LQDB vs. ^GSPC
Compare and contrast key facts about iShares BBB Rated Corporate Bond ETF (LQDB) and S&P 500 (^GSPC).
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LQDB or ^GSPC.
Correlation
The correlation between LQDB and ^GSPC 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.
Performance
LQDB vs. ^GSPC - Performance Comparison
Key characteristics
LQDB:
1.02
^GSPC:
1.77
LQDB:
1.47
^GSPC:
2.39
LQDB:
1.18
^GSPC:
1.32
LQDB:
0.42
^GSPC:
2.66
LQDB:
3.28
^GSPC:
10.85
LQDB:
1.62%
^GSPC:
2.08%
LQDB:
5.22%
^GSPC:
12.79%
LQDB:
-21.63%
^GSPC:
-56.78%
LQDB:
-6.65%
^GSPC:
0.00%
Returns By Period
In the year-to-date period, LQDB achieves a 1.01% return, which is significantly lower than ^GSPC's 4.22% return.
LQDB
1.01%
0.89%
-0.28%
5.33%
N/A
N/A
^GSPC
4.22%
2.22%
9.51%
22.46%
12.74%
11.29%
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Risk-Adjusted Performance
LQDB vs. ^GSPC — Risk-Adjusted Performance Rank
LQDB
^GSPC
LQDB vs. ^GSPC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares BBB Rated Corporate Bond ETF (LQDB) and S&P 500 (^GSPC). 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.
Drawdowns
LQDB vs. ^GSPC - Drawdown Comparison
The maximum LQDB drawdown since its inception was -21.63%, smaller than the maximum ^GSPC drawdown of -56.78%. Use the drawdown chart below to compare losses from any high point for LQDB and ^GSPC. For additional features, visit the drawdowns tool.
Volatility
LQDB vs. ^GSPC - Volatility Comparison
The current volatility for iShares BBB Rated Corporate Bond ETF (LQDB) is 1.35%, while S&P 500 (^GSPC) has a volatility of 3.19%. This indicates that LQDB experiences smaller price fluctuations and is considered to be less risky than ^GSPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.