LONGX vs. VOO
Compare and contrast key facts about Longboard Alternative Growth Fund (LONGX) and Vanguard S&P 500 ETF (VOO).
LONGX is managed by Longboard. It was launched on Mar 15, 2015. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LONGX or VOO.
Correlation
The correlation between LONGX and VOO is 0.66, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
LONGX vs. VOO - Performance Comparison
Key characteristics
LONGX:
-0.09
VOO:
-0.07
LONGX:
-0.03
VOO:
0.01
LONGX:
1.00
VOO:
1.00
LONGX:
-0.02
VOO:
-0.07
LONGX:
-0.29
VOO:
-0.36
LONGX:
4.21%
VOO:
3.31%
LONGX:
13.74%
VOO:
15.79%
LONGX:
-76.91%
VOO:
-33.99%
LONGX:
-60.21%
VOO:
-17.13%
Returns By Period
In the year-to-date period, LONGX achieves a -6.84% return, which is significantly higher than VOO's -13.30% return. Over the past 10 years, LONGX has underperformed VOO with an annualized return of -6.32%, while VOO has yielded a comparatively higher 11.35% annualized return.
LONGX
-6.84%
-6.21%
-6.14%
-0.22%
8.10%
-6.32%
VOO
-13.30%
-12.91%
-11.02%
0.06%
17.17%
11.35%
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LONGX vs. VOO - Expense Ratio Comparison
LONGX has a 1.99% expense ratio, which is higher than VOO's 0.03% expense ratio.
Risk-Adjusted Performance
LONGX vs. VOO — Risk-Adjusted Performance Rank
LONGX
VOO
LONGX vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Longboard Alternative Growth Fund (LONGX) 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.
Dividends
LONGX vs. VOO - Dividend Comparison
LONGX has not paid dividends to shareholders, while VOO's dividend yield for the trailing twelve months is around 1.50%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LONGX Longboard Alternative Growth Fund | 0.00% | 0.00% | 5.40% | 7.64% | 1.72% | 0.00% | 0.00% | 3.10% | 1,074.01% | 23.29% | 0.54% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.50% | 1.24% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% |
Drawdowns
LONGX vs. VOO - Drawdown Comparison
The maximum LONGX drawdown since its inception was -76.91%, which is greater than VOO's maximum drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for LONGX and VOO. For additional features, visit the drawdowns tool.
Volatility
LONGX vs. VOO - Volatility Comparison
The current volatility for Longboard Alternative Growth Fund (LONGX) is 5.00%, while Vanguard S&P 500 ETF (VOO) has a volatility of 9.12%. This indicates that LONGX experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.