See what your fund actually adds

Longboard Fund Class A LONAX

Historical return decomposition and an investable replication portfolio, using data through 2026-10-09.

Fund and replication metrics

LONAX compared with its replication portfolio
MeasureLONAXReplication
Annualized growth3.5%6.7%
Annualized volatility11.8%11.9%
Sharpe ratio0.350.61
Maximum drawdown19.6%17.1%
Replication fit (R²)0.84 · Tracking error 4.7%

Replication portfolio

The published portfolio below is the investable basket used to model LONAX’s historical return behavior.

LONAX replication basket weights
TickerBuilding blockWeight
WTMFAlternatives · Mgt Futures37.6%
IJRUS Small Cap28.4%
VBRSmall-Cap · Value24.5%
VWOBFI · EM Bonds USD9.5%