SLQD vs. LDUR
SLQD (iShares 0-5 Year Investment Grade Corporate Bond ETF) and LDUR (PIMCO Enhanced Low Duration Active ETF) are both exchange-traded funds - SLQD is a Corporate Bonds fund tracking the Markit iBoxx USD Liquid Investment Grade 0-5 Index, while LDUR is a Short-Term Bond fund actively managed by PIMCO. SLQD is passively managed, while LDUR is actively managed. Over the past 10 years, SLQD returned 2.66%/yr vs 2.44%/yr for LDUR. At a 0.42 correlation, their price movements are largely independent. SLQD charges 0.06%/yr vs 0.54%/yr for LDUR.
Performance
SLQD vs. LDUR - Performance Comparison
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Returns By Period
As of year-to-date, both investments have demonstrated similar returns, with SLQD at 0.93% and LDUR at 0.93%. Over the past 10 years, SLQD has outperformed LDUR with an annualized return of 2.66%, while LDUR has yielded a comparatively lower 2.44% annualized return.
SLQD
- 1D
- 0.09%
- 1M
- 0.26%
- YTD
- 0.93%
- 6M
- 1.31%
- 1Y
- 4.39%
- 3Y*
- 5.39%
- 5Y*
- 2.54%
- 10Y*
- 2.66%
LDUR
- 1D
- 0.02%
- 1M
- 0.09%
- YTD
- 0.93%
- 6M
- 1.34%
- 1Y
- 4.22%
- 3Y*
- 5.12%
- 5Y*
- 2.23%
- 10Y*
- 2.44%
SLQD vs. LDUR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SLQD iShares 0-5 Year Investment Grade Corporate Bond ETF | 0.93% | 6.27% | 4.94% | 5.98% | -4.38% | -0.61% | 4.76% | 6.09% | 1.09% | 2.12% |
LDUR PIMCO Enhanced Low Duration Active ETF | 0.93% | 5.76% | 5.14% | 4.78% | -4.23% | -0.55% | 4.49% | 4.27% | 1.05% | 2.06% |
Correlation
The correlation between SLQD and LDUR is 0.72, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.72 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.69 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.63 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.49 |
Correlation (All Time) Calculated using the full available price history since Jan 24, 2014 | 0.42 |
Over the past year, SLQD and LDUR have become more correlated (0.72) than their long-term average of 0.42, meaning their price movements have been converging.
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Return for Risk
SLQD vs. LDUR — Risk / Return Rank
SLQD
LDUR
SLQD vs. LDUR - 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 PIMCO Enhanced Low Duration Active ETF (LDUR). 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 | LDUR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.24 | ||
| Sortino ratioReturn per unit of downside risk | +0.64 | ||
| Omega ratioGain probability vs. loss probability | 1.61 | 1.54 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 4.15 | 4.54 | -0.39 |
| Martin ratioReturn relative to average drawdown | 18.88 | 21.98 | -3.10 |
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 | LDUR | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.98 | 2.74 | +0.24 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.04 | 1.10 | -0.06 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.85 | 0.88 | -0.03 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.85 | 0.87 | -0.02 |
Drawdowns
SLQD vs. LDUR - Drawdown Comparison
The maximum SLQD drawdown since its inception was -12.69%, which is greater than LDUR's maximum drawdown of -8.68%. Use the drawdown chart below to compare losses from any high point for SLQD and LDUR.
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Drawdown Indicators
| SLQD | LDUR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -12.69% | -8.68% | -4.01% |
Max Drawdown (1Y)Largest decline over 1 year | -1.06% | -0.93% | -0.13% |
Max Drawdown (3Y)Largest decline over 3 years | -1.06% | -1.17% | +0.11% |
Max Drawdown (5Y)Largest decline over 5 years | -7.63% | -6.75% | -0.88% |
Max Drawdown (10Y)Largest decline over 10 years | -12.69% | -8.68% | -4.01% |
Current DrawdownCurrent decline from peak | -0.04% | -0.02% | -0.02% |
Average DrawdownAverage peak-to-trough decline | -0.87% | -0.85% | -0.02% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.23% | 0.19% | +0.04% |
Volatility
SLQD vs. LDUR - Volatility Comparison
iShares 0-5 Year Investment Grade Corporate Bond ETF (SLQD) has a higher volatility of 0.46% compared to PIMCO Enhanced Low Duration Active ETF (LDUR) at 0.43%. This indicates that SLQD's price experiences larger fluctuations and is considered to be riskier than LDUR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SLQD | LDUR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.46% | 0.43% | +0.03% |
Volatility (6M)Calculated over the trailing 6-month period | 1.09% | 1.08% | +0.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.49% | 1.55% | -0.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.44% | 2.03% | +0.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.14% | 2.77% | +0.37% |
SLQD vs. LDUR - Expense Ratio Comparison
SLQD has a 0.06% expense ratio, which is lower than LDUR's 0.54% expense ratio.
Dividends
SLQD vs. LDUR - Dividend Comparison
SLQD's dividend yield for the trailing twelve months is around 4.32%, which matches LDUR's 4.35% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
LDUR PIMCO Enhanced Low Duration Active ETF | 4.35% | 4.60% | 4.77% | 4.11% | 2.22% | 0.90% | 2.15% | 3.14% | 2.66% | 2.08% | 1.85% | 2.92% |
SLQD iShares 0-5 Year Investment Grade Corporate Bond ETF | 4.32% | 4.15% | 3.71% | 2.99% | 2.00% | 1.67% | 2.34% | 2.89% | 2.55% | 1.98% | 1.81% | 1.43% |
Frequently Asked Questions
SLQD and LDUR have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
SLQD has higher volatility (0.46%) compared to LDUR (0.43%). In terms of maximum drawdown, SLQD dropped -12.69% vs LDUR's -8.68%.
On 10-year performance, SLQD leads with 2.66% vs 2.44% for LDUR. On fees, SLQD is cheaper at 0.06% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, SLQD has performed better with a 2.66% return vs 2.44%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
SLQD is cheaper with a 0.06% expense ratio, compared with 0.54% for LDUR.
LDUR has the higher dividend yield at 4.35%, compared with 4.32% for SLQD.
SLQD is categorized as Corporate Bonds, while LDUR is Short-Term Bond. They also come from different issuers: iShares and PIMCO. Their fees differ too: 0.06% for SLQD and 0.54% for LDUR.
SLQD currently has the higher Sharpe Ratio (2.98 vs 2.74), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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