IQDE vs. BOND
Compare and contrast key facts about FlexShares International Quality Dividend Defensive Index ETF (IQDE) and PIMCO Active Bond ETF (BOND).
IQDE and BOND are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IQDE is a passively managed fund by Northern Trust that tracks the performance of the Northern Trust International Quality Dividend Defensive Index. It was launched on Apr 12, 2013. BOND is an actively managed fund by PIMCO. It was launched on Mar 1, 2012.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IQDE or BOND.
Performance
IQDE vs. BOND - Performance Comparison
Returns By Period
In the year-to-date period, IQDE achieves a 5.45% return, which is significantly higher than BOND's 3.04% return. Over the past 10 years, IQDE has outperformed BOND with an annualized return of 2.66%, while BOND has yielded a comparatively lower 1.88% annualized return.
IQDE
5.45%
-4.49%
-1.69%
11.70%
4.06%
2.66%
BOND
3.04%
-0.65%
3.36%
8.61%
0.20%
1.88%
Key characteristics
| IQDE | BOND | |
|---|---|---|
| Sharpe Ratio | 1.02 | 1.58 |
| Sortino Ratio | 1.47 | 2.28 |
| Omega Ratio | 1.18 | 1.28 |
| Calmar Ratio | 1.20 | 0.60 |
| Martin Ratio | 4.97 | 5.95 |
| Ulcer Index | 2.46% | 1.47% |
| Daily Std Dev | 11.97% | 5.53% |
| Max Drawdown | -38.85% | -19.71% |
| Current Drawdown | -7.82% | -6.86% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
IQDE vs. BOND - Expense Ratio Comparison
IQDE has a 0.47% expense ratio, which is lower than BOND's 0.57% expense ratio.
Correlation
The correlation between IQDE and BOND is 0.05, 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.
Risk-Adjusted Performance
IQDE vs. BOND - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for FlexShares International Quality Dividend Defensive Index ETF (IQDE) and PIMCO Active Bond ETF (BOND). 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.
Dividends
IQDE vs. BOND - Dividend Comparison
IQDE's dividend yield for the trailing twelve months is around 3.88%, less than BOND's 5.57% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IQDE FlexShares International Quality Dividend Defensive Index ETF | 3.88% | 5.51% | 5.28% | 3.98% | 3.10% | 4.84% | 5.15% | 4.51% | 3.67% | 4.95% | 4.02% | 1.82% |
BOND PIMCO Active Bond ETF | 5.57% | 4.78% | 3.44% | 2.58% | 2.66% | 3.38% | 3.47% | 2.87% | 2.85% | 4.14% | 4.13% | 2.82% |
Drawdowns
IQDE vs. BOND - Drawdown Comparison
The maximum IQDE drawdown since its inception was -38.85%, which is greater than BOND's maximum drawdown of -19.71%. Use the drawdown chart below to compare losses from any high point for IQDE and BOND. For additional features, visit the drawdowns tool.
Volatility
IQDE vs. BOND - Volatility Comparison
FlexShares International Quality Dividend Defensive Index ETF (IQDE) has a higher volatility of 3.73% compared to PIMCO Active Bond ETF (BOND) at 1.40%. This indicates that IQDE's price experiences larger fluctuations and is considered to be riskier than BOND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.