LPXZX vs. ORDNX

Last updated Aug 1, 2026

LPXZX (Cohen & Steers Low Duration Preferred and Income Fund) and ORDNX (North Square Preferred and Income Securities Fund) are both Preferred Stock funds. Over the past 10 years, LPXZX returned 4.07%/yr vs 11.18%/yr for ORDNX. Their 0.40 correlation means their historical movements had little consistent relationship. LPXZX charges 0.60%/yr vs 1.27%/yr for ORDNX.

Performance

LPXZX vs. ORDNX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Cohen & Steers Low Duration Preferred and Income Fund (LPXZX) and North Square Preferred and Income Securities Fund (ORDNX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LPXZX achieves a 2.14% return, which is significantly higher than ORDNX's 1.10% return. Over the past 10 years, LPXZX has underperformed ORDNX with an annualized return of 4.07%, while ORDNX has yielded a comparatively higher 11.18% annualized return.

LPXZX

• 1D: 0.11%
• 1M: -0.31%
• 6M: 1.57%
• YTD: 2.14%
• 1Y: 4.46%
• 3Y*: 7.40%
• 5Y*: 3.59%
• 10Y*: 4.07%
• ALL TIME*: 4.15%

ORDNX

• 1D: -0.06%
• 1M: -0.86%
• 6M: 0.40%
• YTD: 1.10%
• 1Y: 3.83%
• 3Y*: 9.50%
• 5Y*: 5.87%
• 10Y*: 11.18%
• ALL TIME*: 10.18%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
LPXZX Cohen & Steers Low Duration Preferred and Income Fund	$0.00	$0.00	$0.00
ORDNX North Square Preferred and Income Securities Fund	$0.00	$0.00	$0.00

LPXZX vs. ORDNX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
LPXZX Cohen & Steers Low Duration Preferred and Income Fund	2.14%	6.89%	8.75%	6.91%	-5.78%	2.08%	4.27%	11.38%	-1.44%	5.82%
ORDNX North Square Preferred and Income Securities Fund	1.10%	7.30%	14.81%	15.24%	-14.22%	27.51%	12.29%	31.10%	-0.98%	20.57%

Correlation

The correlation between LPXZX and ORDNX is 0.74, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.74
Correlation (3Y) Balances recent behavior with more history.	0.70
Correlation (5Y) Shows whether the relationship held over a longer period.	0.68
Correlation (10Y) Provides a long-term view across more market conditions.	0.41
Correlation (All Time) Calculated using the full available price history since Jan 4, 2016	0.40

Over the past year, LPXZX and ORDNX have become more correlated (0.74) than their long-term average of 0.40, meaning their price movements have been converging.

Return for Risk

LPXZX vs. ORDNX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

LPXZX

LPXZX Risk / Return Rank: 86
LPXZX Sharpe Ratio Rank: 94
LPXZX Sortino Ratio Rank: 92
LPXZX Omega Ratio Rank: 96
LPXZX Calmar Ratio Rank: 65
LPXZX Martin Ratio Rank: 82

ORDNX

ORDNX Risk / Return Rank: 59
ORDNX Sharpe Ratio Rank: 72
ORDNX Sortino Ratio Rank: 71
ORDNX Omega Ratio Rank: 76
ORDNX Calmar Ratio Rank: 34
ORDNX Martin Ratio Rank: 41

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

LPXZX vs. ORDNX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cohen & Steers Low Duration Preferred and Income Fund (LPXZX) and North Square Preferred and Income Securities Fund (ORDNX). 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.

	LPXZX	ORDNX	Difference
Sharpe ratio: Return per unit of total volatility	2.48	1.67	+0.81
Sortino ratio: Return per unit of downside risk	3.55	2.40	+1.15
Omega ratio: Gain probability vs. loss probability	1.62	1.33	+0.29
Calmar ratio: Return relative to maximum drawdown	2.19	1.45	+0.74
Martin ratio: Return relative to average drawdown	10.11	5.86	+4.25

LPXZX vs. ORDNX - Sharpe Ratio Comparison

The current LPXZX Sharpe Ratio is 2.48, which is higher than the ORDNX Sharpe Ratio of 1.67. The chart below compares the historical Sharpe Ratios of LPXZX and ORDNX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

LPXZX vs. ORDNX - Drawdown Comparison

The maximum LPXZX drawdown since its inception was -18.13%, smaller than the maximum ORDNX drawdown of -34.40%. Use the drawdown chart below to compare losses from any high point for LPXZX and ORDNX.

Drawdown Indicators

	LPXZX	ORDNX	Difference
Max Drawdown Largest peak-to-trough decline	-18.13%	-34.40%	+16.27%
Max Drawdown (1Y) Largest decline over 1 year	-2.14%	-2.66%	+0.52%
Max Drawdown (3Y) Largest decline over 3 years	-2.14%	-5.50%	+3.36%
Max Drawdown (5Y) Largest decline over 5 years	-9.69%	-18.77%	+9.08%
Max Drawdown (10Y) Largest decline over 10 years	-18.13%	-34.40%	+16.27%
Current Drawdown Current decline from peak	-0.31%	-0.90%	+0.59%
Average Drawdown Average peak-to-trough decline	-1.46%	-3.77%	+2.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.46%	0.66%	-0.20%

Volatility

LPXZX vs. ORDNX - Volatility Comparison

The current volatility for Cohen & Steers Low Duration Preferred and Income Fund (LPXZX) is 0.43%, while North Square Preferred and Income Securities Fund (ORDNX) has a volatility of 0.49%. This indicates that LPXZX experiences smaller price fluctuations and is considered to be less risky than ORDNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LPXZX	ORDNX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.43%	0.49%	-0.06%
Volatility (6M) Calculated over the trailing 6-month period	1.56%	2.00%	-0.44%
Volatility (1Y) Calculated over the trailing 1-year period	1.89%	2.30%	-0.41%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.72%	6.39%	-3.67%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.77%	14.07%	-10.30%

LPXZX vs. ORDNX - Expense Ratio Comparison

LPXZX has a 0.60% expense ratio, which is lower than ORDNX's 1.27% expense ratio.

Dividends

LPXZX vs. ORDNX - Dividend Comparison

LPXZX's dividend yield for the trailing twelve months is around 4.71%, less than ORDNX's 6.78% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LPXZX Cohen & Steers Low Duration Preferred and Income Fund	4.71%	4.84%	5.10%	4.92%	4.45%	4.21%	4.36%	4.51%	4.71%	3.78%	4.10%	0.00%
ORDNX North Square Preferred and Income Securities Fund	6.78%	6.99%	5.50%	5.72%	15.30%	8.48%	2.77%	1.85%	3.13%	1.22%	2.65%	2.98%

Frequently Asked Questions

Can I hold both LPXZX and ORDNX in my portfolio?

LPXZX and ORDNX have a correlation of 0.74, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LPXZX or ORDNX?

ORDNX has higher volatility (0.49%) compared to LPXZX (0.43%). In terms of maximum drawdown, LPXZX dropped -18.13% vs ORDNX's -34.40%.

Which has better risk-adjusted returns?

LPXZX currently has the higher Sharpe Ratio (2.48 vs 1.67), 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.