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IGEB vs. LQD
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between IGEB and LQD is 0.21, 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.


-0.50.00.51.0
Correlation: 0.2

Performance

IGEB vs. LQD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Investment Grade Bond Factor ETF (IGEB) and iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD). The values are adjusted to include any dividend payments, if applicable.

12.00%14.00%16.00%18.00%20.00%22.00%24.00%NovemberDecember2025FebruaryMarchApril
22.57%
16.87%
IGEB
LQD

Key characteristics

Sharpe Ratio

IGEB:

1.31

LQD:

0.93

Sortino Ratio

IGEB:

1.88

LQD:

1.34

Omega Ratio

IGEB:

1.23

LQD:

1.16

Calmar Ratio

IGEB:

0.69

LQD:

0.45

Martin Ratio

IGEB:

4.24

LQD:

2.63

Ulcer Index

IGEB:

1.80%

LQD:

2.67%

Daily Std Dev

IGEB:

5.84%

LQD:

7.55%

Max Drawdown

IGEB:

-21.30%

LQD:

-24.95%

Current Drawdown

IGEB:

-3.76%

LQD:

-9.20%

Returns By Period

In the year-to-date period, IGEB achieves a 2.04% return, which is significantly lower than LQD's 2.22% return.


IGEB

YTD

2.04%

1M

0.37%

6M

1.33%

1Y

8.17%

5Y*

0.97%

10Y*

N/A

LQD

YTD

2.22%

1M

0.41%

6M

0.97%

1Y

7.75%

5Y*

-0.29%

10Y*

2.29%

*Annualized

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IGEB vs. LQD - Expense Ratio Comparison

IGEB has a 0.18% expense ratio, which is higher than LQD's 0.15% 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%.


Expense ratio chart for IGEB: current value is 0.18%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
IGEB: 0.18%
Expense ratio chart for LQD: current value is 0.15%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
LQD: 0.15%

Risk-Adjusted Performance

IGEB vs. LQD — Risk-Adjusted Performance Rank

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

IGEB
The Risk-Adjusted Performance Rank of IGEB is 8282
Overall Rank
The Sharpe Ratio Rank of IGEB is 8787
Sharpe Ratio Rank
The Sortino Ratio Rank of IGEB is 8787
Sortino Ratio Rank
The Omega Ratio Rank of IGEB is 8484
Omega Ratio Rank
The Calmar Ratio Rank of IGEB is 7373
Calmar Ratio Rank
The Martin Ratio Rank of IGEB is 8181
Martin Ratio Rank

LQD
The Risk-Adjusted Performance Rank of LQD is 7070
Overall Rank
The Sharpe Ratio Rank of LQD is 7878
Sharpe Ratio Rank
The Sortino Ratio Rank of LQD is 7777
Sortino Ratio Rank
The Omega Ratio Rank of LQD is 7272
Omega Ratio Rank
The Calmar Ratio Rank of LQD is 5656
Calmar Ratio Rank
The Martin Ratio Rank of LQD is 6868
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.

IGEB vs. LQD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Investment Grade Bond Factor ETF (IGEB) and iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD). 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 chart of Sharpe ratio for IGEB, currently valued at 1.31, compared to the broader market-1.000.001.002.003.004.00
IGEB: 1.31
LQD: 0.93
The chart of Sortino ratio for IGEB, currently valued at 1.88, compared to the broader market-2.000.002.004.006.008.00
IGEB: 1.88
LQD: 1.34
The chart of Omega ratio for IGEB, currently valued at 1.23, compared to the broader market0.501.001.502.002.50
IGEB: 1.23
LQD: 1.16
The chart of Calmar ratio for IGEB, currently valued at 0.69, compared to the broader market0.002.004.006.008.0010.0012.00
IGEB: 0.69
LQD: 0.45
The chart of Martin ratio for IGEB, currently valued at 4.24, compared to the broader market0.0020.0040.0060.00
IGEB: 4.24
LQD: 2.63

The current IGEB Sharpe Ratio is 1.31, which is higher than the LQD Sharpe Ratio of 0.93. The chart below compares the historical Sharpe Ratios of IGEB and LQD, 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 Ratio0.000.501.001.502.002.50NovemberDecember2025FebruaryMarchApril
1.31
0.93
IGEB
LQD

Dividends

IGEB vs. LQD - Dividend Comparison

IGEB's dividend yield for the trailing twelve months is around 5.07%, more than LQD's 4.42% yield.


TTM20242023202220212020201920182017201620152014
IGEB
iShares Investment Grade Bond Factor ETF
5.07%5.09%4.60%3.64%3.63%2.90%5.61%3.59%1.61%0.00%0.00%0.00%
LQD
iShares iBoxx $ Investment Grade Corporate Bond ETF
4.42%4.45%3.99%3.30%2.30%2.66%3.29%3.67%3.10%3.34%3.47%3.39%

Drawdowns

IGEB vs. LQD - Drawdown Comparison

The maximum IGEB drawdown since its inception was -21.30%, smaller than the maximum LQD drawdown of -24.95%. Use the drawdown chart below to compare losses from any high point for IGEB and LQD. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%NovemberDecember2025FebruaryMarchApril
-3.76%
-9.20%
IGEB
LQD

Volatility

IGEB vs. LQD - Volatility Comparison

The current volatility for iShares Investment Grade Bond Factor ETF (IGEB) is 3.07%, while iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) has a volatility of 4.02%. This indicates that IGEB experiences smaller price fluctuations and is considered to be less risky than LQD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.50%2.00%2.50%3.00%3.50%4.00%NovemberDecember2025FebruaryMarchApril
3.07%
4.02%
IGEB
LQD