LQDA.L vs. VWO
Compare and contrast key facts about iShares USD Corporate Bond UCITS ETF (Acc) (LQDA.L) and Vanguard FTSE Emerging Markets ETF (VWO).
LQDA.L and VWO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. LQDA.L is a passively managed fund by iShares that tracks the performance of the Bloomberg US Corp Bond TR USD. It was launched on Apr 13, 2017. VWO is a passively managed fund by Vanguard that tracks the performance of the FTSE Emerging Index. It was launched on Mar 4, 2005. Both LQDA.L and VWO are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LQDA.L or VWO.
Key characteristics
| LQDA.L | VWO | |
|---|---|---|
| YTD Return | 2.59% | 14.07% |
| 1Y Return | 11.95% | 21.61% |
| 3Y Return (Ann) | -2.76% | -0.66% |
| 5Y Return (Ann) | 0.43% | 5.04% |
| Sharpe Ratio | 1.58 | 1.51 |
| Sortino Ratio | 2.37 | 2.17 |
| Omega Ratio | 1.29 | 1.27 |
| Calmar Ratio | 0.66 | 0.92 |
| Martin Ratio | 5.95 | 8.47 |
| Ulcer Index | 2.05% | 2.65% |
| Daily Std Dev | 7.72% | 14.87% |
| Max Drawdown | -25.10% | -67.68% |
| Current Drawdown | -9.56% | -8.18% |
Correlation
The correlation between LQDA.L and VWO is 0.13, 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
LQDA.L vs. VWO - Performance Comparison
In the year-to-date period, LQDA.L achieves a 2.59% return, which is significantly lower than VWO's 14.07% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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LQDA.L vs. VWO - Expense Ratio Comparison
LQDA.L has a 0.20% expense ratio, which is higher than VWO's 0.08% 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%.
Risk-Adjusted Performance
LQDA.L vs. VWO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares USD Corporate Bond UCITS ETF (Acc) (LQDA.L) and Vanguard FTSE Emerging Markets ETF (VWO). 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
LQDA.L vs. VWO - Dividend Comparison
LQDA.L has not paid dividends to shareholders, while VWO's dividend yield for the trailing twelve months is around 2.60%.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LQDA.L iShares USD Corporate Bond UCITS ETF (Acc) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VWO Vanguard FTSE Emerging Markets ETF | 2.60% | 3.52% | 4.11% | 2.63% | 1.91% | 3.24% | 2.88% | 2.30% | 2.52% | 3.26% | 2.86% | 2.73% |
Drawdowns
LQDA.L vs. VWO - Drawdown Comparison
The maximum LQDA.L drawdown since its inception was -25.10%, smaller than the maximum VWO drawdown of -67.68%. Use the drawdown chart below to compare losses from any high point for LQDA.L and VWO. For additional features, visit the drawdowns tool.
Volatility
LQDA.L vs. VWO - Volatility Comparison
The current volatility for iShares USD Corporate Bond UCITS ETF (Acc) (LQDA.L) is 2.46%, while Vanguard FTSE Emerging Markets ETF (VWO) has a volatility of 4.84%. This indicates that LQDA.L experiences smaller price fluctuations and is considered to be less risky than VWO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.