LAPLX vs. VGIT
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 1.57%/yr vs 1.09%/yr for VGIT. Their correlation of 0.83 means they have usually moved in the same direction. LAPLX charges 0.68%/yr vs 0.03%/yr for VGIT.
Performance
LAPLX vs. VGIT - Performance Comparison
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Returns By Period
In the year-to-date period, LAPLX achieves a -0.83% return, which is significantly lower than VGIT's -0.77% return. Over the past 10 years, LAPLX has outperformed VGIT with an annualized return of 1.57%, while VGIT has yielded a comparatively lower 1.09% annualized return.
LAPLX
- 1D
- 0.08%
- 1M
- -1.41%
- 6M
- -1.16%
- YTD
- -0.83%
- 1Y
- 1.93%
- 3Y*
- 4.15%
- 5Y*
- -0.39%
- 10Y*
- 1.57%
- ALL TIME*
- 1.91%
VGIT
- 1D
- -0.17%
- 1M
- -0.77%
- 6M
- -0.72%
- YTD
- -0.77%
- 1Y
- 1.11%
- 3Y*
- 3.73%
- 5Y*
- -0.24%
- 10Y*
- 1.09%
- ALL TIME*
- 2.13%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $132.12M | $142.49M | $173.65M |
LAPLX vs. VGIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LAPLX Lord Abbett Core Plus Bond Fund | -0.83% | 7.42% | 2.49% | 6.12% | -14.77% | 0.13% | 7.23% | 9.88% | -0.90% | 3.81% |
VGIT Vanguard Intermediate-Term Treasury ETF | -0.77% | 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, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.87 |
Correlation (3Y) Balances recent behavior with more history. | 0.91 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.91 |
Correlation (10Y) Provides a long-term view across more market conditions. | 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.
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Return for Risk
LAPLX vs. VGIT — Risk / Return Rank
LAPLX
VGIT
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 ratioReturn per unit of total volatility | +0.18 | ||
| Sortino ratioReturn per unit of downside risk | +0.23 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.11 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 0.97 | 0.75 | +0.22 |
| Martin ratioReturn relative to average drawdown | 2.54 | 1.73 | +0.82 |
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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.
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Drawdown Indicators
| LAPLX | VGIT | Difference | |
|---|---|---|---|
Max DrawdownLargest 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 | -4.79% | -4.34% | -0.45% |
Max Drawdown (5Y)Largest decline over 5 years | -19.06% | -14.94% | -4.12% |
Max Drawdown (10Y)Largest decline over 10 years | -19.06% | -16.05% | -3.01% |
Current DrawdownCurrent decline from peak | -2.53% | -2.70% | +0.17% |
Average DrawdownAverage peak-to-trough decline | -4.43% | -3.51% | -0.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.22% | 1.22% | 0.00% |
Volatility
LAPLX vs. VGIT - Volatility Comparison
Lord Abbett Core Plus Bond Fund (LAPLX) has a higher volatility of 0.97% compared to Vanguard Intermediate-Term Treasury ETF (VGIT) at 0.84%. This indicates that LAPLX's price experiences larger fluctuations and is considered to be riskier than VGIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LAPLX | VGIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.97% | 0.84% | +0.13% |
Volatility (6M)Calculated over the trailing 6-month period | 3.01% | 2.59% | +0.42% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.81% | 3.34% | +0.47% |
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 | 4.64% | 4.49% | +0.15% |
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 4.62%, more than VGIT's 3.89% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LAPLX Lord Abbett Core Plus Bond Fund | 4.62% | 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 | 3.56% | 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
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.
LAPLX has higher volatility (0.97%) compared to VGIT (0.84%). In terms of maximum drawdown, LAPLX dropped -19.06% vs VGIT's -16.05%.
LAPLX currently has the higher Sharpe Ratio (0.82 vs 0.63), 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.
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