LFLIX vs. BRW
LFLIX (BrandywineGLOBAL - Flexible Bond Fund) and BRW (Saba Capital Income & Opportunities Fund) are both Multisector Bonds funds. Over the past 5 years, LFLIX returned 2.27%/yr vs 6.57%/yr for BRW. At a 0.19 correlation, their price movements are largely independent. LFLIX charges 0.75%/yr vs 1.71%/yr for BRW.
Performance
LFLIX vs. BRW - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, LFLIX achieves a 3.18% return, which is significantly higher than BRW's 2.74% return.
LFLIX
- 1D
- 0.21%
- 1M
- 0.25%
- 6M
- 2.53%
- YTD
- 3.18%
- 1Y
- 7.89%
- 3Y*
- 6.82%
- 5Y*
- 2.27%
- 10Y*
- —
BRW
- 1D
- -0.60%
- 1M
- 1.90%
- 6M
- 3.48%
- YTD
- 2.74%
- 1Y
- -5.38%
- 3Y*
- 10.23%
- 5Y*
- 6.57%
- 10Y*
- —
LFLIX vs. BRW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
LFLIX BrandywineGLOBAL - Flexible Bond Fund | 3.18% | 8.82% | 2.95% | 9.57% | -10.87% | -0.04% |
BRW Saba Capital Income & Opportunities Fund | 2.74% | 5.89% | 12.16% | 18.49% | -4.64% | 3.19% |
Correlation
The correlation between LFLIX and BRW is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.19 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.18 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.19 |
Correlation (All Time) Calculated using the full available price history since May 5, 2021 | 0.19 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
LFLIX vs. BRW — Risk / Return Rank
LFLIX
BRW
LFLIX vs. BRW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for BrandywineGLOBAL - Flexible Bond Fund (LFLIX) and Saba Capital Income & Opportunities Fund (BRW). 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.
| LFLIX | BRW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.30 | ||
| Sortino ratioReturn per unit of downside risk | +3.32 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 0.94 | +0.44 |
| Calmar ratioReturn relative to maximum drawdown | 2.83 | -0.30 | +3.13 |
| Martin ratioReturn relative to average drawdown | 9.96 | -0.52 | +10.48 |
Loading charts...
Drawdowns
LFLIX vs. BRW - Drawdown Comparison
The maximum LFLIX drawdown since its inception was -16.73%, smaller than the maximum BRW drawdown of -17.74%. Use the drawdown chart below to compare losses from any high point for LFLIX and BRW.
Loading charts...
Drawdown Indicators
| LFLIX | BRW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.73% | -17.74% | +1.01% |
Max Drawdown (1Y)Largest decline over 1 year | -2.72% | -17.74% | +15.02% |
Max Drawdown (3Y)Largest decline over 3 years | -7.54% | -17.74% | +10.20% |
Max Drawdown (5Y)Largest decline over 5 years | -16.73% | -17.74% | +1.01% |
Current DrawdownCurrent decline from peak | -0.38% | -9.47% | +9.09% |
Average DrawdownAverage peak-to-trough decline | -2.83% | -4.05% | +1.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.77% | 10.39% | -9.62% |
Volatility
LFLIX vs. BRW - Volatility Comparison
The current volatility for BrandywineGLOBAL - Flexible Bond Fund (LFLIX) is 1.00%, while Saba Capital Income & Opportunities Fund (BRW) has a volatility of 3.92%. This indicates that LFLIX experiences smaller price fluctuations and is considered to be less risky than BRW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| LFLIX | BRW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.00% | 3.92% | -2.92% |
Volatility (6M)Calculated over the trailing 6-month period | 3.47% | 8.38% | -4.91% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.05% | 13.40% | -9.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.75% | 12.96% | -7.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.08% | 12.88% | -7.80% |
LFLIX vs. BRW - Expense Ratio Comparison
LFLIX has a 0.75% expense ratio, which is lower than BRW's 1.71% expense ratio.
Dividends
LFLIX vs. BRW - Dividend Comparison
LFLIX's dividend yield for the trailing twelve months is around 6.63%, less than BRW's 15.46% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
BRW Saba Capital Income & Opportunities Fund | 15.46% | 14.46% | 12.27% | 16.02% | 13.82% | 4.53% | 0.00% | 0.00% | 0.00% | 0.00% |
LFLIX BrandywineGLOBAL - Flexible Bond Fund | 6.63% | 6.67% | 8.94% | 5.36% | 3.28% | 2.90% | 3.62% | 6.04% | 3.67% | 3.06% |
Frequently Asked Questions
LFLIX and BRW have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BRW has higher volatility (3.92%) compared to LFLIX (1.00%). In terms of maximum drawdown, LFLIX dropped -16.73% vs BRW's -17.74%.
LFLIX currently has the higher Sharpe Ratio (1.90 vs -0.40), 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.
Find the right allocation for LFLIX and BRW
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer