LALDX vs. SCHX
Compare and contrast key facts about Lord Abbett Short Duration Income Fund (LALDX) and Schwab U.S. Large-Cap ETF (SCHX).
LALDX is managed by Lord Abbett. It was launched on Nov 4, 1993. SCHX is a passively managed fund by Charles Schwab that tracks the performance of the Dow Jones U.S. Large-Cap Total Stock Market Index. It was launched on Nov 3, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LALDX or SCHX.
Correlation
The correlation between LALDX and SCHX is 0.03, 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
LALDX vs. SCHX - Performance Comparison
Key characteristics
LALDX:
2.41
SCHX:
0.38
LALDX:
4.28
SCHX:
0.66
LALDX:
1.78
SCHX:
1.10
LALDX:
6.03
SCHX:
0.38
LALDX:
21.11
SCHX:
1.68
LALDX:
0.29%
SCHX:
4.31%
LALDX:
2.59%
SCHX:
19.03%
LALDX:
-10.22%
SCHX:
-34.33%
LALDX:
-0.52%
SCHX:
-14.12%
Returns By Period
In the year-to-date period, LALDX achieves a 0.99% return, which is significantly higher than SCHX's -10.05% return. Over the past 10 years, LALDX has underperformed SCHX with an annualized return of 2.35%, while SCHX has yielded a comparatively higher 12.94% annualized return.
LALDX
0.99%
-0.10%
1.99%
6.22%
2.93%
2.35%
SCHX
-10.05%
-6.96%
-9.36%
8.10%
15.54%
12.94%
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LALDX vs. SCHX - Expense Ratio Comparison
LALDX has a 0.58% expense ratio, which is higher than SCHX's 0.03% expense ratio.
Risk-Adjusted Performance
LALDX vs. SCHX — Risk-Adjusted Performance Rank
LALDX
SCHX
LALDX vs. SCHX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Lord Abbett Short Duration Income Fund (LALDX) and Schwab U.S. Large-Cap ETF (SCHX). 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
LALDX vs. SCHX - Dividend Comparison
LALDX's dividend yield for the trailing twelve months is around 4.99%, more than SCHX's 1.36% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LALDX Lord Abbett Short Duration Income Fund | 4.99% | 4.95% | 4.49% | 3.57% | 2.77% | 2.87% | 3.59% | 3.89% | 3.74% | 3.99% | 3.97% | 3.81% |
SCHX Schwab U.S. Large-Cap ETF | 1.36% | 1.22% | 1.39% | 1.64% | 1.22% | 1.64% | 1.82% | 2.17% | 1.70% | 1.93% | 2.04% | 1.76% |
Drawdowns
LALDX vs. SCHX - Drawdown Comparison
The maximum LALDX drawdown since its inception was -10.22%, smaller than the maximum SCHX drawdown of -34.33%. Use the drawdown chart below to compare losses from any high point for LALDX and SCHX. For additional features, visit the drawdowns tool.
Volatility
LALDX vs. SCHX - Volatility Comparison
The current volatility for Lord Abbett Short Duration Income Fund (LALDX) is 0.86%, while Schwab U.S. Large-Cap ETF (SCHX) has a volatility of 13.45%. This indicates that LALDX experiences smaller price fluctuations and is considered to be less risky than SCHX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.