LQDH vs DWX

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

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

LQDH vs DWX - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

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

Net Assets

LQDH

$515M

Winner

DWX

$516M

Expense Ratio

Winner

LQDH

0.24%

DWX

0.45%

Max Drawdown

Winner

LQDH

28.17%

DWX

69.26%

Sharpe Ratio

LQDH

1.21

Winner

DWX

1.25

5Y Beta

Winner

LQDH

0.14

DWX

0.29

5Y Dividends CAGR

Winner

LQDH

24.33%

DWX

6.92%

LQDH vs DWX - Historical Returns

Returns include dividend reinvestment.

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

LQDH

+0.96%

Winner

DWX

+1.59%

LQDH

+3.69%

Winner

DWX

+4.77%

LQDH

+3.24%

Winner

DWX

+10.44%

LQDH

+7.38%

Winner

DWX

+16.53%

5Y(CAGR)

LQDH

+5.26%

Winner

DWX

+7.42%

10Y(CAGR)

LQDH

+4.68%

Winner

DWX

+7.77%

Max(CAGR)

Winner

LQDH

+3.58%

DWX

+2.67%

LQDH vs DWX - Annual Returns (2008 - 2026)

Returns include dividend reinvestment.

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

LQDH vs DWX Drawdown Comparison

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

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

The current DWX drawdown is -2.38%.

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

Correlation

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

0.92

-101

Dividend Comparison (2008 - 2026)

LQDH vs DWX dividend yield comparison.

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