LSVVX vs. VVIAX

Last updated Jun 3, 2026

LSVVX (LSV Conservative Value Equity Fund) and VVIAX (Vanguard Value Index Fund Admiral Shares) are both Large Cap Value Equities funds. Over the past 10 years, LSVVX returned 10.89%/yr vs 12.46%/yr for VVIAX. With a 0.98 correlation, they move nearly in lockstep. LSVVX charges 0.35%/yr vs 0.05%/yr for VVIAX.

Performance

LSVVX vs. VVIAX - Performance Comparison

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

Returns By Period

In the year-to-date period, LSVVX achieves a 15.43% return, which is significantly higher than VVIAX's 12.24% return. Over the past 10 years, LSVVX has underperformed VVIAX with an annualized return of 10.89%, while VVIAX has yielded a comparatively higher 12.46% annualized return.

LSVVX

• 1D: 0.43%
• 1M: 4.89%
• YTD: 15.43%
• 6M: 17.82%
• 1Y: 36.06%
• 3Y*: 17.25%
• 5Y*: 9.69%
• 10Y*: 10.89%

VVIAX

• 1D: 0.86%
• 1M: 4.21%
• YTD: 12.24%
• 6M: 13.09%
• 1Y: 26.20%
• 3Y*: 18.24%
• 5Y*: 11.28%
• 10Y*: 12.46%

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

LSVVX vs. VVIAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LSVVX LSV Conservative Value Equity Fund	15.43%	19.63%	3.97%	12.19%	-4.02%	28.57%	-3.46%	25.29%	-11.10%	16.18%
VVIAX Vanguard Value Index Fund Admiral Shares	12.24%	15.27%	16.00%	9.22%	-2.07%	26.51%	2.29%	25.81%	-5.45%	17.13%

Correlation

The correlation between LSVVX and VVIAX is 0.93, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.93
Correlation (3Y) Calculated over the trailing 3-year period	0.94
Correlation (5Y) Calculated over the trailing 5-year period	0.95
Correlation (10Y) Calculated over the trailing 10-year period	0.96
Correlation (All Time) Calculated using the full available price history since Apr 3, 2007	0.98

The correlation between LSVVX and VVIAX has been stable across timeframes, ranging from 0.93 to 0.98 - a consistent structural relationship.

Return for Risk

LSVVX vs. VVIAX — Risk / Return Rank

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

LSVVX

LSVVX Risk / Return Rank: 92
LSVVX Sharpe Ratio Rank: 94
LSVVX Sortino Ratio Rank: 93
LSVVX Omega Ratio Rank: 86
LSVVX Calmar Ratio Rank: 95
LSVVX Martin Ratio Rank: 95

VVIAX

VVIAX Risk / Return Rank: 81
VVIAX Sharpe Ratio Rank: 83
VVIAX Sortino Ratio Rank: 81
VVIAX Omega Ratio Rank: 72
VVIAX Calmar Ratio Rank: 87
VVIAX Martin Ratio Rank: 84

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. VVIAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for LSV Conservative Value Equity Fund (LSVVX) and Vanguard Value Index Fund Admiral Shares (VVIAX). 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.

	LSVVX	VVIAX	Difference
Sharpe ratio Return per unit of total volatility	3.26	2.67	+0.59
Sortino ratio Return per unit of downside risk	4.64	3.81	+0.83
Omega ratio Gain probability vs. loss probability	1.59	1.48	+0.11
Calmar ratio Return relative to maximum drawdown	5.79	4.23	+1.56
Martin ratio Return relative to average drawdown	21.96	15.96	+6.01
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LSVVX vs. VVIAX - Sharpe Ratio Comparison

The current LSVVX Sharpe Ratio is 3.26, which is comparable to the VVIAX Sharpe Ratio of 2.67. The chart below compares the historical Sharpe Ratios of LSVVX and VVIAX, 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

	LSVVX	VVIAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.26	2.67	+0.59
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.61	0.82	-0.20
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.59	0.75	-0.16
Sharpe Ratio (All Time) Calculated using the full available price history	0.33	0.42	-0.09

Drawdowns

LSVVX vs. VVIAX - Drawdown Comparison

The maximum LSVVX drawdown since its inception was -61.62%, roughly equal to the maximum VVIAX drawdown of -59.32%. Use the drawdown chart below to compare losses from any high point for LSVVX and VVIAX.

Drawdown Indicators

	LSVVX	VVIAX	Difference
Max Drawdown Largest peak-to-trough decline	-61.62%	-59.32%	-2.30%
Max Drawdown (1Y) Largest decline over 1 year	-6.23%	-6.36%	+0.13%
Max Drawdown (3Y) Largest decline over 3 years	-24.61%	-14.39%	-10.22%
Max Drawdown (5Y) Largest decline over 5 years	-24.61%	-17.14%	-7.47%
Max Drawdown (10Y) Largest decline over 10 years	-40.61%	-36.80%	-3.81%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-12.20%	-9.62%	-2.58%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.64%	1.69%	-0.05%

Volatility

LSVVX vs. VVIAX - Volatility Comparison

LSV Conservative Value Equity Fund (LSVVX) has a higher volatility of 2.84% compared to Vanguard Value Index Fund Admiral Shares (VVIAX) at 2.70%. This indicates that LSVVX's price experiences larger fluctuations and is considered to be riskier than VVIAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LSVVX	VVIAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.84%	2.70%	+0.14%
Volatility (6M) Calculated over the trailing 6-month period	8.05%	7.64%	+0.41%
Volatility (1Y) Calculated over the trailing 1-year period	11.12%	10.09%	+1.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.92%	13.91%	+2.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.50%	16.74%	+1.76%

LSVVX vs. VVIAX - Expense Ratio Comparison

LSVVX has a 0.35% expense ratio, which is higher than VVIAX's 0.05% expense ratio.

Dividends

LSVVX vs. VVIAX - Dividend Comparison

LSVVX's dividend yield for the trailing twelve months is around 11.86%, more than VVIAX's 1.85% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LSVVX LSV Conservative Value Equity Fund	11.86%	13.69%	2.45%	6.57%	5.41%	3.67%	2.40%	21.48%	3.91%	1.98%	2.37%	2.38%
VVIAX Vanguard Value Index Fund Admiral Shares	1.85%	2.04%	2.30%	2.45%	2.51%	2.14%	2.55%	2.49%	2.72%	2.29%	2.45%	2.60%

Frequently Asked Questions

Can I hold both LSVVX and VVIAX in my portfolio?

With a correlation of 0.93, LSVVX and VVIAX 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 VVIAX?

LSVVX has higher volatility (2.84%) compared to VVIAX (2.70%). In terms of maximum drawdown, LSVVX dropped -61.62% vs VVIAX's -59.32%.

Which has better risk-adjusted returns?

LSVVX currently has the higher Sharpe Ratio (3.26 vs 2.67), 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.