LCILX vs. LMGEX

Last updated Aug 1, 2026

LCILX (ClearBridge Sustainability Leaders Fund) and LMGEX (Franklin International Equity Fund) are both mutual funds - LCILX is a Large Cap Blend Equities fund managed by Legg Mason, while LMGEX is a Foreign Large Cap Equities fund managed by Legg Mason. Over the past 10 years, LCILX returned 13.91%/yr vs 8.34%/yr for LMGEX. Their 0.75 correlation means they have sometimes moved together and sometimes differently. LCILX charges 0.75%/yr vs 2.05%/yr for LMGEX.

Performance

LCILX vs. LMGEX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ClearBridge Sustainability Leaders Fund (LCILX) and Franklin International Equity Fund (LMGEX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LCILX achieves a 9.23% return, which is significantly lower than LMGEX's 11.82% return. Over the past 10 years, LCILX has outperformed LMGEX with an annualized return of 13.91%, while LMGEX has yielded a comparatively lower 8.34% annualized 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%

LMGEX

• 1D: 2.74%
• 1M: 2.28%
• 6M: 6.76%
• YTD: 11.82%
• 1Y: 25.09%
• 3Y*: 16.43%
• 5Y*: 9.59%
• 10Y*: 8.34%
• ALL TIME*: 4.86%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
LCILX ClearBridge Sustainability Leaders Fund	$0.00	$0.00	$0.00
LMGEX Franklin International Equity Fund	$0.00	$0.00	$0.00

LCILX vs. LMGEX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LCILX ClearBridge Sustainability Leaders Fund	9.23%	10.49%	14.36%	16.68%	-20.85%	24.76%	35.82%	37.85%	-2.40%	21.54%
LMGEX Franklin International Equity Fund	11.82%	32.05%	3.42%	18.48%	-13.55%	12.87%	2.74%	17.61%	-16.67%	23.58%

Correlation

The correlation between LCILX and LMGEX is 0.76, 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.	0.76
Correlation (3Y) Balances recent behavior with more history.	0.72
Correlation (5Y) Shows whether the relationship held over a longer period.	0.75
Correlation (10Y) Provides a long-term view across more market conditions.	0.74
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016	0.75

The correlation between LCILX and LMGEX has been stable across timeframes, ranging from 0.72 to 0.76 - a consistent structural relationship.

Return for Risk

LCILX vs. LMGEX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

LCILX

LCILX Risk / Return Rank: 38
LCILX Sharpe Ratio Rank: 35
LCILX Sortino Ratio Rank: 34
LCILX Omega Ratio Rank: 34
LCILX Calmar Ratio Rank: 38
LCILX Martin Ratio Rank: 49

LMGEX

LMGEX Risk / Return Rank: 58
LMGEX Sharpe Ratio Rank: 61
LMGEX Sortino Ratio Rank: 60
LMGEX Omega Ratio Rank: 58
LMGEX Calmar Ratio Rank: 59
LMGEX Martin Ratio Rank: 54

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

LCILX vs. LMGEX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ClearBridge Sustainability Leaders Fund (LCILX) and Franklin International Equity Fund (LMGEX). 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	LMGEX	Difference
Sharpe ratio: Return per unit of total volatility	1.11	1.50	-0.39
Sortino ratio: Return per unit of downside risk	1.61	2.16	-0.56
Omega ratio: Gain probability vs. loss probability	1.20	1.27	-0.07
Calmar ratio: Return relative to maximum drawdown	1.59	2.04	-0.45
Martin ratio: Return relative to average drawdown	6.80	7.30	-0.50

LCILX vs. LMGEX - Sharpe Ratio Comparison

The current LCILX Sharpe Ratio is 1.11, which is comparable to the LMGEX Sharpe Ratio of 1.50. The chart below compares the historical Sharpe Ratios of LCILX and LMGEX, 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

LCILX vs. LMGEX - Drawdown Comparison

The maximum LCILX drawdown since its inception was -31.70%, smaller than the maximum LMGEX drawdown of -63.37%. Use the drawdown chart below to compare losses from any high point for LCILX and LMGEX.

Drawdown Indicators

	LCILX	LMGEX	Difference
Max Drawdown Largest peak-to-trough decline	-31.70%	-63.37%	+31.67%
Max Drawdown (1Y) Largest decline over 1 year	-8.74%	-11.64%	+2.90%
Max Drawdown (3Y) Largest decline over 3 years	-19.63%	-13.05%	-6.58%
Max Drawdown (5Y) Largest decline over 5 years	-27.19%	-28.98%	+1.79%
Max Drawdown (10Y) Largest decline over 10 years	-31.70%	-39.79%	+8.09%
Current Drawdown Current decline from peak	-2.09%	0.00%	-2.09%
Average Drawdown Average peak-to-trough decline	-5.22%	-18.13%	+12.91%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.04%	3.25%	-1.21%

Volatility

LCILX vs. LMGEX - Volatility Comparison

The current volatility for ClearBridge Sustainability Leaders Fund (LCILX) is 3.15%, while Franklin International Equity Fund (LMGEX) has a volatility of 4.80%. This indicates that LCILX experiences smaller price fluctuations and is considered to be less risky than LMGEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LCILX	LMGEX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.15%	4.80%	-1.65%
Volatility (6M) Calculated over the trailing 6-month period	9.80%	13.43%	-3.63%
Volatility (1Y) Calculated over the trailing 1-year period	12.55%	15.89%	-3.34%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.37%	15.96%	+1.41%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.11%	15.95%	+2.16%

LCILX vs. LMGEX - Expense Ratio Comparison

LCILX has a 0.75% expense ratio, which is lower than LMGEX's 2.05% expense ratio.

Dividends

LCILX vs. LMGEX - Dividend Comparison

LCILX's dividend yield for the trailing twelve months is around 4.46%, less than LMGEX's 7.40% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%	0.00%
LMGEX Franklin International Equity Fund	7.40%	8.28%	5.68%	1.51%	2.88%	5.10%	0.58%	0.49%	1.62%	1.60%	1.30%	0.91%

Frequently Asked Questions

Can I hold both LCILX and LMGEX in my portfolio?

LCILX and LMGEX have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LCILX or LMGEX?

LMGEX has higher volatility (4.80%) compared to LCILX (3.15%). In terms of maximum drawdown, LCILX dropped -31.70% vs LMGEX's -63.37%.

Which has better risk-adjusted returns?

LMGEX currently has the higher Sharpe Ratio (1.50 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.