LCRDX vs. CRMVX

Last updated Jun 6, 2026

LCRDX (Lord Abbett Credit Opportunities Fund) and CRMVX (Potomac Managed Volatility Fund) are both Multisector Bonds funds. Over the past 5 years, LCRDX returned 3.33%/yr vs 2.60%/yr for CRMVX. At a 0.27 correlation, their price movements are largely independent. LCRDX charges 1.39%/yr vs 1.62%/yr for CRMVX.

Performance

LCRDX vs. CRMVX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Lord Abbett Credit Opportunities Fund (LCRDX) and Potomac Managed Volatility Fund (CRMVX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LCRDX achieves a 2.14% return, which is significantly higher than CRMVX's 1.81% return.

LCRDX

• 1D: -0.12%
• 1M: 0.41%
• YTD: 2.14%
• 6M: 1.33%
• 1Y: 7.64%
• 3Y*: 8.19%
• 5Y*: 3.33%
• 10Y*: —

CRMVX

• 1D: 0.00%
• 1M: -0.49%
• YTD: 1.81%
• 6M: 2.14%
• 1Y: 7.89%
• 3Y*: 4.23%
• 5Y*: 2.60%
• 10Y*: —

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

LCRDX vs. CRMVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
LCRDX Lord Abbett Credit Opportunities Fund	2.14%	5.03%	10.16%	11.25%	-13.00%	12.19%	20.37%
CRMVX Potomac Managed Volatility Fund	1.81%	4.91%	1.22%	0.25%	4.76%	0.61%	3.98%

Correlation

The correlation between LCRDX and CRMVX is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.12
Correlation (3Y) Calculated over the trailing 3-year period	0.33
Correlation (5Y) Calculated over the trailing 5-year period	0.25
Correlation (All Time) Calculated using the full available price history since Jul 2, 2020	0.27

The correlation between LCRDX and CRMVX shifts across timeframes, from 0.12 (1 year) to 0.33 (3 years), reflecting how their relationship changes across market environments.

Return for Risk

LCRDX vs. CRMVX — Risk / Return Rank

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

LCRDX

LCRDX Risk / Return Rank: 40
LCRDX Sharpe Ratio Rank: 39
LCRDX Sortino Ratio Rank: 56
LCRDX Omega Ratio Rank: 52
LCRDX Calmar Ratio Rank: 33
LCRDX Martin Ratio Rank: 19

CRMVX

CRMVX Risk / Return Rank: 64
CRMVX Sharpe Ratio Rank: 46
CRMVX Sortino Ratio Rank: 45
CRMVX Omega Ratio Rank: 53
CRMVX Calmar Ratio Rank: 92
CRMVX Martin Ratio Rank: 82

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.

LCRDX vs. CRMVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lord Abbett Credit Opportunities Fund (LCRDX) and Potomac Managed Volatility Fund (CRMVX). 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.

	LCRDX	CRMVX	Difference
Sharpe ratio: Return per unit of total volatility	1.76	1.93	-0.17
Sortino ratio: Return per unit of downside risk	3.06	2.73	+0.34
Omega ratio: Gain probability vs. loss probability	1.38	1.39	0.00
Calmar ratio: Return relative to maximum drawdown	2.08	4.83	-2.75
Martin ratio: Return relative to average drawdown	4.70	14.75	-10.05
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LCRDX vs. CRMVX - Sharpe Ratio Comparison

The current LCRDX Sharpe Ratio is 1.76, which is comparable to the CRMVX Sharpe Ratio of 1.93. The chart below compares the historical Sharpe Ratios of LCRDX and CRMVX, 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

	LCRDX	CRMVX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.76	1.93	-0.17
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.71	0.00	+0.71
Sharpe Ratio (All Time) Calculated using the full available price history	0.92	0.00	+0.91

Drawdowns

LCRDX vs. CRMVX - Drawdown Comparison

The maximum LCRDX drawdown since its inception was -22.75%, smaller than the maximum CRMVX drawdown of -97.39%. Use the drawdown chart below to compare losses from any high point for LCRDX and CRMVX.

Drawdown Indicators

	LCRDX	CRMVX	Difference
Max Drawdown Largest peak-to-trough decline	-22.75%	-97.39%	+74.64%
Max Drawdown (1Y) Largest decline over 1 year	-3.64%	-1.62%	-2.02%
Max Drawdown (3Y) Largest decline over 3 years	-6.95%	-97.39%	+90.44%
Max Drawdown (5Y) Largest decline over 5 years	-13.62%	-97.39%	+83.77%
Current Drawdown Current decline from peak	-0.18%	-97.11%	+96.93%
Average Drawdown Average peak-to-trough decline	-4.28%	-24.35%	+20.07%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.60%	0.53%	+1.07%

Volatility

LCRDX vs. CRMVX - Volatility Comparison

Lord Abbett Credit Opportunities Fund (LCRDX) and Potomac Managed Volatility Fund (CRMVX) have volatilities of 1.33% and 1.30%, 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

	LCRDX	CRMVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.33%	1.30%	+0.03%
Volatility (6M) Calculated over the trailing 6-month period	3.17%	2.97%	+0.20%
Volatility (1Y) Calculated over the trailing 1-year period	4.30%	4.06%	+0.24%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.68%	1,597.76%	-1,593.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.82%	1,467.52%	-1,461.70%

LCRDX vs. CRMVX - Expense Ratio Comparison

LCRDX has a 1.39% expense ratio, which is lower than CRMVX's 1.62% expense ratio.

Dividends

LCRDX vs. CRMVX - Dividend Comparison

LCRDX's dividend yield for the trailing twelve months is around 10.36%, more than CRMVX's 5.65% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
CRMVX Potomac Managed Volatility Fund	5.65%	5.75%	3.75%	2.74%	0.57%	2.59%	0.95%
LCRDX Lord Abbett Credit Opportunities Fund	10.36%	9.81%	9.09%	9.54%	5.10%	9.71%	4.24%

Frequently Asked Questions

Can I hold both LCRDX and CRMVX in my portfolio?

LCRDX and CRMVX have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LCRDX or CRMVX?

LCRDX has higher volatility (1.33%) compared to CRMVX (1.30%). In terms of maximum drawdown, LCRDX dropped -22.75% vs CRMVX's -97.39%.

Which has better risk-adjusted returns?

CRMVX currently has the higher Sharpe Ratio (1.93 vs 1.76), 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.