LSVVX vs. LSVEX

Last updated Jun 24, 2026

LSVVX (LSV Conservative Value Equity Fund) and LSVEX (LSV Value Equity Fund) are both Large Cap Value Equities funds from LSV. Over the past 10 years, LSVVX returned 11.35%/yr vs 11.23%/yr for LSVEX. With a 0.99 correlation, they move nearly in lockstep. LSVVX charges 0.35%/yr vs 0.66%/yr for LSVEX.

Performance

LSVVX vs. LSVEX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in LSV Conservative Value Equity Fund (LSVVX) and LSV Value Equity Fund (LSVEX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LSVVX achieves a 16.28% return, which is significantly higher than LSVEX's 13.91% return. Both investments have delivered pretty close results over the past 10 years, with LSVVX having a 11.35% annualized return and LSVEX not far behind at 11.23%.

LSVVX

• 1D: 0.43%
• 1M: 2.75%
• YTD: 16.28%
• 6M: 15.36%
• 1Y: 34.49%
• 3Y*: 16.95%
• 5Y*: 10.63%
• 10Y*: 11.35%

LSVEX

• 1D: 0.41%
• 1M: 0.48%
• YTD: 13.91%
• 6M: 12.75%
• 1Y: 30.37%
• 3Y*: 16.65%
• 5Y*: 9.85%
• 10Y*: 11.23%

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

LSVVX vs. LSVEX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LSVVX LSV Conservative Value Equity Fund	16.28%	19.63%	3.97%	12.19%	-4.02%	28.57%	-3.46%	25.29%	-11.10%	16.18%
LSVEX LSV Value Equity Fund	13.91%	17.51%	7.20%	12.42%	-5.84%	28.57%	-1.59%	25.18%	-14.62%	18.32%

Correlation

The correlation between LSVVX and LSVEX is 0.97 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.97
Correlation (3Y) Calculated over the trailing 3-year period	0.98
Correlation (5Y) Calculated over the trailing 5-year period	0.99
Correlation (10Y) Calculated over the trailing 10-year period	0.99
Correlation (All Time) Calculated using the full available price history since Apr 2, 2007	0.99

The correlation between LSVVX and LSVEX has been stable across timeframes, ranging from 0.97 to 0.99 - a consistent structural relationship.

Return for Risk

LSVVX vs. LSVEX — Risk / Return Rank

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

LSVVX

LSVVX Risk / Return Rank: 93
LSVVX Sharpe Ratio Rank: 95
LSVVX Sortino Ratio Rank: 93
LSVVX Omega Ratio Rank: 87
LSVVX Calmar Ratio Rank: 96
LSVVX Martin Ratio Rank: 96

LSVEX

LSVEX Risk / Return Rank: 86
LSVEX Sharpe Ratio Rank: 86
LSVEX Sortino Ratio Rank: 85
LSVEX Omega Ratio Rank: 76
LSVEX Calmar Ratio Rank: 94
LSVEX Martin Ratio Rank: 92

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.

LSVVX vs. LSVEX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for LSV Conservative Value Equity Fund (LSVVX) and LSV Value Equity Fund (LSVEX). 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.

	LSVVX	LSVEX	Difference
Sharpe ratio: Return per unit of total volatility	3.13	2.60	+0.53
Sortino ratio: Return per unit of downside risk	4.41	3.72	+0.68
Omega ratio: Gain probability vs. loss probability	1.56	1.45	+0.11
Calmar ratio: Return relative to maximum drawdown	5.70	4.96	+0.75
Martin ratio: Return relative to average drawdown	21.43	17.64	+3.79

LSVVX vs. LSVEX - Sharpe Ratio Comparison

The current LSVVX Sharpe Ratio is 3.13, which is comparable to the LSVEX Sharpe Ratio of 2.60. The chart below compares the historical Sharpe Ratios of LSVVX and LSVEX, 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

LSVVX vs. LSVEX - Drawdown Comparison

The maximum LSVVX drawdown since its inception was -61.62%, roughly equal to the maximum LSVEX drawdown of -63.29%. Use the drawdown chart below to compare losses from any high point for LSVVX and LSVEX.

Drawdown Indicators

	LSVVX	LSVEX	Difference
Max Drawdown Largest peak-to-trough decline	-61.62%	-63.29%	+1.67%
Max Drawdown (1Y) Largest decline over 1 year	-6.23%	-6.32%	+0.09%
Max Drawdown (3Y) Largest decline over 3 years	-24.61%	-23.06%	-1.55%
Max Drawdown (5Y) Largest decline over 5 years	-24.61%	-23.06%	-1.55%
Max Drawdown (10Y) Largest decline over 10 years	-40.61%	-41.98%	+1.37%
Current Drawdown Current decline from peak	-0.73%	-1.77%	+1.04%
Average Drawdown Average peak-to-trough decline	-12.16%	-10.33%	-1.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.66%	1.77%	-0.11%

Volatility

LSVVX vs. LSVEX - Volatility Comparison

LSV Conservative Value Equity Fund (LSVVX) and LSV Value Equity Fund (LSVEX) have volatilities of 3.54% and 3.45%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LSVVX	LSVEX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.54%	3.45%	+0.09%
Volatility (6M) Calculated over the trailing 6-month period	8.33%	8.49%	-0.16%
Volatility (1Y) Calculated over the trailing 1-year period	11.38%	12.09%	-0.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.92%	16.77%	-0.85%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.51%	19.47%	-0.96%

LSVVX vs. LSVEX - Expense Ratio Comparison

LSVVX has a 0.35% expense ratio, which is lower than LSVEX's 0.66% expense ratio.

Dividends

LSVVX vs. LSVEX - Dividend Comparison

LSVVX's dividend yield for the trailing twelve months is around 11.77%, less than LSVEX's 17.02% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LSVEX LSV Value Equity Fund	17.02%	19.38%	2.16%	7.54%	14.50%	13.00%	5.51%	4.93%	7.27%	6.84%	2.63%	1.83%
LSVVX LSV Conservative Value Equity Fund	11.77%	13.69%	2.45%	6.57%	5.41%	3.67%	2.40%	21.48%	3.91%	1.98%	2.37%	2.38%

Frequently Asked Questions

Can I hold both LSVVX and LSVEX in my portfolio?

With a correlation of 0.97, LSVVX and LSVEX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, LSVVX or LSVEX?

LSVVX has higher volatility (3.54%) compared to LSVEX (3.45%). In terms of maximum drawdown, LSVVX dropped -61.62% vs LSVEX's -63.29%.

Which has better risk-adjusted returns?

LSVVX currently has the higher Sharpe Ratio (3.13 vs 2.60), 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.