LISAX vs. VTEB
Compare and contrast key facts about Lord Abbett Intermediate Tax Free Fund (LISAX) and Vanguard Tax-Exempt Bond ETF (VTEB).
LISAX is managed by Lord Abbett. It was launched on Jun 29, 2003. VTEB is a passively managed fund by Vanguard that tracks the performance of the S&P National AMT-Free Municipal Bond Index. It was launched on Aug 21, 2015.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LISAX or VTEB.
Correlation
The correlation between LISAX and VTEB is 0.01, 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
LISAX vs. VTEB - Performance Comparison
Key characteristics
LISAX:
0.31
VTEB:
0.10
LISAX:
0.43
VTEB:
0.16
LISAX:
1.07
VTEB:
1.02
LISAX:
0.22
VTEB:
0.10
LISAX:
1.05
VTEB:
0.32
LISAX:
1.23%
VTEB:
1.52%
LISAX:
4.14%
VTEB:
4.73%
LISAX:
-14.69%
VTEB:
-17.00%
LISAX:
-3.66%
VTEB:
-2.92%
Returns By Period
In the year-to-date period, LISAX achieves a -0.73% return, which is significantly higher than VTEB's -1.35% return.
LISAX
-0.73%
2.03%
-0.68%
1.30%
1.47%
1.87%
VTEB
-1.35%
1.11%
-1.63%
0.48%
0.91%
N/A
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LISAX vs. VTEB - Expense Ratio Comparison
LISAX has a 0.71% expense ratio, which is higher than VTEB's 0.05% expense ratio.
Risk-Adjusted Performance
LISAX vs. VTEB — Risk-Adjusted Performance Rank
LISAX
VTEB
LISAX vs. VTEB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Lord Abbett Intermediate Tax Free Fund (LISAX) and Vanguard Tax-Exempt Bond ETF (VTEB). 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
LISAX vs. VTEB - Dividend Comparison
LISAX's dividend yield for the trailing twelve months is around 3.02%, less than VTEB's 3.27% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LISAX Lord Abbett Intermediate Tax Free Fund | 3.02% | 3.16% | 2.74% | 2.37% | 2.23% | 2.33% | 2.64% | 2.63% | 2.43% | 2.60% | 2.76% | 2.90% |
VTEB Vanguard Tax-Exempt Bond ETF | 3.27% | 3.14% | 2.79% | 2.09% | 1.65% | 1.99% | 2.30% | 2.25% | 1.96% | 1.66% | 0.58% | 0.00% |
Drawdowns
LISAX vs. VTEB - Drawdown Comparison
The maximum LISAX drawdown since its inception was -14.69%, smaller than the maximum VTEB drawdown of -17.00%. Use the drawdown chart below to compare losses from any high point for LISAX and VTEB. For additional features, visit the drawdowns tool.
Volatility
LISAX vs. VTEB - Volatility Comparison
Lord Abbett Intermediate Tax Free Fund (LISAX) has a higher volatility of 2.04% compared to Vanguard Tax-Exempt Bond ETF (VTEB) at 1.59%. This indicates that LISAX's price experiences larger fluctuations and is considered to be riskier than VTEB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.