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SLQD vs. GVI
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


SLQDGVI
YTD Return4.38%2.50%
1Y Return7.43%6.58%
3Y Return (Ann)1.88%-0.43%
5Y Return (Ann)2.04%0.65%
10Y Return (Ann)2.23%1.51%
Sharpe Ratio3.551.77
Sortino Ratio6.022.72
Omega Ratio1.801.33
Calmar Ratio3.070.69
Martin Ratio25.106.89
Ulcer Index0.30%0.95%
Daily Std Dev2.10%3.71%
Max Drawdown-12.69%-12.93%
Current Drawdown-0.68%-3.53%

Correlation

-0.50.00.51.00.7

The correlation between SLQD and GVI is 0.69, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Performance

SLQD vs. GVI - Performance Comparison

In the year-to-date period, SLQD achieves a 4.38% return, which is significantly higher than GVI's 2.50% return. Over the past 10 years, SLQD has outperformed GVI with an annualized return of 2.23%, while GVI has yielded a comparatively lower 1.51% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


0.00%1.00%2.00%3.00%4.00%5.00%JuneJulyAugustSeptemberOctoberNovember
3.45%
2.99%
SLQD
GVI

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SLQD vs. GVI - Expense Ratio Comparison

SLQD has a 0.06% expense ratio, which is lower than GVI's 0.20% 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%.


GVI
iShares Intermediate Government/Credit Bond ETF
Expense ratio chart for GVI: current value at 0.20% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.20%
Expense ratio chart for SLQD: current value at 0.06% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.06%

Risk-Adjusted Performance

SLQD vs. GVI - 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 iShares Intermediate Government/Credit Bond ETF (GVI). 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
Sharpe ratio
The chart of Sharpe ratio for SLQD, currently valued at 3.55, compared to the broader market-2.000.002.004.006.003.55
Sortino ratio
The chart of Sortino ratio for SLQD, currently valued at 6.02, compared to the broader market-2.000.002.004.006.008.0010.0012.006.02
Omega ratio
The chart of Omega ratio for SLQD, currently valued at 1.80, compared to the broader market1.001.502.002.503.001.80
Calmar ratio
The chart of Calmar ratio for SLQD, currently valued at 3.07, compared to the broader market0.005.0010.0015.003.07
Martin ratio
The chart of Martin ratio for SLQD, currently valued at 25.10, compared to the broader market0.0020.0040.0060.0080.00100.0025.10
GVI
Sharpe ratio
The chart of Sharpe ratio for GVI, currently valued at 1.77, compared to the broader market-2.000.002.004.006.001.77
Sortino ratio
The chart of Sortino ratio for GVI, currently valued at 2.72, compared to the broader market-2.000.002.004.006.008.0010.0012.002.72
Omega ratio
The chart of Omega ratio for GVI, currently valued at 1.33, compared to the broader market1.001.502.002.503.001.33
Calmar ratio
The chart of Calmar ratio for GVI, currently valued at 0.69, compared to the broader market0.005.0010.0015.000.69
Martin ratio
The chart of Martin ratio for GVI, currently valued at 6.89, compared to the broader market0.0020.0040.0060.0080.00100.006.89

SLQD vs. GVI - Sharpe Ratio Comparison

The current SLQD Sharpe Ratio is 3.55, which is higher than the GVI Sharpe Ratio of 1.77. The chart below compares the historical Sharpe Ratios of SLQD and GVI, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00JuneJulyAugustSeptemberOctoberNovember
3.55
1.77
SLQD
GVI

Dividends

SLQD vs. GVI - Dividend Comparison

SLQD's dividend yield for the trailing twelve months is around 3.60%, more than GVI's 3.33% yield.


TTM20232022202120202019201820172016201520142013
SLQD
iShares 0-5 Year Investment Grade Corporate Bond ETF
3.60%2.99%2.00%1.67%2.34%2.89%2.56%1.98%1.81%1.43%1.24%0.23%
GVI
iShares Intermediate Government/Credit Bond ETF
3.33%2.75%1.86%1.46%1.84%2.29%2.16%1.91%1.77%1.75%1.72%1.77%

Drawdowns

SLQD vs. GVI - Drawdown Comparison

The maximum SLQD drawdown since its inception was -12.69%, roughly equal to the maximum GVI drawdown of -12.93%. Use the drawdown chart below to compare losses from any high point for SLQD and GVI. For additional features, visit the drawdowns tool.


-7.00%-6.00%-5.00%-4.00%-3.00%-2.00%-1.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.68%
-3.53%
SLQD
GVI

Volatility

SLQD vs. GVI - Volatility Comparison

The current volatility for iShares 0-5 Year Investment Grade Corporate Bond ETF (SLQD) is 0.54%, while iShares Intermediate Government/Credit Bond ETF (GVI) has a volatility of 0.94%. This indicates that SLQD experiences smaller price fluctuations and is considered to be less risky than GVI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.40%0.60%0.80%1.00%1.20%JuneJulyAugustSeptemberOctoberNovember
0.54%
0.94%
SLQD
GVI