LGLIX vs. MGDIX

In the year-to-date period, LGLIX achieves a 45.08% return, which is significantly higher than MGDIX's 12.59% return. Over the past 10 years, LGLIX has outperformed MGDIX with an annualized return of 8.56%, while MGDIX has yielded a comparatively lower 6.93% annualized return.

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LGLIX has a 0.64% expense ratio, which is higher than MGDIX's 0.10% expense ratio.

This table presents a comparison of risk-adjusted performance metrics for Lord Abbett Growth Leaders Fund (LGLIX) and MainStay Growth Allocation Fund (MGDIX). 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.

The current LGLIX Sharpe Ratio is 2.39, which is comparable to the MGDIX Sharpe Ratio of 2.08. The chart below compares the historical Sharpe Ratios of LGLIX and MGDIX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

LGLIX has not paid dividends to shareholders, while MGDIX's dividend yield for the trailing twelve months is around 0.85%.

The maximum LGLIX drawdown since its inception was -55.73%, which is greater than MGDIX's maximum drawdown of -47.96%. Use the drawdown chart below to compare losses from any high point for LGLIX and MGDIX. For additional features, visit the drawdowns tool.

Lord Abbett Growth Leaders Fund (LGLIX) has a higher volatility of 6.62% compared to MainStay Growth Allocation Fund (MGDIX) at 3.01%. This indicates that LGLIX's price experiences larger fluctuations and is considered to be riskier than MGDIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.