LMISX vs. LMVTX

Last updated Aug 1, 2026

LMISX (Franklin U.S. Large Cap Equity Fund) and LMVTX (ClearBridge Value Trust) are both mutual funds - LMISX is a Large Cap Blend Equities fund managed by Legg Mason, while LMVTX is a Large Cap Value Equities fund managed by Legg Mason. Over the past 10 years, LMISX returned 14.93%/yr vs 11.29%/yr for LMVTX. Their correlation of 0.90 means they have usually moved in the same direction. LMISX charges 0.70%/yr vs 1.74%/yr for LMVTX.

Performance

LMISX vs. LMVTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Franklin U.S. Large Cap Equity Fund (LMISX) and ClearBridge Value Trust (LMVTX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LMISX achieves a 10.96% return, which is significantly lower than LMVTX's 13.23% return. Over the past 10 years, LMISX has outperformed LMVTX with an annualized return of 14.93%, while LMVTX has yielded a comparatively lower 11.29% annualized return.

LMISX

• 1D: 1.32%
• 1M: 0.74%
• 6M: 9.97%
• YTD: 10.96%
• 1Y: 25.20%
• 3Y*: 21.63%
• 5Y*: 13.39%
• 10Y*: 14.93%
• ALL TIME*: 11.17%

LMVTX

• 1D: 0.20%
• 1M: 1.11%
• 6M: 7.89%
• YTD: 13.23%
• 1Y: 24.87%
• 3Y*: 13.69%
• 5Y*: 10.60%
• 10Y*: 11.29%
• ALL TIME*: 10.86%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
LMISX Franklin U.S. Large Cap Equity Fund	$0.00	$0.00	$0.00
LMVTX ClearBridge Value Trust	$0.00	$0.00	$0.00

LMISX vs. LMVTX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LMISX Franklin U.S. Large Cap Equity Fund	10.96%	18.05%	29.58%	27.88%	-20.61%	31.69%	17.20%	25.95%	-7.57%	23.50%
LMVTX ClearBridge Value Trust	13.23%	9.80%	14.22%	18.80%	-7.00%	26.93%	10.63%	26.25%	-13.50%	13.76%

Correlation

The correlation between LMISX and LMVTX is 0.78, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.78
Correlation (3Y) Balances recent behavior with more history.	0.80
Correlation (5Y) Shows whether the relationship held over a longer period.	0.85
Correlation (10Y) Provides a long-term view across more market conditions.	0.86
Correlation (All Time) Calculated using the full available price history since Apr 30, 2008	0.90

The correlation between LMISX and LMVTX shifts across timeframes, from 0.78 (1 year) to 0.90 (all time), reflecting how their relationship changes across market environments.

Return for Risk

LMISX vs. LMVTX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

LMISX

LMISX Risk / Return Rank: 78
LMISX Sharpe Ratio Rank: 77
LMISX Sortino Ratio Rank: 74
LMISX Omega Ratio Rank: 72
LMISX Calmar Ratio Rank: 81
LMISX Martin Ratio Rank: 89

LMVTX

LMVTX Risk / Return Rank: 79
LMVTX Sharpe Ratio Rank: 76
LMVTX Sortino Ratio Rank: 73
LMVTX Omega Ratio Rank: 74
LMVTX Calmar Ratio Rank: 83
LMVTX Martin Ratio Rank: 87

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

LMISX vs. LMVTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Franklin U.S. Large Cap Equity Fund (LMISX) and ClearBridge Value Trust (LMVTX). 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.

	LMISX	LMVTX	Difference
Sharpe ratio: Return per unit of total volatility	1.81	1.80	+0.01
Sortino ratio: Return per unit of downside risk	2.51	2.50	+0.01
Omega ratio: Gain probability vs. loss probability	1.31	1.33	-0.01
Calmar ratio: Return relative to maximum drawdown	2.68	2.83	-0.16
Martin ratio: Return relative to average drawdown	11.87	11.30	+0.57

LMISX vs. LMVTX - Sharpe Ratio Comparison

The current LMISX Sharpe Ratio is 1.81, which is comparable to the LMVTX Sharpe Ratio of 1.80. The chart below compares the historical Sharpe Ratios of LMISX and LMVTX, 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

LMISX vs. LMVTX - Drawdown Comparison

The maximum LMISX drawdown since its inception was -50.34%, smaller than the maximum LMVTX drawdown of -72.54%. Use the drawdown chart below to compare losses from any high point for LMISX and LMVTX.

Drawdown Indicators

	LMISX	LMVTX	Difference
Max Drawdown Largest peak-to-trough decline	-50.34%	-72.54%	+22.20%
Max Drawdown (1Y) Largest decline over 1 year	-8.69%	-7.87%	-0.82%
Max Drawdown (3Y) Largest decline over 3 years	-20.22%	-19.28%	-0.94%
Max Drawdown (5Y) Largest decline over 5 years	-26.11%	-20.79%	-5.32%
Max Drawdown (10Y) Largest decline over 10 years	-35.27%	-40.47%	+5.20%
Current Drawdown Current decline from peak	-1.06%	-0.33%	-0.73%
Average Drawdown Average peak-to-trough decline	-7.56%	-11.92%	+4.36%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.96%	1.97%	-0.01%

Volatility

LMISX vs. LMVTX - Volatility Comparison

Franklin U.S. Large Cap Equity Fund (LMISX) has a higher volatility of 3.37% compared to ClearBridge Value Trust (LMVTX) at 2.11%. This indicates that LMISX's price experiences larger fluctuations and is considered to be riskier than LMVTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LMISX	LMVTX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.37%	2.11%	+1.26%
Volatility (6M) Calculated over the trailing 6-month period	10.02%	9.19%	+0.83%
Volatility (1Y) Calculated over the trailing 1-year period	12.88%	12.43%	+0.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.76%	17.53%	+0.23%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.77%	19.11%	-0.34%

LMISX vs. LMVTX - Expense Ratio Comparison

LMISX has a 0.70% expense ratio, which is lower than LMVTX's 1.74% expense ratio.

Dividends

LMISX vs. LMVTX - Dividend Comparison

LMISX's dividend yield for the trailing twelve months is around 5.31%, less than LMVTX's 9.13% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LMISX Franklin U.S. Large Cap Equity Fund	5.31%	4.11%	3.97%	7.68%	0.95%	25.55%	3.53%	8.42%	17.16%	6.53%	1.42%	6.23%
LMVTX ClearBridge Value Trust	9.13%	10.33%	10.32%	12.03%	7.85%	18.06%	5.41%	0.00%	1.34%	0.00%	0.10%	0.00%

Frequently Asked Questions

Can I hold both LMISX and LMVTX in my portfolio?

LMISX and LMVTX have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LMISX or LMVTX?

LMISX has higher volatility (3.37%) compared to LMVTX (2.11%). In terms of maximum drawdown, LMISX dropped -50.34% vs LMVTX's -72.54%.

Which has better risk-adjusted returns?

LMISX currently has the higher Sharpe Ratio (1.81 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.