Leuthold Select Industries ETF (LST) Performance
LST total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +19.7% since Dec 31, 2025
- 1 year
- +22.9% total return
- Since first price
- +38.4% since 2025
LST trailing returns vs SPY, QQQ, AGG
| Period | LST total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | +0.9% | +0.9% | −1.0% | −5.0% | +0.9% |
| 3 months | +5.2% | +5.2% | +3.2% | +1.9% | −0.4% |
| 6 months | +9.7% | +9.7% | +7.8% | +8.4% | −1.5% |
| YTD | +19.7% | +19.7% | +12.3% | +15.1% | −1.0% |
| 1 year | +22.9% | +21.2% | +14.4% | +15.9% | −1.1% |
| Since inceptionJan 21, 2025 | +38.4% | +36.5% | — | — | — |
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: LST vs SPY
From Jan 21, 2025: LST grew to $13,839, SPY to $12,850.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
LST returns by calendar year
2026 is year to date.
LST annual returns table
| Year | LST | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +19.7% | −10.8% | +12.3% | +15.1% | −1.0% |
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.
LST largest drawdowns
Now 1.0% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 5, 2025 | −19.5% | Apr 8, 2025 | Jun 24, 2025 | 2 months | 5 months |
| Feb 26, 2026 | −10.8% | Mar 30, 2026 | Apr 30, 2026 | 32 days | 2 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
LST risk statistics
| Statistic | Since 2025 |
|---|---|
| Annualized return | +18.7% |
| Volatility (annualized) | 14.5% |
| Sharpe ratio | 1.00 |
| Sortino ratio | 1.79 |
| Best month | +9.4% |
| Worst month | −6.7% |
| Best 12 months | +37.3% |
| Worst 12 months | +18.5% |
| Positive months | 65% |
| 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.
LST rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 10 | +18.5% | +27.8% | +37.3% | 100% |
Every holding period starting at a month-end since 2025. Returns for 3 years and longer are annualized.
LST performance overview
Leuthold Select Industries ETF (LST) returned +22.9% over the past year, with distributions reinvested. Since its first recorded price on Jan 21, 2025 it has returned +38.4%. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −19.5%, from Feb 5, 2025 to Apr 8, 2025, and it took 3 months to get back to the old high. Volatility has been 14.5% a year.
Related: LST chart, LST holdings, LST dividends, LST valuation. See the LST overview for the latest quote and fund facts.
LST performance FAQ
What is the LST return over the past year?
LST returned +22.9% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it rose 21.2%.
How much would $10,000 invested in LST be worth?
$10,000 invested in LST at its first recorded close on January 21, 2025 would be worth about $13,839 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of LST?
The largest peak-to-trough decline was −19.5% between February 5, 2025 and April 8, 2025. It recovered to the old high on June 24, 2025, 3 months after the bottom.
How volatile is LST?
Over the past history LST had an annualized volatility of 14.5% and a Sharpe ratio of 1.00 (excess return over 1–3 month T-bills per unit of risk).