LQDW vs. SDHA.L
Compare and contrast key facts about iShares Investment Grade Corporate Bond Buywrite Strategy ETF (LQDW) and iShares USD Short Duration High Yield Corporate Bond UCITS ETF USD (Acc) (SDHA.L).
LQDW and SDHA.L are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. LQDW is a passively managed fund by iShares that tracks the performance of the CBOE LQD BuyWrite Index. It was launched on Aug 18, 2022. SDHA.L is a passively managed fund by iShares that tracks the performance of the Bloomberg US Corporate High Yield TR USD. It was launched on Jun 29, 2018. Both LQDW and SDHA.L 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: LQDW or SDHA.L.
Key characteristics
| LQDW | SDHA.L | |
|---|---|---|
| YTD Return | 5.19% | 5.97% |
| 1Y Return | 3.92% | 10.58% |
| Sharpe Ratio | 0.73 | 2.44 |
| Daily Std Dev | 5.08% | 4.26% |
| Max Drawdown | -9.20% | -17.77% |
| Current Drawdown | -0.00% | -0.09% |
Correlation
The correlation between LQDW and SDHA.L is 0.45, 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
LQDW vs. SDHA.L - Performance Comparison
In the year-to-date period, LQDW achieves a 5.19% return, which is significantly lower than SDHA.L's 5.97% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
LQDW vs. SDHA.L - Expense Ratio Comparison
LQDW has a 0.34% expense ratio, which is lower than SDHA.L's 0.45% expense ratio.
Risk-Adjusted Performance
LQDW vs. SDHA.L - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Investment Grade Corporate Bond Buywrite Strategy ETF (LQDW) and iShares USD Short Duration High Yield Corporate Bond UCITS ETF USD (Acc) (SDHA.L). 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
LQDW vs. SDHA.L - Dividend Comparison
LQDW's dividend yield for the trailing twelve months is around 16.66%, while SDHA.L has not paid dividends to shareholders.
| TTM | 2023 | 2022 | |
|---|---|---|---|
LQDW iShares Investment Grade Corporate Bond Buywrite Strategy ETF | 16.66% | 19.28% | 8.85% |
SDHA.L iShares USD Short Duration High Yield Corporate Bond UCITS ETF USD (Acc) | 0.00% | 0.00% | 0.00% |
Drawdowns
LQDW vs. SDHA.L - Drawdown Comparison
The maximum LQDW drawdown since its inception was -9.20%, smaller than the maximum SDHA.L drawdown of -17.77%. Use the drawdown chart below to compare losses from any high point for LQDW and SDHA.L. For additional features, visit the drawdowns tool.
Volatility
LQDW vs. SDHA.L - Volatility Comparison
The current volatility for iShares Investment Grade Corporate Bond Buywrite Strategy ETF (LQDW) is 0.53%, while iShares USD Short Duration High Yield Corporate Bond UCITS ETF USD (Acc) (SDHA.L) has a volatility of 0.89%. This indicates that LQDW experiences smaller price fluctuations and is considered to be less risky than SDHA.L based on this measure. The chart below showcases a comparison of their rolling one-month volatility.