Correlation
The correlation between LQDB and TFLO is -0.09. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
LQDB vs. TFLO
Compare and contrast key facts about iShares BBB Rated Corporate Bond ETF (LQDB) and iShares Treasury Floating Rate Bond ETF (TFLO).
LQDB and TFLO 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. TFLO is a passively managed fund by iShares that tracks the performance of the Barclays U.S. Treasury Floating Rate Index. It was launched on Feb 3, 2014. Both LQDB and TFLO 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 TFLO.
Performance
LQDB vs. TFLO - Performance Comparison
Loading data...
Key characteristics
LQDB:
1.05
TFLO:
15.22
LQDB:
1.50
TFLO:
53.00
LQDB:
1.19
TFLO:
12.64
LQDB:
0.54
TFLO:
189.91
LQDB:
3.52
TFLO:
844.79
LQDB:
1.74%
TFLO:
0.01%
LQDB:
5.78%
TFLO:
0.32%
LQDB:
-21.63%
TFLO:
-5.01%
LQDB:
-5.47%
TFLO:
0.00%
Returns By Period
In the year-to-date period, LQDB achieves a 2.29% return, which is significantly higher than TFLO's 1.78% return.
LQDB
2.29%
0.35%
0.36%
6.04%
2.88%
N/A
N/A
TFLO
1.78%
0.41%
2.23%
4.77%
4.64%
2.82%
1.97%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
LQDB vs. TFLO - Expense Ratio Comparison
Both LQDB and TFLO have an expense ratio of 0.15%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
LQDB vs. TFLO — Risk-Adjusted Performance Rank
LQDB
TFLO
LQDB vs. TFLO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares BBB Rated Corporate Bond ETF (LQDB) and iShares Treasury Floating Rate Bond ETF (TFLO). 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.
Loading data...
Dividends
LQDB vs. TFLO - Dividend Comparison
LQDB's dividend yield for the trailing twelve months is around 4.57%, less than TFLO's 4.70% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LQDB iShares BBB Rated Corporate Bond ETF | 4.57% | 4.46% | 3.90% | 3.25% | 1.32% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
TFLO iShares Treasury Floating Rate Bond ETF | 4.70% | 5.21% | 4.89% | 1.67% | 0.00% | 0.36% | 2.08% | 1.65% | 0.86% | 0.30% | 0.15% | 0.08% |
Drawdowns
LQDB vs. TFLO - Drawdown Comparison
The maximum LQDB drawdown since its inception was -21.63%, which is greater than TFLO's maximum drawdown of -5.01%. Use the drawdown chart below to compare losses from any high point for LQDB and TFLO.
Loading data...
Volatility
LQDB vs. TFLO - Volatility Comparison
iShares BBB Rated Corporate Bond ETF (LQDB) has a higher volatility of 1.55% compared to iShares Treasury Floating Rate Bond ETF (TFLO) at 0.10%. This indicates that LQDB's price experiences larger fluctuations and is considered to be riskier than TFLO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...