IXJ vs. LMBS
IXJ (iShares Global Healthcare ETF) and LMBS (First Trust Low Duration Mortgage Opportunities ETF) are both exchange-traded funds - IXJ is a Health & Biotech Equities fund tracking the S&P Global Healthcare Sector Index, while LMBS is a Mortgage Backed Securities fund actively managed by First Trust. IXJ is passively managed, while LMBS is actively managed. Over the past 10 years, IXJ returned 7.66%/yr vs 2.67%/yr for LMBS. At a 0.05 correlation, their price movements are largely independent. IXJ charges 0.46%/yr vs 0.68%/yr for LMBS.
Performance
IXJ vs. LMBS - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IXJ achieves a -5.26% return, which is significantly lower than LMBS's 1.24% return. Over the past 10 years, IXJ has outperformed LMBS with an annualized return of 7.66%, while LMBS has yielded a comparatively lower 2.67% annualized return.
IXJ
- 1D
- 0.39%
- 1M
- 0.34%
- YTD
- -5.26%
- 6M
- -4.88%
- 1Y
- 9.30%
- 3Y*
- 4.42%
- 5Y*
- 4.02%
- 10Y*
- 7.66%
LMBS
- 1D
- -0.10%
- 1M
- 0.11%
- YTD
- 1.24%
- 6M
- 1.47%
- 1Y
- 6.09%
- 3Y*
- 5.73%
- 5Y*
- 3.03%
- 10Y*
- 2.67%
IXJ vs. LMBS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IXJ iShares Global Healthcare ETF | -5.26% | 14.99% | 0.55% | 3.62% | -4.94% | 19.60% | 12.74% | 23.23% | 2.83% | 20.44% |
LMBS First Trust Low Duration Mortgage Opportunities ETF | 1.24% | 7.05% | 5.15% | 6.10% | -3.07% | -0.91% | 1.64% | 4.10% | 1.62% | 1.68% |
Correlation
The correlation between IXJ and LMBS is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.34 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.29 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.21 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.09 |
Correlation (All Time) Calculated using the full available price history since Nov 6, 2014 | 0.05 |
Over the past year, IXJ and LMBS have become more correlated (0.34) than their long-term average of 0.05, meaning their price movements have been converging.
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
IXJ vs. LMBS — Risk / Return Rank
IXJ
LMBS
IXJ vs. LMBS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Healthcare ETF (IXJ) and First Trust Low Duration Mortgage Opportunities ETF (LMBS). 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.
| IXJ | LMBS | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 0.64 | 3.10 | -2.46 |
Sortino ratioReturn per unit of downside risk | 1.06 | 4.79 | -3.74 |
Omega ratioGain probability vs. loss probability | 1.12 | 1.62 | -0.50 |
Calmar ratioReturn relative to maximum drawdown | 0.87 | 4.28 | -3.41 |
Martin ratioReturn relative to average drawdown | 2.11 | 18.25 | -16.13 |
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
| IXJ | LMBS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 0.64 | 3.10 | -2.46 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.28 | 1.19 | -0.90 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.49 | 1.14 | -0.65 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.42 | 1.13 | -0.71 |
Drawdowns
IXJ vs. LMBS - Drawdown Comparison
The maximum IXJ drawdown since its inception was -40.60%, which is greater than LMBS's maximum drawdown of -6.49%. Use the drawdown chart below to compare losses from any high point for IXJ and LMBS.
Loading charts...
Drawdown Indicators
| IXJ | LMBS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.60% | -6.49% | -34.11% |
Max Drawdown (1Y)Largest decline over 1 year | -10.78% | -1.43% | -9.35% |
Max Drawdown (3Y)Largest decline over 3 years | -18.14% | -1.72% | -16.42% |
Max Drawdown (5Y)Largest decline over 5 years | -18.14% | -6.12% | -12.02% |
Max Drawdown (10Y)Largest decline over 10 years | -27.35% | -6.49% | -20.86% |
Current DrawdownCurrent decline from peak | -9.27% | -0.34% | -8.93% |
Average DrawdownAverage peak-to-trough decline | -6.92% | -0.80% | -6.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 4.41% | 0.33% | +4.08% |
Volatility
IXJ vs. LMBS - Volatility Comparison
iShares Global Healthcare ETF (IXJ) has a higher volatility of 3.75% compared to First Trust Low Duration Mortgage Opportunities ETF (LMBS) at 0.68%. This indicates that IXJ's price experiences larger fluctuations and is considered to be riskier than LMBS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IXJ | LMBS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 3.75% | 0.68% | +3.07% |
Volatility (6M)Calculated over the trailing 6-month period | 10.05% | 1.45% | +8.60% |
Volatility (1Y)Calculated over the trailing 1-year period | 14.55% | 1.97% | +12.58% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 14.21% | 2.56% | +11.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 15.67% | 2.36% | +13.31% |
IXJ vs. LMBS - Expense Ratio Comparison
IXJ has a 0.46% expense ratio, which is lower than LMBS's 0.68% expense ratio.
Dividends
IXJ vs. LMBS - Dividend Comparison
IXJ's dividend yield for the trailing twelve months is around 1.47%, less than LMBS's 4.10% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IXJ iShares Global Healthcare ETF | 1.47% | 1.40% | 1.50% | 1.38% | 1.17% | 1.12% | 1.27% | 1.42% | 2.11% | 1.46% | 1.73% | 2.85% |
LMBS First Trust Low Duration Mortgage Opportunities ETF | 4.10% | 4.08% | 4.28% | 3.96% | 2.22% | 2.04% | 2.27% | 2.55% | 2.76% | 2.73% | 2.84% | 3.03% |
Frequently Asked Questions
IXJ and LMBS have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
IXJ has higher volatility (3.75%) compared to LMBS (0.68%). In terms of maximum drawdown, IXJ dropped -40.60% vs LMBS's -6.49%.
On 10-year performance, IXJ leads with 7.66% vs 2.67% for LMBS. On fees, IXJ is cheaper at 0.46% per year. On volatility, LMBS has been the lower-risk option at 0.68%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, IXJ has performed better with a 7.66% return vs 2.67%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IXJ is cheaper with a 0.46% expense ratio, compared with 0.68% for LMBS.
LMBS has the higher dividend yield at 4.10%, compared with 1.47% for IXJ.
IXJ is categorized as Health & Biotech Equities, while LMBS is Mortgage Backed Securities. They also come from different issuers: iShares and First Trust. Their fees differ too: 0.46% for IXJ and 0.68% for LMBS.
LMBS currently has the higher Sharpe Ratio (3.10 vs 0.64), 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 IXJ and LMBS
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