LCRDX vs. BRW
LCRDX (Lord Abbett Credit Opportunities Fund) and BRW (Saba Capital Income & Opportunities Fund) are both Multisector Bonds funds. Over the past 5 years, LCRDX returned 3.02%/yr vs 7.19%/yr for BRW. Their 0.26 correlation means their historical movements had little consistent relationship. LCRDX charges 1.39%/yr vs 1.71%/yr for BRW.
Performance
LCRDX vs. BRW - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, LCRDX achieves a 0.94% return, which is significantly lower than BRW's 3.06% return.
LCRDX
- 1D
- 0.37%
- 1M
- -1.32%
- 6M
- 0.15%
- YTD
- 0.94%
- 1Y
- 2.71%
- 3Y*
- 6.63%
- 5Y*
- 3.02%
- 10Y*
- —
- ALL TIME*
- 4.98%
BRW
- 1D
- -1.64%
- 1M
- 0.67%
- 6M
- 5.41%
- YTD
- 3.06%
- 1Y
- -8.59%
- 3Y*
- 8.57%
- 5Y*
- 7.19%
- 10Y*
- —
- ALL TIME*
- 7.02%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.26M | $1.37M | $1.47M | |
| $0.00 | $0.00 | $0.00 |
LCRDX vs. BRW - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
LCRDX Lord Abbett Credit Opportunities Fund | 0.94% | 5.03% | 10.16% | 11.25% | -13.00% | 5.32% |
BRW Saba Capital Income & Opportunities Fund | 3.06% | 5.89% | 12.16% | 18.49% | -4.64% | 3.19% |
Correlation
The correlation between LCRDX and BRW is 0.21, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.21 |
Correlation (3Y) Balances recent behavior with more history. | 0.22 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.27 |
Correlation (All Time) Calculated using the full available price history since May 5, 2021 | 0.26 |
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
LCRDX vs. BRW — Risk / Return Rank
LCRDX
BRW
LCRDX vs. BRW - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lord Abbett Credit Opportunities Fund (LCRDX) and Saba Capital Income & Opportunities Fund (BRW). 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.
| LCRDX | BRW | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.36 | ||
| Sortino ratioReturn per unit of downside risk | +2.00 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 0.90 | +0.25 |
| Calmar ratioReturn relative to maximum drawdown | 0.88 | -0.48 | +1.36 |
| Martin ratioReturn relative to average drawdown | 1.92 | -0.80 | +2.73 |
Loading charts...
Drawdowns
LCRDX vs. BRW - Drawdown Comparison
The maximum LCRDX drawdown since its inception was -22.75%, which is greater than BRW's maximum drawdown of -17.74%. Use the drawdown chart below to compare losses from any high point for LCRDX and BRW.
Loading charts...
Drawdown Indicators
| LCRDX | BRW | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.75% | -17.74% | -5.01% |
Max Drawdown (1Y)Largest decline over 1 year | -3.64% | -17.74% | +14.10% |
Max Drawdown (3Y)Largest decline over 3 years | -6.95% | -17.74% | +10.79% |
Max Drawdown (5Y)Largest decline over 5 years | -13.62% | -17.74% | +4.12% |
Current DrawdownCurrent decline from peak | -1.44% | -9.19% | +7.75% |
Average DrawdownAverage peak-to-trough decline | -4.20% | -4.10% | -0.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.66% | 10.60% | -8.94% |
Volatility
LCRDX vs. BRW - Volatility Comparison
The current volatility for Lord Abbett Credit Opportunities Fund (LCRDX) is 0.85%, while Saba Capital Income & Opportunities Fund (BRW) has a volatility of 4.03%. This indicates that LCRDX experiences smaller price fluctuations and is considered to be less risky than BRW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| LCRDX | BRW | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.85% | 4.03% | -3.18% |
Volatility (6M)Calculated over the trailing 6-month period | 3.25% | 8.85% | -5.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.35% | 13.66% | -9.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.68% | 13.01% | -8.33% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.77% | 12.90% | -7.13% |
LCRDX vs. BRW - Expense Ratio Comparison
LCRDX has a 1.39% expense ratio, which is lower than BRW's 1.71% expense ratio.
Dividends
LCRDX vs. BRW - Dividend Comparison
LCRDX's dividend yield for the trailing twelve months is around 10.38%, less than BRW's 15.41% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
BRW Saba Capital Income & Opportunities Fund | 15.41% | 14.46% | 12.27% | 16.02% | 13.82% | 4.53% | 0.00% |
LCRDX Lord Abbett Credit Opportunities Fund | 10.38% | 9.81% | 9.09% | 9.54% | 5.10% | 9.71% | 4.24% |
Frequently Asked Questions
LCRDX and BRW have a correlation of 0.21, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
BRW has higher volatility (4.03%) compared to LCRDX (0.85%). In terms of maximum drawdown, LCRDX dropped -22.75% vs BRW's -17.74%.
LCRDX currently has the higher Sharpe Ratio (0.74 vs -0.62), 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 LCRDX and BRW
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