ESGB vs. LRND
ESGB (IQ MacKay ESG Core Plus Bond ETF) and LRND (IQ U.S. Large Cap R&D Leaders ETF) are both exchange-traded funds - ESGB is a Intermediate Core-Plus Bond fund actively managed by IndexIQ, while LRND is a Large Cap Blend Equities fund tracking the IQ U.S. Large Cap R&D Leaders Index - Benchmark TR Gross. ESGB is actively managed, while LRND is passively managed. At a 0.12 correlation, their price movements are largely independent. ESGB charges 0.39%/yr vs 0.14%/yr for LRND.
Performance
ESGB vs. LRND - Performance Comparison
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Returns By Period
ESGB
- 1D
- 0.25%
- 1M
- —
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
LRND
- 1D
- -1.48%
- 1M
- -3.62%
- YTD
- 5.96%
- 6M
- 5.12%
- 1Y
- 24.68%
- 3Y*
- 20.47%
- 5Y*
- —
- 10Y*
- —
ESGB vs. LRND - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
ESGB IQ MacKay ESG Core Plus Bond ETF | -0.18% |
LRND IQ U.S. Large Cap R&D Leaders ETF | -5.37% |
Correlation
The correlation between ESGB and LRND is 0.12, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jun 4, 2026 | 0.12 |
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Return for Risk
ESGB vs. LRND — Risk / Return Rank
ESGB
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
LRND
ESGB vs. LRND - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for IQ MacKay ESG Core Plus Bond ETF (ESGB) and IQ U.S. Large Cap R&D Leaders ETF (LRND). 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.
| ESGB | LRND | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.27 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.79 | — |
| Martin ratioReturn relative to average drawdown | — | 6.84 | — |
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Drawdowns
ESGB vs. LRND - Drawdown Comparison
The maximum ESGB drawdown since its inception was -0.64%, smaller than the maximum LRND drawdown of -25.43%. Use the drawdown chart below to compare losses from any high point for ESGB and LRND.
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Drawdown Indicators
| ESGB | LRND | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -0.64% | -25.43% | +24.79% |
Max Drawdown (1Y)Largest decline over 1 year | — | -13.83% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -21.06% | — |
Current DrawdownCurrent decline from peak | -0.39% | -6.47% | +6.08% |
Average DrawdownAverage peak-to-trough decline | -0.38% | -6.22% | +5.84% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 3.62% | — |
Volatility
ESGB vs. LRND - Volatility Comparison
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Volatility by Period
| ESGB | LRND | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 6.33% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 12.94% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 4.10% | 16.11% | -12.01% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.10% | 20.06% | -15.96% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.10% | 20.06% | -15.96% |
ESGB vs. LRND - Expense Ratio Comparison
ESGB has a 0.39% expense ratio, which is higher than LRND's 0.14% expense ratio.
Dividends
ESGB vs. LRND - Dividend Comparison
ESGB has not paid dividends to shareholders, while LRND's dividend yield for the trailing twelve months is around 0.51%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
ESGB IQ MacKay ESG Core Plus Bond ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
LRND IQ U.S. Large Cap R&D Leaders ETF | 0.51% | 0.67% | 0.97% | 1.22% | 1.32% |
Frequently Asked Questions
ESGB and LRND have a correlation of 0.12, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, LRND is cheaper at 0.14% per year. The better choice depends on whether you care most about return, fees, risk, or income.
LRND is cheaper with a 0.14% expense ratio, compared with 0.39% for ESGB.
LRND has the higher dividend yield at 0.51%, compared with 0.00% for ESGB.
ESGB is categorized as Intermediate Core-Plus Bond, while LRND is Large Cap Blend Equities. Their fees differ too: 0.39% for ESGB and 0.14% for LRND.
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