LZFIX vs. UPDDX

Last updated Jun 25, 2026

LZFIX (Lazard Equity Franchise Portfolio) and UPDDX (Upright Growth & Income Fund) are both Large Cap Value Equities funds. At a correlation of -0.01, they often move in opposite directions. LZFIX charges 0.99%/yr vs 2.57%/yr for UPDDX.

Performance

LZFIX vs. UPDDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Lazard Equity Franchise Portfolio (LZFIX) and Upright Growth & Income Fund (UPDDX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

LZFIX

• 1D: 0.46%
• 1M: -3.08%
• YTD: -8.19%
• 6M: -7.94%
• 1Y: -16.73%
• 3Y*: -0.50%
• 5Y*: 1.64%
• 10Y*: —

UPDDX

• 1D: -2.78%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LZFIX vs. UPDDX - Yearly Performance Comparison

	2026 (YTD)
LZFIX Lazard Equity Franchise Portfolio	-3.08%
UPDDX Upright Growth & Income Fund	-4.61%

Correlation

The correlation between LZFIX and UPDDX is -0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 28, 2026	-0.01

Return for Risk

LZFIX vs. UPDDX — Risk / Return Rank

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

LZFIX

LZFIX Risk / Return Rank: 1
LZFIX Sharpe Ratio Rank: 0
LZFIX Sortino Ratio Rank: 0
LZFIX Omega Ratio Rank: 1
LZFIX Calmar Ratio Rank: 1
LZFIX Martin Ratio Rank: 1

UPDDX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

LZFIX vs. UPDDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lazard Equity Franchise Portfolio (LZFIX) and Upright Growth & Income Fund (UPDDX). 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.

	LZFIX	UPDDX	Difference
Sharpe ratio: Return per unit of total volatility	-1.06	—	—
Sortino ratio: Return per unit of downside risk	-1.41	—	—
Omega ratio: Gain probability vs. loss probability	0.84	—	—
Calmar ratio: Return relative to maximum drawdown	-0.74	—	—
Martin ratio: Return relative to average drawdown	-1.25	—	—

Drawdowns

LZFIX vs. UPDDX - Drawdown Comparison

The maximum LZFIX drawdown since its inception was -41.91%, which is greater than UPDDX's maximum drawdown of -10.36%. Use the drawdown chart below to compare losses from any high point for LZFIX and UPDDX.

Drawdown Indicators

	LZFIX	UPDDX	Difference
Max Drawdown Largest peak-to-trough decline	-41.91%	-10.36%	-31.55%
Max Drawdown (1Y) Largest decline over 1 year	-21.51%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-21.51%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-21.69%	—	—
Current Drawdown Current decline from peak	-19.19%	-8.00%	-11.19%
Average Drawdown Average peak-to-trough decline	-7.06%	-4.81%	-2.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	12.63%	—	—

Volatility

Volatility by Period

	LZFIX	UPDDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.11%	—	—
Volatility (6M) Calculated over the trailing 6-month period	10.86%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	15.05%	35.30%	-20.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.80%	35.30%	-17.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.05%	35.30%	-14.25%

LZFIX vs. UPDDX - Expense Ratio Comparison

LZFIX has a 0.99% expense ratio, which is lower than UPDDX's 2.57% expense ratio.

Dividends

LZFIX vs. UPDDX - Dividend Comparison

LZFIX's dividend yield for the trailing twelve months is around 22.74%, while UPDDX has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
LZFIX Lazard Equity Franchise Portfolio	22.74%	20.87%	14.95%	8.68%	12.81%	15.59%	1.12%	5.78%
UPDDX Upright Growth & Income Fund	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both LZFIX and UPDDX in my portfolio?

LZFIX and UPDDX have a correlation of -0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.