IBND vs. SUSC
IBND (SPDR Bloomberg Barclays International Corporate Bond ETF) and SUSC (iShares ESG Aware USD Corporate Bond ETF) are both Corporate Bonds funds - IBND tracks the Bloomberg Global Aggregate x USD >$1B: Corporate Bond while SUSC tracks the Bloomberg MSCI US Corporate ESG Focus Index. Both are passively managed. Over the past 5 years, IBND returned -1.24%/yr vs 0.19%/yr for SUSC. At a 0.43 correlation, their price movements are largely independent. IBND charges 0.50%/yr vs 0.18%/yr for SUSC.
Performance
IBND vs. SUSC - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IBND achieves a -1.99% return, which is significantly lower than SUSC's 0.58% return.
IBND
- 1D
- -0.13%
- 1M
- -0.81%
- YTD
- -1.99%
- 6M
- -1.90%
- 1Y
- 0.75%
- 3Y*
- 5.84%
- 5Y*
- -1.24%
- 10Y*
- 0.73%
SUSC
- 1D
- -0.15%
- 1M
- 0.67%
- YTD
- 0.58%
- 6M
- 0.75%
- 1Y
- 5.11%
- 3Y*
- 5.05%
- 5Y*
- 0.19%
- 10Y*
- —
IBND vs. SUSC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IBND SPDR Bloomberg Barclays International Corporate Bond ETF | -1.99% | 16.17% | -2.81% | 10.38% | -19.44% | -8.40% | 11.50% | 4.41% | -6.15% | 5.36% |
SUSC iShares ESG Aware USD Corporate Bond ETF | 0.58% | 7.57% | 1.91% | 8.58% | -15.95% | -1.57% | 9.57% | 14.43% | -3.13% | 1.74% |
Correlation
The correlation between IBND and SUSC is 0.58, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.58 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.56 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.57 |
Correlation (All Time) Calculated using the full available price history since Jul 20, 2017 | 0.43 |
The correlation between IBND and SUSC shifts across timeframes, from 0.43 (all time) to 0.58 (1 year), reflecting how their relationship changes across market environments.
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
IBND vs. SUSC — Risk / Return Rank
IBND
SUSC
IBND vs. SUSC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SPDR Bloomberg Barclays International Corporate Bond ETF (IBND) and iShares ESG Aware USD Corporate Bond ETF (SUSC). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| IBND | SUSC | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.08 | ||
| Sortino ratioReturn per unit of downside risk | -1.56 | ||
| Omega ratioGain probability vs. loss probability | 1.02 | 1.20 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 0.11 | 1.78 | -1.67 |
| Martin ratioReturn relative to average drawdown | 0.29 | 5.41 | -5.12 |
Loading charts...
Drawdowns
IBND vs. SUSC - Drawdown Comparison
The maximum IBND drawdown since its inception was -35.62%, which is greater than SUSC's maximum drawdown of -22.42%. Use the drawdown chart below to compare losses from any high point for IBND and SUSC.
Loading charts...
Drawdown Indicators
| IBND | SUSC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.62% | -22.42% | -13.20% |
Max Drawdown (1Y)Largest decline over 1 year | -6.75% | -2.87% | -3.88% |
Max Drawdown (3Y)Largest decline over 3 years | -9.18% | -6.57% | -2.61% |
Max Drawdown (5Y)Largest decline over 5 years | -33.49% | -22.42% | -11.07% |
Max Drawdown (10Y)Largest decline over 10 years | -35.62% | — | — |
Current DrawdownCurrent decline from peak | -10.29% | -1.25% | -9.04% |
Average DrawdownAverage peak-to-trough decline | -10.63% | -5.86% | -4.77% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.62% | 0.95% | +1.67% |
Volatility
IBND vs. SUSC - Volatility Comparison
SPDR Bloomberg Barclays International Corporate Bond ETF (IBND) has a higher volatility of 2.05% compared to iShares ESG Aware USD Corporate Bond ETF (SUSC) at 1.12%. This indicates that IBND's price experiences larger fluctuations and is considered to be riskier than SUSC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IBND | SUSC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.05% | 1.12% | +0.93% |
Volatility (6M)Calculated over the trailing 6-month period | 6.31% | 3.29% | +3.02% |
Volatility (1Y)Calculated over the trailing 1-year period | 8.04% | 4.37% | +3.67% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.75% | 7.18% | +2.57% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.95% | 7.62% | +1.33% |
IBND vs. SUSC - Expense Ratio Comparison
IBND has a 0.50% expense ratio, which is higher than SUSC's 0.18% expense ratio.
Dividends
IBND vs. SUSC - Dividend Comparison
IBND's dividend yield for the trailing twelve months is around 2.76%, less than SUSC's 4.49% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IBND SPDR Bloomberg Barclays International Corporate Bond ETF | 2.76% | 2.49% | 2.61% | 2.08% | 0.54% | 0.38% | 0.45% | 0.67% | 0.71% | 0.34% | 0.01% | 0.01% |
SUSC iShares ESG Aware USD Corporate Bond ETF | 4.49% | 4.37% | 4.34% | 3.83% | 2.97% | 2.21% | 2.19% | 3.07% | 3.33% | 1.33% | 0.00% | 0.00% |
Frequently Asked Questions
IBND and SUSC have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IBND has higher volatility (2.05%) compared to SUSC (1.12%). In terms of maximum drawdown, IBND dropped -35.62% vs SUSC's -22.42%.
On 5-year performance, SUSC leads with 0.19% vs -1.24% for IBND. On fees, SUSC is cheaper at 0.18% per year. On volatility, SUSC has been the lower-risk option at 1.12%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, SUSC has performed better with a 0.19% return vs -1.24%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SUSC is cheaper with a 0.18% expense ratio, compared with 0.50% for IBND.
SUSC has the higher dividend yield at 4.49%, compared with 2.76% for IBND.
IBND tracks Bloomberg Global Aggregate x USD >$1B: Corporate Bond, while SUSC tracks Bloomberg MSCI US Corporate ESG Focus Index. They also come from different issuers: State Street and iShares. Their fees differ too: 0.50% for IBND and 0.18% for SUSC.
SUSC currently has the higher Sharpe Ratio (1.18 vs 0.09), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for IBND and SUSC
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