LGCYX vs. LSYIX
LGCYX (Lord Abbett Global Equity Fund) and LSYIX (Lord Abbett Short Duration High Yield Fund) are both mutual funds - LGCYX is a Global Equities fund managed by Lord Abbett, while LSYIX is a High Yield Bonds fund managed by Lord Abbett. Over the past 5 years, LGCYX returned 6.82%/yr vs 4.38%/yr for LSYIX. Their 0.57 correlation means they have sometimes moved together and sometimes differently. LGCYX charges 0.65%/yr vs 0.45%/yr for LSYIX.
Performance
LGCYX vs. LSYIX - Performance Comparison
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Returns By Period
In the year-to-date period, LGCYX achieves a 6.46% return, which is significantly higher than LSYIX's 1.72% return.
LGCYX
- 1D
- 2.29%
- 1M
- -1.11%
- 6M
- 4.23%
- YTD
- 6.46%
- 1Y
- 14.71%
- 3Y*
- 17.07%
- 5Y*
- 6.82%
- 10Y*
- —
- ALL TIME*
- 10.76%
LSYIX
- 1D
- 0.10%
- 1M
- -0.93%
- 6M
- 0.85%
- YTD
- 1.72%
- 1Y
- 5.43%
- 3Y*
- 7.75%
- 5Y*
- 4.38%
- 10Y*
- —
- ALL TIME*
- 6.26%
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 |
LGCYX vs. LSYIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
LGCYX Lord Abbett Global Equity Fund | 6.46% | 21.73% | 17.83% | 23.59% | -18.91% | 2.29% | 48.27% |
LSYIX Lord Abbett Short Duration High Yield Fund | 1.72% | 7.71% | 8.65% | 10.63% | -7.19% | 4.69% | 14.35% |
Correlation
The correlation between LGCYX and LSYIX is 0.65, 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. | 0.65 |
Correlation (3Y) Balances recent behavior with more history. | 0.60 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.59 |
Correlation (All Time) Calculated using the full available price history since Apr 23, 2020 | 0.57 |
The correlation between LGCYX and LSYIX has been stable across timeframes, ranging from 0.57 to 0.65 - a consistent structural relationship.
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Return for Risk
LGCYX vs. LSYIX — Risk / Return Rank
LGCYX
LSYIX
LGCYX vs. LSYIX - 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 (LSYIX). 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.
| LGCYX | LSYIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.82 | ||
| Sortino ratioReturn per unit of downside risk | -1.78 | ||
| Omega ratioGain probability vs. loss probability | 1.16 | 1.39 | -0.23 |
| Calmar ratioReturn relative to maximum drawdown | 1.32 | 2.10 | -0.78 |
| Martin ratioReturn relative to average drawdown | 5.01 | 9.74 | -4.73 |
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Drawdowns
LGCYX vs. LSYIX - Drawdown Comparison
The maximum LGCYX drawdown since its inception was -36.30%, which is greater than LSYIX's maximum drawdown of -10.79%. Use the drawdown chart below to compare losses from any high point for LGCYX and LSYIX.
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Drawdown Indicators
| LGCYX | LSYIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -36.30% | -10.79% | -25.51% |
Max Drawdown (1Y)Largest decline over 1 year | -9.99% | -2.83% | -7.16% |
Max Drawdown (3Y)Largest decline over 3 years | -15.69% | -5.29% | -10.40% |
Max Drawdown (5Y)Largest decline over 5 years | -36.30% | -10.79% | -25.51% |
Current DrawdownCurrent decline from peak | -3.08% | -1.04% | -2.04% |
Average DrawdownAverage peak-to-trough decline | -8.34% | -1.81% | -6.53% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.63% | 0.61% | +2.02% |
Volatility
LGCYX vs. LSYIX - Volatility Comparison
Lord Abbett Global Equity Fund (LGCYX) has a higher volatility of 4.65% compared to Lord Abbett Short Duration High Yield Fund (LSYIX) at 0.49%. This indicates that LGCYX's price experiences larger fluctuations and is considered to be riskier than LSYIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LGCYX | LSYIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 4.65% | 0.49% | +4.16% |
Volatility (6M)Calculated over the trailing 6-month period | 12.65% | 2.83% | +9.82% |
Volatility (1Y)Calculated over the trailing 1-year period | 15.24% | 3.54% | +11.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 18.11% | 4.33% | +13.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 18.23% | 4.20% | +14.03% |
LGCYX vs. LSYIX - Expense Ratio Comparison
LGCYX has a 0.65% expense ratio, which is higher than LSYIX's 0.45% expense ratio.
Dividends
LGCYX vs. LSYIX - Dividend Comparison
LGCYX's dividend yield for the trailing twelve months is around 0.67%, less than LSYIX's 7.48% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
LGCYX Lord Abbett Global Equity Fund | 0.67% | 0.72% | 0.65% | 1.06% | 0.96% | 1.07% | 5.07% | 1.34% | 5.46% | 5.85% |
LSYIX Lord Abbett Short Duration High Yield Fund | 7.48% | 8.11% | 8.18% | 6.51% | 5.01% | 5.96% | 4.75% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
LGCYX and LSYIX have a correlation of 0.65, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LGCYX has higher volatility (4.65%) compared to LSYIX (0.49%). In terms of maximum drawdown, LGCYX dropped -36.30% vs LSYIX's -10.79%.
LSYIX currently has the higher Sharpe Ratio (1.68 vs 0.87), 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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