ESGB vs. GEQT.TO
Compare and contrast key facts about IQ MacKay ESG Core Plus Bond ETF (ESGB) and iShares ESG Equity ETF Portfolio (GEQT.TO).
ESGB and GEQT.TO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. ESGB is an actively managed fund by IndexIQ. It was launched on Jun 29, 2021. GEQT.TO is an actively managed fund by iShares. It was launched on Sep 2, 2020.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: ESGB or GEQT.TO.
Correlation
The correlation between ESGB and GEQT.TO is 0.24, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
ESGB vs. GEQT.TO - Performance Comparison
Key characteristics
ESGB:
1.52
GEQT.TO:
1.88
ESGB:
2.28
GEQT.TO:
2.54
ESGB:
1.28
GEQT.TO:
1.36
ESGB:
0.58
GEQT.TO:
3.51
ESGB:
3.74
GEQT.TO:
11.75
ESGB:
1.75%
GEQT.TO:
1.99%
ESGB:
4.31%
GEQT.TO:
12.45%
ESGB:
-19.05%
GEQT.TO:
-23.66%
ESGB:
-4.10%
GEQT.TO:
-2.34%
Returns By Period
In the year-to-date period, ESGB achieves a 1.78% return, which is significantly lower than GEQT.TO's 3.00% return.
ESGB
1.78%
2.00%
1.72%
6.64%
N/A
N/A
GEQT.TO
3.00%
2.28%
14.62%
23.37%
N/A
N/A
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ESGB vs. GEQT.TO - Expense Ratio Comparison
ESGB has a 0.39% expense ratio, which is higher than GEQT.TO's 0.25% expense ratio.
Risk-Adjusted Performance
ESGB vs. GEQT.TO — Risk-Adjusted Performance Rank
ESGB
GEQT.TO
ESGB vs. GEQT.TO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for IQ MacKay ESG Core Plus Bond ETF (ESGB) and iShares ESG Equity ETF Portfolio (GEQT.TO). 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
ESGB vs. GEQT.TO - Dividend Comparison
ESGB's dividend yield for the trailing twelve months is around 5.27%, more than GEQT.TO's 1.34% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
ESGB IQ MacKay ESG Core Plus Bond ETF | 5.27% | 5.40% | 4.82% | 3.17% | 0.84% | 0.00% |
GEQT.TO iShares ESG Equity ETF Portfolio | 1.34% | 1.38% | 1.56% | 1.80% | 1.31% | 0.87% |
Drawdowns
ESGB vs. GEQT.TO - Drawdown Comparison
The maximum ESGB drawdown since its inception was -19.05%, smaller than the maximum GEQT.TO drawdown of -23.66%. Use the drawdown chart below to compare losses from any high point for ESGB and GEQT.TO. For additional features, visit the drawdowns tool.
Volatility
ESGB vs. GEQT.TO - Volatility Comparison
The current volatility for IQ MacKay ESG Core Plus Bond ETF (ESGB) is 1.45%, while iShares ESG Equity ETF Portfolio (GEQT.TO) has a volatility of 4.47%. This indicates that ESGB experiences smaller price fluctuations and is considered to be less risky than GEQT.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.