VICAX Performance — USA Mutuals Vice Fund, Class A
Data updated: 2026-08-26
VICAX returned +4.63% year to date and +8.89% over one year to Jun 2026. Annualised returns are +7.22% over 3 years and +2.98% over 5 years. The fund trailed its Global Large Blend category average: $100 invested three years ago grew to $123, against $156 for the category, and to $109 over one year, against $118. Volatility over the past three years was 11.75% a year. In the 12 months to Jun 2026 the fund lost a net $1.6M, and assets reached $51.05M.
VICAX Growth of $100
What $100 invested in USA Mutuals Vice Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Global Large Blend category average over the same months.
| Period | VICAX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $109 | $118 |
| 3 years (Jul 2023 – Jun 2026) | $123 | $156 |
| 5 years (Jul 2021 – Jun 2026) | $116 | $149 |
| Since data start (Jan 2021 – Jun 2026) | $128 | $165 |
VICAX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +4.63% |
| 1 year | +8.89% |
| 3 years (annualised) | +7.22% |
| 5 years (annualised) | +2.98% |
VICAX Annual Returns
Calendar-year total returns of USA Mutuals Vice Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +4.63% |
| 2025 | +20.35% |
| 2024 | +1.57% |
| 2023 | −2.15% |
| 2022 | +3.22% |
| 2021 | −1.28% |
VICAX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +6.4% | +3.1% | −8.1% | +2.6% | +2.7% | −1.5% | — | — | — | — | — | — |
| 2025 | +3.0% | +4.0% | −0.2% | +2.3% | +3.7% | +2.0% | +0.3% | +4.9% | +1.8% | −4.0% | −0.1% | +1.4% |
| 2024 | −1.5% | +2.3% | +3.4% | −2.2% | +0.7% | −3.9% | +3.6% | +2.7% | +2.4% | −3.5% | +2.6% | −4.6% |
| 2023 | +2.5% | −1.4% | +2.3% | +3.0% | −7.5% | +3.1% | +2.4% | −4.2% | −5.9% | −2.2% | +3.0% | +3.7% |
| 2022 | −1.4% | +1.3% | −2.1% | −1.3% | +2.4% | −2.7% | +1.8% | −3.2% | −4.2% | +1.8% | +10.3% | +1.3% |
| 2021 | −4.2% | +8.6% | +5.0% | +3.9% | −1.1% | −1.9% | −3.2% | −0.1% | −7.8% | +2.3% | −7.4% | +6.1% |
VICAX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 11.75%
- 3-year Sharpe ratio: 0.23 (vs 4.5% risk-free rate)
- Best month: +6.37% (Jan 2026)
- Worst month: −8.11% (Mar 2026)
VICAX Fund Flows
Monthly money in and out of USA Mutuals Vice Fund, from SEC Form N-PORT.
- 12-month net flow: −$1.6M
- 12-month gross sales (incl. reinvestments): $8.3M
- Sales ÷ redemptions: 0.84×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $111K | $851K | −$741K |
| May 2026 | $365K | $709K | −$344K |
| Apr 2026 | $138K | $745K | −$607K |
| Mar 2026 | $94K | $561K | −$467K |
| Feb 2026 | $108K | $495K | −$387K |
| Jan 2026 | $291K | $758K | −$467K |
| Dec 2025 | $6.1M | $1.1M | $5.0M |
| Nov 2025 | $150K | $865K | −$715K |
| Oct 2025 | $165K | $909K | −$744K |
| Sep 2025 | $198K | $750K | −$552K |
| Aug 2025 | $295K | $1.2M | −$941K |
| Jul 2025 | $242K | $862K | −$620K |
VICAX Assets Under Management
Net assets of USA Mutuals Vice Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $51.05M |
| 2026-03-31 | $50.83M |
| 2025-12-31 | $51.67M |
| 2025-09-30 | $55.93M |
| 2025-06-30 | $54.26M |
| 2025-03-31 | $51.81M |
| 2024-12-31 | $51.12M |
| 2024-09-30 | $57.20M |
| 2024-06-30 | $55.97M |
| 2024-03-31 | $62.51M |
| 2023-12-31 | $63.61M |
| 2023-09-30 | $65.33M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.