LDLVX vs. BATAX
LDLVX (Lord Abbett Short Duration Income Fund Class R6) and BATAX (BlackRock Allocation Target Shares Series A Portfolio) are both Short-Term Bond funds. Over the past 10 years, LDLVX returned 2.45%/yr vs 3.59%/yr for BATAX. A 0.54 correlation means they provide meaningful diversification when combined. LDLVX charges 0.32%/yr vs 0.00%/yr for BATAX.
Performance
LDLVX vs. BATAX - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, LDLVX achieves a 0.82% return, which is significantly lower than BATAX's 1.87% return. Over the past 10 years, LDLVX has underperformed BATAX with an annualized return of 2.45%, while BATAX has yielded a comparatively higher 3.59% annualized return.
LDLVX
- 1D
- 0.26%
- 1M
- 0.42%
- YTD
- 0.82%
- 6M
- 1.25%
- 1Y
- 4.53%
- 3Y*
- 5.37%
- 5Y*
- 2.46%
- 10Y*
- 2.45%
BATAX
- 1D
- 0.00%
- 1M
- 0.56%
- YTD
- 1.87%
- 6M
- 2.42%
- 1Y
- 6.13%
- 3Y*
- 6.70%
- 5Y*
- 3.37%
- 10Y*
- 3.59%
LDLVX vs. BATAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LDLVX Lord Abbett Short Duration Income Fund Class R6 | 0.82% | 6.28% | 4.94% | 5.75% | -5.31% | 1.21% | 3.22% | 5.71% | 1.54% | 1.58% |
BATAX BlackRock Allocation Target Shares Series A Portfolio | 1.87% | 7.37% | 7.34% | 6.43% | -5.87% | 1.72% | 2.75% | 6.76% | 2.20% | 5.21% |
Correlation
The correlation between LDLVX and BATAX is 0.60, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.60 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.61 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.64 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.55 |
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016 | 0.54 |
The correlation between LDLVX and BATAX has been stable across timeframes, ranging from 0.54 to 0.64 - 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
LDLVX vs. BATAX — Risk / Return Rank
LDLVX
BATAX
LDLVX vs. BATAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lord Abbett Short Duration Income Fund Class R6 (LDLVX) and BlackRock Allocation Target Shares Series A Portfolio (BATAX). 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.
| LDLVX | BATAX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.11 | ||
| Sortino ratioReturn per unit of downside risk | -4.06 | ||
| Omega ratioGain probability vs. loss probability | 1.66 | 2.12 | -0.46 |
| Calmar ratioReturn relative to maximum drawdown | 3.54 | 6.57 | -3.04 |
| Martin ratioReturn relative to average drawdown | 14.51 | 27.53 | -13.02 |
Loading charts...
Drawdowns
LDLVX vs. BATAX - Drawdown Comparison
The maximum LDLVX drawdown since its inception was -9.67%, smaller than the maximum BATAX drawdown of -17.42%. Use the drawdown chart below to compare losses from any high point for LDLVX and BATAX.
Loading charts...
Drawdown Indicators
| LDLVX | BATAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.67% | -17.42% | +7.75% |
Max Drawdown (1Y)Largest decline over 1 year | -1.29% | -0.94% | -0.35% |
Max Drawdown (3Y)Largest decline over 3 years | -1.29% | -1.15% | -0.14% |
Max Drawdown (5Y)Largest decline over 5 years | -7.35% | -8.12% | +0.77% |
Max Drawdown (10Y)Largest decline over 10 years | -9.67% | -17.42% | +7.75% |
Current DrawdownCurrent decline from peak | -0.26% | -0.10% | -0.16% |
Average DrawdownAverage peak-to-trough decline | -1.44% | -1.30% | -0.14% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.31% | 0.22% | +0.09% |
Volatility
LDLVX vs. BATAX - Volatility Comparison
Lord Abbett Short Duration Income Fund Class R6 (LDLVX) has a higher volatility of 0.78% compared to BlackRock Allocation Target Shares Series A Portfolio (BATAX) at 0.67%. This indicates that LDLVX's price experiences larger fluctuations and is considered to be riskier than BATAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| LDLVX | BATAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.78% | 0.67% | +0.11% |
Volatility (6M)Calculated over the trailing 6-month period | 1.63% | 1.45% | +0.18% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.40% | 2.05% | +0.35% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.80% | 2.18% | +0.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.63% | 3.07% | -0.44% |
LDLVX vs. BATAX - Expense Ratio Comparison
LDLVX has a 0.32% expense ratio, which is higher than BATAX's 0.00% expense ratio.
Dividends
LDLVX vs. BATAX - Dividend Comparison
LDLVX's dividend yield for the trailing twelve months is around 5.25%, less than BATAX's 5.74% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
BATAX BlackRock Allocation Target Shares Series A Portfolio | 5.74% | 5.92% | 5.45% | 3.91% | 3.14% | 1.82% | 3.22% | 4.73% | 5.36% | 4.10% | 0.40% |
LDLVX Lord Abbett Short Duration Income Fund Class R6 | 5.25% | 5.29% | 4.81% | 4.76% | 2.64% | 2.66% | 3.11% | 3.86% | 4.18% | 2.99% | 0.00% |
Frequently Asked Questions
LDLVX and BATAX have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LDLVX has higher volatility (0.78%) compared to BATAX (0.67%). In terms of maximum drawdown, LDLVX dropped -9.67% vs BATAX's -17.42%.
BATAX currently has the higher Sharpe Ratio (3.00 vs 1.89), 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 LDLVX and BATAX
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