LSFIX vs. LSGBX

Last updated Jun 23, 2026

LSFIX (Loomis Sayles Fixed Income Fund) and LSGBX (Loomis Sayles Global Bond Fund) are both mutual funds - LSFIX is a Multisector Bonds fund managed by Loomis Sayles Funds, while LSGBX is a Global Bonds fund managed by Loomis Sayles Funds. Over the past 10 years, LSFIX returned 3.89%/yr vs 0.79%/yr for LSGBX. A 0.59 correlation means they provide meaningful diversification when combined. LSFIX charges 0.58%/yr vs 0.69%/yr for LSGBX.

Performance

LSFIX vs. LSGBX - Performance Comparison

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

Returns By Period

In the year-to-date period, LSFIX achieves a 0.17% return, which is significantly higher than LSGBX's -0.26% return. Over the past 10 years, LSFIX has outperformed LSGBX with an annualized return of 3.89%, while LSGBX has yielded a comparatively lower 0.79% annualized return.

LSFIX

• 1D: 0.08%
• 1M: 0.50%
• YTD: 0.17%
• 6M: 0.34%
• 1Y: 5.24%
• 3Y*: 6.63%
• 5Y*: 2.15%
• 10Y*: 3.89%

LSGBX

• 1D: -0.13%
• 1M: 0.32%
• YTD: -0.26%
• 6M: 0.13%
• 1Y: 1.82%
• 3Y*: 3.13%
• 5Y*: -2.02%
• 10Y*: 0.79%

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

LSFIX vs. LSGBX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LSFIX Loomis Sayles Fixed Income Fund	0.17%	9.10%	5.39%	8.21%	-11.74%	2.89%	5.38%	13.56%	-3.07%	8.40%
LSGBX Loomis Sayles Global Bond Fund	-0.26%	8.52%	-2.46%	5.48%	-17.18%	-4.94%	13.49%	7.52%	-2.49%	8.87%

Correlation

The correlation between LSFIX and LSGBX is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.81
Correlation (3Y) Calculated over the trailing 3-year period	0.84
Correlation (5Y) Calculated over the trailing 5-year period	0.82
Correlation (10Y) Calculated over the trailing 10-year period	0.68
Correlation (All Time) Calculated using the full available price history since Jan 17, 1995	0.59

Over the past year, LSFIX and LSGBX have become more correlated (0.81) than their long-term average of 0.59, meaning their price movements have been converging.

Return for Risk

LSFIX vs. LSGBX — Risk / Return Rank

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

LSFIX

LSFIX Risk / Return Rank: 43
LSFIX Sharpe Ratio Rank: 45
LSFIX Sortino Ratio Rank: 48
LSFIX Omega Ratio Rank: 50
LSFIX Calmar Ratio Rank: 38
LSFIX Martin Ratio Rank: 34

LSGBX

LSGBX Risk / Return Rank: 6
LSGBX Sharpe Ratio Rank: 6
LSGBX Sortino Ratio Rank: 5
LSGBX Omega Ratio Rank: 5
LSGBX Calmar Ratio Rank: 6
LSGBX Martin Ratio Rank: 6

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. LSGBX - Risk-Adjusted Trends Comparison

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

	LSFIX	LSGBX	Difference
Sharpe ratio: Return per unit of total volatility	1.81	0.39	+1.42
Sortino ratio: Return per unit of downside risk	2.68	0.61	+2.07
Omega ratio: Gain probability vs. loss probability	1.35	1.07	+0.29
Calmar ratio: Return relative to maximum drawdown	2.23	0.54	+1.70
Martin ratio: Return relative to average drawdown	7.28	1.34	+5.94

LSFIX vs. LSGBX - Sharpe Ratio Comparison

The current LSFIX Sharpe Ratio is 1.81, which is higher than the LSGBX Sharpe Ratio of 0.39. The chart below compares the historical Sharpe Ratios of LSFIX and LSGBX, 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

LSFIX vs. LSGBX - Drawdown Comparison

The maximum LSFIX drawdown since its inception was -26.33%, roughly equal to the maximum LSGBX drawdown of -26.86%. Use the drawdown chart below to compare losses from any high point for LSFIX and LSGBX.

Drawdown Indicators

	LSFIX	LSGBX	Difference
Max Drawdown Largest peak-to-trough decline	-26.33%	-26.86%	+0.53%
Max Drawdown (1Y) Largest decline over 1 year	-2.80%	-4.05%	+1.25%
Max Drawdown (3Y) Largest decline over 3 years	-5.45%	-7.42%	+1.97%
Max Drawdown (5Y) Largest decline over 5 years	-15.86%	-25.24%	+9.38%
Max Drawdown (10Y) Largest decline over 10 years	-19.60%	-26.86%	+7.26%
Current Drawdown Current decline from peak	-1.24%	-12.57%	+11.33%
Average Drawdown Average peak-to-trough decline	-3.24%	-4.81%	+1.57%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.80%	1.52%	-0.72%

Volatility

LSFIX vs. LSGBX - Volatility Comparison

The current volatility for Loomis Sayles Fixed Income Fund (LSFIX) is 1.22%, while Loomis Sayles Global Bond Fund (LSGBX) has a volatility of 1.44%. This indicates that LSFIX experiences smaller price fluctuations and is considered to be less risky than LSGBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LSFIX	LSGBX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.22%	1.44%	-0.22%
Volatility (6M) Calculated over the trailing 6-month period	2.64%	3.90%	-1.26%
Volatility (1Y) Calculated over the trailing 1-year period	3.46%	5.55%	-2.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.94%	6.65%	-1.71%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.95%	5.80%	-0.85%

LSFIX vs. LSGBX - Expense Ratio Comparison

LSFIX has a 0.58% expense ratio, which is lower than LSGBX's 0.69% expense ratio.

Dividends

LSFIX vs. LSGBX - Dividend Comparison

LSFIX's dividend yield for the trailing twelve months is around 4.69%, more than LSGBX's 0.11% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LSFIX Loomis Sayles Fixed Income Fund	4.69%	4.70%	5.79%	4.41%	1.53%	6.23%	6.23%	4.24%	5.62%	5.62%	3.57%	6.77%
LSGBX Loomis Sayles Global Bond Fund	0.11%	0.11%	0.00%	0.00%	0.00%	4.31%	4.94%	1.75%	0.66%	0.28%	0.43%	0.00%

Frequently Asked Questions

Can I hold both LSFIX and LSGBX in my portfolio?

LSFIX and LSGBX have a correlation of 0.81, 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 LSGBX?

LSGBX has higher volatility (1.44%) compared to LSFIX (1.22%). In terms of maximum drawdown, LSFIX dropped -26.33% vs LSGBX's -26.86%.

Which has better risk-adjusted returns?

LSFIX currently has the higher Sharpe Ratio (1.81 vs 0.39), 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.