FSIG vs. IBD
Compare and contrast key facts about First Trust Limited Duration Investment Grade Corporate ETF (FSIG) and Inspire Corporate Bond Impact ETF (IBD).
FSIG and IBD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. FSIG is an actively managed fund by First Trust. It was launched on Nov 17, 2021. IBD is a passively managed fund by Inspire that tracks the performance of the Inspire Corporate Bond Impact Equal Weight Index. It was launched on Jul 10, 2017.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FSIG or IBD.
Key characteristics
| FSIG | IBD | |
|---|---|---|
| YTD Return | 4.87% | 5.50% |
| 1Y Return | 9.27% | 10.45% |
| Sharpe Ratio | 2.94 | 1.64 |
| Daily Std Dev | 3.11% | 6.29% |
| Max Drawdown | -6.88% | -16.30% |
| Current Drawdown | -0.05% | -0.45% |
Correlation
The correlation between FSIG and IBD is 0.64, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
FSIG vs. IBD - Performance Comparison
In the year-to-date period, FSIG achieves a 4.87% return, which is significantly lower than IBD's 5.50% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FSIG vs. IBD - Expense Ratio Comparison
FSIG has a 0.55% expense ratio, which is higher than IBD's 0.49% expense ratio.
Risk-Adjusted Performance
FSIG vs. IBD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Limited Duration Investment Grade Corporate ETF (FSIG) and Inspire Corporate Bond Impact ETF (IBD). 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
FSIG vs. IBD - Dividend Comparison
FSIG's dividend yield for the trailing twelve months is around 4.55%, more than IBD's 3.87% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
FSIG First Trust Limited Duration Investment Grade Corporate ETF | 4.55% | 4.42% | 2.48% | 0.12% | 0.00% | 0.00% | 0.00% | 0.00% |
IBD Inspire Corporate Bond Impact ETF | 3.87% | 3.40% | 1.75% | 1.36% | 1.63% | 2.63% | 2.06% | 0.82% |
Drawdowns
FSIG vs. IBD - Drawdown Comparison
The maximum FSIG drawdown since its inception was -6.88%, smaller than the maximum IBD drawdown of -16.30%. Use the drawdown chart below to compare losses from any high point for FSIG and IBD. For additional features, visit the drawdowns tool.
Volatility
FSIG vs. IBD - Volatility Comparison
The current volatility for First Trust Limited Duration Investment Grade Corporate ETF (FSIG) is 0.48%, while Inspire Corporate Bond Impact ETF (IBD) has a volatility of 1.41%. This indicates that FSIG experiences smaller price fluctuations and is considered to be less risky than IBD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.