LDRC vs. FLDR

Last updated Jul 12, 2026

LDRC (iShares iBonds 1-5 Year Corporate Ladder ETF) and FLDR (Fidelity Low Duration Bond Factor ETF) are both Short-Term Bond funds - LDRC tracks the BlackRock iBonds 1-5 Year Corporate Ladder Index while FLDR tracks the Fidelity Low Duration Investment Grade Factor Index. Both are passively managed. Over the past year, LDRC returned 4.16% vs 4.53% for FLDR. At a 0.48 correlation, their price movements are largely independent. LDRC charges 0.10%/yr vs 0.15%/yr for FLDR.

Performance

LDRC vs. FLDR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares iBonds 1-5 Year Corporate Ladder ETF (LDRC) and Fidelity Low Duration Bond Factor ETF (FLDR). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, LDRC achieves a 0.91% return, which is significantly lower than FLDR's 1.85% return.

LDRC

• 1D: -0.06%
• 1M: 0.09%
• 6M: 0.77%
• YTD: 0.91%
• 1Y: 4.16%
• 3Y*: —
• 5Y*: —
• 10Y*: —

FLDR

• 1D: 0.00%
• 1M: 0.33%
• 6M: 1.81%
• YTD: 1.85%
• 1Y: 4.53%
• 3Y*: 5.36%
• 5Y*: 3.72%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

LDRC vs. FLDR - Yearly Performance Comparison

	2026 (YTD)	2025	2024
LDRC iShares iBonds 1-5 Year Corporate Ladder ETF	0.91%	6.33%	0.31%
FLDR Fidelity Low Duration Bond Factor ETF	1.85%	5.41%	0.65%

Correlation

The correlation between LDRC and FLDR is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.40
Correlation (All Time) Calculated using the full available price history since Nov 8, 2024	0.48

Return for Risk

LDRC vs. FLDR — Risk / Return Rank

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

LDRC

LDRC Risk / Return Rank: 79
LDRC Sharpe Ratio Rank: 71
LDRC Sortino Ratio Rank: 76
LDRC Omega Ratio Rank: 82
LDRC Calmar Ratio Rank: 88
LDRC Martin Ratio Rank: 77

FLDR

FLDR Risk / Return Rank: 98
FLDR Sharpe Ratio Rank: 99
FLDR Sortino Ratio Rank: 99
FLDR Omega Ratio Rank: 99
FLDR Calmar Ratio Rank: 98
FLDR Martin Ratio Rank: 98

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.

LDRC vs. FLDR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares iBonds 1-5 Year Corporate Ladder ETF (LDRC) and Fidelity Low Duration Bond Factor ETF (FLDR). 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.

	LDRC	FLDR	Difference
Sharpe ratio: Return per unit of total volatility	1.82	5.69	-3.88
Sortino ratio: Return per unit of downside risk	2.71	9.47	-6.76
Omega ratio: Gain probability vs. loss probability	1.38	2.64	-1.26
Calmar ratio: Return relative to maximum drawdown	4.10	9.69	-5.59
Martin ratio: Return relative to average drawdown	11.52	66.05	-54.53

LDRC vs. FLDR - Sharpe Ratio Comparison

The current LDRC Sharpe Ratio is 1.82, which is lower than the FLDR Sharpe Ratio of 5.69. The chart below compares the historical Sharpe Ratios of LDRC and FLDR, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

LDRC vs. FLDR - Drawdown Comparison

The maximum LDRC drawdown since its inception was -1.00%, smaller than the maximum FLDR drawdown of -12.23%. Use the drawdown chart below to compare losses from any high point for LDRC and FLDR.

Drawdown Indicators

	LDRC	FLDR	Difference
Max Drawdown Largest peak-to-trough decline	-1.00%	-12.23%	+11.23%
Max Drawdown (1Y) Largest decline over 1 year	-1.00%	-0.47%	-0.53%
Max Drawdown (3Y) Largest decline over 3 years	—	-0.76%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-2.33%	—
Current Drawdown Current decline from peak	-0.34%	-0.01%	-0.33%
Average Drawdown Average peak-to-trough decline	-0.25%	-0.35%	+0.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.35%	0.07%	+0.28%

Volatility

LDRC vs. FLDR - Volatility Comparison

iShares iBonds 1-5 Year Corporate Ladder ETF (LDRC) has a higher volatility of 0.48% compared to Fidelity Low Duration Bond Factor ETF (FLDR) at 0.21%. This indicates that LDRC's price experiences larger fluctuations and is considered to be riskier than FLDR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LDRC	FLDR	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.48%	0.21%	+0.27%
Volatility (6M) Calculated over the trailing 6-month period	1.21%	0.61%	+0.60%
Volatility (1Y) Calculated over the trailing 1-year period	2.25%	0.80%	+1.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.46%	1.21%	+1.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.46%	5.23%	-2.77%

LDRC vs. FLDR - Expense Ratio Comparison

LDRC has a 0.10% expense ratio, which is lower than FLDR's 0.15% 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

LDRC vs. FLDR - Dividend Comparison

LDRC's dividend yield for the trailing twelve months is around 4.21%, less than FLDR's 4.33% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
FLDR Fidelity Low Duration Bond Factor ETF	4.33%	4.66%	5.50%	5.28%	2.09%	0.51%	1.22%	2.69%	1.38%
LDRC iShares iBonds 1-5 Year Corporate Ladder ETF	4.21%	4.22%	0.75%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both LDRC and FLDR in my portfolio?

LDRC and FLDR have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, LDRC or FLDR?

LDRC has higher volatility (0.48%) compared to FLDR (0.21%). In terms of maximum drawdown, LDRC dropped -1.00% vs FLDR's -12.23%.

Which ETF is better, LDRC or FLDR?

On 1-year performance, FLDR leads with 4.53% vs 4.16% for LDRC. On fees, LDRC is cheaper at 0.10% per year. On volatility, FLDR has been the lower-risk option at 0.21%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, LDRC or FLDR?

Over the 1-year period, FLDR has performed better with a 4.53% return vs 4.16%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, LDRC or FLDR?

LDRC is cheaper with a 0.10% expense ratio, compared with 0.15% for FLDR.

Which ETF pays a higher dividend yield, LDRC or FLDR?

FLDR has the higher dividend yield at 4.33%, compared with 4.21% for LDRC.

What is the main difference between LDRC and FLDR?

LDRC tracks BlackRock iBonds 1-5 Year Corporate Ladder Index, while FLDR tracks Fidelity Low Duration Investment Grade Factor Index. They also come from different issuers: iShares and Fidelity. Their fees differ too: 0.10% for LDRC and 0.15% for FLDR.

Which has better risk-adjusted returns?

FLDR currently has the higher Sharpe Ratio (5.69 vs 1.82), 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.