LSGGX vs. GMGEX
LSGGX (Loomis Sayles Global Growth Fund) and GMGEX (GMO Global Equity Allocation Fund) are both Global Equities funds. Over the past 5 years, LSGGX returned 5.09%/yr vs 10.66%/yr for GMGEX. Their 0.77 correlation means they have sometimes moved together and sometimes differently. LSGGX charges 0.95%/yr vs 0.01%/yr for GMGEX.
Performance
LSGGX vs. GMGEX - Performance Comparison
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Returns By Period
In the year-to-date period, LSGGX achieves a -8.97% return, which is significantly lower than GMGEX's 19.52% return.
LSGGX
- 1D
- 0.09%
- 1M
- -3.12%
- 6M
- -8.60%
- YTD
- -8.97%
- 1Y
- -5.49%
- 3Y*
- 10.39%
- 5Y*
- 5.09%
- 10Y*
- —
- ALL TIME*
- 12.26%
GMGEX
- 1D
- 1.87%
- 1M
- 1.85%
- 6M
- 12.88%
- YTD
- 19.52%
- 1Y
- 37.44%
- 3Y*
- 18.95%
- 5Y*
- 10.66%
- 10Y*
- 11.15%
- ALL TIME*
- 4.09%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
LSGGX vs. GMGEX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LSGGX Loomis Sayles Global Growth Fund | -8.97% | 16.84% | 23.30% | 36.10% | -25.98% | 5.89% | 35.25% | 30.63% | -6.70% | 31.11% |
GMGEX GMO Global Equity Allocation Fund | 19.52% | 29.14% | 4.12% | 22.27% | -17.07% | 14.99% | 9.55% | 25.45% | -13.04% | 26.39% |
Correlation
The correlation between LSGGX and GMGEX is 0.55, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.55 |
Correlation (3Y) Balances recent behavior with more history. | 0.66 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.73 |
Correlation (All Time) Calculated using the full available price history since Jan 3, 2017 | 0.77 |
Over the past year, the correlation between LSGGX and GMGEX has dropped to 0.55 - well below their long-term average of 0.77, suggesting their price drivers have been diverging.
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Return for Risk
LSGGX vs. GMGEX — Risk / Return Rank
LSGGX
GMGEX
LSGGX vs. GMGEX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Loomis Sayles Global Growth Fund (LSGGX) and GMO Global Equity Allocation Fund (GMGEX). 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.
| LSGGX | GMGEX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.99 | ||
| Sortino ratioReturn per unit of downside risk | -3.96 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 1.49 | -0.52 |
| Calmar ratioReturn relative to maximum drawdown | -0.29 | 3.87 | -4.16 |
| Martin ratioReturn relative to average drawdown | -0.64 | 14.86 | -15.50 |
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Drawdowns
LSGGX vs. GMGEX - Drawdown Comparison
The maximum LSGGX drawdown since its inception was -37.72%, smaller than the maximum GMGEX drawdown of -58.47%. Use the drawdown chart below to compare losses from any high point for LSGGX and GMGEX.
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Drawdown Indicators
| LSGGX | GMGEX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -37.72% | -58.47% | +20.75% |
Max Drawdown (1Y)Largest decline over 1 year | -21.08% | -9.24% | -11.84% |
Max Drawdown (3Y)Largest decline over 3 years | -22.21% | -17.12% | -5.09% |
Max Drawdown (5Y)Largest decline over 5 years | -37.72% | -28.58% | -9.14% |
Max Drawdown (10Y)Largest decline over 10 years | — | -34.98% | — |
Current DrawdownCurrent decline from peak | -13.95% | -0.28% | -13.67% |
Average DrawdownAverage peak-to-trough decline | -7.69% | -16.67% | +8.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 8.93% | 2.41% | +6.52% |
Volatility
LSGGX vs. GMGEX - Volatility Comparison
Loomis Sayles Global Growth Fund (LSGGX) has a higher volatility of 5.35% compared to GMO Global Equity Allocation Fund (GMGEX) at 3.63%. This indicates that LSGGX's price experiences larger fluctuations and is considered to be riskier than GMGEX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LSGGX | GMGEX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.35% | 3.63% | +1.72% |
Volatility (6M)Calculated over the trailing 6-month period | 14.55% | 11.04% | +3.51% |
Volatility (1Y)Calculated over the trailing 1-year period | 18.84% | 13.46% | +5.38% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.24% | 14.89% | +7.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 20.54% | 15.97% | +4.57% |
LSGGX vs. GMGEX - Expense Ratio Comparison
LSGGX has a 0.95% expense ratio, which is higher than GMGEX's 0.01% expense ratio.
Dividends
LSGGX vs. GMGEX - Dividend Comparison
LSGGX's dividend yield for the trailing twelve months is around 0.33%, less than GMGEX's 3.95% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GMGEX GMO Global Equity Allocation Fund | 3.95% | 4.69% | 0.29% | 5.62% | 7.81% | 7.76% | 3.83% | 3.14% | 3.14% | 2.90% | 3.71% | 4.20% |
LSGGX Loomis Sayles Global Growth Fund | 0.33% | 0.30% | 0.00% | 0.00% | 7.77% | 7.38% | 6.15% | 5.74% | 4.78% | 3.44% | 0.00% | 0.00% |
Frequently Asked Questions
LSGGX and GMGEX have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LSGGX has higher volatility (5.35%) compared to GMGEX (3.63%). In terms of maximum drawdown, LSGGX dropped -37.72% vs GMGEX's -58.47%.
GMGEX currently has the higher Sharpe Ratio (2.66 vs -0.32), 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.
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