LQDA vs. LQD
Compare and contrast key facts about Liquidia Corporation (LQDA) and iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD).
LQD is a passively managed fund by iShares that tracks the performance of the iBoxx $ Liquid Investment Grade Index. It was launched on Jul 26, 2002.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LQDA or LQD.
Correlation
The correlation between LQDA and LQD is 0.09, 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 vs. LQD - Performance Comparison
Key characteristics
LQDA:
0.23
LQD:
0.80
LQDA:
0.69
LQD:
1.17
LQDA:
1.11
LQD:
1.14
LQDA:
0.17
LQD:
0.34
LQDA:
0.47
LQD:
2.21
LQDA:
28.11%
LQD:
2.47%
LQDA:
56.58%
LQD:
6.84%
LQDA:
-93.87%
LQD:
-24.95%
LQDA:
-56.43%
LQD:
-9.89%
Returns By Period
In the year-to-date period, LQDA achieves a 37.76% return, which is significantly higher than LQD's 1.44% return.
LQDA
37.76%
25.68%
65.47%
11.03%
25.53%
N/A
LQD
1.44%
1.50%
-1.00%
4.98%
-0.51%
2.27%
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Risk-Adjusted Performance
LQDA vs. LQD — Risk-Adjusted Performance Rank
LQDA
LQD
LQDA vs. LQD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Liquidia Corporation (LQDA) and iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD). 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 vs. LQD - Dividend Comparison
LQDA has not paid dividends to shareholders, while LQD's dividend yield for the trailing twelve months is around 4.40%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LQDA Liquidia Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
LQD iShares iBoxx $ Investment Grade Corporate Bond ETF | 4.40% | 4.45% | 3.99% | 3.30% | 2.30% | 2.66% | 3.29% | 3.67% | 3.10% | 3.34% | 3.47% | 3.39% |
Drawdowns
LQDA vs. LQD - Drawdown Comparison
The maximum LQDA drawdown since its inception was -93.87%, which is greater than LQD's maximum drawdown of -24.95%. Use the drawdown chart below to compare losses from any high point for LQDA and LQD. For additional features, visit the drawdowns tool.
Volatility
LQDA vs. LQD - Volatility Comparison
Liquidia Corporation (LQDA) has a higher volatility of 9.96% compared to iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) at 1.75%. This indicates that LQDA's price experiences larger fluctuations and is considered to be riskier than LQD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.