LCSSX vs. BX

Last updated Apr 1, 2026

Compare and contrast key facts about ClearBridge Select Fund (LCSSX) and The Blackstone Group Inc. (BX).

LCSSX is managed by Legg Mason. It was launched on Nov 30, 2012.

Performance

LCSSX vs. BX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ClearBridge Select Fund (LCSSX) and The Blackstone Group Inc. (BX). The values are adjusted to include any dividend payments, if applicable.

LCSSX vs. BX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LCSSX ClearBridge Select Fund	-10.67%	7.26%	21.54%	24.25%	-33.06%	20.27%	58.86%	33.60%	10.56%	39.04%
BX The Blackstone Group Inc.	-24.53%	-7.84%	35.07%	82.75%	-40.01%	107.11%	19.78%	96.33%	0.10%	27.34%

Returns By Period

In the year-to-date period, LCSSX achieves a -10.67% return, which is significantly higher than BX's -24.53% return. Over the past 10 years, LCSSX has underperformed BX with an annualized return of 15.67%, while BX has yielded a comparatively higher 20.39% annualized return.

LCSSX

• 1D: -0.70%
• 1M: -8.33%
• YTD: -10.67%
• 6M: -12.76%
• 1Y: 5.24%
• 3Y*: 10.12%
• 5Y*: 1.92%
• 10Y*: 15.67%

BX

• 1D: 3.04%
• 1M: 1.43%
• YTD: -24.53%
• 6M: -31.31%
• 1Y: -14.93%
• 3Y*: 12.84%
• 5Y*: 12.65%
• 10Y*: 20.39%

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

Return for Risk

LCSSX vs. BX — Risk / Return Rank

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

LCSSX

LCSSX Risk / Return Rank: 11
LCSSX Sharpe Ratio Rank: 10
LCSSX Sortino Ratio Rank: 11
LCSSX Omega Ratio Rank: 11
LCSSX Calmar Ratio Rank: 10
LCSSX Martin Ratio Rank: 10

BX

BX Risk / Return Rank: 27
BX Sharpe Ratio Rank: 25
BX Sortino Ratio Rank: 24
BX Omega Ratio Rank: 24
BX Calmar Ratio Rank: 33
BX Martin Ratio Rank: 30

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.

LCSSX vs. BX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ClearBridge Select Fund (LCSSX) and The Blackstone Group Inc. (BX). 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.

	LCSSX	BX	Difference
Sharpe ratio Return per unit of total volatility	0.25	-0.38	+0.63
Sortino ratio Return per unit of downside risk	0.50	-0.29	+0.80
Omega ratio Gain probability vs. loss probability	1.07	0.96	+0.11
Calmar ratio Return relative to maximum drawdown	0.22	-0.31	+0.53
Martin ratio Return relative to average drawdown	0.71	-0.73	+1.44
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LCSSX vs. BX - Sharpe Ratio Comparison

The current LCSSX Sharpe Ratio is 0.25, which is higher than the BX Sharpe Ratio of -0.38. The chart below compares the historical Sharpe Ratios of LCSSX and BX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	LCSSX	BX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.25	-0.38	+0.63
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.09	0.33	-0.24
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.72	0.58	+0.14
Sharpe Ratio (All Time) Calculated using the full available price history	0.73	0.28	+0.45

Correlation

The correlation between LCSSX and BX is 0.60, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

LCSSX vs. BX - Dividend Comparison

LCSSX has not paid dividends to shareholders, while BX's dividend yield for the trailing twelve months is around 4.12%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LCSSX ClearBridge Select Fund	0.00%	0.00%	0.00%	0.00%	0.01%	3.26%	0.00%	0.00%	1.28%	2.11%	1.12%	5.25%
BX The Blackstone Group Inc.	4.12%	3.04%	2.00%	2.54%	6.66%	2.76%	2.95%	3.43%	8.12%	7.25%	6.14%	11.76%

Drawdowns

LCSSX vs. BX - Drawdown Comparison

The maximum LCSSX drawdown since its inception was -43.46%, smaller than the maximum BX drawdown of -87.62%. Use the drawdown chart below to compare losses from any high point for LCSSX and BX.

Drawdown Indicators

	LCSSX	BX	Difference
Max Drawdown Largest peak-to-trough decline	-43.46%	-87.62%	+44.16%
Max Drawdown (1Y) Largest decline over 1 year	-14.24%	-44.76%	+30.52%
Max Drawdown (5Y) Largest decline over 5 years	-43.46%	-49.29%	+5.83%
Max Drawdown (10Y) Largest decline over 10 years	-43.46%	-49.29%	+5.83%
Current Drawdown Current decline from peak	-14.24%	-39.75%	+25.51%
Average Drawdown Average peak-to-trough decline	-9.26%	-25.60%	+16.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.34%	18.96%	-14.62%

Volatility

LCSSX vs. BX - Volatility Comparison

The current volatility for ClearBridge Select Fund (LCSSX) is 5.54%, while The Blackstone Group Inc. (BX) has a volatility of 12.58%. This indicates that LCSSX experiences smaller price fluctuations and is considered to be less risky than BX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LCSSX	BX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.54%	12.58%	-7.04%
Volatility (6M) Calculated over the trailing 6-month period	11.39%	25.53%	-14.14%
Volatility (1Y) Calculated over the trailing 1-year period	20.32%	39.69%	-19.37%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.82%	38.83%	-17.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.91%	35.56%	-13.65%