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FLNG vs. VOO
Performance
Return for Risk
Drawdowns
Volatility
Dividends

FLNG vs. VOO

Last updated Jun 4, 2026

FLNG (FLEX LNG Ltd) is a stock, while VOO (Vanguard S&P 500 ETF) is S&P 500 fund tracking the S&P 500 Index. Over the past 5 years, FLNG returned 28.91%/yr vs 13.90%/yr for VOO. At a 0.27 correlation, their price movements are largely independent.

Performance

FLNG vs. VOO - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FLEX LNG Ltd (FLNG) and Vanguard S&P 500 ETF (VOO). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, FLNG achieves a 25.52% return, which is significantly higher than VOO's 10.91% return.

FLNG

1D
-2.01%
1M
-6.12%
YTD
25.52%
6M
20.73%
1Y
39.28%
3Y*
10.45%
5Y*
28.91%
10Y*
—

VOO

1D
-0.70%
1M
5.04%
YTD
10.91%
6M
10.93%
1Y
28.04%
3Y*
22.44%
5Y*
13.90%
10Y*
15.56%
*Multi-year figures are annualized to reflect compound growth (CAGR)

FLNG vs. VOO - Yearly Performance Comparison

2026 (YTD)2025202420232022202120202019
FLNG
FLEX LNG Ltd		25.52%22.47%-11.61%-1.19%56.32%202.13%-17.14%-1.73%
VOO
Vanguard S&P 500 ETF		10.91%17.82%24.98%26.32%-18.17%28.79%18.32%12.92%

Correlation

The correlation between FLNG and VOO is -0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

-0.03

Correlation (3Y)
Calculated over the trailing 3-year period

0.15

Correlation (5Y)
Calculated over the trailing 5-year period

0.24

Correlation (All Time)
Calculated using the full available price history since Jun 18, 2019

0.27

The correlation between FLNG and VOO shifts across timeframes, from -0.03 (1 year) to 0.27 (all time), reflecting how their relationship changes across market environments.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

FLEX LNG Ltd

Vanguard S&P 500 ETF

Often compared with FLNG:
FLNG vs. GLNGFLNG vs. DMLPFLNG vs. LPGFLNG vs. QQQIFLNG vs. TRMDFLNG vs. VONGFLNG vs. SGDM
Often compared with VOO:
VOO vs. VTIVOO vs. QQQVOO vs. SCHDVOO vs. VTVOO vs. SPYVOO vs. FXAIXVOO vs. IVV

Return for Risk

FLNG vs. VOO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
FLNG
FLNG Risk / Return Rank: 8181
Overall Rank
FLNG Sharpe Ratio Rank: 8282
Sharpe Ratio Rank
FLNG Sortino Ratio Rank: 7878
Sortino Ratio Rank
FLNG Omega Ratio Rank: 7676
Omega Ratio Rank
FLNG Calmar Ratio Rank: 8585
Calmar Ratio Rank
FLNG Martin Ratio Rank: 8686
Martin Ratio Rank
VOO
VOO Risk / Return Rank: 7070
Overall Rank
VOO Sharpe Ratio Rank: 7171
Sharpe Ratio Rank
VOO Sortino Ratio Rank: 7070
Sortino Ratio Rank
VOO Omega Ratio Rank: 7070
Omega Ratio Rank
VOO Calmar Ratio Rank: 6262
Calmar Ratio Rank
VOO Martin Ratio Rank: 7575
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

FLNG vs. VOO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FLEX LNG Ltd (FLNG) and Vanguard S&P 500 ETF (VOO). 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.

FLNGVOODifference
Sharpe ratioReturn per unit of total volatility
1.54
2.39

-0.85

Sortino ratioReturn per unit of downside risk
2.22
3.25

-1.04

Omega ratioGain probability vs. loss probability

1.27

1.43

-0.16

Calmar ratioReturn relative to maximum drawdown

3.57

3.16

+0.41

Martin ratioReturn relative to average drawdown

9.32

14.73

-5.41

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

FLNG vs. VOO - Sharpe Ratio Comparison

The current FLNG Sharpe Ratio is 1.54, which is lower than the VOO Sharpe Ratio of 2.39. The chart below compares the historical Sharpe Ratios of FLNG and VOO, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

FLNGVOODifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.54

2.39

-0.85

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.74

0.83

-0.09

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.87

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.56

0.89

-0.32

Drawdowns

FLNG vs. VOO - Drawdown Comparison

The maximum FLNG drawdown since its inception was -71.92%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for FLNG and VOO.

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Drawdown Indicators

FLNGVOODifference

Max Drawdown

Largest peak-to-trough decline

-71.92%

-33.99%

-37.93%

Max Drawdown (1Y)

Largest decline over 1 year

-11.05%

-8.90%

-2.15%

Max Drawdown (3Y)

Largest decline over 3 years

-25.37%

-18.69%

-6.68%

Max Drawdown (5Y)

Largest decline over 5 years

-31.05%

-24.52%

-6.53%

Max Drawdown (10Y)

Largest decline over 10 years

—

-33.99%

—

Current Drawdown

Current decline from peak

-8.44%

-0.70%

-7.74%

Average Drawdown

Average peak-to-trough decline

-18.83%

-3.69%

-15.14%

Ulcer Index

Depth and duration of drawdowns from previous peaks

4.23%

1.91%

+2.32%

Volatility

FLNG vs. VOO - Volatility Comparison

FLEX LNG Ltd (FLNG) has a higher volatility of 7.76% compared to Vanguard S&P 500 ETF (VOO) at 2.84%. This indicates that FLNG's price experiences larger fluctuations and is considered to be riskier than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

FLNGVOODifference

Volatility (1M)

Calculated over the trailing 1-month period

7.76%

2.84%

+4.92%

Volatility (6M)

Calculated over the trailing 6-month period

18.45%

8.90%

+9.55%

Volatility (1Y)

Calculated over the trailing 1-year period

25.58%

11.80%

+13.78%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

39.21%

16.81%

+22.40%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

47.39%

18.01%

+29.38%

Dividends

FLNG vs. VOO - Dividend Comparison

FLNG's dividend yield for the trailing twelve months is around 12.62%, more than VOO's 1.03% yield.

PositionTTM20252024202320222021202020192018201720162015
FLNG
FLEX LNG Ltd		12.62%12.02%13.08%11.61%10.71%7.88%2.29%0.92%0.00%0.00%0.00%0.00%
VOO
Vanguard S&P 500 ETF		1.03%1.13%1.24%1.46%1.69%1.25%1.54%1.88%2.06%1.78%2.02%2.10%

Frequently Asked Questions

FLNG and VOO have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

FLNG has higher volatility (7.76%) compared to VOO (2.84%). In terms of maximum drawdown, FLNG dropped -71.92% vs VOO's -33.99%.

VOO currently has the higher Sharpe Ratio (2.39 vs 1.54), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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