SLQD vs. DFAIX
Compare and contrast key facts about iShares 0-5 Year Investment Grade Corporate Bond ETF (SLQD) and DFA Short-Duration Real Return Portfolio (DFAIX).
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. DFAIX is managed by Dimensional Fund Advisors LP. It was launched on Nov 5, 2013.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SLQD or DFAIX.
Correlation
The correlation between SLQD and DFAIX is 0.08, 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
SLQD vs. DFAIX - Performance Comparison
Key characteristics
SLQD:
3.29
DFAIX:
6.84
SLQD:
5.12
DFAIX:
14.61
SLQD:
1.78
DFAIX:
4.74
SLQD:
7.47
DFAIX:
13.13
SLQD:
22.91
DFAIX:
81.37
SLQD:
0.30%
DFAIX:
0.08%
SLQD:
2.08%
DFAIX:
0.90%
SLQD:
-12.69%
DFAIX:
-5.63%
SLQD:
0.00%
DFAIX:
0.00%
Returns By Period
In the year-to-date period, SLQD achieves a 2.12% return, which is significantly lower than DFAIX's 2.29% return. Over the past 10 years, SLQD has underperformed DFAIX with an annualized return of 2.35%, while DFAIX has yielded a comparatively higher 2.94% annualized return.
SLQD
2.12%
0.60%
2.59%
6.92%
2.27%
2.35%
DFAIX
2.29%
0.47%
3.28%
6.13%
4.46%
2.94%
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SLQD vs. DFAIX - Expense Ratio Comparison
SLQD has a 0.06% expense ratio, which is lower than DFAIX's 0.22% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
SLQD vs. DFAIX — Risk-Adjusted Performance Rank
SLQD
DFAIX
SLQD vs. DFAIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares 0-5 Year Investment Grade Corporate Bond ETF (SLQD) and DFA Short-Duration Real Return Portfolio (DFAIX). 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
SLQD vs. DFAIX - Dividend Comparison
SLQD's dividend yield for the trailing twelve months is around 3.81%, less than DFAIX's 4.05% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SLQD iShares 0-5 Year Investment Grade Corporate Bond ETF | 3.81% | 3.71% | 2.99% | 2.00% | 1.54% | 2.32% | 2.89% | 2.55% | 1.98% | 1.81% | 1.43% | 1.24% |
DFAIX DFA Short-Duration Real Return Portfolio | 4.05% | 4.14% | 3.66% | 1.68% | 0.99% | 0.81% | 2.53% | 2.72% | 1.70% | 1.41% | 1.28% | 0.87% |
Drawdowns
SLQD vs. DFAIX - Drawdown Comparison
The maximum SLQD drawdown since its inception was -12.69%, which is greater than DFAIX's maximum drawdown of -5.63%. Use the drawdown chart below to compare losses from any high point for SLQD and DFAIX. For additional features, visit the drawdowns tool.
Volatility
SLQD vs. DFAIX - Volatility Comparison
iShares 0-5 Year Investment Grade Corporate Bond ETF (SLQD) has a higher volatility of 1.30% compared to DFA Short-Duration Real Return Portfolio (DFAIX) at 0.48%. This indicates that SLQD's price experiences larger fluctuations and is considered to be riskier than DFAIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.