AMECX vs. LSYIX

Last updated Jun 20, 2026

AMECX (American Funds The Income Fund of America Class A) and LSYIX (Lord Abbett Short Duration High Yield Fund) are both mutual funds - AMECX is a Diversified Portfolio fund managed by American Funds, while LSYIX is a High Yield Bonds fund managed by Lord Abbett. Over the past 5 years, AMECX returned 8.08%/yr vs 4.68%/yr for LSYIX. A 0.56 correlation means they provide meaningful diversification when combined. AMECX charges 0.56%/yr vs 0.45%/yr for LSYIX.

Performance

AMECX vs. LSYIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in American Funds The Income Fund of America Class A (AMECX) and Lord Abbett Short Duration High Yield Fund (LSYIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AMECX achieves a 5.48% return, which is significantly higher than LSYIX's 2.45% return.

AMECX

• 1D: -0.40%
• 1M: -0.52%
• YTD: 5.48%
• 6M: 6.05%
• 1Y: 14.23%
• 3Y*: 12.78%
• 5Y*: 8.08%
• 10Y*: 8.39%

LSYIX

• 1D: 0.10%
• 1M: 1.08%
• YTD: 2.45%
• 6M: 3.31%
• 1Y: 8.26%
• 3Y*: 8.65%
• 5Y*: 4.68%
• 10Y*: —

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

AMECX vs. LSYIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
AMECX American Funds The Income Fund of America Class A	5.48%	17.77%	10.84%	6.79%	-6.40%	17.37%	19.87%
LSYIX Lord Abbett Short Duration High Yield Fund	2.45%	7.71%	8.65%	10.63%	-7.19%	4.69%	14.35%

Correlation

The correlation between AMECX and LSYIX is 0.55, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.55
Correlation (3Y) Calculated over the trailing 3-year period	0.60
Correlation (5Y) Calculated over the trailing 5-year period	0.59
Correlation (All Time) Calculated using the full available price history since Apr 23, 2020	0.56

The correlation between AMECX and LSYIX has been stable across timeframes, ranging from 0.55 to 0.59 - a consistent structural relationship.

Return for Risk

AMECX vs. LSYIX — Risk / Return Rank

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

AMECX

AMECX Risk / Return Rank: 49
AMECX Sharpe Ratio Rank: 54
AMECX Sortino Ratio Rank: 54
AMECX Omega Ratio Rank: 50
AMECX Calmar Ratio Rank: 43
AMECX Martin Ratio Rank: 44

LSYIX

LSYIX Risk / Return Rank: 82
LSYIX Sharpe Ratio Rank: 78
LSYIX Sortino Ratio Rank: 93
LSYIX Omega Ratio Rank: 88
LSYIX Calmar Ratio Rank: 67
LSYIX Martin Ratio Rank: 84

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.

AMECX vs. LSYIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for American Funds The Income Fund of America Class A (AMECX) and Lord Abbett Short Duration High Yield Fund (LSYIX). 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.

	AMECX	LSYIX	Difference
Sharpe ratio: Return per unit of total volatility	1.93	2.33	-0.40
Sortino ratio: Return per unit of downside risk	2.73	4.32	-1.59
Omega ratio: Gain probability vs. loss probability	1.35	1.56	-0.22
Calmar ratio: Return relative to maximum drawdown	2.33	2.93	-0.60
Martin ratio: Return relative to average drawdown	8.61	14.28	-5.67

AMECX vs. LSYIX - Sharpe Ratio Comparison

The current AMECX Sharpe Ratio is 1.93, which is comparable to the LSYIX Sharpe Ratio of 2.33. The chart below compares the historical Sharpe Ratios of AMECX and LSYIX, 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

AMECX vs. LSYIX - Drawdown Comparison

The maximum AMECX drawdown since its inception was -41.92%, which is greater than LSYIX's maximum drawdown of -10.79%. Use the drawdown chart below to compare losses from any high point for AMECX and LSYIX.

Drawdown Indicators

	AMECX	LSYIX	Difference
Max Drawdown Largest peak-to-trough decline	-41.92%	-10.79%	-31.13%
Max Drawdown (1Y) Largest decline over 1 year	-6.13%	-2.83%	-3.30%
Max Drawdown (3Y) Largest decline over 3 years	-8.58%	-5.29%	-3.29%
Max Drawdown (5Y) Largest decline over 5 years	-15.78%	-10.79%	-4.99%
Max Drawdown (10Y) Largest decline over 10 years	-26.13%	—	—
Current Drawdown Current decline from peak	-2.02%	-0.10%	-1.92%
Average Drawdown Average peak-to-trough decline	-4.45%	-1.84%	-2.61%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.66%	0.58%	+1.08%

Volatility

AMECX vs. LSYIX - Volatility Comparison

American Funds The Income Fund of America Class A (AMECX) has a higher volatility of 2.30% compared to Lord Abbett Short Duration High Yield Fund (LSYIX) at 1.00%. This indicates that AMECX's price experiences larger fluctuations and is considered to be riskier than LSYIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AMECX	LSYIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	2.30%	1.00%	+1.30%
Volatility (6M) Calculated over the trailing 6-month period	5.82%	2.81%	+3.01%
Volatility (1Y) Calculated over the trailing 1-year period	7.41%	3.56%	+3.85%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.47%	4.33%	+5.14%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	10.69%	4.22%	+6.47%

AMECX vs. LSYIX - Expense Ratio Comparison

AMECX has a 0.56% expense ratio, which is higher than LSYIX's 0.45% expense ratio.

Dividends

AMECX vs. LSYIX - Dividend Comparison

AMECX's dividend yield for the trailing twelve months is around 9.55%, more than LSYIX's 8.06% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AMECX American Funds The Income Fund of America Class A	9.55%	9.94%	6.38%	2.93%	6.98%	6.67%	2.80%	5.01%	7.48%	4.26%	3.09%	5.09%
LSYIX Lord Abbett Short Duration High Yield Fund	8.06%	8.11%	8.18%	6.51%	5.01%	5.96%	4.75%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AMECX and LSYIX in my portfolio?

AMECX and LSYIX have a correlation of 0.55, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AMECX or LSYIX?

AMECX has higher volatility (2.30%) compared to LSYIX (1.00%). In terms of maximum drawdown, AMECX dropped -41.92% vs LSYIX's -10.79%.

Which has better risk-adjusted returns?

LSYIX currently has the higher Sharpe Ratio (2.33 vs 1.93), 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.