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RCRIX vs. LFRIX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

RCRIX vs. LFRIX

Last updated Jun 23, 2026

RCRIX (RiverPark Floating Rate CMBS Fund) and LFRIX (Lord Abbett Floating Rate Fund) are both Bank Loan funds. Over the past 5 years, RCRIX returned 5.37%/yr vs 5.38%/yr for LFRIX. At a 0.14 correlation, their price movements are largely independent. RCRIX charges 0.85%/yr vs 0.60%/yr for LFRIX.

Performance

RCRIX vs. LFRIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in RiverPark Floating Rate CMBS Fund (RCRIX) and Lord Abbett Floating Rate Fund (LFRIX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, RCRIX achieves a 2.14% return, which is significantly higher than LFRIX's 1.65% return.

RCRIX

1D
0.00%
1M
0.35%
YTD
2.14%
6M
2.20%
1Y
5.06%
3Y*
7.41%
5Y*
5.37%
10Y*
—

LFRIX

1D
0.00%
1M
0.42%
YTD
1.65%
6M
2.36%
1Y
6.33%
3Y*
7.63%
5Y*
5.38%
10Y*
4.56%
*Multi-year figures are annualized to reflect compound growth (CAGR)

RCRIX vs. LFRIX - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
RCRIX
RiverPark Floating Rate CMBS Fund		2.14%5.56%10.01%9.85%-0.72%2.81%-8.51%4.46%59.17%3.09%
LFRIX
Lord Abbett Floating Rate Fund		1.65%6.30%8.28%12.22%-2.99%5.48%-1.47%7.59%-0.01%2.52%

Correlation

The correlation between RCRIX and LFRIX is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.12

Correlation (3Y)
Calculated over the trailing 3-year period

0.10

Correlation (5Y)
Calculated over the trailing 5-year period

0.15

Correlation (All Time)
Calculated using the full available price history since Jun 12, 2017

0.14

Compare stocks, funds, or ETFs

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RiverPark Floating Rate CMBS Fund

Lord Abbett Floating Rate Fund

Often compared with RCRIX:
RCRIX vs. CAPIXRCRIX vs. FFRSXRCRIX vs. BINCRCRIX vs. RSIIXRCRIX vs. DDFLXRCRIX vs. SFHIXRCRIX vs. HFHIX
Often compared with LFRIX:
LFRIX vs. FFRHXLFRIX vs. ARTUXLFRIX vs. HFHIXLFRIX vs. JFIIXLFRIX vs. BFRAXLFRIX vs. TFAIXLFRIX vs. AFRAX

Return for Risk

RCRIX vs. LFRIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
RCRIX
RCRIX Risk / Return Rank: 100100
Overall Rank
RCRIX Sharpe Ratio Rank: 100100
Sharpe Ratio Rank
RCRIX Sortino Ratio Rank: 100100
Sortino Ratio Rank
RCRIX Omega Ratio Rank: 100100
Omega Ratio Rank
RCRIX Calmar Ratio Rank: 100100
Calmar Ratio Rank
RCRIX Martin Ratio Rank: 100100
Martin Ratio Rank
LFRIX
LFRIX Risk / Return Rank: 9191
Overall Rank
LFRIX Sharpe Ratio Rank: 8787
Sharpe Ratio Rank
LFRIX Sortino Ratio Rank: 9898
Sortino Ratio Rank
LFRIX Omega Ratio Rank: 9898
Omega Ratio Rank
LFRIX Calmar Ratio Rank: 8888
Calmar Ratio Rank
LFRIX Martin Ratio Rank: 8787
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.

RCRIX vs. LFRIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for RiverPark Floating Rate CMBS Fund (RCRIX) and Lord Abbett Floating Rate Fund (LFRIX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

RCRIXLFRIXDifference
Sharpe ratioReturn per unit of total volatility
6.62
2.61

+4.02

Sortino ratioReturn per unit of downside risk
19.45
6.00

+13.45

Omega ratioGain probability vs. loss probability

8.21

2.03

+6.18

Calmar ratioReturn relative to maximum drawdown

26.83

4.09

+22.73

Martin ratioReturn relative to average drawdown

167.21

15.39

+151.82

RCRIX vs. LFRIX - Sharpe Ratio Comparison

The current RCRIX Sharpe Ratio is 6.62, which is higher than the LFRIX Sharpe Ratio of 2.61. The chart below compares the historical Sharpe Ratios of RCRIX and LFRIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Drawdowns

RCRIX vs. LFRIX - Drawdown Comparison

The maximum RCRIX drawdown since its inception was -30.00%, which is greater than LFRIX's maximum drawdown of -27.90%. Use the drawdown chart below to compare losses from any high point for RCRIX and LFRIX.

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Drawdown Indicators

RCRIXLFRIXDifference

Max Drawdown

Largest peak-to-trough decline

-30.00%

-27.90%

-2.10%

Max Drawdown (1Y)

Largest decline over 1 year

-0.19%

-1.55%

+1.36%

Max Drawdown (3Y)

Largest decline over 3 years

-1.93%

-2.59%

+0.66%

Max Drawdown (5Y)

Largest decline over 5 years

-3.75%

-6.23%

+2.48%

Max Drawdown (10Y)

Largest decline over 10 years

—

-21.75%

—

Current Drawdown

Current decline from peak

0.00%

-0.25%

+0.25%

Average Drawdown

Average peak-to-trough decline

-2.99%

-1.94%

-1.05%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.03%

0.41%

-0.38%

Volatility

RCRIX vs. LFRIX - Volatility Comparison

The current volatility for RiverPark Floating Rate CMBS Fund (RCRIX) is 0.21%, while Lord Abbett Floating Rate Fund (LFRIX) has a volatility of 0.65%. This indicates that RCRIX experiences smaller price fluctuations and is considered to be less risky than LFRIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

RCRIXLFRIXDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.21%

0.65%

-0.44%

Volatility (6M)

Calculated over the trailing 6-month period

0.60%

1.87%

-1.27%

Volatility (1Y)

Calculated over the trailing 1-year period

0.77%

2.44%

-1.67%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

1.60%

2.86%

-1.26%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

7.91%

3.91%

+4.00%

RCRIX vs. LFRIX - Expense Ratio Comparison

RCRIX has a 0.85% expense ratio, which is higher than LFRIX's 0.60% expense ratio.

Dividends

RCRIX vs. LFRIX - Dividend Comparison

RCRIX's dividend yield for the trailing twelve months is around 4.94%, less than LFRIX's 6.90% yield.

PositionTTM20252024202320222021202020192018201720162015
LFRIX
Lord Abbett Floating Rate Fund		6.90%7.20%7.68%7.63%3.95%4.01%4.64%5.71%5.60%4.65%4.64%4.72%
RCRIX
RiverPark Floating Rate CMBS Fund		4.94%5.30%6.85%7.90%3.80%2.34%3.16%3.36%49.16%3.64%0.00%0.00%

Frequently Asked Questions

RCRIX and LFRIX have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

LFRIX has higher volatility (0.65%) compared to RCRIX (0.21%). In terms of maximum drawdown, RCRIX dropped -30.00% vs LFRIX's -27.90%.

RCRIX currently has the higher Sharpe Ratio (6.62 vs 2.61), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

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