LCRYX vs. LALDX
LCRYX (Lord Abbett Core Fixed Income Fund) and LALDX (Lord Abbett Short Duration Income Fund) are both mutual funds - LCRYX is a Intermediate Core Bond fund managed by Lord Abbett, while LALDX is a Short-Term Bond fund managed by Lord Abbett. Over the past 10 years, LCRYX returned 1.33%/yr vs 2.34%/yr for LALDX. Their 0.59 correlation means they have sometimes moved together and sometimes differently. LCRYX charges 0.34%/yr vs 0.58%/yr for LALDX.
Performance
LCRYX vs. LALDX - Performance Comparison
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Returns By Period
In the year-to-date period, LCRYX achieves a -0.59% return, which is significantly lower than LALDX's 0.83% return. Over the past 10 years, LCRYX has underperformed LALDX with an annualized return of 1.33%, while LALDX has yielded a comparatively higher 2.34% annualized return.
LCRYX
- 1D
- 0.11%
- 1M
- -1.30%
- 6M
- -0.97%
- YTD
- -0.59%
- 1Y
- 2.01%
- 3Y*
- 3.72%
- 5Y*
- -0.61%
- 10Y*
- 1.33%
- ALL TIME*
- 3.63%
LALDX
- 1D
- 0.00%
- 1M
- -0.26%
- 6M
- 0.43%
- YTD
- 0.83%
- 1Y
- 2.93%
- 3Y*
- 4.56%
- 5Y*
- 1.97%
- 10Y*
- 2.34%
- ALL TIME*
- 3.69%
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 |
LCRYX vs. LALDX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LCRYX Lord Abbett Core Fixed Income Fund | -0.59% | 7.36% | 1.33% | 5.55% | -14.16% | -0.69% | 8.21% | 8.10% | -0.28% | 3.46% |
LALDX Lord Abbett Short Duration Income Fund | 0.83% | 5.70% | 4.48% | 4.76% | -5.48% | 1.17% | 2.98% | 5.42% | 1.24% | 2.30% |
Correlation
The correlation between LCRYX and LALDX is 0.61, 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. | 0.61 |
Correlation (3Y) Balances recent behavior with more history. | 0.62 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.65 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.57 |
Correlation (All Time) Calculated using the full available price history since Dec 31, 1997 | 0.59 |
The correlation between LCRYX and LALDX has been stable across timeframes, ranging from 0.57 to 0.65 - a consistent structural relationship.
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Return for Risk
LCRYX vs. LALDX — Risk / Return Rank
LCRYX
LALDX
LCRYX vs. LALDX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lord Abbett Core Fixed Income Fund (LCRYX) and Lord Abbett Short Duration Income Fund (LALDX). 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.
| LCRYX | LALDX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.62 | ||
| Sortino ratioReturn per unit of downside risk | -1.18 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.41 | -0.27 |
| Calmar ratioReturn relative to maximum drawdown | 1.06 | 2.85 | -1.79 |
| Martin ratioReturn relative to average drawdown | 2.60 | 11.80 | -9.20 |
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Drawdowns
LCRYX vs. LALDX - Drawdown Comparison
The maximum LCRYX drawdown since its inception was -18.82%, which is greater than LALDX's maximum drawdown of -10.58%. Use the drawdown chart below to compare losses from any high point for LCRYX and LALDX.
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Drawdown Indicators
| LCRYX | LALDX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.82% | -10.58% | -8.24% |
Max Drawdown (1Y)Largest decline over 1 year | -3.05% | -1.29% | -1.76% |
Max Drawdown (3Y)Largest decline over 3 years | -4.90% | -1.29% | -3.61% |
Max Drawdown (5Y)Largest decline over 5 years | -18.82% | -7.60% | -11.22% |
Max Drawdown (10Y)Largest decline over 10 years | -18.82% | -9.67% | -9.15% |
Current DrawdownCurrent decline from peak | -3.18% | -0.26% | -2.92% |
Average DrawdownAverage peak-to-trough decline | -2.84% | -0.82% | -2.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.24% | 0.31% | +0.93% |
Volatility
LCRYX vs. LALDX - Volatility Comparison
Lord Abbett Core Fixed Income Fund (LCRYX) has a higher volatility of 1.01% compared to Lord Abbett Short Duration Income Fund (LALDX) at 0.71%. This indicates that LCRYX's price experiences larger fluctuations and is considered to be riskier than LALDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LCRYX | LALDX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.01% | 0.71% | +0.30% |
Volatility (6M)Calculated over the trailing 6-month period | 3.06% | 2.07% | +0.99% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.88% | 2.52% | +1.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.77% | 2.73% | +3.04% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.80% | 2.61% | +2.19% |
LCRYX vs. LALDX - Expense Ratio Comparison
LCRYX has a 0.34% expense ratio, which is lower than LALDX's 0.58% expense ratio.
Dividends
LCRYX vs. LALDX - Dividend Comparison
LCRYX's dividend yield for the trailing twelve months is around 4.38%, less than LALDX's 4.49% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LALDX Lord Abbett Short Duration Income Fund | 4.49% | 5.01% | 4.11% | 4.09% | 2.42% | 2.37% | 2.88% | 3.59% | 3.88% | 3.71% | 3.95% | 3.95% |
LCRYX Lord Abbett Core Fixed Income Fund | 4.38% | 4.68% | 3.96% | 4.16% | 2.43% | 1.91% | 5.45% | 2.73% | 3.27% | 2.48% | 2.56% | 2.93% |
Frequently Asked Questions
LCRYX and LALDX have a correlation of 0.61, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LCRYX has higher volatility (1.01%) compared to LALDX (0.71%). In terms of maximum drawdown, LCRYX dropped -18.82% vs LALDX's -10.58%.
LALDX currently has the higher Sharpe Ratio (1.45 vs 0.83), 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.
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