LAPIX vs. BND
LAPIX (Lord Abbett Core Plus Bond Fund) and BND (Vanguard Total Bond Market ETF) are both funds - LAPIX is a Intermediate Core-Plus Bond fund managed by Lord Abbett, while BND is a Total Bond Market fund tracking the Bloomberg U.S. Aggregate Float Adjusted Index. Over the past 10 years, LAPIX returned 2.03%/yr vs 1.56%/yr for BND. Their correlation of 0.88 suggests significant overlap in exposure. LAPIX charges 0.48%/yr vs 0.03%/yr for BND.
Performance
LAPIX vs. BND - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, LAPIX achieves a 0.18% return, which is significantly lower than BND's 0.49% return. Over the past 10 years, LAPIX has outperformed BND with an annualized return of 2.03%, while BND has yielded a comparatively lower 1.56% annualized return.
LAPIX
- 1D
- -0.24%
- 1M
- 0.67%
- YTD
- 0.18%
- 6M
- 0.61%
- 1Y
- 4.94%
- 3Y*
- 5.04%
- 5Y*
- 0.33%
- 10Y*
- 2.03%
BND
- 1D
- 0.11%
- 1M
- 0.64%
- YTD
- 0.49%
- 6M
- 0.57%
- 1Y
- 4.23%
- 3Y*
- 3.96%
- 5Y*
- 0.05%
- 10Y*
- 1.56%
LAPIX vs. BND - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LAPIX Lord Abbett Core Plus Bond Fund | 0.18% | 7.63% | 3.12% | 6.31% | -14.72% | 0.29% | 7.43% | 10.10% | -0.70% | 3.97% |
BND Vanguard Total Bond Market ETF | 0.49% | 7.08% | 1.38% | 5.65% | -13.11% | -1.86% | 7.71% | 8.84% | -0.12% | 3.57% |
Correlation
The correlation between LAPIX and BND is 0.91, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.91 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.92 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.93 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.89 |
Correlation (All Time) Calculated using the full available price history since Jan 5, 2016 | 0.88 |
The correlation between LAPIX and BND has been stable across timeframes, ranging from 0.88 to 0.93 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
LAPIX vs. BND — Risk / Return Rank
LAPIX
BND
LAPIX vs. BND - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lord Abbett Core Plus Bond Fund (LAPIX) and Vanguard Total Bond Market ETF (BND). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| LAPIX | BND | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.21 | ||
| Sortino ratioReturn per unit of downside risk | +0.34 | ||
| Omega ratioGain probability vs. loss probability | 1.24 | 1.20 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 1.62 | 1.59 | +0.04 |
| Martin ratioReturn relative to average drawdown | 4.88 | 4.52 | +0.36 |
Loading charts...
Drawdowns
LAPIX vs. BND - Drawdown Comparison
The maximum LAPIX drawdown since its inception was -18.94%, roughly equal to the maximum BND drawdown of -18.58%. Use the drawdown chart below to compare losses from any high point for LAPIX and BND.
Loading charts...
Drawdown Indicators
| LAPIX | BND | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.94% | -18.58% | -0.36% |
Max Drawdown (1Y)Largest decline over 1 year | -3.21% | -2.68% | -0.53% |
Max Drawdown (3Y)Largest decline over 3 years | -5.41% | -5.92% | +0.51% |
Max Drawdown (5Y)Largest decline over 5 years | -18.94% | -17.91% | -1.03% |
Max Drawdown (10Y)Largest decline over 10 years | -18.94% | -18.58% | -0.36% |
Current DrawdownCurrent decline from peak | -1.57% | -2.15% | +0.58% |
Average DrawdownAverage peak-to-trough decline | -4.24% | -3.06% | -1.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.06% | 0.94% | +0.12% |
Volatility
LAPIX vs. BND - Volatility Comparison
Lord Abbett Core Plus Bond Fund (LAPIX) and Vanguard Total Bond Market ETF (BND) have volatilities of 1.04% and 1.08%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| LAPIX | BND | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.04% | 1.08% | -0.04% |
Volatility (6M)Calculated over the trailing 6-month period | 2.90% | 2.77% | +0.13% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.86% | 3.74% | +0.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.52% | 6.03% | -0.51% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.66% | 5.53% | -0.87% |
LAPIX vs. BND - Expense Ratio Comparison
LAPIX has a 0.48% expense ratio, which is higher than BND's 0.03% expense ratio.
Dividends
LAPIX vs. BND - Dividend Comparison
LAPIX's dividend yield for the trailing twelve months is around 5.20%, more than BND's 3.96% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BND Vanguard Total Bond Market ETF | 3.96% | 3.86% | 3.67% | 3.09% | 2.60% | 2.12% | 2.38% | 2.72% | 2.81% | 2.54% | 2.51% | 2.57% |
LAPIX Lord Abbett Core Plus Bond Fund | 5.20% | 5.20% | 5.05% | 4.32% | 2.95% | 2.42% | 4.45% | 4.00% | 4.15% | 2.57% | 0.65% | 0.00% |
Frequently Asked Questions
With a correlation of 0.91, LAPIX and BND move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
BND has higher volatility (1.08%) compared to LAPIX (1.04%). In terms of maximum drawdown, LAPIX dropped -18.94% vs BND's -18.58%.
LAPIX currently has the higher Sharpe Ratio (1.35 vs 1.14), 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.
Find the right allocation for LAPIX and BND
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer