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FLNG vs. VONG
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between FLNG and VONG is 0.30, 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

The chart below illustrates the hypothetical performance of a $10,000 investment in FLEX LNG Ltd (FLNG) and Vanguard Russell 1000 Growth ETF (VONG). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

FLNG:

-0.16

VONG:

0.74

Sortino Ratio

FLNG:

0.10

VONG:

1.18

Omega Ratio

FLNG:

1.01

VONG:

1.17

Calmar Ratio

FLNG:

-0.07

VONG:

0.80

Martin Ratio

FLNG:

-0.19

VONG:

2.67

Ulcer Index

FLNG:

11.17%

VONG:

6.99%

Daily Std Dev

FLNG:

29.01%

VONG:

25.15%

Max Drawdown

FLNG:

-71.92%

VONG:

-32.72%

Current Drawdown

FLNG:

-16.87%

VONG:

-5.08%

Returns By Period

In the year-to-date period, FLNG achieves a 9.43% return, which is significantly higher than VONG's -1.06% return.


FLNG

YTD

9.43%

1M

8.32%

6M

4.17%

1Y

-4.73%

5Y*

55.48%

10Y*

N/A

VONG

YTD

-1.06%

1M

13.21%

6M

-0.27%

1Y

18.45%

5Y*

18.95%

10Y*

15.87%

*Annualized

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Risk-Adjusted Performance

FLNG vs. VONG — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

FLNG
The Risk-Adjusted Performance Rank of FLNG is 4242
Overall Rank
The Sharpe Ratio Rank of FLNG is 4242
Sharpe Ratio Rank
The Sortino Ratio Rank of FLNG is 3939
Sortino Ratio Rank
The Omega Ratio Rank of FLNG is 3838
Omega Ratio Rank
The Calmar Ratio Rank of FLNG is 4646
Calmar Ratio Rank
The Martin Ratio Rank of FLNG is 4646
Martin Ratio Rank

VONG
The Risk-Adjusted Performance Rank of VONG is 6969
Overall Rank
The Sharpe Ratio Rank of VONG is 6868
Sharpe Ratio Rank
The Sortino Ratio Rank of VONG is 6969
Sortino Ratio Rank
The Omega Ratio Rank of VONG is 7070
Omega Ratio Rank
The Calmar Ratio Rank of VONG is 7272
Calmar Ratio Rank
The Martin Ratio Rank of VONG is 6666
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


The current FLNG Sharpe Ratio is -0.16, which is lower than the VONG Sharpe Ratio of 0.74. The chart below compares the historical Sharpe Ratios of FLNG and VONG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

FLNG vs. VONG - Dividend Comparison

FLNG's dividend yield for the trailing twelve months is around 12.33%, more than VONG's 0.54% yield.


TTM20242023202220212020201920182017201620152014
FLNG
FLEX LNG Ltd
12.33%13.08%11.61%10.71%7.88%2.29%0.92%0.00%0.00%0.00%0.00%0.00%
VONG
Vanguard Russell 1000 Growth ETF
0.54%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 -71.92%, 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.


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Volatility

FLNG vs. VONG - Volatility Comparison

The current volatility for FLEX LNG Ltd (FLNG) is 5.12%, while Vanguard Russell 1000 Growth ETF (VONG) has a volatility of 7.83%. This indicates that FLNG experiences smaller price fluctuations and is considered to be less risky than VONG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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