IBHG vs. LQDW
Compare and contrast key facts about iShares iBonds 2027 Term High Yield and Income ETF (IBHG) and iShares Investment Grade Corporate Bond Buywrite Strategy ETF (LQDW).
IBHG and LQDW are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IBHG is a passively managed fund by iShares that tracks the performance of the Bloomberg 2027 Term High Yield and Income Index - Benchmark TR Gross. It was launched on Jul 7, 2021. LQDW is a passively managed fund by iShares that tracks the performance of the CBOE LQD BuyWrite Index. It was launched on Aug 18, 2022. Both IBHG and LQDW 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: IBHG or LQDW.
Correlation
The correlation between IBHG and LQDW is 0.34, 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
IBHG vs. LQDW - Performance Comparison
Key characteristics
IBHG:
2.00
LQDW:
1.21
IBHG:
2.92
LQDW:
1.69
IBHG:
1.42
LQDW:
1.25
IBHG:
2.55
LQDW:
1.26
IBHG:
15.92
LQDW:
4.16
IBHG:
0.54%
LQDW:
1.44%
IBHG:
4.33%
LQDW:
4.95%
IBHG:
-13.85%
LQDW:
-9.20%
IBHG:
-0.25%
LQDW:
-0.84%
Returns By Period
In the year-to-date period, IBHG achieves a 1.73% return, which is significantly lower than LQDW's 2.32% return.
IBHG
1.73%
-0.12%
2.59%
8.40%
N/A
N/A
LQDW
2.32%
-0.22%
1.68%
5.87%
N/A
N/A
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IBHG vs. LQDW - Expense Ratio Comparison
IBHG has a 0.35% expense ratio, which is higher than LQDW's 0.34% expense ratio.
Risk-Adjusted Performance
IBHG vs. LQDW — Risk-Adjusted Performance Rank
IBHG
LQDW
IBHG vs. LQDW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares iBonds 2027 Term High Yield and Income ETF (IBHG) and iShares Investment Grade Corporate Bond Buywrite Strategy ETF (LQDW). 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
IBHG vs. LQDW - Dividend Comparison
IBHG's dividend yield for the trailing twelve months is around 6.80%, less than LQDW's 15.34% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
IBHG iShares iBonds 2027 Term High Yield and Income ETF | 6.80% | 7.01% | 6.67% | 5.62% | 2.13% |
LQDW iShares Investment Grade Corporate Bond Buywrite Strategy ETF | 15.34% | 15.74% | 19.28% | 8.85% | 0.00% |
Drawdowns
IBHG vs. LQDW - Drawdown Comparison
The maximum IBHG drawdown since its inception was -13.85%, which is greater than LQDW's maximum drawdown of -9.20%. Use the drawdown chart below to compare losses from any high point for IBHG and LQDW. For additional features, visit the drawdowns tool.
Volatility
IBHG vs. LQDW - Volatility Comparison
iShares iBonds 2027 Term High Yield and Income ETF (IBHG) and iShares Investment Grade Corporate Bond Buywrite Strategy ETF (LQDW) have volatilities of 3.08% and 3.15%, 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.