FLNG vs. VONG
Compare and contrast key facts about FLEX LNG Ltd (FLNG) and Vanguard Russell 1000 Growth ETF (VONG).
VONG is a passively managed fund by Vanguard that tracks the performance of the Russell 1000 Growth Index. It was launched on Sep 20, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FLNG or VONG.
Correlation
The correlation between FLNG and VONG is 0.25, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
FLNG vs. VONG - Performance Comparison
Key characteristics
FLNG:
-0.59
VONG:
2.17
FLNG:
-0.68
VONG:
2.79
FLNG:
0.92
VONG:
1.39
FLNG:
-0.47
VONG:
2.89
FLNG:
-1.26
VONG:
11.22
FLNG:
12.07%
VONG:
3.38%
FLNG:
25.91%
VONG:
17.44%
FLNG:
-71.94%
VONG:
-32.72%
FLNG:
-21.63%
VONG:
-3.43%
Returns By Period
In the year-to-date period, FLNG achieves a 6.28% return, which is significantly higher than VONG's 0.66% return.
FLNG
6.28%
11.17%
-5.06%
-14.03%
30.15%
N/A
VONG
0.66%
-2.02%
6.97%
35.08%
18.46%
16.85%
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Risk-Adjusted Performance
FLNG vs. VONG — Risk-Adjusted Performance Rank
FLNG
VONG
FLNG vs. VONG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for FLEX LNG Ltd (FLNG) and Vanguard Russell 1000 Growth ETF (VONG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
FLNG vs. VONG - Dividend Comparison
FLNG's dividend yield for the trailing twelve months is around 9.23%, more than VONG's 0.55% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
FLEX LNG Ltd | 9.23% | 9.81% | 11.61% | 10.71% | 7.88% | 2.29% | 0.92% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Vanguard Russell 1000 Growth ETF | 0.55% | 0.55% | 0.71% | 0.98% | 0.58% | 0.77% | 1.03% | 1.18% | 1.19% | 1.48% | 1.47% | 1.43% |
Drawdowns
FLNG vs. VONG - Drawdown Comparison
The maximum FLNG drawdown since its inception was -71.94%, which is greater than VONG's maximum drawdown of -32.72%. Use the drawdown chart below to compare losses from any high point for FLNG and VONG. For additional features, visit the drawdowns tool.
Volatility
FLNG vs. VONG - Volatility Comparison
FLEX LNG Ltd (FLNG) has a higher volatility of 10.56% compared to Vanguard Russell 1000 Growth ETF (VONG) at 5.92%. This indicates that FLNG's price experiences larger fluctuations and is considered to be riskier than VONG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.