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

Correlation

The correlation between IGBH and VCLT is 0.16, 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

IGBH vs. VCLT - 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 Vanguard Long-Term Corporate Bond ETF (VCLT). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

IGBH:

0.62

VCLT:

0.10

Sortino Ratio

IGBH:

0.99

VCLT:

0.35

Omega Ratio

IGBH:

1.15

VCLT:

1.04

Calmar Ratio

IGBH:

0.59

VCLT:

0.10

Martin Ratio

IGBH:

2.55

VCLT:

0.48

Ulcer Index

IGBH:

1.60%

VCLT:

4.83%

Daily Std Dev

IGBH:

6.23%

VCLT:

11.53%

Max Drawdown

IGBH:

-33.67%

VCLT:

-34.31%

Current Drawdown

IGBH:

-1.92%

VCLT:

-20.75%

Returns By Period

In the year-to-date period, IGBH achieves a 0.27% return, which is significantly higher than VCLT's 0.16% return.


IGBH

YTD

0.27%

1M

2.25%

6M

0.91%

1Y

3.67%

5Y*

7.13%

10Y*

N/A

VCLT

YTD

0.16%

1M

0.55%

6M

-1.37%

1Y

1.56%

5Y*

-2.17%

10Y*

2.52%

*Annualized

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IGBH vs. VCLT - Expense Ratio Comparison

IGBH has a 0.16% expense ratio, which is higher than VCLT's 0.04% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


Risk-Adjusted Performance

IGBH vs. VCLT — 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

VCLT
The Risk-Adjusted Performance Rank of VCLT is 2121
Overall Rank
The Sharpe Ratio Rank of VCLT is 2020
Sharpe Ratio Rank
The Sortino Ratio Rank of VCLT is 2121
Sortino Ratio Rank
The Omega Ratio Rank of VCLT is 2020
Omega Ratio Rank
The Calmar Ratio Rank of VCLT is 2020
Calmar Ratio Rank
The Martin Ratio Rank of VCLT is 2222
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. VCLT - 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 Vanguard Long-Term Corporate Bond ETF (VCLT). 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 higher than the VCLT Sharpe Ratio of 0.10. The chart below compares the historical Sharpe Ratios of IGBH and VCLT, 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. VCLT - Dividend Comparison

IGBH's dividend yield for the trailing twelve months is around 6.89%, more than VCLT's 5.40% yield.


TTM20242023202220212020201920182017201620152014
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%0.00%
VCLT
Vanguard Long-Term Corporate Bond ETF
5.40%5.19%4.67%4.44%3.07%3.16%3.81%4.55%4.01%4.33%4.68%4.29%

Drawdowns

IGBH vs. VCLT - Drawdown Comparison

The maximum IGBH drawdown since its inception was -33.67%, roughly equal to the maximum VCLT drawdown of -34.31%. Use the drawdown chart below to compare losses from any high point for IGBH and VCLT. For additional features, visit the drawdowns tool.


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Volatility

IGBH vs. VCLT - Volatility Comparison

The current volatility for iShares Interest Rate Hedged Long-Term Corporate Bond ETF (IGBH) is 1.94%, while Vanguard Long-Term Corporate Bond ETF (VCLT) has a volatility of 3.19%. This indicates that IGBH experiences smaller price fluctuations and is considered to be less risky than VCLT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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