LSYIX vs. JEPQ

Last updated Jun 20, 2026

LSYIX (Lord Abbett Short Duration High Yield Fund) and JEPQ (JPMorgan Nasdaq Equity Premium Income ETF) are both funds - LSYIX is a High Yield Bonds fund managed by Lord Abbett, while JEPQ is a Nasdaq-100 fund tracking the Nasdaq-100 Index. Over the past 3 years, LSYIX returned 8.65%/yr vs 20.83%/yr for JEPQ. A 0.52 correlation means they provide meaningful diversification when combined. LSYIX charges 0.45%/yr vs 0.35%/yr for JEPQ.

Performance

LSYIX vs. JEPQ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Lord Abbett Short Duration High Yield Fund (LSYIX) and JPMorgan Nasdaq Equity Premium Income ETF (JEPQ). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LSYIX achieves a 2.45% return, which is significantly lower than JEPQ's 10.52% return.

LSYIX

• 1D: 0.10%
• 1M: 1.08%
• YTD: 2.45%
• 6M: 3.31%
• 1Y: 8.26%
• 3Y*: 8.65%
• 5Y*: 4.68%
• 10Y*: —

JEPQ

• 1D: 1.61%
• 1M: 3.22%
• YTD: 10.52%
• 6M: 10.65%
• 1Y: 29.09%
• 3Y*: 20.83%
• 5Y*: —
• 10Y*: —

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

LSYIX vs. JEPQ - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
LSYIX Lord Abbett Short Duration High Yield Fund	2.45%	7.71%	8.65%	10.63%	-3.11%
JEPQ JPMorgan Nasdaq Equity Premium Income ETF	10.52%	15.18%	24.85%	36.28%	-11.16%

Correlation

The correlation between LSYIX and JEPQ is 0.57, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.57
Correlation (3Y) Calculated over the trailing 3-year period	0.50
Correlation (All Time) Calculated using the full available price history since May 4, 2022	0.52

The correlation between LSYIX and JEPQ has been stable across timeframes, ranging from 0.50 to 0.57 - a consistent structural relationship.

Return for Risk

LSYIX vs. JEPQ — Risk / Return Rank

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

LSYIX

LSYIX Risk / Return Rank: 82
LSYIX Sharpe Ratio Rank: 78
LSYIX Sortino Ratio Rank: 93
LSYIX Omega Ratio Rank: 88
LSYIX Calmar Ratio Rank: 67
LSYIX Martin Ratio Rank: 84

JEPQ

JEPQ Risk / Return Rank: 76
JEPQ Sharpe Ratio Rank: 76
JEPQ Sortino Ratio Rank: 72
JEPQ Omega Ratio Rank: 81
JEPQ Calmar Ratio Rank: 69
JEPQ Martin Ratio Rank: 82

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.

LSYIX vs. JEPQ - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Lord Abbett Short Duration High Yield Fund (LSYIX) and JPMorgan Nasdaq Equity Premium Income ETF (JEPQ). 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.

	LSYIX	JEPQ	Difference
Sharpe ratio: Return per unit of total volatility	2.33	2.28	+0.05
Sortino ratio: Return per unit of downside risk	4.32	3.02	+1.30
Omega ratio: Gain probability vs. loss probability	1.56	1.45	+0.11
Calmar ratio: Return relative to maximum drawdown	2.93	3.31	-0.39
Martin ratio: Return relative to average drawdown	14.28	15.77	-1.48

LSYIX vs. JEPQ - Sharpe Ratio Comparison

The current LSYIX Sharpe Ratio is 2.33, which is comparable to the JEPQ Sharpe Ratio of 2.28. The chart below compares the historical Sharpe Ratios of LSYIX and JEPQ, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

LSYIX vs. JEPQ - Drawdown Comparison

The maximum LSYIX drawdown since its inception was -10.79%, smaller than the maximum JEPQ drawdown of -20.07%. Use the drawdown chart below to compare losses from any high point for LSYIX and JEPQ.

Drawdown Indicators

	LSYIX	JEPQ	Difference
Max Drawdown Largest peak-to-trough decline	-10.79%	-20.07%	+9.28%
Max Drawdown (1Y) Largest decline over 1 year	-2.83%	-8.82%	+5.99%
Max Drawdown (3Y) Largest decline over 3 years	-5.29%	-20.07%	+14.78%
Max Drawdown (5Y) Largest decline over 5 years	-10.79%	—	—
Current Drawdown Current decline from peak	-0.10%	0.00%	-0.10%
Average Drawdown Average peak-to-trough decline	-1.84%	-3.40%	+1.56%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.58%	1.85%	-1.27%

Volatility

LSYIX vs. JEPQ - Volatility Comparison

The current volatility for Lord Abbett Short Duration High Yield Fund (LSYIX) is 1.00%, while JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) has a volatility of 5.70%. This indicates that LSYIX experiences smaller price fluctuations and is considered to be less risky than JEPQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LSYIX	JEPQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.00%	5.70%	-4.70%
Volatility (6M) Calculated over the trailing 6-month period	2.81%	10.49%	-7.68%
Volatility (1Y) Calculated over the trailing 1-year period	3.56%	12.83%	-9.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.33%	16.76%	-12.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.22%	16.76%	-12.54%

LSYIX vs. JEPQ - Expense Ratio Comparison

LSYIX has a 0.45% expense ratio, which is higher than JEPQ's 0.35% expense ratio.

Dividends

LSYIX vs. JEPQ - Dividend Comparison

LSYIX's dividend yield for the trailing twelve months is around 8.06%, less than JEPQ's 9.98% yield.

Position	TTM	2025	2024	2023	2022	2021	2020
JEPQ JPMorgan Nasdaq Equity Premium Income ETF	9.98%	10.53%	9.65%	10.03%	9.44%	0.00%	0.00%
LSYIX Lord Abbett Short Duration High Yield Fund	8.06%	8.11%	8.18%	6.51%	5.01%	5.96%	4.75%

Frequently Asked Questions

Can I hold both LSYIX and JEPQ in my portfolio?

LSYIX and JEPQ have a correlation of 0.57, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LSYIX or JEPQ?

JEPQ has higher volatility (5.70%) compared to LSYIX (1.00%). In terms of maximum drawdown, LSYIX dropped -10.79% vs JEPQ's -20.07%.

Which has better risk-adjusted returns?

LSYIX currently has the higher Sharpe Ratio (2.33 vs 2.28), 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.