RALIX vs. UMNIX
Compare and contrast key facts about Lazard Real Assets Portfolio (RALIX) and Lazard US Short Duration Fixed Income Portfolio (UMNIX).
RALIX is managed by Lazard. It was launched on Dec 29, 2016. UMNIX is managed by Lazard. It was launched on Feb 28, 2011.
Performance
RALIX vs. UMNIX - Performance Comparison
Loading graphics...
RALIX vs. UMNIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
RALIX Lazard Real Assets Portfolio | 8.65% | 15.60% | 5.91% | 4.43% | -8.99% | 22.32% | 0.61% | 16.07% | -7.59% | 8.60% |
UMNIX Lazard US Short Duration Fixed Income Portfolio | 0.15% | 5.02% | 3.88% | 3.53% | -2.72% | -0.44% | 2.47% | 3.26% | 1.09% | 0.82% |
Returns By Period
In the year-to-date period, RALIX achieves a 8.65% return, which is significantly higher than UMNIX's 0.15% return.
RALIX
- 1D
- 0.70%
- 1M
- -3.61%
- YTD
- 8.65%
- 6M
- 12.43%
- 1Y
- 18.89%
- 3Y*
- 11.52%
- 5Y*
- 8.12%
- 10Y*
- —
UMNIX
- 1D
- 0.10%
- 1M
- -0.52%
- YTD
- 0.15%
- 6M
- 1.03%
- 1Y
- 3.21%
- 3Y*
- 3.76%
- 5Y*
- 1.84%
- 10Y*
- 1.74%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
RALIX vs. UMNIX - Expense Ratio Comparison
RALIX has a 0.80% expense ratio, which is higher than UMNIX's 0.40% expense ratio.
Return for Risk
RALIX vs. UMNIX — Risk / Return Rank
RALIX
UMNIX
RALIX vs. UMNIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lazard Real Assets Portfolio (RALIX) and Lazard US Short Duration Fixed Income Portfolio (UMNIX). 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.
| RALIX | UMNIX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.72 | 1.71 | +0.01 |
Sortino ratioReturn per unit of downside risk | 2.20 | 2.91 | -0.71 |
Omega ratioGain probability vs. loss probability | 1.36 | 1.39 | -0.03 |
Calmar ratioReturn relative to maximum drawdown | 2.08 | 3.42 | -1.33 |
Martin ratioReturn relative to average drawdown | 10.89 | 10.72 | +0.17 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| RALIX | UMNIX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.72 | 1.71 | +0.01 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.69 | 0.95 | -0.26 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 1.14 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.60 | 1.02 | -0.43 |
Correlation
The correlation between RALIX and UMNIX is 0.09, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Dividends
RALIX vs. UMNIX - Dividend Comparison
RALIX's dividend yield for the trailing twelve months is around 8.12%, more than UMNIX's 3.27% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RALIX Lazard Real Assets Portfolio | 8.12% | 7.04% | 3.07% | 2.93% | 7.65% | 11.84% | 3.93% | 2.24% | 5.27% | 1.69% | 0.00% | 0.00% |
UMNIX Lazard US Short Duration Fixed Income Portfolio | 3.27% | 3.94% | 3.48% | 2.70% | 1.30% | 0.16% | 1.22% | 2.48% | 2.00% | 1.53% | 1.30% | 1.06% |
Drawdowns
RALIX vs. UMNIX - Drawdown Comparison
The maximum RALIX drawdown since its inception was -24.00%, which is greater than UMNIX's maximum drawdown of -4.13%. Use the drawdown chart below to compare losses from any high point for RALIX and UMNIX.
Loading graphics...
Drawdown Indicators
| RALIX | UMNIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -24.00% | -4.13% | -19.87% |
Max Drawdown (1Y)Largest decline over 1 year | -9.39% | -1.04% | -8.35% |
Max Drawdown (5Y)Largest decline over 5 years | -22.03% | -4.06% | -17.97% |
Max Drawdown (10Y)Largest decline over 10 years | — | -4.13% | — |
Current DrawdownCurrent decline from peak | -3.61% | -0.72% | -2.89% |
Average DrawdownAverage peak-to-trough decline | -5.84% | -0.85% | -4.99% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.80% | 0.33% | +1.47% |
Volatility
RALIX vs. UMNIX - Volatility Comparison
Lazard Real Assets Portfolio (RALIX) has a higher volatility of 3.01% compared to Lazard US Short Duration Fixed Income Portfolio (UMNIX) at 0.50%. This indicates that RALIX's price experiences larger fluctuations and is considered to be riskier than UMNIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| RALIX | UMNIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.01% | 0.50% | +2.51% |
Volatility (6M)Calculated over the trailing 6-month period | 6.43% | 1.22% | +5.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 11.12% | 1.91% | +9.21% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 11.76% | 1.94% | +9.82% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 11.20% | 1.53% | +9.67% |