SWSBX vs. LALDX
Compare and contrast key facts about Schwab Short-Term Bond Index Fund (SWSBX) and Lord Abbett Short Duration Income Fund (LALDX).
SWSBX is a passively managed fund by Charles Schwab that tracks the performance of the Bloomberg US Government/Credit 1-5 Year Index. It was launched on Feb 23, 2017. LALDX is managed by Lord Abbett. It was launched on Nov 4, 1993.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SWSBX or LALDX.
Key characteristics
| SWSBX | LALDX | |
|---|---|---|
| YTD Return | 3.34% | 4.91% |
| 1Y Return | 6.44% | 7.27% |
| 3Y Return (Ann) | 0.51% | 1.62% |
| 5Y Return (Ann) | 1.13% | 2.05% |
| Sharpe Ratio | 2.04 | 2.53 |
| Sortino Ratio | 3.24 | 4.45 |
| Omega Ratio | 1.41 | 1.79 |
| Calmar Ratio | 1.13 | 3.58 |
| Martin Ratio | 9.52 | 22.70 |
| Ulcer Index | 0.64% | 0.30% |
| Daily Std Dev | 2.99% | 2.69% |
| Max Drawdown | -8.97% | -10.22% |
| Current Drawdown | -1.21% | -0.36% |
Correlation
The correlation between SWSBX and LALDX is 0.58, 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.
Performance
SWSBX vs. LALDX - Performance Comparison
In the year-to-date period, SWSBX achieves a 3.34% return, which is significantly lower than LALDX's 4.91% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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SWSBX vs. LALDX - Expense Ratio Comparison
SWSBX has a 0.06% expense ratio, which is lower than LALDX's 0.58% expense ratio.
Risk-Adjusted Performance
SWSBX vs. LALDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Schwab Short-Term Bond Index Fund (SWSBX) and Lord Abbett Short Duration Income Fund (LALDX). 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
SWSBX vs. LALDX - Dividend Comparison
SWSBX's dividend yield for the trailing twelve months is around 3.89%, less than LALDX's 4.90% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SWSBX Schwab Short-Term Bond Index Fund | 3.89% | 3.16% | 1.49% | 0.90% | 1.56% | 2.40% | 2.12% | 1.55% | 0.00% | 0.00% | 0.00% | 0.00% |
LALDX Lord Abbett Short Duration Income Fund | 4.90% | 4.49% | 3.57% | 2.77% | 2.87% | 3.59% | 3.89% | 3.74% | 3.99% | 3.97% | 3.81% | 3.71% |
Drawdowns
SWSBX vs. LALDX - Drawdown Comparison
The maximum SWSBX drawdown since its inception was -8.97%, smaller than the maximum LALDX drawdown of -10.22%. Use the drawdown chart below to compare losses from any high point for SWSBX and LALDX. For additional features, visit the drawdowns tool.
Volatility
SWSBX vs. LALDX - Volatility Comparison
Schwab Short-Term Bond Index Fund (SWSBX) has a higher volatility of 0.76% compared to Lord Abbett Short Duration Income Fund (LALDX) at 0.62%. This indicates that SWSBX's price experiences larger fluctuations and is considered to be riskier than LALDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.