LCFYX vs. WESRX

Last updated Jun 3, 2026

LCFYX (Lord Abbett Convertible Fund) and WESRX (TETON Convertible Securities Fund) are both Convertible Bonds funds. Over the past 10 years, LCFYX returned 13.37%/yr vs 9.71%/yr for WESRX. Their correlation of 0.83 suggests significant overlap in exposure. LCFYX charges 0.86%/yr vs 1.15%/yr for WESRX.

Performance

LCFYX vs. WESRX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Lord Abbett Convertible Fund (LCFYX) and TETON Convertible Securities Fund (WESRX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with LCFYX having a 21.38% return and WESRX slightly lower at 20.63%. Over the past 10 years, LCFYX has outperformed WESRX with an annualized return of 13.37%, while WESRX has yielded a comparatively lower 9.71% annualized return.

LCFYX

• 1D: 0.48%
• 1M: 5.61%
• YTD: 21.38%
• 6M: 22.09%
• 1Y: 41.68%
• 3Y*: 21.04%
• 5Y*: 6.99%
• 10Y*: 13.37%

WESRX

• 1D: 0.91%
• 1M: 8.91%
• YTD: 20.63%
• 6M: 18.39%
• 1Y: 39.25%
• 3Y*: 16.99%
• 5Y*: 5.70%
• 10Y*: 9.71%

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

LCFYX vs. WESRX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LCFYX Lord Abbett Convertible Fund	21.38%	22.27%	13.91%	7.25%	-23.24%	1.34%	64.36%	24.25%	-5.76%	16.78%
WESRX TETON Convertible Securities Fund	20.63%	17.20%	11.73%	5.09%	-21.96%	2.21%	27.22%	24.42%	-0.80%	17.58%

Correlation

The correlation between LCFYX and WESRX is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.90
Correlation (3Y) Calculated over the trailing 3-year period	0.85
Correlation (5Y) Calculated over the trailing 5-year period	0.90
Correlation (10Y) Calculated over the trailing 10-year period	0.89
Correlation (All Time) Calculated using the full available price history since Jul 1, 2003	0.83

The correlation between LCFYX and WESRX has been stable across timeframes, ranging from 0.83 to 0.90 - a consistent structural relationship.

Return for Risk

LCFYX vs. WESRX — Risk / Return Rank

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

LCFYX

LCFYX Risk / Return Rank: 87
LCFYX Sharpe Ratio Rank: 88
LCFYX Sortino Ratio Rank: 79
LCFYX Omega Ratio Rank: 76
LCFYX Calmar Ratio Rank: 95
LCFYX Martin Ratio Rank: 95

WESRX

WESRX Risk / Return Rank: 63
WESRX Sharpe Ratio Rank: 73
WESRX Sortino Ratio Rank: 59
WESRX Omega Ratio Rank: 58
WESRX Calmar Ratio Rank: 74
WESRX Martin Ratio Rank: 50

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.

LCFYX vs. WESRX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lord Abbett Convertible Fund (LCFYX) and TETON Convertible Securities Fund (WESRX). 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.

	LCFYX	WESRX	Difference
Sharpe ratio Return per unit of total volatility	2.88	2.49	+0.40
Sortino ratio Return per unit of downside risk	3.75	3.24	+0.51
Omega ratio Gain probability vs. loss probability	1.50	1.42	+0.08
Calmar ratio Return relative to maximum drawdown	6.02	3.38	+2.65
Martin ratio Return relative to average drawdown	22.55	10.28	+12.27
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LCFYX vs. WESRX - Sharpe Ratio Comparison

The current LCFYX Sharpe Ratio is 2.88, which is comparable to the WESRX Sharpe Ratio of 2.49. The chart below compares the historical Sharpe Ratios of LCFYX and WESRX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	LCFYX	WESRX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.88	2.49	+0.40
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.54	0.40	+0.14
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.98	0.72	+0.27
Sharpe Ratio (All Time) Calculated using the full available price history	0.76	0.52	+0.24

Drawdowns

LCFYX vs. WESRX - Drawdown Comparison

The maximum LCFYX drawdown since its inception was -39.17%, smaller than the maximum WESRX drawdown of -51.81%. Use the drawdown chart below to compare losses from any high point for LCFYX and WESRX.

Drawdown Indicators

	LCFYX	WESRX	Difference
Max Drawdown Largest peak-to-trough decline	-39.17%	-51.81%	+12.64%
Max Drawdown (1Y) Largest decline over 1 year	-7.06%	-11.95%	+4.89%
Max Drawdown (3Y) Largest decline over 3 years	-12.16%	-13.89%	+1.73%
Max Drawdown (5Y) Largest decline over 5 years	-30.74%	-31.66%	+0.92%
Max Drawdown (10Y) Largest decline over 10 years	-33.42%	-31.66%	-1.76%
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-8.40%	-9.08%	+0.68%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.89%	3.92%	-2.03%

Volatility

LCFYX vs. WESRX - Volatility Comparison

Lord Abbett Convertible Fund (LCFYX) and TETON Convertible Securities Fund (WESRX) have volatilities of 5.37% and 5.50%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LCFYX	WESRX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.37%	5.50%	-0.13%
Volatility (6M) Calculated over the trailing 6-month period	12.20%	13.36%	-1.16%
Volatility (1Y) Calculated over the trailing 1-year period	14.75%	16.32%	-1.57%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	12.97%	14.33%	-1.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.65%	13.57%	+0.08%

LCFYX vs. WESRX - Expense Ratio Comparison

LCFYX has a 0.86% expense ratio, which is lower than WESRX's 1.15% expense ratio.

Dividends

LCFYX vs. WESRX - Dividend Comparison

LCFYX's dividend yield for the trailing twelve months is around 1.28%, less than WESRX's 6.77% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LCFYX Lord Abbett Convertible Fund	1.28%	1.88%	2.31%	2.06%	2.73%	18.40%	16.22%	8.76%	4.99%	2.54%	3.72%	3.48%
WESRX TETON Convertible Securities Fund	6.77%	8.95%	2.87%	2.63%	11.45%	10.69%	3.13%	2.75%	5.87%	1.95%	5.10%	0.25%

Frequently Asked Questions

Can I hold both LCFYX and WESRX in my portfolio?

LCFYX and WESRX have a correlation of 0.90, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LCFYX or WESRX?

WESRX has higher volatility (5.50%) compared to LCFYX (5.37%). In terms of maximum drawdown, LCFYX dropped -39.17% vs WESRX's -51.81%.

Which has better risk-adjusted returns?

LCFYX currently has the higher Sharpe Ratio (2.88 vs 2.49), 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.