LALDX vs. VBTLX
Compare and contrast key facts about Lord Abbett Short Duration Income Fund (LALDX) and Vanguard Total Bond Market Index Fund Admiral Shares (VBTLX).
LALDX is managed by Lord Abbett. It was launched on Nov 4, 1993. VBTLX is managed by Vanguard. It was launched on Nov 12, 2001.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LALDX or VBTLX.
Key characteristics
| LALDX | VBTLX | |
|---|---|---|
| YTD Return | 4.64% | 1.37% |
| 1Y Return | 6.99% | 7.84% |
| 3Y Return (Ann) | 1.61% | -2.41% |
| 5Y Return (Ann) | 1.95% | -0.30% |
| 10Y Return (Ann) | 2.24% | 1.35% |
| Sharpe Ratio | 2.44 | 1.36 |
| Sortino Ratio | 4.27 | 2.02 |
| Omega Ratio | 1.76 | 1.24 |
| Calmar Ratio | 3.43 | 0.49 |
| Martin Ratio | 21.59 | 4.70 |
| Ulcer Index | 0.30% | 1.67% |
| Daily Std Dev | 2.69% | 5.79% |
| Max Drawdown | -10.22% | -19.05% |
| Current Drawdown | -0.61% | -9.27% |
Correlation
The correlation between LALDX and VBTLX is 0.55, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
LALDX vs. VBTLX - Performance Comparison
In the year-to-date period, LALDX achieves a 4.64% return, which is significantly higher than VBTLX's 1.37% return. Over the past 10 years, LALDX has outperformed VBTLX with an annualized return of 2.24%, while VBTLX has yielded a comparatively lower 1.35% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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LALDX vs. VBTLX - Expense Ratio Comparison
LALDX has a 0.58% expense ratio, which is higher than VBTLX's 0.05% expense ratio.
Risk-Adjusted Performance
LALDX vs. VBTLX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Lord Abbett Short Duration Income Fund (LALDX) and Vanguard Total Bond Market Index Fund Admiral Shares (VBTLX). 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. VBTLX - Dividend Comparison
LALDX's dividend yield for the trailing twelve months is around 4.91%, more than VBTLX's 3.61% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LALDX Lord Abbett Short Duration Income Fund | 4.91% | 4.49% | 3.57% | 2.77% | 2.87% | 3.59% | 3.89% | 3.74% | 3.99% | 3.97% | 3.81% | 3.71% |
VBTLX Vanguard Total Bond Market Index Fund Admiral Shares | 3.61% | 3.11% | 2.51% | 1.90% | 2.23% | 2.74% | 2.78% | 2.51% | 2.49% | 2.48% | 2.55% | 2.56% |
Drawdowns
LALDX vs. VBTLX - Drawdown Comparison
The maximum LALDX drawdown since its inception was -10.22%, smaller than the maximum VBTLX drawdown of -19.05%. Use the drawdown chart below to compare losses from any high point for LALDX and VBTLX. For additional features, visit the drawdowns tool.
Volatility
LALDX vs. VBTLX - Volatility Comparison
The current volatility for Lord Abbett Short Duration Income Fund (LALDX) is 0.68%, while Vanguard Total Bond Market Index Fund Admiral Shares (VBTLX) has a volatility of 1.77%. This indicates that LALDX experiences smaller price fluctuations and is considered to be less risky than VBTLX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.