LGI vs IIF

Comparison between Lazard Global Total Return and Income Fund Inc (LGI, ETF) and Morgan Stanley India Investment Fund Inc (IIF, ETF).

5-Year PerformanceIIF has outperformed LGI, delivering a return of +7.2% compared to +6.9%

LGI vs IIF - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	LGI(ETF)	IIF(ETF)
Net Assets	$233M	$233M
Max Drawdown	67.17%	85.15%
Sharpe Ratio	1.13	-1.21
5Y Beta	0.77	0.47
5Y Dividends CAGR	6.33%	128.74%

Net Assets

LGI

$233M

Winner

IIF

$233M

Max Drawdown

Winner

LGI

67.17%

IIF

85.15%

Sharpe Ratio

Winner

LGI

1.13

IIF

-1.21

5Y Beta

LGI

0.77

Winner

IIF

0.47

5Y Dividends CAGR

LGI

6.33%

Winner

IIF

128.74%

LGI vs IIF - Historical Returns

Returns include dividend reinvestment.

Period	LGI	IIF
1 month	+4.19%	-3.91%
3 months	-0.84%	-8.02%
6 months	+7.69%	-14.63%
1 year	+24.09%	-15.33%
5 years(CAGR)	+6.91%	+7.18%
10 years(CAGR)	+13.33%	+7.68%
Max(CAGR)	+8.36%	+13.48%

Winner

LGI

+4.19%

IIF

-3.91%

Winner

LGI

-0.84%

IIF

-8.02%

Winner

LGI

+7.69%

IIF

-14.63%

Winner

LGI

+24.09%

IIF

-15.33%

5Y(CAGR)

LGI

+6.91%

Winner

IIF

+7.18%

10Y(CAGR)

Winner

LGI

+13.33%

IIF

+7.68%

Max(CAGR)

LGI

+8.36%

Winner

IIF

+13.48%

LGI vs IIF - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	LGI	IIF
2026	+8.56%	-16.06%
2025	+21.51%	+5.62%
2024	+15.23%	+30.11%
2023	+11.58%	+21.08%
2022	-21.14%	-10.32%
2021	+25.87%	+30.04%
2020	+16.65%	+5.23%
2019	+31.99%	+0.04%
2018	-10.66%	-21.78%
2017	+38.76%	+50.17%
2016	+15.48%	+8.14%
2015	-10.65%	-6.26%
2014	-2.44%	+58.58%
2013	+21.92%	-7.61%
2012	+21.19%	+27.71%
2011	-5.56%	-43.26%
2010	+7.57%	+22.07%
2009	+29.91%	+68.48%
2008	-42.31%	-55.37%
2007	+11.82%	+77.20%
2006	+34.42%	+43.07%
2005	+1.49%	+31.95%
2004	+0.25%	+16.57%
2003	N/A	+170.13%
2002	N/A	+14.42%
2001	N/A	-11.08%
2000	N/A	-26.41%
1999	N/A	+36.82%

LGI vs IIF Drawdown Comparison

The maximum drawdown for LGI was -63.35%, occurring on Mar 9, 2009. Recovery took 1262 trading sessions.

The maximum drawdown for IIF was -66.78%, occurring on Nov 20, 2008. Recovery took 694 trading sessions.

The current LGI drawdown is -6.13%. The current IIF drawdown is -19.80%.

Rank	LGI	IIF
#1	-63.35% Dec 31, 2007 - Jan 4, 2013	-66.78% Jan 2, 2008 - Oct 4, 2010
#2	-42.90% Feb 19, 2020 - Sep 15, 2020	-59.10% Jan 23, 2018 - Aug 30, 2021
#3	-34.82% Jul 3, 2014 - Apr 24, 2017	-54.90% Feb 8, 2000 - Aug 22, 2003
#4	-32.83% Sep 3, 2021 - Aug 16, 2024	-49.86% Nov 5, 2010 - Nov 18, 2014
#5	-24.45% Mar 16, 2018 - Jun 20, 2019	-36.83% May 10, 2006 - Jul 9, 2007
#6	-21.93% Sep 27, 2024 - Jun 30, 2025	-34.47% Jan 13, 2004 - Dec 21, 2004
#7	-21.25% Feb 25, 2026 - Mar 30, 2026	-28.32% Mar 5, 2015 - Feb 2, 2017
#8	-18.75% May 10, 2004 - Dec 1, 2004	-24.17% Jun 27, 2025 - Mar 30, 2026
#9	-14.31% Jul 13, 2007 - Oct 5, 2007	-23.35% Jan 12, 2022 - Dec 6, 2023
#10	-13.89% May 20, 2013 - Dec 23, 2013	-21.21% Sep 19, 2005 - Jan 6, 2006
#11	-10.00% May 10, 2006 - Aug 15, 2006	-17.77% Mar 4, 2005 - Jun 22, 2005
#12	-9.74% Feb 26, 2007 - Apr 5, 2007	-17.61% Sep 27, 2024 - Jun 11, 2025
#13	-8.86% Jan 29, 2018 - Mar 12, 2018	-15.76% Nov 4, 2003 - Dec 1, 2003
#14	-8.25% Dec 26, 2013 - Mar 7, 2014	-15.75% Jul 23, 2007 - Sep 19, 2007
#15	-7.76% Sep 16, 2020 - Nov 9, 2020	-15.56% Oct 29, 2007 - Dec 5, 2007

Correlation

Correlation between LGI and IIF is 0.94 which considered as a very strong positive correlation - the stocks move almost identically together.

0.94

-101

Dividend Comparison (2000 - 2026)

LGI vs IIF dividend yield comparison.

Year	LGI	IIF
2026	4.23%	0.00%
2025	10.09%	7.95%
2024	9.19%	10.67%
2023	7.32%	14.61%
2022	10.22%	19.62%
2021	9.77%	3.75%
2020	7.18%	0.02%
2019	6.44%	0.14%
2018	19.89%	30.40%
2017	5.45%	15.23%
2016	6.94%	4.46%
2015	8.51%	0.16%
2014	7.89%	0.00%
2013	6.18%	0.00%
2012	7.81%	0.00%
2011	7.86%	8.41%
2010	7.17%	9.64%
2009	6.69%	0.00%
2008	12.06%	152.11%
2007	7.12%	52.30%
2006	10.36%	10.43%
2005	6.74%	10.39%
2004	3.23%	0.30%
2003	0.00%	0.75%
2002	0.00%	0.13%
2001	0.00%	12.29%
2000	0.00%	14.49%