LSOFX vs. BTPIX
Compare and contrast key facts about LS Opportunity Fund - Institutional Class (LSOFX) and Salient Tactical Plus Fund (BTPIX).
LSOFX is managed by Long Short. It was launched on Sep 28, 2010. BTPIX is managed by Salient Funds. It was launched on Dec 30, 2012.
Performance
LSOFX vs. BTPIX - Performance Comparison
Loading graphics...
LSOFX vs. BTPIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LSOFX LS Opportunity Fund - Institutional Class | -1.72% | 3.85% | 8.28% | 11.00% | -3.12% | 12.42% | 4.35% | 18.31% | -3.57% | 9.59% |
BTPIX Salient Tactical Plus Fund | -1.76% | -2.44% | 3.17% | 4.22% | -1.65% | 6.48% | 7.46% | 7.54% | 2.94% | 0.26% |
Returns By Period
The year-to-date returns for both stocks are quite close, with LSOFX having a -1.72% return and BTPIX slightly lower at -1.76%. Over the past 10 years, LSOFX has outperformed BTPIX with an annualized return of 6.56%, while BTPIX has yielded a comparatively lower 3.26% annualized return.
LSOFX
- 1D
- 0.40%
- 1M
- -2.42%
- YTD
- -1.72%
- 6M
- -1.36%
- 1Y
- 1.34%
- 3Y*
- 6.82%
- 5Y*
- 4.85%
- 10Y*
- 6.56%
BTPIX
- 1D
- -0.28%
- 1M
- -4.83%
- YTD
- -1.76%
- 6M
- -0.49%
- 1Y
- -1.03%
- 3Y*
- 1.13%
- 5Y*
- 1.35%
- 10Y*
- 3.26%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
LSOFX vs. BTPIX - Expense Ratio Comparison
LSOFX has a 1.95% expense ratio, which is higher than BTPIX's 1.08% expense ratio.
Return for Risk
LSOFX vs. BTPIX — Risk / Return Rank
LSOFX
BTPIX
LSOFX vs. BTPIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for LS Opportunity Fund - Institutional Class (LSOFX) and Salient Tactical Plus Fund (BTPIX). 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.
| LSOFX | BTPIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.19 | -0.09 | +0.27 |
Sortino ratioReturn per unit of downside risk | 0.33 | -0.06 | +0.38 |
Omega ratioGain probability vs. loss probability | 1.04 | 0.99 | +0.05 |
Calmar ratioReturn relative to maximum drawdown | 0.19 | -0.23 | +0.42 |
Martin ratioReturn relative to average drawdown | 0.62 | -0.60 | +1.22 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| LSOFX | BTPIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.19 | -0.09 | +0.27 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.50 | 0.22 | +0.27 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.64 | 0.38 | +0.26 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.62 | 0.43 | +0.20 |
Correlation
The correlation between LSOFX and BTPIX is 0.55, 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.
Dividends
LSOFX vs. BTPIX - Dividend Comparison
LSOFX's dividend yield for the trailing twelve months is around 4.89%, more than BTPIX's 2.86% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LSOFX LS Opportunity Fund - Institutional Class | 4.89% | 4.81% | 0.98% | 0.00% | 5.27% | 4.35% | 1.28% | 2.35% | 2.71% | 3.91% | 0.00% | 6.74% |
BTPIX Salient Tactical Plus Fund | 2.86% | 2.81% | 3.80% | 4.93% | 7.72% | 0.00% | 6.10% | 6.16% | 3.08% | 0.00% | 4.14% | 0.00% |
Drawdowns
LSOFX vs. BTPIX - Drawdown Comparison
The maximum LSOFX drawdown since its inception was -22.05%, which is greater than BTPIX's maximum drawdown of -13.30%. Use the drawdown chart below to compare losses from any high point for LSOFX and BTPIX.
Loading graphics...
Drawdown Indicators
| LSOFX | BTPIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.05% | -13.30% | -8.75% |
Max Drawdown (1Y)Largest decline over 1 year | -7.08% | -6.84% | -0.24% |
Max Drawdown (5Y)Largest decline over 5 years | -13.00% | -8.90% | -4.10% |
Max Drawdown (10Y)Largest decline over 10 years | -22.05% | -11.04% | -11.01% |
Current DrawdownCurrent decline from peak | -4.99% | -6.75% | +1.76% |
Average DrawdownAverage peak-to-trough decline | -3.35% | -3.90% | +0.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.16% | 2.61% | -0.45% |
Volatility
LSOFX vs. BTPIX - Volatility Comparison
LS Opportunity Fund - Institutional Class (LSOFX) and Salient Tactical Plus Fund (BTPIX) have volatilities of 2.40% and 2.33%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| LSOFX | BTPIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.40% | 2.33% | +0.07% |
Volatility (6M)Calculated over the trailing 6-month period | 5.89% | 8.04% | -2.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 9.95% | 8.79% | +1.16% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.82% | 6.09% | +3.73% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 10.24% | 8.62% | +1.62% |