LSCIX vs. QQQS

Last updated Jun 4, 2026

LSCIX (Lord Abbett Short Duration Core Bond Fund) and QQQS (Invesco NASDAQ Future Gen 200 ETF) are both funds - LSCIX is a Short-Term Bond fund managed by Lord Abbett, while QQQS is a Small Cap Blend Equities fund tracking the Nasdaq Innovators Completion Cap Total Return Index. Over the past 3 years, LSCIX returned 4.89%/yr vs 15.89%/yr for QQQS. At a 0.10 correlation, their price movements are largely independent. LSCIX charges 0.40%/yr vs 0.20%/yr for QQQS.

Performance

LSCIX vs. QQQS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Lord Abbett Short Duration Core Bond Fund (LSCIX) and Invesco NASDAQ Future Gen 200 ETF (QQQS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LSCIX achieves a 0.67% return, which is significantly lower than QQQS's 27.27% return.

LSCIX

• 1D: 0.00%
• 1M: 0.26%
• YTD: 0.67%
• 6M: 1.05%
• 1Y: 4.14%
• 3Y*: 4.89%
• 5Y*: 2.26%
• 10Y*: —

QQQS

• 1D: -1.70%
• 1M: 5.91%
• YTD: 27.27%
• 6M: 27.40%
• 1Y: 79.99%
• 3Y*: 15.89%
• 5Y*: —
• 10Y*: —

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

LSCIX vs. QQQS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
LSCIX Lord Abbett Short Duration Core Bond Fund	0.67%	5.73%	4.84%	4.78%	1.70%
QQQS Invesco NASDAQ Future Gen 200 ETF	27.27%	23.03%	10.20%	-1.94%	6.56%

Correlation

The correlation between LSCIX and QQQS is 0.19, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.19
Correlation (3Y) Calculated over the trailing 3-year period	0.12
Correlation (All Time) Calculated using the full available price history since Oct 14, 2022	0.10

Return for Risk

LSCIX vs. QQQS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

LSCIX

LSCIX Risk / Return Rank: 65
LSCIX Sharpe Ratio Rank: 47
LSCIX Sortino Ratio Rank: 82
LSCIX Omega Ratio Rank: 77
LSCIX Calmar Ratio Rank: 60
LSCIX Martin Ratio Rank: 57

QQQS

QQQS Risk / Return Rank: 85
QQQS Sharpe Ratio Rank: 88
QQQS Sortino Ratio Rank: 83
QQQS Omega Ratio Rank: 73
QQQS Calmar Ratio Rank: 91
QQQS Martin Ratio Rank: 88

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

LSCIX vs. QQQS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lord Abbett Short Duration Core Bond Fund (LSCIX) and Invesco NASDAQ Future Gen 200 ETF (QQQS). 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.

	LSCIX	QQQS	Difference
Sharpe ratio Return per unit of total volatility	2.01	3.00	-0.99
Sortino ratio Return per unit of downside risk	3.88	3.78	+0.10
Omega ratio Gain probability vs. loss probability	1.51	1.44	+0.07
Calmar ratio Return relative to maximum drawdown	2.96	5.90	-2.94
Martin ratio Return relative to average drawdown	11.39	19.70	-8.31
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LSCIX vs. QQQS - Sharpe Ratio Comparison

The current LSCIX Sharpe Ratio is 2.01, which is lower than the QQQS Sharpe Ratio of 3.00. The chart below compares the historical Sharpe Ratios of LSCIX and QQQS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	LSCIX	QQQS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.01	3.00	-0.99
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.00	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.10	0.63	+0.48

Drawdowns

LSCIX vs. QQQS - Drawdown Comparison

The maximum LSCIX drawdown since its inception was -7.31%, smaller than the maximum QQQS drawdown of -38.06%. Use the drawdown chart below to compare losses from any high point for LSCIX and QQQS.

Drawdown Indicators

	LSCIX	QQQS	Difference
Max Drawdown Largest peak-to-trough decline	-7.31%	-38.06%	+30.75%
Max Drawdown (1Y) Largest decline over 1 year	-1.40%	-13.63%	+12.23%
Max Drawdown (3Y) Largest decline over 3 years	-1.40%	-34.32%	+32.92%
Max Drawdown (5Y) Largest decline over 5 years	-6.51%	—	—
Current Drawdown Current decline from peak	-0.20%	-2.55%	+2.35%
Average Drawdown Average peak-to-trough decline	-0.96%	-13.26%	+12.30%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.36%	4.07%	-3.71%

Volatility

LSCIX vs. QQQS - Volatility Comparison

The current volatility for Lord Abbett Short Duration Core Bond Fund (LSCIX) is 0.69%, while Invesco NASDAQ Future Gen 200 ETF (QQQS) has a volatility of 7.39%. This indicates that LSCIX experiences smaller price fluctuations and is considered to be less risky than QQQS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LSCIX	QQQS	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.69%	7.39%	-6.70%
Volatility (6M) Calculated over the trailing 6-month period	1.53%	18.49%	-16.96%
Volatility (1Y) Calculated over the trailing 1-year period	2.07%	26.90%	-24.83%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.27%	28.34%	-26.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.11%	28.34%	-26.23%

LSCIX vs. QQQS - Expense Ratio Comparison

LSCIX has a 0.40% expense ratio, which is higher than QQQS's 0.20% expense ratio.

Dividends

LSCIX vs. QQQS - Dividend Comparison

LSCIX's dividend yield for the trailing twelve months is around 4.63%, more than QQQS's 2.73% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
LSCIX Lord Abbett Short Duration Core Bond Fund	4.63%	4.68%	4.61%	4.08%	2.32%	1.92%	2.49%	3.22%	3.35%	1.16%
QQQS Invesco NASDAQ Future Gen 200 ETF	2.73%	3.48%	0.80%	0.68%	0.04%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both LSCIX and QQQS in my portfolio?

LSCIX and QQQS have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LSCIX or QQQS?

QQQS has higher volatility (7.39%) compared to LSCIX (0.69%). In terms of maximum drawdown, LSCIX dropped -7.31% vs QQQS's -38.06%.

Which has better risk-adjusted returns?

QQQS currently has the higher Sharpe Ratio (3.00 vs 2.01), 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.