LVAGX vs. SPGTX

Last updated Jun 5, 2026

LVAGX (LSV Global Value Fund) and SPGTX (Symmetry Panoramic Tax-Managed Global Equity Fund) are both Global Equities funds. Over the past 5 years, LVAGX returned 12.91%/yr vs 10.51%/yr for SPGTX. Their correlation of 0.92 suggests significant overlap in exposure. LVAGX charges 1.15%/yr vs 0.42%/yr for SPGTX.

Performance

LVAGX vs. SPGTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in LSV Global Value Fund (LVAGX) and Symmetry Panoramic Tax-Managed Global Equity Fund (SPGTX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LVAGX achieves a 24.37% return, which is significantly higher than SPGTX's 13.74% return.

LVAGX

• 1D: -0.70%
• 1M: 7.71%
• YTD: 24.37%
• 6M: 26.59%
• 1Y: 46.58%
• 3Y*: 24.06%
• 5Y*: 12.91%
• 10Y*: 11.78%

SPGTX

• 1D: -0.67%
• 1M: 3.40%
• YTD: 13.74%
• 6M: 14.98%
• 1Y: 30.03%
• 3Y*: 20.47%
• 5Y*: 10.51%
• 10Y*: —

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

LVAGX vs. SPGTX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
LVAGX LSV Global Value Fund	24.37%	26.84%	6.86%	18.76%	-8.44%	21.07%	0.15%	21.99%	-7.45%
SPGTX Symmetry Panoramic Tax-Managed Global Equity Fund	13.74%	22.41%	10.43%	20.78%	-14.10%	19.43%	8.53%	24.65%	-6.33%

Correlation

The correlation between LVAGX and SPGTX 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	0.93
Correlation (5Y) Calculated over the trailing 5-year period	0.94
Correlation (All Time) Calculated using the full available price history since Nov 13, 2018	0.92

The correlation between LVAGX and SPGTX has been stable across timeframes, ranging from 0.92 to 0.94 - a consistent structural relationship.

Return for Risk

LVAGX vs. SPGTX — Risk / Return Rank

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

LVAGX

LVAGX Risk / Return Rank: 95
LVAGX Sharpe Ratio Rank: 97
LVAGX Sortino Ratio Rank: 95
LVAGX Omega Ratio Rank: 90
LVAGX Calmar Ratio Rank: 97
LVAGX Martin Ratio Rank: 97

SPGTX

SPGTX Risk / Return Rank: 77
SPGTX Sharpe Ratio Rank: 79
SPGTX Sortino Ratio Rank: 74
SPGTX Omega Ratio Rank: 72
SPGTX Calmar Ratio Rank: 78
SPGTX Martin Ratio Rank: 82

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.

LVAGX vs. SPGTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for LSV Global Value Fund (LVAGX) and Symmetry Panoramic Tax-Managed Global Equity Fund (SPGTX). 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.

	LVAGX	SPGTX	Difference
Sharpe ratio: Return per unit of total volatility	3.67	2.54	+1.13
Sortino ratio: Return per unit of downside risk	4.99	3.51	+1.48
Omega ratio: Gain probability vs. loss probability	1.66	1.46	+0.20
Calmar ratio: Return relative to maximum drawdown	6.63	3.42	+3.22
Martin ratio: Return relative to average drawdown	25.10	14.65	+10.45
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LVAGX vs. SPGTX - Sharpe Ratio Comparison

The current LVAGX Sharpe Ratio is 3.67, which is higher than the SPGTX Sharpe Ratio of 2.54. The chart below compares the historical Sharpe Ratios of LVAGX and SPGTX, 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

	LVAGX	SPGTX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	3.67	2.54	+1.13
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.85	0.71	+0.14
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.70	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.59	0.76	-0.16

Drawdowns

LVAGX vs. SPGTX - Drawdown Comparison

The maximum LVAGX drawdown since its inception was -42.32%, which is greater than SPGTX's maximum drawdown of -35.10%. Use the drawdown chart below to compare losses from any high point for LVAGX and SPGTX.

Drawdown Indicators

	LVAGX	SPGTX	Difference
Max Drawdown Largest peak-to-trough decline	-42.32%	-35.10%	-7.22%
Max Drawdown (1Y) Largest decline over 1 year	-7.03%	-8.85%	+1.82%
Max Drawdown (3Y) Largest decline over 3 years	-16.13%	-15.36%	-0.77%
Max Drawdown (5Y) Largest decline over 5 years	-23.77%	-23.61%	-0.16%
Max Drawdown (10Y) Largest decline over 10 years	-42.32%	—	—
Current Drawdown Current decline from peak	-0.70%	-0.67%	-0.03%
Average Drawdown Average peak-to-trough decline	-7.02%	-4.99%	-2.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.85%	2.06%	-0.21%

Volatility

LVAGX vs. SPGTX - Volatility Comparison

LSV Global Value Fund (LVAGX) has a higher volatility of 4.32% compared to Symmetry Panoramic Tax-Managed Global Equity Fund (SPGTX) at 3.62%. This indicates that LVAGX's price experiences larger fluctuations and is considered to be riskier than SPGTX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LVAGX	SPGTX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.32%	3.62%	+0.70%
Volatility (6M) Calculated over the trailing 6-month period	9.77%	9.31%	+0.46%
Volatility (1Y) Calculated over the trailing 1-year period	12.70%	11.89%	+0.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.32%	14.90%	+0.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.95%	16.41%	+0.54%

LVAGX vs. SPGTX - Expense Ratio Comparison

LVAGX has a 1.15% expense ratio, which is higher than SPGTX's 0.42% expense ratio.

Dividends

LVAGX vs. SPGTX - Dividend Comparison

LVAGX's dividend yield for the trailing twelve months is around 5.13%, more than SPGTX's 3.19% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LVAGX LSV Global Value Fund	5.13%	6.38%	2.44%	2.69%	1.52%	2.04%	1.66%	1.99%	4.71%	1.86%	2.54%	2.35%
SPGTX Symmetry Panoramic Tax-Managed Global Equity Fund	3.19%	3.62%	3.74%	2.12%	1.76%	1.56%	1.22%	1.24%	0.29%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both LVAGX and SPGTX in my portfolio?

With a correlation of 0.93, LVAGX and SPGTX 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, LVAGX or SPGTX?

LVAGX has higher volatility (4.32%) compared to SPGTX (3.62%). In terms of maximum drawdown, LVAGX dropped -42.32% vs SPGTX's -35.10%.

Which has better risk-adjusted returns?

LVAGX currently has the higher Sharpe Ratio (3.67 vs 2.54), 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.