NRFYX vs. LSIIX

Last updated Jun 5, 2026

NRFYX (Natixis Funds Trust IV AEW Global Focused Real Estate Fund) and LSIIX (Loomis Sayles Investment Grade Bond Fund Class Y) are both mutual funds - NRFYX is a REIT fund managed by Natixis, while LSIIX is a Total Bond Market fund managed by Natixis. Over the past 10 years, NRFYX returned 4.02%/yr vs 3.11%/yr for LSIIX. At a 0.18 correlation, their price movements are largely independent. NRFYX charges 0.90%/yr vs 0.54%/yr for LSIIX.

Performance

NRFYX vs. LSIIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Natixis Funds Trust IV AEW Global Focused Real Estate Fund (NRFYX) and Loomis Sayles Investment Grade Bond Fund Class Y (LSIIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, NRFYX achieves a 7.15% return, which is significantly higher than LSIIX's 0.05% return. Over the past 10 years, NRFYX has outperformed LSIIX with an annualized return of 4.02%, while LSIIX has yielded a comparatively lower 3.11% annualized return.

NRFYX

• 1D: -0.33%
• 1M: -2.28%
• YTD: 7.15%
• 6M: 7.17%
• 1Y: 10.27%
• 3Y*: 9.13%
• 5Y*: 1.49%
• 10Y*: 4.02%

LSIIX

• 1D: -0.21%
• 1M: 0.12%
• YTD: 0.05%
• 6M: 0.12%
• 1Y: 3.14%
• 3Y*: 4.42%
• 5Y*: 0.84%
• 10Y*: 3.11%

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

NRFYX vs. LSIIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
NRFYX Natixis Funds Trust IV AEW Global Focused Real Estate Fund	7.15%	7.51%	1.47%	13.42%	-25.75%	28.33%	-5.50%	24.32%	-4.52%	3.78%
LSIIX Loomis Sayles Investment Grade Bond Fund Class Y	0.05%	5.58%	2.91%	7.50%	-11.31%	0.18%	11.60%	9.04%	-0.31%	6.65%

Correlation

The correlation between NRFYX and LSIIX is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.48
Correlation (3Y) Calculated over the trailing 3-year period	0.44
Correlation (5Y) Calculated over the trailing 5-year period	0.38
Correlation (10Y) Calculated over the trailing 10-year period	0.30
Correlation (All Time) Calculated using the full available price history since Sep 1, 2000	0.18

Over the past year, NRFYX and LSIIX have become more correlated (0.48) than their long-term average of 0.18, meaning their price movements have been converging.

Return for Risk

NRFYX vs. LSIIX — Risk / Return Rank

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

NRFYX

NRFYX Risk / Return Rank: 15
NRFYX Sharpe Ratio Rank: 14
NRFYX Sortino Ratio Rank: 14
NRFYX Omega Ratio Rank: 13
NRFYX Calmar Ratio Rank: 15
NRFYX Martin Ratio Rank: 18

LSIIX

LSIIX Risk / Return Rank: 17
LSIIX Sharpe Ratio Rank: 16
LSIIX Sortino Ratio Rank: 16
LSIIX Omega Ratio Rank: 16
LSIIX Calmar Ratio Rank: 18
LSIIX Martin Ratio Rank: 16

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.

NRFYX vs. LSIIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Natixis Funds Trust IV AEW Global Focused Real Estate Fund (NRFYX) and Loomis Sayles Investment Grade Bond Fund Class Y (LSIIX). 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.

	NRFYX	LSIIX	Difference
Sharpe ratio: Return per unit of total volatility	0.98	1.13	-0.15
Sortino ratio: Return per unit of downside risk	1.44	1.66	-0.22
Omega ratio: Gain probability vs. loss probability	1.17	1.20	-0.03
Calmar ratio: Return relative to maximum drawdown	1.26	1.52	-0.26
Martin ratio: Return relative to average drawdown	4.62	4.38	+0.24
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NRFYX vs. LSIIX - Sharpe Ratio Comparison

The current NRFYX Sharpe Ratio is 0.98, which is comparable to the LSIIX Sharpe Ratio of 1.13. The chart below compares the historical Sharpe Ratios of NRFYX and LSIIX, 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

	NRFYX	LSIIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.98	1.13	-0.15
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.09	0.17	-0.08
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.22	0.70	-0.48
Sharpe Ratio (All Time) Calculated using the full available price history	0.33	1.14	-0.81

Drawdowns

NRFYX vs. LSIIX - Drawdown Comparison

The maximum NRFYX drawdown since its inception was -73.64%, which is greater than LSIIX's maximum drawdown of -20.77%. Use the drawdown chart below to compare losses from any high point for NRFYX and LSIIX.

Drawdown Indicators

	NRFYX	LSIIX	Difference
Max Drawdown Largest peak-to-trough decline	-73.64%	-20.77%	-52.87%
Max Drawdown (1Y) Largest decline over 1 year	-10.10%	-2.99%	-7.11%
Max Drawdown (3Y) Largest decline over 3 years	-18.91%	-5.45%	-13.46%
Max Drawdown (5Y) Largest decline over 5 years	-33.95%	-15.62%	-18.33%
Max Drawdown (10Y) Largest decline over 10 years	-40.31%	-15.62%	-24.69%
Current Drawdown Current decline from peak	-3.78%	-1.53%	-2.25%
Average Drawdown Average peak-to-trough decline	-12.47%	-2.42%	-10.05%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.88%	1.17%	+1.71%

Volatility

NRFYX vs. LSIIX - Volatility Comparison

Natixis Funds Trust IV AEW Global Focused Real Estate Fund (NRFYX) has a higher volatility of 3.59% compared to Loomis Sayles Investment Grade Bond Fund Class Y (LSIIX) at 1.32%. This indicates that NRFYX's price experiences larger fluctuations and is considered to be riskier than LSIIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NRFYX	LSIIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.59%	1.32%	+2.27%
Volatility (6M) Calculated over the trailing 6-month period	9.63%	2.82%	+6.81%
Volatility (1Y) Calculated over the trailing 1-year period	12.99%	4.04%	+8.95%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.35%	5.28%	+12.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.38%	4.51%	+13.87%

NRFYX vs. LSIIX - Expense Ratio Comparison

NRFYX has a 0.90% expense ratio, which is higher than LSIIX's 0.54% expense ratio.

Dividends

NRFYX vs. LSIIX - Dividend Comparison

NRFYX's dividend yield for the trailing twelve months is around 3.03%, less than LSIIX's 3.55% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LSIIX Loomis Sayles Investment Grade Bond Fund Class Y	3.55%	3.68%	4.86%	4.25%	3.32%	4.10%	8.20%	3.56%	2.18%	4.10%	6.71%	3.91%
NRFYX Natixis Funds Trust IV AEW Global Focused Real Estate Fund	3.03%	2.24%	4.51%	2.66%	3.05%	5.98%	3.81%	17.61%	10.05%	10.64%	11.02%	9.66%

Frequently Asked Questions

Can I hold both NRFYX and LSIIX in my portfolio?

NRFYX and LSIIX have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NRFYX or LSIIX?

NRFYX has higher volatility (3.59%) compared to LSIIX (1.32%). In terms of maximum drawdown, NRFYX dropped -73.64% vs LSIIX's -20.77%.

Which has better risk-adjusted returns?

LSIIX currently has the higher Sharpe Ratio (1.13 vs 0.98), 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.