return
Over the past 3 years, REFI has had an average annual return of +2.12%, underperforming the benchmark SPY, which returned +19.31% annual.
Since Dec 8, 2021, REFI has had an average annual return of +3.75%, underperforming the benchmark SPY, which returned +11.98% annual.
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| -7.60% | -8.70% | +8.62% | +23.90% | +3.42% | +0.97% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +1.15% | -2.02% | -2.97% | +5.21% | -4.53% | -1.58% | -2.80% | -7.60% | |||||
| 2025 | -0.33% | +4.75% | -5.78% | -1.56% | +0.62% | -0.89% | -6.95% | +9.62% | -6.88% | +0.54% | -0.78% | -0.23% | -8.70% |
| 2024 | -1.92% | +2.65% | -0.29% | -0.19% | -0.25% | +0.83% | +4.03% | -0.50% | +0.50% | -2.51% | +6.55% | -0.25% | +8.62% |
| 2023 | +2.52% | -5.11% | -4.58% | +4.81% | +2.68% | +7.45% | +0.60% | -0.79% | +0.46% | -4.28% | +9.86% | +9.48% | +23.90% |
| 2022 | +14.11% | +6.37% | -10.30% | +0.34% | -4.27% | -8.89% | -5.58% | +7.39% | -2.58% | +2.84% | +9.31% | -2.26% | +3.42% |
| 2021 | +0.97% | +0.97% |
Drawdown analysis of Chicago Atlantic Real Estate Finance (REFI)
The maximum drawdown for the REFI was -26.51%, occurring on Mar 15, 2023. Recovery took 192 trading sessions.
The current REFI drawdown is -19.90%.
Since Dec 8, 2021 REFI has experienced the following drawdowns:
- 20% or more: 1 time
- 10% or more: 2 times
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -26.51% | Feb 28, 2022 | 262 | Mar 15, 2023 | 192 | Dec 18, 2023 | 454 |
| -19.90% | Mar 3, 2025 | 346 | Jul 20, 2026 | Ongoing | Ongoing | Ongoing |
| -9.51% | Jul 17, 2024 | 17 | Aug 9, 2024 | 73 | Nov 21, 2024 | 90 |
| -7.26% | Dec 27, 2023 | 32 | Feb 13, 2024 | 104 | Jul 15, 2024 | 136 |
| -6.30% | Jan 20, 2022 | 22 | Feb 22, 2022 | 4 | Feb 28, 2022 | 26 |
| -3.13% | Jan 21, 2025 | 6 | Jan 29, 2025 | 8 | Feb 10, 2025 | 14 |
| -3.00% | Feb 18, 2025 | 3 | Feb 21, 2025 | 2 | Feb 25, 2025 | 5 |
| -2.97% | Dec 8, 2021 | 1 | Dec 9, 2021 | 15 | Dec 31, 2021 | 16 |
| -2.82% | Jan 3, 2025 | 4 | Jan 10, 2025 | 5 | Jan 17, 2025 | 9 |
| -2.77% | Dec 5, 2024 | 9 | Dec 18, 2024 | 10 | Jan 3, 2025 | 19 |
| -2.38% | Dec 19, 2023 | 1 | Dec 20, 2023 | 3 | Dec 26, 2023 | 4 |
| -1.24% | Dec 2, 2024 | 2 | Dec 4, 2024 | 1 | Dec 5, 2024 | 3 |
| -0.88% | Feb 11, 2025 | 1 | Feb 12, 2025 | 2 | Feb 14, 2025 | 3 |
| -0.40% | Jan 11, 2022 | 1 | Jan 12, 2022 | 1 | Jan 13, 2022 | 2 |
| -0.31% | Nov 25, 2024 | 1 | Nov 26, 2024 | 2 | Nov 29, 2024 | 3 |
| -0.12% | Jan 4, 2022 | 1 | Jan 5, 2022 | 1 | Jan 6, 2022 | 2 |
| -0.06% | Feb 25, 2025 | 1 | Feb 26, 2025 | 2 | Feb 28, 2025 | 3 |