BBTBX vs. LCRYX
Compare and contrast key facts about Bridge Builder Core Bond Fund (BBTBX) and Lord Abbett Core Fixed Income Fund (LCRYX).
BBTBX is managed by Bridge Builder. It was launched on Oct 28, 2013. LCRYX is managed by Lord Abbett. It was launched on Mar 16, 1998.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BBTBX or LCRYX.
Key characteristics
| BBTBX | LCRYX | |
|---|---|---|
| YTD Return | -3.10% | -2.71% |
| 1Y Return | 0.12% | -0.08% |
| 3Y Return (Ann) | -3.12% | -3.30% |
| 5Y Return (Ann) | 0.42% | 0.18% |
| 10Y Return (Ann) | 1.65% | 1.23% |
| Sharpe Ratio | -0.11 | -0.19 |
| Daily Std Dev | 6.75% | 6.42% |
| Max Drawdown | -18.00% | -18.09% |
| Current Drawdown | -11.34% | -11.80% |
Correlation
The correlation between BBTBX and LCRYX is 0.95, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
BBTBX vs. LCRYX - Performance Comparison
In the year-to-date period, BBTBX achieves a -3.10% return, which is significantly lower than LCRYX's -2.71% return. Over the past 10 years, BBTBX has outperformed LCRYX with an annualized return of 1.65%, while LCRYX has yielded a comparatively lower 1.23% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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BBTBX vs. LCRYX - Expense Ratio Comparison
BBTBX has a 0.13% expense ratio, which is lower than LCRYX's 0.34% expense ratio.
Risk-Adjusted Performance
BBTBX vs. LCRYX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Bridge Builder Core Bond Fund (BBTBX) and Lord Abbett Core Fixed Income Fund (LCRYX). 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.
Dividends
BBTBX vs. LCRYX - Dividend Comparison
BBTBX's dividend yield for the trailing twelve months is around 3.80%, less than LCRYX's 4.46% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BBTBX Bridge Builder Core Bond Fund | 3.80% | 3.82% | 2.96% | 2.38% | 4.71% | 3.39% | 3.00% | 2.67% | 3.32% | 2.67% | 2.35% | 0.17% |
LCRYX Lord Abbett Core Fixed Income Fund | 4.46% | 4.56% | 3.67% | 1.96% | 5.43% | 2.74% | 3.28% | 2.48% | 2.56% | 2.94% | 2.55% | 2.41% |
Drawdowns
BBTBX vs. LCRYX - Drawdown Comparison
The maximum BBTBX drawdown since its inception was -18.00%, roughly equal to the maximum LCRYX drawdown of -18.09%. Use the drawdown chart below to compare losses from any high point for BBTBX and LCRYX. For additional features, visit the drawdowns tool.
Volatility
BBTBX vs. LCRYX - Volatility Comparison
Bridge Builder Core Bond Fund (BBTBX) and Lord Abbett Core Fixed Income Fund (LCRYX) have volatilities of 1.83% and 1.75%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.