SLQD vs. BINC
Compare and contrast key facts about iShares 0-5 Year Investment Grade Corporate Bond ETF (SLQD) and iShares Flexible Income Active ETF (BINC).
SLQD and BINC are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SLQD is a passively managed fund by iShares that tracks the performance of the Markit iBoxx USD Liquid Investment Grade 0-5 Index. It was launched on Oct 15, 2013. BINC is an actively managed fund by iShares. It was launched on May 19, 2023.
Performance
SLQD vs. BINC - Performance Comparison
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SLQD vs. BINC - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
SLQD iShares 0-5 Year Investment Grade Corporate Bond ETF | 0.29% | 6.27% | 4.94% | 3.99% |
BINC iShares Flexible Income Active ETF | -0.78% | 7.57% | 5.76% | 7.08% |
Returns By Period
In the year-to-date period, SLQD achieves a 0.29% return, which is significantly higher than BINC's -0.78% return.
SLQD
- 1D
- 0.21%
- 1M
- -0.59%
- YTD
- 0.29%
- 6M
- 1.48%
- 1Y
- 4.74%
- 3Y*
- 5.22%
- 5Y*
- 2.52%
- 10Y*
- 2.68%
BINC
- 1D
- 0.33%
- 1M
- -2.11%
- YTD
- -0.78%
- 6M
- 0.65%
- 1Y
- 5.08%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
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SLQD vs. BINC - Expense Ratio Comparison
SLQD has a 0.06% expense ratio, which is lower than BINC's 0.40% expense ratio.
Return for Risk
SLQD vs. BINC — Risk / Return Rank
SLQD
BINC
SLQD vs. BINC - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares 0-5 Year Investment Grade Corporate Bond ETF (SLQD) and iShares Flexible Income Active ETF (BINC). 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.
| SLQD | BINC | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.48 | 1.74 | +0.74 |
Sortino ratioReturn per unit of downside risk | 3.70 | 2.29 | +1.41 |
Omega ratioGain probability vs. loss probability | 1.56 | 1.38 | +0.19 |
Calmar ratioReturn relative to maximum drawdown | 4.50 | 1.91 | +2.59 |
Martin ratioReturn relative to average drawdown | 18.76 | 7.93 | +10.82 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SLQD | BINC | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.48 | 1.74 | +0.74 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.04 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.86 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.84 | 2.28 | -1.45 |
Correlation
The correlation between SLQD and BINC is 0.76, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Dividends
SLQD vs. BINC - Dividend Comparison
SLQD's dividend yield for the trailing twelve months is around 4.22%, less than BINC's 5.91% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SLQD iShares 0-5 Year Investment Grade Corporate Bond ETF | 4.22% | 4.15% | 3.71% | 2.99% | 2.00% | 1.67% | 2.34% | 2.89% | 2.55% | 1.98% | 1.81% | 1.43% |
BINC iShares Flexible Income Active ETF | 5.91% | 5.86% | 6.14% | 3.13% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
SLQD vs. BINC - Drawdown Comparison
The maximum SLQD drawdown since its inception was -12.69%, which is greater than BINC's maximum drawdown of -2.69%. Use the drawdown chart below to compare losses from any high point for SLQD and BINC.
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Drawdown Indicators
| SLQD | BINC | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.69% | -2.69% | -10.00% |
Max Drawdown (1Y)Largest decline over 1 year | -1.06% | -2.69% | +1.63% |
Max Drawdown (5Y)Largest decline over 5 years | -7.63% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -12.69% | — | — |
Current DrawdownCurrent decline from peak | -0.59% | -2.14% | +1.55% |
Average DrawdownAverage peak-to-trough decline | -0.88% | -0.33% | -0.55% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.26% | 0.65% | -0.39% |
Volatility
SLQD vs. BINC - Volatility Comparison
The current volatility for iShares 0-5 Year Investment Grade Corporate Bond ETF (SLQD) is 0.73%, while iShares Flexible Income Active ETF (BINC) has a volatility of 1.25%. This indicates that SLQD experiences smaller price fluctuations and is considered to be less risky than BINC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SLQD | BINC | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.73% | 1.25% | -0.52% |
Volatility (6M)Calculated over the trailing 6-month period | 1.00% | 1.69% | -0.69% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.92% | 2.94% | -1.02% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.43% | 3.03% | -0.60% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.14% | 3.03% | +0.11% |