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LAGWX vs. FECGX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between LAGWX and FECGX is 0.92, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.00.9

Performance

LAGWX vs. FECGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Lord Abbett Developing Growth Fund (LAGWX) and Fidelity Small Cap Growth Index Fund (FECGX). The values are adjusted to include any dividend payments, if applicable.

-20.00%0.00%20.00%40.00%60.00%JulyAugustSeptemberOctoberNovemberDecember
-13.07%
49.82%
LAGWX
FECGX

Key characteristics

Sharpe Ratio

LAGWX:

1.26

FECGX:

0.89

Sortino Ratio

LAGWX:

1.80

FECGX:

1.36

Omega Ratio

LAGWX:

1.22

FECGX:

1.16

Calmar Ratio

LAGWX:

0.55

FECGX:

0.71

Martin Ratio

LAGWX:

8.02

FECGX:

4.55

Ulcer Index

LAGWX:

3.57%

FECGX:

4.21%

Daily Std Dev

LAGWX:

22.70%

FECGX:

21.46%

Max Drawdown

LAGWX:

-64.82%

FECGX:

-41.85%

Current Drawdown

LAGWX:

-37.43%

FECGX:

-10.96%

Returns By Period

In the year-to-date period, LAGWX achieves a 24.09% return, which is significantly higher than FECGX's 15.85% return.


LAGWX

YTD

24.09%

1M

-2.02%

6M

11.97%

1Y

26.01%

5Y*

2.88%

10Y*

0.27%

FECGX

YTD

15.85%

1M

-2.88%

6M

11.90%

1Y

16.86%

5Y*

7.02%

10Y*

N/A

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


LAGWX vs. FECGX - Expense Ratio Comparison

LAGWX has a 0.93% expense ratio, which is higher than FECGX's 0.05% expense ratio.


LAGWX
Lord Abbett Developing Growth Fund
Expense ratio chart for LAGWX: current value at 0.93% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.93%
Expense ratio chart for FECGX: current value at 0.05% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.05%

Risk-Adjusted Performance

LAGWX vs. FECGX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Lord Abbett Developing Growth Fund (LAGWX) and Fidelity Small Cap Growth Index Fund (FECGX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratio
The chart of Sharpe ratio for LAGWX, currently valued at 1.26, compared to the broader market-1.000.001.002.003.004.001.260.89
The chart of Sortino ratio for LAGWX, currently valued at 1.80, compared to the broader market-2.000.002.004.006.008.0010.001.801.36
The chart of Omega ratio for LAGWX, currently valued at 1.22, compared to the broader market0.501.001.502.002.503.003.501.221.16
The chart of Calmar ratio for LAGWX, currently valued at 0.55, compared to the broader market0.002.004.006.008.0010.0012.0014.000.550.71
The chart of Martin ratio for LAGWX, currently valued at 8.02, compared to the broader market0.0020.0040.0060.008.024.55
LAGWX
FECGX

The current LAGWX Sharpe Ratio is 1.26, which is higher than the FECGX Sharpe Ratio of 0.89. The chart below compares the historical Sharpe Ratios of LAGWX and FECGX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.501.001.502.002.50JulyAugustSeptemberOctoberNovemberDecember
1.26
0.89
LAGWX
FECGX

Dividends

LAGWX vs. FECGX - Dividend Comparison

LAGWX has not paid dividends to shareholders, while FECGX's dividend yield for the trailing twelve months is around 0.71%.


TTM20232022202120202019
LAGWX
Lord Abbett Developing Growth Fund
0.00%0.00%0.00%0.00%0.00%0.00%
FECGX
Fidelity Small Cap Growth Index Fund
0.71%0.81%0.80%0.57%0.38%0.24%

Drawdowns

LAGWX vs. FECGX - Drawdown Comparison

The maximum LAGWX drawdown since its inception was -64.82%, which is greater than FECGX's maximum drawdown of -41.85%. Use the drawdown chart below to compare losses from any high point for LAGWX and FECGX. For additional features, visit the drawdowns tool.


-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-37.43%
-10.96%
LAGWX
FECGX

Volatility

LAGWX vs. FECGX - Volatility Comparison

Lord Abbett Developing Growth Fund (LAGWX) has a higher volatility of 7.44% compared to Fidelity Small Cap Growth Index Fund (FECGX) at 6.47%. This indicates that LAGWX's price experiences larger fluctuations and is considered to be riskier than FECGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


3.00%4.00%5.00%6.00%7.00%8.00%9.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
7.44%
6.47%
LAGWX
FECGX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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