DWX vs LQDH

Comparison between STATE STREET(R) SPDR(R) S&P(R) INTERNATIONAL DIVIDEND ETF (DWX, ETF) and ISHARES INTEREST RATE HEDGED CORPORATE BOND ETF (LQDH, ETF).

5-Year PerformanceDWX has outperformed LQDH, delivering a return of +7.4% compared to +5.3%

DWX vs LQDH - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	DWX(ETF)	LQDH(ETF)
Net Assets	$516M	$515M
Expense Ratio	0.45%	0.24%
Max Drawdown	69.26%	28.17%
Sharpe Ratio	1.25	1.21
5Y Beta	0.29	0.14
5Y Dividends CAGR	6.92%	24.33%

Net Assets

Winner

DWX

$516M

LQDH

$515M

Expense Ratio

DWX

0.45%

Winner

LQDH

0.24%

Max Drawdown

DWX

69.26%

Winner

LQDH

28.17%

Sharpe Ratio

Winner

DWX

1.25

LQDH

1.21

5Y Beta

DWX

0.29

Winner

LQDH

0.14

5Y Dividends CAGR

DWX

6.92%

Winner

LQDH

24.33%

DWX vs LQDH - Historical Returns

Returns include dividend reinvestment.

Period	DWX	LQDH
1 month	+1.59%	+0.96%
3 months	+4.77%	+3.69%
6 months	+10.44%	+3.24%
1 year	+16.53%	+7.38%
5 years(CAGR)	+7.42%	+5.26%
10 years(CAGR)	+7.77%	+4.68%
Max(CAGR)	+2.67%	+3.58%

Winner

DWX

+1.59%

LQDH

+0.96%

Winner

DWX

+4.77%

LQDH

+3.69%

Winner

DWX

+10.44%

LQDH

+3.24%

Winner

DWX

+16.53%

LQDH

+7.38%

5Y(CAGR)

Winner

DWX

+7.42%

LQDH

+5.26%

10Y(CAGR)

Winner

DWX

+7.77%

LQDH

+4.68%

Max(CAGR)

DWX

+2.67%

Winner

LQDH

+3.58%

DWX vs LQDH - Annual Returns (2008 - 2026)

Returns include dividend reinvestment.

Year	DWX	LQDH
2026	+7.88%	+2.57%
2025	+32.02%	+7.00%
2024	+3.23%	+7.80%
2023	+13.88%	+10.83%
2022	-13.45%	-2.00%
2021	+10.20%	+2.60%
2020	-5.34%	+2.05%
2019	+20.56%	+9.32%
2018	-11.46%	-1.83%
2017	+18.47%	+6.03%
2016	+15.56%	+5.89%
2015	-16.26%	-2.14%
2014	-4.75%	-1.86%
2013	+4.69%	N/A
2012	+7.58%	N/A
2011	-11.58%	N/A
2010	+4.49%	N/A
2009	+56.82%	N/A
2008	-48.27%	N/A

DWX vs LQDH Drawdown Comparison

The maximum drawdown for DWX was -66.88%, occurring on Mar 9, 2009. Recovery took 2923 trading sessions.

The maximum drawdown for LQDH was -24.63%, occurring on Mar 20, 2020. Recovery took 225 trading sessions.

The current DWX drawdown is -2.38%.

Rank	DWX	LQDH
#1	-66.88% May 16, 2008 - Dec 26, 2019	-24.63% Dec 31, 2019 - Nov 19, 2020
#2	-36.04% Feb 19, 2020 - Apr 15, 2021	-9.64% Jul 16, 2014 - Dec 13, 2016
#3	-26.96% Aug 16, 2021 - Jul 12, 2024	-7.08% Nov 5, 2021 - Jan 26, 2023
#4	-10.65% Sep 27, 2024 - Mar 25, 2025	-4.86% Feb 19, 2025 - Jun 4, 2025
#5	-10.40% Feb 27, 2008 - May 16, 2008	-4.56% Oct 1, 2018 - Apr 8, 2019
#6	-8.59% Feb 27, 2026 - Mar 20, 2026	-2.94% Feb 2, 2023 - Jun 2, 2023
#7	-6.68% Apr 3, 2025 - Apr 14, 2025	-2.55% Jul 24, 2019 - Oct 18, 2019
#8	-3.80% May 6, 2025 - May 23, 2025	-2.44% Feb 1, 2018 - Aug 3, 2018
#9	-3.74% Jun 15, 2021 - Aug 13, 2021	-2.35% Jan 22, 2026 - Apr 15, 2026
#10	-2.98% Jul 1, 2025 - Aug 12, 2025	-2.20% Apr 26, 2019 - Jul 1, 2019
#11	-2.93% Sep 16, 2025 - Oct 23, 2025	-1.96% Feb 18, 2021 - Mar 31, 2021
#12	-2.85% Jul 31, 2024 - Aug 13, 2024	-1.81% Jul 10, 2024 - Aug 19, 2024
#13	-2.84% Nov 12, 2025 - Nov 26, 2025	-1.38% Sep 19, 2023 - Nov 10, 2023
#14	-2.54% Oct 24, 2025 - Nov 11, 2025	-1.22% Jul 21, 2017 - Sep 21, 2017
#15	-2.36% May 7, 2021 - May 24, 2021	-1.17% Dec 27, 2016 - Feb 21, 2017

Correlation

Correlation between DWX and LQDH is 0.92 which considered as a very strong positive correlation - the stocks move almost identically together.

0.92

-101

Dividend Comparison (2008 - 2026)

DWX vs LQDH dividend yield comparison.

Year	DWX	LQDH
2026	0.46%	2.40%
2025	4.44%	6.06%
2024	4.31%	7.57%
2023	4.12%	7.69%
2022	4.68%	3.73%
2021	3.89%	1.65%
2020	3.84%	2.22%
2019	4.40%	3.09%
2018	5.06%	5.08%
2017	3.85%	2.37%
2016	5.25%	2.33%
2015	5.81%	2.98%
2014	6.02%	2.19%
2013	6.85%	0.00%
2012	6.19%	0.00%
2011	7.08%	0.00%
2010	4.21%	0.00%
2009	3.48%	0.00%
2008	13.27%	0.00%