LSYAX vs. LHYAX
Compare and contrast key facts about Lord Abbett Short Duration High Yield Fund (LSYAX) and Lord Abbett High Yield Fund (LHYAX).
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. LHYAX is managed by Lord Abbett. It was launched on Dec 31, 1998.
Performance
LSYAX vs. LHYAX - Performance Comparison
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LSYAX vs. LHYAX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
LSYAX Lord Abbett Short Duration High Yield Fund | -1.81% | 7.50% | 8.46% | 10.60% | -7.21% | 4.50% | 14.22% |
LHYAX Lord Abbett High Yield Fund | -1.97% | 7.44% | 7.25% | 9.84% | -14.97% | 6.16% | 21.30% |
Returns By Period
In the year-to-date period, LSYAX achieves a -1.81% return, which is significantly higher than LHYAX's -1.97% return.
LSYAX
- 1D
- 0.00%
- 1M
- -2.66%
- YTD
- -1.81%
- 6M
- -0.62%
- 1Y
- 5.29%
- 3Y*
- 7.23%
- 5Y*
- 3.96%
- 10Y*
- —
LHYAX
- 1D
- 0.00%
- 1M
- -2.83%
- YTD
- -1.97%
- 6M
- -0.64%
- 1Y
- 4.99%
- 3Y*
- 6.51%
- 5Y*
- 1.94%
- 10Y*
- 4.65%
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LSYAX vs. LHYAX - Expense Ratio Comparison
LSYAX has a 0.65% expense ratio, which is lower than LHYAX's 0.88% expense ratio.
Return for Risk
LSYAX vs. LHYAX — Risk / Return Rank
LSYAX
LHYAX
LSYAX vs. LHYAX - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Lord Abbett Short Duration High Yield Fund (LSYAX) and Lord Abbett High Yield Fund (LHYAX). 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 | LHYAX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.36 | 1.27 | +0.10 |
Sortino ratioReturn per unit of downside risk | 1.89 | 1.75 | +0.14 |
Omega ratioGain probability vs. loss probability | 1.33 | 1.29 | +0.04 |
Calmar ratioReturn relative to maximum drawdown | 1.33 | 1.35 | -0.02 |
Martin ratioReturn relative to average drawdown | 5.48 | 5.26 | +0.22 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| LSYAX | LHYAX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.36 | 1.27 | +0.10 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.95 | 0.39 | +0.56 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.81 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.41 | 1.13 | +0.28 |
Correlation
The correlation between LSYAX and LHYAX is 0.89, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
LSYAX vs. LHYAX - Dividend Comparison
LSYAX's dividend yield for the trailing twelve months is around 7.42%, more than LHYAX's 6.80% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LSYAX Lord Abbett Short Duration High Yield Fund | 7.42% | 7.91% | 8.01% | 6.38% | 4.86% | 5.77% | 4.64% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
LHYAX Lord Abbett High Yield Fund | 6.80% | 7.13% | 6.02% | 5.84% | 4.60% | 4.91% | 5.15% | 5.47% | 6.29% | 5.65% | 5.85% | 6.08% |
Drawdowns
LSYAX vs. LHYAX - Drawdown Comparison
The maximum LSYAX drawdown since its inception was -10.79%, smaller than the maximum LHYAX drawdown of -31.68%. Use the drawdown chart below to compare losses from any high point for LSYAX and LHYAX.
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Drawdown Indicators
| LSYAX | LHYAX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -10.79% | -31.68% | +20.89% |
Max Drawdown (1Y)Largest decline over 1 year | -4.12% | -3.80% | -0.32% |
Max Drawdown (5Y)Largest decline over 5 years | -10.79% | -18.67% | +7.88% |
Max Drawdown (10Y)Largest decline over 10 years | — | -24.23% | — |
Current DrawdownCurrent decline from peak | -2.84% | -3.02% | +0.18% |
Average DrawdownAverage peak-to-trough decline | -1.91% | -3.09% | +1.18% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.00% | 0.98% | +0.02% |
Volatility
LSYAX vs. LHYAX - Volatility Comparison
The current volatility for Lord Abbett Short Duration High Yield Fund (LSYAX) is 1.29%, while Lord Abbett High Yield Fund (LHYAX) has a volatility of 1.41%. This indicates that LSYAX experiences smaller price fluctuations and is considered to be less risky than LHYAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LSYAX | LHYAX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.29% | 1.41% | -0.12% |
Volatility (6M)Calculated over the trailing 6-month period | 2.42% | 2.57% | -0.15% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.28% | 4.22% | +0.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.21% | 5.04% | -0.83% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.18% | 5.72% | -1.54% |