Correlation
The correlation between LTRYX and SPSB is 0.08, 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.
LTRYX vs. SPSB
Compare and contrast key facts about Lord Abbett Total Return Fund (LTRYX) and SPDR Portfolio Short Term Corporate Bond ETF (SPSB).
LTRYX is managed by Lord Abbett. It was launched on Dec 14, 1998. SPSB is a passively managed fund by State Street that tracks the performance of the Bloomberg Barclays U.S. 1-3 Year Corporate Bond Index. It was launched on Dec 16, 2009.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LTRYX or SPSB.
Performance
LTRYX vs. SPSB - Performance Comparison
Loading data...
Key characteristics
LTRYX:
0.96
SPSB:
3.86
LTRYX:
1.43
SPSB:
5.96
LTRYX:
1.17
SPSB:
1.83
LTRYX:
0.47
SPSB:
8.07
LTRYX:
2.77
SPSB:
26.17
LTRYX:
1.80%
SPSB:
0.24%
LTRYX:
5.19%
SPSB:
1.65%
LTRYX:
-18.25%
SPSB:
-11.75%
LTRYX:
-5.47%
SPSB:
-0.07%
Returns By Period
In the year-to-date period, LTRYX achieves a 0.99% return, which is significantly lower than SPSB's 2.11% return. Over the past 10 years, LTRYX has underperformed SPSB with an annualized return of 1.73%, while SPSB has yielded a comparatively higher 2.34% annualized return.
LTRYX
0.99%
-0.39%
1.12%
5.00%
1.77%
0.27%
1.73%
SPSB
2.11%
0.33%
2.75%
6.29%
4.11%
2.25%
2.34%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
LTRYX vs. SPSB - Expense Ratio Comparison
LTRYX has a 0.40% expense ratio, which is higher than SPSB's 0.07% expense ratio.
Risk-Adjusted Performance
LTRYX vs. SPSB — Risk-Adjusted Performance Rank
LTRYX
SPSB
LTRYX vs. SPSB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Lord Abbett Total Return Fund (LTRYX) and SPDR Portfolio Short Term Corporate Bond ETF (SPSB). 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.
Loading data...
Dividends
LTRYX vs. SPSB - Dividend Comparison
LTRYX's dividend yield for the trailing twelve months is around 5.08%, more than SPSB's 4.84% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LTRYX Lord Abbett Total Return Fund | 5.08% | 5.01% | 4.68% | 3.71% | 2.91% | 4.80% | 3.10% | 3.56% | 2.82% | 3.37% | 3.32% | 3.77% |
SPSB SPDR Portfolio Short Term Corporate Bond ETF | 4.84% | 4.85% | 4.05% | 1.92% | 1.19% | 1.94% | 2.77% | 2.36% | 1.94% | 1.65% | 1.43% | 1.26% |
Drawdowns
LTRYX vs. SPSB - Drawdown Comparison
The maximum LTRYX drawdown since its inception was -18.25%, which is greater than SPSB's maximum drawdown of -11.75%. Use the drawdown chart below to compare losses from any high point for LTRYX and SPSB.
Loading data...
Volatility
LTRYX vs. SPSB - Volatility Comparison
Lord Abbett Total Return Fund (LTRYX) has a higher volatility of 1.35% compared to SPDR Portfolio Short Term Corporate Bond ETF (SPSB) at 0.51%. This indicates that LTRYX's price experiences larger fluctuations and is considered to be riskier than SPSB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...