LAVLX vs. LAFFX
Compare and contrast key facts about Lord Abbett Mid Cap Stock Fund (LAVLX) and Lord Abbett Affiliated Fund (LAFFX).
LAVLX is managed by Lord Abbett. It was launched on Jun 28, 1983. LAFFX is managed by Lord Abbett. It was launched on Jan 3, 1950.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LAVLX or LAFFX.
Key characteristics
| LAVLX | LAFFX | |
|---|---|---|
| YTD Return | 10.09% | 10.26% |
| 1Y Return | 27.38% | 26.09% |
| 3Y Return (Ann) | 6.09% | 6.29% |
| 5Y Return (Ann) | 10.34% | 9.04% |
| 10Y Return (Ann) | 7.50% | 8.58% |
| Sharpe Ratio | 1.93 | 2.39 |
| Daily Std Dev | 13.20% | 10.34% |
| Max Drawdown | -60.58% | -60.50% |
| Current Drawdown | -1.06% | -0.05% |
Correlation
The correlation between LAVLX and LAFFX is 0.88, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
LAVLX vs. LAFFX - Performance Comparison
The year-to-date returns for both investments are quite close, with LAVLX having a 10.09% return and LAFFX slightly higher at 10.26%. Over the past 10 years, LAVLX has underperformed LAFFX with an annualized return of 7.50%, while LAFFX has yielded a comparatively higher 8.58% 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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LAVLX vs. LAFFX - Expense Ratio Comparison
LAVLX has a 0.98% expense ratio, which is higher than LAFFX's 0.71% expense ratio.
Risk-Adjusted Performance
LAVLX vs. LAFFX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Lord Abbett Mid Cap Stock Fund (LAVLX) and Lord Abbett Affiliated Fund (LAFFX). 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
LAVLX vs. LAFFX - Dividend Comparison
LAVLX's dividend yield for the trailing twelve months is around 1.12%, less than LAFFX's 1.50% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LAVLX Lord Abbett Mid Cap Stock Fund | 1.12% | 1.23% | 8.40% | 8.51% | 1.19% | 3.19% | 6.55% | 2.67% | 0.60% | 0.79% | 0.47% | 0.37% |
LAFFX Lord Abbett Affiliated Fund | 1.50% | 1.69% | 7.86% | 3.86% | 1.93% | 4.31% | 11.75% | 11.96% | 7.76% | 10.67% | 7.11% | 1.87% |
Drawdowns
LAVLX vs. LAFFX - Drawdown Comparison
The maximum LAVLX drawdown since its inception was -60.58%, roughly equal to the maximum LAFFX drawdown of -60.50%. Use the drawdown chart below to compare losses from any high point for LAVLX and LAFFX. For additional features, visit the drawdowns tool.
Volatility
LAVLX vs. LAFFX - Volatility Comparison
Lord Abbett Mid Cap Stock Fund (LAVLX) has a higher volatility of 3.01% compared to Lord Abbett Affiliated Fund (LAFFX) at 2.75%. This indicates that LAVLX's price experiences larger fluctuations and is considered to be riskier than LAFFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.