Correlation
The correlation between LQDB and IAU is 0.30, 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.
LQDB vs. IAU
Compare and contrast key facts about iShares BBB Rated Corporate Bond ETF (LQDB) and iShares Gold Trust (IAU).
LQDB and IAU are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. LQDB is a passively managed fund by iShares that tracks the performance of the iBoxx USD Liquid Investment Grade BBB 0+ Index . It was launched on May 18, 2021. IAU is a passively managed fund by iShares that tracks the performance of the Gold Bullion. It was launched on Jan 28, 2005. Both LQDB and IAU 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: LQDB or IAU.
Performance
LQDB vs. IAU - Performance Comparison
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Key characteristics
LQDB:
1.05
IAU:
2.29
LQDB:
1.50
IAU:
2.98
LQDB:
1.19
IAU:
1.38
LQDB:
0.54
IAU:
4.85
LQDB:
3.52
IAU:
13.25
LQDB:
1.74%
IAU:
2.98%
LQDB:
5.78%
IAU:
17.85%
LQDB:
-21.63%
IAU:
-45.14%
LQDB:
-5.47%
IAU:
-3.76%
Returns By Period
In the year-to-date period, LQDB achieves a 2.29% return, which is significantly lower than IAU's 25.55% return.
LQDB
2.29%
0.64%
0.36%
5.57%
2.88%
N/A
N/A
IAU
25.55%
2.14%
23.70%
41.30%
21.25%
13.46%
10.41%
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LQDB vs. IAU - Expense Ratio Comparison
LQDB has a 0.15% expense ratio, which is lower than IAU's 0.25% expense ratio. Despite the difference, 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
LQDB vs. IAU — Risk-Adjusted Performance Rank
LQDB
IAU
LQDB vs. IAU - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares BBB Rated Corporate Bond ETF (LQDB) and iShares Gold Trust (IAU). 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.
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Dividends
LQDB vs. IAU - Dividend Comparison
LQDB's dividend yield for the trailing twelve months is around 4.57%, while IAU has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
LQDB iShares BBB Rated Corporate Bond ETF | 4.57% | 4.46% | 3.90% | 3.25% | 1.32% |
IAU iShares Gold Trust | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
LQDB vs. IAU - Drawdown Comparison
The maximum LQDB drawdown since its inception was -21.63%, smaller than the maximum IAU drawdown of -45.14%. Use the drawdown chart below to compare losses from any high point for LQDB and IAU.
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Volatility
LQDB vs. IAU - Volatility Comparison
The current volatility for iShares BBB Rated Corporate Bond ETF (LQDB) is 1.55%, while iShares Gold Trust (IAU) has a volatility of 7.91%. This indicates that LQDB experiences smaller price fluctuations and is considered to be less risky than IAU based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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