RPELX vs. LQDH
Compare and contrast key facts about T. Rowe Price Dynamic Credit Fund (RPELX) and iShares Interest Rate Hedged Corporate Bond ETF (LQDH).
RPELX is managed by T. Rowe Price. It was launched on Jan 9, 2019. LQDH is an actively managed fund by iShares. It was launched on May 27, 2014.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: RPELX or LQDH.
Correlation
The correlation between RPELX and LQDH is -0.01. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
RPELX vs. LQDH - Performance Comparison
Key characteristics
RPELX:
2.83
LQDH:
2.82
RPELX:
5.33
LQDH:
4.16
RPELX:
1.66
LQDH:
1.59
RPELX:
1.70
LQDH:
4.05
RPELX:
28.04
LQDH:
20.97
RPELX:
0.31%
LQDH:
0.35%
RPELX:
3.05%
LQDH:
2.61%
RPELX:
-19.94%
LQDH:
-24.63%
RPELX:
-0.11%
LQDH:
-0.02%
Returns By Period
In the year-to-date period, RPELX achieves a 0.79% return, which is significantly lower than LQDH's 1.03% return.
RPELX
0.79%
0.45%
4.61%
8.38%
2.20%
N/A
LQDH
1.03%
0.89%
5.51%
7.61%
4.30%
3.75%
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RPELX vs. LQDH - Expense Ratio Comparison
RPELX has a 0.56% expense ratio, which is higher than LQDH's 0.25% expense ratio.
Risk-Adjusted Performance
RPELX vs. LQDH — Risk-Adjusted Performance Rank
RPELX
LQDH
RPELX vs. LQDH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for T. Rowe Price Dynamic Credit Fund (RPELX) and iShares Interest Rate Hedged Corporate Bond ETF (LQDH). 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
RPELX vs. LQDH - Dividend Comparison
RPELX's dividend yield for the trailing twelve months is around 6.51%, less than LQDH's 7.26% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
RPELX T. Rowe Price Dynamic Credit Fund | 6.51% | 6.95% | 5.95% | 3.95% | 3.51% | 4.18% | 4.05% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
LQDH iShares Interest Rate Hedged Corporate Bond ETF | 7.26% | 7.57% | 7.69% | 3.73% | 1.64% | 2.22% | 3.09% | 5.08% | 2.37% | 2.33% | 2.98% | 2.19% |
Drawdowns
RPELX vs. LQDH - Drawdown Comparison
The maximum RPELX drawdown since its inception was -19.94%, smaller than the maximum LQDH drawdown of -24.63%. Use the drawdown chart below to compare losses from any high point for RPELX and LQDH. For additional features, visit the drawdowns tool.
Volatility
RPELX vs. LQDH - Volatility Comparison
T. Rowe Price Dynamic Credit Fund (RPELX) has a higher volatility of 0.55% compared to iShares Interest Rate Hedged Corporate Bond ETF (LQDH) at 0.46%. This indicates that RPELX's price experiences larger fluctuations and is considered to be riskier than LQDH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.