LAPLX vs. VGIT

Last updated Jun 23, 2026

LAPLX (Lord Abbett Core Plus Bond Fund) and VGIT (Vanguard Intermediate-Term Treasury ETF) are both funds - LAPLX is a Intermediate Core-Plus Bond fund managed by Lord Abbett, while VGIT is a Government Bonds fund tracking the Bloomberg U.S. Treasury 3-10 Year Index. Over the past 10 years, LAPLX returned 1.85%/yr vs 1.14%/yr for VGIT. Their correlation of 0.83 suggests significant overlap in exposure. LAPLX charges 0.68%/yr vs 0.03%/yr for VGIT.

Performance

LAPLX vs. VGIT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Lord Abbett Core Plus Bond Fund (LAPLX) and Vanguard Intermediate-Term Treasury ETF (VGIT). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LAPLX achieves a 0.34% return, which is significantly higher than VGIT's -0.39% return. Over the past 10 years, LAPLX has outperformed VGIT with an annualized return of 1.85%, while VGIT has yielded a comparatively lower 1.14% annualized return.

LAPLX

• 1D: 0.16%
• 1M: 0.89%
• YTD: 0.34%
• 6M: 0.74%
• 1Y: 5.22%
• 3Y*: 4.75%
• 5Y*: 0.07%
• 10Y*: 1.85%

VGIT

• 1D: 0.12%
• 1M: 0.38%
• YTD: -0.39%
• 6M: -0.22%
• 1Y: 2.74%
• 3Y*: 3.56%
• 5Y*: 0.11%
• 10Y*: 1.14%

*Multi-year figures are annualized to reflect compound growth (CAGR)

LAPLX vs. VGIT - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LAPLX Lord Abbett Core Plus Bond Fund	0.34%	7.42%	2.49%	6.12%	-14.77%	0.13%	7.23%	9.88%	-0.90%	3.81%
VGIT Vanguard Intermediate-Term Treasury ETF	-0.39%	7.34%	1.39%	4.28%	-10.53%	-2.64%	7.71%	6.19%	1.35%	1.70%

Correlation

The correlation between LAPLX and VGIT is 0.87, 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	0.87
Correlation (3Y) Calculated over the trailing 3-year period	0.90
Correlation (5Y) Calculated over the trailing 5-year period	0.91
Correlation (10Y) Calculated over the trailing 10-year period	0.85
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016	0.83

The correlation between LAPLX and VGIT has been stable across timeframes, ranging from 0.83 to 0.91 - a consistent structural relationship.

Return for Risk

LAPLX vs. VGIT — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

LAPLX

LAPLX Risk / Return Rank: 24
LAPLX Sharpe Ratio Rank: 25
LAPLX Sortino Ratio Rank: 27
LAPLX Omega Ratio Rank: 24
LAPLX Calmar Ratio Rank: 22
LAPLX Martin Ratio Rank: 21

VGIT

VGIT Risk / Return Rank: 22
VGIT Sharpe Ratio Rank: 24
VGIT Sortino Ratio Rank: 23
VGIT Omega Ratio Rank: 21
VGIT Calmar Ratio Rank: 21
VGIT Martin Ratio Rank: 22

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

LAPLX vs. VGIT - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lord Abbett Core Plus Bond Fund (LAPLX) and Vanguard Intermediate-Term Treasury ETF (VGIT). 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	VGIT	Difference
Sharpe ratio: Return per unit of total volatility	1.35	0.82	+0.54
Sortino ratio: Return per unit of downside risk	2.02	1.24	+0.78
Omega ratio: Gain probability vs. loss probability	1.24	1.14	+0.10
Calmar ratio: Return relative to maximum drawdown	1.64	0.97	+0.67
Martin ratio: Return relative to average drawdown	4.89	2.61	+2.28

LAPLX vs. VGIT - Sharpe Ratio Comparison

The current LAPLX Sharpe Ratio is 1.35, which is higher than the VGIT Sharpe Ratio of 0.82. The chart below compares the historical Sharpe Ratios of LAPLX and VGIT, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

LAPLX vs. VGIT - Drawdown Comparison

The maximum LAPLX drawdown since its inception was -19.06%, which is greater than VGIT's maximum drawdown of -16.05%. Use the drawdown chart below to compare losses from any high point for LAPLX and VGIT.

Drawdown Indicators

	LAPLX	VGIT	Difference
Max Drawdown Largest peak-to-trough decline	-19.06%	-16.05%	-3.01%
Max Drawdown (1Y) Largest decline over 1 year	-3.20%	-2.83%	-0.37%
Max Drawdown (3Y) Largest decline over 3 years	-5.46%	-4.34%	-1.12%
Max Drawdown (5Y) Largest decline over 5 years	-19.06%	-15.02%	-4.04%
Max Drawdown (10Y) Largest decline over 10 years	-19.06%	-16.05%	-3.01%
Current Drawdown Current decline from peak	-1.38%	-2.32%	+0.94%
Average Drawdown Average peak-to-trough decline	-4.45%	-3.51%	-0.94%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.07%	1.05%	+0.02%

Volatility

LAPLX vs. VGIT - Volatility Comparison

Lord Abbett Core Plus Bond Fund (LAPLX) and Vanguard Intermediate-Term Treasury ETF (VGIT) have volatilities of 1.15% 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.

Volatility by Period

	LAPLX	VGIT	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.15%	1.10%	+0.05%
Volatility (6M) Calculated over the trailing 6-month period	2.92%	2.47%	+0.45%
Volatility (1Y) Calculated over the trailing 1-year period	3.87%	3.38%	+0.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.49%	5.39%	+0.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.63%	4.50%	+0.13%

LAPLX vs. VGIT - Expense Ratio Comparison

LAPLX has a 0.68% expense ratio, which is higher than VGIT's 0.03% expense ratio.

Dividends

LAPLX vs. VGIT - Dividend Comparison

LAPLX's dividend yield for the trailing twelve months is around 4.99%, more than VGIT's 3.86% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LAPLX Lord Abbett Core Plus Bond Fund	4.99%	5.01%	4.43%	4.15%	2.79%	2.26%	4.27%	3.79%	3.94%	2.41%	0.65%	0.00%
VGIT Vanguard Intermediate-Term Treasury ETF	3.86%	3.79%	3.67%	2.73%	1.74%	1.69%	2.23%	2.24%	2.05%	1.67%	1.69%	1.69%

Frequently Asked Questions

Can I hold both LAPLX and VGIT in my portfolio?

LAPLX and VGIT have a correlation of 0.87, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LAPLX or VGIT?

LAPLX has higher volatility (1.15%) compared to VGIT (1.10%). In terms of maximum drawdown, LAPLX dropped -19.06% vs VGIT's -16.05%.

Which has better risk-adjusted returns?

LAPLX currently has the higher Sharpe Ratio (1.35 vs 0.82), 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.