LGI vs. DMO
LGI (Lazard Global Total Return and Income Fund) and DMO (Dimensional Multi-Asset Fund) are both Global Allocation funds. Over the past 10 years, LGI returned 12.96%/yr vs 3.75%/yr for DMO. Their 0.23 correlation means their historical movements had little consistent relationship. LGI charges 0.02%/yr vs 0.04%/yr for DMO.
Performance
LGI vs. DMO - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, LGI achieves a 10.22% return, which is significantly higher than DMO's 0.98% return. Over the past 10 years, LGI has outperformed DMO with an annualized return of 12.96%, while DMO has yielded a comparatively lower 3.75% annualized return.
LGI
- 1D
- 0.22%
- 1M
- -1.94%
- 6M
- 4.25%
- YTD
- 10.22%
- 1Y
- 20.25%
- 3Y*
- 15.74%
- 5Y*
- 6.89%
- 10Y*
- 12.96%
- ALL TIME*
- 8.35%
DMO
- 1D
- -0.10%
- 1M
- -2.44%
- 6M
- 0.79%
- YTD
- 0.98%
- 1Y
- -0.66%
- 3Y*
- 11.17%
- 5Y*
- 4.03%
- 10Y*
- 3.75%
- ALL TIME*
- 8.24%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $406.77K | $422.33K | $418.75K | |
| $635.58K | $624.93K | $658.03K |
LGI vs. DMO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LGI Lazard Global Total Return and Income Fund | 10.22% | 21.36% | 14.00% | 12.89% | -20.57% | 25.28% | 17.04% | 30.25% | -10.51% | 39.37% |
DMO Dimensional Multi-Asset Fund | 0.98% | 6.95% | 20.24% | 16.79% | -21.64% | 17.12% | -22.32% | 9.10% | -2.04% | 23.46% |
Correlation
The correlation between LGI and DMO is 0.23, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.23 |
Correlation (3Y) Balances recent behavior with more history. | 0.22 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.27 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.26 |
Correlation (All Time) Calculated using the full available price history since Feb 24, 2010 | 0.23 |
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
LGI vs. DMO — Risk / Return Rank
LGI
DMO
LGI vs. DMO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lazard Global Total Return and Income Fund (LGI) and Dimensional Multi-Asset Fund (DMO). 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.
| LGI | DMO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.16 | ||
| Sortino ratioReturn per unit of downside risk | +1.53 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.00 | +0.22 |
| Calmar ratioReturn relative to maximum drawdown | 0.87 | -0.05 | +0.93 |
| Martin ratioReturn relative to average drawdown | 3.04 | -0.12 | +3.16 |
Loading charts...
Drawdowns
LGI vs. DMO - Drawdown Comparison
The maximum LGI drawdown since its inception was -63.34%, which is greater than DMO's maximum drawdown of -49.16%. Use the drawdown chart below to compare losses from any high point for LGI and DMO.
Loading charts...
Drawdown Indicators
| LGI | DMO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.34% | -49.16% | -14.18% |
Max Drawdown (1Y)Largest decline over 1 year | -21.25% | -8.37% | -12.88% |
Max Drawdown (3Y)Largest decline over 3 years | -21.95% | -9.04% | -12.91% |
Max Drawdown (5Y)Largest decline over 5 years | -32.84% | -29.04% | -3.80% |
Max Drawdown (10Y)Largest decline over 10 years | -42.94% | -49.16% | +6.22% |
Current DrawdownCurrent decline from peak | -4.76% | -5.13% | +0.37% |
Average DrawdownAverage peak-to-trough decline | -10.90% | -9.55% | -1.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.09% | 3.58% | +2.51% |
Volatility
LGI vs. DMO - Volatility Comparison
Lazard Global Total Return and Income Fund (LGI) has a higher volatility of 4.07% compared to Dimensional Multi-Asset Fund (DMO) at 1.47%. This indicates that LGI's price experiences larger fluctuations and is considered to be riskier than DMO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| LGI | DMO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.07% | 1.47% | +2.60% |
Volatility (6M)Calculated over the trailing 6-month period | 14.79% | 7.76% | +7.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.66% | 10.06% | +6.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.35% | 12.64% | +6.71% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.00% | 19.91% | +0.09% |
LGI vs. DMO - Expense Ratio Comparison
LGI has a 0.02% expense ratio, which is lower than DMO's 0.04% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
LGI vs. DMO - Dividend Comparison
LGI's dividend yield for the trailing twelve months is around 9.98%, less than DMO's 14.31% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DMO Dimensional Multi-Asset Fund | 14.31% | 14.01% | 12.92% | 11.46% | 11.51% | 8.88% | 10.95% | 9.63% | 18.93% | 13.30% | 13.19% | 14.09% |
LGI Lazard Global Total Return and Income Fund | 9.98% | 10.08% | 9.19% | 7.32% | 10.22% | 9.77% | 7.17% | 6.44% | 19.88% | 5.46% | 6.94% | 8.52% |
Frequently Asked Questions
LGI and DMO have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LGI has higher volatility (4.07%) compared to DMO (1.47%). In terms of maximum drawdown, LGI dropped -63.34% vs DMO's -49.16%.
LGI currently has the higher Sharpe Ratio (1.11 vs -0.04), 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 LGI and DMO
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