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LSYIX vs. FLCNX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between LSYIX and FLCNX is 0.52, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


Performance

LSYIX vs. FLCNX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Lord Abbett Short Duration High Yield Fund (LSYIX) and Fidelity Contrafund K6 (FLCNX). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

LSYIX:

1.55

FLCNX:

0.85

Sortino Ratio

LSYIX:

2.10

FLCNX:

1.31

Omega Ratio

LSYIX:

1.38

FLCNX:

1.19

Calmar Ratio

LSYIX:

1.23

FLCNX:

0.96

Martin Ratio

LSYIX:

4.93

FLCNX:

3.28

Ulcer Index

LSYIX:

1.32%

FLCNX:

5.89%

Daily Std Dev

LSYIX:

4.30%

FLCNX:

22.62%

Max Drawdown

LSYIX:

-10.94%

FLCNX:

-32.55%

Current Drawdown

LSYIX:

-1.23%

FLCNX:

-3.43%

Returns By Period

In the year-to-date period, LSYIX achieves a 0.50% return, which is significantly lower than FLCNX's 4.25% return.


LSYIX

YTD

0.50%

1M

3.40%

6M

0.81%

1Y

6.71%

5Y*

6.50%

10Y*

N/A

FLCNX

YTD

4.25%

1M

12.26%

6M

2.87%

1Y

19.07%

5Y*

17.92%

10Y*

N/A

*Annualized

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LSYIX vs. FLCNX - Expense Ratio Comparison

Both LSYIX and FLCNX have an expense ratio of 0.45%.


Risk-Adjusted Performance

LSYIX vs. FLCNX — Risk-Adjusted Performance Rank

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

LSYIX
The Risk-Adjusted Performance Rank of LSYIX is 8989
Overall Rank
The Sharpe Ratio Rank of LSYIX is 9090
Sharpe Ratio Rank
The Sortino Ratio Rank of LSYIX is 8989
Sortino Ratio Rank
The Omega Ratio Rank of LSYIX is 9191
Omega Ratio Rank
The Calmar Ratio Rank of LSYIX is 8888
Calmar Ratio Rank
The Martin Ratio Rank of LSYIX is 8686
Martin Ratio Rank

FLCNX
The Risk-Adjusted Performance Rank of FLCNX is 7878
Overall Rank
The Sharpe Ratio Rank of FLCNX is 7474
Sharpe Ratio Rank
The Sortino Ratio Rank of FLCNX is 7777
Sortino Ratio Rank
The Omega Ratio Rank of FLCNX is 7878
Omega Ratio Rank
The Calmar Ratio Rank of FLCNX is 8383
Calmar Ratio Rank
The Martin Ratio Rank of FLCNX is 7676
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

LSYIX vs. FLCNX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Lord Abbett Short Duration High Yield Fund (LSYIX) and Fidelity Contrafund K6 (FLCNX). 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.


The current LSYIX Sharpe Ratio is 1.55, which is higher than the FLCNX Sharpe Ratio of 0.85. The chart below compares the historical Sharpe Ratios of LSYIX and FLCNX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

LSYIX vs. FLCNX - Dividend Comparison

LSYIX's dividend yield for the trailing twelve months is around 8.50%, more than FLCNX's 0.41% yield.


TTM20242023202220212020201920182017
LSYIX
Lord Abbett Short Duration High Yield Fund
8.50%8.39%7.84%6.66%5.60%4.09%0.00%0.00%0.00%
FLCNX
Fidelity Contrafund K6
0.41%0.36%0.49%1.18%0.46%0.21%0.30%0.33%0.15%

Drawdowns

LSYIX vs. FLCNX - Drawdown Comparison

The maximum LSYIX drawdown since its inception was -10.94%, smaller than the maximum FLCNX drawdown of -32.55%. Use the drawdown chart below to compare losses from any high point for LSYIX and FLCNX. For additional features, visit the drawdowns tool.


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Volatility

LSYIX vs. FLCNX - Volatility Comparison

The current volatility for Lord Abbett Short Duration High Yield Fund (LSYIX) is 1.34%, while Fidelity Contrafund K6 (FLCNX) has a volatility of 7.14%. This indicates that LSYIX experiences smaller price fluctuations and is considered to be less risky than FLCNX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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