IQ MacKay ESG Core Plus Bond ETF (ESGB)
ESGB is an actively managed ETF by IndexIQ. ESGB launched on Jun 29, 2021 and has a 0.39% expense ratio.
ETF Info
| ISIN | US45409F7859 |
|---|---|
| Issuer | IndexIQ |
| Inception Date | Jun 29, 2021 |
| Region | Global (Broad) |
| Category | Intermediate Core-Plus Bond |
| Leveraged | 1x |
| Index Tracked | No Index (Active) |
| Asset Class | Bond |
Expense Ratio
ESGB features an expense ratio of 0.39%, falling within the medium range.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in IQ MacKay ESG Core Plus Bond ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
IQ MacKay ESG Core Plus Bond ETF had a return of 7.58% year-to-date (YTD) and 13.79% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 7.58% | 17.79% |
| 1 month | 2.28% | 0.18% |
| 6 months | 7.77% | 7.53% |
| 1 year | 13.79% | 26.42% |
| 5 years (annualized) | N/A | 13.48% |
| 10 years (annualized) | N/A | 10.85% |
Monthly Returns
The table below presents the monthly returns of ESGB, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.14% | -0.88% | 1.24% | -2.03% | 1.66% | 1.39% | 2.06% | 1.86% | 7.58% | ||||
| 2023 | 3.90% | -2.61% | 1.98% | 0.78% | -0.96% | -0.29% | 0.39% | -0.64% | -2.50% | -1.70% | 4.87% | 4.07% | 7.16% |
| 2022 | -2.31% | -0.94% | -2.73% | -3.97% | 0.24% | -2.46% | 3.19% | -3.08% | -4.72% | -1.35% | 3.44% | -0.45% | -14.44% |
| 2021 | 0.13% | 1.15% | 0.01% | -0.99% | 0.03% | 0.04% | 0.02% | 0.38% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of ESGB is 81, placing it in the top 19% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for IQ MacKay ESG Core Plus Bond ETF (ESGB) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
IQ MacKay ESG Core Plus Bond ETF granted a 5.18% dividend yield in the last twelve months. The annual payout for that period amounted to $1.13 per share.
| Period | TTM | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Dividend | $1.13 | $1.01 | $0.66 | $0.24 |
Dividend yield | 5.18% | 4.82% | 3.17% | 0.95% |
Monthly Dividends
The table displays the monthly dividend distributions for IQ MacKay ESG Core Plus Bond ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.09 | $0.09 | $0.10 | $0.09 | $0.11 | $0.10 | $0.09 | $0.09 | $0.76 | |||
| 2023 | $0.00 | $0.08 | $0.07 | $0.08 | $0.08 | $0.09 | $0.08 | $0.08 | $0.08 | $0.08 | $0.09 | $0.20 | $1.01 |
| 2022 | $0.00 | $0.04 | $0.03 | $0.05 | $0.03 | $0.05 | $0.06 | $0.07 | $0.06 | $0.06 | $0.06 | $0.15 | $0.66 |
| 2021 | $0.04 | $0.03 | $0.03 | $0.03 | $0.10 | $0.24 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the IQ MacKay ESG Core Plus Bond ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the IQ MacKay ESG Core Plus Bond ETF was 18.96%, occurring on Oct 24, 2022. The portfolio has not yet recovered.
The current IQ MacKay ESG Core Plus Bond ETF drawdown is 2.60%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -18.96% | Aug 4, 2021 | 309 | Oct 24, 2022 | — | — | — |
| -0.63% | Jul 9, 2021 | 3 | Jul 13, 2021 | 4 | Jul 19, 2021 | 7 |
| -0.26% | Jul 20, 2021 | 2 | Jul 21, 2021 | 4 | Jul 27, 2021 | 6 |
| -0.06% | Jul 29, 2021 | 1 | Jul 29, 2021 | 1 | Jul 30, 2021 | 2 |
Volatility
Volatility Chart
The current IQ MacKay ESG Core Plus Bond ETF volatility is 1.03%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.