LDLVX vs. LLDYX

Last updated Jun 5, 2026

LDLVX (Lord Abbett Short Duration Income Fund Class R6) and LLDYX (Lord Abbett Short Duration Income Fund) are both mutual funds - LDLVX is a Short-Term Bond fund actively managed by Lord Abbett, while LLDYX is a Total Bond Market fund managed by Lord Abbett. Over the past 10 years, LDLVX returned 2.45%/yr vs 2.72%/yr for LLDYX. A 0.63 correlation means they provide meaningful diversification when combined. LDLVX charges 0.32%/yr vs 0.38%/yr for LLDYX.

Performance

LDLVX vs. LLDYX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Lord Abbett Short Duration Income Fund Class R6 (LDLVX) and Lord Abbett Short Duration Income Fund (LLDYX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both stocks are quite close, with LDLVX having a 0.82% return and LLDYX slightly lower at 0.78%. Over the past 10 years, LDLVX has underperformed LLDYX with an annualized return of 2.45%, while LLDYX has yielded a comparatively higher 2.72% annualized return.

LDLVX

• 1D: 0.00%
• 1M: 0.16%
• YTD: 0.82%
• 6M: 1.25%
• 1Y: 4.53%
• 3Y*: 5.27%
• 5Y*: 2.41%
• 10Y*: 2.45%

LLDYX

• 1D: 0.00%
• 1M: 0.16%
• YTD: 0.78%
• 6M: 1.21%
• 1Y: 4.44%
• 3Y*: 5.19%
• 5Y*: 2.33%
• 10Y*: 2.72%

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

LDLVX vs. LLDYX - 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%
LLDYX Lord Abbett Short Duration Income Fund	0.78%	6.19%	5.13%	5.41%	-5.35%	1.07%	3.17%	5.64%	1.47%	2.74%

Correlation

The correlation between LDLVX and LLDYX is 0.54, 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	0.54
Correlation (3Y) Calculated over the trailing 3-year period	0.64
Correlation (5Y) Calculated over the trailing 5-year period	0.71
Correlation (10Y) Calculated over the trailing 10-year period	0.65
Correlation (All Time) Calculated using the full available price history since Jul 14, 2015	0.63

The correlation between LDLVX and LLDYX shifts across timeframes, from 0.54 (1 year) to 0.71 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

LDLVX vs. LLDYX — Risk / Return Rank

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

LDLVX

LDLVX Risk / Return Rank: 75
LDLVX Sharpe Ratio Rank: 46
LDLVX Sortino Ratio Rank: 72
LDLVX Omega Ratio Rank: 92
LDLVX Calmar Ratio Rank: 81
LDLVX Martin Ratio Rank: 83

LLDYX

LLDYX Risk / Return Rank: 69
LLDYX Sharpe Ratio Rank: 41
LLDYX Sortino Ratio Rank: 63
LLDYX Omega Ratio Rank: 89
LLDYX Calmar Ratio Rank: 77
LLDYX Martin Ratio Rank: 74

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.

LDLVX vs. LLDYX - 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 Lord Abbett Short Duration Income Fund (LLDYX). 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.

	LDLVX	LLDYX	Difference
Sharpe ratio: Return per unit of total volatility	1.92	1.86	+0.06
Sortino ratio: Return per unit of downside risk	3.46	3.33	+0.13
Omega ratio: Gain probability vs. loss probability	1.69	1.65	+0.04
Calmar ratio: Return relative to maximum drawdown	3.54	3.47	+0.07
Martin ratio: Return relative to average drawdown	14.90	13.94	+0.96
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LDLVX vs. LLDYX - Sharpe Ratio Comparison

The current LDLVX Sharpe Ratio is 1.92, which is comparable to the LLDYX Sharpe Ratio of 1.86. The chart below compares the historical Sharpe Ratios of LDLVX and LLDYX, 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

	LDLVX	LLDYX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.92	1.86	+0.06
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.87	0.86	+0.01
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.94	1.05	-0.12
Sharpe Ratio (All Time) Calculated using the full available price history	0.81	1.09	-0.28

Drawdowns

LDLVX vs. LLDYX - Drawdown Comparison

The maximum LDLVX drawdown since its inception was -9.67%, smaller than the maximum LLDYX drawdown of -10.54%. Use the drawdown chart below to compare losses from any high point for LDLVX and LLDYX.

Drawdown Indicators

	LDLVX	LLDYX	Difference
Max Drawdown Largest peak-to-trough decline	-9.67%	-10.54%	+0.87%
Max Drawdown (1Y) Largest decline over 1 year	-1.29%	-1.29%	0.00%
Max Drawdown (3Y) Largest decline over 3 years	-1.29%	-1.29%	0.00%
Max Drawdown (5Y) Largest decline over 5 years	-7.35%	-7.43%	+0.08%
Max Drawdown (10Y) Largest decline over 10 years	-9.67%	-9.67%	0.00%
Current Drawdown Current decline from peak	-0.26%	-0.26%	0.00%
Average Drawdown Average peak-to-trough decline	-1.44%	-1.20%	-0.24%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.30%	0.32%	-0.02%

Volatility

LDLVX vs. LLDYX - Volatility Comparison

Lord Abbett Short Duration Income Fund Class R6 (LDLVX) has a higher volatility of 0.83% compared to Lord Abbett Short Duration Income Fund (LLDYX) at 0.73%. This indicates that LDLVX's price experiences larger fluctuations and is considered to be riskier than LLDYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LDLVX	LLDYX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.83%	0.73%	+0.10%
Volatility (6M) Calculated over the trailing 6-month period	1.59%	1.68%	-0.09%
Volatility (1Y) Calculated over the trailing 1-year period	2.37%	2.40%	-0.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.79%	2.74%	+0.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.63%	2.59%	+0.04%

LDLVX vs. LLDYX - Expense Ratio Comparison

LDLVX has a 0.32% expense ratio, which is lower than LLDYX's 0.38% expense ratio.

Dividends

LDLVX vs. LLDYX - Dividend Comparison

LDLVX's dividend yield for the trailing twelve months is around 5.25%, more than LLDYX's 5.16% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%	0.00%
LLDYX Lord Abbett Short Duration Income Fund	5.16%	5.21%	4.73%	4.71%	2.58%	2.52%	3.06%	3.79%	4.11%	3.90%	4.15%	4.15%

Frequently Asked Questions

Can I hold both LDLVX and LLDYX in my portfolio?

LDLVX and LLDYX have a correlation of 0.54, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LDLVX or LLDYX?

LDLVX has higher volatility (0.83%) compared to LLDYX (0.73%). In terms of maximum drawdown, LDLVX dropped -9.67% vs LLDYX's -10.54%.

Which has better risk-adjusted returns?

LDLVX currently has the higher Sharpe Ratio (1.92 vs 1.86), 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.