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IGSB vs. SLQD
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between IGSB and SLQD is 0.73, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.00.7

Performance

IGSB vs. SLQD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Short-Term Corporate Bond ETF (IGSB) and iShares 0-5 Year Investment Grade Corporate Bond ETF (SLQD). The values are adjusted to include any dividend payments, if applicable.

21.00%22.00%23.00%24.00%25.00%26.00%27.00%28.00%JulyAugustSeptemberOctoberNovemberDecember
25.27%
27.36%
IGSB
SLQD

Key characteristics

Sharpe Ratio

IGSB:

2.19

SLQD:

2.65

Sortino Ratio

IGSB:

3.25

SLQD:

4.09

Omega Ratio

IGSB:

1.42

SLQD:

1.54

Calmar Ratio

IGSB:

4.43

SLQD:

6.21

Martin Ratio

IGSB:

10.94

SLQD:

15.47

Ulcer Index

IGSB:

0.48%

SLQD:

0.33%

Daily Std Dev

IGSB:

2.38%

SLQD:

1.92%

Max Drawdown

IGSB:

-13.38%

SLQD:

-12.69%

Current Drawdown

IGSB:

-0.77%

SLQD:

-0.49%

Returns By Period

The year-to-date returns for both stocks are quite close, with IGSB having a 4.77% return and SLQD slightly lower at 4.68%. Both investments have delivered pretty close results over the past 10 years, with IGSB having a 2.20% annualized return and SLQD not far ahead at 2.27%.


IGSB

YTD

4.77%

1M

0.24%

6M

3.10%

1Y

5.09%

5Y*

2.01%

10Y*

2.20%

SLQD

YTD

4.68%

1M

0.29%

6M

2.97%

1Y

4.94%

5Y*

2.06%

10Y*

2.27%

Compare stocks, funds, or ETFs

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


IGSB vs. SLQD - Expense Ratio Comparison

Both IGSB and SLQD have an expense ratio of 0.06%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.


IGSB
iShares Short-Term Corporate Bond ETF
Expense ratio chart for IGSB: current value at 0.06% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.06%
Expense ratio chart for SLQD: current value at 0.06% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.06%

Risk-Adjusted Performance

IGSB vs. SLQD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Short-Term Corporate Bond ETF (IGSB) and iShares 0-5 Year Investment Grade Corporate Bond ETF (SLQD). 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.


Sharpe ratio
The chart of Sharpe ratio for IGSB, currently valued at 2.19, compared to the broader market0.002.004.002.192.65
The chart of Sortino ratio for IGSB, currently valued at 3.25, compared to the broader market-2.000.002.004.006.008.0010.003.254.09
The chart of Omega ratio for IGSB, currently valued at 1.42, compared to the broader market0.501.001.502.002.503.001.421.54
The chart of Calmar ratio for IGSB, currently valued at 4.43, compared to the broader market0.005.0010.0015.004.436.21
The chart of Martin ratio for IGSB, currently valued at 10.94, compared to the broader market0.0020.0040.0060.0080.00100.0010.9415.47
IGSB
SLQD

The current IGSB Sharpe Ratio is 2.19, which is comparable to the SLQD Sharpe Ratio of 2.65. The chart below compares the historical Sharpe Ratios of IGSB and SLQD, 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 Ratio2.002.503.003.504.00JulyAugustSeptemberOctoberNovemberDecember
2.19
2.65
IGSB
SLQD

Dividends

IGSB vs. SLQD - Dividend Comparison

IGSB's dividend yield for the trailing twelve months is around 4.03%, more than SLQD's 3.72% yield.


TTM20232022202120202019201820172016201520142013
IGSB
iShares Short-Term Corporate Bond ETF
4.03%3.26%2.07%1.82%2.37%3.07%2.46%1.65%1.45%1.18%0.94%1.17%
SLQD
iShares 0-5 Year Investment Grade Corporate Bond ETF
3.72%2.99%2.00%1.67%2.34%2.89%2.56%1.98%1.81%1.43%1.24%0.23%

Drawdowns

IGSB vs. SLQD - Drawdown Comparison

The maximum IGSB drawdown since its inception was -13.38%, which is greater than SLQD's maximum drawdown of -12.69%. Use the drawdown chart below to compare losses from any high point for IGSB and SLQD. For additional features, visit the drawdowns tool.


-1.20%-1.00%-0.80%-0.60%-0.40%-0.20%0.00%JulyAugustSeptemberOctoberNovemberDecember
-0.77%
-0.49%
IGSB
SLQD

Volatility

IGSB vs. SLQD - Volatility Comparison

iShares Short-Term Corporate Bond ETF (IGSB) has a higher volatility of 0.69% compared to iShares 0-5 Year Investment Grade Corporate Bond ETF (SLQD) at 0.61%. This indicates that IGSB's price experiences larger fluctuations and is considered to be riskier than SLQD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.30%0.40%0.50%0.60%0.70%0.80%JulyAugustSeptemberOctoberNovemberDecember
0.69%
0.61%
IGSB
SLQD
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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