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LQDH vs. LQD
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between LQDH and LQD is 0.15, 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.


-0.50.00.51.0
Correlation: 0.2

Performance

LQDH vs. LQD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Interest Rate Hedged Corporate Bond ETF (LQDH) and iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD). The values are adjusted to include any dividend payments, if applicable.

30.00%35.00%40.00%NovemberDecember2025FebruaryMarchApril
38.90%
32.18%
LQDH
LQD

Key characteristics

Sharpe Ratio

LQDH:

1.19

LQD:

1.02

Sortino Ratio

LQDH:

1.72

LQD:

1.46

Omega Ratio

LQDH:

1.27

LQD:

1.18

Calmar Ratio

LQDH:

0.97

LQD:

0.49

Martin Ratio

LQDH:

5.32

LQD:

2.87

Ulcer Index

LQDH:

0.89%

LQD:

2.68%

Daily Std Dev

LQDH:

3.98%

LQD:

7.55%

Max Drawdown

LQDH:

-24.63%

LQD:

-24.95%

Current Drawdown

LQDH:

-1.70%

LQD:

-8.99%

Returns By Period

In the year-to-date period, LQDH achieves a 0.03% return, which is significantly lower than LQD's 2.46% return. Over the past 10 years, LQDH has outperformed LQD with an annualized return of 3.60%, while LQD has yielded a comparatively lower 2.45% annualized return.


LQDH

YTD

0.03%

1M

-0.51%

6M

1.35%

1Y

4.41%

5Y*

5.98%

10Y*

3.60%

LQD

YTD

2.46%

1M

0.16%

6M

1.29%

1Y

7.59%

5Y*

-0.26%

10Y*

2.45%

*Annualized

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LQDH vs. LQD - Expense Ratio Comparison

LQDH has a 0.25% expense ratio, which is higher than LQD's 0.15% 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%.


Expense ratio chart for LQDH: current value is 0.25%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
LQDH: 0.25%
Expense ratio chart for LQD: current value is 0.15%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
LQD: 0.15%

Risk-Adjusted Performance

LQDH vs. LQD — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

LQDH
The Risk-Adjusted Performance Rank of LQDH is 8585
Overall Rank
The Sharpe Ratio Rank of LQDH is 8585
Sharpe Ratio Rank
The Sortino Ratio Rank of LQDH is 8484
Sortino Ratio Rank
The Omega Ratio Rank of LQDH is 8888
Omega Ratio Rank
The Calmar Ratio Rank of LQDH is 8282
Calmar Ratio Rank
The Martin Ratio Rank of LQDH is 8585
Martin Ratio Rank

LQD
The Risk-Adjusted Performance Rank of LQD is 7474
Overall Rank
The Sharpe Ratio Rank of LQD is 8181
Sharpe Ratio Rank
The Sortino Ratio Rank of LQD is 8080
Sortino Ratio Rank
The Omega Ratio Rank of LQD is 7777
Omega Ratio Rank
The Calmar Ratio Rank of LQD is 6262
Calmar Ratio Rank
The Martin Ratio Rank of LQD is 7272
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

LQDH vs. LQD - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Interest Rate Hedged Corporate Bond ETF (LQDH) and iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD). 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.


The chart of Sharpe ratio for LQDH, currently valued at 1.19, compared to the broader market-1.000.001.002.003.004.00
LQDH: 1.19
LQD: 1.02
The chart of Sortino ratio for LQDH, currently valued at 1.72, compared to the broader market-2.000.002.004.006.008.00
LQDH: 1.72
LQD: 1.46
The chart of Omega ratio for LQDH, currently valued at 1.27, compared to the broader market0.501.001.502.00
LQDH: 1.27
LQD: 1.18
The chart of Calmar ratio for LQDH, currently valued at 0.97, compared to the broader market0.002.004.006.008.0010.0012.00
LQDH: 0.97
LQD: 0.49
The chart of Martin ratio for LQDH, currently valued at 5.32, compared to the broader market0.0020.0040.0060.00
LQDH: 5.32
LQD: 2.87

The current LQDH Sharpe Ratio is 1.19, which is comparable to the LQD Sharpe Ratio of 1.02. The chart below compares the historical Sharpe Ratios of LQDH and LQD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00NovemberDecember2025FebruaryMarchApril
1.19
1.02
LQDH
LQD

Dividends

LQDH vs. LQD - Dividend Comparison

LQDH's dividend yield for the trailing twelve months is around 7.13%, more than LQD's 4.41% yield.


TTM20242023202220212020201920182017201620152014
LQDH
iShares Interest Rate Hedged Corporate Bond ETF
7.13%7.57%7.69%3.73%1.64%2.22%3.09%5.08%2.37%2.33%2.98%2.19%
LQD
iShares iBoxx $ Investment Grade Corporate Bond ETF
4.41%4.45%3.99%3.30%2.30%2.66%3.29%3.67%3.10%3.34%3.47%3.39%

Drawdowns

LQDH vs. LQD - Drawdown Comparison

The maximum LQDH drawdown since its inception was -24.63%, roughly equal to the maximum LQD drawdown of -24.95%. Use the drawdown chart below to compare losses from any high point for LQDH and LQD. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%NovemberDecember2025FebruaryMarchApril
-1.70%
-8.99%
LQDH
LQD

Volatility

LQDH vs. LQD - Volatility Comparison

The current volatility for iShares Interest Rate Hedged Corporate Bond ETF (LQDH) is 3.03%, while iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) has a volatility of 4.02%. This indicates that LQDH experiences smaller price fluctuations and is considered to be less risky than LQD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%1.00%2.00%3.00%4.00%NovemberDecember2025FebruaryMarchApril
3.03%
4.02%
LQDH
LQD