LUBYX vs. OSTIX
Compare and contrast key facts about Lord Abbett Ultra Short Bond Fund (LUBYX) and Osterweis Strategic Income Fund (OSTIX).
LUBYX is managed by Lord Abbett. It was launched on Oct 17, 2016. OSTIX is managed by Osterweis. It was launched on Aug 30, 2002.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LUBYX or OSTIX.
Correlation
The correlation between LUBYX and OSTIX is 0.16, 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
LUBYX vs. OSTIX - Performance Comparison
Key characteristics
LUBYX:
3.73
OSTIX:
5.84
LUBYX:
14.02
OSTIX:
10.47
LUBYX:
4.40
OSTIX:
2.88
LUBYX:
29.49
OSTIX:
12.65
LUBYX:
99.19
OSTIX:
59.66
LUBYX:
0.06%
OSTIX:
0.13%
LUBYX:
1.58%
OSTIX:
1.38%
LUBYX:
-2.59%
OSTIX:
-10.06%
LUBYX:
0.00%
OSTIX:
0.00%
Returns By Period
In the year-to-date period, LUBYX achieves a 0.41% return, which is significantly lower than OSTIX's 0.99% return.
LUBYX
0.41%
0.41%
2.77%
5.92%
2.81%
N/A
OSTIX
0.99%
0.36%
3.57%
8.11%
5.63%
4.80%
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LUBYX vs. OSTIX - Expense Ratio Comparison
LUBYX has a 0.28% expense ratio, which is lower than OSTIX's 0.84% expense ratio.
Risk-Adjusted Performance
LUBYX vs. OSTIX — Risk-Adjusted Performance Rank
LUBYX
OSTIX
LUBYX vs. OSTIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Lord Abbett Ultra Short Bond Fund (LUBYX) and Osterweis Strategic Income Fund (OSTIX). 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
LUBYX vs. OSTIX - Dividend Comparison
LUBYX's dividend yield for the trailing twelve months is around 5.13%, less than OSTIX's 5.77% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LUBYX Lord Abbett Ultra Short Bond Fund | 5.13% | 5.15% | 4.45% | 2.15% | 0.75% | 1.17% | 2.55% | 2.27% | 0.52% | 0.00% | 0.00% | 0.00% |
OSTIX Osterweis Strategic Income Fund | 5.77% | 5.25% | 5.71% | 4.71% | 4.03% | 3.85% | 4.74% | 4.66% | 4.58% | 5.24% | 5.98% | 5.15% |
Drawdowns
LUBYX vs. OSTIX - Drawdown Comparison
The maximum LUBYX drawdown since its inception was -2.59%, smaller than the maximum OSTIX drawdown of -10.06%. Use the drawdown chart below to compare losses from any high point for LUBYX and OSTIX. For additional features, visit the drawdowns tool.
Volatility
LUBYX vs. OSTIX - Volatility Comparison
Lord Abbett Ultra Short Bond Fund (LUBYX) has a higher volatility of 0.43% compared to Osterweis Strategic Income Fund (OSTIX) at 0.28%. This indicates that LUBYX's price experiences larger fluctuations and is considered to be riskier than OSTIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.