LCSSX vs. SPGP
Compare and contrast key facts about ClearBridge Select Fund (LCSSX) and Invesco S&P 500 GARP ETF (SPGP).
LCSSX is managed by Legg Mason. It was launched on Nov 30, 2012. SPGP is a passively managed fund by Invesco that tracks the performance of the S&P 500 GARP Index. It was launched on Jun 16, 2011.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LCSSX or SPGP.
Key characteristics
| LCSSX | SPGP | |
|---|---|---|
| YTD Return | 24.20% | 13.96% |
| 1Y Return | 42.27% | 26.14% |
| 3Y Return (Ann) | -2.24% | 6.89% |
| 5Y Return (Ann) | 15.29% | 14.09% |
| 10Y Return (Ann) | 13.70% | 14.34% |
| Sharpe Ratio | 2.53 | 1.69 |
| Sortino Ratio | 3.37 | 2.37 |
| Omega Ratio | 1.45 | 1.30 |
| Calmar Ratio | 1.18 | 2.65 |
| Martin Ratio | 13.88 | 8.00 |
| Ulcer Index | 2.92% | 3.17% |
| Daily Std Dev | 16.01% | 15.01% |
| Max Drawdown | -45.27% | -42.08% |
| Current Drawdown | -6.80% | -0.33% |
Correlation
The correlation between LCSSX and SPGP is 0.79, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
LCSSX vs. SPGP - Performance Comparison
In the year-to-date period, LCSSX achieves a 24.20% return, which is significantly higher than SPGP's 13.96% return. Both investments have delivered pretty close results over the past 10 years, with LCSSX having a 13.70% annualized return and SPGP not far ahead at 14.34%. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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LCSSX vs. SPGP - Expense Ratio Comparison
LCSSX has a 0.99% expense ratio, which is higher than SPGP's 0.36% expense ratio.
Risk-Adjusted Performance
LCSSX vs. SPGP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ClearBridge Select Fund (LCSSX) and Invesco S&P 500 GARP ETF (SPGP). 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.
Dividends
LCSSX vs. SPGP - Dividend Comparison
LCSSX has not paid dividends to shareholders, while SPGP's dividend yield for the trailing twelve months is around 1.31%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LCSSX ClearBridge Select Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 3.67% |
SPGP Invesco S&P 500 GARP ETF | 1.31% | 1.24% | 1.22% | 0.69% | 1.10% | 0.86% | 0.95% | 0.68% | 0.89% | 1.12% | 1.52% | 2.11% |
Drawdowns
LCSSX vs. SPGP - Drawdown Comparison
The maximum LCSSX drawdown since its inception was -45.27%, which is greater than SPGP's maximum drawdown of -42.08%. Use the drawdown chart below to compare losses from any high point for LCSSX and SPGP. For additional features, visit the drawdowns tool.
Volatility
LCSSX vs. SPGP - Volatility Comparison
The current volatility for ClearBridge Select Fund (LCSSX) is 4.74%, while Invesco S&P 500 GARP ETF (SPGP) has a volatility of 5.45%. This indicates that LCSSX experiences smaller price fluctuations and is considered to be less risky than SPGP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.