LLDYX vs. CPITX
Compare and contrast key facts about Lord Abbett Short Duration Income Fund (LLDYX) and Counterpoint Tactical Income Fund (CPITX).
LLDYX is managed by Lord Abbett. It was launched on Oct 19, 2004. CPITX is managed by Counterpoint Mutual Funds. It was launched on Dec 3, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LLDYX or CPITX.
Performance
LLDYX vs. CPITX - Performance Comparison
Returns By Period
In the year-to-date period, LLDYX achieves a 5.10% return, which is significantly lower than CPITX's 6.56% return.
LLDYX
5.10%
0.17%
3.19%
6.93%
1.98%
2.37%
CPITX
6.56%
0.48%
4.26%
9.83%
5.36%
N/A
Key characteristics
| LLDYX | CPITX | |
|---|---|---|
| Sharpe Ratio | 2.54 | 4.80 |
| Sortino Ratio | 4.60 | 7.61 |
| Omega Ratio | 1.87 | 2.27 |
| Calmar Ratio | 4.20 | 10.09 |
| Martin Ratio | 22.89 | 44.66 |
| Ulcer Index | 0.30% | 0.22% |
| Daily Std Dev | 2.71% | 2.05% |
| Max Drawdown | -10.54% | -5.18% |
| Current Drawdown | -0.60% | -0.17% |
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LLDYX vs. CPITX - Expense Ratio Comparison
LLDYX has a 0.38% expense ratio, which is lower than CPITX's 1.46% expense ratio.
Correlation
The correlation between LLDYX and CPITX is 0.20, 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.
Risk-Adjusted Performance
LLDYX vs. CPITX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Lord Abbett Short Duration Income Fund (LLDYX) and Counterpoint Tactical Income Fund (CPITX). 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
LLDYX vs. CPITX - Dividend Comparison
LLDYX's dividend yield for the trailing twelve months is around 5.13%, less than CPITX's 5.82% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LLDYX Lord Abbett Short Duration Income Fund | 5.13% | 4.71% | 3.42% | 2.52% | 3.04% | 3.80% | 4.15% | 3.88% | 4.14% | 4.15% | 4.02% | 3.89% |
CPITX Counterpoint Tactical Income Fund | 5.82% | 5.81% | 2.64% | 3.95% | 2.26% | 3.68% | 2.14% | 4.59% | 3.24% | 1.39% | 0.00% | 0.00% |
Drawdowns
LLDYX vs. CPITX - Drawdown Comparison
The maximum LLDYX drawdown since its inception was -10.54%, which is greater than CPITX's maximum drawdown of -5.18%. Use the drawdown chart below to compare losses from any high point for LLDYX and CPITX. For additional features, visit the drawdowns tool.
Volatility
LLDYX vs. CPITX - Volatility Comparison
Lord Abbett Short Duration Income Fund (LLDYX) has a higher volatility of 0.74% compared to Counterpoint Tactical Income Fund (CPITX) at 0.59%. This indicates that LLDYX's price experiences larger fluctuations and is considered to be riskier than CPITX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.