LQDI vs. FBND
Compare and contrast key facts about iShares Inflation Hedged Corporate Bond ETF (LQDI) and Fidelity Total Bond ETF (FBND).
LQDI and FBND are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. LQDI is an actively managed fund by iShares. It was launched on May 8, 2018. FBND is an actively managed fund by Fidelity. It was launched on Oct 6, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: LQDI or FBND.
Key characteristics
| LQDI | FBND | |
|---|---|---|
| YTD Return | -1.78% | -2.60% |
| 1Y Return | 2.42% | 0.28% |
| 3Y Return (Ann) | -0.64% | -2.55% |
| 5Y Return (Ann) | 3.48% | 0.93% |
| Sharpe Ratio | 0.46 | 0.17 |
| Daily Std Dev | 7.59% | 6.69% |
| Max Drawdown | -28.99% | -17.25% |
| Current Drawdown | -10.37% | -9.91% |
Correlation
The correlation between LQDI and FBND is 0.66, 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.
Performance
LQDI vs. FBND - Performance Comparison
In the year-to-date period, LQDI achieves a -1.78% return, which is significantly higher than FBND's -2.60% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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LQDI vs. FBND - Expense Ratio Comparison
LQDI has a 0.18% expense ratio, which is lower than FBND's 0.36% expense ratio.
Risk-Adjusted Performance
LQDI vs. FBND - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Inflation Hedged Corporate Bond ETF (LQDI) and Fidelity Total Bond ETF (FBND). 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
LQDI vs. FBND - Dividend Comparison
LQDI's dividend yield for the trailing twelve months is around 4.02%, less than FBND's 4.64% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
LQDI iShares Inflation Hedged Corporate Bond ETF | 4.02% | 3.98% | 3.27% | 2.41% | 2.52% | 3.26% | 2.53% | 0.00% | 0.00% | 0.00% | 0.00% |
FBND Fidelity Total Bond ETF | 4.64% | 4.26% | 3.07% | 1.86% | 4.25% | 2.90% | 2.93% | 2.56% | 2.84% | 3.26% | 0.66% |
Drawdowns
LQDI vs. FBND - Drawdown Comparison
The maximum LQDI drawdown since its inception was -28.99%, which is greater than FBND's maximum drawdown of -17.25%. Use the drawdown chart below to compare losses from any high point for LQDI and FBND. For additional features, visit the drawdowns tool.
Volatility
LQDI vs. FBND - Volatility Comparison
iShares Inflation Hedged Corporate Bond ETF (LQDI) and Fidelity Total Bond ETF (FBND) have volatilities of 1.93% and 1.95%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.