LAGVX vs. USIG
LAGVX (Lord Abbett Income Fund) and USIG (iShares Broad USD Investment Grade Corporate Bond ETF) are both Corporate Bonds funds. Over the past 10 years, LAGVX returned 2.93%/yr vs 2.63%/yr for USIG. A 0.65 correlation means they provide meaningful diversification when combined. LAGVX charges 0.73%/yr vs 0.04%/yr for USIG.
Performance
LAGVX vs. USIG - Performance Comparison
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Returns By Period
The year-to-date returns for both stocks are quite close, with LAGVX having a 0.57% return and USIG slightly lower at 0.56%. Over the past 10 years, LAGVX has outperformed USIG with an annualized return of 2.93%, while USIG has yielded a comparatively lower 2.63% annualized return.
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%
USIG
- 1D
- -0.23%
- 1M
- 0.56%
- YTD
- 0.56%
- 6M
- 0.37%
- 1Y
- 6.04%
- 3Y*
- 5.46%
- 5Y*
- 0.72%
- 10Y*
- 2.63%
LAGVX vs. USIG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
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% |
USIG iShares Broad USD Investment Grade Corporate Bond ETF | 0.56% | 7.86% | 2.56% | 8.71% | -15.30% | -1.34% | 9.44% | 13.99% | -2.21% | 5.75% |
Correlation
The correlation between LAGVX and USIG is 0.71, 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 | 0.71 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.78 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.79 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.73 |
Correlation (All Time) Calculated using the full available price history since Jan 12, 2007 | 0.65 |
The correlation between LAGVX and USIG shifts across timeframes, from 0.65 (all time) to 0.79 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
LAGVX vs. USIG — Risk / Return Rank
LAGVX
USIG
LAGVX vs. USIG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lord Abbett Income Fund (LAGVX) and iShares Broad USD Investment Grade Corporate Bond ETF (USIG). 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.
| LAGVX | USIG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.04 | ||
| Sortino ratioReturn per unit of downside risk | 0.00 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.26 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 2.02 | 2.17 | -0.15 |
| Martin ratioReturn relative to average drawdown | 6.61 | 7.07 | -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. | |||
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Sharpe Ratios by Period
| LAGVX | USIG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.43 | 1.47 | -0.04 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.09 | 0.11 | -0.01 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.49 | 0.39 | +0.11 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.74 | 0.54 | +0.20 |
Drawdowns
LAGVX vs. USIG - Drawdown Comparison
The maximum LAGVX drawdown since its inception was -21.70%, roughly equal to the maximum USIG drawdown of -22.21%. Use the drawdown chart below to compare losses from any high point for LAGVX and USIG.
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Drawdown Indicators
| LAGVX | USIG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -21.70% | -22.21% | +0.51% |
Max Drawdown (1Y)Largest decline over 1 year | -3.61% | -2.79% | -0.82% |
Max Drawdown (3Y)Largest decline over 3 years | -6.25% | -6.10% | -0.15% |
Max Drawdown (5Y)Largest decline over 5 years | -21.70% | -21.45% | -0.25% |
Max Drawdown (10Y)Largest decline over 10 years | -21.70% | -21.45% | -0.25% |
Current DrawdownCurrent decline from peak | -1.12% | -0.97% | -0.15% |
Average DrawdownAverage peak-to-trough decline | -4.01% | -3.42% | -0.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.10% | 0.86% | +0.24% |
Volatility
LAGVX vs. USIG - Volatility Comparison
Lord Abbett Income Fund (LAGVX) has a higher volatility of 1.95% compared to iShares Broad USD Investment Grade Corporate Bond ETF (USIG) at 1.27%. This indicates that LAGVX's price experiences larger fluctuations and is considered to be riskier than USIG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LAGVX | USIG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.95% | 1.27% | +0.68% |
Volatility (6M)Calculated over the trailing 6-month period | 3.77% | 3.04% | +0.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.13% | 4.13% | +1.00% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.71% | 6.82% | -0.11% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.95% | 6.82% | -0.87% |
LAGVX vs. USIG - Expense Ratio Comparison
LAGVX has a 0.73% expense ratio, which is higher than USIG's 0.04% expense ratio.
Dividends
LAGVX vs. USIG - Dividend Comparison
LAGVX's dividend yield for the trailing twelve months is around 5.40%, more than USIG's 4.74% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
USIG iShares Broad USD Investment Grade Corporate Bond ETF | 4.74% | 4.62% | 4.51% | 3.94% | 3.14% | 2.33% | 2.82% | 3.37% | 3.44% | 3.03% | 2.87% | 3.24% |
Frequently Asked Questions
LAGVX and USIG have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LAGVX has higher volatility (1.95%) compared to USIG (1.27%). In terms of maximum drawdown, LAGVX dropped -21.70% vs USIG's -22.21%.
USIG currently has the higher Sharpe Ratio (1.47 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.
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