Correlation
The correlation between LGRRX and ANEFX is 0.91, 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.
LGRRX vs. ANEFX
Compare and contrast key facts about Loomis Sayles Growth Fund (LGRRX) and American Funds The New Economy Fund (ANEFX).
LGRRX is managed by Natixis Funds. It was launched on Feb 1, 2013. ANEFX is managed by American Funds. It was launched on Nov 30, 1983.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LGRRX or ANEFX.
Performance
LGRRX vs. ANEFX - Performance Comparison
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Key characteristics
LGRRX:
0.90
ANEFX:
0.70
LGRRX:
1.24
ANEFX:
0.93
LGRRX:
1.17
ANEFX:
1.13
LGRRX:
0.86
ANEFX:
0.61
LGRRX:
2.84
ANEFX:
2.15
LGRRX:
7.07%
ANEFX:
5.88%
LGRRX:
25.49%
ANEFX:
22.10%
LGRRX:
-58.26%
ANEFX:
-64.86%
LGRRX:
-4.24%
ANEFX:
-3.77%
Returns By Period
In the year-to-date period, LGRRX achieves a 0.80% return, which is significantly lower than ANEFX's 2.60% return. Over the past 10 years, LGRRX has outperformed ANEFX with an annualized return of 15.49%, while ANEFX has yielded a comparatively lower 10.56% annualized return.
LGRRX
0.80%
8.89%
1.24%
22.12%
23.85%
16.60%
15.49%
ANEFX
2.60%
7.25%
1.23%
15.13%
15.47%
11.44%
10.56%
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LGRRX vs. ANEFX - Expense Ratio Comparison
LGRRX has a 0.92% expense ratio, which is higher than ANEFX's 0.75% expense ratio.
Risk-Adjusted Performance
LGRRX vs. ANEFX — Risk-Adjusted Performance Rank
LGRRX
ANEFX
LGRRX vs. ANEFX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Loomis Sayles Growth Fund (LGRRX) and American Funds The New Economy Fund (ANEFX). 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.
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Dividends
LGRRX vs. ANEFX - Dividend Comparison
LGRRX's dividend yield for the trailing twelve months is around 6.30%, less than ANEFX's 9.35% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LGRRX Loomis Sayles Growth Fund | 6.30% | 6.35% | 6.69% | 18.15% | 5.13% | 4.60% | 2.68% | 5.92% | 2.33% | 1.38% | 0.42% | 0.52% |
ANEFX American Funds The New Economy Fund | 9.35% | 9.59% | 3.96% | 0.00% | 7.55% | 2.47% | 7.34% | 10.00% | 8.28% | 2.24% | 6.16% | 8.77% |
Drawdowns
LGRRX vs. ANEFX - Drawdown Comparison
The maximum LGRRX drawdown since its inception was -58.26%, smaller than the maximum ANEFX drawdown of -64.86%. Use the drawdown chart below to compare losses from any high point for LGRRX and ANEFX.
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Volatility
LGRRX vs. ANEFX - Volatility Comparison
Loomis Sayles Growth Fund (LGRRX) has a higher volatility of 5.95% compared to American Funds The New Economy Fund (ANEFX) at 5.23%. This indicates that LGRRX's price experiences larger fluctuations and is considered to be riskier than ANEFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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