PSHYX vs. LLDYX
Compare and contrast key facts about Pioneer Short Term Income Fund (PSHYX) and Lord Abbett Short Duration Income Fund (LLDYX).
PSHYX is managed by Amundi US. It was launched on Jul 8, 2004. LLDYX is managed by Lord Abbett. It was launched on Oct 19, 2004.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PSHYX or LLDYX.
Performance
PSHYX vs. LLDYX - Performance Comparison
Returns By Period
The year-to-date returns for both stocks are quite close, with PSHYX having a 5.29% return and LLDYX slightly lower at 5.10%. Both investments have delivered pretty close results over the past 10 years, with PSHYX having a 2.38% annualized return and LLDYX not far behind at 2.37%.
PSHYX
5.29%
0.01%
3.52%
7.59%
2.62%
2.38%
LLDYX
5.10%
0.17%
3.19%
6.93%
1.98%
2.37%
Key characteristics
| PSHYX | LLDYX | |
|---|---|---|
| Sharpe Ratio | 3.12 | 2.54 |
| Sortino Ratio | 6.34 | 4.60 |
| Omega Ratio | 1.89 | 1.87 |
| Calmar Ratio | 8.50 | 4.20 |
| Martin Ratio | 23.16 | 22.89 |
| Ulcer Index | 0.33% | 0.30% |
| Daily Std Dev | 2.43% | 2.71% |
| Max Drawdown | -12.99% | -10.54% |
| Current Drawdown | -0.66% | -0.60% |
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PSHYX vs. LLDYX - Expense Ratio Comparison
PSHYX has a 0.46% expense ratio, which is higher than LLDYX's 0.38% expense ratio.
Correlation
The correlation between PSHYX and LLDYX is 0.52, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Risk-Adjusted Performance
PSHYX vs. LLDYX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Pioneer Short Term Income Fund (PSHYX) and Lord Abbett Short Duration Income Fund (LLDYX). 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
PSHYX vs. LLDYX - Dividend Comparison
PSHYX's dividend yield for the trailing twelve months is around 5.69%, more than LLDYX's 5.13% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PSHYX Pioneer Short Term Income Fund | 5.69% | 5.49% | 3.46% | 2.50% | 2.79% | 3.36% | 2.73% | 2.27% | 2.09% | 1.87% | 1.92% | 2.26% |
LLDYX Lord Abbett Short Duration Income Fund | 5.13% | 4.71% | 3.42% | 2.52% | 3.04% | 3.80% | 4.15% | 3.88% | 4.14% | 4.15% | 4.02% | 3.89% |
Drawdowns
PSHYX vs. LLDYX - Drawdown Comparison
The maximum PSHYX drawdown since its inception was -12.99%, which is greater than LLDYX's maximum drawdown of -10.54%. Use the drawdown chart below to compare losses from any high point for PSHYX and LLDYX. For additional features, visit the drawdowns tool.
Volatility
PSHYX vs. LLDYX - Volatility Comparison
The current volatility for Pioneer Short Term Income Fund (PSHYX) is 0.64%, while Lord Abbett Short Duration Income Fund (LLDYX) has a volatility of 0.74%. This indicates that PSHYX experiences smaller price fluctuations and is considered to be less risky than LLDYX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.