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LDUR vs. USHY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

LDUR vs. USHY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in PIMCO Enhanced Low Duration Active ETF (LDUR) and iShares Broad USD High Yield Corporate Bond ETF (USHY). The values are adjusted to include any dividend payments, if applicable.

0.00%2.00%4.00%6.00%JuneJulyAugustSeptemberOctoberNovember
3.16%
5.65%
LDUR
USHY

Returns By Period

In the year-to-date period, LDUR achieves a 4.52% return, which is significantly lower than USHY's 8.20% return.


LDUR

YTD

4.52%

1M

0.07%

6M

3.17%

1Y

6.98%

5Y (annualized)

1.96%

10Y (annualized)

2.26%

USHY

YTD

8.20%

1M

-0.10%

6M

5.68%

1Y

13.20%

5Y (annualized)

4.30%

10Y (annualized)

N/A

Key characteristics


LDURUSHY
Sharpe Ratio3.473.09
Sortino Ratio5.724.85
Omega Ratio1.791.62
Calmar Ratio3.063.03
Martin Ratio29.8723.62
Ulcer Index0.24%0.57%
Daily Std Dev2.04%4.34%
Max Drawdown-8.68%-22.44%
Current Drawdown-0.23%-0.67%

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LDUR vs. USHY - Expense Ratio Comparison

LDUR has a 0.56% expense ratio, which is higher than USHY's 0.15% expense ratio.


LDUR
PIMCO Enhanced Low Duration Active ETF
Expense ratio chart for LDUR: current value at 0.56% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.56%
Expense ratio chart for USHY: current value at 0.15% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.15%

Correlation

-0.50.00.51.00.2

The correlation between LDUR and USHY is 0.18, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Risk-Adjusted Performance

LDUR vs. USHY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for PIMCO Enhanced Low Duration Active ETF (LDUR) and iShares Broad USD High Yield Corporate Bond ETF (USHY). 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.


Sharpe ratio
The chart of Sharpe ratio for LDUR, currently valued at 3.47, compared to the broader market0.002.004.003.473.04
The chart of Sortino ratio for LDUR, currently valued at 5.72, compared to the broader market-2.000.002.004.006.008.0010.005.724.78
The chart of Omega ratio for LDUR, currently valued at 1.79, compared to the broader market0.501.001.502.002.503.001.791.61
The chart of Calmar ratio for LDUR, currently valued at 3.06, compared to the broader market0.005.0010.0015.003.063.12
The chart of Martin ratio for LDUR, currently valued at 29.87, compared to the broader market0.0020.0040.0060.0080.00100.0029.8723.21
LDUR
USHY

The current LDUR Sharpe Ratio is 3.47, which is comparable to the USHY Sharpe Ratio of 3.09. The chart below compares the historical Sharpe Ratios of LDUR and USHY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio2.002.503.003.504.00JuneJulyAugustSeptemberOctoberNovember
3.47
3.04
LDUR
USHY

Dividends

LDUR vs. USHY - Dividend Comparison

LDUR's dividend yield for the trailing twelve months is around 5.48%, less than USHY's 6.70% yield.


TTM2023202220212020201920182017201620152014
LDUR
PIMCO Enhanced Low Duration Active ETF
5.48%4.87%2.22%0.90%2.15%3.14%3.36%2.08%1.85%2.92%1.66%
USHY
iShares Broad USD High Yield Corporate Bond ETF
6.70%6.62%6.08%5.07%5.31%5.91%6.30%0.73%0.00%0.00%0.00%

Drawdowns

LDUR vs. USHY - Drawdown Comparison

The maximum LDUR drawdown since its inception was -8.68%, smaller than the maximum USHY drawdown of -22.44%. Use the drawdown chart below to compare losses from any high point for LDUR and USHY. For additional features, visit the drawdowns tool.


-1.20%-1.00%-0.80%-0.60%-0.40%-0.20%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.23%
-0.67%
LDUR
USHY

Volatility

LDUR vs. USHY - Volatility Comparison

The current volatility for PIMCO Enhanced Low Duration Active ETF (LDUR) is 0.53%, while iShares Broad USD High Yield Corporate Bond ETF (USHY) has a volatility of 1.04%. This indicates that LDUR experiences smaller price fluctuations and is considered to be less risky than USHY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.40%0.60%0.80%1.00%1.20%1.40%JuneJulyAugustSeptemberOctoberNovember
0.53%
1.04%
LDUR
USHY