LFRAX vs. TFLIX
LFRAX (Lord Abbett Floating Rate Fund Class A) and TFLIX (Transamerica Floating Rate Fund) are both Bank Loan funds. Over the past 10 years, LFRAX returned 4.27%/yr vs 3.91%/yr for TFLIX. Their 0.61 correlation means they have sometimes moved together and sometimes differently. Both charge a 0.80% expense ratio.
Performance
LFRAX vs. TFLIX - Performance Comparison
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Returns By Period
In the year-to-date period, LFRAX achieves a 2.34% return, which is significantly higher than TFLIX's 1.77% return. Over the past 10 years, LFRAX has outperformed TFLIX with an annualized return of 4.27%, while TFLIX has yielded a comparatively lower 3.91% annualized return.
LFRAX
- 1D
- 0.13%
- 1M
- -0.12%
- 6M
- 2.30%
- YTD
- 2.34%
- 1Y
- 5.32%
- 3Y*
- 6.85%
- 5Y*
- 5.31%
- 10Y*
- 4.27%
- ALL TIME*
- 3.87%
TFLIX
- 1D
- 0.12%
- 1M
- 0.00%
- 6M
- 1.78%
- YTD
- 1.77%
- 1Y
- 3.53%
- 3Y*
- 5.89%
- 5Y*
- 4.34%
- 10Y*
- 3.91%
- ALL TIME*
- 3.80%
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 |
LFRAX vs. TFLIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LFRAX Lord Abbett Floating Rate Fund Class A | 2.34% | 6.09% | 8.07% | 11.89% | -3.00% | 5.16% | -1.69% | 7.37% | -0.20% | 3.88% |
TFLIX Transamerica Floating Rate Fund | 1.77% | 5.34% | 8.07% | 8.15% | -2.55% | 3.88% | 1.18% | 7.09% | 0.30% | 3.72% |
Correlation
The correlation between LFRAX and TFLIX is 0.57, 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. | 0.57 |
Correlation (3Y) Balances recent behavior with more history. | 0.54 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.66 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.64 |
Correlation (All Time) Calculated using the full available price history since Jan 2, 2014 | 0.61 |
The correlation between LFRAX and TFLIX shifts across timeframes, from 0.54 (3 years) to 0.66 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
LFRAX vs. TFLIX — Risk / Return Rank
LFRAX
TFLIX
LFRAX vs. TFLIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lord Abbett Floating Rate Fund Class A (LFRAX) and Transamerica Floating Rate Fund (TFLIX). 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.
| LFRAX | TFLIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.72 | ||
| Sortino ratioReturn per unit of downside risk | +1.75 | ||
| Omega ratioGain probability vs. loss probability | 1.85 | 1.57 | +0.28 |
| Calmar ratioReturn relative to maximum drawdown | 3.88 | 4.39 | -0.51 |
| Martin ratioReturn relative to average drawdown | 13.65 | 12.81 | +0.83 |
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Drawdowns
LFRAX vs. TFLIX - Drawdown Comparison
The maximum LFRAX drawdown since its inception was -28.54%, which is greater than TFLIX's maximum drawdown of -17.79%. Use the drawdown chart below to compare losses from any high point for LFRAX and TFLIX.
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Drawdown Indicators
| LFRAX | TFLIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -28.54% | -17.79% | -10.75% |
Max Drawdown (1Y)Largest decline over 1 year | -1.46% | -0.93% | -0.53% |
Max Drawdown (3Y)Largest decline over 3 years | -2.61% | -2.57% | -0.04% |
Max Drawdown (5Y)Largest decline over 5 years | -6.41% | -6.26% | -0.15% |
Max Drawdown (10Y)Largest decline over 10 years | -21.78% | -17.79% | -3.99% |
Current DrawdownCurrent decline from peak | -0.25% | -0.12% | -0.13% |
Average DrawdownAverage peak-to-trough decline | -2.07% | -0.79% | -1.28% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.41% | 0.32% | +0.09% |
Volatility
LFRAX vs. TFLIX - Volatility Comparison
Lord Abbett Floating Rate Fund Class A (LFRAX) has a higher volatility of 0.40% compared to Transamerica Floating Rate Fund (TFLIX) at 0.29%. This indicates that LFRAX's price experiences larger fluctuations and is considered to be riskier than TFLIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LFRAX | TFLIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.40% | 0.29% | +0.11% |
Volatility (6M)Calculated over the trailing 6-month period | 1.80% | 1.72% | +0.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.39% | 2.46% | -0.07% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.85% | 2.71% | +0.14% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.88% | 3.33% | +0.55% |
LFRAX vs. TFLIX - Expense Ratio Comparison
Both LFRAX and TFLIX have an expense ratio of 0.80%.
Dividends
LFRAX vs. TFLIX - Dividend Comparison
LFRAX's dividend yield for the trailing twelve months is around 6.05%, less than TFLIX's 6.84% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LFRAX Lord Abbett Floating Rate Fund Class A | 6.05% | 7.00% | 7.49% | 7.47% | 3.81% | 3.83% | 4.43% | 5.51% | 5.40% | 4.46% | 4.45% | 4.52% |
TFLIX Transamerica Floating Rate Fund | 6.84% | 7.86% | 7.84% | 6.21% | 3.58% | 3.06% | 3.78% | 5.20% | 4.91% | 4.06% | 4.42% | 3.92% |
Frequently Asked Questions
LFRAX and TFLIX have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LFRAX has higher volatility (0.40%) compared to TFLIX (0.29%). In terms of maximum drawdown, LFRAX dropped -28.54% vs TFLIX's -17.79%.
LFRAX currently has the higher Sharpe Ratio (2.38 vs 1.66), 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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