LEAIX vs. UMNIX
Compare and contrast key facts about Lazard Emerging Markets Equity Advantage Portfolio (LEAIX) and Lazard US Short Duration Fixed Income Portfolio (UMNIX).
LEAIX is managed by Lazard. It was launched on May 28, 2015. UMNIX is managed by Lazard. It was launched on Feb 28, 2011.
Performance
LEAIX vs. UMNIX - Performance Comparison
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LEAIX vs. UMNIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LEAIX Lazard Emerging Markets Equity Advantage Portfolio | 3.83% | 33.74% | 11.41% | 12.67% | -21.01% | 0.96% | 17.39% | 20.44% | -16.25% | 42.52% |
UMNIX Lazard US Short Duration Fixed Income Portfolio | 0.15% | 5.02% | 3.88% | 3.53% | -2.72% | -0.44% | 2.47% | 3.26% | 1.09% | 0.82% |
Returns By Period
In the year-to-date period, LEAIX achieves a 3.83% return, which is significantly higher than UMNIX's 0.15% return. Over the past 10 years, LEAIX has outperformed UMNIX with an annualized return of 9.37%, while UMNIX has yielded a comparatively lower 1.74% annualized return.
LEAIX
- 1D
- 1.25%
- 1M
- -10.42%
- YTD
- 3.83%
- 6M
- 7.57%
- 1Y
- 33.39%
- 3Y*
- 17.81%
- 5Y*
- 5.48%
- 10Y*
- 9.37%
UMNIX
- 1D
- 0.10%
- 1M
- -0.52%
- YTD
- 0.15%
- 6M
- 1.03%
- 1Y
- 3.21%
- 3Y*
- 3.76%
- 5Y*
- 1.84%
- 10Y*
- 1.74%
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LEAIX vs. UMNIX - Expense Ratio Comparison
LEAIX has a 0.91% expense ratio, which is higher than UMNIX's 0.40% expense ratio.
Return for Risk
LEAIX vs. UMNIX — Risk / Return Rank
LEAIX
UMNIX
LEAIX vs. UMNIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lazard Emerging Markets Equity Advantage Portfolio (LEAIX) and Lazard US Short Duration Fixed Income Portfolio (UMNIX). 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.
| LEAIX | UMNIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.12 | 1.71 | +0.41 |
Sortino ratioReturn per unit of downside risk | 2.73 | 2.91 | -0.18 |
Omega ratioGain probability vs. loss probability | 1.39 | 1.39 | +0.01 |
Calmar ratioReturn relative to maximum drawdown | 2.55 | 3.42 | -0.87 |
Martin ratioReturn relative to average drawdown | 9.95 | 10.72 | -0.77 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| LEAIX | UMNIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.12 | 1.71 | +0.41 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.35 | 0.95 | -0.60 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.54 | 1.14 | -0.60 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.57 | 1.02 | -0.45 |
Correlation
The correlation between LEAIX and UMNIX is -0.02. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Dividends
LEAIX vs. UMNIX - Dividend Comparison
LEAIX's dividend yield for the trailing twelve months is around 1.83%, less than UMNIX's 3.27% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LEAIX Lazard Emerging Markets Equity Advantage Portfolio | 1.83% | 1.90% | 1.52% | 1.93% | 3.42% | 8.01% | 0.84% | 1.92% | 2.43% | 1.15% | 1.62% | 0.00% |
UMNIX Lazard US Short Duration Fixed Income Portfolio | 3.27% | 3.94% | 3.48% | 2.70% | 1.30% | 0.16% | 1.22% | 2.48% | 2.00% | 1.53% | 1.30% | 1.06% |
Drawdowns
LEAIX vs. UMNIX - Drawdown Comparison
The maximum LEAIX drawdown since its inception was -37.24%, which is greater than UMNIX's maximum drawdown of -4.13%. Use the drawdown chart below to compare losses from any high point for LEAIX and UMNIX.
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Drawdown Indicators
| LEAIX | UMNIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.24% | -4.13% | -33.11% |
Max Drawdown (1Y)Largest decline over 1 year | -13.29% | -1.04% | -12.25% |
Max Drawdown (5Y)Largest decline over 5 years | -36.30% | -4.06% | -32.24% |
Max Drawdown (10Y)Largest decline over 10 years | -37.24% | -4.13% | -33.11% |
Current DrawdownCurrent decline from peak | -12.21% | -0.72% | -11.49% |
Average DrawdownAverage peak-to-trough decline | -11.67% | -0.85% | -10.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.40% | 0.33% | +3.07% |
Volatility
LEAIX vs. UMNIX - Volatility Comparison
Lazard Emerging Markets Equity Advantage Portfolio (LEAIX) has a higher volatility of 6.96% compared to Lazard US Short Duration Fixed Income Portfolio (UMNIX) at 0.50%. This indicates that LEAIX's price experiences larger fluctuations and is considered to be riskier than UMNIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LEAIX | UMNIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 6.96% | 0.50% | +6.46% |
Volatility (6M)Calculated over the trailing 6-month period | 11.60% | 1.22% | +10.38% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.53% | 1.91% | +14.62% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 15.62% | 1.94% | +13.68% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.30% | 1.53% | +15.77% |