RGSVX vs. LCSMX

Last updated Apr 1, 2026

Compare and contrast key facts about ClearBridge Global Infrastructure Income Fund (RGSVX) and Martin Currie SMA-Shares Series EM Fund (LCSMX).

RGSVX is managed by Legg Mason. It was launched on Mar 30, 2016. LCSMX is managed by Legg Mason. It was launched on Jan 9, 2018.

Performance

RGSVX vs. LCSMX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ClearBridge Global Infrastructure Income Fund (RGSVX) and Martin Currie SMA-Shares Series EM Fund (LCSMX). The values are adjusted to include any dividend payments, if applicable.

RGSVX vs. LCSMX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
RGSVX ClearBridge Global Infrastructure Income Fund	10.24%	26.02%	2.19%	3.64%	-5.85%	12.09%	12.33%	26.21%	-8.58%
LCSMX Martin Currie SMA-Shares Series EM Fund	9.17%	51.52%	-13.60%	16.26%	-27.25%	4.73%	35.72%	6.81%	1.42%

Returns By Period

In the year-to-date period, RGSVX achieves a 10.24% return, which is significantly higher than LCSMX's 9.17% return.

RGSVX

• 1D: 0.54%
• 1M: -4.19%
• YTD: 10.24%
• 6M: 14.64%
• 1Y: 27.26%
• 3Y*: 12.93%
• 5Y*: 9.61%
• 10Y*: —

LCSMX

• 1D: -1.38%
• 1M: -14.64%
• YTD: 9.17%
• 6M: 25.14%
• 1Y: 60.99%
• 3Y*: 16.35%
• 5Y*: 4.66%
• 10Y*: —

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

RGSVX vs. LCSMX - Expense Ratio Comparison

RGSVX has a 0.89% expense ratio, which is higher than LCSMX's 0.00% expense ratio.

RGSVX

ClearBridge Global Infrastructure Income Fund

LCSMX

Martin Currie SMA-Shares Series EM Fund

Return for Risk

RGSVX vs. LCSMX — Risk / Return Rank

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

RGSVX

RGSVX Risk / Return Rank: 94
RGSVX Sharpe Ratio Rank: 94
RGSVX Sortino Ratio Rank: 92
RGSVX Omega Ratio Rank: 91
RGSVX Calmar Ratio Rank: 96
RGSVX Martin Ratio Rank: 96

LCSMX

LCSMX Risk / Return Rank: 96
LCSMX Sharpe Ratio Rank: 97
LCSMX Sortino Ratio Rank: 96
LCSMX Omega Ratio Rank: 95
LCSMX Calmar Ratio Rank: 96
LCSMX Martin Ratio Rank: 97

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.

RGSVX vs. LCSMX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ClearBridge Global Infrastructure Income Fund (RGSVX) and Martin Currie SMA-Shares Series EM Fund (LCSMX). 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.

	RGSVX	LCSMX	Difference
Sharpe ratio Return per unit of total volatility	2.20	2.76	-0.56
Sortino ratio Return per unit of downside risk	2.78	3.31	-0.54
Omega ratio Gain probability vs. loss probability	1.43	1.51	-0.09
Calmar ratio Return relative to maximum drawdown	3.48	3.68	-0.19
Martin ratio Return relative to average drawdown	14.88	15.56	-0.68
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RGSVX vs. LCSMX - Sharpe Ratio Comparison

The current RGSVX Sharpe Ratio is 2.20, which is comparable to the LCSMX Sharpe Ratio of 2.76. The chart below compares the historical Sharpe Ratios of RGSVX and LCSMX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	RGSVX	LCSMX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.20	2.76	-0.56
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.70	0.26	+0.43
Sharpe Ratio (All Time) Calculated using the full available price history	0.63	0.41	+0.22

Correlation

The correlation between RGSVX and LCSMX is 0.44, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

RGSVX vs. LCSMX - Dividend Comparison

RGSVX's dividend yield for the trailing twelve months is around 2.15%, more than LCSMX's 0.91% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
RGSVX ClearBridge Global Infrastructure Income Fund	2.15%	3.00%	4.04%	4.78%	4.90%	4.65%	3.79%	2.99%	2.79%	2.20%
LCSMX Martin Currie SMA-Shares Series EM Fund	0.91%	1.00%	1.29%	1.22%	1.11%	3.03%	0.48%	0.88%	1.40%	0.00%

Drawdowns

RGSVX vs. LCSMX - Drawdown Comparison

The maximum RGSVX drawdown since its inception was -35.19%, smaller than the maximum LCSMX drawdown of -39.72%. Use the drawdown chart below to compare losses from any high point for RGSVX and LCSMX.

Drawdown Indicators

	RGSVX	LCSMX	Difference
Max Drawdown Largest peak-to-trough decline	-35.19%	-39.72%	+4.53%
Max Drawdown (1Y) Largest decline over 1 year	-8.17%	-15.39%	+7.22%
Max Drawdown (5Y) Largest decline over 5 years	-24.50%	-39.72%	+15.22%
Current Drawdown Current decline from peak	-4.19%	-15.39%	+11.20%
Average Drawdown Average peak-to-trough decline	-5.68%	-13.97%	+8.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.91%	3.64%	-1.73%

Volatility

RGSVX vs. LCSMX - Volatility Comparison

The current volatility for ClearBridge Global Infrastructure Income Fund (RGSVX) is 4.82%, while Martin Currie SMA-Shares Series EM Fund (LCSMX) has a volatility of 11.71%. This indicates that RGSVX experiences smaller price fluctuations and is considered to be less risky than LCSMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RGSVX	LCSMX	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.82%	11.71%	-6.89%
Volatility (6M) Calculated over the trailing 6-month period	7.71%	17.87%	-10.16%
Volatility (1Y) Calculated over the trailing 1-year period	12.53%	21.99%	-9.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.91%	17.88%	-3.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.65%	19.34%	-3.69%