IBDP vs. PFF
Compare and contrast key facts about iShares iBonds Dec 2024 Term Corporate ETF (IBDP) and iShares Preferred and Income Securities ETF (PFF).
IBDP and PFF are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IBDP is a passively managed fund by iShares that tracks the performance of the Bloomberg December 2024 Maturity Corporate Index. It was launched on Mar 11, 2015. PFF is a passively managed fund by iShares that tracks the performance of the S&P U.S. Preferred Stock Index. It was launched on Mar 30, 2007. Both IBDP and PFF 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: IBDP or PFF.
Key characteristics
| IBDP | PFF | |
|---|---|---|
| YTD Return | 4.56% | 12.38% |
| 1Y Return | 5.78% | 20.45% |
| 3Y Return (Ann) | 1.70% | 0.35% |
| 5Y Return (Ann) | 2.42% | 3.42% |
| Sharpe Ratio | 10.96 | 2.38 |
| Sortino Ratio | 28.35 | 3.32 |
| Omega Ratio | 7.01 | 1.44 |
| Calmar Ratio | 5.19 | 1.13 |
| Martin Ratio | 388.56 | 13.30 |
| Ulcer Index | 0.01% | 1.44% |
| Daily Std Dev | 0.53% | 8.07% |
| Max Drawdown | -17.06% | -65.55% |
| Current Drawdown | 0.00% | -0.14% |
Correlation
The correlation between IBDP and PFF is 0.18, 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
IBDP vs. PFF - Performance Comparison
In the year-to-date period, IBDP achieves a 4.56% return, which is significantly lower than PFF's 12.38% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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IBDP vs. PFF - Expense Ratio Comparison
IBDP has a 0.10% expense ratio, which is lower than PFF's 0.46% expense ratio.
Risk-Adjusted Performance
IBDP vs. PFF - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares iBonds Dec 2024 Term Corporate ETF (IBDP) and iShares Preferred and Income Securities ETF (PFF). 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
IBDP vs. PFF - Dividend Comparison
IBDP's dividend yield for the trailing twelve months is around 4.08%, less than PFF's 6.04% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IBDP iShares iBonds Dec 2024 Term Corporate ETF | 4.08% | 3.01% | 2.06% | 1.86% | 2.51% | 3.15% | 3.34% | 3.15% | 3.23% | 2.53% | 0.00% | 0.00% |
PFF iShares Preferred and Income Securities ETF | 6.04% | 6.63% | 5.55% | 4.45% | 4.79% | 5.31% | 6.31% | 5.59% | 5.85% | 5.77% | 6.32% | 6.61% |
Drawdowns
IBDP vs. PFF - Drawdown Comparison
The maximum IBDP drawdown since its inception was -17.06%, smaller than the maximum PFF drawdown of -65.55%. Use the drawdown chart below to compare losses from any high point for IBDP and PFF. For additional features, visit the drawdowns tool.
Volatility
IBDP vs. PFF - Volatility Comparison
The current volatility for iShares iBonds Dec 2024 Term Corporate ETF (IBDP) is 0.09%, while iShares Preferred and Income Securities ETF (PFF) has a volatility of 2.53%. This indicates that IBDP experiences smaller price fluctuations and is considered to be less risky than PFF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.