LGLAX vs. FOCKX

Last updated Aug 1, 2026

LGLAX (Lord Abbett Growth Leaders Fund Class A) and FOCKX (Fidelity OTC Portfolio Class K) are both Large Cap Growth Equities funds. Over the past 10 years, LGLAX returned 16.49%/yr vs 21.08%/yr for FOCKX. Their correlation of 0.92 means they have usually moved in the same direction. LGLAX charges 0.90%/yr vs 0.65%/yr for FOCKX.

Performance

LGLAX vs. FOCKX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Lord Abbett Growth Leaders Fund Class A (LGLAX) and Fidelity OTC Portfolio Class K (FOCKX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LGLAX achieves a 1.82% return, which is significantly lower than FOCKX's 18.25% return. Over the past 10 years, LGLAX has underperformed FOCKX with an annualized return of 16.49%, while FOCKX has yielded a comparatively higher 21.08% annualized return.

LGLAX

• 1D: 3.93%
• 1M: -4.88%
• 6M: 3.60%
• YTD: 1.82%
• 1Y: 7.55%
• 3Y*: 21.52%
• 5Y*: 7.27%
• 10Y*: 16.49%
• ALL TIME*: 14.97%

FOCKX

• 1D: 2.60%
• 1M: -5.20%
• 6M: 15.57%
• YTD: 18.25%
• 1Y: 36.24%
• 3Y*: 28.61%
• 5Y*: 15.62%
• 10Y*: 21.08%
• ALL TIME*: 16.81%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
FOCKX Fidelity OTC Portfolio Class K	$0.00	$0.00	$0.00
LGLAX Lord Abbett Growth Leaders Fund Class A	$0.00	$0.00	$0.00

LGLAX vs. FOCKX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LGLAX Lord Abbett Growth Leaders Fund Class A	1.82%	16.20%	44.60%	32.97%	-38.87%	8.32%	77.11%	34.68%	-1.32%	31.29%
FOCKX Fidelity OTC Portfolio Class K	18.25%	22.28%	38.91%	42.92%	-32.07%	25.06%	46.83%	39.36%	-3.18%	38.78%

Correlation

The correlation between LGLAX and FOCKX is 0.91, meaning they have usually moved in the same direction, including during past declines.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.91
Correlation (3Y) Balances recent behavior with more history.	0.92
Correlation (5Y) Shows whether the relationship held over a longer period.	0.94
Correlation (10Y) Provides a long-term view across more market conditions.	0.93
Correlation (All Time) Calculated using the full available price history since Jun 29, 2011	0.92

The correlation between LGLAX and FOCKX has been stable across timeframes, ranging from 0.91 to 0.94 - a consistent structural relationship.

Return for Risk

LGLAX vs. FOCKX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

LGLAX

LGLAX Risk / Return Rank: 7
LGLAX Sharpe Ratio Rank: 7
LGLAX Sortino Ratio Rank: 8
LGLAX Omega Ratio Rank: 8
LGLAX Calmar Ratio Rank: 7
LGLAX Martin Ratio Rank: 7

FOCKX

FOCKX Risk / Return Rank: 76
FOCKX Sharpe Ratio Rank: 73
FOCKX Sortino Ratio Rank: 68
FOCKX Omega Ratio Rank: 66
FOCKX Calmar Ratio Rank: 88
FOCKX Martin Ratio Rank: 85

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

LGLAX vs. FOCKX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lord Abbett Growth Leaders Fund Class A (LGLAX) and Fidelity OTC Portfolio Class K (FOCKX). 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.

	LGLAX	FOCKX	Difference
Sharpe ratio: Return per unit of total volatility	0.26	1.65	-1.39
Sortino ratio: Return per unit of downside risk	0.52	2.25	-1.73
Omega ratio: Gain probability vs. loss probability	1.06	1.28	-0.22
Calmar ratio: Return relative to maximum drawdown	0.30	3.08	-2.78
Martin ratio: Return relative to average drawdown	0.83	10.58	-9.76

LGLAX vs. FOCKX - Sharpe Ratio Comparison

The current LGLAX Sharpe Ratio is 0.26, which is lower than the FOCKX Sharpe Ratio of 1.65. The chart below compares the historical Sharpe Ratios of LGLAX and FOCKX, 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

LGLAX vs. FOCKX - Drawdown Comparison

The maximum LGLAX drawdown since its inception was -46.11%, smaller than the maximum FOCKX drawdown of -53.33%. Use the drawdown chart below to compare losses from any high point for LGLAX and FOCKX.

Drawdown Indicators

	LGLAX	FOCKX	Difference
Max Drawdown Largest peak-to-trough decline	-46.11%	-53.33%	+7.22%
Max Drawdown (1Y) Largest decline over 1 year	-21.10%	-11.28%	-9.82%
Max Drawdown (3Y) Largest decline over 3 years	-29.29%	-24.83%	-4.46%
Max Drawdown (5Y) Largest decline over 5 years	-46.11%	-36.97%	-9.14%
Max Drawdown (10Y) Largest decline over 10 years	-46.11%	-36.97%	-9.14%
Current Drawdown Current decline from peak	-8.28%	-8.82%	+0.54%
Average Drawdown Average peak-to-trough decline	-9.38%	-8.34%	-1.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.55%	3.27%	+4.28%

Volatility

LGLAX vs. FOCKX - Volatility Comparison

Lord Abbett Growth Leaders Fund Class A (LGLAX) has a higher volatility of 8.13% compared to Fidelity OTC Portfolio Class K (FOCKX) at 6.28%. This indicates that LGLAX's price experiences larger fluctuations and is considered to be riskier than FOCKX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LGLAX	FOCKX	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.13%	6.28%	+1.85%
Volatility (6M) Calculated over the trailing 6-month period	19.13%	17.28%	+1.85%
Volatility (1Y) Calculated over the trailing 1-year period	23.87%	20.99%	+2.88%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.36%	23.17%	+3.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.05%	22.61%	+2.44%

LGLAX vs. FOCKX - Expense Ratio Comparison

LGLAX has a 0.90% expense ratio, which is higher than FOCKX's 0.65% expense ratio.

Dividends

LGLAX vs. FOCKX - Dividend Comparison

LGLAX's dividend yield for the trailing twelve months is around 2.07%, less than FOCKX's 6.39% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
FOCKX Fidelity OTC Portfolio Class K	6.39%	7.56%	16.42%	0.09%	3.97%	11.34%	6.18%	7.49%	7.81%	4.85%	3.25%	5.42%
LGLAX Lord Abbett Growth Leaders Fund Class A	2.07%	2.10%	0.00%	0.00%	0.00%	24.88%	9.57%	8.23%	20.27%	6.56%	0.00%	4.89%

Frequently Asked Questions

Can I hold both LGLAX and FOCKX in my portfolio?

With a correlation of 0.91, LGLAX and FOCKX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, LGLAX or FOCKX?

LGLAX has higher volatility (8.13%) compared to FOCKX (6.28%). In terms of maximum drawdown, LGLAX dropped -46.11% vs FOCKX's -53.33%.

Which has better risk-adjusted returns?

FOCKX currently has the higher Sharpe Ratio (1.65 vs 0.26), 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.