LQDB vs. VCLT
Compare and contrast key facts about iShares BBB Rated Corporate Bond ETF (LQDB) and Vanguard Long-Term Corporate Bond ETF (VCLT).
LQDB and VCLT 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. VCLT is a passively managed fund by Vanguard that tracks the performance of the Barclays U.S. 10+ Year Corporate Index. It was launched on Nov 19, 2009. Both LQDB and VCLT 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 VCLT.
Correlation
The correlation between LQDB and VCLT is 0.97, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
LQDB vs. VCLT - Performance Comparison
Key characteristics
LQDB:
0.98
VCLT:
0.28
LQDB:
1.41
VCLT:
0.45
LQDB:
1.17
VCLT:
1.05
LQDB:
0.41
VCLT:
0.11
LQDB:
3.13
VCLT:
0.72
LQDB:
1.63%
VCLT:
3.91%
LQDB:
5.21%
VCLT:
10.21%
LQDB:
-21.63%
VCLT:
-34.31%
LQDB:
-6.55%
VCLT:
-19.91%
Returns By Period
In the year-to-date period, LQDB achieves a 1.12% return, which is significantly lower than VCLT's 1.21% return.
LQDB
1.12%
1.00%
-0.44%
5.15%
N/A
N/A
VCLT
1.21%
1.36%
-4.03%
2.88%
-2.77%
2.15%
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LQDB vs. VCLT - Expense Ratio Comparison
LQDB has a 0.15% expense ratio, which is higher than VCLT's 0.04% expense ratio. However, 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. VCLT — Risk-Adjusted Performance Rank
LQDB
VCLT
LQDB vs. VCLT - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares BBB Rated Corporate Bond ETF (LQDB) and Vanguard Long-Term Corporate Bond ETF (VCLT). 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. VCLT - Dividend Comparison
LQDB's dividend yield for the trailing twelve months is around 4.48%, less than VCLT's 5.16% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LQDB iShares BBB Rated Corporate Bond ETF | 4.48% | 4.46% | 3.90% | 3.25% | 1.32% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VCLT Vanguard Long-Term Corporate Bond ETF | 5.16% | 5.19% | 4.67% | 4.44% | 3.07% | 3.16% | 3.81% | 4.55% | 4.01% | 4.33% | 4.68% | 4.29% |
Drawdowns
LQDB vs. VCLT - Drawdown Comparison
The maximum LQDB drawdown since its inception was -21.63%, smaller than the maximum VCLT drawdown of -34.31%. Use the drawdown chart below to compare losses from any high point for LQDB and VCLT. For additional features, visit the drawdowns tool.
Volatility
LQDB vs. VCLT - Volatility Comparison
The current volatility for iShares BBB Rated Corporate Bond ETF (LQDB) is 1.35%, while Vanguard Long-Term Corporate Bond ETF (VCLT) has a volatility of 2.81%. This indicates that LQDB experiences smaller price fluctuations and is considered to be less risky than VCLT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.