LGLIX vs. PJFAX
Compare and contrast key facts about Lord Abbett Growth Leaders Fund (LGLIX) and PGIM Jennison Growth Fund (PJFAX).
LGLIX is managed by Lord Abbett. It was launched on Jun 30, 2011. PJFAX is managed by PGIM Investments. It was launched on Nov 2, 1995.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LGLIX or PJFAX.
Correlation
The correlation between LGLIX and PJFAX 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. PJFAX - Performance Comparison
Key characteristics
LGLIX:
2.26
PJFAX:
0.99
LGLIX:
2.91
PJFAX:
1.33
LGLIX:
1.39
PJFAX:
1.21
LGLIX:
1.22
PJFAX:
0.65
LGLIX:
12.98
PJFAX:
4.68
LGLIX:
3.95%
PJFAX:
4.52%
LGLIX:
22.72%
PJFAX:
21.31%
LGLIX:
-55.73%
PJFAX:
-67.83%
LGLIX:
-8.83%
PJFAX:
-15.77%
Returns By Period
In the year-to-date period, LGLIX achieves a 51.18% return, which is significantly higher than PJFAX's 20.80% return. Over the past 10 years, LGLIX has outperformed PJFAX with an annualized return of 8.80%, while PJFAX has yielded a comparatively lower 7.85% annualized return.
LGLIX
51.18%
3.06%
21.36%
51.27%
11.97%
8.80%
PJFAX
20.80%
-6.25%
-0.05%
21.18%
8.20%
7.85%
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LGLIX vs. PJFAX - Expense Ratio Comparison
LGLIX has a 0.64% expense ratio, which is lower than PJFAX's 0.97% expense ratio.
Risk-Adjusted Performance
LGLIX vs. PJFAX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Lord Abbett Growth Leaders Fund (LGLIX) and PGIM Jennison Growth Fund (PJFAX). 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. PJFAX - Dividend Comparison
Neither LGLIX nor PJFAX has paid dividends to shareholders.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | |
---|---|---|---|---|---|---|
Lord Abbett Growth Leaders Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 1.02% |
PGIM Jennison Growth Fund | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
LGLIX vs. PJFAX - Drawdown Comparison
The maximum LGLIX drawdown since its inception was -55.73%, smaller than the maximum PJFAX drawdown of -67.83%. Use the drawdown chart below to compare losses from any high point for LGLIX and PJFAX. For additional features, visit the drawdowns tool.
Volatility
LGLIX vs. PJFAX - Volatility Comparison
The current volatility for Lord Abbett Growth Leaders Fund (LGLIX) is 7.07%, while PGIM Jennison Growth Fund (PJFAX) has a volatility of 11.79%. This indicates that LGLIX experiences smaller price fluctuations and is considered to be less risky than PJFAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.