CPITX vs. LLDYX
Compare and contrast key facts about Counterpoint Tactical Income Fund (CPITX) and Lord Abbett Short Duration Income Fund (LLDYX).
CPITX is managed by Counterpoint Mutual Funds. It was launched on Dec 3, 2014. LLDYX is managed by Lord Abbett. It was launched on Oct 19, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: CPITX or LLDYX.
Performance
CPITX vs. LLDYX - Performance Comparison
Returns By Period
In the year-to-date period, CPITX achieves a 6.65% return, which is significantly higher than LLDYX's 5.10% return.
CPITX
6.65%
0.84%
4.35%
9.82%
5.37%
N/A
LLDYX
5.10%
0.17%
3.45%
6.93%
1.98%
2.37%
Key characteristics
| CPITX | LLDYX | |
|---|---|---|
| Sharpe Ratio | 4.80 | 2.35 |
| Sortino Ratio | 7.61 | 4.24 |
| Omega Ratio | 2.27 | 1.80 |
| Calmar Ratio | 10.09 | 6.53 |
| Martin Ratio | 44.62 | 20.72 |
| Ulcer Index | 0.22% | 0.31% |
| Daily Std Dev | 2.05% | 2.71% |
| Max Drawdown | -5.18% | -10.54% |
| Current Drawdown | -0.09% | -0.60% |
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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.
Correlation
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.
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.
Dividends
CPITX vs. LLDYX - Dividend Comparison
CPITX's dividend yield for the trailing twelve months is around 5.82%, more than LLDYX's 5.13% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CPITX Counterpoint Tactical Income Fund | 5.82% | 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 | 5.13% | 4.71% | 3.42% | 2.52% | 3.04% | 3.80% | 4.15% | 3.88% | 4.14% | 4.15% | 4.02% | 3.89% |
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.
Volatility
CPITX vs. LLDYX - Volatility Comparison
The current volatility for Counterpoint Tactical Income Fund (CPITX) is 0.54%, while Lord Abbett Short Duration Income Fund (LLDYX) has a volatility of 0.74%. This indicates that CPITX experiences smaller price fluctuations and is considered to be less risky than LLDYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.