FDIV vs. LQD
FDIV (MarketDesk Focused U.S. Dividend ETF) and LQD (iShares iBoxx $ Investment Grade Corporate Bond ETF) are both exchange-traded funds - FDIV is a Dividend fund actively managed by MarketDesk, while LQD is a Corporate Bonds fund tracking the iBoxx $ Liquid Investment Grade Index. FDIV is actively managed, while LQD is passively managed. Over the past 10 years, FDIV returned -2.13%/yr vs 2.52%/yr for LQD. At a 0.28 correlation, their price movements are largely independent. FDIV charges 0.35%/yr vs 0.15%/yr for LQD.
Performance
FDIV vs. LQD - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, FDIV achieves a 0.72% return, which is significantly higher than LQD's 0.46% return. Over the past 10 years, FDIV has underperformed LQD with an annualized return of -2.13%, while LQD has yielded a comparatively higher 2.52% annualized return.
FDIV
- 1D
- -0.85%
- 1M
- -0.84%
- YTD
- 0.72%
- 6M
- 1.52%
- 1Y
- 7.68%
- 3Y*
- -12.10%
- 5Y*
- -8.67%
- 10Y*
- -2.13%
LQD
- 1D
- -0.28%
- 1M
- 0.72%
- YTD
- 0.46%
- 6M
- -0.03%
- 1Y
- 6.08%
- 3Y*
- 4.95%
- 5Y*
- -0.04%
- 10Y*
- 2.52%
FDIV vs. LQD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
FDIV MarketDesk Focused U.S. Dividend ETF | 0.72% | 2.95% | -37.35% | 6.78% | -9.97% | 10.20% | -2.84% | 15.78% | -5.04% | 6.19% |
LQD iShares iBoxx $ Investment Grade Corporate Bond ETF | 0.46% | 7.90% | 0.86% | 9.40% | -17.92% | -1.84% | 10.97% | 17.37% | -3.79% | 7.06% |
Correlation
The correlation between FDIV and LQD is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.31 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.40 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.44 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.32 |
Correlation (All Time) Calculated using the full available price history since Aug 15, 2014 | 0.28 |
The correlation between FDIV and LQD shifts across timeframes, from 0.28 (all time) to 0.44 (5 years), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
FDIV vs. LQD — Risk / Return Rank
FDIV
LQD
FDIV vs. LQD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for MarketDesk Focused U.S. Dividend ETF (FDIV) and iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD). 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.
| FDIV | LQD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.53 | ||
| Sortino ratioReturn per unit of downside risk | -0.65 | ||
| Omega ratioGain probability vs. loss probability | 1.11 | 1.20 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 0.96 | 1.83 | -0.87 |
| Martin ratioReturn relative to average drawdown | 2.56 | 5.23 | -2.67 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| FDIV | LQD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.61 | 1.14 | -0.53 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | -0.42 | -0.01 | -0.41 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.12 | 0.29 | -0.41 |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.08 | 0.54 | -0.62 |
Drawdowns
FDIV vs. LQD - Drawdown Comparison
The maximum FDIV drawdown since its inception was -47.90%, which is greater than LQD's maximum drawdown of -24.95%. Use the drawdown chart below to compare losses from any high point for FDIV and LQD.
Loading charts...
Drawdown Indicators
| FDIV | LQD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -47.90% | -24.95% | -22.95% |
Max Drawdown (1Y)Largest decline over 1 year | -8.01% | -3.34% | -4.67% |
Max Drawdown (3Y)Largest decline over 3 years | -45.64% | -8.43% | -37.21% |
Max Drawdown (5Y)Largest decline over 5 years | -47.90% | -24.95% | -22.95% |
Max Drawdown (10Y)Largest decline over 10 years | -47.90% | -24.95% | -22.95% |
Current DrawdownCurrent decline from peak | -38.05% | -3.72% | -34.33% |
Average DrawdownAverage peak-to-trough decline | -11.15% | -3.99% | -7.16% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.01% | 1.17% | +1.84% |
Volatility
FDIV vs. LQD - Volatility Comparison
MarketDesk Focused U.S. Dividend ETF (FDIV) has a higher volatility of 2.99% compared to iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) at 1.65%. This indicates that FDIV's price experiences larger fluctuations and is considered to be riskier than LQD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| FDIV | LQD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.99% | 1.65% | +1.34% |
Volatility (6M)Calculated over the trailing 6-month period | 8.57% | 3.90% | +4.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 12.78% | 5.36% | +7.42% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.81% | 8.65% | +12.16% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 17.54% | 8.68% | +8.86% |
FDIV vs. LQD - Expense Ratio Comparison
FDIV has a 0.35% expense ratio, which is higher than LQD's 0.15% expense ratio.
Dividends
FDIV vs. LQD - Dividend Comparison
FDIV's dividend yield for the trailing twelve months is around 2.89%, less than LQD's 4.57% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
FDIV MarketDesk Focused U.S. Dividend ETF | 2.89% | 2.95% | 4.12% | 4.63% | 3.81% | 3.79% | 4.17% | 3.93% | 5.13% | 3.81% | 3.84% | 4.13% |
LQD iShares iBoxx $ Investment Grade Corporate Bond ETF | 4.57% | 4.48% | 4.45% | 3.99% | 3.30% | 2.30% | 2.66% | 3.29% | 3.67% | 3.10% | 3.34% | 3.47% |
Frequently Asked Questions
FDIV and LQD have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
FDIV has higher volatility (2.99%) compared to LQD (1.65%). In terms of maximum drawdown, FDIV dropped -47.90% vs LQD's -24.95%.
On 10-year performance, LQD leads with 2.52% vs -2.13% for FDIV. On fees, LQD is cheaper at 0.15% per year. On volatility, LQD has been the lower-risk option at 1.65%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, LQD has performed better with a 2.52% return vs -2.13%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
LQD is cheaper with a 0.15% expense ratio, compared with 0.35% for FDIV.
LQD has the higher dividend yield at 4.57%, compared with 2.89% for FDIV.
FDIV is categorized as Dividend, while LQD is Corporate Bonds. They also come from different issuers: MarketDesk and iShares. Their fees differ too: 0.35% for FDIV and 0.15% for LQD.
LQD currently has the higher Sharpe Ratio (1.14 vs 0.61), 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.
Find the right allocation for FDIV and LQD
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer