IGSB vs. LQDH
IGSB (iShares Short-Term Corporate Bond ETF) and LQDH (iShares Interest Rate Hedged Corporate Bond ETF) are both Corporate Bonds funds from iShares. IGSB is passively managed, while LQDH is actively managed. Over the past 10 years, IGSB returned 2.74%/yr vs 4.64%/yr for LQDH. At a 0.19 correlation, their price movements are largely independent. IGSB charges 0.06%/yr vs 0.25%/yr for LQDH.
Performance
IGSB vs. LQDH - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IGSB achieves a 0.72% return, which is significantly lower than LQDH's 2.31% return. Over the past 10 years, IGSB has underperformed LQDH with an annualized return of 2.74%, while LQDH has yielded a comparatively higher 4.64% annualized return.
IGSB
- 1D
- -0.06%
- 1M
- 0.27%
- YTD
- 0.72%
- 6M
- 1.01%
- 1Y
- 4.72%
- 3Y*
- 5.66%
- 5Y*
- 2.43%
- 10Y*
- 2.74%
LQDH
- 1D
- -0.09%
- 1M
- 1.29%
- YTD
- 2.31%
- 6M
- 3.11%
- 1Y
- 7.62%
- 3Y*
- 8.08%
- 5Y*
- 5.28%
- 10Y*
- 4.64%
IGSB vs. LQDH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IGSB iShares Short-Term Corporate Bond ETF | 0.72% | 6.96% | 4.97% | 6.40% | -5.63% | -0.56% | 5.37% | 7.11% | 1.25% | 1.27% |
LQDH iShares Interest Rate Hedged Corporate Bond ETF | 2.31% | 7.00% | 7.43% | 11.14% | -1.88% | 1.84% | 1.68% | 9.50% | -2.20% | 6.00% |
Correlation
The correlation between IGSB and LQDH is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.29 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.25 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.29 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.22 |
Correlation (All Time) Calculated using the full available price history since Jun 18, 2014 | 0.19 |
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
IGSB vs. LQDH — Risk / Return Rank
IGSB
LQDH
IGSB vs. LQDH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Short-Term Corporate Bond ETF (IGSB) 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.
| IGSB | LQDH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.37 | ||
| Sortino ratioReturn per unit of downside risk | -0.46 | ||
| Omega ratioGain probability vs. loss probability | 1.49 | 1.57 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 3.25 | 3.26 | -0.01 |
| Martin ratioReturn relative to average drawdown | 13.22 | 13.85 | -0.64 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| IGSB | LQDH | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.46 | 2.83 | -0.37 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.83 | 1.20 | -0.37 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.79 | 0.72 | +0.07 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.70 | 0.58 | +0.12 |
Drawdowns
IGSB vs. LQDH - Drawdown Comparison
The maximum IGSB drawdown since its inception was -13.38%, smaller than the maximum LQDH drawdown of -24.63%. Use the drawdown chart below to compare losses from any high point for IGSB and LQDH.
Loading charts...
Drawdown Indicators
| IGSB | LQDH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.38% | -24.63% | +11.25% |
Max Drawdown (1Y)Largest decline over 1 year | -1.46% | -2.34% | +0.88% |
Max Drawdown (3Y)Largest decline over 3 years | -1.46% | -4.86% | +3.40% |
Max Drawdown (5Y)Largest decline over 5 years | -9.46% | -7.08% | -2.38% |
Max Drawdown (10Y)Largest decline over 10 years | -13.38% | -24.63% | +11.25% |
Current DrawdownCurrent decline from peak | -0.32% | -0.09% | -0.23% |
Average DrawdownAverage peak-to-trough decline | -0.85% | -1.68% | +0.83% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.36% | 0.55% | -0.19% |
Volatility
IGSB vs. LQDH - Volatility Comparison
iShares Short-Term Corporate Bond ETF (IGSB) has a higher volatility of 0.57% compared to iShares Interest Rate Hedged Corporate Bond ETF (LQDH) at 0.50%. This indicates that IGSB's price experiences larger fluctuations and is considered to be riskier than LQDH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IGSB | LQDH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.57% | 0.50% | +0.07% |
Volatility (6M)Calculated over the trailing 6-month period | 1.41% | 2.03% | -0.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.92% | 2.70% | -0.78% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.93% | 4.41% | -1.48% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.46% | 6.44% | -2.98% |
IGSB vs. LQDH - Expense Ratio Comparison
IGSB has a 0.06% expense ratio, which is lower than LQDH's 0.25% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
IGSB vs. LQDH - Dividend Comparison
IGSB's dividend yield for the trailing twelve months is around 4.58%, less than LQDH's 5.95% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IGSB iShares Short-Term Corporate Bond ETF | 4.58% | 4.44% | 4.02% | 3.26% | 2.07% | 1.82% | 2.36% | 3.06% | 2.46% | 1.65% | 1.45% | 1.18% |
LQDH iShares Interest Rate Hedged Corporate Bond ETF | 5.95% | 6.06% | 7.57% | 7.69% | 3.73% | 1.65% | 2.22% | 3.09% | 5.08% | 2.37% | 2.33% | 2.98% |
Frequently Asked Questions
IGSB and LQDH have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IGSB has higher volatility (0.57%) compared to LQDH (0.50%). In terms of maximum drawdown, IGSB dropped -13.38% vs LQDH's -24.63%.
On 10-year performance, LQDH leads with 4.64% vs 2.74% for IGSB. On fees, IGSB is cheaper at 0.06% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, LQDH has performed better with a 4.64% return vs 2.74%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IGSB is cheaper with a 0.06% expense ratio, compared with 0.25% for LQDH.
LQDH has the higher dividend yield at 5.95%, compared with 4.58% for IGSB.
Their fees differ too: 0.06% for IGSB and 0.25% for LQDH.
LQDH currently has the higher Sharpe Ratio (2.83 vs 2.46), 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 IGSB and LQDH
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