LGLIX vs. JLGMX
Compare and contrast key facts about Lord Abbett Growth Leaders Fund (LGLIX) and JPMorgan Large Cap Growth Fund Class R6 (JLGMX).
LGLIX is managed by Lord Abbett. It was launched on Jun 30, 2011. JLGMX is a passively managed fund by JPMorgan that tracks the performance of the Russell 1000 Growth Index. It was launched on Nov 30, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LGLIX or JLGMX.
Key characteristics
| LGLIX | JLGMX | |
|---|---|---|
| YTD Return | 23.20% | 24.05% |
| 1Y Return | 35.93% | 35.56% |
| 3Y Return (Ann) | 0.02% | 9.22% |
| 5Y Return (Ann) | 15.93% | 20.20% |
| 10Y Return (Ann) | 14.35% | 17.41% |
| Sharpe Ratio | 1.46 | 1.77 |
| Daily Std Dev | 22.64% | 18.68% |
| Max Drawdown | -55.73% | -31.82% |
| Current Drawdown | -25.71% | -3.89% |
Correlation
The correlation between LGLIX and JLGMX is 0.96, 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.
Performance
LGLIX vs. JLGMX - Performance Comparison
The year-to-date returns for both investments are quite close, with LGLIX having a 23.20% return and JLGMX slightly higher at 24.05%. Over the past 10 years, LGLIX has underperformed JLGMX with an annualized return of 14.35%, while JLGMX has yielded a comparatively higher 17.41% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
LGLIX vs. JLGMX - Expense Ratio Comparison
LGLIX has a 0.64% expense ratio, which is higher than JLGMX's 0.44% expense ratio.
Risk-Adjusted Performance
LGLIX vs. JLGMX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Lord Abbett Growth Leaders Fund (LGLIX) and JPMorgan Large Cap Growth Fund Class R6 (JLGMX). 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. JLGMX - Dividend Comparison
LGLIX has not paid dividends to shareholders, while JLGMX's dividend yield for the trailing twelve months is around 0.25%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LGLIX Lord Abbett Growth Leaders Fund | 0.00% | 0.00% | 0.00% | 23.83% | 9.27% | 9.03% | 19.82% | 6.46% | 0.00% | 4.84% | 5.82% | 6.37% |
JLGMX JPMorgan Large Cap Growth Fund Class R6 | 0.25% | 0.31% | 3.49% | 14.25% | 5.14% | 12.65% | 15.59% | 14.44% | 9.71% | 4.43% | 1.77% | 0.09% |
Drawdowns
LGLIX vs. JLGMX - Drawdown Comparison
The maximum LGLIX drawdown since its inception was -55.73%, which is greater than JLGMX's maximum drawdown of -31.82%. Use the drawdown chart below to compare losses from any high point for LGLIX and JLGMX. For additional features, visit the drawdowns tool.
Volatility
LGLIX vs. JLGMX - Volatility Comparison
Lord Abbett Growth Leaders Fund (LGLIX) has a higher volatility of 7.40% compared to JPMorgan Large Cap Growth Fund Class R6 (JLGMX) at 5.87%. This indicates that LGLIX's price experiences larger fluctuations and is considered to be riskier than JLGMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.