LGCYX vs. LSYAX

Last updated Apr 1, 2026

Compare and contrast key facts about Lord Abbett Global Equity Fund (LGCYX) and Lord Abbett Short Duration High Yield Fund (LSYAX).

LGCYX is managed by Lord Abbett. It was launched on Jan 17, 2017. LSYAX is a passively managed fund by Lord Abbett that tracks the performance of the ICE BofA HY U.S. Corp, Cash Pay, BB-B 1-5 YR USD Index. It was launched on May 1, 2020.

Performance

LGCYX vs. LSYAX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Lord Abbett Global Equity Fund (LGCYX) and Lord Abbett Short Duration High Yield Fund (LSYAX). The values are adjusted to include any dividend payments, if applicable.

LGCYX vs. LSYAX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020
LGCYX Lord Abbett Global Equity Fund	-6.41%	21.73%	17.83%	23.59%	-18.91%	2.29%	48.41%
LSYAX Lord Abbett Short Duration High Yield Fund	-1.81%	7.50%	8.46%	10.60%	-7.21%	4.50%	14.22%

Returns By Period

In the year-to-date period, LGCYX achieves a -6.41% return, which is significantly lower than LSYAX's -1.81% return.

LGCYX

• 1D: -0.48%
• 1M: -8.19%
• YTD: -6.41%
• 6M: -4.63%
• 1Y: 16.01%
• 3Y*: 15.78%
• 5Y*: 5.59%
• 10Y*: —

LSYAX

• 1D: 0.00%
• 1M: -2.66%
• YTD: -1.81%
• 6M: -0.62%
• 1Y: 5.29%
• 3Y*: 7.23%
• 5Y*: 3.96%
• 10Y*: —

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

LGCYX vs. LSYAX - Expense Ratio Comparison

Both LGCYX and LSYAX have an expense ratio of 0.65%.

LGCYX

Lord Abbett Global Equity Fund

LSYAX

Lord Abbett Short Duration High Yield Fund

Return for Risk

LGCYX vs. LSYAX — Risk / Return Rank

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

LGCYX

LGCYX Risk / Return Rank: 49
LGCYX Sharpe Ratio Rank: 46
LGCYX Sortino Ratio Rank: 47
LGCYX Omega Ratio Rank: 45
LGCYX Calmar Ratio Rank: 52
LGCYX Martin Ratio Rank: 53

LSYAX

LSYAX Risk / Return Rank: 70
LSYAX Sharpe Ratio Rank: 77
LSYAX Sortino Ratio Rank: 76
LSYAX Omega Ratio Rank: 83
LSYAX Calmar Ratio Rank: 57
LSYAX Martin Ratio Rank: 57

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.

LGCYX vs. LSYAX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lord Abbett Global Equity Fund (LGCYX) and Lord Abbett Short Duration High Yield Fund (LSYAX). 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.

	LGCYX	LSYAX	Difference
Sharpe ratio Return per unit of total volatility	0.93	1.36	-0.43
Sortino ratio Return per unit of downside risk	1.39	1.89	-0.50
Omega ratio Gain probability vs. loss probability	1.20	1.33	-0.13
Calmar ratio Return relative to maximum drawdown	1.27	1.33	-0.06
Martin ratio Return relative to average drawdown	5.23	5.48	-0.25
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LGCYX vs. LSYAX - Sharpe Ratio Comparison

The current LGCYX Sharpe Ratio is 0.93, which is lower than the LSYAX Sharpe Ratio of 1.36. The chart below compares the historical Sharpe Ratios of LGCYX and LSYAX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	LGCYX	LSYAX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.93	1.36	-0.43
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.31	0.95	-0.63
Sharpe Ratio (All Time) Calculated using the full available price history	0.53	1.41	-0.88

Correlation

The correlation between LGCYX and LSYAX is 0.55, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

LGCYX vs. LSYAX - Dividend Comparison

LGCYX's dividend yield for the trailing twelve months is around 0.77%, less than LSYAX's 7.42% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
LGCYX Lord Abbett Global Equity Fund	0.77%	0.72%	0.65%	1.06%	0.96%	1.07%	5.07%	1.34%	5.46%	5.85%
LSYAX Lord Abbett Short Duration High Yield Fund	7.42%	7.91%	8.01%	6.38%	4.86%	5.77%	4.64%	0.00%	0.00%	0.00%

Drawdowns

LGCYX vs. LSYAX - Drawdown Comparison

The maximum LGCYX drawdown since its inception was -36.30%, which is greater than LSYAX's maximum drawdown of -10.79%. Use the drawdown chart below to compare losses from any high point for LGCYX and LSYAX.

Drawdown Indicators

	LGCYX	LSYAX	Difference
Max Drawdown Largest peak-to-trough decline	-36.30%	-10.79%	-25.51%
Max Drawdown (1Y) Largest decline over 1 year	-10.69%	-4.12%	-6.57%
Max Drawdown (5Y) Largest decline over 5 years	-36.30%	-10.79%	-25.51%
Current Drawdown Current decline from peak	-9.99%	-2.84%	-7.15%
Average Drawdown Average peak-to-trough decline	-8.58%	-1.91%	-6.67%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.60%	1.00%	+1.60%

Volatility

LGCYX vs. LSYAX - Volatility Comparison

Lord Abbett Global Equity Fund (LGCYX) has a higher volatility of 5.82% compared to Lord Abbett Short Duration High Yield Fund (LSYAX) at 1.29%. This indicates that LGCYX's price experiences larger fluctuations and is considered to be riskier than LSYAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LGCYX	LSYAX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.82%	1.29%	+4.53%
Volatility (6M) Calculated over the trailing 6-month period	10.60%	2.42%	+8.18%
Volatility (1Y) Calculated over the trailing 1-year period	16.99%	4.28%	+12.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.86%	4.21%	+13.65%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.26%	4.18%	+14.08%