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

Performance

SLQD vs. SCHJ - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares 0-5 Year Investment Grade Corporate Bond ETF (SLQD) and Schwab 1-5 Year Corporate Bond ETF (SCHJ). The values are adjusted to include any dividend payments, if applicable.

-100.00%-80.00%-60.00%-40.00%-20.00%0.00%JuneJulyAugustSeptemberOctoberNovember
3.43%
-100.00%
SLQD
SCHJ

Returns By Period

In the year-to-date period, SLQD achieves a 4.38% return, which is significantly lower than SCHJ's 5.54% return.


SLQD

YTD

4.38%

1M

-0.16%

6M

3.45%

1Y

6.57%

5Y (annualized)

2.04%

10Y (annualized)

2.22%

SCHJ

YTD

5.54%

1M

-0.15%

6M

4.52%

1Y

8.46%

5Y (annualized)

2.98%

10Y (annualized)

N/A

Key characteristics


SLQDSCHJ
Sharpe Ratio3.283.26
Sortino Ratio5.415.48
Omega Ratio1.711.70
Calmar Ratio3.970.09
Martin Ratio21.0020.51
Ulcer Index0.32%0.42%
Daily Std Dev2.02%2.63%
Max Drawdown-12.69%-100.00%
Current Drawdown-0.68%-100.00%

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SLQD vs. SCHJ - Expense Ratio Comparison

SLQD has a 0.06% expense ratio, which is higher than SCHJ's 0.05% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


SLQD
iShares 0-5 Year Investment Grade Corporate Bond ETF
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%
Expense ratio chart for SCHJ: current value at 0.05% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.05%

Correlation

-0.50.00.51.00.9

The correlation between SLQD and SCHJ is 0.88, 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.

Risk-Adjusted Performance

SLQD vs. SCHJ - 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 Schwab 1-5 Year Corporate Bond ETF (SCHJ). 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.


Sharpe ratio
The chart of Sharpe ratio for SLQD, currently valued at 3.28, compared to the broader market0.002.004.003.283.26
The chart of Sortino ratio for SLQD, currently valued at 5.41, compared to the broader market-2.000.002.004.006.008.0010.005.415.48
The chart of Omega ratio for SLQD, currently valued at 1.71, compared to the broader market0.501.001.502.002.503.001.711.70
The chart of Calmar ratio for SLQD, currently valued at 3.97, compared to the broader market0.005.0010.0015.003.970.09
The chart of Martin ratio for SLQD, currently valued at 21.00, compared to the broader market0.0020.0040.0060.0080.00100.0021.0020.51
SLQD
SCHJ

The current SLQD Sharpe Ratio is 3.28, which is comparable to the SCHJ Sharpe Ratio of 3.26. The chart below compares the historical Sharpe Ratios of SLQD and SCHJ, 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 Ratio2.002.503.003.504.00JuneJulyAugustSeptemberOctoberNovember
3.28
3.26
SLQD
SCHJ

Dividends

SLQD vs. SCHJ - Dividend Comparison

SLQD's dividend yield for the trailing twelve months is around 3.60%, less than SCHJ's 6.42% 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%
SCHJ
Schwab 1-5 Year Corporate Bond ETF
6.42%4.31%2.39%1.25%4.03%0.54%0.00%0.00%0.00%0.00%0.00%0.00%

Drawdowns

SLQD vs. SCHJ - Drawdown Comparison

The maximum SLQD drawdown since its inception was -12.69%, smaller than the maximum SCHJ drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for SLQD and SCHJ. For additional features, visit the drawdowns tool.


-100.00%-80.00%-60.00%-40.00%-20.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.68%
-100.00%
SLQD
SCHJ

Volatility

SLQD vs. SCHJ - Volatility Comparison

The current volatility for iShares 0-5 Year Investment Grade Corporate Bond ETF (SLQD) is 0.49%, while Schwab 1-5 Year Corporate Bond ETF (SCHJ) has a volatility of 0.63%. This indicates that SLQD experiences smaller price fluctuations and is considered to be less risky than SCHJ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.30%0.40%0.50%0.60%0.70%0.80%0.90%JuneJulyAugustSeptemberOctoberNovember
0.49%
0.63%
SLQD
SCHJ