LNCIX vs. PEY
Compare and contrast key facts about Ladenburg Income Fund (LNCIX) and Invesco High Yield Equity Dividend Achievers™ ETF (PEY).
LNCIX is managed by Ladenburg Thalmann. It was launched on Aug 23, 2015. PEY is a passively managed fund by Invesco that tracks the performance of the Dividend Achiever 50 Index. It was launched on Dec 9, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LNCIX or PEY.
Correlation
The correlation between LNCIX and PEY is 0.57, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
LNCIX vs. PEY - Performance Comparison
Key characteristics
LNCIX:
1.26
PEY:
1.20
LNCIX:
1.74
PEY:
1.80
LNCIX:
1.25
PEY:
1.21
LNCIX:
0.73
PEY:
1.76
LNCIX:
4.07
PEY:
4.74
LNCIX:
2.09%
PEY:
3.50%
LNCIX:
6.76%
PEY:
13.85%
LNCIX:
-20.47%
PEY:
-72.81%
LNCIX:
-3.65%
PEY:
-5.07%
Returns By Period
In the year-to-date period, LNCIX achieves a 1.92% return, which is significantly lower than PEY's 2.65% return.
LNCIX
1.92%
1.72%
-0.98%
7.44%
0.75%
N/A
PEY
2.65%
1.51%
4.66%
14.18%
7.41%
9.32%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
LNCIX vs. PEY - Expense Ratio Comparison
LNCIX has a 0.85% expense ratio, which is higher than PEY's 0.53% expense ratio.
Risk-Adjusted Performance
LNCIX vs. PEY — Risk-Adjusted Performance Rank
LNCIX
PEY
LNCIX vs. PEY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Ladenburg Income Fund (LNCIX) and Invesco High Yield Equity Dividend Achievers™ ETF (PEY). 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
LNCIX vs. PEY - Dividend Comparison
LNCIX's dividend yield for the trailing twelve months is around 2.75%, less than PEY's 4.35% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LNCIX Ladenburg Income Fund | 2.75% | 2.87% | 2.30% | 2.02% | 1.33% | 1.24% | 2.26% | 1.68% | 2.10% | 0.00% | 0.00% | 0.00% |
PEY Invesco High Yield Equity Dividend Achievers™ ETF | 4.35% | 4.44% | 4.58% | 4.21% | 3.82% | 4.30% | 3.79% | 4.34% | 3.22% | 3.12% | 3.44% | 3.24% |
Drawdowns
LNCIX vs. PEY - Drawdown Comparison
The maximum LNCIX drawdown since its inception was -20.47%, smaller than the maximum PEY drawdown of -72.81%. Use the drawdown chart below to compare losses from any high point for LNCIX and PEY. For additional features, visit the drawdowns tool.
Volatility
LNCIX vs. PEY - Volatility Comparison
The current volatility for Ladenburg Income Fund (LNCIX) is 1.49%, while Invesco High Yield Equity Dividend Achievers™ ETF (PEY) has a volatility of 3.21%. This indicates that LNCIX experiences smaller price fluctuations and is considered to be less risky than PEY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.