LAVLX vs. LBNDX
LAVLX (Lord Abbett Mid Cap Stock Fund) and LBNDX (Lord Abbett Bond Debenture Fund) are both mutual funds - LAVLX is a Mid Cap Value Equities fund managed by Lord Abbett, while LBNDX is a Multisector Bonds fund managed by Lord Abbett. Over the past 10 years, LAVLX returned 8.85%/yr vs 4.24%/yr for LBNDX. A 0.54 correlation means they provide meaningful diversification when combined. LAVLX charges 0.98%/yr vs 0.77%/yr for LBNDX.
Performance
LAVLX vs. LBNDX - Performance Comparison
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Returns By Period
In the year-to-date period, LAVLX achieves a 12.53% return, which is significantly higher than LBNDX's 1.21% return. Over the past 10 years, LAVLX has outperformed LBNDX with an annualized return of 8.85%, while LBNDX has yielded a comparatively lower 4.24% annualized return.
LAVLX
- 1D
- 0.16%
- 1M
- 1.85%
- YTD
- 12.53%
- 6M
- 11.11%
- 1Y
- 25.36%
- 3Y*
- 15.24%
- 5Y*
- 9.67%
- 10Y*
- 8.85%
LBNDX
- 1D
- 0.00%
- 1M
- 0.52%
- YTD
- 1.21%
- 6M
- 1.70%
- 1Y
- 7.56%
- 3Y*
- 6.92%
- 5Y*
- 1.58%
- 10Y*
- 4.24%
LAVLX vs. LBNDX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LAVLX Lord Abbett Mid Cap Stock Fund | 12.53% | 7.28% | 14.96% | 15.50% | -11.02% | 28.79% | 2.73% | 22.92% | -14.55% | 7.06% |
LBNDX Lord Abbett Bond Debenture Fund | 1.21% | 8.42% | 6.29% | 6.38% | -13.67% | 3.25% | 7.65% | 13.40% | -3.76% | 9.23% |
Correlation
The correlation between LAVLX and LBNDX is 0.50, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.50 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.54 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.49 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.50 |
Correlation (All Time) Calculated using the full available price history since Jun 28, 1983 | 0.54 |
The correlation between LAVLX and LBNDX has been stable across timeframes, ranging from 0.49 to 0.54 - a consistent structural relationship.
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Return for Risk
LAVLX vs. LBNDX — Risk / Return Rank
LAVLX
LBNDX
LAVLX vs. LBNDX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lord Abbett Mid Cap Stock Fund (LAVLX) and Lord Abbett Bond Debenture Fund (LBNDX). 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.
| LAVLX | LBNDX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.16 | ||
| Sortino ratioReturn per unit of downside risk | +0.13 | ||
| Omega ratioGain probability vs. loss probability | 1.36 | 1.38 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 3.31 | 1.86 | +1.45 |
| Martin ratioReturn relative to average drawdown | 12.16 | 7.51 | +4.65 |
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Drawdowns
LAVLX vs. LBNDX - Drawdown Comparison
The maximum LAVLX drawdown since its inception was -60.58%, which is greater than LBNDX's maximum drawdown of -26.67%. Use the drawdown chart below to compare losses from any high point for LAVLX and LBNDX.
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Drawdown Indicators
| LAVLX | LBNDX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -60.58% | -26.67% | -33.91% |
Max Drawdown (1Y)Largest decline over 1 year | -7.72% | -4.08% | -3.64% |
Max Drawdown (3Y)Largest decline over 3 years | -20.91% | -4.51% | -16.40% |
Max Drawdown (5Y)Largest decline over 5 years | -21.76% | -17.33% | -4.43% |
Max Drawdown (10Y)Largest decline over 10 years | -42.16% | -19.77% | -22.39% |
Current DrawdownCurrent decline from peak | -0.58% | -0.77% | +0.19% |
Average DrawdownAverage peak-to-trough decline | -8.11% | -3.52% | -4.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.09% | 1.01% | +1.08% |
Volatility
LAVLX vs. LBNDX - Volatility Comparison
Lord Abbett Mid Cap Stock Fund (LAVLX) has a higher volatility of 4.46% compared to Lord Abbett Bond Debenture Fund (LBNDX) at 1.19%. This indicates that LAVLX's price experiences larger fluctuations and is considered to be riskier than LBNDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LAVLX | LBNDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.46% | 1.19% | +3.27% |
Volatility (6M)Calculated over the trailing 6-month period | 9.43% | 3.21% | +6.22% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.66% | 4.10% | +8.56% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 17.31% | 4.70% | +12.61% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 19.58% | 5.04% | +14.54% |
LAVLX vs. LBNDX - Expense Ratio Comparison
LAVLX has a 0.98% expense ratio, which is higher than LBNDX's 0.77% expense ratio.
Dividends
LAVLX vs. LBNDX - Dividend Comparison
LAVLX's dividend yield for the trailing twelve months is around 6.26%, more than LBNDX's 6.06% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LAVLX Lord Abbett Mid Cap Stock Fund | 6.26% | 7.04% | 9.70% | 1.23% | 8.40% | 8.51% | 1.19% | 3.19% | 6.55% | 2.67% | 0.60% | 0.79% |
LBNDX Lord Abbett Bond Debenture Fund | 6.06% | 5.92% | 5.38% | 4.66% | 3.67% | 3.71% | 3.72% | 4.02% | 6.43% | 4.82% | 4.58% | 5.50% |
Frequently Asked Questions
LAVLX and LBNDX have a correlation of 0.50, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LAVLX has higher volatility (4.46%) compared to LBNDX (1.19%). In terms of maximum drawdown, LAVLX dropped -60.58% vs LBNDX's -26.67%.
LAVLX currently has the higher Sharpe Ratio (2.02 vs 1.85), 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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