LAGWX vs. LAIEX

Last updated Jun 24, 2026

LAGWX (Lord Abbett Developing Growth Fund) and LAIEX (Lord Abbett International Opportunities Fund) are both mutual funds - LAGWX is a Small Cap Growth Equities fund managed by Lord Abbett, while LAIEX is a Foreign Small & Mid Cap Equities fund managed by Lord Abbett. Over the past 10 years, LAGWX returned 15.86%/yr vs 8.44%/yr for LAIEX. A 0.55 correlation means they provide meaningful diversification when combined. LAGWX charges 0.93%/yr vs 1.22%/yr for LAIEX.

Performance

LAGWX vs. LAIEX - Performance Comparison

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

Returns By Period

In the year-to-date period, LAGWX achieves a 37.61% return, which is significantly higher than LAIEX's 19.04% return. Over the past 10 years, LAGWX has outperformed LAIEX with an annualized return of 15.86%, while LAIEX has yielded a comparatively lower 8.44% annualized return.

LAGWX

• 1D: 1.55%
• 1M: 8.02%
• YTD: 37.61%
• 6M: 33.50%
• 1Y: 62.99%
• 3Y*: 24.23%
• 5Y*: 4.82%
• 10Y*: 15.86%

LAIEX

• 1D: -0.12%
• 1M: 1.68%
• YTD: 19.04%
• 6M: 18.22%
• 1Y: 24.34%
• 3Y*: 16.72%
• 5Y*: 6.32%
• 10Y*: 8.44%

*Multi-year figures are annualized to reflect compound growth (CAGR)

LAGWX vs. LAIEX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LAGWX Lord Abbett Developing Growth Fund	37.61%	14.37%	21.89%	8.50%	-36.09%	-2.77%	72.40%	31.47%	4.52%	29.92%
LAIEX Lord Abbett International Opportunities Fund	19.04%	23.98%	0.22%	14.75%	-20.35%	9.51%	14.29%	21.25%	-23.77%	37.96%

Correlation

The correlation between LAGWX and LAIEX is 0.67, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.67
Correlation (3Y) Calculated over the trailing 3-year period	0.62
Correlation (5Y) Calculated over the trailing 5-year period	0.65
Correlation (10Y) Calculated over the trailing 10-year period	0.60
Correlation (All Time) Calculated using the full available price history since Dec 11, 1996	0.55

The correlation between LAGWX and LAIEX shifts across timeframes, from 0.55 (all time) to 0.67 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

LAGWX vs. LAIEX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

LAGWX

LAGWX Risk / Return Rank: 74
LAGWX Sharpe Ratio Rank: 76
LAGWX Sortino Ratio Rank: 58
LAGWX Omega Ratio Rank: 58
LAGWX Calmar Ratio Rank: 91
LAGWX Martin Ratio Rank: 90

LAIEX

LAIEX Risk / Return Rank: 33
LAIEX Sharpe Ratio Rank: 32
LAIEX Sortino Ratio Rank: 31
LAIEX Omega Ratio Rank: 33
LAIEX Calmar Ratio Rank: 34
LAIEX Martin Ratio Rank: 33

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

LAGWX vs. LAIEX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lord Abbett Developing Growth Fund (LAGWX) and Lord Abbett International Opportunities Fund (LAIEX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	LAGWX	LAIEX	Difference
Sharpe ratio: Return per unit of total volatility	2.33	1.50	+0.83
Sortino ratio: Return per unit of downside risk	2.91	2.14	+0.77
Omega ratio: Gain probability vs. loss probability	1.38	1.28	+0.10
Calmar ratio: Return relative to maximum drawdown	4.46	2.06	+2.40
Martin ratio: Return relative to average drawdown	16.32	7.03	+9.29

LAGWX vs. LAIEX - Sharpe Ratio Comparison

The current LAGWX Sharpe Ratio is 2.33, which is higher than the LAIEX Sharpe Ratio of 1.50. The chart below compares the historical Sharpe Ratios of LAGWX and LAIEX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

LAGWX vs. LAIEX - Drawdown Comparison

The maximum LAGWX drawdown since its inception was -60.31%, smaller than the maximum LAIEX drawdown of -71.83%. Use the drawdown chart below to compare losses from any high point for LAGWX and LAIEX.

Drawdown Indicators

	LAGWX	LAIEX	Difference
Max Drawdown Largest peak-to-trough decline	-60.31%	-71.83%	+11.52%
Max Drawdown (1Y) Largest decline over 1 year	-14.72%	-12.28%	-2.44%
Max Drawdown (3Y) Largest decline over 3 years	-32.10%	-15.79%	-16.31%
Max Drawdown (5Y) Largest decline over 5 years	-51.25%	-36.79%	-14.46%
Max Drawdown (10Y) Largest decline over 10 years	-54.38%	-46.13%	-8.25%
Current Drawdown Current decline from peak	0.00%	-2.15%	+2.15%
Average Drawdown Average peak-to-trough decline	-17.05%	-22.57%	+5.52%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.01%	3.59%	+0.42%

Volatility

LAGWX vs. LAIEX - Volatility Comparison

Lord Abbett Developing Growth Fund (LAGWX) has a higher volatility of 10.56% compared to Lord Abbett International Opportunities Fund (LAIEX) at 7.82%. This indicates that LAGWX's price experiences larger fluctuations and is considered to be riskier than LAIEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LAGWX	LAIEX	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.56%	7.82%	+2.74%
Volatility (6M) Calculated over the trailing 6-month period	22.96%	14.91%	+8.05%
Volatility (1Y) Calculated over the trailing 1-year period	28.16%	16.85%	+11.31%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.98%	16.19%	+11.79%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.40%	16.36%	+11.04%

LAGWX vs. LAIEX - Expense Ratio Comparison

LAGWX has a 0.93% expense ratio, which is lower than LAIEX's 1.22% expense ratio.

Dividends

LAGWX vs. LAIEX - Dividend Comparison

LAGWX has not paid dividends to shareholders, while LAIEX's dividend yield for the trailing twelve months is around 1.33%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LAGWX Lord Abbett Developing Growth Fund	0.00%	0.00%	0.03%	0.00%	0.00%	12.60%	9.67%	22.87%	33.87%	0.00%	0.00%	10.03%
LAIEX Lord Abbett International Opportunities Fund	1.33%	1.59%	1.90%	1.51%	1.69%	2.33%	0.00%	1.23%	12.50%	4.38%	0.71%	4.36%

Frequently Asked Questions

Can I hold both LAGWX and LAIEX in my portfolio?

LAGWX and LAIEX have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LAGWX or LAIEX?

LAGWX has higher volatility (10.56%) compared to LAIEX (7.82%). In terms of maximum drawdown, LAGWX dropped -60.31% vs LAIEX's -71.83%.

Which has better risk-adjusted returns?

LAGWX currently has the higher Sharpe Ratio (2.33 vs 1.50), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.