DFTEX vs. LAGVX

Last updated Jun 4, 2026

DFTEX (DFA Intermediate-Term Extended Quality Portfolio Fund) and LAGVX (Lord Abbett Income Fund) are both Corporate Bonds funds. Over the past 10 years, DFTEX returned 2.39%/yr vs 2.93%/yr for LAGVX. A 0.74 correlation means they provide meaningful diversification when combined. DFTEX charges 0.20%/yr vs 0.73%/yr for LAGVX.

Performance

DFTEX vs. LAGVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in DFA Intermediate-Term Extended Quality Portfolio Fund (DFTEX) and Lord Abbett Income Fund (LAGVX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DFTEX achieves a 0.97% return, which is significantly higher than LAGVX's 0.57% return. Over the past 10 years, DFTEX has underperformed LAGVX with an annualized return of 2.39%, while LAGVX has yielded a comparatively higher 2.93% annualized return.

DFTEX

• 1D: 0.10%
• 1M: 1.00%
• YTD: 0.97%
• 6M: 0.78%
• 1Y: 6.66%
• 3Y*: 5.95%
• 5Y*: 0.84%
• 10Y*: 2.39%

LAGVX

• 1D: 0.00%
• 1M: 0.85%
• YTD: 0.57%
• 6M: 0.61%
• 1Y: 6.82%
• 3Y*: 5.51%
• 5Y*: 0.63%
• 10Y*: 2.93%

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

DFTEX vs. LAGVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
DFTEX DFA Intermediate-Term Extended Quality Portfolio Fund	0.97%	7.70%	2.89%	9.61%	-16.28%	-2.05%	10.26%	13.38%	-2.10%	5.20%
LAGVX Lord Abbett Income Fund	0.57%	8.29%	2.50%	8.23%	-16.34%	1.39%	7.98%	12.96%	-2.65%	6.94%

Correlation

The correlation between DFTEX and LAGVX is 0.72, 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	0.72
Correlation (3Y) Calculated over the trailing 3-year period	0.81
Correlation (5Y) Calculated over the trailing 5-year period	0.84
Correlation (10Y) Calculated over the trailing 10-year period	0.77
Correlation (All Time) Calculated using the full available price history since Aug 6, 2012	0.74

The correlation between DFTEX and LAGVX shifts across timeframes, from 0.72 (1 year) to 0.84 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

DFTEX vs. LAGVX — Risk / Return Rank

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

DFTEX

DFTEX Risk / Return Rank: 33
DFTEX Sharpe Ratio Rank: 33
DFTEX Sortino Ratio Rank: 36
DFTEX Omega Ratio Rank: 32
DFTEX Calmar Ratio Rank: 32
DFTEX Martin Ratio Rank: 31

LAGVX

LAGVX Risk / Return Rank: 28
LAGVX Sharpe Ratio Rank: 25
LAGVX Sortino Ratio Rank: 27
LAGVX Omega Ratio Rank: 33
LAGVX Calmar Ratio Rank: 29
LAGVX Martin Ratio Rank: 28

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.

DFTEX vs. LAGVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for DFA Intermediate-Term Extended Quality Portfolio Fund (DFTEX) and Lord Abbett Income Fund (LAGVX). 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.

	DFTEX	LAGVX	Difference
Sharpe ratio: Return per unit of total volatility	1.64	1.43	+0.21
Sortino ratio: Return per unit of downside risk	2.49	2.16	+0.33
Omega ratio: Gain probability vs. loss probability	1.30	1.30	-0.01
Calmar ratio: Return relative to maximum drawdown	2.14	2.02	+0.12
Martin ratio: Return relative to average drawdown	7.07	6.61	+0.46
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DFTEX vs. LAGVX - Sharpe Ratio Comparison

The current DFTEX Sharpe Ratio is 1.64, which is comparable to the LAGVX Sharpe Ratio of 1.43. The chart below compares the historical Sharpe Ratios of DFTEX and LAGVX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	DFTEX	LAGVX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.64	1.43	+0.21
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.13	0.09	+0.03
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.41	0.49	-0.09
Sharpe Ratio (All Time) Calculated using the full available price history	0.48	0.74	-0.25

Drawdowns

DFTEX vs. LAGVX - Drawdown Comparison

The maximum DFTEX drawdown since its inception was -22.83%, which is greater than LAGVX's maximum drawdown of -21.70%. Use the drawdown chart below to compare losses from any high point for DFTEX and LAGVX.

Drawdown Indicators

	DFTEX	LAGVX	Difference
Max Drawdown Largest peak-to-trough decline	-22.83%	-21.70%	-1.13%
Max Drawdown (1Y) Largest decline over 1 year	-3.22%	-3.61%	+0.39%
Max Drawdown (3Y) Largest decline over 3 years	-5.38%	-6.25%	+0.87%
Max Drawdown (5Y) Largest decline over 5 years	-22.83%	-21.70%	-1.13%
Max Drawdown (10Y) Largest decline over 10 years	-22.83%	-21.70%	-1.13%
Current Drawdown Current decline from peak	-0.84%	-1.12%	+0.28%
Average Drawdown Average peak-to-trough decline	-4.46%	-4.01%	-0.45%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.97%	1.10%	-0.13%

Volatility

DFTEX vs. LAGVX - Volatility Comparison

The current volatility for DFA Intermediate-Term Extended Quality Portfolio Fund (DFTEX) is 1.39%, while Lord Abbett Income Fund (LAGVX) has a volatility of 1.95%. This indicates that DFTEX experiences smaller price fluctuations and is considered to be less risky than LAGVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	DFTEX	LAGVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.39%	1.95%	-0.56%
Volatility (6M) Calculated over the trailing 6-month period	3.08%	3.77%	-0.69%
Volatility (1Y) Calculated over the trailing 1-year period	4.20%	5.13%	-0.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.71%	6.71%	0.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.89%	5.95%	-0.06%

DFTEX vs. LAGVX - Expense Ratio Comparison

DFTEX has a 0.20% expense ratio, which is lower than LAGVX's 0.73% expense ratio.

Dividends

DFTEX vs. LAGVX - Dividend Comparison

DFTEX's dividend yield for the trailing twelve months is around 4.93%, less than LAGVX's 5.40% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
DFTEX DFA Intermediate-Term Extended Quality Portfolio Fund	4.93%	4.30%	4.27%	3.79%	3.25%	4.12%	3.31%	3.06%	3.24%	2.91%	2.88%	3.90%
LAGVX Lord Abbett Income Fund	5.40%	5.44%	4.57%	4.48%	3.15%	4.81%	3.46%	3.85%	4.27%	3.49%	3.94%	4.70%

Frequently Asked Questions

Can I hold both DFTEX and LAGVX in my portfolio?

DFTEX and LAGVX have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DFTEX or LAGVX?

LAGVX has higher volatility (1.95%) compared to DFTEX (1.39%). In terms of maximum drawdown, DFTEX dropped -22.83% vs LAGVX's -21.70%.

Which has better risk-adjusted returns?

DFTEX currently has the higher Sharpe Ratio (1.64 vs 1.43), 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.