LZUSX vs. RCKSX

Last updated Jun 4, 2026

LZUSX (Lazard US Equity Focus Portfolio) and RCKSX (Rock Oak Core Growth Fund) are both Large Cap Blend Equities funds. Over the past 10 years, LZUSX returned 12.83%/yr vs 10.85%/yr for RCKSX. Their correlation of 0.86 suggests significant overlap in exposure. LZUSX charges 0.70%/yr vs 1.25%/yr for RCKSX.

Performance

LZUSX vs. RCKSX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Lazard US Equity Focus Portfolio (LZUSX) and Rock Oak Core Growth Fund (RCKSX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LZUSX achieves a 5.70% return, which is significantly lower than RCKSX's 14.10% return. Over the past 10 years, LZUSX has outperformed RCKSX with an annualized return of 12.83%, while RCKSX has yielded a comparatively lower 10.85% annualized return.

LZUSX

• 1D: -0.34%
• 1M: 2.86%
• YTD: 5.70%
• 6M: 5.71%
• 1Y: 21.29%
• 3Y*: 15.39%
• 5Y*: 9.04%
• 10Y*: 12.83%

RCKSX

• 1D: -0.13%
• 1M: 1.87%
• YTD: 14.10%
• 6M: 14.42%
• 1Y: 20.18%
• 3Y*: 19.62%
• 5Y*: 7.42%
• 10Y*: 10.85%

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

LZUSX vs. RCKSX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LZUSX Lazard US Equity Focus Portfolio	5.70%	15.23%	14.20%	19.79%	-16.97%	27.40%	17.28%	31.71%	-3.36%	18.18%
RCKSX Rock Oak Core Growth Fund	14.10%	12.99%	15.12%	15.57%	-18.09%	9.96%	13.75%	19.05%	-2.14%	22.69%

Correlation

The correlation between LZUSX and RCKSX is 0.68, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.68
Correlation (3Y) Calculated over the trailing 3-year period	0.74
Correlation (5Y) Calculated over the trailing 5-year period	0.81
Correlation (10Y) Calculated over the trailing 10-year period	0.83
Correlation (All Time) Calculated using the full available price history since Jan 5, 2005	0.86

The correlation between LZUSX and RCKSX shifts across timeframes, from 0.68 (1 year) to 0.86 (all time), reflecting how their relationship changes across market environments.

Return for Risk

LZUSX vs. RCKSX — Risk / Return Rank

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

LZUSX

LZUSX Risk / Return Rank: 41
LZUSX Sharpe Ratio Rank: 45
LZUSX Sortino Ratio Rank: 42
LZUSX Omega Ratio Rank: 40
LZUSX Calmar Ratio Rank: 34
LZUSX Martin Ratio Rank: 42

RCKSX

RCKSX Risk / Return Rank: 56
RCKSX Sharpe Ratio Rank: 39
RCKSX Sortino Ratio Rank: 40
RCKSX Omega Ratio Rank: 34
RCKSX Calmar Ratio Rank: 93
RCKSX Martin Ratio Rank: 75

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.

LZUSX vs. RCKSX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lazard US Equity Focus Portfolio (LZUSX) and Rock Oak Core Growth Fund (RCKSX). 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.

	LZUSX	RCKSX	Difference
Sharpe ratio: Return per unit of total volatility	1.97	1.83	+0.13
Sortino ratio: Return per unit of downside risk	2.73	2.66	+0.07
Omega ratio: Gain probability vs. loss probability	1.34	1.31	+0.04
Calmar ratio: Return relative to maximum drawdown	2.17	5.11	-2.93
Martin ratio: Return relative to average drawdown	8.84	14.18	-5.35
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LZUSX vs. RCKSX - Sharpe Ratio Comparison

The current LZUSX Sharpe Ratio is 1.97, which is comparable to the RCKSX Sharpe Ratio of 1.83. The chart below compares the historical Sharpe Ratios of LZUSX and RCKSX, 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

	LZUSX	RCKSX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.97	1.83	+0.13
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.55	0.48	+0.08
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.73	0.62	+0.11
Sharpe Ratio (All Time) Calculated using the full available price history	0.49	0.38	+0.11

Drawdowns

LZUSX vs. RCKSX - Drawdown Comparison

The maximum LZUSX drawdown since its inception was -55.40%, roughly equal to the maximum RCKSX drawdown of -57.88%. Use the drawdown chart below to compare losses from any high point for LZUSX and RCKSX.

Drawdown Indicators

	LZUSX	RCKSX	Difference
Max Drawdown Largest peak-to-trough decline	-55.40%	-57.88%	+2.48%
Max Drawdown (1Y) Largest decline over 1 year	-10.07%	-4.14%	-5.93%
Max Drawdown (3Y) Largest decline over 3 years	-19.18%	-18.22%	-0.96%
Max Drawdown (5Y) Largest decline over 5 years	-23.05%	-22.54%	-0.51%
Max Drawdown (10Y) Largest decline over 10 years	-35.12%	-33.10%	-2.02%
Current Drawdown Current decline from peak	-0.51%	-0.60%	+0.09%
Average Drawdown Average peak-to-trough decline	-7.85%	-9.51%	+1.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.47%	1.49%	+0.98%

Volatility

LZUSX vs. RCKSX - Volatility Comparison

The current volatility for Lazard US Equity Focus Portfolio (LZUSX) is 2.13%, while Rock Oak Core Growth Fund (RCKSX) has a volatility of 2.94%. This indicates that LZUSX experiences smaller price fluctuations and is considered to be less risky than RCKSX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LZUSX	RCKSX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.13%	2.94%	-0.81%
Volatility (6M) Calculated over the trailing 6-month period	8.26%	8.06%	+0.20%
Volatility (1Y) Calculated over the trailing 1-year period	11.14%	11.56%	-0.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.42%	15.66%	+0.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.69%	17.55%	+0.14%

LZUSX vs. RCKSX - Expense Ratio Comparison

LZUSX has a 0.70% expense ratio, which is lower than RCKSX's 1.25% expense ratio.

Dividends

LZUSX vs. RCKSX - Dividend Comparison

LZUSX's dividend yield for the trailing twelve months is around 13.07%, more than RCKSX's 5.48% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LZUSX Lazard US Equity Focus Portfolio	13.07%	13.81%	6.61%	1.09%	2.77%	5.78%	5.28%	11.94%	17.57%	10.34%	3.41%	7.83%
RCKSX Rock Oak Core Growth Fund	5.48%	6.26%	0.47%	0.71%	1.00%	4.31%	16.56%	3.18%	0.59%	5.91%	0.70%	3.21%

Frequently Asked Questions

Can I hold both LZUSX and RCKSX in my portfolio?

LZUSX and RCKSX have a correlation of 0.68, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LZUSX or RCKSX?

RCKSX has higher volatility (2.94%) compared to LZUSX (2.13%). In terms of maximum drawdown, LZUSX dropped -55.40% vs RCKSX's -57.88%.

Which has better risk-adjusted returns?

LZUSX currently has the higher Sharpe Ratio (1.97 vs 1.83), 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.