LIFIX vs. WAIIX
LIFIX (Lord Abbett Inflation Focused Fund) and WAIIX (Western Asset Inflation Indexed Plus Bond Fund) are both Inflation-Protected Bonds funds. Over the past 10 years, LIFIX returned 3.97%/yr vs 2.22%/yr for WAIIX. At a 0.32 correlation, their price movements are largely independent. LIFIX charges 0.47%/yr vs 0.54%/yr for WAIIX.
Performance
LIFIX vs. WAIIX - Performance Comparison
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Returns By Period
In the year-to-date period, LIFIX achieves a 1.17% return, which is significantly higher than WAIIX's 0.90% return. Over the past 10 years, LIFIX has outperformed WAIIX with an annualized return of 3.97%, while WAIIX has yielded a comparatively lower 2.22% annualized return.
LIFIX
- 1D
- 0.09%
- 1M
- -0.04%
- YTD
- 1.17%
- 6M
- 1.56%
- 1Y
- 4.41%
- 3Y*
- 5.10%
- 5Y*
- 3.32%
- 10Y*
- 3.97%
WAIIX
- 1D
- 0.31%
- 1M
- 0.31%
- YTD
- 0.90%
- 6M
- 1.01%
- 1Y
- 3.63%
- 3Y*
- 3.14%
- 5Y*
- 0.34%
- 10Y*
- 2.22%
LIFIX vs. WAIIX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LIFIX Lord Abbett Inflation Focused Fund | 1.17% | 7.16% | 4.81% | 3.87% | -5.34% | 10.43% | 6.05% | 5.17% | -1.06% | 1.46% |
WAIIX Western Asset Inflation Indexed Plus Bond Fund | 0.90% | 6.41% | 1.05% | 3.30% | -12.64% | 4.74% | 9.84% | 9.79% | -2.25% | 3.82% |
Correlation
The correlation between LIFIX and WAIIX is 0.66, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.66 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.64 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.63 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.42 |
Correlation (All Time) Calculated using the full available price history since Apr 21, 2011 | 0.32 |
Over the past year, LIFIX and WAIIX have become more correlated (0.66) than their long-term average of 0.32, meaning their price movements have been converging.
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Return for Risk
LIFIX vs. WAIIX — Risk / Return Rank
LIFIX
WAIIX
LIFIX vs. WAIIX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lord Abbett Inflation Focused Fund (LIFIX) and Western Asset Inflation Indexed Plus Bond Fund (WAIIX). 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.
| LIFIX | WAIIX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.82 | ||
| Sortino ratioReturn per unit of downside risk | +1.75 | ||
| Omega ratioGain probability vs. loss probability | 1.43 | 1.20 | +0.23 |
| Calmar ratioReturn relative to maximum drawdown | 3.64 | 1.77 | +1.86 |
| Martin ratioReturn relative to average drawdown | 15.02 | 5.88 | +9.14 |
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Drawdowns
LIFIX vs. WAIIX - Drawdown Comparison
The maximum LIFIX drawdown since its inception was -18.02%, which is greater than WAIIX's maximum drawdown of -16.55%. Use the drawdown chart below to compare losses from any high point for LIFIX and WAIIX.
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Drawdown Indicators
| LIFIX | WAIIX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.02% | -16.55% | -1.47% |
Max Drawdown (1Y)Largest decline over 1 year | -1.27% | -2.18% | +0.91% |
Max Drawdown (3Y)Largest decline over 3 years | -2.11% | -5.85% | +3.74% |
Max Drawdown (5Y)Largest decline over 5 years | -8.49% | -15.99% | +7.50% |
Max Drawdown (10Y)Largest decline over 10 years | -18.02% | -15.99% | -2.03% |
Current DrawdownCurrent decline from peak | -0.93% | -2.61% | +1.68% |
Average DrawdownAverage peak-to-trough decline | -3.22% | -3.82% | +0.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.31% | 0.66% | -0.35% |
Volatility
LIFIX vs. WAIIX - Volatility Comparison
The current volatility for Lord Abbett Inflation Focused Fund (LIFIX) is 0.92%, while Western Asset Inflation Indexed Plus Bond Fund (WAIIX) has a volatility of 1.16%. This indicates that LIFIX experiences smaller price fluctuations and is considered to be less risky than WAIIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LIFIX | WAIIX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.92% | 1.16% | -0.24% |
Volatility (6M)Calculated over the trailing 6-month period | 1.76% | 2.49% | -0.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.37% | 3.45% | -1.08% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.00% | 6.39% | -2.39% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.53% | 5.66% | -1.13% |
LIFIX vs. WAIIX - Expense Ratio Comparison
LIFIX has a 0.47% expense ratio, which is lower than WAIIX's 0.54% expense ratio.
Dividends
LIFIX vs. WAIIX - Dividend Comparison
LIFIX's dividend yield for the trailing twelve months is around 4.96%, more than WAIIX's 3.47% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LIFIX Lord Abbett Inflation Focused Fund | 4.96% | 4.94% | 4.17% | 3.88% | 2.77% | 2.55% | 3.77% | 4.15% | 4.18% | 3.96% | 4.43% | 4.42% |
WAIIX Western Asset Inflation Indexed Plus Bond Fund | 3.47% | 4.12% | 3.44% | 2.80% | 6.69% | 12.25% | 1.38% | 2.18% | 2.82% | 2.03% | 1.30% | 0.37% |
Frequently Asked Questions
LIFIX and WAIIX have a correlation of 0.66, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
WAIIX has higher volatility (1.16%) compared to LIFIX (0.92%). In terms of maximum drawdown, LIFIX dropped -18.02% vs WAIIX's -16.55%.
LIFIX currently has the higher Sharpe Ratio (1.94 vs 1.12), 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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