LQDA vs. LQDI
LQDA (Liquidia Corporation) is a stock, while LQDI (iShares Inflation Hedged Corporate Bond ETF) is Inflation-Protected Bonds fund actively managed by iShares. Over the past 5 years, LQDA returned 80.96%/yr vs 1.93%/yr for LQDI. At a 0.07 correlation, their price movements are largely independent.
Performance
LQDA vs. LQDI - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, LQDA achieves a 61.47% return, which is significantly higher than LQDI's 1.72% return.
LQDA
- 1D
- 1.05%
- 1M
- 44.72%
- YTD
- 61.47%
- 6M
- 65.06%
- 1Y
- 236.90%
- 3Y*
- 84.34%
- 5Y*
- 80.96%
- 10Y*
- —
LQDI
- 1D
- -0.39%
- 1M
- 0.66%
- YTD
- 1.72%
- 6M
- 1.56%
- 1Y
- 7.30%
- 3Y*
- 5.84%
- 5Y*
- 1.93%
- 10Y*
- —
LQDA vs. LQDI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|---|
LQDA Liquidia Corporation | 61.47% | 193.28% | -2.24% | 88.85% | 30.80% | 65.08% | -30.99% | -80.26% | 95.14% |
LQDI iShares Inflation Hedged Corporate Bond ETF | 1.72% | 8.84% | 1.48% | 8.85% | -15.33% | 7.53% | 11.82% | 15.83% | -3.33% |
Correlation
The correlation between LQDA and LQDI is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.09 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.14 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.13 |
Correlation (All Time) Calculated using the full available price history since Jul 27, 2018 | 0.07 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
LQDA vs. LQDI — Risk / Return Rank
LQDA
LQDI
LQDA vs. LQDI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Liquidia Corporation (LQDA) and iShares Inflation Hedged Corporate Bond ETF (LQDI). 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.
| LQDA | LQDI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.08 | ||
| Sortino ratioReturn per unit of downside risk | +1.46 | ||
| Omega ratioGain probability vs. loss probability | 1.45 | 1.26 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | 6.69 | 2.54 | +4.15 |
| Martin ratioReturn relative to average drawdown | 14.83 | 7.71 | +7.12 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| LQDA | LQDI | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.55 | 1.47 | +2.08 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.11 | 0.24 | +0.87 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.27 | 0.40 | -0.14 |
Drawdowns
LQDA vs. LQDI - Drawdown Comparison
The maximum LQDA drawdown since its inception was -93.87%, which is greater than LQDI's maximum drawdown of -28.99%. Use the drawdown chart below to compare losses from any high point for LQDA and LQDI.
Loading charts...
Drawdown Indicators
| LQDA | LQDI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -93.87% | -28.99% | -64.88% |
Max Drawdown (1Y)Largest decline over 1 year | -35.66% | -2.88% | -32.78% |
Max Drawdown (3Y)Largest decline over 3 years | -46.80% | -6.27% | -40.53% |
Max Drawdown (5Y)Largest decline over 5 years | -55.36% | -20.67% | -34.69% |
Current DrawdownCurrent decline from peak | -10.22% | -0.39% | -9.83% |
Average DrawdownAverage peak-to-trough decline | -69.76% | -5.25% | -64.51% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.05% | 0.95% | +15.10% |
Volatility
LQDA vs. LQDI - Volatility Comparison
Liquidia Corporation (LQDA) has a higher volatility of 26.78% compared to iShares Inflation Hedged Corporate Bond ETF (LQDI) at 1.20%. This indicates that LQDA's price experiences larger fluctuations and is considered to be riskier than LQDI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| LQDA | LQDI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 26.78% | 1.20% | +25.58% |
Volatility (6M)Calculated over the trailing 6-month period | 47.56% | 3.44% | +44.12% |
Volatility (1Y)Calculated over the trailing 1-year period | 67.16% | 4.97% | +62.19% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 73.46% | 8.18% | +65.28% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 85.70% | 10.84% | +74.86% |
Dividends
LQDA vs. LQDI - Dividend Comparison
LQDA has not paid dividends to shareholders, while LQDI's dividend yield for the trailing twelve months is around 4.58%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
LQDA Liquidia Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
LQDI iShares Inflation Hedged Corporate Bond ETF | 4.58% | 4.46% | 4.65% | 3.98% | 3.27% | 2.42% | 2.34% | 3.26% | 2.53% |
Frequently Asked Questions
LQDA and LQDI have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
LQDA has higher volatility (26.78%) compared to LQDI (1.20%). In terms of maximum drawdown, LQDA dropped -93.87% vs LQDI's -28.99%.
LQDA currently has the higher Sharpe Ratio (3.55 vs 1.47), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for LQDA and LQDI
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer