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.
Correlation
The correlation between LGLIX and JLGMX is 0.95, 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
Key characteristics
LGLIX:
2.26
JLGMX:
2.04
LGLIX:
2.91
JLGMX:
2.69
LGLIX:
1.39
JLGMX:
1.37
LGLIX:
1.22
JLGMX:
2.00
LGLIX:
12.98
JLGMX:
10.85
LGLIX:
3.95%
JLGMX:
3.48%
LGLIX:
22.72%
JLGMX:
18.47%
LGLIX:
-55.73%
JLGMX:
-39.64%
LGLIX:
-8.83%
JLGMX:
-1.39%
Returns By Period
In the year-to-date period, LGLIX achieves a 51.18% return, which is significantly higher than JLGMX's 37.44% return. Over the past 10 years, LGLIX has underperformed JLGMX with an annualized return of 8.80%, while JLGMX has yielded a comparatively higher 9.57% annualized return.
LGLIX
51.18%
3.06%
21.36%
51.27%
11.97%
8.80%
JLGMX
37.44%
2.83%
10.33%
37.76%
15.69%
9.57%
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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
Neither LGLIX nor JLGMX has paid dividends to shareholders.
| 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% |
JLGMX JPMorgan Large Cap Growth Fund Class R6 | 0.00% | 0.31% | 0.61% | 0.00% | 0.12% | 0.26% | 0.08% | 0.00% | 0.00% | 0.00% | 0.00% | 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 -39.64%. 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 7.07% compared to JPMorgan Large Cap Growth Fund Class R6 (JLGMX) at 5.48%. 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.