LOMAX vs. ^GSPC
Compare and contrast key facts about Edgar Lomax Value Fund (LOMAX) and S&P 500 (^GSPC).
LOMAX is managed by Edgar Lomax. It was launched on Dec 12, 1997.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LOMAX or ^GSPC.
Correlation
The correlation between LOMAX and ^GSPC is 0.87, 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.
Performance
LOMAX vs. ^GSPC - Performance Comparison
Key characteristics
LOMAX:
1.17
^GSPC:
1.62
LOMAX:
1.65
^GSPC:
2.20
LOMAX:
1.21
^GSPC:
1.30
LOMAX:
1.28
^GSPC:
2.46
LOMAX:
3.64
^GSPC:
10.01
LOMAX:
3.64%
^GSPC:
2.08%
LOMAX:
11.37%
^GSPC:
12.88%
LOMAX:
-61.89%
^GSPC:
-56.78%
LOMAX:
-2.75%
^GSPC:
-2.13%
Returns By Period
In the year-to-date period, LOMAX achieves a 7.03% return, which is significantly higher than ^GSPC's 2.24% return. Over the past 10 years, LOMAX has underperformed ^GSPC with an annualized return of 3.33%, while ^GSPC has yielded a comparatively higher 11.04% annualized return.
LOMAX
7.03%
3.33%
4.50%
12.59%
3.91%
3.33%
^GSPC
2.24%
-1.20%
6.72%
18.21%
12.53%
11.04%
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Risk-Adjusted Performance
LOMAX vs. ^GSPC — Risk-Adjusted Performance Rank
LOMAX
^GSPC
LOMAX vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Edgar Lomax Value Fund (LOMAX) and S&P 500 (^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.
Drawdowns
LOMAX vs. ^GSPC - Drawdown Comparison
The maximum LOMAX drawdown since its inception was -61.89%, which is greater than ^GSPC's maximum drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for LOMAX and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
LOMAX vs. ^GSPC - Volatility Comparison
The current volatility for Edgar Lomax Value Fund (LOMAX) is 2.90%, while S&P 500 (^GSPC) has a volatility of 3.43%. 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.