LGLIX vs. LDLVX

Last updated Jun 5, 2026

LGLIX (Lord Abbett Growth Leaders Fund) and LDLVX (Lord Abbett Short Duration Income Fund Class R6) are both mutual funds - LGLIX is a Large Cap Growth Equities fund managed by Lord Abbett, while LDLVX is a Short-Term Bond fund actively managed by Lord Abbett. Over the past 10 years, LGLIX returned 18.07%/yr vs 2.45%/yr for LDLVX. At a 0.06 correlation, their price movements are largely independent. LGLIX charges 0.64%/yr vs 0.32%/yr for LDLVX.

Performance

LGLIX vs. LDLVX - Performance Comparison

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

Returns By Period

In the year-to-date period, LGLIX achieves a 9.29% return, which is significantly higher than LDLVX's 0.82% return. Over the past 10 years, LGLIX has outperformed LDLVX with an annualized return of 18.07%, while LDLVX has yielded a comparatively lower 2.45% annualized return.

LGLIX

• 1D: -1.07%
• 1M: 4.76%
• YTD: 9.29%
• 6M: 7.36%
• 1Y: 23.75%
• 3Y*: 28.23%
• 5Y*: 11.01%
• 10Y*: 18.07%

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%

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

LGLIX vs. LDLVX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LGLIX Lord Abbett Growth Leaders Fund	9.29%	16.49%	44.97%	33.29%	-38.73%	8.62%	77.55%	35.02%	-1.08%	31.64%
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%

Correlation

The correlation between LGLIX and LDLVX is 0.10, 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	0.10
Correlation (3Y) Calculated over the trailing 3-year period	0.09
Correlation (5Y) Calculated over the trailing 5-year period	0.09
Correlation (10Y) Calculated over the trailing 10-year period	0.06
Correlation (All Time) Calculated using the full available price history since Jul 14, 2015	0.06

Return for Risk

LGLIX vs. LDLVX — Risk / Return Rank

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

LGLIX

LGLIX Risk / Return Rank: 15
LGLIX Sharpe Ratio Rank: 18
LGLIX Sortino Ratio Rank: 16
LGLIX Omega Ratio Rank: 17
LGLIX Calmar Ratio Rank: 13
LGLIX Martin Ratio Rank: 12

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

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.

LGLIX vs. LDLVX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lord Abbett Growth Leaders Fund (LGLIX) and Lord Abbett Short Duration Income Fund Class R6 (LDLVX). 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.

	LGLIX	LDLVX	Difference
Sharpe ratio: Return per unit of total volatility	1.20	1.92	-0.72
Sortino ratio: Return per unit of downside risk	1.65	3.46	-1.81
Omega ratio: Gain probability vs. loss probability	1.22	1.69	-0.48
Calmar ratio: Return relative to maximum drawdown	1.20	3.54	-2.34
Martin ratio: Return relative to average drawdown	3.46	14.90	-11.44
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LGLIX vs. LDLVX - Sharpe Ratio Comparison

The current LGLIX Sharpe Ratio is 1.20, which is lower than the LDLVX Sharpe Ratio of 1.92. The chart below compares the historical Sharpe Ratios of LGLIX and LDLVX, 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

	LGLIX	LDLVX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.20	1.92	-0.72
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.43	0.87	-0.44
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.73	0.94	-0.20
Sharpe Ratio (All Time) Calculated using the full available price history	0.70	0.81	-0.11

Drawdowns

LGLIX vs. LDLVX - Drawdown Comparison

The maximum LGLIX drawdown since its inception was -45.95%, which is greater than LDLVX's maximum drawdown of -9.67%. Use the drawdown chart below to compare losses from any high point for LGLIX and LDLVX.

Drawdown Indicators

	LGLIX	LDLVX	Difference
Max Drawdown Largest peak-to-trough decline	-45.95%	-9.67%	-36.28%
Max Drawdown (1Y) Largest decline over 1 year	-21.01%	-1.29%	-19.72%
Max Drawdown (3Y) Largest decline over 3 years	-29.25%	-1.29%	-27.96%
Max Drawdown (5Y) Largest decline over 5 years	-45.95%	-7.35%	-38.60%
Max Drawdown (10Y) Largest decline over 10 years	-45.95%	-9.67%	-36.28%
Current Drawdown Current decline from peak	-1.07%	-0.26%	-0.81%
Average Drawdown Average peak-to-trough decline	-9.34%	-1.44%	-7.90%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.27%	0.30%	+6.97%

Volatility

LGLIX vs. LDLVX - Volatility Comparison

Lord Abbett Growth Leaders Fund (LGLIX) has a higher volatility of 5.41% compared to Lord Abbett Short Duration Income Fund Class R6 (LDLVX) at 0.83%. This indicates that LGLIX's price experiences larger fluctuations and is considered to be riskier than LDLVX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LGLIX	LDLVX	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.41%	0.83%	+4.58%
Volatility (6M) Calculated over the trailing 6-month period	15.74%	1.59%	+14.15%
Volatility (1Y) Calculated over the trailing 1-year period	21.08%	2.37%	+18.71%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.84%	2.79%	+23.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.79%	2.63%	+22.16%

LGLIX vs. LDLVX - Expense Ratio Comparison

LGLIX has a 0.64% expense ratio, which is higher than LDLVX's 0.32% expense ratio.

Dividends

LGLIX vs. LDLVX - Dividend Comparison

LGLIX's dividend yield for the trailing twelve months is around 1.82%, less than LDLVX's 5.25% 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%
LGLIX Lord Abbett Growth Leaders Fund	1.82%	1.99%	0.00%	0.00%	0.00%	23.83%	9.27%	8.01%	19.82%	6.46%	0.00%	4.84%

Frequently Asked Questions

Can I hold both LGLIX and LDLVX in my portfolio?

LGLIX and LDLVX have a correlation of 0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LGLIX or LDLVX?

LGLIX has higher volatility (5.41%) compared to LDLVX (0.83%). In terms of maximum drawdown, LGLIX dropped -45.95% vs LDLVX's -9.67%.

Which has better risk-adjusted returns?

LDLVX currently has the higher Sharpe Ratio (1.92 vs 1.20), 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.