VNVYX vs. LSIIX

Last updated Jun 23, 2026

VNVYX (Natixis Funds Trust II Vaughan Nelson Mid Cap Fund) and LSIIX (Loomis Sayles Investment Grade Bond Fund Class Y) are both mutual funds - VNVYX is a Mid Cap Blend Equities fund managed by Natixis, while LSIIX is a Total Bond Market fund managed by Natixis. Over the past 10 years, VNVYX returned 12.02%/yr vs 3.09%/yr for LSIIX. At a 0.19 correlation, their price movements are largely independent. VNVYX charges 0.90%/yr vs 0.54%/yr for LSIIX.

Performance

VNVYX vs. LSIIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Natixis Funds Trust II Vaughan Nelson Mid Cap Fund (VNVYX) 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, VNVYX achieves a 24.45% return, which is significantly higher than LSIIX's 0.46% return. Over the past 10 years, VNVYX has outperformed LSIIX with an annualized return of 12.02%, while LSIIX has yielded a comparatively lower 3.09% annualized return.

VNVYX

• 1D: 2.00%
• 1M: 7.96%
• YTD: 24.45%
• 6M: 21.52%
• 1Y: 41.17%
• 3Y*: 23.27%
• 5Y*: 13.20%
• 10Y*: 12.02%

LSIIX

• 1D: 0.21%
• 1M: 0.94%
• YTD: 0.46%
• 6M: 0.56%
• 1Y: 3.36%
• 3Y*: 4.56%
• 5Y*: 0.83%
• 10Y*: 3.09%

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

VNVYX vs. LSIIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
VNVYX Natixis Funds Trust II Vaughan Nelson Mid Cap Fund	24.45%	12.17%	19.45%	16.53%	-10.59%	21.82%	10.92%	30.53%	-15.98%	13.21%
LSIIX Loomis Sayles Investment Grade Bond Fund Class Y	0.46%	5.58%	2.91%	7.50%	-11.31%	0.18%	11.60%	9.04%	-0.31%	6.65%

Correlation

The correlation between VNVYX and LSIIX is 0.45, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.45
Correlation (3Y) Calculated over the trailing 3-year period	0.27
Correlation (5Y) Calculated over the trailing 5-year period	0.22
Correlation (10Y) Calculated over the trailing 10-year period	0.14
Correlation (All Time) Calculated using the full available price history since Oct 31, 2008	0.19

Over the past year, VNVYX and LSIIX have become more correlated (0.45) than their long-term average of 0.19, meaning their price movements have been converging.

Return for Risk

VNVYX vs. LSIIX — Risk / Return Rank

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

VNVYX

VNVYX Risk / Return Rank: 80
VNVYX Sharpe Ratio Rank: 80
VNVYX Sortino Ratio Rank: 78
VNVYX Omega Ratio Rank: 66
VNVYX Calmar Ratio Rank: 88
VNVYX Martin Ratio Rank: 88

LSIIX

LSIIX Risk / Return Rank: 15
LSIIX Sharpe Ratio Rank: 15
LSIIX Sortino Ratio Rank: 14
LSIIX Omega Ratio Rank: 14
LSIIX Calmar Ratio Rank: 16
LSIIX Martin Ratio Rank: 14

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.

VNVYX vs. LSIIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Natixis Funds Trust II Vaughan Nelson Mid Cap Fund (VNVYX) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	VNVYX	LSIIX	Difference
Sharpe ratio: Return per unit of total volatility	2.41	1.01	+1.40
Sortino ratio: Return per unit of downside risk	3.40	1.49	+1.92
Omega ratio: Gain probability vs. loss probability	1.41	1.18	+0.23
Calmar ratio: Return relative to maximum drawdown	4.16	1.34	+2.82
Martin ratio: Return relative to average drawdown	15.75	3.69	+12.05

VNVYX vs. LSIIX - Sharpe Ratio Comparison

The current VNVYX Sharpe Ratio is 2.41, which is higher than the LSIIX Sharpe Ratio of 1.01. The chart below compares the historical Sharpe Ratios of VNVYX 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.

Drawdowns

VNVYX vs. LSIIX - Drawdown Comparison

The maximum VNVYX drawdown since its inception was -42.81%, which is greater than LSIIX's maximum drawdown of -20.77%. Use the drawdown chart below to compare losses from any high point for VNVYX and LSIIX.

Drawdown Indicators

	VNVYX	LSIIX	Difference
Max Drawdown Largest peak-to-trough decline	-42.81%	-20.77%	-22.04%
Max Drawdown (1Y) Largest decline over 1 year	-12.19%	-2.99%	-9.20%
Max Drawdown (3Y) Largest decline over 3 years	-22.60%	-5.45%	-17.15%
Max Drawdown (5Y) Largest decline over 5 years	-22.60%	-15.62%	-6.98%
Max Drawdown (10Y) Largest decline over 10 years	-42.81%	-15.62%	-27.19%
Current Drawdown Current decline from peak	0.00%	-1.13%	+1.13%
Average Drawdown Average peak-to-trough decline	-6.22%	-2.42%	-3.80%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.00%	1.03%	+1.97%

Volatility

VNVYX vs. LSIIX - Volatility Comparison

Natixis Funds Trust II Vaughan Nelson Mid Cap Fund (VNVYX) has a higher volatility of 8.05% compared to Loomis Sayles Investment Grade Bond Fund Class Y (LSIIX) at 1.16%. This indicates that VNVYX'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

	VNVYX	LSIIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.05%	1.16%	+6.89%
Volatility (6M) Calculated over the trailing 6-month period	16.61%	2.89%	+13.72%
Volatility (1Y) Calculated over the trailing 1-year period	21.01%	3.96%	+17.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.35%	5.29%	+14.06%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.77%	4.51%	+16.26%

VNVYX vs. LSIIX - Expense Ratio Comparison

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

Dividends

VNVYX vs. LSIIX - Dividend Comparison

VNVYX's dividend yield for the trailing twelve months is around 35.97%, more than LSIIX's 3.53% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LSIIX Loomis Sayles Investment Grade Bond Fund Class Y	3.53%	3.68%	4.86%	4.25%	3.32%	4.10%	8.20%	3.56%	2.18%	4.10%	6.71%	3.91%
VNVYX Natixis Funds Trust II Vaughan Nelson Mid Cap Fund	35.97%	45.02%	11.91%	0.53%	3.46%	16.14%	12.25%	1.07%	9.78%	2.71%	3.33%	2.58%

Frequently Asked Questions

Can I hold both VNVYX and LSIIX in my portfolio?

VNVYX and LSIIX have a correlation of 0.45, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, VNVYX or LSIIX?

VNVYX has higher volatility (8.05%) compared to LSIIX (1.16%). In terms of maximum drawdown, VNVYX dropped -42.81% vs LSIIX's -20.77%.

Which has better risk-adjusted returns?

VNVYX currently has the higher Sharpe Ratio (2.41 vs 1.01), 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.