LLGLX vs. SGSCX

Last updated Jun 4, 2026

LLGLX (Longleaf Partners Global Fund) and SGSCX (DWS Global Small Cap Fund) are both Global Equities funds. Over the past 10 years, LLGLX returned 7.36%/yr vs 8.39%/yr for SGSCX. A 0.79 correlation means they provide meaningful diversification when combined. LLGLX charges 1.15%/yr vs 1.12%/yr for SGSCX.

Performance

LLGLX vs. SGSCX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Longleaf Partners Global Fund (LLGLX) and DWS Global Small Cap Fund (SGSCX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LLGLX achieves a -0.21% return, which is significantly lower than SGSCX's 20.12% return. Over the past 10 years, LLGLX has underperformed SGSCX with an annualized return of 7.36%, while SGSCX has yielded a comparatively higher 8.39% annualized return.

LLGLX

• 1D: -0.50%
• 1M: 1.53%
• YTD: -0.21%
• 6M: 0.73%
• 1Y: 11.75%
• 3Y*: 11.59%
• 5Y*: 1.88%
• 10Y*: 7.36%

SGSCX

• 1D: 1.02%
• 1M: 2.86%
• YTD: 20.12%
• 6M: 22.38%
• 1Y: 42.99%
• 3Y*: 21.01%
• 5Y*: 7.90%
• 10Y*: 8.39%

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

LLGLX vs. SGSCX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LLGLX Longleaf Partners Global Fund	-0.21%	16.68%	10.54%	22.48%	-24.14%	8.09%	3.60%	22.46%	-16.14%	26.34%
SGSCX DWS Global Small Cap Fund	20.12%	20.22%	5.35%	24.62%	-24.63%	15.10%	16.98%	22.29%	-21.96%	19.80%

Correlation

The correlation between LLGLX and SGSCX is 0.65, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.65
Correlation (3Y) Calculated over the trailing 3-year period	0.75
Correlation (5Y) Calculated over the trailing 5-year period	0.82
Correlation (10Y) Calculated over the trailing 10-year period	0.80
Correlation (All Time) Calculated using the full available price history since Jan 3, 2013	0.79

The correlation between LLGLX and SGSCX shifts across timeframes, from 0.65 (1 year) to 0.82 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

LLGLX vs. SGSCX — Risk / Return Rank

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

LLGLX

LLGLX Risk / Return Rank: 9
LLGLX Sharpe Ratio Rank: 10
LLGLX Sortino Ratio Rank: 11
LLGLX Omega Ratio Rank: 10
LLGLX Calmar Ratio Rank: 9
LLGLX Martin Ratio Rank: 8

SGSCX

SGSCX Risk / Return Rank: 85
SGSCX Sharpe Ratio Rank: 88
SGSCX Sortino Ratio Rank: 84
SGSCX Omega Ratio Rank: 75
SGSCX Calmar Ratio Rank: 90
SGSCX Martin Ratio Rank: 89

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.

LLGLX vs. SGSCX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Longleaf Partners Global Fund (LLGLX) and DWS Global Small Cap Fund (SGSCX). 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.

	LLGLX	SGSCX	Difference
Sharpe ratio: Return per unit of total volatility	0.81	2.88	-2.07
Sortino ratio: Return per unit of downside risk	1.26	3.96	-2.70
Omega ratio: Gain probability vs. loss probability	1.14	1.49	-0.35
Calmar ratio: Return relative to maximum drawdown	0.87	4.62	-3.76
Martin ratio: Return relative to average drawdown	2.30	17.61	-15.31
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LLGLX vs. SGSCX - Sharpe Ratio Comparison

The current LLGLX Sharpe Ratio is 0.81, which is lower than the SGSCX Sharpe Ratio of 2.88. The chart below compares the historical Sharpe Ratios of LLGLX and SGSCX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	LLGLX	SGSCX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.81	2.88	-2.07
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.10	0.42	-0.32
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.39	0.43	-0.04
Sharpe Ratio (All Time) Calculated using the full available price history	0.33	0.49	-0.16

Drawdowns

LLGLX vs. SGSCX - Drawdown Comparison

The maximum LLGLX drawdown since its inception was -40.46%, smaller than the maximum SGSCX drawdown of -62.26%. Use the drawdown chart below to compare losses from any high point for LLGLX and SGSCX.

Drawdown Indicators

	LLGLX	SGSCX	Difference
Max Drawdown Largest peak-to-trough decline	-40.46%	-62.26%	+21.80%
Max Drawdown (1Y) Largest decline over 1 year	-13.45%	-9.54%	-3.91%
Max Drawdown (3Y) Largest decline over 3 years	-19.94%	-22.37%	+2.43%
Max Drawdown (5Y) Largest decline over 5 years	-38.26%	-33.72%	-4.54%
Max Drawdown (10Y) Largest decline over 10 years	-40.46%	-45.98%	+5.52%
Current Drawdown Current decline from peak	-7.42%	-1.40%	-6.02%
Average Drawdown Average peak-to-trough decline	-10.86%	-14.12%	+3.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.05%	2.50%	+2.55%

Volatility

LLGLX vs. SGSCX - Volatility Comparison

The current volatility for Longleaf Partners Global Fund (LLGLX) is 3.16%, while DWS Global Small Cap Fund (SGSCX) has a volatility of 5.04%. This indicates that LLGLX experiences smaller price fluctuations and is considered to be less risky than SGSCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LLGLX	SGSCX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.16%	5.04%	-1.88%
Volatility (6M) Calculated over the trailing 6-month period	9.55%	11.55%	-2.00%
Volatility (1Y) Calculated over the trailing 1-year period	14.37%	15.31%	-0.94%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.48%	18.88%	-0.40%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.94%	19.53%	-0.59%

LLGLX vs. SGSCX - Expense Ratio Comparison

LLGLX has a 1.15% expense ratio, which is higher than SGSCX's 1.12% expense ratio.

Dividends

LLGLX vs. SGSCX - Dividend Comparison

LLGLX's dividend yield for the trailing twelve months is around 9.59%, more than SGSCX's 8.63% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LLGLX Longleaf Partners Global Fund	9.59%	9.57%	3.16%	0.14%	0.90%	7.15%	2.99%	4.31%	12.38%	1.09%	0.49%	0.24%
SGSCX DWS Global Small Cap Fund	8.63%	10.37%	6.35%	5.12%	5.42%	16.72%	0.36%	0.29%	18.31%	11.13%	7.52%	6.04%

Frequently Asked Questions

Can I hold both LLGLX and SGSCX in my portfolio?

LLGLX and SGSCX have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LLGLX or SGSCX?

SGSCX has higher volatility (5.04%) compared to LLGLX (3.16%). In terms of maximum drawdown, LLGLX dropped -40.46% vs SGSCX's -62.26%.

Which has better risk-adjusted returns?

SGSCX currently has the higher Sharpe Ratio (2.88 vs 0.81), 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.