MDLZ vs. LQD
MDLZ (Mondelez International, Inc.) is a stock, while LQD (iShares iBoxx $ Investment Grade Corporate Bond ETF) is Corporate Bonds fund tracking the iBoxx $ Liquid Investment Grade Index. Over the past 10 years, MDLZ returned 6.09%/yr vs 2.54%/yr for LQD. At a 0.06 correlation, their price movements are largely independent.
Performance
MDLZ vs. LQD - Performance Comparison
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Returns By Period
In the year-to-date period, MDLZ achieves a 18.03% return, which is significantly higher than LQD's 0.82% return. Over the past 10 years, MDLZ has outperformed LQD with an annualized return of 6.09%, while LQD has yielded a comparatively lower 2.54% annualized return.
MDLZ
- 1D
- -0.58%
- 1M
- 3.31%
- YTD
- 18.03%
- 6M
- 18.65%
- 1Y
- -2.75%
- 3Y*
- -1.98%
- 5Y*
- 2.36%
- 10Y*
- 6.09%
LQD
- 1D
- -0.06%
- 1M
- 0.80%
- YTD
- 0.82%
- 6M
- 1.24%
- 1Y
- 5.80%
- 3Y*
- 5.30%
- 5Y*
- -0.21%
- 10Y*
- 2.54%
MDLZ vs. LQD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MDLZ Mondelez International, Inc. | 18.03% | -7.03% | -15.30% | 11.17% | 2.92% | 15.87% | 8.58% | 40.42% | -4.27% | -1.58% |
LQD iShares iBoxx $ Investment Grade Corporate Bond ETF | 0.82% | 7.90% | 0.86% | 9.40% | -17.92% | -1.84% | 10.97% | 17.37% | -3.79% | 7.06% |
Correlation
The correlation between MDLZ and LQD is 0.20, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.20 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.21 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.26 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.21 |
Correlation (All Time) Calculated using the full available price history since Jul 26, 2002 | 0.06 |
The correlation between MDLZ and LQD shifts across timeframes, from 0.06 (all time) to 0.26 (5 years), reflecting how their relationship changes across market environments.
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Return for Risk
MDLZ vs. LQD — Risk / Return Rank
MDLZ
LQD
MDLZ vs. LQD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Mondelez International, Inc. (MDLZ) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| MDLZ | LQD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.17 | ||
| Sortino ratioReturn per unit of downside risk | -1.56 | ||
| Omega ratioGain probability vs. loss probability | 0.98 | 1.17 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | -0.17 | 1.55 | -1.73 |
| Martin ratioReturn relative to average drawdown | -0.30 | 4.37 | -4.67 |
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Drawdowns
MDLZ vs. LQD - Drawdown Comparison
The maximum MDLZ drawdown since its inception was -42.52%, which is greater than LQD's maximum drawdown of -24.95%. Use the drawdown chart below to compare losses from any high point for MDLZ and LQD.
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Drawdown Indicators
| MDLZ | LQD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -42.52% | -24.95% | -17.57% |
Max Drawdown (1Y)Largest decline over 1 year | -25.93% | -3.34% | -22.59% |
Max Drawdown (3Y)Largest decline over 3 years | -29.00% | -8.43% | -20.57% |
Max Drawdown (5Y)Largest decline over 5 years | -29.14% | -24.95% | -4.19% |
Max Drawdown (10Y)Largest decline over 10 years | -29.74% | -24.95% | -4.79% |
Current DrawdownCurrent decline from peak | -12.59% | -3.37% | -9.22% |
Average DrawdownAverage peak-to-trough decline | -11.03% | -3.99% | -7.04% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 14.70% | 1.19% | +13.51% |
Volatility
MDLZ vs. LQD - Volatility Comparison
Mondelez International, Inc. (MDLZ) has a higher volatility of 5.46% compared to iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) at 1.78%. This indicates that MDLZ's price experiences larger fluctuations and is considered to be riskier than LQD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MDLZ | LQD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.46% | 1.78% | +3.68% |
Volatility (6M)Calculated over the trailing 6-month period | 16.28% | 4.02% | +12.26% |
Volatility (1Y)Calculated over the trailing 1-year period | 22.26% | 5.37% | +16.89% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 19.52% | 8.65% | +10.87% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 21.03% | 8.69% | +12.34% |
Dividends
MDLZ vs. LQD - Dividend Comparison
MDLZ's dividend yield for the trailing twelve months is around 3.13%, less than LQD's 4.55% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LQD iShares iBoxx $ Investment Grade Corporate Bond ETF | 4.55% | 4.48% | 4.45% | 3.99% | 3.30% | 2.30% | 2.66% | 3.29% | 3.67% | 3.10% | 3.34% | 3.47% |
MDLZ Mondelez International, Inc. | 3.13% | 3.60% | 3.00% | 2.24% | 2.21% | 2.01% | 2.05% | 1.98% | 2.40% | 1.92% | 1.62% | 1.43% |
Frequently Asked Questions
MDLZ and LQD have a correlation of 0.20, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
MDLZ has higher volatility (5.46%) compared to LQD (1.78%). In terms of maximum drawdown, MDLZ dropped -42.52% vs LQD's -24.95%.
LQD currently has the higher Sharpe Ratio (0.97 vs -0.20), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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