GVI vs. SLQD
Compare and contrast key facts about iShares Intermediate Government/Credit Bond ETF (GVI) and iShares 0-5 Year Investment Grade Corporate Bond ETF (SLQD).
GVI and SLQD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GVI is a passively managed fund by iShares that tracks the performance of the Barclays Capital U.S. Intermediate Government/Credit Bond Index. It was launched on Jan 11, 2007. SLQD is a passively managed fund by iShares that tracks the performance of the Markit iBoxx USD Liquid Investment Grade 0-5 Index. It was launched on Oct 15, 2013. Both GVI and SLQD are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GVI or SLQD.
Correlation
The correlation between GVI and SLQD is 0.10, 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
GVI vs. SLQD - Performance Comparison
Key characteristics
GVI:
2.17
SLQD:
3.28
GVI:
3.38
SLQD:
5.09
GVI:
1.40
SLQD:
1.78
GVI:
0.95
SLQD:
7.43
GVI:
6.51
SLQD:
22.77
GVI:
1.08%
SLQD:
0.30%
GVI:
3.26%
SLQD:
2.07%
GVI:
-12.93%
SLQD:
-12.69%
GVI:
-0.74%
SLQD:
-0.10%
Returns By Period
In the year-to-date period, GVI achieves a 2.48% return, which is significantly higher than SLQD's 1.94% return. Over the past 10 years, GVI has underperformed SLQD with an annualized return of 1.61%, while SLQD has yielded a comparatively higher 2.31% annualized return.
GVI
2.48%
0.61%
2.22%
7.02%
0.46%
1.61%
SLQD
1.94%
0.38%
2.40%
6.73%
2.23%
2.31%
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GVI vs. SLQD - Expense Ratio Comparison
GVI has a 0.20% expense ratio, which is higher than SLQD's 0.06% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
GVI vs. SLQD — Risk-Adjusted Performance Rank
GVI
SLQD
GVI vs. SLQD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Intermediate Government/Credit Bond ETF (GVI) and iShares 0-5 Year Investment Grade Corporate Bond ETF (SLQD). 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
GVI vs. SLQD - Dividend Comparison
GVI's dividend yield for the trailing twelve months is around 3.37%, less than SLQD's 3.82% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
GVI iShares Intermediate Government/Credit Bond ETF | 3.37% | 3.40% | 2.75% | 1.86% | 1.46% | 1.84% | 2.29% | 2.16% | 1.91% | 1.77% | 1.75% | 1.72% |
SLQD iShares 0-5 Year Investment Grade Corporate Bond ETF | 3.82% | 3.71% | 2.99% | 2.00% | 1.54% | 2.32% | 2.89% | 2.55% | 1.98% | 1.81% | 1.43% | 1.24% |
Drawdowns
GVI vs. SLQD - Drawdown Comparison
The maximum GVI drawdown since its inception was -12.93%, roughly equal to the maximum SLQD drawdown of -12.69%. Use the drawdown chart below to compare losses from any high point for GVI and SLQD. For additional features, visit the drawdowns tool.
Volatility
GVI vs. SLQD - Volatility Comparison
iShares Intermediate Government/Credit Bond ETF (GVI) and iShares 0-5 Year Investment Grade Corporate Bond ETF (SLQD) have volatilities of 1.27% and 1.29%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.