LHYAX vs. SEIX
Compare and contrast key facts about Lord Abbett High Yield Fund (LHYAX) and Virtus Seix Senior Loan ETF (SEIX).
LHYAX is managed by Lord Abbett. It was launched on Dec 31, 1998. SEIX is an actively managed fund by Virtus Investment Partners. It was launched on Apr 24, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LHYAX or SEIX.
Correlation
The correlation between LHYAX and SEIX is 0.23, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
LHYAX vs. SEIX - Performance Comparison
Key characteristics
LHYAX:
2.80
SEIX:
3.49
LHYAX:
4.64
SEIX:
4.68
LHYAX:
1.65
SEIX:
2.19
LHYAX:
1.67
SEIX:
5.97
LHYAX:
17.50
SEIX:
21.07
LHYAX:
0.54%
SEIX:
0.35%
LHYAX:
3.40%
SEIX:
2.11%
LHYAX:
-30.39%
SEIX:
-17.50%
LHYAX:
-0.16%
SEIX:
-0.62%
Returns By Period
In the year-to-date period, LHYAX achieves a 1.05% return, which is significantly higher than SEIX's 0.08% return.
LHYAX
1.05%
0.42%
3.81%
9.86%
2.76%
4.34%
SEIX
0.08%
-0.21%
3.61%
7.00%
5.38%
N/A
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LHYAX vs. SEIX - Expense Ratio Comparison
LHYAX has a 0.88% expense ratio, which is higher than SEIX's 0.57% expense ratio.
Risk-Adjusted Performance
LHYAX vs. SEIX — Risk-Adjusted Performance Rank
LHYAX
SEIX
LHYAX vs. SEIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Lord Abbett High Yield Fund (LHYAX) and Virtus Seix Senior Loan ETF (SEIX). 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.
Dividends
LHYAX vs. SEIX - Dividend Comparison
LHYAX's dividend yield for the trailing twelve months is around 7.11%, less than SEIX's 7.24% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LHYAX Lord Abbett High Yield Fund | 7.11% | 7.13% | 6.40% | 6.05% | 5.12% | 5.11% | 5.48% | 6.30% | 5.66% | 5.86% | 6.07% | 8.34% |
SEIX Virtus Seix Senior Loan ETF | 7.24% | 8.09% | 8.75% | 5.75% | 4.16% | 3.76% | 3.82% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
LHYAX vs. SEIX - Drawdown Comparison
The maximum LHYAX drawdown since its inception was -30.39%, which is greater than SEIX's maximum drawdown of -17.50%. Use the drawdown chart below to compare losses from any high point for LHYAX and SEIX. For additional features, visit the drawdowns tool.
Volatility
LHYAX vs. SEIX - Volatility Comparison
Lord Abbett High Yield Fund (LHYAX) has a higher volatility of 0.82% compared to Virtus Seix Senior Loan ETF (SEIX) at 0.65%. This indicates that LHYAX's price experiences larger fluctuations and is considered to be riskier than SEIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.