LCRDX vs. DBLIX

Last updated Jun 13, 2026

LCRDX (Lord Abbett Credit Opportunities Fund) and DBLIX (DoubleLine Income Fund) are both Multisector Bonds funds. At a 0.19 correlation, their price movements are largely independent. LCRDX charges 1.39%/yr vs 0.65%/yr for DBLIX.

Performance

LCRDX vs. DBLIX - Performance Comparison

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

Returns By Period

LCRDX

• 1D: 0.00%
• 1M: 0.77%
• YTD: 1.52%
• 6M: 1.31%
• 1Y: 6.25%
• 3Y*: 7.85%
• 5Y*: 3.10%
• 10Y*: —

DBLIX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LCRDX vs. DBLIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
LCRDX Lord Abbett Credit Opportunities Fund	1.52%	5.03%	10.16%	11.25%	-13.00%	12.19%	8.53%
DBLIX DoubleLine Income Fund	0.48%	6.49%	10.61%	9.69%	-13.31%	5.72%	-5.09%

Correlation

The correlation between LCRDX and DBLIX is -0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.08
Correlation (3Y) Calculated over the trailing 3-year period	0.13
Correlation (5Y) Calculated over the trailing 5-year period	0.22
Correlation (All Time) Calculated using the full available price history since Jan 2, 2020	0.19

The correlation between LCRDX and DBLIX shifts across timeframes, from -0.08 (1 year) to 0.22 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

LCRDX vs. DBLIX — Risk / Return Rank

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

LCRDX

LCRDX Risk / Return Rank: 37
LCRDX Sharpe Ratio Rank: 36
LCRDX Sortino Ratio Rank: 55
LCRDX Omega Ratio Rank: 48
LCRDX Calmar Ratio Rank: 29
LCRDX Martin Ratio Rank: 17

DBLIX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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. DBLIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lord Abbett Credit Opportunities Fund (LCRDX) and DoubleLine Income Fund (DBLIX). 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	DBLIX	Difference
Sharpe ratio: Return per unit of total volatility	1.46	—	—
Sortino ratio: Return per unit of downside risk	2.54	—	—
Omega ratio: Gain probability vs. loss probability	1.31	—	—
Calmar ratio: Return relative to maximum drawdown	1.73	—	—
Martin ratio: Return relative to average drawdown	3.90	—	—

Drawdowns

Drawdown Indicators

	LCRDX	DBLIX	Difference
Max Drawdown Largest peak-to-trough decline	-22.75%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-3.64%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-6.95%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-13.62%	—	—
Current Drawdown Current decline from peak	-0.78%	—	—
Average Drawdown Average peak-to-trough decline	-4.27%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	1.61%	—	—

Volatility

Volatility by Period

	LCRDX	DBLIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.22%	—	—
Volatility (6M) Calculated over the trailing 6-month period	3.19%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	4.32%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.68%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.81%	—	—

LCRDX vs. DBLIX - Expense Ratio Comparison

LCRDX has a 1.39% expense ratio, which is higher than DBLIX's 0.65% expense ratio.

Dividends

LCRDX vs. DBLIX - Dividend Comparison

LCRDX's dividend yield for the trailing twelve months is around 10.43%, more than DBLIX's 4.11% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
DBLIX DoubleLine Income Fund	4.11%	6.33%	6.32%	7.44%	5.45%	4.76%	4.10%	1.30%
LCRDX Lord Abbett Credit Opportunities Fund	10.43%	9.81%	9.09%	9.54%	5.10%	9.71%	4.24%	0.00%

Frequently Asked Questions

Can I hold both LCRDX and DBLIX in my portfolio?

LCRDX and DBLIX have a correlation of -0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.