LOMAX vs. ^GSPC

Last updated Apr 2, 2026

Compare and contrast key facts about Edgar Lomax Value Fund (LOMAX) and S&P 500 Index (^GSPC).

LOMAX is managed by Edgar Lomax. It was launched on Dec 12, 1997.

Performance

LOMAX vs. ^GSPC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Edgar Lomax Value Fund (LOMAX) and S&P 500 Index (^GSPC). The values are adjusted to include any dividend payments, if applicable.

LOMAX vs. ^GSPC - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LOMAX Edgar Lomax Value Fund	6.83%	18.09%	10.29%	5.19%	-0.46%	25.80%	-5.77%	23.27%	-3.31%	19.52%
^GSPC S&P 500 Index	-3.95%	16.39%	23.31%	24.23%	-19.44%	26.89%	16.26%	28.88%	-6.24%	19.42%

Returns By Period

In the year-to-date period, LOMAX achieves a 6.83% return, which is significantly higher than ^GSPC's -3.95% return. Over the past 10 years, LOMAX has underperformed ^GSPC with an annualized return of 10.63%, while ^GSPC has yielded a comparatively higher 12.24% annualized return.

LOMAX

• 1D: 1.24%
• 1M: -2.88%
• YTD: 6.83%
• 6M: 11.96%
• 1Y: 19.57%
• 3Y*: 14.48%
• 5Y*: 10.37%
• 10Y*: 10.63%

^GSPC

• 1D: 0.72%
• 1M: -4.45%
• YTD: -3.95%
• 6M: -2.02%
• 1Y: 16.73%
• 3Y*: 16.96%
• 5Y*: 10.34%
• 10Y*: 12.24%

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

Return for Risk

LOMAX vs. ^GSPC — Risk / Return Rank

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

LOMAX

LOMAX Risk / Return Rank: 75
LOMAX Sharpe Ratio Rank: 75
LOMAX Sortino Ratio Rank: 75
LOMAX Omega Ratio Rank: 70
LOMAX Calmar Ratio Rank: 77
LOMAX Martin Ratio Rank: 77

^GSPC

^GSPC Risk / Return Rank: 67
^GSPC Sharpe Ratio Rank: 63
^GSPC Sortino Ratio Rank: 64
^GSPC Omega Ratio Rank: 69
^GSPC Calmar Ratio Rank: 60
^GSPC Martin Ratio Rank: 77

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.

LOMAX vs. ^GSPC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Edgar Lomax Value Fund (LOMAX) and S&P 500 Index (^GSPC). 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.

	LOMAX	^GSPC	Difference
Sharpe ratio Return per unit of total volatility	1.42	0.92	+0.50
Sortino ratio Return per unit of downside risk	1.98	1.41	+0.56
Omega ratio Gain probability vs. loss probability	1.28	1.21	+0.06
Calmar ratio Return relative to maximum drawdown	1.96	1.41	+0.55
Martin ratio Return relative to average drawdown	8.08	6.61	+1.46
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LOMAX vs. ^GSPC - Sharpe Ratio Comparison

The current LOMAX Sharpe Ratio is 1.42, which is higher than the ^GSPC Sharpe Ratio of 0.92. The chart below compares the historical Sharpe Ratios of LOMAX and ^GSPC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	LOMAX	^GSPC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.42	0.92	+0.50
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.79	0.61	+0.17
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.65	0.68	-0.03
Sharpe Ratio (All Time) Calculated using the full available price history	0.40	0.46	-0.06

Correlation

The correlation between LOMAX and ^GSPC is 0.85, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Drawdowns

LOMAX vs. ^GSPC - Drawdown Comparison

The maximum LOMAX drawdown since its inception was -57.82%, roughly equal to the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for LOMAX and ^GSPC.

Drawdown Indicators

	LOMAX	^GSPC	Difference
Max Drawdown Largest peak-to-trough decline	-57.82%	-56.78%	-1.04%
Max Drawdown (1Y) Largest decline over 1 year	-9.98%	-12.14%	+2.16%
Max Drawdown (5Y) Largest decline over 5 years	-17.50%	-25.43%	+7.93%
Max Drawdown (10Y) Largest decline over 10 years	-37.81%	-33.92%	-3.89%
Current Drawdown Current decline from peak	-2.88%	-5.78%	+2.90%
Average Drawdown Average peak-to-trough decline	-9.45%	-10.75%	+1.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.51%	2.60%	-0.09%

Volatility

LOMAX vs. ^GSPC - Volatility Comparison

The current volatility for Edgar Lomax Value Fund (LOMAX) is 2.88%, while S&P 500 Index (^GSPC) has a volatility of 5.37%. This indicates that LOMAX experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LOMAX	^GSPC	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.88%	5.37%	-2.49%
Volatility (6M) Calculated over the trailing 6-month period	7.24%	9.55%	-2.31%
Volatility (1Y) Calculated over the trailing 1-year period	13.48%	18.33%	-4.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.24%	16.90%	-3.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.50%	18.05%	-1.55%