LSYAX vs. LUBYX
Compare and contrast key facts about Lord Abbett Short Duration High Yield Fund (LSYAX) and Lord Abbett Ultra Short Bond Fund (LUBYX).
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. LUBYX is managed by Lord Abbett. It was launched on Oct 17, 2016.
Performance
LSYAX vs. LUBYX - Performance Comparison
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LSYAX vs. LUBYX - 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% |
LUBYX Lord Abbett Ultra Short Bond Fund | 0.40% | 4.99% | 5.70% | 5.16% | -0.38% | 0.07% | 1.68% |
Returns By Period
In the year-to-date period, LSYAX achieves a -1.81% return, which is significantly lower than LUBYX's 0.40% return.
LSYAX
- 1D
- 0.00%
- 1M
- -2.66%
- YTD
- -1.81%
- 6M
- -0.62%
- 1Y
- 5.29%
- 3Y*
- 7.23%
- 5Y*
- 3.96%
- 10Y*
- —
LUBYX
- 1D
- 0.10%
- 1M
- -0.30%
- YTD
- 0.40%
- 6M
- 1.52%
- 1Y
- 4.15%
- 3Y*
- 4.91%
- 5Y*
- 3.15%
- 10Y*
- —
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LSYAX vs. LUBYX - Expense Ratio Comparison
LSYAX has a 0.65% expense ratio, which is higher than LUBYX's 0.28% expense ratio.
Return for Risk
LSYAX vs. LUBYX — Risk / Return Rank
LSYAX
LUBYX
LSYAX vs. LUBYX - 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 Ultra Short Bond Fund (LUBYX). 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 | LUBYX | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.36 | 3.09 | -1.73 |
Sortino ratioReturn per unit of downside risk | 1.89 | 10.34 | -8.45 |
Omega ratioGain probability vs. loss probability | 1.33 | 3.37 | -2.04 |
Calmar ratioReturn relative to maximum drawdown | 1.33 | 11.49 | -10.16 |
Martin ratioReturn relative to average drawdown | 5.48 | 46.88 | -41.40 |
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 | LUBYX | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.36 | 3.09 | -1.73 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.95 | 2.36 | -1.41 |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.41 | 2.18 | -0.77 |
Correlation
The correlation between LSYAX and LUBYX is 0.36, 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. LUBYX - Dividend Comparison
LSYAX's dividend yield for the trailing twelve months is around 7.42%, more than LUBYX's 4.17% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
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% |
LUBYX Lord Abbett Ultra Short Bond Fund | 4.17% | 4.66% | 4.72% | 3.69% | 1.33% | 0.57% | 1.16% | 2.55% | 2.27% | 0.52% |
Drawdowns
LSYAX vs. LUBYX - Drawdown Comparison
The maximum LSYAX drawdown since its inception was -10.79%, which is greater than LUBYX's maximum drawdown of -2.59%. Use the drawdown chart below to compare losses from any high point for LSYAX and LUBYX.
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Drawdown Indicators
| LSYAX | LUBYX | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -10.79% | -2.59% | -8.20% |
Max Drawdown (1Y)Largest decline over 1 year | -4.12% | -0.40% | -3.72% |
Max Drawdown (5Y)Largest decline over 5 years | -10.79% | -1.86% | -8.93% |
Current DrawdownCurrent decline from peak | -2.84% | -0.30% | -2.54% |
Average DrawdownAverage peak-to-trough decline | -1.91% | -0.17% | -1.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.00% | 0.10% | +0.90% |
Volatility
LSYAX vs. LUBYX - Volatility Comparison
Lord Abbett Short Duration High Yield Fund (LSYAX) has a higher volatility of 1.29% compared to Lord Abbett Ultra Short Bond Fund (LUBYX) at 0.33%. This indicates that LSYAX's price experiences larger fluctuations and is considered to be riskier than LUBYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| LSYAX | LUBYX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.29% | 0.33% | +0.96% |
Volatility (6M)Calculated over the trailing 6-month period | 2.42% | 0.98% | +1.44% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.28% | 1.49% | +2.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.21% | 1.34% | +2.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.18% | 1.11% | +3.07% |