LSGSX vs. LSFIX

Last updated Jun 3, 2026

LSGSX (Loomis Sayles Inflation Protected Securities Fund) and LSFIX (Loomis Sayles Fixed Income Fund) are both mutual funds - LSGSX is a Inflation-Protected Bonds fund managed by Loomis Sayles Funds, while LSFIX is a Multisector Bonds fund managed by Loomis Sayles Funds. Over the past 10 years, LSGSX returned 2.63%/yr vs 3.98%/yr for LSFIX. A 0.52 correlation means they provide meaningful diversification when combined. LSGSX charges 0.40%/yr vs 0.58%/yr for LSFIX.

Performance

LSGSX vs. LSFIX - Performance Comparison

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

Returns By Period

In the year-to-date period, LSGSX achieves a 1.24% return, which is significantly higher than LSFIX's 0.33% return. Over the past 10 years, LSGSX has underperformed LSFIX with an annualized return of 2.63%, while LSFIX has yielded a comparatively higher 3.98% annualized return.

LSGSX

• 1D: 0.00%
• 1M: 0.00%
• YTD: 1.24%
• 6M: 1.03%
• 1Y: 3.77%
• 3Y*: 3.43%
• 5Y*: 0.55%
• 10Y*: 2.63%

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%

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

LSGSX vs. LSFIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LSGSX Loomis Sayles Inflation Protected Securities Fund	1.24%	5.66%	1.80%	3.63%	-12.50%	5.01%	13.97%	8.63%	-2.23%	3.61%
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%

Correlation

The correlation between LSGSX and LSFIX is 0.78, 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	0.78
Correlation (3Y) Calculated over the trailing 3-year period	0.86
Correlation (5Y) Calculated over the trailing 5-year period	0.76
Correlation (10Y) Calculated over the trailing 10-year period	0.58
Correlation (All Time) Calculated using the full available price history since Jan 18, 1995	0.52

Over the past year, LSGSX and LSFIX have become more correlated (0.78) than their long-term average of 0.52, meaning their price movements have been converging.

Return for Risk

LSGSX vs. LSFIX — Risk / Return Rank

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

LSGSX

LSGSX Risk / Return Rank: 14
LSGSX Sharpe Ratio Rank: 17
LSGSX Sortino Ratio Rank: 17
LSGSX Omega Ratio Rank: 17
LSGSX Calmar Ratio Rank: 11
LSGSX Martin Ratio Rank: 10

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

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.

LSGSX vs. LSFIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Loomis Sayles Inflation Protected Securities Fund (LSGSX) and Loomis Sayles Fixed Income Fund (LSFIX). 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.

	LSGSX	LSFIX	Difference
Sharpe ratio Return per unit of total volatility	1.18	2.16	-0.98
Sortino ratio Return per unit of downside risk	1.72	3.29	-1.57
Omega ratio Gain probability vs. loss probability	1.22	1.43	-0.21
Calmar ratio Return relative to maximum drawdown	1.12	2.64	-1.52
Martin ratio Return relative to average drawdown	3.04	8.83	-5.79
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LSGSX vs. LSFIX - Sharpe Ratio Comparison

The current LSGSX Sharpe Ratio is 1.18, which is lower than the LSFIX Sharpe Ratio of 2.16. The chart below compares the historical Sharpe Ratios of LSGSX and LSFIX, 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

	LSGSX	LSFIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.18	2.16	-0.98
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.09	0.49	-0.40
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.48	0.82	-0.34
Sharpe Ratio (All Time) Calculated using the full available price history	0.76	0.90	-0.14

Drawdowns

LSGSX vs. LSFIX - Drawdown Comparison

The maximum LSGSX drawdown since its inception was -17.20%, smaller than the maximum LSFIX drawdown of -26.33%. Use the drawdown chart below to compare losses from any high point for LSGSX and LSFIX.

Drawdown Indicators

	LSGSX	LSFIX	Difference
Max Drawdown Largest peak-to-trough decline	-17.20%	-26.33%	+9.13%
Max Drawdown (1Y) Largest decline over 1 year	-2.34%	-2.80%	+0.46%
Max Drawdown (3Y) Largest decline over 3 years	-4.66%	-5.45%	+0.79%
Max Drawdown (5Y) Largest decline over 5 years	-15.23%	-15.86%	+0.63%
Max Drawdown (10Y) Largest decline over 10 years	-15.23%	-19.60%	+4.37%
Current Drawdown Current decline from peak	-2.06%	-1.07%	-0.99%
Average Drawdown Average peak-to-trough decline	-4.59%	-3.25%	-1.34%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.24%	0.84%	+0.40%

Volatility

LSGSX vs. LSFIX - Volatility Comparison

The current volatility for Loomis Sayles Inflation Protected Securities Fund (LSGSX) is 0.94%, while Loomis Sayles Fixed Income Fund (LSFIX) has a volatility of 1.30%. This indicates that LSGSX experiences smaller price fluctuations and is considered to be less risky than LSFIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LSGSX	LSFIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.94%	1.30%	-0.36%
Volatility (6M) Calculated over the trailing 6-month period	2.49%	2.51%	-0.02%
Volatility (1Y) Calculated over the trailing 1-year period	3.84%	3.38%	+0.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.30%	4.92%	+1.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.60%	4.95%	+0.65%

LSGSX vs. LSFIX - Expense Ratio Comparison

LSGSX has a 0.40% expense ratio, which is lower than LSFIX's 0.58% expense ratio.

Dividends

LSGSX vs. LSFIX - Dividend Comparison

LSGSX's dividend yield for the trailing twelve months is around 2.65%, less than LSFIX's 4.69% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
LSGSX Loomis Sayles Inflation Protected Securities Fund	2.65%	3.53%	3.52%	3.88%	8.23%	5.60%	0.99%	1.96%	2.90%	2.38%	1.48%	0.75%

Frequently Asked Questions

Can I hold both LSGSX and LSFIX in my portfolio?

LSGSX and LSFIX have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LSGSX or LSFIX?

LSFIX has higher volatility (1.30%) compared to LSGSX (0.94%). In terms of maximum drawdown, LSGSX dropped -17.20% vs LSFIX's -26.33%.

Which has better risk-adjusted returns?

LSFIX currently has the higher Sharpe Ratio (2.16 vs 1.18), 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.