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SBND vs. LLDYX
Performance
Return for Risk
Drawdowns
Volatility
Dividends

SBND vs. LLDYX

Last updated Jun 23, 2026

SBND (Columbia Short Duration Bond ETF) and LLDYX (Lord Abbett Short Duration Income Fund) are both funds - SBND is a Short-Term Bond fund tracking the Bloomberg Beta Advantage Short Term Bond (-300%), while LLDYX is a Total Bond Market fund managed by Lord Abbett. Over the past 3 years, SBND returned 6.00%/yr vs 5.19%/yr for LLDYX. At a 0.48 correlation, their price movements are largely independent. SBND charges 0.25%/yr vs 0.38%/yr for LLDYX.

Performance

SBND vs. LLDYX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Columbia Short Duration Bond ETF (SBND) and Lord Abbett Short Duration Income Fund (LLDYX). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, SBND achieves a 0.83% return, which is significantly higher than LLDYX's 0.52% return.

SBND

1D
-0.19%
1M
0.28%
YTD
0.83%
6M
1.11%
1Y
4.86%
3Y*
6.00%
5Y*
—
10Y*
—

LLDYX

1D
0.00%
1M
0.16%
YTD
0.52%
6M
0.94%
1Y
4.16%
3Y*
5.19%
5Y*
2.33%
10Y*
2.70%
*Multi-year figures are annualized to reflect compound growth (CAGR)

SBND vs. LLDYX - Yearly Performance Comparison

2026 (YTD)20252024202320222021
SBND
Columbia Short Duration Bond ETF		0.83%7.50%4.83%7.20%-7.24%-0.70%
LLDYX
Lord Abbett Short Duration Income Fund		0.52%6.19%5.13%5.41%-5.35%-0.19%

Correlation

The correlation between SBND and LLDYX is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.

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

0.40

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

0.39

Correlation (All Time)
Calculated using the full available price history since Sep 21, 2021

0.48

Compare stocks, funds, or ETFs

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Columbia Short Duration Bond ETF

Lord Abbett Short Duration Income Fund

Often compared with SBND:
SBND vs. DFSDSBND vs. HIBLSBND vs. VCSHSBND vs. SGOVSBND vs. FLTRSBND vs. VOOSBND vs. SPY
Often compared with LLDYX:
LLDYX vs. PSHYXLLDYX vs. AGZLLDYX vs. CPITXLLDYX vs. SDMZXLLDYX vs. OOSAXLLDYX vs. BNDLLDYX vs. QQQ

Return for Risk

SBND vs. LLDYX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
SBND
SBND Risk / Return Rank: 6565
Overall Rank
SBND Sharpe Ratio Rank: 6262
Sharpe Ratio Rank
SBND Sortino Ratio Rank: 6969
Sortino Ratio Rank
SBND Omega Ratio Rank: 6969
Omega Ratio Rank
SBND Calmar Ratio Rank: 5959
Calmar Ratio Rank
SBND Martin Ratio Rank: 6666
Martin Ratio Rank
LLDYX
LLDYX Risk / Return Rank: 6868
Overall Rank
LLDYX Sharpe Ratio Rank: 4040
Sharpe Ratio Rank
LLDYX Sortino Ratio Rank: 6565
Sortino Ratio Rank
LLDYX Omega Ratio Rank: 8989
Omega Ratio Rank
LLDYX Calmar Ratio Rank: 7676
Calmar Ratio Rank
LLDYX Martin Ratio Rank: 7070
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.

SBND vs. LLDYX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Columbia Short Duration Bond ETF (SBND) 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.

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.

SBNDLLDYXDifference
Sharpe ratioReturn per unit of total volatility
1.99
1.73

+0.26

Sortino ratioReturn per unit of downside risk
3.03
3.07

-0.04

Omega ratioGain probability vs. loss probability

1.39

1.59

-0.20

Calmar ratioReturn relative to maximum drawdown

2.86

3.25

-0.40

Martin ratioReturn relative to average drawdown

11.86

12.66

-0.79

SBND vs. LLDYX - Sharpe Ratio Comparison

The current SBND Sharpe Ratio is 1.99, which is comparable to the LLDYX Sharpe Ratio of 1.73. The chart below compares the historical Sharpe Ratios of SBND and LLDYX, 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

SBND vs. LLDYX - Drawdown Comparison

The maximum SBND drawdown since its inception was -10.78%, roughly equal to the maximum LLDYX drawdown of -10.54%. Use the drawdown chart below to compare losses from any high point for SBND and LLDYX.

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Drawdown Indicators

SBNDLLDYXDifference

Max Drawdown

Largest peak-to-trough decline

-10.78%

-10.54%

-0.24%

Max Drawdown (1Y)

Largest decline over 1 year

-1.71%

-1.29%

-0.42%

Max Drawdown (3Y)

Largest decline over 3 years

-1.71%

-1.29%

-0.42%

Max Drawdown (5Y)

Largest decline over 5 years

—

-7.43%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-9.67%

—

Current Drawdown

Current decline from peak

-0.29%

-0.52%

+0.23%

Average Drawdown

Average peak-to-trough decline

-2.84%

-1.20%

-1.64%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.41%

0.33%

+0.08%

Volatility

SBND vs. LLDYX - Volatility Comparison

The current volatility for Columbia Short Duration Bond ETF (SBND) is 0.62%, while Lord Abbett Short Duration Income Fund (LLDYX) has a volatility of 0.73%. This indicates that SBND 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.

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Volatility by Period

SBNDLLDYXDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.62%

0.73%

-0.11%

Volatility (6M)

Calculated over the trailing 6-month period

1.69%

1.70%

-0.01%

Volatility (1Y)

Calculated over the trailing 1-year period

2.46%

2.42%

+0.04%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

3.60%

2.75%

+0.85%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

3.60%

2.60%

+1.00%

SBND vs. LLDYX - Expense Ratio Comparison

SBND has a 0.25% expense ratio, which is lower than LLDYX's 0.38% expense ratio.

Dividends

SBND vs. LLDYX - Dividend Comparison

SBND's dividend yield for the trailing twelve months is around 4.54%, less than LLDYX's 5.17% yield.

PositionTTM20252024202320222021202020192018201720162015
LLDYX
Lord Abbett Short Duration Income Fund		5.17%5.21%4.73%4.71%2.58%2.52%3.06%3.79%4.11%3.90%4.15%4.15%
SBND
Columbia Short Duration Bond ETF		4.54%4.65%4.58%3.90%2.80%0.43%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

SBND and LLDYX have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

LLDYX has higher volatility (0.73%) compared to SBND (0.62%). In terms of maximum drawdown, SBND dropped -10.78% vs LLDYX's -10.54%.

SBND currently has the higher Sharpe Ratio (1.99 vs 1.73), 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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