LALDX vs. STIP
Compare and contrast key facts about Lord Abbett Short Duration Income Fund (LALDX) and iShares 0-5 Year TIPS Bond ETF (STIP).
LALDX is managed by Lord Abbett. It was launched on Nov 4, 1993. STIP is a passively managed fund by iShares that tracks the performance of the Barclays Capital U.S. Treasury Inflation-Protected Securities (TIPS) 0-5 Years Index (Series-L). It was launched on Dec 1, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LALDX or STIP.
Correlation
The correlation between LALDX and STIP is 0.37, 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. STIP - Performance Comparison
Key characteristics
LALDX:
1.82
STIP:
2.42
LALDX:
3.07
STIP:
3.65
LALDX:
1.53
STIP:
1.49
LALDX:
5.94
STIP:
5.90
LALDX:
14.13
STIP:
15.65
LALDX:
0.33%
STIP:
0.29%
LALDX:
2.55%
STIP:
1.85%
LALDX:
-10.22%
STIP:
-5.50%
LALDX:
-0.61%
STIP:
-0.53%
Returns By Period
The year-to-date returns for both stocks are quite close, with LALDX having a 4.64% return and STIP slightly lower at 4.50%. Over the past 10 years, LALDX has underperformed STIP with an annualized return of 2.32%, while STIP has yielded a comparatively higher 2.56% annualized return.
LALDX
4.64%
-0.00%
2.37%
4.91%
1.89%
2.32%
STIP
4.50%
-0.09%
2.31%
4.52%
3.38%
2.56%
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LALDX vs. STIP - Expense Ratio Comparison
LALDX has a 0.58% expense ratio, which is higher than STIP's 0.06% expense ratio.
Risk-Adjusted Performance
LALDX vs. STIP - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Lord Abbett Short Duration Income Fund (LALDX) and iShares 0-5 Year TIPS Bond ETF (STIP). 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. STIP - Dividend Comparison
LALDX's dividend yield for the trailing twelve months is around 4.52%, more than STIP's 2.62% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LALDX Lord Abbett Short Duration Income Fund | 4.52% | 4.49% | 3.57% | 2.77% | 2.87% | 3.59% | 3.89% | 3.74% | 3.99% | 3.97% | 3.81% | 3.71% |
STIP iShares 0-5 Year TIPS Bond ETF | 2.62% | 2.84% | 6.04% | 4.15% | 1.40% | 2.06% | 2.43% | 1.59% | 0.89% | 0.00% | 0.75% | 0.31% |
Drawdowns
LALDX vs. STIP - Drawdown Comparison
The maximum LALDX drawdown since its inception was -10.22%, which is greater than STIP's maximum drawdown of -5.50%. Use the drawdown chart below to compare losses from any high point for LALDX and STIP. For additional features, visit the drawdowns tool.
Volatility
LALDX vs. STIP - Volatility Comparison
Lord Abbett Short Duration Income Fund (LALDX) has a higher volatility of 0.53% compared to iShares 0-5 Year TIPS Bond ETF (STIP) at 0.45%. This indicates that LALDX's price experiences larger fluctuations and is considered to be riskier than STIP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.