STEZX vs. LIAGX

Last updated Jun 3, 2026

STEZX (AB International Strategic Equities Portfolio) and LIAGX (Lord Abbett International Growth Fund) are both Foreign Large Cap Equities funds. Over the past 3 years, STEZX returned 27.62%/yr vs 21.49%/yr for LIAGX. Their correlation of 0.93 suggests significant overlap in exposure. STEZX charges 0.71%/yr vs 0.81%/yr for LIAGX.

Performance

STEZX vs. LIAGX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in AB International Strategic Equities Portfolio (STEZX) and Lord Abbett International Growth Fund (LIAGX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, STEZX achieves a 21.00% return, which is significantly lower than LIAGX's 26.97% return.

STEZX

• 1D: 0.21%
• 1M: 4.61%
• YTD: 21.00%
• 6M: 25.39%
• 1Y: 44.74%
• 3Y*: 27.62%
• 5Y*: 12.85%
• 10Y*: 11.01%

LIAGX

• 1D: 0.93%
• 1M: 9.49%
• YTD: 26.97%
• 6M: 28.29%
• 1Y: 39.93%
• 3Y*: 21.49%
• 5Y*: —
• 10Y*: —

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

STEZX vs. LIAGX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
STEZX AB International Strategic Equities Portfolio	21.00%	43.11%	12.75%	13.56%	-17.62%	0.84%
LIAGX Lord Abbett International Growth Fund	26.97%	25.09%	9.43%	15.73%	-26.63%	0.07%

Correlation

The correlation between STEZX and LIAGX is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.92
Correlation (3Y) Calculated over the trailing 3-year period	0.93
Correlation (All Time) Calculated using the full available price history since Jun 25, 2021	0.93

The correlation between STEZX and LIAGX has been stable across timeframes, ranging from 0.92 to 0.93 - a consistent structural relationship.

Return for Risk

STEZX vs. LIAGX — Risk / Return Rank

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

STEZX

STEZX Risk / Return Rank: 83
STEZX Sharpe Ratio Rank: 87
STEZX Sortino Ratio Rank: 78
STEZX Omega Ratio Rank: 80
STEZX Calmar Ratio Rank: 83
STEZX Martin Ratio Rank: 86

LIAGX

LIAGX Risk / Return Rank: 50
LIAGX Sharpe Ratio Rank: 47
LIAGX Sortino Ratio Rank: 43
LIAGX Omega Ratio Rank: 45
LIAGX Calmar Ratio Rank: 55
LIAGX Martin Ratio Rank: 57

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.

STEZX vs. LIAGX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for AB International Strategic Equities Portfolio (STEZX) and Lord Abbett International Growth Fund (LIAGX). 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.

	STEZX	LIAGX	Difference
Sharpe ratio Return per unit of total volatility	2.84	2.02	+0.81
Sortino ratio Return per unit of downside risk	3.73	2.76	+0.97
Omega ratio Gain probability vs. loss probability	1.53	1.36	+0.16
Calmar ratio Return relative to maximum drawdown	3.87	2.86	+1.02
Martin ratio Return relative to average drawdown	16.49	11.49	+5.00
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

STEZX vs. LIAGX - Sharpe Ratio Comparison

The current STEZX Sharpe Ratio is 2.84, which is higher than the LIAGX Sharpe Ratio of 2.02. The chart below compares the historical Sharpe Ratios of STEZX and LIAGX, 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

	STEZX	LIAGX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.84	2.02	+0.81
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.79	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.68	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.67	0.44	+0.23

Drawdowns

STEZX vs. LIAGX - Drawdown Comparison

The maximum STEZX drawdown since its inception was -36.51%, roughly equal to the maximum LIAGX drawdown of -37.87%. Use the drawdown chart below to compare losses from any high point for STEZX and LIAGX.

Drawdown Indicators

	STEZX	LIAGX	Difference
Max Drawdown Largest peak-to-trough decline	-36.51%	-37.87%	+1.36%
Max Drawdown (1Y) Largest decline over 1 year	-12.02%	-14.56%	+2.54%
Max Drawdown (3Y) Largest decline over 3 years	-14.01%	-17.11%	+3.10%
Max Drawdown (5Y) Largest decline over 5 years	-29.85%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-36.51%	—	—
Current Drawdown Current decline from peak	-0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-7.31%	-13.25%	+5.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.82%	3.62%	-0.80%

Volatility

STEZX vs. LIAGX - Volatility Comparison

The current volatility for AB International Strategic Equities Portfolio (STEZX) is 5.91%, while Lord Abbett International Growth Fund (LIAGX) has a volatility of 8.34%. This indicates that STEZX experiences smaller price fluctuations and is considered to be less risky than LIAGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	STEZX	LIAGX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.91%	8.34%	-2.43%
Volatility (6M) Calculated over the trailing 6-month period	14.08%	18.00%	-3.92%
Volatility (1Y) Calculated over the trailing 1-year period	16.53%	20.72%	-4.19%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.34%	18.80%	-2.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.28%	18.80%	-2.52%

STEZX vs. LIAGX - Expense Ratio Comparison

STEZX has a 0.71% expense ratio, which is lower than LIAGX's 0.81% expense ratio.

Dividends

STEZX vs. LIAGX - Dividend Comparison

STEZX's dividend yield for the trailing twelve months is around 10.38%, more than LIAGX's 0.30% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
LIAGX Lord Abbett International Growth Fund	0.30%	0.38%	0.48%	0.71%	0.89%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
STEZX AB International Strategic Equities Portfolio	10.38%	12.56%	2.45%	3.08%	4.12%	5.96%	1.29%	2.05%	3.23%	2.92%	1.72%

Frequently Asked Questions

Can I hold both STEZX and LIAGX in my portfolio?

With a correlation of 0.92, STEZX and LIAGX move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, STEZX or LIAGX?

LIAGX has higher volatility (8.34%) compared to STEZX (5.91%). In terms of maximum drawdown, STEZX dropped -36.51% vs LIAGX's -37.87%.

Which has better risk-adjusted returns?

STEZX currently has the higher Sharpe Ratio (2.84 vs 2.02), 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.