IBD vs. FSIG
Compare and contrast key facts about Inspire Corporate Bond Impact ETF (IBD) and First Trust Limited Duration Investment Grade Corporate ETF (FSIG).
IBD and FSIG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. FSIG is an actively managed fund by First Trust. It was launched on Nov 17, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IBD or FSIG.
Correlation
The correlation between IBD and FSIG is 0.62, 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
IBD vs. FSIG - Performance Comparison
Key characteristics
IBD:
0.55
FSIG:
1.59
IBD:
0.79
FSIG:
2.31
IBD:
1.10
FSIG:
1.29
IBD:
0.48
FSIG:
2.99
IBD:
2.37
FSIG:
7.24
IBD:
1.43%
FSIG:
0.59%
IBD:
6.16%
FSIG:
2.69%
IBD:
-16.30%
FSIG:
-6.88%
IBD:
-2.58%
FSIG:
-1.09%
Returns By Period
In the year-to-date period, IBD achieves a 3.25% return, which is significantly lower than FSIG's 3.94% return.
IBD
3.25%
-0.40%
2.27%
3.33%
0.57%
N/A
FSIG
3.94%
0.13%
2.55%
4.28%
N/A
N/A
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IBD vs. FSIG - Expense Ratio Comparison
IBD has a 0.49% expense ratio, which is lower than FSIG's 0.55% expense ratio.
Risk-Adjusted Performance
IBD vs. FSIG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Inspire Corporate Bond Impact ETF (IBD) and First Trust Limited Duration Investment Grade Corporate ETF (FSIG). 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
IBD vs. FSIG - Dividend Comparison
IBD's dividend yield for the trailing twelve months is around 3.67%, less than FSIG's 5.01% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|
IBD Inspire Corporate Bond Impact ETF | 3.67% | 3.39% | 1.75% | 1.36% | 1.63% | 2.63% | 2.06% | 0.82% |
FSIG First Trust Limited Duration Investment Grade Corporate ETF | 4.62% | 4.42% | 2.48% | 0.12% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
IBD vs. FSIG - Drawdown Comparison
The maximum IBD drawdown since its inception was -16.30%, which is greater than FSIG's maximum drawdown of -6.88%. Use the drawdown chart below to compare losses from any high point for IBD and FSIG. For additional features, visit the drawdowns tool.
Volatility
IBD vs. FSIG - Volatility Comparison
Inspire Corporate Bond Impact ETF (IBD) has a higher volatility of 1.53% compared to First Trust Limited Duration Investment Grade Corporate ETF (FSIG) at 0.72%. This indicates that IBD's price experiences larger fluctuations and is considered to be riskier than FSIG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.