LAPLX vs. AGG
LAPLX (Lord Abbett Core Plus Bond Fund) and AGG (iShares Core U.S. Aggregate Bond ETF) are both funds - LAPLX is a Intermediate Core-Plus Bond fund managed by Lord Abbett, while AGG is a Total Bond Market fund tracking the Bloomberg U.S. Aggregate Bond Index. Over the past 10 years, LAPLX returned 1.83%/yr vs 1.54%/yr for AGG. Their correlation of 0.88 suggests significant overlap in exposure. LAPLX charges 0.68%/yr vs 0.03%/yr for AGG.
Performance
LAPLX vs. AGG - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, LAPLX achieves a 0.10% return, which is significantly lower than AGG's 0.47% return. Over the past 10 years, LAPLX has outperformed AGG with an annualized return of 1.83%, while AGG has yielded a comparatively lower 1.54% annualized return.
LAPLX
- 1D
- -0.23%
- 1M
- 0.65%
- YTD
- 0.10%
- 6M
- 0.51%
- 1Y
- 4.73%
- 3Y*
- 4.69%
- 5Y*
- 0.07%
- 10Y*
- 1.83%
AGG
- 1D
- 0.08%
- 1M
- 0.61%
- YTD
- 0.47%
- 6M
- 0.55%
- 1Y
- 4.33%
- 3Y*
- 3.96%
- 5Y*
- 0.07%
- 10Y*
- 1.54%
LAPLX vs. AGG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LAPLX Lord Abbett Core Plus Bond Fund | 0.10% | 7.42% | 2.49% | 6.12% | -14.77% | 0.13% | 7.23% | 9.88% | -0.90% | 3.81% |
AGG iShares Core U.S. Aggregate Bond ETF | 0.47% | 7.19% | 1.31% | 5.65% | -13.02% | -1.77% | 7.48% | 8.46% | 0.09% | 3.55% |
Correlation
The correlation between LAPLX and AGG 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 4, 2016 | 0.88 |
The correlation between LAPLX and AGG 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
LAPLX vs. AGG — Risk / Return Rank
LAPLX
AGG
LAPLX vs. AGG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lord Abbett Core Plus Bond Fund (LAPLX) and iShares Core U.S. Aggregate Bond ETF (AGG). 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.
| LAPLX | AGG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.15 | ||
| Sortino ratioReturn per unit of downside risk | +0.22 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.20 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.56 | 1.57 | -0.01 |
| Martin ratioReturn relative to average drawdown | 4.64 | 4.54 | +0.11 |
Loading charts...
Drawdowns
LAPLX vs. AGG - Drawdown Comparison
The maximum LAPLX drawdown since its inception was -19.06%, roughly equal to the maximum AGG drawdown of -18.43%. Use the drawdown chart below to compare losses from any high point for LAPLX and AGG.
Loading charts...
Drawdown Indicators
| LAPLX | AGG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.06% | -18.43% | -0.63% |
Max Drawdown (1Y)Largest decline over 1 year | -3.20% | -2.76% | -0.44% |
Max Drawdown (3Y)Largest decline over 3 years | -5.46% | -6.11% | +0.65% |
Max Drawdown (5Y)Largest decline over 5 years | -19.06% | -17.82% | -1.24% |
Max Drawdown (10Y)Largest decline over 10 years | -19.06% | -18.43% | -0.63% |
Current DrawdownCurrent decline from peak | -1.61% | -1.93% | +0.32% |
Average DrawdownAverage peak-to-trough decline | -4.45% | -2.71% | -1.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.07% | 0.96% | +0.11% |
Volatility
LAPLX vs. AGG - Volatility Comparison
Lord Abbett Core Plus Bond Fund (LAPLX) and iShares Core U.S. Aggregate Bond ETF (AGG) have volatilities of 1.08% and 1.10%, 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
| LAPLX | AGG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.08% | 1.10% | -0.02% |
Volatility (6M)Calculated over the trailing 6-month period | 2.93% | 2.83% | +0.10% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.89% | 3.81% | +0.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.49% | 6.10% | -0.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.63% | 5.41% | -0.78% |
LAPLX vs. AGG - Expense Ratio Comparison
LAPLX has a 0.68% expense ratio, which is higher than AGG's 0.03% expense ratio.
Dividends
LAPLX vs. AGG - Dividend Comparison
LAPLX's dividend yield for the trailing twelve months is around 5.00%, more than AGG's 3.98% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AGG iShares Core U.S. Aggregate Bond ETF | 3.98% | 3.89% | 3.74% | 3.13% | 2.39% | 1.77% | 2.14% | 2.70% | 2.72% | 2.32% | 2.39% | 2.45% |
LAPLX Lord Abbett Core Plus Bond Fund | 5.00% | 5.01% | 4.43% | 4.15% | 2.79% | 2.26% | 4.27% | 3.79% | 3.94% | 2.41% | 0.65% | 0.00% |
Frequently Asked Questions
With a correlation of 0.91, LAPLX and AGG 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.
AGG has higher volatility (1.10%) compared to LAPLX (1.08%). In terms of maximum drawdown, LAPLX dropped -19.06% vs AGG's -18.43%.
LAPLX currently has the higher Sharpe Ratio (1.29 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 LAPLX and AGG
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