RPHIX vs. LSCIX

Last updated Jun 3, 2026

RPHIX (RiverPark Short Term High Yield Fund) and LSCIX (Lord Abbett Short Duration Core Bond Fund) are both mutual funds - RPHIX is a High Yield Bonds fund managed by RiverPark Funds, while LSCIX is a Short-Term Bond fund managed by Lord Abbett. Over the past 5 years, RPHIX returned 4.63%/yr vs 2.26%/yr for LSCIX. At a 0.04 correlation, their price movements are largely independent. RPHIX charges 0.89%/yr vs 0.40%/yr for LSCIX.

Performance

RPHIX vs. LSCIX - Performance Comparison

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

Returns By Period

In the year-to-date period, RPHIX achieves a 1.76% return, which is significantly higher than LSCIX's 0.67% return.

RPHIX

• 1D: 0.10%
• 1M: 0.42%
• YTD: 1.76%
• 6M: 2.31%
• 1Y: 4.50%
• 3Y*: 5.65%
• 5Y*: 4.63%
• 10Y*: 3.54%

LSCIX

• 1D: -0.11%
• 1M: 0.15%
• YTD: 0.67%
• 6M: 1.05%
• 1Y: 4.14%
• 3Y*: 4.89%
• 5Y*: 2.26%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

RPHIX vs. LSCIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
RPHIX RiverPark Short Term High Yield Fund	1.76%	4.76%	6.71%	5.87%	2.97%	2.05%	1.95%	2.77%	2.44%	1.53%
LSCIX Lord Abbett Short Duration Core Bond Fund	0.67%	5.73%	4.84%	4.78%	-4.20%	0.17%	2.76%	4.99%	1.62%	0.15%

Correlation

The correlation between RPHIX and LSCIX is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.16
Correlation (3Y) Calculated over the trailing 3-year period	0.00
Correlation (5Y) Calculated over the trailing 5-year period	0.04
Correlation (All Time) Calculated using the full available price history since Apr 25, 2017	0.04

The correlation between RPHIX and LSCIX shifts across timeframes, from 0.00 (3 years) to 0.16 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

RPHIX vs. LSCIX — Risk / Return Rank

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

RPHIX

RPHIX Risk / Return Rank: 100
RPHIX Sharpe Ratio Rank: 99
RPHIX Sortino Ratio Rank: 99
RPHIX Omega Ratio Rank: 99
RPHIX Calmar Ratio Rank: 100
RPHIX Martin Ratio Rank: 100

LSCIX

LSCIX Risk / Return Rank: 66
LSCIX Sharpe Ratio Rank: 44
LSCIX Sortino Ratio Rank: 79
LSCIX Omega Ratio Rank: 74
LSCIX Calmar Ratio Rank: 70
LSCIX Martin Ratio Rank: 64

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.

RPHIX vs. LSCIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for RiverPark Short Term High Yield Fund (RPHIX) and Lord Abbett Short Duration Core Bond Fund (LSCIX). 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.

	RPHIX	LSCIX	Difference
Sharpe ratio Return per unit of total volatility	5.27	1.95	+3.32
Sortino ratio Return per unit of downside risk	11.25	3.76	+7.49
Omega ratio Gain probability vs. loss probability	3.81	1.49	+2.32
Calmar ratio Return relative to maximum drawdown	44.16	3.25	+40.92
Martin ratio Return relative to average drawdown	124.15	12.52	+111.63
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

RPHIX vs. LSCIX - Sharpe Ratio Comparison

The current RPHIX Sharpe Ratio is 5.27, which is higher than the LSCIX Sharpe Ratio of 1.95. The chart below compares the historical Sharpe Ratios of RPHIX and LSCIX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	RPHIX	LSCIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	5.27	1.95	+3.32
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	3.68	1.00	+2.68
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	2.96	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.96	1.10	+1.86

Drawdowns

RPHIX vs. LSCIX - Drawdown Comparison

The maximum RPHIX drawdown since its inception was -3.16%, smaller than the maximum LSCIX drawdown of -7.31%. Use the drawdown chart below to compare losses from any high point for RPHIX and LSCIX.

Drawdown Indicators

	RPHIX	LSCIX	Difference
Max Drawdown Largest peak-to-trough decline	-3.16%	-7.31%	+4.15%
Max Drawdown (1Y) Largest decline over 1 year	-0.10%	-1.40%	+1.30%
Max Drawdown (3Y) Largest decline over 3 years	-0.72%	-1.40%	+0.68%
Max Drawdown (5Y) Largest decline over 5 years	-0.92%	-6.51%	+5.59%
Max Drawdown (10Y) Largest decline over 10 years	-3.16%	—	—
Current Drawdown Current decline from peak	0.00%	-0.20%	+0.20%
Average Drawdown Average peak-to-trough decline	-0.09%	-0.96%	+0.87%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.04%	0.36%	-0.32%

Volatility

RPHIX vs. LSCIX - Volatility Comparison

The current volatility for RiverPark Short Term High Yield Fund (RPHIX) is 0.24%, while Lord Abbett Short Duration Core Bond Fund (LSCIX) has a volatility of 0.69%. This indicates that RPHIX experiences smaller price fluctuations and is considered to be less risky than LSCIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	RPHIX	LSCIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.24%	0.69%	-0.45%
Volatility (6M) Calculated over the trailing 6-month period	0.59%	1.58%	-0.99%
Volatility (1Y) Calculated over the trailing 1-year period	0.88%	2.08%	-1.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	1.26%	2.27%	-1.01%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	1.20%	2.11%	-0.91%

RPHIX vs. LSCIX - Expense Ratio Comparison

RPHIX has a 0.89% expense ratio, which is higher than LSCIX's 0.40% expense ratio.

Dividends

RPHIX vs. LSCIX - Dividend Comparison

RPHIX's dividend yield for the trailing twelve months is around 4.08%, less than LSCIX's 4.63% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
LSCIX Lord Abbett Short Duration Core Bond Fund	4.63%	4.68%	4.61%	4.08%	2.32%	1.92%	2.49%	3.22%	3.35%	1.16%	0.00%	0.00%
RPHIX RiverPark Short Term High Yield Fund	4.08%	4.76%	6.40%	5.08%	3.46%	2.03%	2.44%	2.85%	2.83%	2.68%	2.63%	3.19%

Frequently Asked Questions

Can I hold both RPHIX and LSCIX in my portfolio?

RPHIX and LSCIX have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, RPHIX or LSCIX?

LSCIX has higher volatility (0.69%) compared to RPHIX (0.24%). In terms of maximum drawdown, RPHIX dropped -3.16% vs LSCIX's -7.31%.

Which has better risk-adjusted returns?

RPHIX currently has the higher Sharpe Ratio (5.27 vs 1.95), 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.