Swan Defined Risk U.S. Small Cap Fund
NORTHERN LIGHTS FUND TRUST III

Average annual returns

No trailing-return data available for this share class.

Risk statistics

66 months through Dec. 31, 2024
Volatility (ann.)
14.55%
Sharpe
-0.09
Sortino
-0.13
Max drawdown
-19.59%
Best month
10.20%
Worst month
-10.36%
Beta vs VTSAX
0.67
Correlation
0.82

Derived from N-PORT monthly total returns; distinct from the prospectus returns above.

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