LMVYX vs. RYSEX

Last updated Aug 1, 2026

LMVYX (Lord Abbett Focused Small Cap Value Fund) and RYSEX (Royce Special Equity Fund) are both Small Cap Value Equities funds. Over the past 10 years, LMVYX returned 8.94%/yr vs 9.26%/yr for RYSEX. Their correlation of 0.86 means they have usually moved in the same direction. LMVYX charges 0.97%/yr vs 1.20%/yr for RYSEX.

Performance

LMVYX vs. RYSEX - Performance Comparison

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

Returns By Period

In the year-to-date period, LMVYX achieves a 16.34% return, which is significantly lower than RYSEX's 27.23% return. Both investments have delivered pretty close results over the past 10 years, with LMVYX having a 8.94% annualized return and RYSEX not far ahead at 9.26%.

LMVYX

• 1D: 0.42%
• 1M: -1.11%
• 6M: 8.95%
• YTD: 16.34%
• 1Y: 23.97%
• 3Y*: 9.38%
• 5Y*: 5.86%
• 10Y*: 8.94%
• ALL TIME*: 11.80%

RYSEX

• 1D: -1.82%
• 1M: 4.02%
• 6M: 18.92%
• YTD: 27.23%
• 1Y: 42.08%
• 3Y*: 11.95%
• 5Y*: 9.15%
• 10Y*: 9.26%
• ALL TIME*: 9.42%

*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)
LMVYX Lord Abbett Focused Small Cap Value Fund	$0.00	$0.00	$0.00
RYSEX Royce Special Equity Fund	$0.00	$0.00	$0.00

LMVYX vs. RYSEX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LMVYX Lord Abbett Focused Small Cap Value Fund	16.34%	0.23%	10.43%	13.83%	-15.05%	27.60%	8.57%	20.63%	-9.57%	7.73%
RYSEX Royce Special Equity Fund	27.23%	3.66%	2.93%	12.96%	-6.60%	22.24%	7.43%	12.73%	-9.96%	7.13%

Correlation

The correlation between LMVYX and RYSEX is 0.72, 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.	0.72
Correlation (3Y) Balances recent behavior with more history.	0.84
Correlation (5Y) Shows whether the relationship held over a longer period.	0.86
Correlation (10Y) Provides a long-term view across more market conditions.	0.87
Correlation (All Time) Calculated using the full available price history since Jul 9, 1999	0.86

The correlation between LMVYX and RYSEX shifts across timeframes, from 0.72 (1 year) to 0.87 (10 years), reflecting how their relationship changes across market environments.

Return for Risk

LMVYX vs. RYSEX — Risk / Return Rank

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

LMVYX

LMVYX Risk / Return Rank: 35
LMVYX Sharpe Ratio Rank: 33
LMVYX Sortino Ratio Rank: 36
LMVYX Omega Ratio Rank: 32
LMVYX Calmar Ratio Rank: 39
LMVYX Martin Ratio Rank: 34

RYSEX

RYSEX Risk / Return Rank: 94
RYSEX Sharpe Ratio Rank: 95
RYSEX Sortino Ratio Rank: 96
RYSEX Omega Ratio Rank: 88
RYSEX Calmar Ratio Rank: 96
RYSEX Martin Ratio Rank: 95

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.

LMVYX vs. RYSEX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lord Abbett Focused Small Cap Value Fund (LMVYX) and Royce Special Equity Fund (RYSEX). 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	RYSEX	Difference
Sharpe ratio: Return per unit of total volatility	1.12	2.62	-1.50
Sortino ratio: Return per unit of downside risk	1.76	4.07	-2.31
Omega ratio: Gain probability vs. loss probability	1.21	1.46	-0.26
Calmar ratio: Return relative to maximum drawdown	1.72	4.63	-2.90
Martin ratio: Return relative to average drawdown	5.25	15.56	-10.31

LMVYX vs. RYSEX - Sharpe Ratio Comparison

The current LMVYX Sharpe Ratio is 1.12, which is lower than the RYSEX Sharpe Ratio of 2.62. The chart below compares the historical Sharpe Ratios of LMVYX and RYSEX, 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. RYSEX - Drawdown Comparison

The maximum LMVYX drawdown since its inception was -59.70%, which is greater than RYSEX's maximum drawdown of -43.25%. Use the drawdown chart below to compare losses from any high point for LMVYX and RYSEX.

Drawdown Indicators

	LMVYX	RYSEX	Difference
Max Drawdown Largest peak-to-trough decline	-59.70%	-43.25%	-16.45%
Max Drawdown (1Y) Largest decline over 1 year	-11.85%	-8.20%	-3.65%
Max Drawdown (3Y) Largest decline over 3 years	-28.97%	-23.03%	-5.94%
Max Drawdown (5Y) Largest decline over 5 years	-28.97%	-23.03%	-5.94%
Max Drawdown (10Y) Largest decline over 10 years	-53.61%	-32.13%	-21.48%
Current Drawdown Current decline from peak	-2.36%	-2.25%	-0.11%
Average Drawdown Average peak-to-trough decline	-9.06%	-6.32%	-2.74%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.89%	2.45%	+1.44%

Volatility

LMVYX vs. RYSEX - Volatility Comparison

The current volatility for Lord Abbett Focused Small Cap Value Fund (LMVYX) is 3.88%, while Royce Special Equity Fund (RYSEX) has a volatility of 4.86%. This indicates that LMVYX experiences smaller price fluctuations and is considered to be less risky than RYSEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LMVYX	RYSEX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.88%	4.86%	-0.98%
Volatility (6M) Calculated over the trailing 6-month period	12.41%	9.81%	+2.60%
Volatility (1Y) Calculated over the trailing 1-year period	18.24%	14.53%	+3.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.84%	16.41%	+5.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.30%	17.42%	+7.88%

LMVYX vs. RYSEX - Expense Ratio Comparison

LMVYX has a 0.97% expense ratio, which is lower than RYSEX's 1.20% expense ratio.

Dividends

LMVYX vs. RYSEX - Dividend Comparison

LMVYX's dividend yield for the trailing twelve months is around 3.89%, less than RYSEX's 9.71% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LMVYX Lord Abbett Focused Small Cap Value Fund	3.89%	4.52%	6.69%	0.24%	4.01%	10.49%	0.92%	16.57%	17.51%	19.53%	17.52%	2.40%
RYSEX Royce Special Equity Fund	9.71%	12.36%	16.35%	5.32%	12.34%	16.53%	3.70%	11.56%	13.11%	8.24%	7.72%	11.68%

Frequently Asked Questions

Can I hold both LMVYX and RYSEX in my portfolio?

LMVYX and RYSEX have a correlation of 0.72, 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 RYSEX?

RYSEX has higher volatility (4.86%) compared to LMVYX (3.88%). In terms of maximum drawdown, LMVYX dropped -59.70% vs RYSEX's -43.25%.

Which has better risk-adjusted returns?

RYSEX currently has the higher Sharpe Ratio (2.62 vs 1.12), 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.