Stone Ridge 2060 Longevity Income ETF (LFAW) Performance
LFAW total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −2.9% since Dec 31, 2025
- 1 year
- −5.2% total return
- Since first price
- −6.8% since 2024
LFAW trailing returns vs SPY, QQQ, AGG
| Period | LFAW total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +1.4% | +0.9% | −1.0% | −5.0% | +0.9% |
| 3 months | −0.8% | −2.3% | +3.2% | +1.9% | −0.4% |
| 6 months | −3.2% | −6.0% | +7.8% | +8.4% | −1.5% |
| YTD | −2.9% | −7.5% | +12.3% | +15.1% | −1.0% |
| 1 year | −5.2% | −10.5% | +14.4% | +15.9% | −1.1% |
| Since inceptionSep 16, 2024 | −6.8% | −12.5% | — | — | — |
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: LFAW vs SPY
From Sep 16, 2024: LFAW grew to $9,320, SPY to $13,856.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
LFAW returns by calendar year
1 of 1 full years positive. Best 2025 (+6.0%), worst 2025 (+6.0%). 2026 is year to date.
LFAW annual returns table
| Year | LFAW | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | −2.9% | −10.3% | +12.3% | +15.1% | −1.0% |
| 2025 | +6.0% | −6.8% | +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.
LFAW largest drawdowns
Now 6.8% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Sep 20, 2024 | −11.4% | Jan 14, 2025 | not yet | 4 months | 2.1 years so far |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
LFAW risk statistics
| Statistic | Since 2024 |
|---|---|
| Annualized return | −4.3% |
| Volatility (annualized) | 8.7% |
| Sharpe ratio | -0.91 |
| Sortino ratio | -1.04 |
| Best month | +4.3% |
| Worst month | −4.6% |
| Best 12 months | +6.0% |
| Worst 12 months | −6.9% |
| Positive months | 50% |
| 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.
LFAW rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 14 | −6.9% | +2.6% | +6.0% | 79% |
Every holding period starting at a month-end since 2024. Returns for 3 years and longer are annualized.
LFAW performance overview
Stone Ridge 2060 Longevity Income ETF (LFAW) returned −5.2% over the past year, with distributions reinvested. Since its first recorded price on Sep 16, 2024 it has returned −6.8%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −11.4%, from Sep 20, 2024 to Jan 14, 2025; the fund has not yet regained that high. Volatility has been 8.7% a year.
Related: LFAW chart, LFAW dividends. See the LFAW overview for the latest quote and fund facts.
LFAW performance FAQ
What is the LFAW return over the past year?
LFAW returned −5.2% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 10.5%.
How much would $10,000 invested in LFAW be worth?
$10,000 invested in LFAW at its first recorded close on September 16, 2024 would be worth about $9,320 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of LFAW?
The largest peak-to-trough decline was −11.4% between September 20, 2024 and January 14, 2025. It has not yet recovered to that high; it is 6.8% below its peak.
How volatile is LFAW?
Over the past history LFAW had an annualized volatility of 8.7% and a Sharpe ratio of -0.91 (excess return over 1–3 month T-bills per unit of risk).