LSYAX vs. JGH
LSYAX (Lord Abbett Short Duration High Yield Fund) and JGH (Nuveen Global High Income Fund) are both High Yield Bonds funds. Over the past 5 years, LSYAX returned 4.25%/yr vs 5.30%/yr for JGH. Their 0.49 correlation means their historical movements had little consistent relationship. LSYAX charges 0.65%/yr vs 1.68%/yr for JGH.
Performance
LSYAX vs. JGH - Performance Comparison
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Returns By Period
In the year-to-date period, LSYAX achieves a 1.63% return, which is significantly lower than JGH's 5.11% return.
LSYAX
- 1D
- 0.10%
- 1M
- -0.93%
- 6M
- 0.77%
- YTD
- 1.63%
- 1Y
- 5.24%
- 3Y*
- 7.56%
- 5Y*
- 4.25%
- 10Y*
- —
- ALL TIME*
- 6.12%
JGH
- 1D
- 0.08%
- 1M
- -0.13%
- 6M
- 1.68%
- YTD
- 5.11%
- 1Y
- 4.74%
- 3Y*
- 13.20%
- 5Y*
- 5.30%
- 10Y*
- 7.61%
- ALL TIME*
- 6.27%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $971.44K | $1.41M | $1.21M | |
| $0.00 | $0.00 | $0.00 |
LSYAX vs. JGH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
LSYAX Lord Abbett Short Duration High Yield Fund | 1.63% | 7.50% | 8.46% | 10.60% | -7.21% | 4.50% | 14.22% |
JGH Nuveen Global High Income Fund | 5.11% | 8.62% | 15.98% | 20.89% | -21.01% | 10.84% | 38.36% |
Correlation
The correlation between LSYAX and JGH is 0.52, 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. | 0.52 |
Correlation (3Y) Balances recent behavior with more history. | 0.50 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.50 |
Correlation (All Time) Calculated using the full available price history since Apr 23, 2020 | 0.49 |
The correlation between LSYAX and JGH has been stable across timeframes, ranging from 0.49 to 0.52 - a consistent structural relationship.
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Return for Risk
LSYAX vs. JGH — Risk / Return Rank
LSYAX
JGH
LSYAX vs. JGH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lord Abbett Short Duration High Yield Fund (LSYAX) and Nuveen Global High Income Fund (JGH). 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.
| LSYAX | JGH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.16 | ||
| Sortino ratioReturn per unit of downside risk | +2.27 | ||
| Omega ratioGain probability vs. loss probability | 1.37 | 1.10 | +0.27 |
| Calmar ratioReturn relative to maximum drawdown | 2.02 | 0.57 | +1.45 |
| Martin ratioReturn relative to average drawdown | 9.27 | 1.35 | +7.92 |
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Drawdowns
LSYAX vs. JGH - Drawdown Comparison
The maximum LSYAX drawdown since its inception was -10.79%, smaller than the maximum JGH drawdown of -43.79%. Use the drawdown chart below to compare losses from any high point for LSYAX and JGH.
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Drawdown Indicators
| LSYAX | JGH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -10.79% | -43.79% | +33.00% |
Max Drawdown (1Y)Largest decline over 1 year | -2.84% | -8.37% | +5.53% |
Max Drawdown (3Y)Largest decline over 3 years | -5.30% | -13.70% | +8.40% |
Max Drawdown (5Y)Largest decline over 5 years | -10.79% | -28.66% | +17.87% |
Max Drawdown (10Y)Largest decline over 10 years | — | -43.79% | — |
Current DrawdownCurrent decline from peak | -1.03% | -2.07% | +1.04% |
Average DrawdownAverage peak-to-trough decline | -1.83% | -6.93% | +5.10% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.62% | 3.52% | -2.90% |
Volatility
LSYAX vs. JGH - Volatility Comparison
The current volatility for Lord Abbett Short Duration High Yield Fund (LSYAX) is 0.51%, while Nuveen Global High Income Fund (JGH) has a volatility of 2.52%. This indicates that LSYAX experiences smaller price fluctuations and is considered to be less risky than JGH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LSYAX | JGH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.51% | 2.52% | -2.01% |
Volatility (6M)Calculated over the trailing 6-month period | 2.89% | 7.61% | -4.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.56% | 10.44% | -6.88% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.30% | 13.78% | -9.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.17% | 15.87% | -11.70% |
LSYAX vs. JGH - Expense Ratio Comparison
LSYAX has a 0.65% expense ratio, which is lower than JGH's 1.68% expense ratio.
Dividends
LSYAX vs. JGH - Dividend Comparison
LSYAX's dividend yield for the trailing twelve months is around 7.29%, less than JGH's 9.91% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
JGH Nuveen Global High Income Fund | 9.91% | 9.82% | 9.67% | 10.18% | 12.05% | 8.19% | 7.13% | 7.53% | 9.88% | 8.52% | 9.61% | 11.44% |
LSYAX Lord Abbett Short Duration High Yield Fund | 7.29% | 7.91% | 8.01% | 6.38% | 4.86% | 5.77% | 4.64% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
LSYAX and JGH have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
JGH has higher volatility (2.52%) compared to LSYAX (0.51%). In terms of maximum drawdown, LSYAX dropped -10.79% vs JGH's -43.79%.
LSYAX currently has the higher Sharpe Ratio (1.61 vs 0.46), 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.
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