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CPITX vs. LLDYX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


CPITXLLDYX
YTD Return5.49%4.92%
1Y Return10.22%7.31%
3Y Return (Ann)4.06%1.70%
5Y Return (Ann)5.11%1.96%
Sharpe Ratio4.672.54
Sortino Ratio7.434.63
Omega Ratio2.301.91
Calmar Ratio9.953.14
Martin Ratio46.9024.42
Ulcer Index0.22%0.28%
Daily Std Dev2.19%2.69%
Max Drawdown-5.18%-10.54%
Current Drawdown-0.61%-0.77%

Correlation

-0.50.00.51.00.2

The correlation between CPITX and LLDYX is 0.20, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Performance

CPITX vs. LLDYX - Performance Comparison

In the year-to-date period, CPITX achieves a 5.49% return, which is significantly higher than LLDYX's 4.92% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%1.00%2.00%3.00%4.00%5.00%JuneJulyAugustSeptemberOctober
4.04%
3.54%
CPITX
LLDYX

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CPITX vs. LLDYX - Expense Ratio Comparison

CPITX has a 1.46% expense ratio, which is higher than LLDYX's 0.38% expense ratio.


CPITX
Counterpoint Tactical Income Fund
Expense ratio chart for CPITX: current value at 1.46% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.46%
Expense ratio chart for LLDYX: current value at 0.38% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.38%

Risk-Adjusted Performance

CPITX vs. LLDYX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Counterpoint Tactical Income Fund (CPITX) and Lord Abbett Short Duration Income Fund (LLDYX). 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.


CPITX
Sharpe ratio
The chart of Sharpe ratio for CPITX, currently valued at 4.44, compared to the broader market-2.000.002.004.004.44
Sortino ratio
The chart of Sortino ratio for CPITX, currently valued at 6.94, compared to the broader market0.005.0010.006.94
Omega ratio
The chart of Omega ratio for CPITX, currently valued at 2.21, compared to the broader market1.002.003.004.002.21
Calmar ratio
The chart of Calmar ratio for CPITX, currently valued at 9.77, compared to the broader market0.005.0010.0015.0020.009.77
Martin ratio
The chart of Martin ratio for CPITX, currently valued at 43.66, compared to the broader market0.0020.0040.0060.0080.0043.66
LLDYX
Sharpe ratio
The chart of Sharpe ratio for LLDYX, currently valued at 2.54, compared to the broader market-2.000.002.004.002.54
Sortino ratio
The chart of Sortino ratio for LLDYX, currently valued at 4.63, compared to the broader market0.005.0010.004.63
Omega ratio
The chart of Omega ratio for LLDYX, currently valued at 1.91, compared to the broader market1.002.003.004.001.91
Calmar ratio
The chart of Calmar ratio for LLDYX, currently valued at 3.14, compared to the broader market0.005.0010.0015.0020.003.14
Martin ratio
The chart of Martin ratio for LLDYX, currently valued at 24.42, compared to the broader market0.0020.0040.0060.0080.0024.42

CPITX vs. LLDYX - Sharpe Ratio Comparison

The current CPITX Sharpe Ratio is 4.67, which is higher than the LLDYX Sharpe Ratio of 2.54. The chart below compares the historical Sharpe Ratios of CPITX and LLDYX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio1.002.003.004.005.00JuneJulyAugustSeptemberOctober
4.44
2.54
CPITX
LLDYX

Dividends

CPITX vs. LLDYX - Dividend Comparison

CPITX's dividend yield for the trailing twelve months is around 5.37%, more than LLDYX's 4.67% yield.


TTM20232022202120202019201820172016201520142013
CPITX
Counterpoint Tactical Income Fund
5.37%5.81%2.64%3.95%2.26%3.68%2.14%4.59%3.24%1.39%0.00%0.00%
LLDYX
Lord Abbett Short Duration Income Fund
4.67%4.71%3.42%2.55%3.06%3.81%4.11%3.87%4.14%4.15%4.02%4.02%

Drawdowns

CPITX vs. LLDYX - Drawdown Comparison

The maximum CPITX drawdown since its inception was -5.18%, smaller than the maximum LLDYX drawdown of -10.54%. Use the drawdown chart below to compare losses from any high point for CPITX and LLDYX. For additional features, visit the drawdowns tool.


-1.00%-0.80%-0.60%-0.40%-0.20%0.00%JuneJulyAugustSeptemberOctober
-0.61%
-0.77%
CPITX
LLDYX

Volatility

CPITX vs. LLDYX - Volatility Comparison

Counterpoint Tactical Income Fund (CPITX) has a higher volatility of 0.69% compared to Lord Abbett Short Duration Income Fund (LLDYX) at 0.42%. This indicates that CPITX's price experiences larger fluctuations and is considered to be riskier than LLDYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.30%0.40%0.50%0.60%0.70%0.80%0.90%1.00%JuneJulyAugustSeptemberOctober
0.69%
0.42%
CPITX
LLDYX