LFGIX vs. FUMIX

Last updated Jun 24, 2026

LFGIX (Lord Abbett Focused Growth Fund) and FUMIX (Fidelity SAI U.S. Momentum Index Fund) are both Large Cap Growth Equities funds. Over the past 5 years, LFGIX returned 10.68%/yr vs 17.37%/yr for FUMIX. Their correlation of 0.84 suggests significant overlap in exposure. LFGIX charges 0.80%/yr vs 0.11%/yr for FUMIX.

Performance

LFGIX vs. FUMIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Lord Abbett Focused Growth Fund (LFGIX) and Fidelity SAI U.S. Momentum Index Fund (FUMIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LFGIX achieves a 8.74% return, which is significantly lower than FUMIX's 32.63% return.

LFGIX

• 1D: -0.09%
• 1M: 2.10%
• YTD: 8.74%
• 6M: 6.75%
• 1Y: 20.89%
• 3Y*: 28.04%
• 5Y*: 10.68%
• 10Y*: —

FUMIX

• 1D: 1.37%
• 1M: 9.64%
• YTD: 32.63%
• 6M: 30.51%
• 1Y: 40.33%
• 3Y*: 33.62%
• 5Y*: 17.37%
• 10Y*: —

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

LFGIX vs. FUMIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
LFGIX Lord Abbett Focused Growth Fund	8.74%	15.06%	50.90%	34.10%	-38.87%	12.95%	86.60%	16.00%
FUMIX Fidelity SAI U.S. Momentum Index Fund	32.63%	17.01%	33.39%	14.67%	-15.79%	22.56%	29.92%	19.23%

Correlation

The correlation between LFGIX and FUMIX is 0.83, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.83
Correlation (3Y) Calculated over the trailing 3-year period	0.86
Correlation (5Y) Calculated over the trailing 5-year period	0.83
Correlation (All Time) Calculated using the full available price history since Jan 31, 2019	0.84

The correlation between LFGIX and FUMIX has been stable across timeframes, ranging from 0.83 to 0.86 - a consistent structural relationship.

Return for Risk

LFGIX vs. FUMIX — Risk / Return Rank

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

LFGIX

LFGIX Risk / Return Rank: 13
LFGIX Sharpe Ratio Rank: 15
LFGIX Sortino Ratio Rank: 14
LFGIX Omega Ratio Rank: 15
LFGIX Calmar Ratio Rank: 12
LFGIX Martin Ratio Rank: 11

FUMIX

FUMIX Risk / Return Rank: 78
FUMIX Sharpe Ratio Rank: 75
FUMIX Sortino Ratio Rank: 68
FUMIX Omega Ratio Rank: 68
FUMIX Calmar Ratio Rank: 86
FUMIX Martin Ratio Rank: 92

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.

LFGIX vs. FUMIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lord Abbett Focused Growth Fund (LFGIX) and Fidelity SAI U.S. Momentum Index Fund (FUMIX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	LFGIX	FUMIX	Difference
Sharpe ratio: Return per unit of total volatility	1.01	2.31	-1.30
Sortino ratio: Return per unit of downside risk	1.44	3.13	-1.69
Omega ratio: Gain probability vs. loss probability	1.19	1.42	-0.23
Calmar ratio: Return relative to maximum drawdown	1.05	3.89	-2.84
Martin ratio: Return relative to average drawdown	2.84	17.44	-14.60

LFGIX vs. FUMIX - Sharpe Ratio Comparison

The current LFGIX Sharpe Ratio is 1.01, which is lower than the FUMIX Sharpe Ratio of 2.31. The chart below compares the historical Sharpe Ratios of LFGIX and FUMIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

LFGIX vs. FUMIX - Drawdown Comparison

The maximum LFGIX drawdown since its inception was -46.15%, which is greater than FUMIX's maximum drawdown of -33.36%. Use the drawdown chart below to compare losses from any high point for LFGIX and FUMIX.

Drawdown Indicators

	LFGIX	FUMIX	Difference
Max Drawdown Largest peak-to-trough decline	-46.15%	-33.36%	-12.79%
Max Drawdown (1Y) Largest decline over 1 year	-21.60%	-10.99%	-10.61%
Max Drawdown (3Y) Largest decline over 3 years	-29.57%	-19.90%	-9.67%
Max Drawdown (5Y) Largest decline over 5 years	-46.15%	-27.66%	-18.49%
Current Drawdown Current decline from peak	-0.62%	0.00%	-0.62%
Average Drawdown Average peak-to-trough decline	-14.29%	-6.29%	-8.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.94%	2.44%	+5.50%

Volatility

LFGIX vs. FUMIX - Volatility Comparison

Lord Abbett Focused Growth Fund (LFGIX) and Fidelity SAI U.S. Momentum Index Fund (FUMIX) have volatilities of 7.90% and 7.70%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LFGIX	FUMIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.90%	7.70%	+0.20%
Volatility (6M) Calculated over the trailing 6-month period	16.69%	16.10%	+0.59%
Volatility (1Y) Calculated over the trailing 1-year period	22.37%	18.50%	+3.87%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.70%	21.38%	+5.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.64%	21.83%	+5.81%

LFGIX vs. FUMIX - Expense Ratio Comparison

LFGIX has a 0.80% expense ratio, which is higher than FUMIX's 0.11% expense ratio.

Dividends

LFGIX vs. FUMIX - Dividend Comparison

LFGIX has not paid dividends to shareholders, while FUMIX's dividend yield for the trailing twelve months is around 2.09%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
FUMIX Fidelity SAI U.S. Momentum Index Fund	2.09%	2.77%	5.89%	18.09%	2.10%	20.67%	8.68%	2.09%	3.84%	0.88%
LFGIX Lord Abbett Focused Growth Fund	0.00%	0.00%	0.00%	0.00%	0.00%	16.32%	6.12%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both LFGIX and FUMIX in my portfolio?

LFGIX and FUMIX have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LFGIX or FUMIX?

LFGIX has higher volatility (7.90%) compared to FUMIX (7.70%). In terms of maximum drawdown, LFGIX dropped -46.15% vs FUMIX's -33.36%.

Which has better risk-adjusted returns?

FUMIX currently has the higher Sharpe Ratio (2.31 vs 1.01), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.