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LDCE.DE vs. IB26.DE
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

LDCE.DE vs. IB26.DE - Performance Comparison

The chart below illustrates the hypothetical performance of a €10,000 investment in PIMCO Euro Low Duration Corporate Bond UCITS ETF Dist (LDCE.DE) and iShares iBonds Dec 2026 Term EUR Corporate UCITS ETF EUR (Dist) (IB26.DE). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, LDCE.DE achieves a 0.33% return, which is significantly lower than IB26.DE's 0.88% return.


LDCE.DE

1D
0.27%
1M
0.57%
YTD
0.33%
6M
0.13%
1Y
2.14%
3Y*
4.78%
5Y*
1.27%
10Y*
1.27%

IB26.DE

1D
0.02%
1M
0.29%
YTD
0.88%
6M
1.06%
1Y
2.17%
3Y*
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

LDCE.DE vs. IB26.DE - Yearly Performance Comparison


Correlation

The correlation between LDCE.DE and IB26.DE is 0.04, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.


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

0.04

Correlation (All Time)
Calculated using the full available price history since Aug 11, 2023

0.43

Over the past year, the correlation between LDCE.DE and IB26.DE has dropped to 0.04 - well below their long-term average of 0.43, suggesting their price drivers have been diverging.

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Return for Risk

LDCE.DE vs. IB26.DE — Risk / Return Rank

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

LDCE.DE
LDCE.DE Risk / Return Rank: 2020
Overall Rank
LDCE.DE Sharpe Ratio Rank: 2020
Sharpe Ratio Rank
LDCE.DE Sortino Ratio Rank: 1919
Sortino Ratio Rank
LDCE.DE Omega Ratio Rank: 2020
Omega Ratio Rank
LDCE.DE Calmar Ratio Rank: 1919
Calmar Ratio Rank
LDCE.DE Martin Ratio Rank: 2222
Martin Ratio Rank

IB26.DE
IB26.DE Risk / Return Rank: 9595
Overall Rank
IB26.DE Sharpe Ratio Rank: 9090
Sharpe Ratio Rank
IB26.DE Sortino Ratio Rank: 9595
Sortino Ratio Rank
IB26.DE Omega Ratio Rank: 9494
Omega Ratio Rank
IB26.DE Calmar Ratio Rank: 9797
Calmar Ratio Rank
IB26.DE Martin Ratio Rank: 9898
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.

LDCE.DE vs. IB26.DE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for PIMCO Euro Low Duration Corporate Bond UCITS ETF Dist (LDCE.DE) and iShares iBonds Dec 2026 Term EUR Corporate UCITS ETF EUR (Dist) (IB26.DE). 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.


LDCE.DEIB26.DEDifference
Sharpe ratioReturn per unit of total volatility

-2.34

Sortino ratioReturn per unit of downside risk

-4.06

Omega ratioGain probability vs. loss probability

1.13

1.66

-0.53

Calmar ratioReturn relative to maximum drawdown

0.81

11.70

-10.89

Martin ratioReturn relative to average drawdown

2.69

54.81

-52.13

LDCE.DE vs. IB26.DE - Sharpe Ratio Comparison

The current LDCE.DE Sharpe Ratio is 0.67, which is lower than the IB26.DE Sharpe Ratio of 3.01. The chart below compares the historical Sharpe Ratios of LDCE.DE and IB26.DE, 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


LDCE.DEIB26.DEDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.67

3.01

-2.34

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.44

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.51

Sharpe Ratio (All Time)

Calculated using the full available price history

0.60

2.62

-2.02

Drawdowns

LDCE.DE vs. IB26.DE - Drawdown Comparison

The maximum LDCE.DE drawdown since its inception was -11.07%, which is greater than IB26.DE's maximum drawdown of -0.83%. Use the drawdown chart below to compare losses from any high point for LDCE.DE and IB26.DE.


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Drawdown Indicators


LDCE.DEIB26.DEDifference

Max Drawdown

Largest peak-to-trough decline

-11.07%

-0.83%

-10.24%

Max Drawdown (1Y)

Largest decline over 1 year

-2.63%

-0.18%

-2.45%

Max Drawdown (3Y)

Largest decline over 3 years

-2.63%

Max Drawdown (5Y)

Largest decline over 5 years

-11.07%

Max Drawdown (10Y)

Largest decline over 10 years

-11.07%

Current Drawdown

Current decline from peak

-0.77%

0.00%

-0.77%

Average Drawdown

Average peak-to-trough decline

-1.75%

-0.11%

-1.64%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.79%

0.04%

+0.75%

Volatility

LDCE.DE vs. IB26.DE - Volatility Comparison

PIMCO Euro Low Duration Corporate Bond UCITS ETF Dist (LDCE.DE) has a higher volatility of 1.19% compared to iShares iBonds Dec 2026 Term EUR Corporate UCITS ETF EUR (Dist) (IB26.DE) at 0.25%. This indicates that LDCE.DE's price experiences larger fluctuations and is considered to be riskier than IB26.DE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


LDCE.DEIB26.DEDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.19%

0.25%

+0.94%

Volatility (6M)

Calculated over the trailing 6-month period

2.71%

0.51%

+2.20%

Volatility (1Y)

Calculated over the trailing 1-year period

3.18%

0.72%

+2.46%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

2.88%

1.43%

+1.45%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

2.45%

1.43%

+1.02%

LDCE.DE vs. IB26.DE - Expense Ratio Comparison

LDCE.DE has a 0.49% expense ratio, which is higher than IB26.DE's 0.12% expense ratio.


Dividends

LDCE.DE vs. IB26.DE - Dividend Comparison

LDCE.DE's dividend yield for the trailing twelve months is around 3.37%, more than IB26.DE's 3.14% yield.


PositionTTM20252024202320222021202020192018201720162015
IB26.DE
iShares iBonds Dec 2026 Term EUR Corporate UCITS ETF EUR (Dist)
3.14%3.24%3.59%1.20%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
LDCE.DE
PIMCO Euro Low Duration Corporate Bond UCITS ETF Dist
3.37%3.22%2.73%1.72%0.94%0.51%0.51%0.63%0.65%0.71%0.95%0.93%

Frequently Asked Questions


LDCE.DE and IB26.DE have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

On fees, IB26.DE is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.

IB26.DE is cheaper with a 0.12% expense ratio, compared with 0.49% for LDCE.DE.

LDCE.DE tracks PIMCO Low Duration Euro Corporate Bond, while IB26.DE tracks Bloomberg MSCI December 2026 Maturity EUR Corporate ESG Screened Index. They also come from different issuers: PIMCO and iShares. Their fees differ too: 0.49% for LDCE.DE and 0.12% for IB26.DE.

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