LMBS vs. IXJ
Compare and contrast key facts about First Trust Low Duration Mortgage Opportunities ETF (LMBS) and iShares Global Healthcare ETF (IXJ).
LMBS and IXJ are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. LMBS is an actively managed fund by First Trust. It was launched on Nov 4, 2014. IXJ is a passively managed fund by iShares that tracks the performance of the S&P Global Healthcare Sector Index. It was launched on Nov 13, 2001.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LMBS or IXJ.
Correlation
The correlation between LMBS and IXJ is 0.01, 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.
Performance
LMBS vs. IXJ - Performance Comparison
Key characteristics
LMBS:
1.96
IXJ:
0.05
LMBS:
2.87
IXJ:
0.14
LMBS:
1.37
IXJ:
1.02
LMBS:
3.39
IXJ:
0.04
LMBS:
8.86
IXJ:
0.11
LMBS:
0.58%
IXJ:
5.01%
LMBS:
2.63%
IXJ:
10.64%
LMBS:
-6.48%
IXJ:
-40.60%
LMBS:
-0.58%
IXJ:
-14.49%
Returns By Period
Over the past 10 years, LMBS has underperformed IXJ with an annualized return of 2.58%, while IXJ has yielded a comparatively higher 7.32% annualized return.
LMBS
0.00%
-0.27%
3.47%
5.15%
1.72%
2.58%
IXJ
0.00%
-6.35%
-6.05%
0.55%
5.91%
7.32%
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LMBS vs. IXJ - Expense Ratio Comparison
LMBS has a 0.68% expense ratio, which is higher than IXJ's 0.46% expense ratio.
Risk-Adjusted Performance
LMBS vs. IXJ - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for First Trust Low Duration Mortgage Opportunities ETF (LMBS) and iShares Global Healthcare ETF (IXJ). 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.
Dividends
LMBS vs. IXJ - Dividend Comparison
LMBS's dividend yield for the trailing twelve months is around 4.28%, more than IXJ's 1.50% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
LMBS First Trust Low Duration Mortgage Opportunities ETF | 4.28% | 3.96% | 2.23% | 2.04% | 2.27% | 2.56% | 2.77% | 2.74% | 2.85% | 3.04% | 0.37% |
IXJ iShares Global Healthcare ETF | 1.50% | 1.38% | 1.17% | 1.12% | 1.27% | 1.42% | 2.11% | 1.47% | 1.73% | 2.85% | 1.38% |
Drawdowns
LMBS vs. IXJ - Drawdown Comparison
The maximum LMBS drawdown since its inception was -6.48%, smaller than the maximum IXJ drawdown of -40.60%. Use the drawdown chart below to compare losses from any high point for LMBS and IXJ. For additional features, visit the drawdowns tool.
Volatility
LMBS vs. IXJ - Volatility Comparison
The current volatility for First Trust Low Duration Mortgage Opportunities ETF (LMBS) is 0.53%, while iShares Global Healthcare ETF (IXJ) has a volatility of 2.88%. This indicates that LMBS experiences smaller price fluctuations and is considered to be less risky than IXJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.