LDCU.L vs. 0FLE.L
LDCU.L (PIMCO US Low Duration Corporate Bond UCITS ETF Dist) and 0FLE.L (iShares $ Floating Rate Bond UCITS ETF EUR Hedged (Dist)) are both exchange-traded funds - LDCU.L is a Corporate Bonds fund tracking the Bloomberg US Corp 1-3 Yr TR USD, while 0FLE.L is a Ultrashort Bond fund tracking the Bloomberg US Floating Rate Note<5 Years Index. Both are passively managed. Over the past 5 years, LDCU.L returned 2.33%/yr vs 1.91%/yr for 0FLE.L. At a 0.13 correlation, their price movements are largely independent. LDCU.L charges 0.49%/yr vs 0.12%/yr for 0FLE.L.
Performance
LDCU.L vs. 0FLE.L - Performance Comparison
Loading charts...
Different Trading Currencies
LDCU.L is traded in USD, while 0FLE.L is traded in EUR. To make them comparable, the 0FLE.L values have been converted to USD using the latest available exchange rates.
Returns By Period
In the year-to-date period, LDCU.L achieves a 0.64% return, which is significantly higher than 0FLE.L's -0.70% return.
LDCU.L
- 1D
- -0.04%
- 1M
- 0.01%
- 6M
- 0.47%
- YTD
- 0.64%
- 1Y
- 3.59%
- 3Y*
- 5.31%
- 5Y*
- 2.33%
- 10Y*
- 2.83%
0FLE.L
- 1D
- 0.00%
- 1M
- -0.54%
- 6M
- -0.08%
- YTD
- -0.70%
- 1Y
- 1.70%
- 3Y*
- 4.50%
- 5Y*
- 1.91%
- 10Y*
- —
LDCU.L vs. 0FLE.L - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
LDCU.L PIMCO US Low Duration Corporate Bond UCITS ETF Dist | 0.64% | 6.55% | 5.24% | 6.22% | -5.40% | -0.40% | 4.56% | 7.02% | 1.00% | 0.16% |
0FLE.L iShares $ Floating Rate Bond UCITS ETF EUR Hedged (Dist) | -0.70% | 16.48% | -1.60% | 7.49% | -6.47% | -7.28% | 6.92% | 0.79% | -6.24% | 1.93% |
Correlation
The correlation between LDCU.L and 0FLE.L is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.17 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since Aug 10, 2017 | 0.13 |
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
LDCU.L vs. 0FLE.L — Risk / Return Rank
LDCU.L
0FLE.L
LDCU.L vs. 0FLE.L - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for PIMCO US Low Duration Corporate Bond UCITS ETF Dist (LDCU.L) and iShares $ Floating Rate Bond UCITS ETF EUR Hedged (Dist) (0FLE.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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| LDCU.L | 0FLE.L | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.98 | ||
| Sortino ratioReturn per unit of downside risk | +1.47 | ||
| Omega ratioGain probability vs. loss probability | 1.21 | 1.04 | +0.17 |
| Calmar ratioReturn relative to maximum drawdown | 1.57 | 0.27 | +1.30 |
| Martin ratioReturn relative to average drawdown | 5.54 | 0.60 | +4.94 |
Loading charts...
Drawdowns
LDCU.L vs. 0FLE.L - Drawdown Comparison
The maximum LDCU.L drawdown since its inception was -9.42%, smaller than the maximum 0FLE.L drawdown of -24.67%. Use the drawdown chart below to compare losses from any high point for LDCU.L and 0FLE.L.
Loading charts...
Drawdown Indicators
| LDCU.L | 0FLE.L | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.42% | -24.67% | +15.25% |
Max Drawdown (1Y)Largest decline over 1 year | -2.10% | -5.06% | +2.96% |
Max Drawdown (3Y)Largest decline over 3 years | -2.10% | -7.39% | +5.29% |
Max Drawdown (5Y)Largest decline over 5 years | -9.42% | -20.07% | +10.65% |
Max Drawdown (10Y)Largest decline over 10 years | -9.42% | — | — |
Current DrawdownCurrent decline from peak | -0.46% | -3.36% | +2.90% |
Average DrawdownAverage peak-to-trough decline | -1.26% | -8.64% | +7.38% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.59% | 2.26% | -1.67% |
Volatility
LDCU.L vs. 0FLE.L - Volatility Comparison
The current volatility for PIMCO US Low Duration Corporate Bond UCITS ETF Dist (LDCU.L) is 0.52%, while iShares $ Floating Rate Bond UCITS ETF EUR Hedged (Dist) (0FLE.L) has a volatility of 2.27%. This indicates that LDCU.L experiences smaller price fluctuations and is considered to be less risky than 0FLE.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| LDCU.L | 0FLE.L | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.52% | 2.27% | -1.75% |
Volatility (6M)Calculated over the trailing 6-month period | 1.63% | 5.10% | -3.47% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.80% | 6.77% | -3.97% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.11% | 8.55% | -5.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 2.69% | 7.89% | -5.20% |
LDCU.L vs. 0FLE.L - Expense Ratio Comparison
LDCU.L has a 0.49% expense ratio, which is higher than 0FLE.L's 0.12% expense ratio.
Dividends
LDCU.L vs. 0FLE.L - Dividend Comparison
LDCU.L's dividend yield for the trailing twelve months is around 4.56%, less than 0FLE.L's 4.69% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
0FLE.L iShares $ Floating Rate Bond UCITS ETF EUR Hedged (Dist) | 4.69% | 5.04% | 6.01% | 5.52% | 1.49% | 0.58% | 1.60% | 2.96% | 2.07% | 0.36% | 0.00% | 0.00% |
LDCU.L PIMCO US Low Duration Corporate Bond UCITS ETF Dist | 4.56% | 4.42% | 4.40% | 3.45% | 1.93% | 1.77% | 2.17% | 2.96% | 2.75% | 2.26% | 2.37% | 2.13% |
Frequently Asked Questions
LDCU.L and 0FLE.L have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, 0FLE.L is cheaper at 0.12% per year. The better choice depends on whether you care most about return, fees, risk, or income.
0FLE.L is cheaper with a 0.12% expense ratio, compared with 0.49% for LDCU.L.
LDCU.L is categorized as Corporate Bonds, while 0FLE.L is Ultrashort Bond. LDCU.L tracks Bloomberg US Corp 1-3 Yr TR USD, while 0FLE.L tracks Bloomberg US Floating Rate Note<5 Years Index. They also come from different issuers: PIMCO and iShares. Their fees differ too: 0.49% for LDCU.L and 0.12% for 0FLE.L.
Find the right allocation for LDCU.L and 0FLE.L
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