LFRIX vs. VNQ

Last updated Jun 13, 2026

LFRIX (Lord Abbett Floating Rate Fund) and VNQ (Vanguard Real Estate ETF) are both funds - LFRIX is a Bank Loan fund managed by Lord Abbett, while VNQ is a REIT fund tracking the MSCI US Investable Market Real Estate 25/50 Index. Over the past 10 years, LFRIX returned 4.52%/yr vs 5.65%/yr for VNQ. At a 0.13 correlation, their price movements are largely independent. LFRIX charges 0.60%/yr vs 0.13%/yr for VNQ.

Performance

LFRIX vs. VNQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Lord Abbett Floating Rate Fund (LFRIX) and Vanguard Real Estate ETF (VNQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LFRIX achieves a 1.53% return, which is significantly lower than VNQ's 12.51% return. Over the past 10 years, LFRIX has underperformed VNQ with an annualized return of 4.52%, while VNQ has yielded a comparatively higher 5.65% annualized return.

LFRIX

• 1D: 0.00%
• 1M: 0.17%
• YTD: 1.53%
• 6M: 2.10%
• 1Y: 6.20%
• 3Y*: 7.67%
• 5Y*: 5.35%
• 10Y*: 4.52%

VNQ

• 1D: 0.92%
• 1M: 3.35%
• YTD: 12.51%
• 6M: 12.32%
• 1Y: 14.02%
• 3Y*: 10.14%
• 5Y*: 2.55%
• 10Y*: 5.65%

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

LFRIX vs. VNQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LFRIX Lord Abbett Floating Rate Fund	1.53%	6.30%	8.28%	12.22%	-2.99%	5.48%	-1.47%	7.59%	-0.01%	3.97%
VNQ Vanguard Real Estate ETF	12.51%	3.24%	4.81%	11.85%	-26.25%	40.54%	-4.61%	28.91%	-6.03%	4.90%

Correlation

The correlation between LFRIX and VNQ is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.06
Correlation (3Y) Calculated over the trailing 3-year period	0.14
Correlation (5Y) Calculated over the trailing 5-year period	0.20
Correlation (10Y) Calculated over the trailing 10-year period	0.20
Correlation (All Time) Calculated using the full available price history since Dec 18, 2007	0.13

The correlation between LFRIX and VNQ shifts across timeframes, from 0.06 (1 year) to 0.20 (10 years), reflecting how their relationship changes across market environments.

Return for Risk

LFRIX vs. VNQ — Risk / Return Rank

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

LFRIX

LFRIX Risk / Return Rank: 92
LFRIX Sharpe Ratio Rank: 87
LFRIX Sortino Ratio Rank: 98
LFRIX Omega Ratio Rank: 97
LFRIX Calmar Ratio Rank: 90
LFRIX Martin Ratio Rank: 90

VNQ

VNQ Risk / Return Rank: 32
VNQ Sharpe Ratio Rank: 30
VNQ Sortino Ratio Rank: 28
VNQ Omega Ratio Rank: 28
VNQ Calmar Ratio Rank: 35
VNQ Martin Ratio Rank: 36

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.

LFRIX vs. VNQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lord Abbett Floating Rate Fund (LFRIX) and Vanguard Real Estate ETF (VNQ). 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.

	LFRIX	VNQ	Difference
Sharpe ratio: Return per unit of total volatility	2.50	0.96	+1.54
Sortino ratio: Return per unit of downside risk	5.72	1.39	+4.33
Omega ratio: Gain probability vs. loss probability	1.97	1.17	+0.79
Calmar ratio: Return relative to maximum drawdown	3.92	1.56	+2.37
Martin ratio: Return relative to average drawdown	14.80	4.90	+9.90

LFRIX vs. VNQ - Sharpe Ratio Comparison

The current LFRIX Sharpe Ratio is 2.50, which is higher than the VNQ Sharpe Ratio of 0.96. The chart below compares the historical Sharpe Ratios of LFRIX and VNQ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

LFRIX vs. VNQ - Drawdown Comparison

The maximum LFRIX drawdown since its inception was -27.90%, smaller than the maximum VNQ drawdown of -73.07%. Use the drawdown chart below to compare losses from any high point for LFRIX and VNQ.

Drawdown Indicators

	LFRIX	VNQ	Difference
Max Drawdown Largest peak-to-trough decline	-27.90%	-73.07%	+45.17%
Max Drawdown (1Y) Largest decline over 1 year	-1.55%	-8.34%	+6.79%
Max Drawdown (3Y) Largest decline over 3 years	-2.59%	-17.46%	+14.87%
Max Drawdown (5Y) Largest decline over 5 years	-6.23%	-34.48%	+28.25%
Max Drawdown (10Y) Largest decline over 10 years	-21.75%	-42.40%	+20.65%
Current Drawdown Current decline from peak	-0.37%	0.00%	-0.37%
Average Drawdown Average peak-to-trough decline	-1.94%	-13.61%	+11.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.41%	2.65%	-2.24%

Volatility

LFRIX vs. VNQ - Volatility Comparison

The current volatility for Lord Abbett Floating Rate Fund (LFRIX) is 0.66%, while Vanguard Real Estate ETF (VNQ) has a volatility of 4.72%. This indicates that LFRIX experiences smaller price fluctuations and is considered to be less risky than VNQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LFRIX	VNQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.66%	4.72%	-4.06%
Volatility (6M) Calculated over the trailing 6-month period	1.87%	9.77%	-7.90%
Volatility (1Y) Calculated over the trailing 1-year period	2.44%	13.54%	-11.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.86%	18.84%	-15.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.91%	20.72%	-16.81%

LFRIX vs. VNQ - Expense Ratio Comparison

LFRIX has a 0.60% expense ratio, which is higher than VNQ's 0.13% expense ratio.

Dividends

LFRIX vs. VNQ - Dividend Comparison

LFRIX's dividend yield for the trailing twelve months is around 6.91%, more than VNQ's 3.54% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LFRIX Lord Abbett Floating Rate Fund	6.91%	7.20%	7.68%	7.63%	3.95%	4.01%	4.64%	5.71%	5.60%	4.65%	4.64%	4.72%
VNQ Vanguard Real Estate ETF	3.54%	3.92%	3.85%	3.95%	3.91%	2.56%	3.93%	3.39%	4.74%	4.23%	4.82%	3.92%

Frequently Asked Questions

Can I hold both LFRIX and VNQ in my portfolio?

LFRIX and VNQ have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LFRIX or VNQ?

VNQ has higher volatility (4.72%) compared to LFRIX (0.66%). In terms of maximum drawdown, LFRIX dropped -27.90% vs VNQ's -73.07%.

Which has better risk-adjusted returns?

LFRIX currently has the higher Sharpe Ratio (2.50 vs 0.96), 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.