LBWIX vs. NEIMX

Last updated Jun 5, 2026

LBWIX (BrandywineGLOBAL - Diversified US Large Cap Value Fund) and NEIMX (Neiman Large Cap Value Fund) are both Large Cap Value Equities funds. Over the past 10 years, LBWIX returned 11.99%/yr vs 10.35%/yr for NEIMX. Their correlation of 0.90 suggests significant overlap in exposure. LBWIX charges 0.84%/yr vs 1.46%/yr for NEIMX.

Performance

LBWIX vs. NEIMX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BrandywineGLOBAL - Diversified US Large Cap Value Fund (LBWIX) and Neiman Large Cap Value Fund (NEIMX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LBWIX achieves a 10.00% return, which is significantly lower than NEIMX's 17.46% return. Over the past 10 years, LBWIX has outperformed NEIMX with an annualized return of 11.99%, while NEIMX has yielded a comparatively lower 10.35% annualized return.

LBWIX

• 1D: -0.09%
• 1M: 2.68%
• YTD: 10.00%
• 6M: 11.14%
• 1Y: 26.84%
• 3Y*: 19.20%
• 5Y*: 10.90%
• 10Y*: 11.99%

NEIMX

• 1D: 0.14%
• 1M: 3.98%
• YTD: 17.46%
• 6M: 17.48%
• 1Y: 34.72%
• 3Y*: 19.62%
• 5Y*: 11.97%
• 10Y*: 10.35%

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

LBWIX vs. NEIMX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LBWIX BrandywineGLOBAL - Diversified US Large Cap Value Fund	10.00%	17.38%	18.59%	7.42%	-1.56%	29.74%	-1.41%	25.66%	-9.05%	17.79%
NEIMX Neiman Large Cap Value Fund	17.46%	18.68%	13.50%	6.15%	-5.16%	23.85%	-5.97%	23.49%	-9.76%	19.00%

Correlation

The correlation between LBWIX and NEIMX is 0.73, 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	0.73
Correlation (3Y) Calculated over the trailing 3-year period	0.77
Correlation (5Y) Calculated over the trailing 5-year period	0.85
Correlation (10Y) Calculated over the trailing 10-year period	0.88
Correlation (All Time) Calculated using the full available price history since Jan 4, 2011	0.90

The correlation between LBWIX and NEIMX shifts across timeframes, from 0.73 (1 year) to 0.90 (all time), reflecting how their relationship changes across market environments.

Return for Risk

LBWIX vs. NEIMX — Risk / Return Rank

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

LBWIX

LBWIX Risk / Return Rank: 73
LBWIX Sharpe Ratio Rank: 72
LBWIX Sortino Ratio Rank: 74
LBWIX Omega Ratio Rank: 62
LBWIX Calmar Ratio Rank: 84
LBWIX Martin Ratio Rank: 74

NEIMX

NEIMX Risk / Return Rank: 94
NEIMX Sharpe Ratio Rank: 95
NEIMX Sortino Ratio Rank: 93
NEIMX Omega Ratio Rank: 88
NEIMX Calmar Ratio Rank: 96
NEIMX Martin Ratio Rank: 97

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.

LBWIX vs. NEIMX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BrandywineGLOBAL - Diversified US Large Cap Value Fund (LBWIX) and Neiman Large Cap Value Fund (NEIMX). 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.

	LBWIX	NEIMX	Difference
Sharpe ratio: Return per unit of total volatility	2.44	3.41	-0.96
Sortino ratio: Return per unit of downside risk	3.57	4.73	-1.16
Omega ratio: Gain probability vs. loss probability	1.43	1.63	-0.20
Calmar ratio: Return relative to maximum drawdown	3.84	6.03	-2.20
Martin ratio: Return relative to average drawdown	13.66	25.19	-11.53
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LBWIX vs. NEIMX - Sharpe Ratio Comparison

The current LBWIX Sharpe Ratio is 2.44, which is comparable to the NEIMX Sharpe Ratio of 3.41. The chart below compares the historical Sharpe Ratios of LBWIX and NEIMX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	LBWIX	NEIMX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.44	3.41	-0.96
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.74	0.02	+0.72
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.67	0.03	+0.65
Sharpe Ratio (All Time) Calculated using the full available price history	0.69	0.03	+0.66

Drawdowns

LBWIX vs. NEIMX - Drawdown Comparison

The maximum LBWIX drawdown since its inception was -38.22%, smaller than the maximum NEIMX drawdown of -92.94%. Use the drawdown chart below to compare losses from any high point for LBWIX and NEIMX.

Drawdown Indicators

	LBWIX	NEIMX	Difference
Max Drawdown Largest peak-to-trough decline	-38.22%	-92.94%	+54.72%
Max Drawdown (1Y) Largest decline over 1 year	-6.80%	-5.75%	-1.05%
Max Drawdown (3Y) Largest decline over 3 years	-14.05%	-92.94%	+78.89%
Max Drawdown (5Y) Largest decline over 5 years	-17.87%	-92.94%	+75.07%
Max Drawdown (10Y) Largest decline over 10 years	-38.22%	-92.94%	+54.72%
Current Drawdown Current decline from peak	-0.09%	-88.97%	+88.88%
Average Drawdown Average peak-to-trough decline	-3.95%	-10.52%	+6.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.91%	1.37%	+0.54%

Volatility

LBWIX vs. NEIMX - Volatility Comparison

BrandywineGLOBAL - Diversified US Large Cap Value Fund (LBWIX) and Neiman Large Cap Value Fund (NEIMX) have volatilities of 2.66% and 2.65%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LBWIX	NEIMX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.66%	2.65%	+0.01%
Volatility (6M) Calculated over the trailing 6-month period	7.80%	7.77%	+0.03%
Volatility (1Y) Calculated over the trailing 1-year period	10.68%	10.18%	+0.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.79%	576.30%	-561.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.84%	407.62%	-389.78%

LBWIX vs. NEIMX - Expense Ratio Comparison

LBWIX has a 0.84% expense ratio, which is lower than NEIMX's 1.46% expense ratio.

Dividends

LBWIX vs. NEIMX - Dividend Comparison

LBWIX's dividend yield for the trailing twelve months is around 11.32%, more than NEIMX's 0.65% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LBWIX BrandywineGLOBAL - Diversified US Large Cap Value Fund	11.32%	12.45%	11.18%	1.90%	13.87%	16.48%	2.89%	11.13%	11.30%	6.47%	6.95%	6.82%
NEIMX Neiman Large Cap Value Fund	0.65%	0.76%	1.10%	1.36%	3.60%	17.65%	1.20%	2.26%	1.20%	6.64%	10.20%	4.19%

Frequently Asked Questions

Can I hold both LBWIX and NEIMX in my portfolio?

LBWIX and NEIMX have a correlation of 0.73, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LBWIX or NEIMX?

LBWIX has higher volatility (2.66%) compared to NEIMX (2.65%). In terms of maximum drawdown, LBWIX dropped -38.22% vs NEIMX's -92.94%.

Which has better risk-adjusted returns?

NEIMX currently has the higher Sharpe Ratio (3.41 vs 2.44), 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.