SBND vs. LLDYX
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 5.86%/yr vs 5.06%/yr for LLDYX. Their 0.48 correlation means their historical movements had little consistent relationship. SBND charges 0.25%/yr vs 0.38%/yr for LLDYX.
Performance
SBND vs. LLDYX - Performance Comparison
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Returns By Period
In the year-to-date period, SBND achieves a 0.86% return, which is significantly lower than LLDYX's 0.93% return.
SBND
- 1D
- 0.03%
- 1M
- -0.29%
- 6M
- 0.46%
- YTD
- 0.86%
- 1Y
- 3.56%
- 3Y*
- 5.86%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- 2.40%
LLDYX
- 1D
- 0.26%
- 1M
- -0.26%
- 6M
- 0.51%
- YTD
- 0.93%
- 1Y
- 3.12%
- 3Y*
- 5.06%
- 5Y*
- 2.33%
- 10Y*
- 2.65%
- ALL TIME*
- 2.94%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $2.32M | $2.73M | $1.61M |
SBND vs. LLDYX - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
SBND Columbia Short Duration Bond ETF | 0.86% | 7.50% | 4.83% | 7.20% | -7.24% | -0.70% |
LLDYX Lord Abbett Short Duration Income Fund | 0.93% | 6.19% | 5.13% | 5.41% | -5.35% | -0.19% |
Correlation
The correlation between SBND and LLDYX is 0.35, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.35 |
Correlation (3Y) Balances recent behavior with more history. | 0.39 |
Correlation (All Time) Calculated using the full available price history since Sep 21, 2021 | 0.48 |
The correlation between SBND and LLDYX shifts across timeframes, from 0.35 (1 year) to 0.48 (all time), reflecting how their relationship changes across market environments.
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Return for Risk
SBND vs. LLDYX — Risk / Return Rank
SBND
LLDYX
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.
| SBND | LLDYX | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.21 | ||
| Sortino ratioReturn per unit of downside risk | -0.80 | ||
| Omega ratioGain probability vs. loss probability | 1.30 | 1.63 | -0.32 |
| Calmar ratioReturn relative to maximum drawdown | 2.18 | 3.22 | -1.04 |
| Martin ratioReturn relative to average drawdown | 9.00 | 11.99 | -2.99 |
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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
| SBND | LLDYX | Difference | |
|---|---|---|---|
Max DrawdownLargest 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 DrawdownCurrent decline from peak | -0.40% | -0.26% | -0.14% |
Average DrawdownAverage peak-to-trough decline | -2.78% | -1.19% | -1.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.41% | 0.34% | +0.07% |
Volatility
SBND vs. LLDYX - Volatility Comparison
Columbia Short Duration Bond ETF (SBND) and Lord Abbett Short Duration Income Fund (LLDYX) have volatilities of 0.56% and 0.54%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SBND | LLDYX | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.56% | 0.54% | +0.02% |
Volatility (6M)Calculated over the trailing 6-month period | 1.75% | 1.71% | +0.04% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.40% | 2.35% | +0.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.57% | 2.76% | +0.81% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.57% | 2.59% | +0.98% |
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 4.52%, less than LLDYX's 4.67% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LLDYX Lord Abbett Short Duration Income Fund | 4.67% | 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 | 4.10% | 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 0.35, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SBND has higher volatility (0.56%) compared to LLDYX (0.54%). In terms of maximum drawdown, SBND dropped -10.78% vs LLDYX's -10.54%.
LLDYX currently has the higher Sharpe Ratio (1.77 vs 1.56), 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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