LSSIX vs. LSFIX

Last updated Jun 23, 2026

LSSIX (Loomis Sayles Small Cap Growth Fund) and LSFIX (Loomis Sayles Fixed Income Fund) are both mutual funds - LSSIX is a Small Cap Growth Equities fund managed by Loomis Sayles Funds, while LSFIX is a Multisector Bonds fund managed by Loomis Sayles Funds. Over the past 10 years, LSSIX returned 12.47%/yr vs 3.89%/yr for LSFIX. At a 0.31 correlation, their price movements are largely independent. LSSIX charges 0.92%/yr vs 0.58%/yr for LSFIX.

Performance

LSSIX vs. LSFIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Loomis Sayles Small Cap Growth Fund (LSSIX) 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, LSSIX achieves a 23.20% return, which is significantly higher than LSFIX's 0.17% return. Over the past 10 years, LSSIX has outperformed LSFIX with an annualized return of 12.47%, while LSFIX has yielded a comparatively lower 3.89% annualized return.

LSSIX

• 1D: 2.01%
• 1M: 8.25%
• YTD: 23.20%
• 6M: 19.61%
• 1Y: 33.75%
• 3Y*: 15.31%
• 5Y*: 6.02%
• 10Y*: 12.47%

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%

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

LSSIX vs. LSFIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LSSIX Loomis Sayles Small Cap Growth Fund	23.20%	3.57%	14.94%	11.92%	-22.93%	9.91%	34.15%	26.59%	0.18%	26.85%
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%

Correlation

The correlation between LSSIX and LSFIX is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.44
Correlation (3Y) Calculated over the trailing 3-year period	0.32
Correlation (5Y) Calculated over the trailing 5-year period	0.37
Correlation (10Y) Calculated over the trailing 10-year period	0.41
Correlation (All Time) Calculated using the full available price history since Dec 31, 1996	0.31

The correlation between LSSIX and LSFIX shifts across timeframes, from 0.31 (all time) to 0.44 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

LSSIX vs. LSFIX — Risk / Return Rank

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

LSSIX

LSSIX Risk / Return Rank: 61
LSSIX Sharpe Ratio Rank: 50
LSSIX Sortino Ratio Rank: 53
LSSIX Omega Ratio Rank: 43
LSSIX Calmar Ratio Rank: 83
LSSIX Martin Ratio Rank: 77

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

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.

LSSIX vs. LSFIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Loomis Sayles Small Cap Growth Fund (LSSIX) 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.

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.

	LSSIX	LSFIX	Difference
Sharpe ratio: Return per unit of total volatility	1.92	1.81	+0.11
Sortino ratio: Return per unit of downside risk	2.79	2.68	+0.11
Omega ratio: Gain probability vs. loss probability	1.33	1.35	-0.03
Calmar ratio: Return relative to maximum drawdown	3.58	2.23	+1.34
Martin ratio: Return relative to average drawdown	13.48	7.28	+6.19

LSSIX vs. LSFIX - Sharpe Ratio Comparison

The current LSSIX Sharpe Ratio is 1.92, which is comparable to the LSFIX Sharpe Ratio of 1.81. The chart below compares the historical Sharpe Ratios of LSSIX 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.

Drawdowns

LSSIX vs. LSFIX - Drawdown Comparison

The maximum LSSIX drawdown since its inception was -83.41%, which is greater than LSFIX's maximum drawdown of -26.33%. Use the drawdown chart below to compare losses from any high point for LSSIX and LSFIX.

Drawdown Indicators

	LSSIX	LSFIX	Difference
Max Drawdown Largest peak-to-trough decline	-83.41%	-26.33%	-57.08%
Max Drawdown (1Y) Largest decline over 1 year	-10.77%	-2.80%	-7.97%
Max Drawdown (3Y) Largest decline over 3 years	-27.73%	-5.45%	-22.28%
Max Drawdown (5Y) Largest decline over 5 years	-37.42%	-15.86%	-21.56%
Max Drawdown (10Y) Largest decline over 10 years	-38.52%	-19.60%	-18.92%
Current Drawdown Current decline from peak	0.00%	-1.24%	+1.24%
Average Drawdown Average peak-to-trough decline	-34.45%	-3.24%	-31.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.73%	0.80%	+1.93%

Volatility

LSSIX vs. LSFIX - Volatility Comparison

Loomis Sayles Small Cap Growth Fund (LSSIX) has a higher volatility of 6.18% compared to Loomis Sayles Fixed Income Fund (LSFIX) at 1.22%. This indicates that LSSIX's price experiences larger fluctuations and is considered to be riskier than LSFIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LSSIX	LSFIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.18%	1.22%	+4.96%
Volatility (6M) Calculated over the trailing 6-month period	15.10%	2.64%	+12.46%
Volatility (1Y) Calculated over the trailing 1-year period	20.03%	3.46%	+16.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	22.48%	4.94%	+17.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	22.81%	4.95%	+17.86%

LSSIX vs. LSFIX - Expense Ratio Comparison

LSSIX has a 0.92% expense ratio, which is higher than LSFIX's 0.58% expense ratio.

Dividends

LSSIX vs. LSFIX - Dividend Comparison

LSSIX's dividend yield for the trailing twelve months is around 6.19%, more 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	4.69%	4.70%	5.79%	4.41%	1.53%	6.23%	6.23%	4.24%	5.62%	5.62%	3.57%	6.77%
LSSIX Loomis Sayles Small Cap Growth Fund	6.19%	7.62%	3.64%	2.34%	3.02%	20.23%	1.76%	8.86%	11.30%	12.61%	0.00%	7.91%

Frequently Asked Questions

Can I hold both LSSIX and LSFIX in my portfolio?

LSSIX and LSFIX have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LSSIX or LSFIX?

LSSIX has higher volatility (6.18%) compared to LSFIX (1.22%). In terms of maximum drawdown, LSSIX dropped -83.41% vs LSFIX's -26.33%.

Which has better risk-adjusted returns?

LSSIX currently has the higher Sharpe Ratio (1.92 vs 1.81), 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.