LBETX vs. PALDX

Last updated Apr 1, 2026

Compare and contrast key facts about LGM Risk Managed Total Return Fund (LBETX) and PGIM 60/40 Allocation Fund (PALDX).

LBETX is managed by BlackRock. It was launched on Jun 11, 2017. PALDX is managed by PGIM. It was launched on Sep 12, 2017.

Performance

LBETX vs. PALDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in LGM Risk Managed Total Return Fund (LBETX) and PGIM 60/40 Allocation Fund (PALDX). The values are adjusted to include any dividend payments, if applicable.

LBETX vs. PALDX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LBETX LGM Risk Managed Total Return Fund	-3.92%	2.15%	10.79%	9.45%	-1.48%	3.85%	-11.03%	7.96%	5.83%	1.67%
PALDX PGIM 60/40 Allocation Fund	-3.62%	13.62%	18.96%	18.90%	-15.65%	16.30%	10.68%	22.27%	-4.12%	5.95%

Returns By Period

In the year-to-date period, LBETX achieves a -3.92% return, which is significantly lower than PALDX's -3.62% return.

LBETX

• 1D: 0.00%
• 1M: -3.58%
• YTD: -3.92%
• 6M: -2.37%
• 1Y: -0.70%
• 3Y*: 5.71%
• 5Y*: 4.00%
• 10Y*: —

PALDX

• 1D: -0.22%
• 1M: -5.44%
• YTD: -3.62%
• 6M: -1.03%
• 1Y: 12.43%
• 3Y*: 13.72%
• 5Y*: 7.99%
• 10Y*: —

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

LBETX vs. PALDX - Expense Ratio Comparison

LBETX has a 2.32% expense ratio, which is higher than PALDX's 0.03% expense ratio.

LBETX

LGM Risk Managed Total Return Fund

PALDX

PGIM 60/40 Allocation Fund

Return for Risk

LBETX vs. PALDX — Risk / Return Rank

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

LBETX

LBETX Risk / Return Rank: 3
LBETX Sharpe Ratio Rank: 4
LBETX Sortino Ratio Rank: 4
LBETX Omega Ratio Rank: 3
LBETX Calmar Ratio Rank: 4
LBETX Martin Ratio Rank: 3

PALDX

PALDX Risk / Return Rank: 66
PALDX Sharpe Ratio Rank: 63
PALDX Sortino Ratio Rank: 66
PALDX Omega Ratio Rank: 67
PALDX Calmar Ratio Rank: 62
PALDX Martin Ratio Rank: 72

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.

LBETX vs. PALDX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for LGM Risk Managed Total Return Fund (LBETX) and PGIM 60/40 Allocation Fund (PALDX). 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.

	LBETX	PALDX	Difference
Sharpe ratio Return per unit of total volatility	-0.09	1.12	-1.20
Sortino ratio Return per unit of downside risk	-0.08	1.65	-1.73
Omega ratio Gain probability vs. loss probability	0.99	1.25	-0.26
Calmar ratio Return relative to maximum drawdown	-0.23	1.42	-1.65
Martin ratio Return relative to average drawdown	-0.96	6.83	-7.79
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LBETX vs. PALDX - Sharpe Ratio Comparison

The current LBETX Sharpe Ratio is -0.09, which is lower than the PALDX Sharpe Ratio of 1.12. The chart below compares the historical Sharpe Ratios of LBETX and PALDX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	LBETX	PALDX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.09	1.12	-1.20
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.81	0.67	+0.14
Sharpe Ratio (All Time) Calculated using the full available price history	0.44	0.71	-0.27

Correlation

The correlation between LBETX and PALDX is 0.65, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

LBETX vs. PALDX - Dividend Comparison

LBETX's dividend yield for the trailing twelve months is around 0.39%, less than PALDX's 5.62% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
LBETX LGM Risk Managed Total Return Fund	0.39%	0.37%	0.00%	0.00%	0.00%	0.00%	6.15%	3.88%	5.51%	1.64%
PALDX PGIM 60/40 Allocation Fund	5.62%	5.42%	10.40%	2.94%	6.19%	6.87%	2.58%	4.58%	3.65%	1.48%

Drawdowns

LBETX vs. PALDX - Drawdown Comparison

The maximum LBETX drawdown since its inception was -18.47%, smaller than the maximum PALDX drawdown of -26.16%. Use the drawdown chart below to compare losses from any high point for LBETX and PALDX.

Drawdown Indicators

	LBETX	PALDX	Difference
Max Drawdown Largest peak-to-trough decline	-18.47%	-26.16%	+7.69%
Max Drawdown (1Y) Largest decline over 1 year	-4.91%	-8.20%	+3.29%
Max Drawdown (5Y) Largest decline over 5 years	-6.93%	-20.47%	+13.54%
Current Drawdown Current decline from peak	-4.91%	-5.96%	+1.05%
Average Drawdown Average peak-to-trough decline	-5.45%	-4.16%	-1.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.20%	1.70%	-0.50%

Volatility

LBETX vs. PALDX - Volatility Comparison

The current volatility for LGM Risk Managed Total Return Fund (LBETX) is 1.77%, while PGIM 60/40 Allocation Fund (PALDX) has a volatility of 3.05%. This indicates that LBETX experiences smaller price fluctuations and is considered to be less risky than PALDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LBETX	PALDX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.77%	3.05%	-1.28%
Volatility (6M) Calculated over the trailing 6-month period	2.88%	5.86%	-2.98%
Volatility (1Y) Calculated over the trailing 1-year period	5.17%	11.52%	-6.35%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.99%	12.08%	-7.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	6.05%	12.75%	-6.70%