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LGLIX vs. PJFAX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

LGLIX vs. PJFAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Lord Abbett Growth Leaders Fund (LGLIX) and PGIM Jennison Growth Fund (PJFAX). The values are adjusted to include any dividend payments, if applicable.

-10.00%-5.00%0.00%5.00%10.00%15.00%20.00%25.00%JuneJulyAugustSeptemberOctoberNovember
24.78%
12.34%
LGLIX
PJFAX

Returns By Period

In the year-to-date period, LGLIX achieves a 46.80% return, which is significantly higher than PJFAX's 28.33% return. Over the past 10 years, LGLIX has outperformed PJFAX with an annualized return of 8.58%, while PJFAX has yielded a comparatively lower 7.90% annualized return.


LGLIX

YTD

46.80%

1M

9.73%

6M

24.78%

1Y

52.36%

5Y (annualized)

12.43%

10Y (annualized)

8.58%

PJFAX

YTD

28.33%

1M

2.21%

6M

12.34%

1Y

25.05%

5Y (annualized)

8.91%

10Y (annualized)

7.90%

Key characteristics


LGLIXPJFAX
Sharpe Ratio2.401.31
Sortino Ratio3.111.77
Omega Ratio1.421.25
Calmar Ratio1.240.78
Martin Ratio13.556.45
Ulcer Index3.91%3.97%
Daily Std Dev22.03%19.51%
Max Drawdown-55.73%-67.83%
Current Drawdown-11.47%-10.52%

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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.


PJFAX
PGIM Jennison Growth Fund
Expense ratio chart for PJFAX: current value at 0.97% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.97%
Expense ratio chart for LGLIX: current value at 0.64% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.64%

Correlation

-0.50.00.51.00.9

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.

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.


Sharpe ratio
The chart of Sharpe ratio for LGLIX, currently valued at 2.40, compared to the broader market-1.000.001.002.003.004.005.002.401.31
The chart of Sortino ratio for LGLIX, currently valued at 3.11, compared to the broader market0.005.0010.003.111.77
The chart of Omega ratio for LGLIX, currently valued at 1.42, compared to the broader market1.002.003.004.001.421.25
The chart of Calmar ratio for LGLIX, currently valued at 1.24, compared to the broader market0.005.0010.0015.0020.001.240.78
The chart of Martin ratio for LGLIX, currently valued at 13.55, compared to the broader market0.0020.0040.0060.0080.00100.0013.556.45
LGLIX
PJFAX

The current LGLIX Sharpe Ratio is 2.40, which is higher than the PJFAX Sharpe Ratio of 1.31. The chart below compares the historical Sharpe Ratios of LGLIX and PJFAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio0.501.001.502.002.503.00JuneJulyAugustSeptemberOctoberNovember
2.40
1.31
LGLIX
PJFAX

Dividends

LGLIX vs. PJFAX - Dividend Comparison

Neither LGLIX nor PJFAX has paid dividends to shareholders.


TTM20232022202120202019
LGLIX
Lord Abbett Growth Leaders Fund
0.00%0.00%0.00%0.00%0.00%1.02%
PJFAX
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.


-35.00%-30.00%-25.00%-20.00%-15.00%-10.00%JuneJulyAugustSeptemberOctoberNovember
-11.47%
-10.52%
LGLIX
PJFAX

Volatility

LGLIX vs. PJFAX - Volatility Comparison

Lord Abbett Growth Leaders Fund (LGLIX) has a higher volatility of 6.33% compared to PGIM Jennison Growth Fund (PJFAX) at 5.18%. This indicates that LGLIX's price experiences larger fluctuations and is considered to be riskier than PJFAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%10.00%12.00%JuneJulyAugustSeptemberOctoberNovember
6.33%
5.18%
LGLIX
PJFAX