SDHG.L vs. BND
Compare and contrast key facts about iShares USD Short Duration High Yield Corporate Bond UCITS ETF (SDHG.L) and Vanguard Total Bond Market ETF (BND).
SDHG.L and BND are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SDHG.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 Oct 15, 2013. BND is a passively managed fund by Vanguard that tracks the performance of the Barclays Capital U.S. Aggregate Bond Index. It was launched on Apr 3, 2007. Both SDHG.L and BND 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: SDHG.L or BND.
Key characteristics
| SDHG.L | BND | |
|---|---|---|
| YTD Return | 7.70% | 1.52% |
| 1Y Return | 9.01% | 7.09% |
| 3Y Return (Ann) | 7.26% | -2.25% |
| 5Y Return (Ann) | 5.92% | -0.27% |
| 10Y Return (Ann) | 7.90% | 1.40% |
| Sharpe Ratio | 1.64 | 1.14 |
| Sortino Ratio | 2.73 | 1.66 |
| Omega Ratio | 1.31 | 1.20 |
| Calmar Ratio | 1.61 | 0.43 |
| Martin Ratio | 8.69 | 3.87 |
| Ulcer Index | 1.05% | 1.68% |
| Daily Std Dev | 5.64% | 5.71% |
| Max Drawdown | -11.44% | -18.84% |
| Current Drawdown | 0.00% | -9.23% |
Correlation
The correlation between SDHG.L and BND is 0.15, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
SDHG.L vs. BND - Performance Comparison
In the year-to-date period, SDHG.L achieves a 7.70% return, which is significantly higher than BND's 1.52% return. Over the past 10 years, SDHG.L has outperformed BND with an annualized return of 7.90%, while BND has yielded a comparatively lower 1.40% annualized 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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SDHG.L vs. BND - Expense Ratio Comparison
SDHG.L has a 0.45% expense ratio, which is higher than BND's 0.03% expense ratio.
Risk-Adjusted Performance
SDHG.L vs. BND - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares USD Short Duration High Yield Corporate Bond UCITS ETF (SDHG.L) and Vanguard Total Bond Market ETF (BND). 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
SDHG.L vs. BND - Dividend Comparison
SDHG.L's dividend yield for the trailing twelve months is around 7.54%, more than BND's 3.58% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SDHG.L iShares USD Short Duration High Yield Corporate Bond UCITS ETF | 7.54% | 7.20% | 5.20% | 5.72% | 6.58% | 6.95% | 7.01% | 7.33% | 6.99% | 7.49% | 6.88% | 0.83% |
BND Vanguard Total Bond Market ETF | 3.58% | 3.09% | 2.60% | 1.97% | 2.22% | 2.72% | 2.81% | 2.54% | 2.51% | 2.57% | 2.79% | 2.78% |
Drawdowns
SDHG.L vs. BND - Drawdown Comparison
The maximum SDHG.L drawdown since its inception was -11.44%, smaller than the maximum BND drawdown of -18.84%. Use the drawdown chart below to compare losses from any high point for SDHG.L and BND. For additional features, visit the drawdowns tool.
Volatility
SDHG.L vs. BND - Volatility Comparison
The current volatility for iShares USD Short Duration High Yield Corporate Bond UCITS ETF (SDHG.L) is 1.19%, while Vanguard Total Bond Market ETF (BND) has a volatility of 1.69%. This indicates that SDHG.L experiences smaller price fluctuations and is considered to be less risky than BND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.