LISDX vs. DFSMX
Compare and contrast key facts about Lord Abbett Short Duration Tax Free Fund (LISDX) and DFA Short Term Municipal Bond Portfolio (DFSMX).
LISDX is managed by Lord Abbett. It was launched on Dec 30, 2008. DFSMX is managed by Dimensional. It was launched on Aug 19, 2002.
Performance
LISDX vs. DFSMX - Performance Comparison
Loading graphics...
LISDX vs. DFSMX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LISDX Lord Abbett Short Duration Tax Free Fund | -0.18% | 4.44% | 3.11% | 3.14% | -4.38% | 0.55% | 2.18% | 4.43% | 1.30% | 1.91% |
DFSMX DFA Short Term Municipal Bond Portfolio | 0.55% | 2.30% | 2.84% | 2.98% | -0.36% | -0.11% | 0.83% | 1.62% | 1.22% | 1.15% |
Returns By Period
In the year-to-date period, LISDX achieves a -0.18% return, which is significantly lower than DFSMX's 0.55% return. Over the past 10 years, LISDX has outperformed DFSMX with an annualized return of 1.51%, while DFSMX has yielded a comparatively lower 1.23% annualized return.
LISDX
- 1D
- 0.00%
- 1M
- -1.44%
- YTD
- -0.18%
- 6M
- 0.45%
- 1Y
- 3.29%
- 3Y*
- 3.11%
- 5Y*
- 1.27%
- 10Y*
- 1.51%
DFSMX
- 1D
- 0.04%
- 1M
- -0.05%
- YTD
- 0.55%
- 6M
- 1.10%
- 1Y
- 2.45%
- 3Y*
- 2.60%
- 5Y*
- 1.63%
- 10Y*
- 1.23%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
LISDX vs. DFSMX - Expense Ratio Comparison
LISDX has a 0.45% expense ratio, which is higher than DFSMX's 0.20% expense ratio.
Return for Risk
LISDX vs. DFSMX — Risk / Return Rank
LISDX
DFSMX
LISDX vs. DFSMX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lord Abbett Short Duration Tax Free Fund (LISDX) and DFA Short Term Municipal Bond Portfolio (DFSMX). 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.
| LISDX | DFSMX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.83 | 3.68 | -1.85 |
Sortino ratioReturn per unit of downside risk | 2.73 | 6.50 | -3.77 |
Omega ratioGain probability vs. loss probability | 1.59 | 3.20 | -1.61 |
Calmar ratioReturn relative to maximum drawdown | 2.15 | 4.59 | -2.44 |
Martin ratioReturn relative to average drawdown | 8.75 | 21.83 | -13.09 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading graphics...
Sharpe Ratios by Period
| LISDX | DFSMX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.83 | 3.68 | -1.85 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.79 | 2.11 | -1.31 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.86 | 1.60 | -0.74 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.24 | 1.78 | -0.54 |
Correlation
The correlation between LISDX and DFSMX is 0.35, 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.
Dividends
LISDX vs. DFSMX - Dividend Comparison
LISDX's dividend yield for the trailing twelve months is around 3.04%, more than DFSMX's 2.43% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LISDX Lord Abbett Short Duration Tax Free Fund | 3.04% | 3.53% | 3.06% | 2.34% | 1.12% | 1.05% | 1.58% | 2.15% | 1.74% | 1.31% | 1.29% | 1.22% |
DFSMX DFA Short Term Municipal Bond Portfolio | 2.43% | 2.08% | 2.80% | 1.94% | 0.63% | 0.19% | 0.83% | 1.22% | 1.11% | 0.95% | 0.94% | 0.95% |
Drawdowns
LISDX vs. DFSMX - Drawdown Comparison
The maximum LISDX drawdown since its inception was -6.72%, which is greater than DFSMX's maximum drawdown of -2.66%. Use the drawdown chart below to compare losses from any high point for LISDX and DFSMX.
Loading graphics...
Drawdown Indicators
| LISDX | DFSMX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -6.72% | -2.66% | -4.06% |
Max Drawdown (1Y)Largest decline over 1 year | -1.72% | -0.39% | -1.33% |
Max Drawdown (5Y)Largest decline over 5 years | -6.72% | -1.67% | -5.05% |
Max Drawdown (10Y)Largest decline over 10 years | -6.72% | -1.69% | -5.03% |
Current DrawdownCurrent decline from peak | -1.44% | -0.06% | -1.38% |
Average DrawdownAverage peak-to-trough decline | -0.81% | -0.24% | -0.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.42% | 0.10% | +0.32% |
Volatility
LISDX vs. DFSMX - Volatility Comparison
Lord Abbett Short Duration Tax Free Fund (LISDX) has a higher volatility of 0.52% compared to DFA Short Term Municipal Bond Portfolio (DFSMX) at 0.11%. This indicates that LISDX's price experiences larger fluctuations and is considered to be riskier than DFSMX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| LISDX | DFSMX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.52% | 0.11% | +0.41% |
Volatility (6M)Calculated over the trailing 6-month period | 0.99% | 0.37% | +0.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.99% | 0.68% | +1.31% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.61% | 0.78% | +0.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.75% | 0.77% | +0.98% |