LISIX vs. MGGIX
Compare and contrast key facts about Lazard International Strategic Equity Portfolio R6 (LISIX) and Morgan Stanley Institutional Fund, Inc. Global Opportunity Portfolio (MGGIX).
LISIX is managed by Lazard. It was launched on Oct 31, 2005. MGGIX is managed by T. Rowe Price. It was launched on May 29, 2008.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LISIX or MGGIX.
Key characteristics
| LISIX | MGGIX | |
|---|---|---|
| YTD Return | 0.61% | 29.89% |
| 1Y Return | 8.61% | 37.01% |
| 3Y Return (Ann) | -3.08% | -7.44% |
| 5Y Return (Ann) | 2.78% | 6.86% |
| 10Y Return (Ann) | 2.48% | 10.01% |
| Sharpe Ratio | 0.84 | 2.47 |
| Sortino Ratio | 1.25 | 3.31 |
| Omega Ratio | 1.15 | 1.43 |
| Calmar Ratio | 0.60 | 0.94 |
| Martin Ratio | 3.71 | 16.07 |
| Ulcer Index | 2.96% | 2.53% |
| Daily Std Dev | 13.07% | 16.48% |
| Max Drawdown | -58.85% | -59.75% |
| Current Drawdown | -11.27% | -22.00% |
Correlation
The correlation between LISIX and MGGIX is 0.74, 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
LISIX vs. MGGIX - Performance Comparison
In the year-to-date period, LISIX achieves a 0.61% return, which is significantly lower than MGGIX's 29.89% return. Over the past 10 years, LISIX has underperformed MGGIX with an annualized return of 2.48%, while MGGIX has yielded a comparatively higher 10.01% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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LISIX vs. MGGIX - Expense Ratio Comparison
LISIX has a 0.80% expense ratio, which is lower than MGGIX's 0.95% expense ratio.
Risk-Adjusted Performance
LISIX vs. MGGIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Lazard International Strategic Equity Portfolio R6 (LISIX) and Morgan Stanley Institutional Fund, Inc. Global Opportunity Portfolio (MGGIX). 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
LISIX vs. MGGIX - Dividend Comparison
LISIX's dividend yield for the trailing twelve months is around 1.52%, while MGGIX has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LISIX Lazard International Strategic Equity Portfolio R6 | 1.52% | 1.46% | 1.39% | 5.71% | 1.01% | 1.85% | 1.60% | 1.30% | 1.60% | 1.06% | 1.13% | 0.67% |
MGGIX Morgan Stanley Institutional Fund, Inc. Global Opportunity Portfolio | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
LISIX vs. MGGIX - Drawdown Comparison
The maximum LISIX drawdown since its inception was -58.85%, roughly equal to the maximum MGGIX drawdown of -59.75%. Use the drawdown chart below to compare losses from any high point for LISIX and MGGIX. For additional features, visit the drawdowns tool.
Volatility
LISIX vs. MGGIX - Volatility Comparison
Lazard International Strategic Equity Portfolio R6 (LISIX) and Morgan Stanley Institutional Fund, Inc. Global Opportunity Portfolio (MGGIX) have volatilities of 3.56% and 3.70%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.