IBCD.DE vs. SYBR.DE
IBCD.DE (iShares USD Corporate Bond UCITS ETF (Dist)) and SYBR.DE (SPDR Bloomberg 1-10 Year US Corporate Bond UCITS ETF) are both Corporate Bonds funds - IBCD.DE tracks the iBoxx® USD Liquid Investment Grade while SYBR.DE tracks the Bloomberg US Intermediate Corporate Bond. Both are passively managed. Over the past 10 years, IBCD.DE returned 1.88%/yr vs 2.95%/yr for SYBR.DE. Their correlation of 0.84 suggests significant overlap in exposure. IBCD.DE charges 0.20%/yr vs 0.12%/yr for SYBR.DE.
Performance
IBCD.DE vs. SYBR.DE - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IBCD.DE achieves a 1.30% return, which is significantly lower than SYBR.DE's 1.66% return. Over the past 10 years, IBCD.DE has underperformed SYBR.DE with an annualized return of 1.88%, while SYBR.DE has yielded a comparatively higher 2.95% annualized return.
IBCD.DE
- 1D
- 0.20%
- 1M
- 1.19%
- YTD
- 1.30%
- 6M
- 0.27%
- 1Y
- 3.27%
- 3Y*
- 1.65%
- 5Y*
- 0.50%
- 10Y*
- 1.88%
SYBR.DE
- 1D
- 0.07%
- 1M
- 1.02%
- YTD
- 1.66%
- 6M
- 1.07%
- 1Y
- 3.55%
- 3Y*
- 2.96%
- 5Y*
- 3.21%
- 10Y*
- 2.95%
IBCD.DE vs. SYBR.DE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IBCD.DE iShares USD Corporate Bond UCITS ETF (Dist) | 1.30% | -4.58% | 6.33% | 4.97% | -12.66% | 6.14% | 0.35% | 20.25% | -0.24% | -6.49% |
SYBR.DE SPDR Bloomberg 1-10 Year US Corporate Bond UCITS ETF | 1.66% | -3.96% | 10.21% | 5.72% | -3.89% | 7.04% | -1.81% | 14.86% | 3.26% | -8.28% |
Correlation
The correlation between IBCD.DE and SYBR.DE is 0.81, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.81 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.80 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.80 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.84 |
Correlation (All Time) Calculated using the full available price history since Feb 19, 2016 | 0.84 |
The correlation between IBCD.DE and SYBR.DE has been stable across timeframes, ranging from 0.80 to 0.84 - a consistent structural relationship.
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
IBCD.DE vs. SYBR.DE — Risk / Return Rank
IBCD.DE
SYBR.DE
IBCD.DE vs. SYBR.DE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares USD Corporate Bond UCITS ETF (Dist) (IBCD.DE) and SPDR Bloomberg 1-10 Year US Corporate Bond UCITS ETF (SYBR.DE). 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.
| IBCD.DE | SYBR.DE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.14 | ||
| Sortino ratioReturn per unit of downside risk | -0.19 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.11 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 0.75 | 1.02 | -0.28 |
| Martin ratioReturn relative to average drawdown | 1.78 | 2.82 | -1.04 |
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
| IBCD.DE | SYBR.DE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.47 | 0.61 | -0.14 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.05 | 0.43 | -0.37 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.21 | 0.40 | -0.20 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.16 | 0.40 | -0.25 |
Drawdowns
IBCD.DE vs. SYBR.DE - Drawdown Comparison
The maximum IBCD.DE drawdown since its inception was -41.86%, which is greater than SYBR.DE's maximum drawdown of -15.02%. Use the drawdown chart below to compare losses from any high point for IBCD.DE and SYBR.DE.
Loading charts...
Drawdown Indicators
| IBCD.DE | SYBR.DE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -41.86% | -15.02% | -26.84% |
Max Drawdown (1Y)Largest decline over 1 year | -3.93% | -3.14% | -0.79% |
Max Drawdown (3Y)Largest decline over 3 years | -12.36% | -9.61% | -2.75% |
Max Drawdown (5Y)Largest decline over 5 years | -17.12% | -9.61% | -7.51% |
Max Drawdown (10Y)Largest decline over 10 years | -17.51% | -15.02% | -2.49% |
Current DrawdownCurrent decline from peak | -7.49% | -4.54% | -2.95% |
Average DrawdownAverage peak-to-trough decline | -9.84% | -4.16% | -5.68% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.65% | 1.14% | +0.51% |
Volatility
IBCD.DE vs. SYBR.DE - Volatility Comparison
iShares USD Corporate Bond UCITS ETF (Dist) (IBCD.DE) has a higher volatility of 1.33% compared to SPDR Bloomberg 1-10 Year US Corporate Bond UCITS ETF (SYBR.DE) at 0.76%. This indicates that IBCD.DE's price experiences larger fluctuations and is considered to be riskier than SYBR.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IBCD.DE | SYBR.DE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.33% | 0.76% | +0.57% |
Volatility (6M)Calculated over the trailing 6-month period | 4.22% | 3.61% | +0.61% |
Volatility (1Y)Calculated over the trailing 1-year period | 6.21% | 5.26% | +0.95% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.18% | 7.41% | +1.77% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.07% | 7.32% | +1.75% |
IBCD.DE vs. SYBR.DE - Expense Ratio Comparison
IBCD.DE has a 0.20% expense ratio, which is higher than SYBR.DE's 0.12% 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%.
Dividends
IBCD.DE vs. SYBR.DE - Dividend Comparison
IBCD.DE's dividend yield for the trailing twelve months is around 4.24%, less than SYBR.DE's 4.65% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IBCD.DE iShares USD Corporate Bond UCITS ETF (Dist) | 4.24% | 4.39% | 4.52% | 4.34% | 3.60% | 2.21% | 2.56% | 3.06% | 3.09% | 3.02% | 2.97% | 3.00% |
SYBR.DE SPDR Bloomberg 1-10 Year US Corporate Bond UCITS ETF | 4.65% | 5.03% | 4.55% | 5.85% | 2.62% | 2.24% | 2.89% | 3.01% | 2.78% | 3.41% | 1.21% | 0.00% |
Frequently Asked Questions
IBCD.DE and SYBR.DE have a correlation of 0.81, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SYBR.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SYBR.DE is cheaper with a 0.12% expense ratio, compared with 0.20% for IBCD.DE.
IBCD.DE tracks iBoxx® USD Liquid Investment Grade, while SYBR.DE tracks Bloomberg US Intermediate Corporate Bond. They also come from different issuers: iShares and State Street. Their fees differ too: 0.20% for IBCD.DE and 0.12% for SYBR.DE.
Find the right allocation for IBCD.DE and SYBR.DE
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