LISDX vs. LLDYX
Compare and contrast key facts about Lord Abbett Short Duration Tax Free Fund (LISDX) and Lord Abbett Short Duration Income Fund (LLDYX).
LISDX is managed by Lord Abbett. It was launched on Dec 30, 2008. LLDYX is managed by Lord Abbett. It was launched on Oct 19, 2004.
Performance
LISDX vs. LLDYX - Performance Comparison
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LISDX vs. LLDYX - 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% |
LLDYX Lord Abbett Short Duration Income Fund | -0.47% | 6.19% | 5.59% | 5.41% | -5.35% | 1.07% | 3.17% | 5.64% | 1.47% | 2.74% |
Returns By Period
In the year-to-date period, LISDX achieves a -0.18% return, which is significantly higher than LLDYX's -0.47% return. Over the past 10 years, LISDX has underperformed LLDYX with an annualized return of 1.51%, while LLDYX has yielded a comparatively higher 2.78% 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%
LLDYX
- 1D
- 0.00%
- 1M
- -1.29%
- YTD
- -0.47%
- 6M
- 0.80%
- 1Y
- 4.07%
- 3Y*
- 5.00%
- 5Y*
- 2.30%
- 10Y*
- 2.78%
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LISDX vs. LLDYX - Expense Ratio Comparison
LISDX has a 0.45% expense ratio, which is higher than LLDYX's 0.38% expense ratio.
Return for Risk
LISDX vs. LLDYX — Risk / Return Rank
LISDX
LLDYX
LISDX vs. LLDYX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lord Abbett Short Duration Tax Free Fund (LISDX) and Lord Abbett Short Duration Income Fund (LLDYX). 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 | LLDYX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.83 | 1.73 | +0.11 |
Sortino ratioReturn per unit of downside risk | 2.73 | 2.89 | -0.15 |
Omega ratioGain probability vs. loss probability | 1.59 | 1.54 | +0.05 |
Calmar ratioReturn relative to maximum drawdown | 2.15 | 3.52 | -1.37 |
Martin ratioReturn relative to average drawdown | 8.75 | 13.37 | -4.62 |
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
| LISDX | LLDYX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.83 | 1.73 | +0.11 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.79 | 0.85 | -0.06 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.86 | 1.08 | -0.22 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.24 | 1.09 | +0.15 |
Correlation
The correlation between LISDX and LLDYX is 0.36, 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. LLDYX - Dividend Comparison
LISDX's dividend yield for the trailing twelve months is around 3.04%, less than LLDYX's 4.81% 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% |
LLDYX Lord Abbett Short Duration Income Fund | 4.81% | 5.21% | 5.16% | 4.71% | 2.58% | 2.52% | 3.06% | 3.79% | 4.11% | 3.90% | 4.15% | 4.15% |
Drawdowns
LISDX vs. LLDYX - Drawdown Comparison
The maximum LISDX drawdown since its inception was -6.72%, smaller than the maximum LLDYX drawdown of -10.54%. Use the drawdown chart below to compare losses from any high point for LISDX and LLDYX.
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Drawdown Indicators
| LISDX | LLDYX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -6.72% | -10.54% | +3.82% |
Max Drawdown (1Y)Largest decline over 1 year | -1.72% | -1.29% | -0.43% |
Max Drawdown (5Y)Largest decline over 5 years | -6.72% | -7.43% | +0.71% |
Max Drawdown (10Y)Largest decline over 10 years | -6.72% | -9.67% | +2.95% |
Current DrawdownCurrent decline from peak | -1.44% | -1.29% | -0.15% |
Average DrawdownAverage peak-to-trough decline | -0.81% | -1.21% | +0.40% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.42% | 0.34% | +0.08% |
Volatility
LISDX vs. LLDYX - Volatility Comparison
The current volatility for Lord Abbett Short Duration Tax Free Fund (LISDX) is 0.52%, while Lord Abbett Short Duration Income Fund (LLDYX) has a volatility of 0.74%. This indicates that LISDX experiences smaller price fluctuations and is considered to be less risky than LLDYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LISDX | LLDYX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.52% | 0.74% | -0.22% |
Volatility (6M)Calculated over the trailing 6-month period | 0.99% | 1.53% | -0.54% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.99% | 2.64% | -0.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 1.61% | 2.73% | -1.12% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 1.75% | 2.58% | -0.83% |