LSFIX vs. JMSIX

Last updated Jun 3, 2026

LSFIX (Loomis Sayles Fixed Income Fund) and JMSIX (JPMorgan Income Fund) are both Multisector Bonds funds. Over the past 10 years, LSFIX returned 3.98%/yr vs 3.97%/yr for JMSIX. A 0.64 correlation means they provide meaningful diversification when combined. LSFIX charges 0.58%/yr vs 0.40%/yr for JMSIX.

Performance

LSFIX vs. JMSIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Loomis Sayles Fixed Income Fund (LSFIX) and JPMorgan Income Fund (JMSIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LSFIX achieves a 0.33% return, which is significantly lower than JMSIX's 1.23% return. Both investments have delivered pretty close results over the past 10 years, with LSFIX having a 3.98% annualized return and JMSIX not far behind at 3.97%.

LSFIX

• 1D: -0.08%
• 1M: 0.00%
• YTD: 0.33%
• 6M: 0.77%
• 1Y: 6.04%
• 3Y*: 6.82%
• 5Y*: 2.32%
• 10Y*: 3.98%

JMSIX

• 1D: -0.12%
• 1M: 0.15%
• YTD: 1.23%
• 6M: 1.73%
• 1Y: 5.68%
• 3Y*: 7.08%
• 5Y*: 2.76%
• 10Y*: 3.97%

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

LSFIX vs. JMSIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LSFIX Loomis Sayles Fixed Income Fund	0.33%	9.10%	5.39%	8.21%	-11.74%	2.89%	5.38%	13.56%	-3.07%	8.40%
JMSIX JPMorgan Income Fund	1.23%	7.68%	7.78%	6.14%	-8.24%	3.59%	3.07%	11.82%	1.03%	6.00%

Correlation

The correlation between LSFIX and JMSIX is 0.59, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.59
Correlation (3Y) Calculated over the trailing 3-year period	0.73
Correlation (5Y) Calculated over the trailing 5-year period	0.77
Correlation (10Y) Calculated over the trailing 10-year period	0.66
Correlation (All Time) Calculated using the full available price history since Nov 10, 2014	0.64

The correlation between LSFIX and JMSIX shifts across timeframes, from 0.59 (1 year) to 0.77 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

LSFIX vs. JMSIX — Risk / Return Rank

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

LSFIX

LSFIX Risk / Return Rank: 53
LSFIX Sharpe Ratio Rank: 54
LSFIX Sortino Ratio Rank: 61
LSFIX Omega Ratio Rank: 60
LSFIX Calmar Ratio Rank: 47
LSFIX Martin Ratio Rank: 41

JMSIX

JMSIX Risk / Return Rank: 80
JMSIX Sharpe Ratio Rank: 58
JMSIX Sortino Ratio Rank: 90
JMSIX Omega Ratio Rank: 86
JMSIX Calmar Ratio Rank: 82
JMSIX Martin Ratio Rank: 84

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.

LSFIX vs. JMSIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Loomis Sayles Fixed Income Fund (LSFIX) and JPMorgan Income Fund (JMSIX). 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.

	LSFIX	JMSIX	Difference
Sharpe ratio Return per unit of total volatility	2.16	2.25	-0.09
Sortino ratio Return per unit of downside risk	3.29	4.44	-1.15
Omega ratio Gain probability vs. loss probability	1.43	1.59	-0.16
Calmar ratio Return relative to maximum drawdown	2.64	3.82	-1.18
Martin ratio Return relative to average drawdown	8.83	15.88	-7.06
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LSFIX vs. JMSIX - Sharpe Ratio Comparison

The current LSFIX Sharpe Ratio is 2.16, which is comparable to the JMSIX Sharpe Ratio of 2.25. The chart below compares the historical Sharpe Ratios of LSFIX and JMSIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	LSFIX	JMSIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.16	2.25	-0.09
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.49	0.74	-0.25
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.82	1.03	-0.21
Sharpe Ratio (All Time) Calculated using the full available price history	0.90	0.79	+0.11

Drawdowns

LSFIX vs. JMSIX - Drawdown Comparison

The maximum LSFIX drawdown since its inception was -26.33%, which is greater than JMSIX's maximum drawdown of -18.40%. Use the drawdown chart below to compare losses from any high point for LSFIX and JMSIX.

Drawdown Indicators

	LSFIX	JMSIX	Difference
Max Drawdown Largest peak-to-trough decline	-26.33%	-18.40%	-7.93%
Max Drawdown (1Y) Largest decline over 1 year	-2.80%	-1.62%	-1.18%
Max Drawdown (3Y) Largest decline over 3 years	-5.45%	-2.31%	-3.14%
Max Drawdown (5Y) Largest decline over 5 years	-15.86%	-11.39%	-4.47%
Max Drawdown (10Y) Largest decline over 10 years	-19.60%	-18.40%	-1.20%
Current Drawdown Current decline from peak	-1.07%	-0.12%	-0.95%
Average Drawdown Average peak-to-trough decline	-3.25%	-2.57%	-0.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.84%	0.39%	+0.45%

Volatility

LSFIX vs. JMSIX - Volatility Comparison

Loomis Sayles Fixed Income Fund (LSFIX) has a higher volatility of 1.30% compared to JPMorgan Income Fund (JMSIX) at 0.81%. This indicates that LSFIX's price experiences larger fluctuations and is considered to be riskier than JMSIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LSFIX	JMSIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.30%	0.81%	+0.49%
Volatility (6M) Calculated over the trailing 6-month period	2.51%	1.94%	+0.57%
Volatility (1Y) Calculated over the trailing 1-year period	3.38%	2.54%	+0.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.92%	3.73%	+1.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.95%	3.87%	+1.08%

LSFIX vs. JMSIX - Expense Ratio Comparison

LSFIX has a 0.58% expense ratio, which is higher than JMSIX's 0.40% expense ratio.

Dividends

LSFIX vs. JMSIX - Dividend Comparison

LSFIX's dividend yield for the trailing twelve months is around 4.69%, less than JMSIX's 6.03% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
JMSIX JPMorgan Income Fund	6.03%	5.95%	5.78%	4.43%	4.78%	4.00%	4.95%	5.10%	5.43%	5.42%	0.46%	0.00%
LSFIX Loomis Sayles Fixed Income Fund	4.68%	4.70%	5.79%	4.41%	1.53%	6.23%	6.23%	4.24%	5.62%	5.62%	3.57%	6.77%

Frequently Asked Questions

Can I hold both LSFIX and JMSIX in my portfolio?

LSFIX and JMSIX have a correlation of 0.59, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LSFIX or JMSIX?

LSFIX has higher volatility (1.30%) compared to JMSIX (0.81%). In terms of maximum drawdown, LSFIX dropped -26.33% vs JMSIX's -18.40%.

Which has better risk-adjusted returns?

JMSIX currently has the higher Sharpe Ratio (2.25 vs 2.16), 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.