LGLIX vs. GFFFX
Compare and contrast key facts about Lord Abbett Growth Leaders Fund (LGLIX) and American Funds The Growth Fund of America (GFFFX).
LGLIX is managed by Lord Abbett. It was launched on Jun 30, 2011. GFFFX is managed by American Funds. It was launched on Dec 1, 1973.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LGLIX or GFFFX.
Performance
LGLIX vs. GFFFX - Performance Comparison
Returns By Period
In the year-to-date period, LGLIX achieves a 41.38% return, which is significantly higher than GFFFX's 27.35% return. Over the past 10 years, LGLIX has underperformed GFFFX with an annualized return of 8.28%, while GFFFX has yielded a comparatively higher 13.91% annualized return.
LGLIX
41.38%
6.04%
19.87%
48.85%
9.67%
8.28%
GFFFX
27.35%
1.15%
11.82%
37.29%
16.01%
13.91%
Key characteristics
| LGLIX | GFFFX | |
|---|---|---|
| Sharpe Ratio | 2.24 | 2.51 |
| Sortino Ratio | 2.93 | 3.30 |
| Omega Ratio | 1.39 | 1.45 |
| Calmar Ratio | 1.14 | 2.51 |
| Martin Ratio | 12.55 | 16.25 |
| Ulcer Index | 3.91% | 2.33% |
| Daily Std Dev | 21.96% | 15.09% |
| Max Drawdown | -55.73% | -44.33% |
| Current Drawdown | -14.75% | -2.58% |
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LGLIX vs. GFFFX - Expense Ratio Comparison
LGLIX has a 0.64% expense ratio, which is higher than GFFFX's 0.40% expense ratio.
Correlation
The correlation between LGLIX and GFFFX is 0.91, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Risk-Adjusted Performance
LGLIX vs. GFFFX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Lord Abbett Growth Leaders Fund (LGLIX) and American Funds The Growth Fund of America (GFFFX). 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.
Dividends
LGLIX vs. GFFFX - Dividend Comparison
LGLIX has not paid dividends to shareholders, while GFFFX's dividend yield for the trailing twelve months is around 0.63%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LGLIX Lord Abbett Growth Leaders Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.02% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
GFFFX American Funds The Growth Fund of America | 0.63% | 0.80% | 0.59% | 0.30% | 0.44% | 0.96% | 0.99% | 0.72% | 0.84% | 0.90% | 10.90% | 7.53% |
Drawdowns
LGLIX vs. GFFFX - Drawdown Comparison
The maximum LGLIX drawdown since its inception was -55.73%, which is greater than GFFFX's maximum drawdown of -44.33%. Use the drawdown chart below to compare losses from any high point for LGLIX and GFFFX. For additional features, visit the drawdowns tool.
Volatility
LGLIX vs. GFFFX - Volatility Comparison
Lord Abbett Growth Leaders Fund (LGLIX) has a higher volatility of 6.21% compared to American Funds The Growth Fund of America (GFFFX) at 4.77%. This indicates that LGLIX's price experiences larger fluctuations and is considered to be riskier than GFFFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.