LGVAX vs. LSVVX

Last updated Jul 18, 2026

LGVAX (ClearBridge Value Fund Class A) and LSVVX (LSV Conservative Value Equity Fund) are both Large Cap Value Equities funds. Over the past 10 years, LGVAX returned 12.13%/yr vs 10.94%/yr for LSVVX. Their correlation of 0.93 suggests significant overlap in exposure. LGVAX charges 1.01%/yr vs 0.35%/yr for LSVVX.

Performance

LGVAX vs. LSVVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ClearBridge Value Fund Class A (LGVAX) and LSV Conservative Value Equity Fund (LSVVX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LGVAX achieves a 13.44% return, which is significantly lower than LSVVX's 19.11% return. Over the past 10 years, LGVAX has outperformed LSVVX with an annualized return of 12.13%, while LSVVX has yielded a comparatively lower 10.94% annualized return.

LGVAX

• 1D: 0.19%
• 1M: 2.41%
• 6M: 9.10%
• YTD: 13.44%
• 1Y: 21.66%
• 3Y*: 15.49%
• 5Y*: 11.71%
• 10Y*: 12.13%

LSVVX

• 1D: 0.66%
• 1M: 2.94%
• 6M: 16.07%
• YTD: 19.11%
• 1Y: 34.76%
• 3Y*: 16.42%
• 5Y*: 11.34%
• 10Y*: 10.94%

*Multi-year figures are annualized to reflect compound growth (CAGR)

LGVAX vs. LSVVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LGVAX ClearBridge Value Fund Class A	13.44%	10.56%	15.04%	19.69%	-6.33%	27.81%	11.40%	27.04%	-12.93%	14.59%
LSVVX LSV Conservative Value Equity Fund	19.11%	19.63%	3.97%	12.19%	-4.02%	28.57%	-3.46%	25.29%	-11.10%	16.18%

Correlation

The correlation between LGVAX and LSVVX is 0.88, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.88
Correlation (3Y) Calculated over the trailing 3-year period	0.88
Correlation (5Y) Calculated over the trailing 5-year period	0.91
Correlation (10Y) Calculated over the trailing 10-year period	0.91
Correlation (All Time) Calculated using the full available price history since Feb 2, 2009	0.93

The correlation between LGVAX and LSVVX has been stable across timeframes, ranging from 0.88 to 0.93 - a consistent structural relationship.

Return for Risk

LGVAX vs. LSVVX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

LGVAX

LGVAX Risk / Return Rank: 67
LGVAX Sharpe Ratio Rank: 62
LGVAX Sortino Ratio Rank: 60
LGVAX Omega Ratio Rank: 60
LGVAX Calmar Ratio Rank: 77
LGVAX Martin Ratio Rank: 74

LSVVX

LSVVX Risk / Return Rank: 96
LSVVX Sharpe Ratio Rank: 98
LSVVX Sortino Ratio Rank: 95
LSVVX Omega Ratio Rank: 90
LSVVX Calmar Ratio Rank: 97
LSVVX Martin Ratio Rank: 97

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

LGVAX vs. LSVVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ClearBridge Value Fund Class A (LGVAX) and LSV Conservative Value Equity Fund (LSVVX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	LGVAX	LSVVX	Difference
Sharpe ratio: Return per unit of total volatility	1.80	3.20	-1.40
Sortino ratio: Return per unit of downside risk	2.50	4.55	-2.05
Omega ratio: Gain probability vs. loss probability	1.33	1.58	-0.26
Calmar ratio: Return relative to maximum drawdown	2.87	5.71	-2.84
Martin ratio: Return relative to average drawdown	10.87	21.75	-10.88

LGVAX vs. LSVVX - Sharpe Ratio Comparison

The current LGVAX Sharpe Ratio is 1.80, which is lower than the LSVVX Sharpe Ratio of 3.20. The chart below compares the historical Sharpe Ratios of LGVAX and LSVVX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

LGVAX vs. LSVVX - Drawdown Comparison

The maximum LGVAX drawdown since its inception was -40.40%, smaller than the maximum LSVVX drawdown of -61.62%. Use the drawdown chart below to compare losses from any high point for LGVAX and LSVVX.

Drawdown Indicators

	LGVAX	LSVVX	Difference
Max Drawdown Largest peak-to-trough decline	-40.40%	-61.62%	+21.22%
Max Drawdown (1Y) Largest decline over 1 year	-7.81%	-6.23%	-1.58%
Max Drawdown (3Y) Largest decline over 3 years	-19.09%	-24.61%	+5.52%
Max Drawdown (5Y) Largest decline over 5 years	-20.41%	-24.61%	+4.20%
Max Drawdown (10Y) Largest decline over 10 years	-40.40%	-40.61%	+0.21%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-5.18%	-12.12%	+6.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.06%	1.63%	+0.43%

Volatility

LGVAX vs. LSVVX - Volatility Comparison

ClearBridge Value Fund Class A (LGVAX) has a higher volatility of 2.86% compared to LSV Conservative Value Equity Fund (LSVVX) at 2.39%. This indicates that LGVAX's price experiences larger fluctuations and is considered to be riskier than LSVVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LGVAX	LSVVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.86%	2.39%	+0.47%
Volatility (6M) Calculated over the trailing 6-month period	9.37%	8.18%	+1.19%
Volatility (1Y) Calculated over the trailing 1-year period	12.50%	11.14%	+1.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.63%	15.87%	+1.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.13%	18.41%	+0.72%

LGVAX vs. LSVVX - Expense Ratio Comparison

LGVAX has a 1.01% expense ratio, which is higher than LSVVX's 0.35% expense ratio.

Dividends

LGVAX vs. LSVVX - Dividend Comparison

LGVAX's dividend yield for the trailing twelve months is around 9.49%, less than LSVVX's 11.49% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LGVAX ClearBridge Value Fund Class A	9.49%	10.76%	10.83%	12.64%	8.49%	18.44%	6.01%	0.54%	1.86%	0.50%	0.93%	0.39%
LSVVX LSV Conservative Value Equity Fund	11.49%	13.69%	2.45%	6.57%	5.41%	3.67%	2.40%	21.48%	3.91%	1.98%	2.37%	2.38%

Frequently Asked Questions

Can I hold both LGVAX and LSVVX in my portfolio?

LGVAX and LSVVX have a correlation of 0.88, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LGVAX or LSVVX?

LGVAX has higher volatility (2.86%) compared to LSVVX (2.39%). In terms of maximum drawdown, LGVAX dropped -40.40% vs LSVVX's -61.62%.

Which has better risk-adjusted returns?

LSVVX currently has the higher Sharpe Ratio (3.20 vs 1.80), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.