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LQD vs. VCIT
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between LQD and VCIT 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.


-0.50.00.51.0
Correlation: 0.0

Performance

LQD vs. VCIT - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) and Vanguard Intermediate-Term Corporate Bond ETF (VCIT). The values are adjusted to include any dividend payments, if applicable.

70.00%75.00%80.00%85.00%90.00%NovemberDecember2025FebruaryMarchApril
77.39%
86.92%
LQD
VCIT

Key characteristics

Sharpe Ratio

LQD:

0.88

VCIT:

1.47

Sortino Ratio

LQD:

1.27

VCIT:

2.13

Omega Ratio

LQD:

1.16

VCIT:

1.26

Calmar Ratio

LQD:

0.42

VCIT:

0.77

Martin Ratio

LQD:

2.49

VCIT:

4.90

Ulcer Index

LQD:

2.67%

VCIT:

1.68%

Daily Std Dev

LQD:

7.54%

VCIT:

5.58%

Max Drawdown

LQD:

-24.95%

VCIT:

-20.56%

Current Drawdown

LQD:

-9.67%

VCIT:

-3.06%

Returns By Period

In the year-to-date period, LQD achieves a 1.68% return, which is significantly lower than VCIT's 2.23% return. Over the past 10 years, LQD has underperformed VCIT with an annualized return of 2.17%, while VCIT has yielded a comparatively higher 2.61% annualized return.


LQD

YTD

1.68%

1M

-0.52%

6M

0.20%

1Y

6.86%

5Y*

-0.39%

10Y*

2.17%

VCIT

YTD

2.23%

1M

-0.01%

6M

1.42%

1Y

8.24%

5Y*

1.16%

10Y*

2.61%

*Annualized

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LQD vs. VCIT - Expense Ratio Comparison

LQD has a 0.15% expense ratio, which is higher than VCIT's 0.04% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


Expense ratio chart for LQD: current value is 0.15%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
LQD: 0.15%
Expense ratio chart for VCIT: current value is 0.04%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
VCIT: 0.04%

Risk-Adjusted Performance

LQD vs. VCIT — Risk-Adjusted Performance Rank

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

LQD
The Risk-Adjusted Performance Rank of LQD is 7070
Overall Rank
The Sharpe Ratio Rank of LQD is 7777
Sharpe Ratio Rank
The Sortino Ratio Rank of LQD is 7676
Sortino Ratio Rank
The Omega Ratio Rank of LQD is 7272
Omega Ratio Rank
The Calmar Ratio Rank of LQD is 5858
Calmar Ratio Rank
The Martin Ratio Rank of LQD is 6868
Martin Ratio Rank

VCIT
The Risk-Adjusted Performance Rank of VCIT is 8686
Overall Rank
The Sharpe Ratio Rank of VCIT is 9090
Sharpe Ratio Rank
The Sortino Ratio Rank of VCIT is 9090
Sortino Ratio Rank
The Omega Ratio Rank of VCIT is 8888
Omega Ratio Rank
The Calmar Ratio Rank of VCIT is 7878
Calmar Ratio Rank
The Martin Ratio Rank of VCIT is 8484
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

LQD vs. VCIT - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) and Vanguard Intermediate-Term Corporate Bond ETF (VCIT). 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.


The chart of Sharpe ratio for LQD, currently valued at 0.88, compared to the broader market-1.000.001.002.003.004.00
LQD: 0.88
VCIT: 1.47
The chart of Sortino ratio for LQD, currently valued at 1.27, compared to the broader market-2.000.002.004.006.008.00
LQD: 1.27
VCIT: 2.13
The chart of Omega ratio for LQD, currently valued at 1.16, compared to the broader market0.501.001.502.002.50
LQD: 1.16
VCIT: 1.26
The chart of Calmar ratio for LQD, currently valued at 0.42, compared to the broader market0.002.004.006.008.0010.0012.00
LQD: 0.42
VCIT: 0.77
The chart of Martin ratio for LQD, currently valued at 2.49, compared to the broader market0.0020.0040.0060.00
LQD: 2.49
VCIT: 4.90

The current LQD Sharpe Ratio is 0.88, which is lower than the VCIT Sharpe Ratio of 1.47. The chart below compares the historical Sharpe Ratios of LQD and VCIT, 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 Ratio0.000.501.001.502.002.50NovemberDecember2025FebruaryMarchApril
0.88
1.47
LQD
VCIT

Dividends

LQD vs. VCIT - Dividend Comparison

LQD's dividend yield for the trailing twelve months is around 4.45%, which matches VCIT's 4.47% yield.


TTM20242023202220212020201920182017201620152014
LQD
iShares iBoxx $ Investment Grade Corporate Bond ETF
4.45%4.45%3.99%3.30%2.30%2.66%3.29%3.67%3.10%3.34%3.47%3.39%
VCIT
Vanguard Intermediate-Term Corporate Bond ETF
4.47%4.43%3.72%3.03%2.87%2.78%3.37%3.61%3.21%3.29%3.34%3.34%

Drawdowns

LQD vs. VCIT - Drawdown Comparison

The maximum LQD drawdown since its inception was -24.95%, which is greater than VCIT's maximum drawdown of -20.56%. Use the drawdown chart below to compare losses from any high point for LQD and VCIT. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%NovemberDecember2025FebruaryMarchApril
-9.67%
-3.06%
LQD
VCIT

Volatility

LQD vs. VCIT - Volatility Comparison

iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) has a higher volatility of 4.00% compared to Vanguard Intermediate-Term Corporate Bond ETF (VCIT) at 2.81%. This indicates that LQD's price experiences larger fluctuations and is considered to be riskier than VCIT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%1.50%2.00%2.50%3.00%3.50%4.00%NovemberDecember2025FebruaryMarchApril
4.00%
2.81%
LQD
VCIT