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LONGX vs. VOO
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

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.


-0.50.00.51.0
Correlation: 0.7

Performance

LONGX vs. VOO - Performance Comparison

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

-100.00%0.00%100.00%200.00%300.00%NovemberDecember2025FebruaryMarchApril
-47.67%
217.17%
LONGX
VOO

Key characteristics

Sharpe Ratio

LONGX:

0.21

VOO:

0.54

Sortino Ratio

LONGX:

0.39

VOO:

0.88

Omega Ratio

LONGX:

1.05

VOO:

1.13

Calmar Ratio

LONGX:

0.05

VOO:

0.55

Martin Ratio

LONGX:

0.56

VOO:

2.27

Ulcer Index

LONGX:

5.09%

VOO:

4.55%

Daily Std Dev

LONGX:

13.96%

VOO:

19.19%

Max Drawdown

LONGX:

-76.91%

VOO:

-33.99%

Current Drawdown

LONGX:

-59.49%

VOO:

-9.90%

Returns By Period

In the year-to-date period, LONGX achieves a -5.15% return, which is significantly higher than VOO's -5.74% return. Over the past 10 years, LONGX has underperformed VOO with an annualized return of -6.03%, while VOO has yielded a comparatively higher 12.07% annualized return.


LONGX

YTD

-5.15%

1M

-3.71%

6M

-4.18%

1Y

3.32%

5Y*

7.30%

10Y*

-6.03%

VOO

YTD

-5.74%

1M

-3.16%

6M

-4.28%

1Y

10.88%

5Y*

16.04%

10Y*

12.07%

*Annualized

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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.


Expense ratio chart for LONGX: current value is 1.99%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
LONGX: 1.99%
Expense ratio chart for VOO: current value is 0.03%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
VOO: 0.03%

Risk-Adjusted Performance

LONGX vs. VOO — Risk-Adjusted Performance Rank

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

LONGX
The Risk-Adjusted Performance Rank of LONGX is 3131
Overall Rank
The Sharpe Ratio Rank of LONGX is 3434
Sharpe Ratio Rank
The Sortino Ratio Rank of LONGX is 3333
Sortino Ratio Rank
The Omega Ratio Rank of LONGX is 3131
Omega Ratio Rank
The Calmar Ratio Rank of LONGX is 2525
Calmar Ratio Rank
The Martin Ratio Rank of LONGX is 3232
Martin Ratio Rank

VOO
The Risk-Adjusted Performance Rank of VOO is 6161
Overall Rank
The Sharpe Ratio Rank of VOO is 5959
Sharpe Ratio Rank
The Sortino Ratio Rank of VOO is 5959
Sortino Ratio Rank
The Omega Ratio Rank of VOO is 6161
Omega Ratio Rank
The Calmar Ratio Rank of VOO is 6464
Calmar Ratio Rank
The Martin Ratio Rank of VOO is 6363
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.

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.


The chart of Sharpe ratio for LONGX, currently valued at 0.21, compared to the broader market-1.000.001.002.003.00
LONGX: 0.21
VOO: 0.54
The chart of Sortino ratio for LONGX, currently valued at 0.39, compared to the broader market-2.000.002.004.006.008.00
LONGX: 0.39
VOO: 0.88
The chart of Omega ratio for LONGX, currently valued at 1.05, compared to the broader market0.501.001.502.002.503.00
LONGX: 1.05
VOO: 1.13
The chart of Calmar ratio for LONGX, currently valued at 0.05, compared to the broader market0.002.004.006.008.0010.00
LONGX: 0.05
VOO: 0.55
The chart of Martin ratio for LONGX, currently valued at 0.56, compared to the broader market0.0010.0020.0030.0040.00
LONGX: 0.56
VOO: 2.27

The current LONGX Sharpe Ratio is 0.21, which is lower than the VOO Sharpe Ratio of 0.54. The chart below compares the historical Sharpe Ratios of LONGX and VOO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00NovemberDecember2025FebruaryMarchApril
0.21
0.54
LONGX
VOO

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 1.38%.


TTM20242023202220212020201920182017201620152014
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
1.38%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.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%NovemberDecember2025FebruaryMarchApril
-59.49%
-9.90%
LONGX
VOO

Volatility

LONGX vs. VOO - Volatility Comparison

The current volatility for Longboard Alternative Growth Fund (LONGX) is 5.80%, while Vanguard S&P 500 ETF (VOO) has a volatility of 13.96%. 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.


2.00%4.00%6.00%8.00%10.00%12.00%14.00%NovemberDecember2025FebruaryMarchApril
5.80%
13.96%
LONGX
VOO