LCSSX vs. XMHQ
Compare and contrast key facts about ClearBridge Select Fund (LCSSX) and Invesco S&P MidCap Quality ETF (XMHQ).
LCSSX is managed by Legg Mason. It was launched on Nov 30, 2012. XMHQ is a passively managed fund by Invesco that tracks the performance of the S&P MidCap 400 Index. It was launched on Dec 1, 2006.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LCSSX or XMHQ.
Key characteristics
| LCSSX | XMHQ | |
|---|---|---|
| YTD Return | 2.39% | 18.41% |
| 1Y Return | 21.37% | 45.93% |
| 3Y Return (Ann) | -2.51% | 11.13% |
| 5Y Return (Ann) | 11.76% | 17.16% |
| 10Y Return (Ann) | 15.40% | 12.69% |
| Sharpe Ratio | 1.34 | 2.62 |
| Daily Std Dev | 15.21% | 16.94% |
| Max Drawdown | -43.46% | -58.19% |
| Current Drawdown | -20.63% | -4.73% |
Correlation
The correlation between LCSSX and XMHQ is 0.71, 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. XMHQ - Performance Comparison
In the year-to-date period, LCSSX achieves a 2.39% return, which is significantly lower than XMHQ's 18.41% return. Over the past 10 years, LCSSX has outperformed XMHQ with an annualized return of 15.40%, while XMHQ has yielded a comparatively lower 12.69% annualized return. 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. XMHQ - Expense Ratio Comparison
LCSSX has a 0.99% expense ratio, which is higher than XMHQ's 0.25% expense ratio.
Risk-Adjusted Performance
LCSSX vs. XMHQ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ClearBridge Select Fund (LCSSX) and Invesco S&P MidCap Quality ETF (XMHQ). 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. XMHQ - Dividend Comparison
LCSSX has not paid dividends to shareholders, while XMHQ's dividend yield for the trailing twelve months is around 0.61%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LCSSX ClearBridge Select Fund | 0.00% | 0.00% | 0.01% | 3.26% | 0.00% | 0.00% | 1.28% | 2.11% | 1.12% | 5.25% | 3.17% | 3.67% |
XMHQ Invesco S&P MidCap Quality ETF | 0.61% | 0.73% | 1.72% | 1.00% | 1.12% | 1.22% | 1.59% | 1.06% | 1.63% | 1.34% | 1.25% | 1.11% |
Drawdowns
LCSSX vs. XMHQ - Drawdown Comparison
The maximum LCSSX drawdown since its inception was -43.46%, smaller than the maximum XMHQ drawdown of -58.19%. Use the drawdown chart below to compare losses from any high point for LCSSX and XMHQ. For additional features, visit the drawdowns tool.
Volatility
LCSSX vs. XMHQ - Volatility Comparison
ClearBridge Select Fund (LCSSX) has a higher volatility of 5.62% compared to Invesco S&P MidCap Quality ETF (XMHQ) at 4.46%. This indicates that LCSSX's price experiences larger fluctuations and is considered to be riskier than XMHQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.