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IBHG vs. LQDW
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between IBHG and LQDW is 0.60, 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.


-0.50.00.51.00.6

Performance

IBHG vs. LQDW - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares iBonds 2027 Term High Yield and Income ETF (IBHG) and iShares Investment Grade Corporate Bond Buywrite Strategy ETF (LQDW). The values are adjusted to include any dividend payments, if applicable.

0.00%5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
18.86%
-0.80%
IBHG
LQDW

Key characteristics

Sharpe Ratio

IBHG:

2.05

LQDW:

0.64

Sortino Ratio

IBHG:

3.10

LQDW:

0.88

Omega Ratio

IBHG:

1.38

LQDW:

1.12

Calmar Ratio

IBHG:

4.34

LQDW:

0.56

Martin Ratio

IBHG:

17.60

LQDW:

2.13

Ulcer Index

IBHG:

0.43%

LQDW:

1.37%

Daily Std Dev

IBHG:

3.69%

LQDW:

4.55%

Max Drawdown

IBHG:

-13.85%

LQDW:

-9.20%

Current Drawdown

IBHG:

-0.45%

LQDW:

-2.93%

Returns By Period

In the year-to-date period, IBHG achieves a 7.42% return, which is significantly higher than LQDW's 2.48% return.


IBHG

YTD

7.42%

1M

0.29%

6M

4.79%

1Y

7.14%

5Y*

N/A

10Y*

N/A

LQDW

YTD

2.48%

1M

-0.19%

6M

0.86%

1Y

2.89%

5Y*

N/A

10Y*

N/A

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


IBHG vs. LQDW - Expense Ratio Comparison

IBHG has a 0.35% expense ratio, which is higher than LQDW's 0.34% expense ratio.


IBHG
iShares iBonds 2027 Term High Yield and Income ETF
Expense ratio chart for IBHG: current value at 0.35% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.35%
Expense ratio chart for LQDW: current value at 0.34% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.34%

Risk-Adjusted Performance

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.


Sharpe ratio
The chart of Sharpe ratio for IBHG, currently valued at 2.05, compared to the broader market0.002.004.002.050.64
The chart of Sortino ratio for IBHG, currently valued at 3.10, compared to the broader market-2.000.002.004.006.008.0010.003.100.88
The chart of Omega ratio for IBHG, currently valued at 1.38, compared to the broader market0.501.001.502.002.503.001.381.12
The chart of Calmar ratio for IBHG, currently valued at 4.34, compared to the broader market0.005.0010.0015.004.340.56
The chart of Martin ratio for IBHG, currently valued at 17.60, compared to the broader market0.0020.0040.0060.0080.00100.0017.602.13
IBHG
LQDW

The current IBHG Sharpe Ratio is 2.05, which is higher than the LQDW Sharpe Ratio of 0.64. The chart below compares the historical Sharpe Ratios of IBHG and LQDW, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.00JulyAugustSeptemberOctoberNovemberDecember
2.05
0.64
IBHG
LQDW

Dividends

IBHG vs. LQDW - Dividend Comparison

IBHG's dividend yield for the trailing twelve months is around 7.01%, less than LQDW's 18.11% yield.


TTM202320222021
IBHG
iShares iBonds 2027 Term High Yield and Income ETF
7.01%6.67%5.62%2.13%
LQDW
iShares Investment Grade Corporate Bond Buywrite Strategy ETF
15.76%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.


-3.50%-3.00%-2.50%-2.00%-1.50%-1.00%-0.50%0.00%JulyAugustSeptemberOctoberNovemberDecember
-0.45%
-2.93%
IBHG
LQDW

Volatility

IBHG vs. LQDW - Volatility Comparison

iShares iBonds 2027 Term High Yield and Income ETF (IBHG) has a higher volatility of 1.26% compared to iShares Investment Grade Corporate Bond Buywrite Strategy ETF (LQDW) at 1.05%. This indicates that IBHG's price experiences larger fluctuations and is considered to be riskier than LQDW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.50%1.00%1.50%2.00%JulyAugustSeptemberOctoberNovemberDecember
1.26%
1.05%
IBHG
LQDW
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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