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IGBH vs. FLBL
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between IGBH and FLBL is 0.46, 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

IGBH vs. FLBL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Interest Rate Hedged Long-Term Corporate Bond ETF (IGBH) and Franklin Liberty Senior Loan ETF (FLBL). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

IGBH:

0.62

FLBL:

1.63

Sortino Ratio

IGBH:

0.99

FLBL:

2.35

Omega Ratio

IGBH:

1.15

FLBL:

1.53

Calmar Ratio

IGBH:

0.59

FLBL:

1.68

Martin Ratio

IGBH:

2.55

FLBL:

10.90

Ulcer Index

IGBH:

1.60%

FLBL:

0.60%

Daily Std Dev

IGBH:

6.23%

FLBL:

3.95%

Max Drawdown

IGBH:

-33.67%

FLBL:

-19.52%

Current Drawdown

IGBH:

-1.92%

FLBL:

0.00%

Returns By Period

In the year-to-date period, IGBH achieves a 0.27% return, which is significantly lower than FLBL's 1.72% return.


IGBH

YTD

0.27%

1M

2.25%

6M

0.91%

1Y

3.67%

5Y*

7.13%

10Y*

N/A

FLBL

YTD

1.72%

1M

2.98%

6M

2.78%

1Y

6.34%

5Y*

6.83%

10Y*

N/A

*Annualized

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IGBH vs. FLBL - Expense Ratio Comparison

IGBH has a 0.16% expense ratio, which is lower than FLBL's 0.45% expense ratio.


Risk-Adjusted Performance

IGBH vs. FLBL — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IGBH
The Risk-Adjusted Performance Rank of IGBH is 6161
Overall Rank
The Sharpe Ratio Rank of IGBH is 6060
Sharpe Ratio Rank
The Sortino Ratio Rank of IGBH is 5858
Sortino Ratio Rank
The Omega Ratio Rank of IGBH is 6464
Omega Ratio Rank
The Calmar Ratio Rank of IGBH is 6060
Calmar Ratio Rank
The Martin Ratio Rank of IGBH is 6363
Martin Ratio Rank

FLBL
The Risk-Adjusted Performance Rank of FLBL is 9393
Overall Rank
The Sharpe Ratio Rank of FLBL is 9393
Sharpe Ratio Rank
The Sortino Ratio Rank of FLBL is 9292
Sortino Ratio Rank
The Omega Ratio Rank of FLBL is 9797
Omega Ratio Rank
The Calmar Ratio Rank of FLBL is 9191
Calmar Ratio Rank
The Martin Ratio Rank of FLBL is 9494
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

IGBH vs. FLBL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Interest Rate Hedged Long-Term Corporate Bond ETF (IGBH) and Franklin Liberty Senior Loan ETF (FLBL). 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.


The current IGBH Sharpe Ratio is 0.62, which is lower than the FLBL Sharpe Ratio of 1.63. The chart below compares the historical Sharpe Ratios of IGBH and FLBL, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

IGBH vs. FLBL - Dividend Comparison

IGBH's dividend yield for the trailing twelve months is around 6.89%, less than FLBL's 7.33% yield.


TTM2024202320222021202020192018201720162015
IGBH
iShares Interest Rate Hedged Long-Term Corporate Bond ETF
6.89%6.88%7.32%3.84%2.71%2.39%3.39%6.06%2.88%2.63%1.12%
FLBL
Franklin Liberty Senior Loan ETF
7.33%8.05%8.37%5.53%3.57%3.22%3.97%2.20%0.00%0.00%0.00%

Drawdowns

IGBH vs. FLBL - Drawdown Comparison

The maximum IGBH drawdown since its inception was -33.67%, which is greater than FLBL's maximum drawdown of -19.52%. Use the drawdown chart below to compare losses from any high point for IGBH and FLBL. For additional features, visit the drawdowns tool.


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Volatility

IGBH vs. FLBL - Volatility Comparison

iShares Interest Rate Hedged Long-Term Corporate Bond ETF (IGBH) has a higher volatility of 1.94% compared to Franklin Liberty Senior Loan ETF (FLBL) at 1.01%. This indicates that IGBH's price experiences larger fluctuations and is considered to be riskier than FLBL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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