AXS vs. IGSB
AXS (AXIS Capital Holdings Limited) is a stock, while IGSB (iShares Short-Term Corporate Bond ETF) is Corporate Bonds fund tracking the ICE BofAML 1-5 Year US Corporate Index. Over the past 10 years, AXS returned 8.60%/yr vs 2.74%/yr for IGSB. At a 0.01 correlation, their price movements are largely independent.
Performance
AXS vs. IGSB - Performance Comparison
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Returns By Period
In the year-to-date period, AXS achieves a -11.32% return, which is significantly lower than IGSB's 0.72% return. Over the past 10 years, AXS has outperformed IGSB with an annualized return of 8.60%, while IGSB has yielded a comparatively lower 2.74% annualized return.
AXS
- 1D
- -0.93%
- 1M
- -4.34%
- YTD
- -11.32%
- 6M
- -4.25%
- 1Y
- -8.27%
- 3Y*
- 23.85%
- 5Y*
- 15.48%
- 10Y*
- 8.60%
IGSB
- 1D
- -0.06%
- 1M
- 0.27%
- YTD
- 0.72%
- 6M
- 1.01%
- 1Y
- 4.72%
- 3Y*
- 5.66%
- 5Y*
- 2.43%
- 10Y*
- 2.74%
AXS vs. IGSB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
AXS AXIS Capital Holdings Limited | -11.32% | 22.96% | 63.90% | 5.57% | 2.63% | 11.81% | -11.92% | 18.26% | 5.75% | -20.96% |
IGSB iShares Short-Term Corporate Bond ETF | 0.72% | 6.96% | 4.97% | 6.40% | -5.63% | -0.56% | 5.37% | 7.11% | 1.25% | 1.27% |
Correlation
The correlation between AXS and IGSB is 0.08, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.08 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.05 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.05 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.03 |
Correlation (All Time) Calculated using the full available price history since Jan 12, 2007 | 0.01 |
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Return for Risk
AXS vs. IGSB — Risk / Return Rank
AXS
IGSB
AXS vs. IGSB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for AXIS Capital Holdings Limited (AXS) and iShares Short-Term Corporate Bond ETF (IGSB). 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.
| AXS | IGSB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.83 | ||
| Sortino ratioReturn per unit of downside risk | -4.21 | ||
| Omega ratioGain probability vs. loss probability | 0.96 | 1.49 | -0.54 |
| Calmar ratioReturn relative to maximum drawdown | -0.50 | 3.25 | -3.75 |
| Martin ratioReturn relative to average drawdown | -1.07 | 13.22 | -14.29 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| AXS | IGSB | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | -0.37 | 2.46 | -2.83 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.62 | 0.83 | -0.21 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.33 | 0.79 | -0.47 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.32 | 0.70 | -0.38 |
Drawdowns
AXS vs. IGSB - Drawdown Comparison
The maximum AXS drawdown since its inception was -55.93%, which is greater than IGSB's maximum drawdown of -13.38%. Use the drawdown chart below to compare losses from any high point for AXS and IGSB.
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Drawdown Indicators
| AXS | IGSB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.93% | -13.38% | -42.55% |
Max Drawdown (1Y)Largest decline over 1 year | -16.73% | -1.46% | -15.27% |
Max Drawdown (3Y)Largest decline over 3 years | -16.73% | -1.46% | -15.27% |
Max Drawdown (5Y)Largest decline over 5 years | -18.99% | -9.46% | -9.53% |
Max Drawdown (10Y)Largest decline over 10 years | -49.31% | -13.38% | -35.93% |
Current DrawdownCurrent decline from peak | -12.67% | -0.32% | -12.35% |
Average DrawdownAverage peak-to-trough decline | -12.16% | -0.85% | -11.31% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 7.73% | 0.36% | +7.37% |
Volatility
AXS vs. IGSB - Volatility Comparison
AXIS Capital Holdings Limited (AXS) has a higher volatility of 5.32% compared to iShares Short-Term Corporate Bond ETF (IGSB) at 0.57%. This indicates that AXS's price experiences larger fluctuations and is considered to be riskier than IGSB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AXS | IGSB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.32% | 0.57% | +4.75% |
Volatility (6M)Calculated over the trailing 6-month period | 15.06% | 1.41% | +13.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.31% | 1.92% | +20.39% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 24.92% | 2.93% | +21.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 26.54% | 3.46% | +23.08% |
Dividends
AXS vs. IGSB - Dividend Comparison
AXS's dividend yield for the trailing twelve months is around 1.86%, less than IGSB's 4.58% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AXS AXIS Capital Holdings Limited | 1.86% | 1.64% | 1.99% | 3.18% | 3.19% | 3.10% | 3.27% | 2.71% | 3.04% | 3.04% | 2.19% | 2.17% |
IGSB iShares Short-Term Corporate Bond ETF | 4.58% | 4.44% | 4.02% | 3.26% | 2.07% | 1.82% | 2.36% | 3.06% | 2.46% | 1.65% | 1.45% | 1.18% |
Frequently Asked Questions
AXS and IGSB have a correlation of 0.08, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AXS has higher volatility (5.32%) compared to IGSB (0.57%). In terms of maximum drawdown, AXS dropped -55.93% vs IGSB's -13.38%.
IGSB currently has the higher Sharpe Ratio (2.46 vs -0.37), 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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