LSYAX vs. FLXR

Last updated Apr 1, 2026

Compare and contrast key facts about Lord Abbett Short Duration High Yield Fund (LSYAX) and TCW Flexible Income ETF (FLXR).

LSYAX is a passively managed fund by Lord Abbett that tracks the performance of the ICE BofA HY U.S. Corp, Cash Pay, BB-B 1-5 YR USD Index. It was launched on May 1, 2020. FLXR is an actively managed fund by TCW. It was launched on Nov 30, 2018.

Performance

LSYAX vs. FLXR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Lord Abbett Short Duration High Yield Fund (LSYAX) and TCW Flexible Income ETF (FLXR). The values are adjusted to include any dividend payments, if applicable.

LSYAX vs. FLXR - Yearly Performance Comparison

	2026 (YTD)	2025	2024
LSYAX Lord Abbett Short Duration High Yield Fund	-1.81%	7.50%	5.08%
FLXR TCW Flexible Income ETF	0.17%	8.37%	4.77%

Returns By Period

In the year-to-date period, LSYAX achieves a -1.81% return, which is significantly lower than FLXR's 0.17% return.

LSYAX

• 1D: 0.00%
• 1M: -2.66%
• YTD: -1.81%
• 6M: -0.62%
• 1Y: 5.29%
• 3Y*: 7.23%
• 5Y*: 3.96%
• 10Y*: —

FLXR

• 1D: 0.29%
• 1M: -0.91%
• YTD: 0.17%
• 6M: 1.62%
• 1Y: 6.02%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LSYAX vs. FLXR - Expense Ratio Comparison

LSYAX has a 0.65% expense ratio, which is higher than FLXR's 0.40% expense ratio.

LSYAX

Lord Abbett Short Duration High Yield Fund

FLXR

TCW Flexible Income ETF

Return for Risk

LSYAX vs. FLXR — Risk / Return Rank

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

LSYAX

LSYAX Risk / Return Rank: 70
LSYAX Sharpe Ratio Rank: 77
LSYAX Sortino Ratio Rank: 76
LSYAX Omega Ratio Rank: 83
LSYAX Calmar Ratio Rank: 57
LSYAX Martin Ratio Rank: 57

FLXR

FLXR Risk / Return Rank: 96
FLXR Sharpe Ratio Rank: 95
FLXR Sortino Ratio Rank: 96
FLXR Omega Ratio Rank: 96
FLXR Calmar Ratio Rank: 96
FLXR Martin Ratio Rank: 95

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.

LSYAX vs. FLXR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lord Abbett Short Duration High Yield Fund (LSYAX) and TCW Flexible Income ETF (FLXR). 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.

	LSYAX	FLXR	Difference
Sharpe ratio Return per unit of total volatility	1.36	2.37	-1.01
Sortino ratio Return per unit of downside risk	1.89	3.29	-1.40
Omega ratio Gain probability vs. loss probability	1.33	1.48	-0.15
Calmar ratio Return relative to maximum drawdown	1.33	4.16	-2.83
Martin ratio Return relative to average drawdown	5.48	15.82	-10.34
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

LSYAX vs. FLXR - Sharpe Ratio Comparison

The current LSYAX Sharpe Ratio is 1.36, which is lower than the FLXR Sharpe Ratio of 2.37. The chart below compares the historical Sharpe Ratios of LSYAX and FLXR, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	LSYAX	FLXR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.36	2.37	-1.01
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.95	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.41	2.69	-1.28

Correlation

The correlation between LSYAX and FLXR is 0.29, 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

LSYAX vs. FLXR - Dividend Comparison

LSYAX's dividend yield for the trailing twelve months is around 7.42%, more than FLXR's 5.63% yield.

	TTM	2025	2024	2023	2022	2021	2020
LSYAX Lord Abbett Short Duration High Yield Fund	7.42%	7.91%	8.01%	6.38%	4.86%	5.77%	4.64%
FLXR TCW Flexible Income ETF	5.63%	5.66%	3.44%	0.00%	0.00%	0.00%	0.00%

Drawdowns

LSYAX vs. FLXR - Drawdown Comparison

The maximum LSYAX drawdown since its inception was -10.79%, which is greater than FLXR's maximum drawdown of -1.94%. Use the drawdown chart below to compare losses from any high point for LSYAX and FLXR.

Drawdown Indicators

	LSYAX	FLXR	Difference
Max Drawdown Largest peak-to-trough decline	-10.79%	-1.94%	-8.85%
Max Drawdown (1Y) Largest decline over 1 year	-4.12%	-1.47%	-2.65%
Max Drawdown (5Y) Largest decline over 5 years	-10.79%	—	—
Current Drawdown Current decline from peak	-2.84%	-0.91%	-1.93%
Average Drawdown Average peak-to-trough decline	-1.91%	-0.37%	-1.54%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.00%	0.39%	+0.61%

Volatility

LSYAX vs. FLXR - Volatility Comparison

Lord Abbett Short Duration High Yield Fund (LSYAX) has a higher volatility of 1.29% compared to TCW Flexible Income ETF (FLXR) at 1.04%. This indicates that LSYAX's price experiences larger fluctuations and is considered to be riskier than FLXR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LSYAX	FLXR	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.29%	1.04%	+0.25%
Volatility (6M) Calculated over the trailing 6-month period	2.42%	1.60%	+0.82%
Volatility (1Y) Calculated over the trailing 1-year period	4.28%	2.55%	+1.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.21%	2.83%	+1.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.18%	2.83%	+1.35%