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LBNDX vs. LALDX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between LBNDX and LALDX is -0.03. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


Performance

LBNDX vs. LALDX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Lord Abbett Bond Debenture Fund (LBNDX) and Lord Abbett Short Duration Income Fund (LALDX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

LBNDX:

1.04

LALDX:

2.15

Sortino Ratio

LBNDX:

1.47

LALDX:

3.80

Omega Ratio

LBNDX:

1.21

LALDX:

1.69

Calmar Ratio

LBNDX:

0.65

LALDX:

5.33

Martin Ratio

LBNDX:

3.56

LALDX:

18.14

Ulcer Index

LBNDX:

1.25%

LALDX:

0.30%

Daily Std Dev

LBNDX:

4.24%

LALDX:

2.54%

Max Drawdown

LBNDX:

-26.23%

LALDX:

-10.22%

Current Drawdown

LBNDX:

-2.27%

LALDX:

-0.26%

Returns By Period

In the year-to-date period, LBNDX achieves a -0.30% return, which is significantly lower than LALDX's 1.25% return. Over the past 10 years, LBNDX has outperformed LALDX with an annualized return of 3.20%, while LALDX has yielded a comparatively lower 2.39% annualized return.


LBNDX

YTD

-0.30%

1M

1.89%

6M

-0.84%

1Y

4.43%

5Y*

3.72%

10Y*

3.20%

LALDX

YTD

1.25%

1M

0.52%

6M

2.10%

1Y

5.49%

5Y*

2.88%

10Y*

2.39%

*Annualized

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LBNDX vs. LALDX - Expense Ratio Comparison

LBNDX has a 0.77% expense ratio, which is higher than LALDX's 0.58% expense ratio.


Risk-Adjusted Performance

LBNDX vs. LALDX — Risk-Adjusted Performance Rank

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

LBNDX
The Risk-Adjusted Performance Rank of LBNDX is 8080
Overall Rank
The Sharpe Ratio Rank of LBNDX is 8282
Sharpe Ratio Rank
The Sortino Ratio Rank of LBNDX is 8181
Sortino Ratio Rank
The Omega Ratio Rank of LBNDX is 8282
Omega Ratio Rank
The Calmar Ratio Rank of LBNDX is 7575
Calmar Ratio Rank
The Martin Ratio Rank of LBNDX is 8080
Martin Ratio Rank

LALDX
The Risk-Adjusted Performance Rank of LALDX is 9696
Overall Rank
The Sharpe Ratio Rank of LALDX is 9494
Sharpe Ratio Rank
The Sortino Ratio Rank of LALDX is 9696
Sortino Ratio Rank
The Omega Ratio Rank of LALDX is 9696
Omega Ratio Rank
The Calmar Ratio Rank of LALDX is 9797
Calmar Ratio Rank
The Martin Ratio Rank of LALDX is 9797
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

LBNDX vs. LALDX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Lord Abbett Bond Debenture Fund (LBNDX) and Lord Abbett Short Duration Income Fund (LALDX). 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.


The current LBNDX Sharpe Ratio is 1.04, which is lower than the LALDX Sharpe Ratio of 2.15. The chart below compares the historical Sharpe Ratios of LBNDX and LALDX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

LBNDX vs. LALDX - Dividend Comparison

LBNDX's dividend yield for the trailing twelve months is around 5.59%, more than LALDX's 4.56% yield.


TTM20242023202220212020201920182017201620152014
LBNDX
Lord Abbett Bond Debenture Fund
5.59%5.87%5.12%5.06%3.81%3.71%4.01%4.78%4.24%4.64%4.72%6.95%
LALDX
Lord Abbett Short Duration Income Fund
4.56%4.95%4.49%3.57%2.77%2.87%3.59%3.89%3.74%3.99%3.97%3.81%

Drawdowns

LBNDX vs. LALDX - Drawdown Comparison

The maximum LBNDX drawdown since its inception was -26.23%, which is greater than LALDX's maximum drawdown of -10.22%. Use the drawdown chart below to compare losses from any high point for LBNDX and LALDX. For additional features, visit the drawdowns tool.


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Volatility

LBNDX vs. LALDX - Volatility Comparison


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