SLQD vs. ISDB
Compare and contrast key facts about iShares 0-5 Year Investment Grade Corporate Bond ETF (SLQD) and Invesco Short Duration Bond ETF (ISDB).
SLQD and ISDB 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. ISDB is an actively managed fund by Invesco. It was launched on Dec 5, 2022.
Performance
SLQD vs. ISDB - Performance Comparison
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SLQD vs. ISDB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|---|
SLQD iShares 0-5 Year Investment Grade Corporate Bond ETF | 0.29% | 6.27% | 4.94% | 5.98% | -0.10% |
ISDB Invesco Short Duration Bond ETF | 0.15% | 6.23% | 5.35% | 5.17% | 0.01% |
Returns By Period
In the year-to-date period, SLQD achieves a 0.29% return, which is significantly higher than ISDB's 0.15% 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%
ISDB
- 1D
- 0.17%
- 1M
- -0.66%
- YTD
- 0.15%
- 6M
- 1.63%
- 1Y
- 4.84%
- 3Y*
- 5.44%
- 5Y*
- —
- 10Y*
- —
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SLQD vs. ISDB - Expense Ratio Comparison
SLQD has a 0.06% expense ratio, which is lower than ISDB's 0.36% expense ratio.
Return for Risk
SLQD vs. ISDB — Risk / Return Rank
SLQD
ISDB
SLQD vs. ISDB - 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 Invesco Short Duration Bond ETF (ISDB). 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 | ISDB | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 2.48 | 3.34 | -0.86 |
Sortino ratioReturn per unit of downside risk | 3.70 | 5.13 | -1.43 |
Omega ratioGain probability vs. loss probability | 1.56 | 1.77 | -0.21 |
Calmar ratioReturn relative to maximum drawdown | 4.50 | 4.30 | +0.20 |
Martin ratioReturn relative to average drawdown | 18.76 | 19.53 | -0.77 |
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 | ISDB | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.48 | 3.34 | -0.86 |
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 | 2.75 | -1.91 |
Correlation
The correlation between SLQD and ISDB is 0.82, 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. ISDB - Dividend Comparison
SLQD's dividend yield for the trailing twelve months is around 4.22%, less than ISDB's 4.69% 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% |
ISDB Invesco Short Duration Bond ETF | 4.69% | 4.89% | 5.50% | 5.20% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
SLQD vs. ISDB - Drawdown Comparison
The maximum SLQD drawdown since its inception was -12.69%, which is greater than ISDB's maximum drawdown of -1.83%. Use the drawdown chart below to compare losses from any high point for SLQD and ISDB.
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Drawdown Indicators
| SLQD | ISDB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.69% | -1.83% | -10.86% |
Max Drawdown (1Y)Largest decline over 1 year | -1.06% | -1.12% | +0.06% |
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% | -0.70% | +0.11% |
Average DrawdownAverage peak-to-trough decline | -0.88% | -0.26% | -0.62% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.26% | 0.25% | +0.01% |
Volatility
SLQD vs. ISDB - Volatility Comparison
The current volatility for iShares 0-5 Year Investment Grade Corporate Bond ETF (SLQD) is 0.73%, while Invesco Short Duration Bond ETF (ISDB) has a volatility of 0.77%. This indicates that SLQD experiences smaller price fluctuations and is considered to be less risky than ISDB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SLQD | ISDB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.73% | 0.77% | -0.04% |
Volatility (6M)Calculated over the trailing 6-month period | 1.00% | 1.05% | -0.05% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.92% | 1.46% | +0.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.43% | 1.87% | +0.56% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.14% | 1.87% | +1.27% |