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CPBYX vs. LCTIX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

CPBYX vs. LCTIX

Last updated Apr 16, 2026

CPBYX (Invesco Core Plus Bond Fund) and LCTIX (Leader Capital High Quality Income Fund Institutional Shares) are both Intermediate Core-Plus Bond funds. Over the past 10 years, CPBYX returned 2.65%/yr vs 5.36%/yr for LCTIX. At 0.19, their price movements are largely independent. CPBYX charges 0.50%/yr vs 1.08%/yr for LCTIX.

Performance

CPBYX vs. LCTIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco Core Plus Bond Fund (CPBYX) and Leader Capital High Quality Income Fund Institutional Shares (LCTIX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, CPBYX achieves a 0.33% return, which is significantly lower than LCTIX's 0.68% return. Over the past 10 years, CPBYX has underperformed LCTIX with an annualized return of 2.65%, while LCTIX has yielded a comparatively higher 5.36% annualized return.

CPBYX

1D
0.32%
1M
0.22%
YTD
0.33%
6M
0.96%
1Y
7.25%
3Y*
4.87%
5Y*
0.36%
10Y*
2.65%

LCTIX

1D
0.18%
1M
0.18%
YTD
0.68%
6M
1.61%
1Y
5.16%
3Y*
6.09%
5Y*
5.51%
10Y*
5.36%
*Multi-year figures are annualized to reflect compound growth (CAGR)

CPBYX vs. LCTIX - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
CPBYX
Invesco Core Plus Bond Fund		0.33%7.38%3.52%5.51%-14.41%-0.34%9.85%12.26%-2.43%5.38%
LCTIX
Leader Capital High Quality Income Fund Institutional Shares		0.68%5.12%6.49%8.47%2.64%2.41%12.94%1.55%6.64%4.79%

Correlation

The correlation between CPBYX and LCTIX is 0.35, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.35

Correlation (3Y)
Calculated over the trailing 3-year period

0.24

Correlation (5Y)
Calculated over the trailing 5-year period

0.18

Correlation (All Time)
Calculated using the full available price history since Aug 2, 2010

0.19

The correlation between CPBYX and LCTIX shifts across timeframes, from 0.18 (5 years) to 0.35 (1 year), reflecting how their relationship changes across market environments.

Compare stocks, funds, or ETFs

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Invesco Core Plus Bond Fund

Leader Capital High Quality Income Fund Institutional Shares

Often compared with CPBYX:
CPBYX vs. SPYCPBYX vs. SPMOCPBYX vs. AAIIXCPBYX vs. GUGAXCPBYX vs. VADAXCPBYX vs. VGSBXCPBYX vs. ACSTX
Often compared with LCTIX:
LCTIX vs. DCPYXLCTIX vs. SAVYXLCTIX vs. AAIIXLCTIX vs. LMSMXLCTIX vs. HABYXLCTIX vs. BILDXLCTIX vs. TNUIX

Return for Risk

CPBYX vs. LCTIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
CPBYX
CPBYX Risk / Return Rank: 3232
Overall Rank
CPBYX Sharpe Ratio Rank: 3333
Sharpe Ratio Rank
CPBYX Sortino Ratio Rank: 3737
Sortino Ratio Rank
CPBYX Omega Ratio Rank: 3434
Omega Ratio Rank
CPBYX Calmar Ratio Rank: 2828
Calmar Ratio Rank
CPBYX Martin Ratio Rank: 3030
Martin Ratio Rank
LCTIX
LCTIX Risk / Return Rank: 8585
Overall Rank
LCTIX Sharpe Ratio Rank: 7272
Sharpe Ratio Rank
LCTIX Sortino Ratio Rank: 9696
Sortino Ratio Rank
LCTIX Omega Ratio Rank: 9797
Omega Ratio Rank
LCTIX Calmar Ratio Rank: 8383
Calmar Ratio Rank
LCTIX Martin Ratio Rank: 7878
Martin Ratio Rank
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.

CPBYX vs. LCTIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco Core Plus Bond Fund (CPBYX) and Leader Capital High Quality Income Fund Institutional Shares (LCTIX). 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.

CPBYXLCTIXDifference

Sharpe ratio

Return per unit of total volatility

1.98

2.77

-0.78

Sortino ratio

Return per unit of downside risk

2.96

6.32

-3.36

Omega ratio

Gain probability vs. loss probability

1.37

2.19

-0.82

Calmar ratio

Return relative to maximum drawdown

2.36

4.49

-2.12

Martin ratio

Return relative to average drawdown

8.81

17.38

-8.57

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CPBYX vs. LCTIX - Sharpe Ratio Comparison

The current CPBYX Sharpe Ratio is 1.98, which is comparable to the LCTIX Sharpe Ratio of 2.77. The chart below compares the historical Sharpe Ratios of CPBYX and LCTIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

CPBYXLCTIXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.98

2.77

-0.78

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.07

2.24

-2.18

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.57

0.85

-0.28

Sharpe Ratio (All Time)

Calculated using the full available price history

0.85

0.76

+0.09

Drawdowns

CPBYX vs. LCTIX - Drawdown Comparison

The maximum CPBYX drawdown since its inception was -20.73%, smaller than the maximum LCTIX drawdown of -24.76%. Use the drawdown chart below to compare losses from any high point for CPBYX and LCTIX.

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Drawdown Indicators

CPBYXLCTIXDifference

Max Drawdown

Largest peak-to-trough decline

-20.73%

-24.76%

+4.03%

Max Drawdown (1Y)

Largest decline over 1 year

-3.07%

-1.17%

-1.90%

Max Drawdown (5Y)

Largest decline over 5 years

-20.73%

-3.70%

-17.03%

Max Drawdown (10Y)

Largest decline over 10 years

-20.73%

-23.61%

+2.88%

Current Drawdown

Current decline from peak

-1.48%

-0.54%

-0.94%

Average Drawdown

Average peak-to-trough decline

-3.26%

-3.88%

+0.62%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.82%

0.30%

+0.52%

Volatility

CPBYX vs. LCTIX - Volatility Comparison

Invesco Core Plus Bond Fund (CPBYX) has a higher volatility of 1.42% compared to Leader Capital High Quality Income Fund Institutional Shares (LCTIX) at 0.53%. This indicates that CPBYX's price experiences larger fluctuations and is considered to be riskier than LCTIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

CPBYXLCTIXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.42%

0.53%

+0.89%

Volatility (6M)

Calculated over the trailing 6-month period

2.39%

1.37%

+1.02%

Volatility (1Y)

Calculated over the trailing 1-year period

3.82%

1.88%

+1.94%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

5.46%

2.47%

+2.99%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

4.66%

6.31%

-1.65%

CPBYX vs. LCTIX - Expense Ratio Comparison

CPBYX has a 0.50% expense ratio, which is lower than LCTIX's 1.08% expense ratio.

Dividends

CPBYX vs. LCTIX - Dividend Comparison

CPBYX's dividend yield for the trailing twelve months is around 4.27%, less than LCTIX's 5.31% yield.

TTM20252024202320222021202020192018201720162015
CPBYX
Invesco Core Plus Bond Fund		4.27%4.68%4.90%3.87%3.76%3.16%5.94%4.13%3.74%3.10%3.20%3.81%
LCTIX
Leader Capital High Quality Income Fund Institutional Shares		5.31%5.90%5.91%5.50%2.31%1.93%1.73%2.92%3.67%2.56%0.00%0.00%