Stone Ridge 2055 Longevity Income ETF (LFAO) Performance
LFAO total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −2.7% since Dec 31, 2025
- 1 year
- −4.5% total return
- Since first price
- +21.0% since 2024
LFAO trailing returns vs SPY, QQQ, AGG
| Period | LFAO total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +1.4% | +0.8% | −1.0% | −5.0% | +0.9% |
| 3 months | −0.7% | −2.3% | +3.2% | +1.9% | −0.4% |
| 6 months | −3.0% | −5.9% | +7.8% | +8.4% | −1.5% |
| YTD | −2.7% | −7.5% | +12.3% | +15.1% | −1.0% |
| 1 year | −4.5% | −10.2% | +14.4% | +15.9% | −1.1% |
| Since inceptionSep 16, 2024 | +21.0% | +22.0% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: LFAO vs SPY
From Sep 16, 2024: LFAO grew to $12,096, SPY to $13,856.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
LFAO returns by calendar year
1 of 1 full years positive. Best 2025 (+35.6%), worst 2025 (+35.6%). 2026 is year to date.
LFAO annual returns table
| Year | LFAO | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −2.7% | −9.4% | +12.3% | +15.1% | −1.0% |
| 2025 | +35.6% | −6.0% | +17.7% | +20.8% | +7.2% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
LFAO largest drawdowns
Now 5.9% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Sep 18, 2024 | −10.1% | Jan 14, 2025 | Feb 19, 2025 | 4 months | 5 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
LFAO risk statistics
| Statistic | Since 2024 |
|---|---|
| Annualized return | +9.0% |
| Volatility (annualized) | 24.9% |
| Sharpe ratio | 0.29 |
| Sortino ratio | 1.04 |
| Best month | +33.3% |
| Worst month | −4.4% |
| Best 12 months | +35.6% |
| Worst 12 months | −6.0% |
| Positive months | 54% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
LFAO rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 14 | −6.0% | +3.1% | +35.6% | 79% |
Every holding period starting at a month-end since 2024. Returns for 3 years and longer are annualized.
LFAO performance overview
Stone Ridge 2055 Longevity Income ETF (LFAO) returned −4.5% over the past year, with distributions reinvested. Since its first recorded price on Sep 16, 2024 it has returned +21.0%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −10.1%, from Sep 18, 2024 to Jan 14, 2025, and it took 36 days to get back to the old high. Volatility has been 24.9% a year.
Related: LFAO chart, LFAO dividends. See the LFAO overview for the latest quote and fund facts.
LFAO performance FAQ
What is the LFAO return over the past year?
LFAO returned −4.5% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 10.2%.
How much would $10,000 invested in LFAO be worth?
$10,000 invested in LFAO at its first recorded close on September 16, 2024 would be worth about $12,096 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of LFAO?
The largest peak-to-trough decline was −10.1% between September 18, 2024 and January 14, 2025. It recovered to the old high on February 19, 2025, 36 days after the bottom.
How volatile is LFAO?
Over the past history LFAO had an annualized volatility of 24.9% and a Sharpe ratio of 0.29 (excess return over 1–3 month T-bills per unit of risk).