LAFFX vs. IVV
LAFFX (Lord Abbett Affiliated Fund) and IVV (iShares Core S&P 500 ETF) are both funds - LAFFX is a Large Cap Value Equities fund managed by Lord Abbett, while IVV is a S&P 500 fund tracking the S&P 500 Index. Over the past 10 years, LAFFX returned 10.94%/yr vs 15.75%/yr for IVV. Their correlation of 0.92 suggests significant overlap in exposure. LAFFX charges 0.71%/yr vs 0.03%/yr for IVV.
Performance
LAFFX vs. IVV - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, LAFFX achieves a 11.33% return, which is significantly higher than IVV's 9.76% return. Over the past 10 years, LAFFX has underperformed IVV with an annualized return of 10.94%, while IVV has yielded a comparatively higher 15.75% annualized return.
LAFFX
- 1D
- 0.31%
- 1M
- 3.29%
- YTD
- 11.33%
- 6M
- 10.92%
- 1Y
- 24.64%
- 3Y*
- 18.60%
- 5Y*
- 11.31%
- 10Y*
- 10.94%
IVV
- 1D
- -0.31%
- 1M
- 0.09%
- YTD
- 9.76%
- 6M
- 9.30%
- 1Y
- 26.83%
- 3Y*
- 21.37%
- 5Y*
- 13.58%
- 10Y*
- 15.75%
LAFFX vs. IVV - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LAFFX Lord Abbett Affiliated Fund | 11.33% | 15.75% | 17.30% | 10.50% | -9.80% | 26.77% | -1.29% | 25.24% | -7.59% | 16.16% |
IVV iShares Core S&P 500 ETF | 9.76% | 17.85% | 24.93% | 26.31% | -18.16% | 28.76% | 18.40% | 31.07% | -4.49% | 21.75% |
Correlation
The correlation between LAFFX and IVV is 0.78, 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 | 0.78 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.82 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.86 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.88 |
Correlation (All Time) Calculated using the full available price history since May 19, 2000 | 0.92 |
The correlation between LAFFX and IVV shifts across timeframes, from 0.78 (1 year) to 0.92 (all time), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
LAFFX vs. IVV — Risk / Return Rank
LAFFX
IVV
LAFFX vs. IVV - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lord Abbett Affiliated Fund (LAFFX) and iShares Core S&P 500 ETF (IVV). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| LAFFX | IVV | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.13 | ||
| Sortino ratioReturn per unit of downside risk | +0.32 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.39 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 3.26 | 3.03 | +0.23 |
| Martin ratioReturn relative to average drawdown | 13.66 | 13.61 | +0.05 |
Loading charts...
Drawdowns
LAFFX vs. IVV - Drawdown Comparison
The maximum LAFFX drawdown since its inception was -60.50%, which is greater than IVV's maximum drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for LAFFX and IVV.
Loading charts...
Drawdown Indicators
| LAFFX | IVV | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.50% | -55.25% | -5.25% |
Max Drawdown (1Y)Largest decline over 1 year | -7.59% | -8.89% | +1.30% |
Max Drawdown (3Y)Largest decline over 3 years | -15.38% | -18.75% | +3.37% |
Max Drawdown (5Y)Largest decline over 5 years | -19.50% | -24.53% | +5.03% |
Max Drawdown (10Y)Largest decline over 10 years | -39.59% | -33.90% | -5.69% |
Current DrawdownCurrent decline from peak | -0.40% | -1.74% | +1.34% |
Average DrawdownAverage peak-to-trough decline | -9.01% | -10.76% | +1.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.81% | 1.98% | -0.17% |
Volatility
LAFFX vs. IVV - Volatility Comparison
The current volatility for Lord Abbett Affiliated Fund (LAFFX) is 3.18%, while iShares Core S&P 500 ETF (IVV) has a volatility of 4.67%. This indicates that LAFFX experiences smaller price fluctuations and is considered to be less risky than IVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| LAFFX | IVV | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.18% | 4.67% | -1.49% |
Volatility (6M)Calculated over the trailing 6-month period | 8.64% | 9.75% | -1.11% |
Volatility (1Y)Calculated over the trailing 1-year period | 10.76% | 12.41% | -1.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.62% | 16.97% | -2.35% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.46% | 18.10% | -0.64% |
LAFFX vs. IVV - Expense Ratio Comparison
LAFFX has a 0.71% expense ratio, which is higher than IVV's 0.03% expense ratio.
Dividends
LAFFX vs. IVV - Dividend Comparison
LAFFX's dividend yield for the trailing twelve months is around 6.46%, more than IVV's 1.09% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IVV iShares Core S&P 500 ETF | 1.09% | 1.17% | 1.30% | 1.44% | 1.66% | 1.20% | 1.57% | 1.85% | 2.21% | 1.75% | 2.01% | 2.27% |
LAFFX Lord Abbett Affiliated Fund | 6.46% | 7.49% | 6.32% | 1.69% | 7.86% | 3.86% | 1.93% | 4.31% | 11.75% | 11.96% | 7.76% | 10.67% |
Frequently Asked Questions
LAFFX and IVV have a correlation of 0.78, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IVV has higher volatility (4.67%) compared to LAFFX (3.18%). In terms of maximum drawdown, LAFFX dropped -60.50% vs IVV's -55.25%.
LAFFX currently has the higher Sharpe Ratio (2.30 vs 2.18), 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.
Find the right allocation for LAFFX and IVV
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer