Correlation
The correlation between LDMIX and VEA is 0.69, 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.
LDMIX vs. VEA
Compare and contrast key facts about Lazard Developing Markets Equity Portfolio (LDMIX) and Vanguard FTSE Developed Markets ETF (VEA).
LDMIX is managed by Lazard. It was launched on Sep 29, 2008. VEA is a passively managed fund by Vanguard that tracks the performance of the MSCI EAFE Index. It was launched on Jul 20, 2007.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LDMIX or VEA.
Performance
LDMIX vs. VEA - Performance Comparison
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Key characteristics
LDMIX:
0.55
VEA:
0.83
LDMIX:
0.66
VEA:
1.18
LDMIX:
1.08
VEA:
1.16
LDMIX:
0.20
VEA:
0.98
LDMIX:
1.32
VEA:
2.96
LDMIX:
5.49%
VEA:
4.44%
LDMIX:
18.69%
VEA:
17.19%
LDMIX:
-52.00%
VEA:
-60.69%
LDMIX:
-22.78%
VEA:
-0.39%
Returns By Period
In the year-to-date period, LDMIX achieves a 6.49% return, which is significantly lower than VEA's 16.76% return. Over the past 10 years, LDMIX has underperformed VEA with an annualized return of 3.73%, while VEA has yielded a comparatively higher 6.14% annualized return.
LDMIX
6.49%
4.31%
5.49%
10.85%
3.29%
4.84%
3.73%
VEA
16.76%
5.57%
12.67%
13.09%
10.44%
11.40%
6.14%
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LDMIX vs. VEA - Expense Ratio Comparison
LDMIX has a 1.15% expense ratio, which is higher than VEA's 0.05% expense ratio.
Risk-Adjusted Performance
LDMIX vs. VEA — Risk-Adjusted Performance Rank
LDMIX
VEA
LDMIX vs. VEA - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Lazard Developing Markets Equity Portfolio (LDMIX) and Vanguard FTSE Developed Markets ETF (VEA). 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.
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Dividends
LDMIX vs. VEA - Dividend Comparison
LDMIX's dividend yield for the trailing twelve months is around 0.79%, less than VEA's 2.81% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LDMIX Lazard Developing Markets Equity Portfolio | 0.79% | 0.84% | 2.24% | 0.83% | 1.00% | 0.25% | 0.54% | 0.78% | 0.21% | 0.95% | 0.55% | 1.59% |
VEA Vanguard FTSE Developed Markets ETF | 2.81% | 3.36% | 3.16% | 2.91% | 3.16% | 2.04% | 3.04% | 3.35% | 2.77% | 3.05% | 2.92% | 3.68% |
Drawdowns
LDMIX vs. VEA - Drawdown Comparison
The maximum LDMIX drawdown since its inception was -52.00%, smaller than the maximum VEA drawdown of -60.69%. Use the drawdown chart below to compare losses from any high point for LDMIX and VEA.
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Volatility
LDMIX vs. VEA - Volatility Comparison
Lazard Developing Markets Equity Portfolio (LDMIX) has a higher volatility of 4.36% compared to Vanguard FTSE Developed Markets ETF (VEA) at 3.04%. This indicates that LDMIX's price experiences larger fluctuations and is considered to be riskier than VEA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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