LCRDX vs. LBNDX
LCRDX (Lord Abbett Credit Opportunities Fund) and LBNDX (Lord Abbett Bond Debenture Fund) are both Multisector Bonds funds from Lord Abbett. Over the past 5 years, LCRDX returned 3.02%/yr vs 1.16%/yr for LBNDX. Their 0.67 correlation means they have sometimes moved together and sometimes differently. LCRDX charges 1.39%/yr vs 0.77%/yr for LBNDX.
Performance
LCRDX vs. LBNDX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, LCRDX achieves a 0.94% return, which is significantly higher than LBNDX's 0.17% 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%
LBNDX
- 1D
- 0.28%
- 1M
- -1.39%
- 6M
- -0.75%
- YTD
- 0.17%
- 1Y
- 4.23%
- 3Y*
- 6.05%
- 5Y*
- 1.16%
- 10Y*
- 3.81%
- ALL TIME*
- 5.67%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $0.00 | $0.00 | $0.00 |
LCRDX vs. LBNDX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
LCRDX Lord Abbett Credit Opportunities Fund | 0.94% | 5.03% | 10.16% | 11.25% | -13.00% | 12.19% | 8.53% |
LBNDX Lord Abbett Bond Debenture Fund | 0.17% | 8.42% | 6.29% | 6.38% | -13.67% | 3.25% | 7.65% |
Correlation
The correlation between LCRDX and LBNDX is 0.58, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.58 |
Correlation (3Y) Balances recent behavior with more history. | 0.61 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.65 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2020 | 0.67 |
The correlation between LCRDX and LBNDX has been stable across timeframes, ranging from 0.58 to 0.67 - a consistent structural relationship.
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. LBNDX — Risk / Return Rank
LCRDX
LBNDX
LCRDX vs. LBNDX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lord Abbett Credit Opportunities Fund (LCRDX) and Lord Abbett Bond Debenture Fund (LBNDX). 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 | LBNDX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.47 | ||
| Sortino ratioReturn per unit of downside risk | -0.53 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.23 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 0.88 | 1.21 | -0.33 |
| Martin ratioReturn relative to average drawdown | 1.92 | 4.57 | -2.64 |
Loading charts...
Drawdowns
LCRDX vs. LBNDX - Drawdown Comparison
The maximum LCRDX drawdown since its inception was -22.75%, smaller than the maximum LBNDX drawdown of -26.67%. Use the drawdown chart below to compare losses from any high point for LCRDX and LBNDX.
Loading charts...
Drawdown Indicators
| LCRDX | LBNDX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.75% | -26.67% | +3.92% |
Max Drawdown (1Y)Largest decline over 1 year | -3.64% | -4.08% | +0.44% |
Max Drawdown (3Y)Largest decline over 3 years | -6.95% | -4.51% | -2.44% |
Max Drawdown (5Y)Largest decline over 5 years | -13.62% | -17.33% | +3.71% |
Max Drawdown (10Y)Largest decline over 10 years | — | -19.77% | — |
Current DrawdownCurrent decline from peak | -1.44% | -1.79% | +0.35% |
Average DrawdownAverage peak-to-trough decline | -4.20% | -3.51% | -0.69% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.66% | 1.07% | +0.59% |
Volatility
LCRDX vs. LBNDX - Volatility Comparison
Lord Abbett Credit Opportunities Fund (LCRDX) and Lord Abbett Bond Debenture Fund (LBNDX) have volatilities of 0.85% and 0.83%, 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.
Loading charts...
Volatility by Period
| LCRDX | LBNDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.85% | 0.83% | +0.02% |
Volatility (6M)Calculated over the trailing 6-month period | 3.25% | 3.25% | 0.00% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.35% | 4.08% | +0.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.68% | 4.71% | -0.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.77% | 5.00% | +0.77% |
LCRDX vs. LBNDX - Expense Ratio Comparison
LCRDX has a 1.39% expense ratio, which is higher than LBNDX's 0.77% expense ratio.
Dividends
LCRDX vs. LBNDX - Dividend Comparison
LCRDX's dividend yield for the trailing twelve months is around 10.38%, more than LBNDX's 5.67% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LBNDX Lord Abbett Bond Debenture Fund | 5.67% | 5.92% | 5.38% | 4.66% | 3.67% | 3.71% | 3.72% | 4.02% | 6.43% | 4.82% | 4.58% | 5.50% |
LCRDX Lord Abbett Credit Opportunities Fund | 10.38% | 9.81% | 9.09% | 9.54% | 5.10% | 9.71% | 4.24% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
LCRDX and LBNDX have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LCRDX has higher volatility (0.85%) compared to LBNDX (0.83%). In terms of maximum drawdown, LCRDX dropped -22.75% vs LBNDX's -26.67%.
LBNDX currently has the higher Sharpe Ratio (1.21 vs 0.74), 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 LBNDX
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