LQDH vs. VOO
Compare and contrast key facts about iShares Interest Rate Hedged Corporate Bond ETF (LQDH) and Vanguard S&P 500 ETF (VOO).
LQDH and VOO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. LQDH is an actively managed fund by iShares. It was launched on May 27, 2014. VOO is a passively managed fund by Vanguard that tracks the performance of the S&P 500 Index. It was launched on Sep 7, 2010.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LQDH or VOO.
Performance
LQDH vs. VOO - Performance Comparison
Returns By Period
In the year-to-date period, LQDH achieves a 6.72% return, which is significantly lower than VOO's 25.48% return. Over the past 10 years, LQDH has underperformed VOO with an annualized return of 3.61%, while VOO has yielded a comparatively higher 13.15% annualized return.
LQDH
6.72%
0.57%
2.93%
8.22%
4.47%
3.61%
VOO
25.48%
0.99%
11.84%
31.84%
15.62%
13.15%
Key characteristics
| LQDH | VOO | |
|---|---|---|
| Sharpe Ratio | 3.00 | 2.69 |
| Sortino Ratio | 4.48 | 3.59 |
| Omega Ratio | 1.62 | 1.50 |
| Calmar Ratio | 4.65 | 3.89 |
| Martin Ratio | 22.93 | 17.64 |
| Ulcer Index | 0.37% | 1.86% |
| Daily Std Dev | 2.82% | 12.20% |
| Max Drawdown | -24.63% | -33.99% |
| Current Drawdown | -0.52% | -1.40% |
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LQDH vs. VOO - Expense Ratio Comparison
LQDH has a 0.25% expense ratio, which is higher than VOO's 0.03% 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%.
Correlation
The correlation between LQDH and VOO is 0.44, 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.
Risk-Adjusted Performance
LQDH vs. VOO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Interest Rate Hedged Corporate Bond ETF (LQDH) and Vanguard S&P 500 ETF (VOO). 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
LQDH vs. VOO - Dividend Comparison
LQDH's dividend yield for the trailing twelve months is around 8.02%, more than VOO's 1.25% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LQDH iShares Interest Rate Hedged Corporate Bond ETF | 8.02% | 7.69% | 3.73% | 1.64% | 2.22% | 3.09% | 5.08% | 2.37% | 2.33% | 2.98% | 2.19% | 0.00% |
VOO Vanguard S&P 500 ETF | 1.25% | 1.46% | 1.69% | 1.25% | 1.54% | 1.88% | 2.06% | 1.78% | 2.02% | 2.10% | 1.85% | 1.84% |
Drawdowns
LQDH vs. VOO - Drawdown Comparison
The maximum LQDH drawdown since its inception was -24.63%, smaller than the maximum VOO drawdown of -33.99%. Use the drawdown chart below to compare losses from any high point for LQDH and VOO. For additional features, visit the drawdowns tool.
Volatility
LQDH vs. VOO - Volatility Comparison
The current volatility for iShares Interest Rate Hedged Corporate Bond ETF (LQDH) is 0.85%, while Vanguard S&P 500 ETF (VOO) has a volatility of 4.10%. This indicates that LQDH experiences smaller price fluctuations and is considered to be less risky than VOO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.