LHYAX vs. RITGX
Compare and contrast key facts about Lord Abbett High Yield Fund (LHYAX) and American Funds American High-Income Trust® Class R-6 (RITGX).
LHYAX is managed by Lord Abbett. It was launched on Dec 31, 1998. RITGX is managed by American Funds. It was launched on Aug 4, 2008.
Performance
LHYAX vs. RITGX - Performance Comparison
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LHYAX vs. RITGX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LHYAX Lord Abbett High Yield Fund | -1.34% | 7.44% | 7.25% | 9.84% | -14.97% | 6.16% | 4.56% | 15.11% | -5.10% | 8.53% |
RITGX American Funds American High-Income Trust® Class R-6 | -0.47% | 8.69% | 9.91% | 12.54% | -10.10% | 8.74% | 7.44% | 12.28% | -1.46% | 7.70% |
Returns By Period
In the year-to-date period, LHYAX achieves a -1.34% return, which is significantly lower than RITGX's -0.47% return. Over the past 10 years, LHYAX has underperformed RITGX with an annualized return of 4.71%, while RITGX has yielded a comparatively higher 6.57% annualized return.
LHYAX
- 1D
- 0.65%
- 1M
- -2.05%
- YTD
- -1.34%
- 6M
- -0.00%
- 1Y
- 5.50%
- 3Y*
- 6.74%
- 5Y*
- 2.05%
- 10Y*
- 4.71%
RITGX
- 1D
- 0.62%
- 1M
- -1.61%
- YTD
- -0.47%
- 6M
- 0.81%
- 1Y
- 6.69%
- 3Y*
- 9.12%
- 5Y*
- 4.93%
- 10Y*
- 6.57%
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LHYAX vs. RITGX - Expense Ratio Comparison
LHYAX has a 0.88% expense ratio, which is higher than RITGX's 0.32% expense ratio.
Return for Risk
LHYAX vs. RITGX — Risk / Return Rank
LHYAX
RITGX
LHYAX vs. RITGX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lord Abbett High Yield Fund (LHYAX) and American Funds American High-Income Trust® Class R-6 (RITGX). 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.
| LHYAX | RITGX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.34 | 1.60 | -0.26 |
Sortino ratioReturn per unit of downside risk | 1.86 | 2.09 | -0.23 |
Omega ratioGain probability vs. loss probability | 1.31 | 1.38 | -0.07 |
Calmar ratioReturn relative to maximum drawdown | 1.57 | 2.15 | -0.58 |
Martin ratioReturn relative to average drawdown | 6.06 | 9.13 | -3.08 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| LHYAX | RITGX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.34 | 1.60 | -0.26 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.41 | 0.99 | -0.59 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.83 | 1.20 | -0.37 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.14 | 1.18 | -0.05 |
Correlation
The correlation between LHYAX and RITGX is 0.84, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
LHYAX vs. RITGX - Dividend Comparison
LHYAX's dividend yield for the trailing twelve months is around 6.76%, more than RITGX's 6.21% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LHYAX Lord Abbett High Yield Fund | 6.76% | 7.13% | 6.02% | 5.84% | 4.60% | 4.91% | 5.15% | 5.47% | 6.29% | 5.65% | 5.85% | 6.08% |
RITGX American Funds American High-Income Trust® Class R-6 | 6.21% | 6.63% | 6.66% | 6.80% | 4.50% | 4.65% | 6.19% | 6.56% | 6.68% | 6.36% | 5.36% | 7.29% |
Drawdowns
LHYAX vs. RITGX - Drawdown Comparison
The maximum LHYAX drawdown since its inception was -31.68%, which is greater than RITGX's maximum drawdown of -21.20%. Use the drawdown chart below to compare losses from any high point for LHYAX and RITGX.
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Drawdown Indicators
| LHYAX | RITGX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -31.68% | -21.20% | -10.48% |
Max Drawdown (1Y)Largest decline over 1 year | -3.80% | -3.38% | -0.42% |
Max Drawdown (5Y)Largest decline over 5 years | -18.67% | -13.75% | -4.92% |
Max Drawdown (10Y)Largest decline over 10 years | -24.23% | -21.20% | -3.03% |
Current DrawdownCurrent decline from peak | -2.39% | -1.81% | -0.58% |
Average DrawdownAverage peak-to-trough decline | -3.09% | -2.25% | -0.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.99% | 0.80% | +0.19% |
Volatility
LHYAX vs. RITGX - Volatility Comparison
Lord Abbett High Yield Fund (LHYAX) has a higher volatility of 1.61% compared to American Funds American High-Income Trust® Class R-6 (RITGX) at 1.37%. This indicates that LHYAX's price experiences larger fluctuations and is considered to be riskier than RITGX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LHYAX | RITGX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.61% | 1.37% | +0.24% |
Volatility (6M)Calculated over the trailing 6-month period | 2.65% | 2.39% | +0.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.25% | 4.34% | -0.09% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.04% | 4.98% | +0.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.72% | 5.52% | +0.20% |