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PHYSX vs. LSYIX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

PHYSX vs. LSYIX - Performance Comparison

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

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PHYSX vs. LSYIX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020
PHYSX
PIA High Yield Fund
-2.34%1.82%10.33%16.17%-11.70%7.36%25.20%
LSYIX
Lord Abbett Short Duration High Yield Fund
-1.69%7.71%8.65%10.63%-7.19%4.69%14.35%

Returns By Period

In the year-to-date period, PHYSX achieves a -2.34% return, which is significantly lower than LSYIX's -1.69% return.


PHYSX

1D
0.25%
1M
-2.27%
YTD
-2.34%
6M
-3.12%
1Y
0.95%
3Y*
6.74%
5Y*
3.28%
10Y*
5.42%

LSYIX

1D
0.11%
1M
-2.57%
YTD
-1.69%
6M
-0.45%
1Y
5.59%
3Y*
7.45%
5Y*
4.12%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

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PHYSX vs. LSYIX - Expense Ratio Comparison

PHYSX has a 0.86% expense ratio, which is higher than LSYIX's 0.45% expense ratio.


Return for Risk

PHYSX vs. LSYIX — Risk / Return Rank

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

PHYSX
PHYSX Risk / Return Rank: 88
Overall Rank
PHYSX Sharpe Ratio Rank: 99
Sharpe Ratio Rank
PHYSX Sortino Ratio Rank: 77
Sortino Ratio Rank
PHYSX Omega Ratio Rank: 88
Omega Ratio Rank
PHYSX Calmar Ratio Rank: 77
Calmar Ratio Rank
PHYSX Martin Ratio Rank: 77
Martin Ratio Rank

LSYIX
LSYIX Risk / Return Rank: 7373
Overall Rank
LSYIX Sharpe Ratio Rank: 8080
Sharpe Ratio Rank
LSYIX Sortino Ratio Rank: 8080
Sortino Ratio Rank
LSYIX Omega Ratio Rank: 8686
Omega Ratio Rank
LSYIX Calmar Ratio Rank: 6161
Calmar Ratio Rank
LSYIX Martin Ratio Rank: 6161
Martin Ratio Rank
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.

PHYSX vs. LSYIX - Risk-Adjusted Trends Comparison

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


PHYSXLSYIXDifference

Sharpe ratio

Return per unit of total volatility

0.17

1.44

-1.28

Sortino ratio

Return per unit of downside risk

0.24

1.99

-1.76

Omega ratio

Gain probability vs. loss probability

1.04

1.35

-0.32

Calmar ratio

Return relative to maximum drawdown

0.06

1.41

-1.34

Martin ratio

Return relative to average drawdown

0.18

5.83

-5.65

PHYSX vs. LSYIX - Sharpe Ratio Comparison

The current PHYSX Sharpe Ratio is 0.17, which is lower than the LSYIX Sharpe Ratio of 1.44. The chart below compares the historical Sharpe Ratios of PHYSX and LSYIX, 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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Sharpe Ratios by Period


PHYSXLSYIXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.17

1.44

-1.28

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.82

0.98

-0.16

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

1.33

Sharpe Ratio (All Time)

Calculated using the full available price history

1.61

1.44

+0.18

Correlation

The correlation between PHYSX and LSYIX is 0.71, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


Dividends

PHYSX vs. LSYIX - Dividend Comparison

PHYSX's dividend yield for the trailing twelve months is around 7.98%, more than LSYIX's 7.61% yield.


TTM20252024202320222021202020192018201720162015
PHYSX
PIA High Yield Fund
7.98%8.44%7.66%7.12%7.60%6.14%6.31%6.76%6.51%6.37%6.10%6.40%
LSYIX
Lord Abbett Short Duration High Yield Fund
7.61%8.11%8.18%6.51%5.01%5.96%4.75%0.00%0.00%0.00%0.00%0.00%

Drawdowns

PHYSX vs. LSYIX - Drawdown Comparison

The maximum PHYSX drawdown since its inception was -24.10%, which is greater than LSYIX's maximum drawdown of -10.79%. Use the drawdown chart below to compare losses from any high point for PHYSX and LSYIX.


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Drawdown Indicators


PHYSXLSYIXDifference

Max Drawdown

Largest peak-to-trough decline

-24.10%

-10.79%

-13.31%

Max Drawdown (1Y)

Largest decline over 1 year

-4.00%

-4.12%

+0.12%

Max Drawdown (5Y)

Largest decline over 5 years

-13.99%

-10.79%

-3.20%

Max Drawdown (10Y)

Largest decline over 10 years

-19.86%

Current Drawdown

Current decline from peak

-3.59%

-2.73%

-0.86%

Average Drawdown

Average peak-to-trough decline

-1.89%

-1.90%

+0.01%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.40%

0.99%

+0.41%

Volatility

PHYSX vs. LSYIX - Volatility Comparison

PIA High Yield Fund (PHYSX) has a higher volatility of 1.78% compared to Lord Abbett Short Duration High Yield Fund (LSYIX) at 1.31%. This indicates that PHYSX's price experiences larger fluctuations and is considered to be riskier than LSYIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


PHYSXLSYIXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.78%

1.31%

+0.47%

Volatility (6M)

Calculated over the trailing 6-month period

2.53%

2.40%

+0.13%

Volatility (1Y)

Calculated over the trailing 1-year period

4.34%

4.27%

+0.07%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

4.01%

4.24%

-0.23%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

4.08%

4.21%

-0.13%