- ISIN
- US9203951002
- CUSIP
- 920395100
- Issuer
- Value Line
- Inception Date
- Aug 23, 1993
- Category
- Diversified Portfolio
- Min. Investment
- $1,000
- Distribution Policy
- Distributing
- Asset Class
- Multi-Asset
- Asset Class Size
- Large-Cap
- Asset Class Style
- Growth
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
VLAAX Performance Chart
Value Line Asset Allocation Fund (VLAAX) is down 5.8% since the beginning of the year. VLAAX is currently trading at $33 per share. Investors who bought $1,000 worth of VLAAX shares 5 years ago would now be looking at an investment worth $1,125.
Loading charts...
Returns By Period
Value Line Asset Allocation Fund (VLAAX) has returned -5.80% so far this year and -10.68% over the past 12 months. Over the last ten years, VLAAX has returned 7.10% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Value Line Asset Allocation Fund
- 1D
- -0.24%
- 1M
- -0.06%
- YTD
- -5.80%
- 6M
- -6.28%
- 1Y
- -10.68%
- 3Y*
- 3.53%
- 5Y*
- 2.39%
- 10Y*
- 7.10%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
VLAAX Monthly Returns History
Based on dividend-adjusted daily data since Aug 24, 1993, VLAAX's average daily return is +0.04%, while the average monthly return is +0.76%. At this rate, an investment would double in approximately 7.6 years.
Historically, 65% of months were positive and 35% were negative. The best month was Dec 1998 with a return of +12.3%, while the worst month was Aug 1998 at -15.6%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 5 months.
On a daily basis, VLAAX closed higher 54% of trading days. The best single day was Oct 13, 2008 with a return of +10.0%, while the worst single day was Dec 19, 2024 at -11.0%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -1.62% | 0.66% | -5.23% | 0.39% | 0.72% | -0.75% | -5.80% | ||||||
| 2025 | 2.57% | 0.55% | -1.84% | 0.90% | 1.88% | 0.66% | -1.20% | -0.69% | -1.54% | -3.34% | 0.71% | -1.15% | -2.61% |
| 2024 | 1.72% | 2.00% | 0.66% | -4.58% | 2.07% | 2.58% | 3.41% | 3.16% | 1.01% | -2.29% | 5.39% | -5.55% | 9.36% |
| 2023 | 5.21% | -2.27% | 3.43% | 0.38% | 0.18% | 3.80% | 1.00% | 0.22% | -3.45% | -1.28% | 9.17% | 3.93% | 21.52% |
| 2022 | -6.89% | -3.23% | 2.64% | -7.01% | -0.28% | -4.08% | 7.57% | -3.59% | -6.94% | 3.43% | 6.13% | -3.26% | -15.70% |
| 2021 | -3.22% | 0.05% | 1.08% | 4.20% | -0.73% | 2.44% | 3.52% | 1.56% | -3.58% | 5.07% | -1.56% | 2.80% | 11.77% |
Benchmark Metrics
Value Line Asset Allocation Fund has an annualized alpha of 2.46%, beta of 0.69, and R2 of 0.75 versus S&P 500 Index. Calculated based on daily prices since August 24, 1993.
- This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (70.72%) than losses (67.23%) - typical of diversified or defensive assets.
- This fund generated an annualized alpha of 2.46% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- Beta of 0.69 indicates this fund moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.
- Alpha
- 2.46%
- Beta
- 0.69
- R²
- 0.75
- Upside Capture
- 70.72%
- Downside Capture
- 67.23%
Expense Ratio
VLAAX has a high expense ratio of 1.04%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
VLAAX ranks 0 for risk / return — in the bottom 0% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Value Line Asset Allocation Fund (VLAAX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| VLAAX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.20 | ||
| Sortino ratioReturn per unit of downside risk | -4.31 | ||
| Omega ratioGain probability vs. loss probability | 0.82 | 1.37 | -0.54 |
| Calmar ratioReturn relative to maximum drawdown | -0.74 | 2.78 | -3.52 |
| Martin ratioReturn relative to average drawdown | -1.29 | 12.44 | -13.73 |
Dividends
Dividend History
Value Line Asset Allocation Fund provided a 12.98% dividend yield over the last twelve months, with an annual payout of $4.30 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $4.30 | $4.30 | $4.11 | $4.02 | $2.21 | $2.98 | $0.23 | $0.67 | $0.97 | $1.37 | $0.68 | $0.83 |
Dividend yield | 12.98% | 12.22% | 10.14% | 9.88% | 6.00% | 6.43% | 0.53% | 1.74% | 3.09% | 4.34% | 2.38% | 2.98% |
Monthly Dividends
The table displays the monthly dividend distributions for Value Line Asset Allocation 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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $4.30 | $4.30 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $4.11 | $4.11 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $4.02 | $4.02 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.21 | $2.21 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.98 | $2.98 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the Value Line Asset Allocation 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 Value Line Asset Allocation Fund was 43.95%, occurring on Mar 9, 2009. Recovery took 522 trading sessions.
The current Value Line Asset Allocation Fund drawdown is 18.63%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -43.95%Mar 2009 | 1y 4mo | 2y 23d | 3y 5moNov 2007 - Apr 2011 |
Dot-com crash2000–2002 | -34.63%Jul 2002 | 2y 4mo | 2y 10mo | 5y 3moMar 2000 - Jun 2005 |
1998 bear market1998 | -28.60%Oct 1998 | 2mo 19d | 2mo 16d | 5mo 5dJul 1998 - Dec 1998 |
COVID crash2020 | -23.89%Mar 2020 | 1mo 2d | 4mo 8d | 5mo 10dFeb 2020 - Jul 2020 |
Bear market2022 | -22.26%Oct 2022 | 9mo 18d | 1y 1mo | 1y 11moDec 2021 - Dec 2023 |
Drawdown Indicators
| VLAAX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -43.95% | -56.78% | +12.83% |
Max Drawdown (1Y)Largest decline over 1 year | -14.38% | -9.10% | -5.28% |
Max Drawdown (3Y)Largest decline over 3 years | -20.28% | -18.90% | -1.38% |
Max Drawdown (5Y)Largest decline over 5 years | -22.26% | -25.43% | +3.17% |
Max Drawdown (10Y)Largest decline over 10 years | -23.89% | -33.92% | +10.03% |
Current DrawdownCurrent decline from peak | -18.63% | -1.80% | -16.83% |
Average DrawdownAverage peak-to-trough decline | -6.91% | -10.71% | +3.80% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.21% | 2.03% | +6.18% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with VLAAX
Add Value Line Asset Allocation Fund to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with VLAAX