LSYIX vs. VMFXX
Compare and contrast key facts about Lord Abbett Short Duration High Yield Fund (LSYIX) and Vanguard Federal Money Market Fund (VMFXX).
LSYIX is managed by Lord Abbett. It was launched on Apr 30, 2020. VMFXX is managed by Vanguard. It was launched on Sep 1, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LSYIX or VMFXX.
Correlation
The correlation between LSYIX and VMFXX is 0.24, 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.
Performance
LSYIX vs. VMFXX - Performance Comparison
Key characteristics
LSYIX:
2.97
VMFXX:
3.45
LSYIX:
0.44%
VMFXX:
0.00%
LSYIX:
3.19%
VMFXX:
1.39%
LSYIX:
-10.94%
VMFXX:
0.00%
LSYIX:
-0.10%
VMFXX:
0.00%
Returns By Period
LSYIX
1.09%
0.68%
3.81%
9.63%
N/A
N/A
VMFXX
0.00%
0.00%
2.05%
4.78%
2.42%
1.65%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
LSYIX vs. VMFXX - Expense Ratio Comparison
LSYIX has a 0.45% expense ratio, which is higher than VMFXX's 0.00% expense ratio.
Risk-Adjusted Performance
LSYIX vs. VMFXX — Risk-Adjusted Performance Rank
LSYIX
VMFXX
LSYIX vs. VMFXX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Lord Abbett Short Duration High Yield Fund (LSYIX) and Vanguard Federal Money Market Fund (VMFXX). 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.
Dividends
LSYIX vs. VMFXX - Dividend Comparison
LSYIX's dividend yield for the trailing twelve months is around 8.33%, more than VMFXX's 5.03% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|
LSYIX Lord Abbett Short Duration High Yield Fund | 8.33% | 8.40% | 7.84% | 6.66% | 5.60% | 4.09% | 0.00% | 0.00% | 0.00% |
VMFXX Vanguard Federal Money Market Fund | 5.03% | 5.11% | 4.97% | 1.54% | 0.01% | 0.45% | 2.12% | 1.61% | 0.50% |
Drawdowns
LSYIX vs. VMFXX - Drawdown Comparison
The maximum LSYIX drawdown since its inception was -10.94%, which is greater than VMFXX's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for LSYIX and VMFXX. For additional features, visit the drawdowns tool.
Volatility
LSYIX vs. VMFXX - Volatility Comparison
Lord Abbett Short Duration High Yield Fund (LSYIX) has a higher volatility of 0.76% compared to Vanguard Federal Money Market Fund (VMFXX) at 0.00%. This indicates that LSYIX's price experiences larger fluctuations and is considered to be riskier than VMFXX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.