LDRC vs. TSEC

Last updated Jul 12, 2026

LDRC (iShares iBonds 1-5 Year Corporate Ladder ETF) and TSEC (Touchstone Securitized Income ETF) are both Short-Term Bond funds. LDRC is passively managed, while TSEC is actively managed. Over the past year, LDRC returned 4.16% vs 5.77% for TSEC. At a 0.33 correlation, their price movements are largely independent. LDRC charges 0.10%/yr vs 0.40%/yr for TSEC.

Performance

LDRC vs. TSEC - 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 Touchstone Securitized Income ETF (TSEC). 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 TSEC's 1.70% return.

LDRC

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

TSEC

• 1D: 0.02%
• 1M: 0.32%
• 6M: 1.54%
• YTD: 1.70%
• 1Y: 5.77%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

LDRC vs. TSEC - Yearly Performance Comparison

	2026 (YTD)	2025	2024
LDRC iShares iBonds 1-5 Year Corporate Ladder ETF	0.91%	6.33%	0.31%
TSEC Touchstone Securitized Income ETF	1.70%	7.47%	0.92%

Correlation

The correlation between LDRC and TSEC 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	0.33

Return for Risk

LDRC vs. TSEC — 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

TSEC

TSEC Risk / Return Rank: 84
TSEC Sharpe Ratio Rank: 84
TSEC Sortino Ratio Rank: 84
TSEC Omega Ratio Rank: 92
TSEC Calmar Ratio Rank: 81
TSEC Martin Ratio Rank: 76

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. TSEC - 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 Touchstone Securitized Income ETF (TSEC). 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	TSEC	Difference
Sharpe ratio: Return per unit of total volatility	1.82	2.13	-0.31
Sortino ratio: Return per unit of downside risk	2.71	2.99	-0.28
Omega ratio: Gain probability vs. loss probability	1.38	1.50	-0.11
Calmar ratio: Return relative to maximum drawdown	4.10	3.44	+0.67
Martin ratio: Return relative to average drawdown	11.52	11.25	+0.26

LDRC vs. TSEC - Sharpe Ratio Comparison

The current LDRC Sharpe Ratio is 1.82, which is comparable to the TSEC Sharpe Ratio of 2.13. The chart below compares the historical Sharpe Ratios of LDRC and TSEC, 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. TSEC - Drawdown Comparison

The maximum LDRC drawdown since its inception was -1.00%, smaller than the maximum TSEC drawdown of -1.78%. Use the drawdown chart below to compare losses from any high point for LDRC and TSEC.

Drawdown Indicators

	LDRC	TSEC	Difference
Max Drawdown Largest peak-to-trough decline	-1.00%	-1.78%	+0.78%
Max Drawdown (1Y) Largest decline over 1 year	-1.00%	-1.67%	+0.67%
Current Drawdown Current decline from peak	-0.34%	-0.35%	+0.01%
Average Drawdown Average peak-to-trough decline	-0.25%	-0.33%	+0.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.35%	0.51%	-0.16%

Volatility

LDRC vs. TSEC - Volatility Comparison

The current volatility for iShares iBonds 1-5 Year Corporate Ladder ETF (LDRC) is 0.48%, while Touchstone Securitized Income ETF (TSEC) has a volatility of 0.91%. This indicates that LDRC experiences smaller price fluctuations and is considered to be less risky than TSEC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	LDRC	TSEC	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.48%	0.91%	-0.43%
Volatility (6M) Calculated over the trailing 6-month period	1.21%	1.74%	-0.53%
Volatility (1Y) Calculated over the trailing 1-year period	2.25%	2.71%	-0.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	2.46%	2.89%	-0.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	2.46%	2.89%	-0.43%

LDRC vs. TSEC - Expense Ratio Comparison

LDRC has a 0.10% expense ratio, which is lower than TSEC's 0.40% expense ratio.

Dividends

LDRC vs. TSEC - Dividend Comparison

LDRC's dividend yield for the trailing twelve months is around 4.21%, less than TSEC's 7.40% yield.

Position	TTM	2025	2024	2023
LDRC iShares iBonds 1-5 Year Corporate Ladder ETF	4.21%	4.22%	0.75%	0.00%
TSEC Touchstone Securitized Income ETF	7.40%	6.47%	5.83%	2.86%

Frequently Asked Questions

Can I hold both LDRC and TSEC in my portfolio?

LDRC and TSEC 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 TSEC?

TSEC has higher volatility (0.91%) compared to LDRC (0.48%). In terms of maximum drawdown, LDRC dropped -1.00% vs TSEC's -1.78%.

Which ETF is better, LDRC or TSEC?

On 1-year performance, TSEC leads with 5.77% vs 4.16% for LDRC. On fees, LDRC is cheaper at 0.10% per year. On volatility, LDRC has been the lower-risk option at 0.48%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, LDRC or TSEC?

Over the 1-year period, TSEC has performed better with a 5.77% 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 TSEC?

LDRC is cheaper with a 0.10% expense ratio, compared with 0.40% for TSEC.

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

TSEC has the higher dividend yield at 7.40%, compared with 4.21% for LDRC.

What is the main difference between LDRC and TSEC?

They also come from different issuers: iShares and Touchstone. Their fees differ too: 0.10% for LDRC and 0.40% for TSEC.

Which has better risk-adjusted returns?

TSEC currently has the higher Sharpe Ratio (2.13 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.