LSSIX vs. SPY
Compare and contrast key facts about Loomis Sayles Small Cap Growth Fund (LSSIX) and State Street SPDR S&P 500 ETF (SPY).
LSSIX is managed by Loomis Sayles Funds. It was launched on Dec 31, 1996. SPY is a passively managed fund by State Street that tracks the performance of the S&P 500 Index. It was launched on Jan 22, 1993.
Performance
LSSIX vs. SPY - Performance Comparison
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LSSIX vs. SPY - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LSSIX Loomis Sayles Small Cap Growth Fund | -3.32% | 3.57% | 14.94% | 11.92% | -22.93% | 9.91% | 34.15% | 26.59% | 0.18% | 26.85% |
SPY State Street SPDR S&P 500 ETF | -4.37% | 17.72% | 24.89% | 26.18% | -18.18% | 28.73% | 18.33% | 31.22% | -4.57% | 21.71% |
Returns By Period
In the year-to-date period, LSSIX achieves a -3.32% return, which is significantly higher than SPY's -4.37% return. Over the past 10 years, LSSIX has underperformed SPY with an annualized return of 10.01%, while SPY has yielded a comparatively higher 13.98% annualized return.
LSSIX
- 1D
- -1.74%
- 1M
- -9.12%
- YTD
- -3.32%
- 6M
- -2.91%
- 1Y
- 12.25%
- 3Y*
- 7.26%
- 5Y*
- 1.17%
- 10Y*
- 10.01%
SPY
- 1D
- 2.91%
- 1M
- -4.94%
- YTD
- -4.37%
- 6M
- -1.82%
- 1Y
- 17.59%
- 3Y*
- 18.19%
- 5Y*
- 11.69%
- 10Y*
- 13.98%
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LSSIX vs. SPY - Expense Ratio Comparison
LSSIX has a 0.92% expense ratio, which is higher than SPY's 0.09% expense ratio.
Return for Risk
LSSIX vs. SPY — Risk / Return Rank
LSSIX
SPY
LSSIX vs. SPY - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Loomis Sayles Small Cap Growth Fund (LSSIX) and State Street SPDR S&P 500 ETF (SPY). 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.
| LSSIX | SPY | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.44 | 0.93 | -0.49 |
Sortino ratioReturn per unit of downside risk | 0.83 | 1.45 | -0.62 |
Omega ratioGain probability vs. loss probability | 1.11 | 1.22 | -0.12 |
Calmar ratioReturn relative to maximum drawdown | -0.09 | 1.53 | -1.62 |
Martin ratioReturn relative to average drawdown | -0.29 | 7.30 | -7.59 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| LSSIX | SPY | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.44 | 0.93 | -0.49 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.05 | 0.69 | -0.63 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.45 | 0.78 | -0.33 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.28 | 0.56 | -0.28 |
Correlation
The correlation between LSSIX and SPY is 0.79, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
LSSIX vs. SPY - Dividend Comparison
LSSIX's dividend yield for the trailing twelve months is around 7.89%, more than SPY's 1.14% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LSSIX Loomis Sayles Small Cap Growth Fund | 7.89% | 7.62% | 3.64% | 2.34% | 3.02% | 20.23% | 1.76% | 8.86% | 11.30% | 12.61% | 0.00% | 7.91% |
SPY State Street SPDR S&P 500 ETF | 1.14% | 1.07% | 1.21% | 1.40% | 1.65% | 1.20% | 1.52% | 1.75% | 2.04% | 1.80% | 2.03% | 2.06% |
Drawdowns
LSSIX vs. SPY - Drawdown Comparison
The maximum LSSIX drawdown since its inception was -83.41%, which is greater than SPY's maximum drawdown of -55.19%. Use the drawdown chart below to compare losses from any high point for LSSIX and SPY.
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Drawdown Indicators
| LSSIX | SPY | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.41% | -55.19% | -28.22% |
Max Drawdown (1Y)Largest decline over 1 year | -13.96% | -12.05% | -1.91% |
Max Drawdown (5Y)Largest decline over 5 years | -37.42% | -24.50% | -12.92% |
Max Drawdown (10Y)Largest decline over 10 years | -38.52% | -33.72% | -4.80% |
Current DrawdownCurrent decline from peak | -10.77% | -6.24% | -4.53% |
Average DrawdownAverage peak-to-trough decline | -34.70% | -9.09% | -25.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.32% | 2.52% | +4.80% |
Volatility
LSSIX vs. SPY - Volatility Comparison
Loomis Sayles Small Cap Growth Fund (LSSIX) has a higher volatility of 7.42% compared to State Street SPDR S&P 500 ETF (SPY) at 5.31%. This indicates that LSSIX's price experiences larger fluctuations and is considered to be riskier than SPY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LSSIX | SPY | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 7.42% | 5.31% | +2.11% |
Volatility (6M)Calculated over the trailing 6-month period | 14.10% | 9.47% | +4.63% |
Volatility (1Y)Calculated over the trailing 1-year period | 26.08% | 19.05% | +7.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 22.27% | 17.06% | +5.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 22.67% | 17.92% | +4.75% |