SLQD vs. PSEC
Compare and contrast key facts about iShares 0-5 Year Investment Grade Corporate Bond ETF (SLQD) and Prospect Capital Corporation (PSEC).
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.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SLQD or PSEC.
Performance
SLQD vs. PSEC - Performance Comparison
Returns By Period
In the year-to-date period, SLQD achieves a 4.38% return, which is significantly higher than PSEC's -13.44% return. Over the past 10 years, SLQD has underperformed PSEC with an annualized return of 2.22%, while PSEC has yielded a comparatively higher 4.51% annualized return.
SLQD
4.38%
-0.16%
3.45%
6.57%
2.04%
2.22%
PSEC
-13.44%
-11.76%
-11.07%
-8.95%
4.82%
4.51%
Key characteristics
SLQD | PSEC | |
---|---|---|
Sharpe Ratio | 3.28 | -0.30 |
Sortino Ratio | 5.41 | -0.22 |
Omega Ratio | 1.71 | 0.96 |
Calmar Ratio | 3.97 | -0.23 |
Martin Ratio | 21.00 | -0.90 |
Ulcer Index | 0.32% | 8.91% |
Daily Std Dev | 2.02% | 26.36% |
Max Drawdown | -12.69% | -61.51% |
Current Drawdown | -0.68% | -28.26% |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Correlation
The correlation between SLQD and PSEC is 0.05, 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.
Risk-Adjusted Performance
SLQD vs. PSEC - 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 Prospect Capital Corporation (PSEC). 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. PSEC - Dividend Comparison
SLQD's dividend yield for the trailing twelve months is around 3.60%, less than PSEC's 15.48% yield.
TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
Prospect Capital Corporation | 15.48% | 12.02% | 10.30% | 9.27% | 13.31% | 11.18% | 11.41% | 13.41% | 11.93% | 14.67% | 16.04% | 11.76% |
Drawdowns
SLQD vs. PSEC - Drawdown Comparison
The maximum SLQD drawdown since its inception was -12.69%, smaller than the maximum PSEC drawdown of -61.51%. Use the drawdown chart below to compare losses from any high point for SLQD and PSEC. For additional features, visit the drawdowns tool.
Volatility
SLQD vs. PSEC - Volatility Comparison
The current volatility for iShares 0-5 Year Investment Grade Corporate Bond ETF (SLQD) is 0.49%, while Prospect Capital Corporation (PSEC) has a volatility of 17.16%. This indicates that SLQD experiences smaller price fluctuations and is considered to be less risky than PSEC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.