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

Correlation

The correlation between SLQD and SHY is -0.10. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


-0.50.00.51.0
Correlation: -0.1

Performance

SLQD vs. SHY - 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 iShares 1-3 Year Treasury Bond ETF (SHY). The values are adjusted to include any dividend payments, if applicable.

15.00%20.00%25.00%30.00%NovemberDecember2025FebruaryMarchApril
30.18%
16.16%
SLQD
SHY

Key characteristics

Sharpe Ratio

SLQD:

3.29

SHY:

3.71

Sortino Ratio

SLQD:

5.12

SHY:

6.55

Omega Ratio

SLQD:

1.78

SHY:

1.84

Calmar Ratio

SLQD:

7.47

SHY:

6.25

Martin Ratio

SLQD:

22.91

SHY:

17.97

Ulcer Index

SLQD:

0.30%

SHY:

0.34%

Daily Std Dev

SLQD:

2.08%

SHY:

1.63%

Max Drawdown

SLQD:

-12.69%

SHY:

-5.73%

Current Drawdown

SLQD:

0.00%

SHY:

0.00%

Returns By Period

The year-to-date returns for both stocks are quite close, with SLQD having a 2.12% return and SHY slightly lower at 2.04%. Over the past 10 years, SLQD has outperformed SHY with an annualized return of 2.34%, while SHY has yielded a comparatively lower 1.40% annualized return.


SLQD

YTD

2.12%

1M

0.64%

6M

2.59%

1Y

7.01%

5Y*

2.27%

10Y*

2.34%

SHY

YTD

2.04%

1M

0.78%

6M

2.53%

1Y

6.17%

5Y*

1.10%

10Y*

1.40%

*Annualized

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SLQD vs. SHY - Expense Ratio Comparison

SLQD has a 0.06% expense ratio, which is lower than SHY's 0.15% 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%.


Expense ratio chart for SHY: current value is 0.15%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
SHY: 0.15%
Expense ratio chart for SLQD: current value is 0.06%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
SLQD: 0.06%

Risk-Adjusted Performance

SLQD vs. SHY — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SLQD
The Risk-Adjusted Performance Rank of SLQD is 9898
Overall Rank
The Sharpe Ratio Rank of SLQD is 9898
Sharpe Ratio Rank
The Sortino Ratio Rank of SLQD is 9898
Sortino Ratio Rank
The Omega Ratio Rank of SLQD is 9898
Omega Ratio Rank
The Calmar Ratio Rank of SLQD is 9898
Calmar Ratio Rank
The Martin Ratio Rank of SLQD is 9898
Martin Ratio Rank

SHY
The Risk-Adjusted Performance Rank of SHY is 9898
Overall Rank
The Sharpe Ratio Rank of SHY is 9999
Sharpe Ratio Rank
The Sortino Ratio Rank of SHY is 9999
Sortino Ratio Rank
The Omega Ratio Rank of SHY is 9898
Omega Ratio Rank
The Calmar Ratio Rank of SHY is 9898
Calmar Ratio Rank
The Martin Ratio Rank of SHY is 9797
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

SLQD vs. SHY - 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 1-3 Year Treasury Bond ETF (SHY). 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.


The chart of Sharpe ratio for SLQD, currently valued at 3.29, compared to the broader market-1.000.001.002.003.004.00
SLQD: 3.29
SHY: 3.71
The chart of Sortino ratio for SLQD, currently valued at 5.12, compared to the broader market-2.000.002.004.006.008.00
SLQD: 5.12
SHY: 6.55
The chart of Omega ratio for SLQD, currently valued at 1.78, compared to the broader market0.501.001.502.002.50
SLQD: 1.78
SHY: 1.84
The chart of Calmar ratio for SLQD, currently valued at 7.47, compared to the broader market0.002.004.006.008.0010.0012.00
SLQD: 7.47
SHY: 6.25
The chart of Martin ratio for SLQD, currently valued at 22.91, compared to the broader market0.0020.0040.0060.00
SLQD: 22.91
SHY: 17.97

The current SLQD Sharpe Ratio is 3.29, which is comparable to the SHY Sharpe Ratio of 3.71. The chart below compares the historical Sharpe Ratios of SLQD and SHY, 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 Ratio2.002.503.003.504.00NovemberDecember2025FebruaryMarchApril
3.29
3.71
SLQD
SHY

Dividends

SLQD vs. SHY - Dividend Comparison

SLQD's dividend yield for the trailing twelve months is around 3.81%, less than SHY's 3.94% yield.


TTM20242023202220212020201920182017201620152014
SLQD
iShares 0-5 Year Investment Grade Corporate Bond ETF
3.81%3.71%2.99%2.00%1.54%2.32%2.89%2.55%1.98%1.81%1.43%1.24%
SHY
iShares 1-3 Year Treasury Bond ETF
3.94%3.92%2.99%1.30%0.24%0.94%2.12%1.72%0.98%0.71%0.54%0.36%

Drawdowns

SLQD vs. SHY - Drawdown Comparison

The maximum SLQD drawdown since its inception was -12.69%, which is greater than SHY's maximum drawdown of -5.73%. Use the drawdown chart below to compare losses from any high point for SLQD and SHY. For additional features, visit the drawdowns tool.


-1.00%-0.80%-0.60%-0.40%-0.20%0.00%NovemberDecember2025FebruaryMarchApril00
SLQD
SHY

Volatility

SLQD vs. SHY - Volatility Comparison

iShares 0-5 Year Investment Grade Corporate Bond ETF (SLQD) has a higher volatility of 1.30% compared to iShares 1-3 Year Treasury Bond ETF (SHY) at 0.56%. This indicates that SLQD's price experiences larger fluctuations and is considered to be riskier than SHY 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%NovemberDecember2025FebruaryMarchApril
1.30%
0.56%
SLQD
SHY