LMVYX vs. AVALX

Last updated Jun 23, 2026

LMVYX (Lord Abbett Focused Small Cap Value Fund) and AVALX (Aegis Value Fund) are both Small Cap Value Equities funds. Over the past 10 years, LMVYX returned 9.35%/yr vs 19.81%/yr for AVALX. A 0.67 correlation means they provide meaningful diversification when combined. LMVYX charges 0.97%/yr vs 1.50%/yr for AVALX.

Performance

LMVYX vs. AVALX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Lord Abbett Focused Small Cap Value Fund (LMVYX) and Aegis Value Fund (AVALX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LMVYX achieves a 16.63% return, which is significantly higher than AVALX's 14.52% return. Over the past 10 years, LMVYX has underperformed AVALX with an annualized return of 9.35%, while AVALX has yielded a comparatively higher 19.81% annualized return.

LMVYX

• 1D: 1.75%
• 1M: 4.21%
• YTD: 16.63%
• 6M: 14.61%
• 1Y: 29.12%
• 3Y*: 11.86%
• 5Y*: 5.60%
• 10Y*: 9.35%

AVALX

• 1D: -1.08%
• 1M: -4.84%
• YTD: 14.52%
• 6M: 14.42%
• 1Y: 48.95%
• 3Y*: 30.71%
• 5Y*: 21.59%
• 10Y*: 19.81%

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

LMVYX vs. AVALX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LMVYX Lord Abbett Focused Small Cap Value Fund	16.63%	0.23%	10.43%	13.83%	-15.05%	27.60%	8.57%	20.63%	-9.57%	7.73%
AVALX Aegis Value Fund	14.52%	67.06%	8.29%	13.11%	10.50%	37.67%	18.89%	25.67%	-16.95%	17.37%

Correlation

The correlation between LMVYX and AVALX is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.40
Correlation (3Y) Calculated over the trailing 3-year period	0.49
Correlation (5Y) Calculated over the trailing 5-year period	0.58
Correlation (10Y) Calculated over the trailing 10-year period	0.57
Correlation (All Time) Calculated using the full available price history since Jul 9, 1999	0.67

Over the past year, the correlation between LMVYX and AVALX has dropped to 0.40 - well below their long-term average of 0.67, suggesting their price drivers have been diverging.

Return for Risk

LMVYX vs. AVALX — Risk / Return Rank

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

LMVYX

LMVYX Risk / Return Rank: 38
LMVYX Sharpe Ratio Rank: 36
LMVYX Sortino Ratio Rank: 38
LMVYX Omega Ratio Rank: 34
LMVYX Calmar Ratio Rank: 47
LMVYX Martin Ratio Rank: 36

AVALX

AVALX Risk / Return Rank: 87
AVALX Sharpe Ratio Rank: 89
AVALX Sortino Ratio Rank: 77
AVALX Omega Ratio Rank: 78
AVALX Calmar Ratio Rank: 96
AVALX Martin Ratio Rank: 94

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.

LMVYX vs. AVALX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lord Abbett Focused Small Cap Value Fund (LMVYX) and Aegis Value Fund (AVALX). 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.

	LMVYX	AVALX	Difference
Sharpe ratio: Return per unit of total volatility	1.62	2.71	-1.09
Sortino ratio: Return per unit of downside risk	2.41	3.35	-0.94
Omega ratio: Gain probability vs. loss probability	1.29	1.46	-0.17
Calmar ratio: Return relative to maximum drawdown	2.51	5.66	-3.15
Martin ratio: Return relative to average drawdown	7.59	19.05	-11.47

LMVYX vs. AVALX - Sharpe Ratio Comparison

The current LMVYX Sharpe Ratio is 1.62, which is lower than the AVALX Sharpe Ratio of 2.71. The chart below compares the historical Sharpe Ratios of LMVYX and AVALX, 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

LMVYX vs. AVALX - Drawdown Comparison

The maximum LMVYX drawdown since its inception was -59.70%, smaller than the maximum AVALX drawdown of -73.72%. Use the drawdown chart below to compare losses from any high point for LMVYX and AVALX.

Drawdown Indicators

	LMVYX	AVALX	Difference
Max Drawdown Largest peak-to-trough decline	-59.70%	-73.72%	+14.02%
Max Drawdown (1Y) Largest decline over 1 year	-11.85%	-8.32%	-3.53%
Max Drawdown (3Y) Largest decline over 3 years	-28.97%	-13.59%	-15.38%
Max Drawdown (5Y) Largest decline over 5 years	-28.97%	-32.00%	+3.03%
Max Drawdown (10Y) Largest decline over 10 years	-53.61%	-48.34%	-5.27%
Current Drawdown Current decline from peak	0.00%	-6.67%	+6.67%
Average Drawdown Average peak-to-trough decline	-9.09%	-10.94%	+1.85%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.91%	2.50%	+1.41%

Volatility

LMVYX vs. AVALX - Volatility Comparison

Lord Abbett Focused Small Cap Value Fund (LMVYX) and Aegis Value Fund (AVALX) have volatilities of 5.51% and 5.49%, 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.

Volatility by Period

	LMVYX	AVALX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.51%	5.49%	+0.02%
Volatility (6M) Calculated over the trailing 6-month period	12.73%	13.30%	-0.57%
Volatility (1Y) Calculated over the trailing 1-year period	18.34%	17.44%	+0.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.13%	22.28%	-0.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.35%	22.17%	+3.18%

LMVYX vs. AVALX - Expense Ratio Comparison

LMVYX has a 0.97% expense ratio, which is lower than AVALX's 1.50% expense ratio.

Dividends

LMVYX vs. AVALX - Dividend Comparison

LMVYX's dividend yield for the trailing twelve months is around 3.88%, more than AVALX's 2.04% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AVALX Aegis Value Fund	2.04%	2.34%	7.07%	2.23%	0.16%	0.00%	6.62%	2.36%	6.18%	0.00%	1.45%	0.04%
LMVYX Lord Abbett Focused Small Cap Value Fund	3.88%	4.52%	6.69%	0.24%	4.01%	10.49%	0.92%	16.57%	17.51%	19.53%	17.52%	2.40%

Frequently Asked Questions

Can I hold both LMVYX and AVALX in my portfolio?

LMVYX and AVALX have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LMVYX or AVALX?

LMVYX has higher volatility (5.51%) compared to AVALX (5.49%). In terms of maximum drawdown, LMVYX dropped -59.70% vs AVALX's -73.72%.

Which has better risk-adjusted returns?

AVALX currently has the higher Sharpe Ratio (2.71 vs 1.62), 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.