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LZISX vs. DRIOX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

LZISX vs. DRIOX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Lazard International Small Cap Equity Portfolio (LZISX) and Driehaus International Small Cap Growth Fund (DRIOX). The values are adjusted to include any dividend payments, if applicable.

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LZISX vs. DRIOX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
LZISX
Lazard International Small Cap Equity Portfolio
5.19%35.95%-3.68%11.59%-26.34%12.36%13.45%25.49%-24.90%36.67%
DRIOX
Driehaus International Small Cap Growth Fund
-2.45%28.93%3.15%11.96%-24.37%12.44%29.84%30.41%-17.03%41.53%

Returns By Period

In the year-to-date period, LZISX achieves a 5.19% return, which is significantly higher than DRIOX's -2.45% return. Over the past 10 years, LZISX has underperformed DRIOX with an annualized return of 5.94%, while DRIOX has yielded a comparatively higher 8.93% annualized return.


LZISX

1D
4.31%
1M
-7.55%
YTD
5.19%
6M
7.32%
1Y
36.48%
3Y*
12.74%
5Y*
3.89%
10Y*
5.94%

DRIOX

1D
3.14%
1M
-10.00%
YTD
-2.45%
6M
-1.89%
1Y
25.64%
3Y*
11.95%
5Y*
3.10%
10Y*
8.93%
*Multi-year figures are annualized to reflect compound growth (CAGR)

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LZISX vs. DRIOX - Expense Ratio Comparison

LZISX has a 1.14% expense ratio, which is lower than DRIOX's 1.16% expense ratio.


Return for Risk

LZISX vs. DRIOX — Risk / Return Rank

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

LZISX
LZISX Risk / Return Rank: 8888
Overall Rank
LZISX Sharpe Ratio Rank: 8989
Sharpe Ratio Rank
LZISX Sortino Ratio Rank: 8686
Sortino Ratio Rank
LZISX Omega Ratio Rank: 8181
Omega Ratio Rank
LZISX Calmar Ratio Rank: 9191
Calmar Ratio Rank
LZISX Martin Ratio Rank: 9191
Martin Ratio Rank

DRIOX
DRIOX Risk / Return Rank: 6868
Overall Rank
DRIOX Sharpe Ratio Rank: 7777
Sharpe Ratio Rank
DRIOX Sortino Ratio Rank: 7575
Sortino Ratio Rank
DRIOX Omega Ratio Rank: 6868
Omega Ratio Rank
DRIOX Calmar Ratio Rank: 6060
Calmar Ratio Rank
DRIOX Martin Ratio Rank: 5858
Martin Ratio Rank
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.

LZISX vs. DRIOX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lazard International Small Cap Equity Portfolio (LZISX) and Driehaus International Small Cap Growth Fund (DRIOX). 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.


LZISXDRIOXDifference

Sharpe ratio

Return per unit of total volatility

1.93

1.46

+0.47

Sortino ratio

Return per unit of downside risk

2.45

1.98

+0.47

Omega ratio

Gain probability vs. loss probability

1.34

1.27

+0.07

Calmar ratio

Return relative to maximum drawdown

2.89

1.55

+1.35

Martin ratio

Return relative to average drawdown

11.49

6.05

+5.44

LZISX vs. DRIOX - Sharpe Ratio Comparison

The current LZISX Sharpe Ratio is 1.93, which is higher than the DRIOX Sharpe Ratio of 1.46. The chart below compares the historical Sharpe Ratios of LZISX and DRIOX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


LZISXDRIOXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.93

1.46

+0.47

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.23

0.13

+0.10

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.35

0.43

-0.08

Sharpe Ratio (All Time)

Calculated using the full available price history

0.40

0.35

+0.06

Correlation

The correlation between LZISX and DRIOX is 0.87, 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

LZISX vs. DRIOX - Dividend Comparison

LZISX's dividend yield for the trailing twelve months is around 1.82%, more than DRIOX's 1.09% yield.


TTM20252024202320222021202020192018201720162015
LZISX
Lazard International Small Cap Equity Portfolio
1.82%1.91%1.89%2.08%5.44%36.78%2.07%2.10%4.62%0.00%2.96%0.69%
DRIOX
Driehaus International Small Cap Growth Fund
1.09%1.06%0.51%1.16%5.94%27.01%8.26%0.77%16.19%15.63%0.00%2.72%

Drawdowns

LZISX vs. DRIOX - Drawdown Comparison

The maximum LZISX drawdown since its inception was -65.43%, which is greater than DRIOX's maximum drawdown of -59.68%. Use the drawdown chart below to compare losses from any high point for LZISX and DRIOX.


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Drawdown Indicators


LZISXDRIOXDifference

Max Drawdown

Largest peak-to-trough decline

-65.43%

-59.68%

-5.75%

Max Drawdown (1Y)

Largest decline over 1 year

-12.10%

-14.47%

+2.37%

Max Drawdown (5Y)

Largest decline over 5 years

-42.01%

-47.73%

+5.72%

Max Drawdown (10Y)

Largest decline over 10 years

-44.80%

-47.73%

+2.93%

Current Drawdown

Current decline from peak

-8.31%

-11.78%

+3.47%

Average Drawdown

Average peak-to-trough decline

-14.85%

-15.41%

+0.56%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.05%

3.70%

-0.65%

Volatility

LZISX vs. DRIOX - Volatility Comparison

Lazard International Small Cap Equity Portfolio (LZISX) has a higher volatility of 8.93% compared to Driehaus International Small Cap Growth Fund (DRIOX) at 8.35%. This indicates that LZISX's price experiences larger fluctuations and is considered to be riskier than DRIOX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


LZISXDRIOXDifference

Volatility (1M)

Calculated over the trailing 1-month period

8.93%

8.35%

+0.58%

Volatility (6M)

Calculated over the trailing 6-month period

15.31%

12.46%

+2.85%

Volatility (1Y)

Calculated over the trailing 1-year period

19.12%

17.80%

+1.32%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.24%

23.71%

-6.47%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

16.87%

20.78%

-3.91%