PortfoliosLab logo
IGHG vs. LQDH
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between IGHG and LQDH is 0.45, 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

IGHG vs. LQDH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Investment Grade-Interest Rate Hedged (IGHG) and iShares Interest Rate Hedged Corporate Bond ETF (LQDH). The values are adjusted to include any dividend payments, if applicable.

34.00%36.00%38.00%40.00%42.00%December2025FebruaryMarchAprilMay
41.32%
38.72%
IGHG
LQDH

Key characteristics

Sharpe Ratio

IGHG:

1.04

LQDH:

0.96

Sortino Ratio

IGHG:

1.49

LQDH:

1.39

Omega Ratio

IGHG:

1.20

LQDH:

1.21

Calmar Ratio

IGHG:

1.39

LQDH:

0.79

Martin Ratio

IGHG:

5.44

LQDH:

4.05

Ulcer Index

IGHG:

0.96%

LQDH:

0.95%

Daily Std Dev

IGHG:

4.99%

LQDH:

4.01%

Max Drawdown

IGHG:

-25.16%

LQDH:

-24.63%

Current Drawdown

IGHG:

-1.01%

LQDH:

-1.83%

Returns By Period

In the year-to-date period, IGHG achieves a -0.20% return, which is significantly lower than LQDH's -0.10% return. Over the past 10 years, IGHG has outperformed LQDH with an annualized return of 3.78%, while LQDH has yielded a comparatively lower 3.56% annualized return.


IGHG

YTD

-0.20%

1M

2.38%

6M

0.96%

1Y

5.21%

5Y*

7.02%

10Y*

3.78%

LQDH

YTD

-0.10%

1M

2.01%

6M

0.64%

1Y

3.87%

5Y*

6.38%

10Y*

3.56%

*Annualized

Compare stocks, funds, or ETFs

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


IGHG vs. LQDH - Expense Ratio Comparison

IGHG has a 0.30% expense ratio, which is higher than LQDH's 0.25% expense ratio.


Risk-Adjusted Performance

IGHG vs. LQDH — Risk-Adjusted Performance Rank

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

IGHG
The Risk-Adjusted Performance Rank of IGHG is 8383
Overall Rank
The Sharpe Ratio Rank of IGHG is 8282
Sharpe Ratio Rank
The Sortino Ratio Rank of IGHG is 8181
Sortino Ratio Rank
The Omega Ratio Rank of IGHG is 7979
Omega Ratio Rank
The Calmar Ratio Rank of IGHG is 8787
Calmar Ratio Rank
The Martin Ratio Rank of IGHG is 8686
Martin Ratio Rank

LQDH
The Risk-Adjusted Performance Rank of LQDH is 7979
Overall Rank
The Sharpe Ratio Rank of LQDH is 7979
Sharpe Ratio Rank
The Sortino Ratio Rank of LQDH is 7878
Sortino Ratio Rank
The Omega Ratio Rank of LQDH is 8282
Omega Ratio Rank
The Calmar Ratio Rank of LQDH is 7676
Calmar Ratio Rank
The Martin Ratio Rank of LQDH is 8080
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.

IGHG vs. LQDH - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Investment Grade-Interest Rate Hedged (IGHG) and iShares Interest Rate Hedged Corporate Bond ETF (LQDH). 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 IGHG Sharpe Ratio is 1.04, which is comparable to the LQDH Sharpe Ratio of 0.96. The chart below compares the historical Sharpe Ratios of IGHG and LQDH, 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 Ratio0.001.002.003.004.00December2025FebruaryMarchAprilMay
1.04
0.96
IGHG
LQDH

Dividends

IGHG vs. LQDH - Dividend Comparison

IGHG's dividend yield for the trailing twelve months is around 5.24%, less than LQDH's 7.05% yield.


TTM20242023202220212020201920182017201620152014
IGHG
ProShares Investment Grade-Interest Rate Hedged
5.24%5.06%5.00%3.55%2.50%2.79%3.48%4.13%3.36%3.37%3.65%3.59%
LQDH
iShares Interest Rate Hedged Corporate Bond ETF
7.05%7.57%7.69%3.73%1.65%2.22%3.09%5.08%2.37%2.33%2.98%2.19%

Drawdowns

IGHG vs. LQDH - Drawdown Comparison

The maximum IGHG drawdown since its inception was -25.16%, roughly equal to the maximum LQDH drawdown of -24.63%. Use the drawdown chart below to compare losses from any high point for IGHG and LQDH. For additional features, visit the drawdowns tool.


-5.00%-4.00%-3.00%-2.00%-1.00%0.00%December2025FebruaryMarchAprilMay
-1.01%
-1.83%
IGHG
LQDH

Volatility

IGHG vs. LQDH - Volatility Comparison

The current volatility for ProShares Investment Grade-Interest Rate Hedged (IGHG) is 1.83%, while iShares Interest Rate Hedged Corporate Bond ETF (LQDH) has a volatility of 2.55%. This indicates that IGHG experiences smaller price fluctuations and is considered to be less risky than LQDH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.50%1.00%1.50%2.00%2.50%3.00%December2025FebruaryMarchAprilMay
1.83%
2.55%
IGHG
LQDH