LCILX vs. LCSMX
LCILX (ClearBridge Sustainability Leaders Fund) and LCSMX (Martin Currie SMA-Shares Series EM Fund) are both mutual funds - LCILX is a Large Cap Blend Equities fund managed by Legg Mason, while LCSMX is a Emerging Markets Equities fund managed by Legg Mason. Over the past 5 years, LCILX returned 7.02%/yr vs 7.64%/yr for LCSMX. Their 0.58 correlation means they have sometimes moved together and sometimes differently. LCILX charges 0.75%/yr vs 0.00%/yr for LCSMX.
Performance
LCILX vs. LCSMX - Performance Comparison
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Returns By Period
In the year-to-date period, LCILX achieves a 9.23% return, which is significantly lower than LCSMX's 35.37% return.
LCILX
- 1D
- 1.32%
- 1M
- -1.35%
- 6M
- 8.24%
- YTD
- 9.23%
- 1Y
- 16.13%
- 3Y*
- 12.62%
- 5Y*
- 7.02%
- 10Y*
- 13.91%
- ALL TIME*
- 13.50%
LCSMX
- 1D
- 6.68%
- 1M
- -8.99%
- 6M
- 19.49%
- YTD
- 35.37%
- 1Y
- 78.36%
- 3Y*
- 21.05%
- 5Y*
- 7.64%
- 10Y*
- —
- ALL TIME*
- 10.28%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
LCILX vs. LCSMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
LCILX ClearBridge Sustainability Leaders Fund | 9.23% | 10.49% | 14.36% | 16.68% | -20.85% | 24.76% | 35.82% | 37.85% | -4.17% |
LCSMX Martin Currie SMA-Shares Series EM Fund | 35.37% | 51.52% | -13.60% | 16.26% | -27.25% | 4.73% | 35.72% | 6.81% | 1.42% |
Correlation
The correlation between LCILX and LCSMX is 0.57, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.57 |
Correlation (3Y) Balances recent behavior with more history. | 0.59 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.62 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2018 | 0.58 |
The correlation between LCILX and LCSMX has been stable across timeframes, ranging from 0.57 to 0.62 - a consistent structural relationship.
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Return for Risk
LCILX vs. LCSMX — Risk / Return Rank
LCILX
LCSMX
LCILX vs. LCSMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ClearBridge Sustainability Leaders Fund (LCILX) and Martin Currie SMA-Shares Series EM Fund (LCSMX). 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.
| LCILX | LCSMX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.02 | ||
| Sortino ratioReturn per unit of downside risk | -0.89 | ||
| Omega ratioGain probability vs. loss probability | 1.20 | 1.39 | -0.19 |
| Calmar ratioReturn relative to maximum drawdown | 1.59 | 2.86 | -1.28 |
| Martin ratioReturn relative to average drawdown | 6.80 | 11.44 | -4.63 |
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Drawdowns
LCILX vs. LCSMX - Drawdown Comparison
The maximum LCILX drawdown since its inception was -31.70%, smaller than the maximum LCSMX drawdown of -39.72%. Use the drawdown chart below to compare losses from any high point for LCILX and LCSMX.
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Drawdown Indicators
| LCILX | LCSMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.70% | -39.72% | +8.02% |
Max Drawdown (1Y)Largest decline over 1 year | -8.74% | -26.28% | +17.54% |
Max Drawdown (3Y)Largest decline over 3 years | -19.63% | -26.28% | +6.65% |
Max Drawdown (5Y)Largest decline over 5 years | -27.19% | -39.72% | +12.53% |
Max Drawdown (10Y)Largest decline over 10 years | -31.70% | — | — |
Current DrawdownCurrent decline from peak | -2.09% | -21.35% | +19.26% |
Average DrawdownAverage peak-to-trough decline | -5.22% | -13.68% | +8.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.04% | 6.57% | -4.53% |
Volatility
LCILX vs. LCSMX - Volatility Comparison
The current volatility for ClearBridge Sustainability Leaders Fund (LCILX) is 3.15%, while Martin Currie SMA-Shares Series EM Fund (LCSMX) has a volatility of 17.13%. This indicates that LCILX experiences smaller price fluctuations and is considered to be less risky than LCSMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LCILX | LCSMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.15% | 17.13% | -13.98% |
Volatility (6M)Calculated over the trailing 6-month period | 9.80% | 33.57% | -23.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.55% | 35.33% | -22.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.37% | 22.15% | -4.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.11% | 21.59% | -3.48% |
LCILX vs. LCSMX - Expense Ratio Comparison
LCILX has a 0.75% expense ratio, which is higher than LCSMX's 0.00% expense ratio.
Dividends
LCILX vs. LCSMX - Dividend Comparison
LCILX's dividend yield for the trailing twelve months is around 4.46%, more than LCSMX's 0.74% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
LCILX ClearBridge Sustainability Leaders Fund | 4.46% | 4.87% | 6.02% | 0.75% | 0.42% | 1.42% | 4.18% | 0.61% | 0.56% | 0.73% | 0.80% |
LCSMX Martin Currie SMA-Shares Series EM Fund | 0.74% | 1.00% | 1.29% | 1.22% | 1.11% | 3.03% | 0.48% | 0.88% | 1.40% | 0.00% | 0.00% |
Frequently Asked Questions
LCILX and LCSMX have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LCSMX has higher volatility (17.13%) compared to LCILX (3.15%). In terms of maximum drawdown, LCILX dropped -31.70% vs LCSMX's -39.72%.
LCSMX currently has the higher Sharpe Ratio (2.13 vs 1.11), 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.
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