LQDB vs. LQDH
Compare and contrast key facts about iShares BBB Rated Corporate Bond ETF (LQDB) and iShares Interest Rate Hedged Corporate Bond ETF (LQDH).
LQDB and LQDH 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. LQDH is an actively managed fund by iShares. It was launched on May 27, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LQDB or LQDH.
Correlation
The correlation between LQDB and LQDH is 0.42, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
LQDB vs. LQDH - Performance Comparison
Key characteristics
LQDB:
1.02
LQDH:
3.10
LQDB:
1.47
LQDH:
4.57
LQDB:
1.18
LQDH:
1.67
LQDB:
0.42
LQDH:
4.45
LQDB:
3.28
LQDH:
23.06
LQDB:
1.62%
LQDH:
0.35%
LQDB:
5.22%
LQDH:
2.62%
LQDB:
-21.63%
LQDH:
-24.63%
LQDB:
-6.65%
LQDH:
0.00%
Returns By Period
In the year-to-date period, LQDB achieves a 1.01% return, which is significantly lower than LQDH's 1.69% return.
LQDB
1.01%
0.89%
-0.28%
5.33%
N/A
N/A
LQDH
1.69%
1.00%
5.28%
7.89%
4.49%
3.71%
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LQDB vs. LQDH - Expense Ratio Comparison
LQDB has a 0.15% expense ratio, which is lower than LQDH'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. LQDH — Risk-Adjusted Performance Rank
LQDB
LQDH
LQDB vs. LQDH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares BBB Rated Corporate Bond ETF (LQDB) and iShares Interest Rate Hedged Corporate Bond ETF (LQDH). 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
LQDB vs. LQDH - Dividend Comparison
LQDB's dividend yield for the trailing twelve months is around 4.49%, less than LQDH's 7.21% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LQDB iShares BBB Rated Corporate Bond ETF | 4.49% | 4.46% | 3.90% | 3.25% | 1.32% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
LQDH iShares Interest Rate Hedged Corporate Bond ETF | 7.21% | 7.57% | 7.69% | 3.73% | 1.64% | 2.22% | 3.09% | 5.08% | 2.37% | 2.33% | 2.98% | 2.19% |
Drawdowns
LQDB vs. LQDH - Drawdown Comparison
The maximum LQDB drawdown since its inception was -21.63%, smaller than the maximum LQDH drawdown of -24.63%. Use the drawdown chart below to compare losses from any high point for LQDB and LQDH. For additional features, visit the drawdowns tool.
Volatility
LQDB vs. LQDH - Volatility Comparison
iShares BBB Rated Corporate Bond ETF (LQDB) has a higher volatility of 1.35% compared to iShares Interest Rate Hedged Corporate Bond ETF (LQDH) at 0.44%. This indicates that LQDB's price experiences larger fluctuations and is considered to be riskier than LQDH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.