UCRD vs. IGBH
UCRD (VictoryShares ESG Corporate Bond ETF) and IGBH (iShares Interest Rate Hedged Long-Term Corporate Bond ETF) are both Corporate Bonds funds. UCRD is actively managed, while IGBH is passively managed. Over the past 3 years, UCRD returned 5.69%/yr vs 9.02%/yr for IGBH. At a 0.26 correlation, their price movements are largely independent. UCRD charges 0.40%/yr vs 0.16%/yr for IGBH.
Performance
UCRD vs. IGBH - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, UCRD achieves a 0.63% return, which is significantly lower than IGBH's 2.44% return.
UCRD
- 1D
- 0.11%
- 1M
- 0.29%
- YTD
- 0.63%
- 6M
- 0.65%
- 1Y
- 5.67%
- 3Y*
- 5.69%
- 5Y*
- —
- 10Y*
- —
IGBH
- 1D
- 0.12%
- 1M
- 1.52%
- YTD
- 2.44%
- 6M
- 3.11%
- 1Y
- 9.11%
- 3Y*
- 9.02%
- 5Y*
- 5.30%
- 10Y*
- 5.04%
UCRD vs. IGBH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
UCRD VictoryShares ESG Corporate Bond ETF | 0.63% | 7.90% | 2.68% | 9.27% | -17.13% | 0.30% |
IGBH iShares Interest Rate Hedged Long-Term Corporate Bond ETF | 2.44% | 7.90% | 7.80% | 12.12% | -2.82% | -0.39% |
Correlation
The correlation between UCRD and IGBH is 0.44, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.44 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.27 |
Correlation (All Time) Calculated using the full available price history since Oct 6, 2021 | 0.26 |
The correlation between UCRD and IGBH shifts across timeframes, from 0.26 (all time) to 0.44 (1 year), reflecting how their relationship changes across market environments.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
UCRD vs. IGBH — Risk / Return Rank
UCRD
IGBH
UCRD vs. IGBH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for VictoryShares ESG Corporate Bond ETF (UCRD) and iShares Interest Rate Hedged Long-Term Corporate Bond ETF (IGBH). 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.
| UCRD | IGBH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.94 | ||
| Sortino ratioReturn per unit of downside risk | -1.45 | ||
| Omega ratioGain probability vs. loss probability | 1.23 | 1.44 | -0.20 |
| Calmar ratioReturn relative to maximum drawdown | 1.96 | 2.16 | -0.19 |
| Martin ratioReturn relative to average drawdown | 6.10 | 7.90 | -1.81 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| UCRD | IGBH | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.33 | 2.26 | -0.94 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.87 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.55 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.04 | 0.52 | -0.48 |
Drawdowns
UCRD vs. IGBH - Drawdown Comparison
The maximum UCRD drawdown since its inception was -22.37%, smaller than the maximum IGBH drawdown of -33.67%. Use the drawdown chart below to compare losses from any high point for UCRD and IGBH.
Loading charts...
Drawdown Indicators
| UCRD | IGBH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.37% | -33.67% | +11.30% |
Max Drawdown (1Y)Largest decline over 1 year | -2.90% | -4.24% | +1.34% |
Max Drawdown (3Y)Largest decline over 3 years | -6.54% | -6.93% | +0.39% |
Max Drawdown (5Y)Largest decline over 5 years | — | -10.48% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.67% | — |
Current DrawdownCurrent decline from peak | -1.02% | -0.07% | -0.95% |
Average DrawdownAverage peak-to-trough decline | -8.41% | -2.66% | -5.75% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.93% | 1.15% | -0.22% |
Volatility
UCRD vs. IGBH - Volatility Comparison
VictoryShares ESG Corporate Bond ETF (UCRD) has a higher volatility of 1.43% compared to iShares Interest Rate Hedged Long-Term Corporate Bond ETF (IGBH) at 0.82%. This indicates that UCRD's price experiences larger fluctuations and is considered to be riskier than IGBH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| UCRD | IGBH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.43% | 0.82% | +0.61% |
Volatility (6M)Calculated over the trailing 6-month period | 3.22% | 3.14% | +0.08% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.33% | 4.05% | +0.28% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 7.55% | 6.13% | +1.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.55% | 9.20% | -1.65% |
UCRD vs. IGBH - Expense Ratio Comparison
UCRD has a 0.40% expense ratio, which is higher than IGBH's 0.16% expense ratio.
Dividends
UCRD vs. IGBH - Dividend Comparison
UCRD's dividend yield for the trailing twelve months is around 4.18%, less than IGBH's 5.66% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IGBH iShares Interest Rate Hedged Long-Term Corporate Bond ETF | 5.66% | 6.23% | 6.88% | 7.32% | 3.84% | 2.71% | 2.39% | 3.40% | 5.56% | 2.87% | 2.62% | 1.12% |
UCRD VictoryShares ESG Corporate Bond ETF | 4.18% | 4.05% | 4.00% | 3.56% | 2.72% | 0.54% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
UCRD and IGBH have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
UCRD has higher volatility (1.43%) compared to IGBH (0.82%). In terms of maximum drawdown, UCRD dropped -22.37% vs IGBH's -33.67%.
On 3-year performance, IGBH leads with 9.02% vs 5.69% for UCRD. On fees, IGBH is cheaper at 0.16% per year. On volatility, IGBH has been the lower-risk option at 0.82%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 3-year period, IGBH has performed better with a 9.02% return vs 5.69%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IGBH is cheaper with a 0.16% expense ratio, compared with 0.40% for UCRD.
IGBH has the higher dividend yield at 5.66%, compared with 4.18% for UCRD.
They also come from different issuers: Victory and iShares. Their fees differ too: 0.40% for UCRD and 0.16% for IGBH.
IGBH currently has the higher Sharpe Ratio (2.26 vs 1.33), 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.
Find the right allocation for UCRD and IGBH
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer