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 0.04, 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
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Key characteristics
LALDX:
2.29
STIP:
3.38
LALDX:
4.10
STIP:
5.12
LALDX:
1.75
STIP:
1.75
LALDX:
5.76
STIP:
7.05
LALDX:
19.69
STIP:
21.62
LALDX:
0.30%
STIP:
0.31%
LALDX:
2.57%
STIP:
1.99%
LALDX:
-10.22%
STIP:
-5.50%
LALDX:
-0.26%
STIP:
-0.44%
Returns By Period
In the year-to-date period, LALDX achieves a 1.67% return, which is significantly lower than STIP's 3.32% return. Over the past 10 years, LALDX has underperformed STIP with an annualized return of 2.44%, while STIP has yielded a comparatively higher 2.80% annualized return.
LALDX
1.67%
0.67%
2.52%
5.93%
3.83%
2.89%
2.44%
STIP
3.32%
0.20%
3.48%
6.69%
3.35%
3.80%
2.80%
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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 Rank
LALDX
STIP
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.
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Dividends
LALDX vs. STIP - Dividend Comparison
LALDX's dividend yield for the trailing twelve months is around 4.97%, more than STIP's 3.27% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LALDX Lord Abbett Short Duration Income Fund | 4.97% | 4.95% | 4.49% | 3.57% | 2.77% | 2.87% | 3.59% | 3.89% | 3.74% | 3.99% | 3.97% | 3.81% |
STIP iShares 0-5 Year TIPS Bond ETF | 3.27% | 2.62% | 2.84% | 6.04% | 4.15% | 1.40% | 2.06% | 2.44% | 1.59% | 0.89% | 0.00% | 0.74% |
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.
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Volatility
LALDX vs. STIP - Volatility Comparison
The current volatility for Lord Abbett Short Duration Income Fund (LALDX) is 0.71%, while iShares 0-5 Year TIPS Bond ETF (STIP) has a volatility of 0.82%. This indicates that LALDX experiences smaller price fluctuations and is considered to be less risky than STIP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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