LBNDX vs. CAIBX
LBNDX (Lord Abbett Bond Debenture Fund) and CAIBX (American Funds Capital Income Builder Class A) are both mutual funds - LBNDX is a Multisector Bonds fund managed by Lord Abbett, while CAIBX is a Diversified Portfolio fund actively managed by American Funds. Over the past 10 years, LBNDX returned 3.81%/yr vs 7.92%/yr for CAIBX. Their 0.56 correlation means they have sometimes moved together and sometimes differently. LBNDX charges 0.77%/yr vs 0.58%/yr for CAIBX.
Performance
LBNDX vs. CAIBX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, LBNDX achieves a 0.17% return, which is significantly lower than CAIBX's 10.38% return. Over the past 10 years, LBNDX has underperformed CAIBX with an annualized return of 3.81%, while CAIBX has yielded a comparatively higher 7.92% annualized return.
LBNDX
- 1D
- 0.28%
- 1M
- -1.39%
- 6M
- -0.75%
- YTD
- 0.17%
- 1Y
- 4.23%
- 3Y*
- 6.05%
- 5Y*
- 1.16%
- 10Y*
- 3.81%
- ALL TIME*
- 5.67%
CAIBX
- 1D
- 0.76%
- 1M
- 1.60%
- 6M
- 6.96%
- YTD
- 10.38%
- 1Y
- 18.83%
- 3Y*
- 14.73%
- 5Y*
- 9.15%
- 10Y*
- 7.92%
- ALL TIME*
- 9.80%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
LBNDX vs. CAIBX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LBNDX Lord Abbett Bond Debenture Fund | 0.17% | 8.42% | 6.29% | 6.38% | -13.67% | 3.25% | 7.65% | 13.40% | -3.76% | 9.23% |
CAIBX American Funds Capital Income Builder Class A | 10.38% | 20.39% | 10.24% | 8.95% | -7.14% | 14.99% | 3.20% | 17.23% | -7.28% | 13.99% |
Correlation
The correlation between LBNDX and CAIBX is 0.61, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.61 |
Correlation (3Y) Balances recent behavior with more history. | 0.62 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.59 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.57 |
Correlation (All Time) Calculated using the full available price history since Jul 30, 1987 | 0.56 |
The correlation between LBNDX and CAIBX has been stable across timeframes, ranging from 0.56 to 0.62 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
LBNDX vs. CAIBX — Risk / Return Rank
LBNDX
CAIBX
LBNDX vs. CAIBX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lord Abbett Bond Debenture Fund (LBNDX) and American Funds Capital Income Builder Class A (CAIBX). 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.
| LBNDX | CAIBX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.95 | ||
| Sortino ratioReturn per unit of downside risk | -1.30 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.41 | -0.17 |
| Calmar ratioReturn relative to maximum drawdown | 1.21 | 2.74 | -1.53 |
| Martin ratioReturn relative to average drawdown | 4.57 | 10.94 | -6.38 |
Loading charts...
Drawdowns
LBNDX vs. CAIBX - Drawdown Comparison
The maximum LBNDX drawdown since its inception was -26.67%, smaller than the maximum CAIBX drawdown of -43.68%. Use the drawdown chart below to compare losses from any high point for LBNDX and CAIBX.
Loading charts...
Drawdown Indicators
| LBNDX | CAIBX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.67% | -43.68% | +17.01% |
Max Drawdown (1Y)Largest decline over 1 year | -4.08% | -6.47% | +2.39% |
Max Drawdown (3Y)Largest decline over 3 years | -4.51% | -8.89% | +4.38% |
Max Drawdown (5Y)Largest decline over 5 years | -17.33% | -17.65% | +0.32% |
Max Drawdown (10Y)Largest decline over 10 years | -19.77% | -25.28% | +5.51% |
Current DrawdownCurrent decline from peak | -1.79% | 0.00% | -1.79% |
Average DrawdownAverage peak-to-trough decline | -3.51% | -3.79% | +0.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.07% | 1.62% | -0.55% |
Volatility
LBNDX vs. CAIBX - Volatility Comparison
The current volatility for Lord Abbett Bond Debenture Fund (LBNDX) is 0.83%, while American Funds Capital Income Builder Class A (CAIBX) has a volatility of 1.97%. This indicates that LBNDX experiences smaller price fluctuations and is considered to be less risky than CAIBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| LBNDX | CAIBX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.83% | 1.97% | -1.14% |
Volatility (6M)Calculated over the trailing 6-month period | 3.25% | 6.56% | -3.31% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.08% | 8.20% | -4.12% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.71% | 9.98% | -5.27% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.00% | 10.77% | -5.77% |
LBNDX vs. CAIBX - Expense Ratio Comparison
LBNDX has a 0.77% expense ratio, which is higher than CAIBX's 0.58% expense ratio.
Dividends
LBNDX vs. CAIBX - Dividend Comparison
LBNDX's dividend yield for the trailing twelve months is around 5.67%, less than CAIBX's 7.11% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CAIBX American Funds Capital Income Builder Class A | 7.11% | 7.71% | 5.76% | 3.47% | 3.43% | 3.14% | 3.38% | 4.10% | 3.55% | 4.44% | 3.52% | 3.62% |
LBNDX Lord Abbett Bond Debenture Fund | 5.67% | 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
LBNDX and CAIBX have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CAIBX has higher volatility (1.97%) compared to LBNDX (0.83%). In terms of maximum drawdown, LBNDX dropped -26.67% vs CAIBX's -43.68%.
CAIBX currently has the higher Sharpe Ratio (2.16 vs 1.21), 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.
Find the right allocation for LBNDX and CAIBX
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer