LISIX vs. LZFIX
LISIX (Lazard International Strategic Equity Portfolio R6) and LZFIX (Lazard Equity Franchise Portfolio) are both mutual funds - LISIX is a Foreign Large Cap Equities fund managed by Lazard, while LZFIX is a Large Cap Value Equities fund managed by Lazard. Over the past 5 years, LISIX returned 5.52%/yr vs 4.56%/yr for LZFIX. Their 0.70 correlation means they have sometimes moved together and sometimes differently. LISIX charges 0.80%/yr vs 0.99%/yr for LZFIX.
Performance
LISIX vs. LZFIX - Performance Comparison
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Returns By Period
In the year-to-date period, LISIX achieves a 10.82% return, which is significantly higher than LZFIX's 4.44% return.
LISIX
- 1D
- -0.14%
- 1M
- -1.22%
- 6M
- 4.83%
- YTD
- 10.82%
- 1Y
- 17.85%
- 3Y*
- 12.63%
- 5Y*
- 5.52%
- 10Y*
- 7.53%
- ALL TIME*
- 6.64%
LZFIX
- 1D
- -0.66%
- 1M
- 6.21%
- 6M
- 6.97%
- YTD
- 4.44%
- 1Y
- -1.03%
- 3Y*
- 2.84%
- 5Y*
- 4.56%
- 10Y*
- —
- ALL TIME*
- 6.82%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
LISIX vs. LZFIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|---|---|
LISIX Lazard International Strategic Equity Portfolio R6 | 10.82% | 25.70% | -1.42% | 17.08% | -16.89% | 6.07% | 10.58% | 10.73% |
LZFIX Lazard Equity Franchise Portfolio | 4.44% | 4.09% | -3.09% | 18.84% | -5.29% | 22.88% | 1.15% | 9.25% |
Correlation
The correlation between LISIX and LZFIX is 0.31, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.31 |
Correlation (3Y) Balances recent behavior with more history. | 0.55 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.67 |
Correlation (All Time) Calculated using the full available price history since May 14, 2019 | 0.70 |
Over the past year, the correlation between LISIX and LZFIX has dropped to 0.31 - well below their long-term average of 0.70, suggesting their price drivers have been diverging.
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Return for Risk
LISIX vs. LZFIX — Risk / Return Rank
LISIX
LZFIX
LISIX vs. LZFIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lazard International Strategic Equity Portfolio R6 (LISIX) and Lazard Equity Franchise Portfolio (LZFIX). 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.
| LISIX | LZFIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.09 | ||
| Sortino ratioReturn per unit of downside risk | +1.55 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.00 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | 1.43 | -0.05 | +1.48 |
| Martin ratioReturn relative to average drawdown | 5.51 | -0.08 | +5.58 |
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Drawdowns
LISIX vs. LZFIX - Drawdown Comparison
The maximum LISIX drawdown since its inception was -55.70%, which is greater than LZFIX's maximum drawdown of -41.91%. Use the drawdown chart below to compare losses from any high point for LISIX and LZFIX.
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Drawdown Indicators
| LISIX | LZFIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.70% | -41.91% | -13.79% |
Max Drawdown (1Y)Largest decline over 1 year | -12.28% | -19.87% | +7.59% |
Max Drawdown (3Y)Largest decline over 3 years | -16.26% | -21.51% | +5.25% |
Max Drawdown (5Y)Largest decline over 5 years | -32.52% | -21.69% | -10.83% |
Max Drawdown (10Y)Largest decline over 10 years | -36.01% | — | — |
Current DrawdownCurrent decline from peak | -2.74% | -8.06% | +5.32% |
Average DrawdownAverage peak-to-trough decline | -10.42% | -7.15% | -3.27% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.18% | 11.65% | -8.47% |
Volatility
LISIX vs. LZFIX - Volatility Comparison
The current volatility for Lazard International Strategic Equity Portfolio R6 (LISIX) is 5.88%, while Lazard Equity Franchise Portfolio (LZFIX) has a volatility of 7.38%. This indicates that LISIX experiences smaller price fluctuations and is considered to be less risky than LZFIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LISIX | LZFIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.88% | 7.38% | -1.50% |
Volatility (6M)Calculated over the trailing 6-month period | 15.24% | 13.19% | +2.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 16.96% | 16.52% | +0.44% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.91% | 18.09% | -0.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.20% | 21.12% | -3.92% |
LISIX vs. LZFIX - Expense Ratio Comparison
LISIX has a 0.80% expense ratio, which is lower than LZFIX's 0.99% expense ratio.
Dividends
LISIX vs. LZFIX - Dividend Comparison
LISIX's dividend yield for the trailing twelve months is around 25.96%, more than LZFIX's 19.99% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LISIX Lazard International Strategic Equity Portfolio R6 | 25.96% | 28.77% | 13.47% | 1.46% | 1.39% | 8.82% | 1.01% | 1.85% | 9.01% | 1.30% | 1.60% | 1.16% |
LZFIX Lazard Equity Franchise Portfolio | 19.99% | 20.87% | 14.95% | 8.68% | 12.81% | 15.59% | 1.12% | 5.78% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
LISIX and LZFIX have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LZFIX has higher volatility (7.38%) compared to LISIX (5.88%). In terms of maximum drawdown, LISIX dropped -55.70% vs LZFIX's -41.91%.
LISIX currently has the higher Sharpe Ratio (1.04 vs -0.06), 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.
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