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LCRP.L vs. IGSD.L
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

LCRP.L vs. IGSD.L - Performance Comparison

The chart below illustrates the hypothetical performance of a £10,000 investment in SPDR Bloomberg 10+ Year US Corporate Bond UCITS ETF (LCRP.L) and iShares USD Short Duration Corporate Bond UCITS ETF (Dist) (IGSD.L). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

Over the past 10 years, LCRP.L has underperformed IGSD.L with an annualized return of 1.61%, while IGSD.L has yielded a comparatively higher 3.88% annualized return.


LCRP.L

1D
0.00%
1M
0.00%
YTD
0.00%
6M
-1.82%
1Y
6.35%
3Y*
1.41%
5Y*
-0.92%
10Y*
1.61%

IGSD.L

1D
0.21%
1M
1.09%
YTD
1.02%
6M
0.77%
1Y
5.80%
3Y*
3.32%
5Y*
4.01%
10Y*
3.88%
*Multi-year figures are annualized to reflect compound growth (CAGR)

LCRP.L vs. IGSD.L - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
LCRP.L
SPDR Bloomberg 10+ Year US Corporate Bond UCITS ETF
0.00%-1.12%0.56%4.59%-16.57%-0.11%10.05%16.19%-5.81%-2.15%
IGSD.L
iShares USD Short Duration Corporate Bond UCITS ETF (Dist)
1.02%-0.44%7.51%0.40%7.27%0.80%1.22%3.52%7.44%-6.51%

Correlation

The correlation between LCRP.L and IGSD.L is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.32

Correlation (3Y)
Calculated over the trailing 3-year period

0.41

Correlation (5Y)
Calculated over the trailing 5-year period

0.46

Correlation (10Y)
Calculated over the trailing 10-year period

0.62

Correlation (All Time)
Calculated using the full available price history since Dec 7, 2015

0.63

Over the past year, the correlation between LCRP.L and IGSD.L has dropped to 0.32 - well below their long-term average of 0.63, suggesting their price drivers have been diverging.

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Return for Risk

LCRP.L vs. IGSD.L — Risk / Return Rank

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

LCRP.L
LCRP.L Risk / Return Rank: 3131
Overall Rank
LCRP.L Sharpe Ratio Rank: 3232
Sharpe Ratio Rank
LCRP.L Sortino Ratio Rank: 3232
Sortino Ratio Rank
LCRP.L Omega Ratio Rank: 4141
Omega Ratio Rank
LCRP.L Calmar Ratio Rank: 3030
Calmar Ratio Rank
LCRP.L Martin Ratio Rank: 1919
Martin Ratio Rank

IGSD.L
IGSD.L Risk / Return Rank: 2727
Overall Rank
IGSD.L Sharpe Ratio Rank: 2727
Sharpe Ratio Rank
IGSD.L Sortino Ratio Rank: 2727
Sortino Ratio Rank
IGSD.L Omega Ratio Rank: 2525
Omega Ratio Rank
IGSD.L Calmar Ratio Rank: 2828
Calmar Ratio Rank
IGSD.L Martin Ratio Rank: 2727
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

LCRP.L vs. IGSD.L - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for SPDR Bloomberg 10+ Year US Corporate Bond UCITS ETF (LCRP.L) and iShares USD Short Duration Corporate Bond UCITS ETF (Dist) (IGSD.L). 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.


LCRP.LIGSD.LDifference
Sharpe ratioReturn per unit of total volatility

+0.19

Sortino ratioReturn per unit of downside risk

+0.25

Omega ratioGain probability vs. loss probability

1.26

1.17

+0.09

Calmar ratioReturn relative to maximum drawdown

1.44

1.35

+0.09

Martin ratioReturn relative to average drawdown

2.05

3.70

-1.65

LCRP.L vs. IGSD.L - Sharpe Ratio Comparison

The current LCRP.L Sharpe Ratio is 1.14, which is comparable to the IGSD.L Sharpe Ratio of 0.95. The chart below compares the historical Sharpe Ratios of LCRP.L and IGSD.L, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Sharpe Ratios by Period


LCRP.LIGSD.LDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.14

0.95

+0.19

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.08

0.51

-0.59

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.12

0.42

-0.30

Sharpe Ratio (All Time)

Calculated using the full available price history

0.21

0.50

-0.29

Drawdowns

LCRP.L vs. IGSD.L - Drawdown Comparison

The maximum LCRP.L drawdown since its inception was -28.37%, which is greater than IGSD.L's maximum drawdown of -14.83%. Use the drawdown chart below to compare losses from any high point for LCRP.L and IGSD.L.


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Drawdown Indicators


LCRP.LIGSD.LDifference

Max Drawdown

Largest peak-to-trough decline

-28.37%

-14.83%

-13.54%

Max Drawdown (1Y)

Largest decline over 1 year

-4.77%

-4.15%

-0.62%

Max Drawdown (3Y)

Largest decline over 3 years

-11.82%

-8.18%

-3.64%

Max Drawdown (5Y)

Largest decline over 5 years

-26.17%

-14.83%

-11.34%

Max Drawdown (10Y)

Largest decline over 10 years

-28.37%

-14.83%

-13.54%

Current Drawdown

Current decline from peak

-18.73%

-2.28%

-16.45%

Average Drawdown

Average peak-to-trough decline

-12.80%

-5.17%

-7.63%

Ulcer Index

Depth and duration of drawdowns from previous peaks

3.37%

1.52%

+1.85%

Volatility

LCRP.L vs. IGSD.L - Volatility Comparison

The current volatility for SPDR Bloomberg 10+ Year US Corporate Bond UCITS ETF (LCRP.L) is 0.00%, while iShares USD Short Duration Corporate Bond UCITS ETF (Dist) (IGSD.L) has a volatility of 1.60%. This indicates that LCRP.L experiences smaller price fluctuations and is considered to be less risky than IGSD.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


LCRP.LIGSD.LDifference

Volatility (1M)

Calculated over the trailing 1-month period

0.00%

1.60%

-1.60%

Volatility (6M)

Calculated over the trailing 6-month period

2.04%

4.32%

-2.28%

Volatility (1Y)

Calculated over the trailing 1-year period

6.08%

5.91%

+0.17%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

12.04%

7.82%

+4.22%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

12.86%

9.13%

+3.73%

LCRP.L vs. IGSD.L - Expense Ratio Comparison

LCRP.L has a 0.12% expense ratio, which is lower than IGSD.L's 0.20% 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

LCRP.L vs. IGSD.L - Dividend Comparison

LCRP.L's dividend yield for the trailing twelve months is around 2.75%, less than IGSD.L's 5.06% yield.


PositionTTM20252024202320222021202020192018201720162015
IGSD.L
iShares USD Short Duration Corporate Bond UCITS ETF (Dist)
5.06%5.08%4.67%3.69%2.12%1.71%2.51%3.32%2.94%2.50%2.16%2.11%
LCRP.L
SPDR Bloomberg 10+ Year US Corporate Bond UCITS ETF
2.75%5.64%5.14%4.64%4.37%3.29%3.49%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions


LCRP.L and IGSD.L have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, LCRP.L is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.

LCRP.L is cheaper with a 0.12% expense ratio, compared with 0.20% for IGSD.L.

LCRP.L tracks Bloomberg US Corp Bond TR USD, while IGSD.L tracks Bloomberg US Corp 1-3 Yr TR USD. They also come from different issuers: State Street and BlackRock. Their fees differ too: 0.12% for LCRP.L and 0.20% for IGSD.L.

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