LQDH vs GVIP

Comparison between ISHARES INTEREST RATE HEDGED CORPORATE BOND ETF (LQDH, ETF) and GOLDMAN SACHS HEDGE INDUSTRY VIP ETF (GVIP, ETF).

5-Year PerformanceGVIP has outperformed LQDH, delivering a return of +12.0% compared to +5.3%

LQDH vs GVIP - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	LQDH(ETF)	GVIP(ETF)
Net Assets	$506M	$505M
Expense Ratio	0.24%	0.45%
Max Drawdown	28.17%	37.10%
Sharpe Ratio	1.32	1.35
5Y Beta	0.14	1.19
P/E Ratio	N/A	53.18
Forward P/E	N/A	22.21
5Y Dividends CAGR	24.33%	48.90%
5Y EPS CAGR	N/A	21.97%
P/S Ratio	N/A	3.80
P/B Ratio	N/A	6.28

Net Assets

Winner

LQDH

$506M

GVIP

$505M

Expense Ratio

Winner

LQDH

0.24%

GVIP

0.45%

Max Drawdown

Winner

LQDH

28.17%

GVIP

37.10%

Sharpe Ratio

LQDH

1.32

Winner

GVIP

1.35

5Y Beta

Winner

LQDH

0.14

GVIP

1.19

P/E Ratio

LQDH

N/A

GVIP

53.18

Forward P/E

LQDH

N/A

GVIP

22.21

5Y Dividends CAGR

LQDH

24.33%

Winner

GVIP

48.90%

5Y EPS CAGR

LQDH

N/A

GVIP

21.97%

P/S Ratio

LQDH

N/A

GVIP

3.80

P/B Ratio

LQDH

N/A

GVIP

6.28

LQDH vs GVIP - Historical Returns

Returns include dividend reinvestment.

Period	LQDH	GVIP
1 month	+0.97%	+0.93%
3 months	+2.28%	+13.28%
6 months	+2.68%	+12.21%
1 year	+7.49%	+31.19%
5 years(CAGR)	+5.25%	+12.00%
10 years(CAGR)	+4.63%	+17.17%
Max(CAGR)	+3.55%	+17.17%

Winner

LQDH

+0.97%

GVIP

+0.93%

LQDH

+2.28%

Winner

GVIP

+13.28%

LQDH

+2.68%

Winner

GVIP

+12.21%

LQDH

+7.49%

Winner

GVIP

+31.19%

5Y(CAGR)

LQDH

+5.25%

Winner

GVIP

+12.00%

10Y(CAGR)

LQDH

+4.63%

Winner

GVIP

+17.17%

Max(CAGR)

LQDH

+3.55%

Winner

GVIP

+17.17%

LQDH vs GVIP - Annual Returns (2014 - 2026)

Returns include dividend reinvestment.

Year	LQDH	GVIP
2026	+2.20%	+10.71%
2025	+7.00%	+24.18%
2024	+7.80%	+31.42%
2023	+10.83%	+40.11%
2022	-2.00%	-32.35%
2021	+2.60%	+13.57%
2020	+2.05%	+42.47%
2019	+9.32%	+29.65%
2018	-1.83%	-8.03%
2017	+6.03%	+24.67%
2016	+5.89%	+7.97%
2015	-2.14%	N/A
2014	-1.86%	N/A

LQDH vs GVIP Drawdown Comparison

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

The maximum drawdown for GVIP was -37.09%, occurring on Oct 14, 2022. Recovery took 573 trading sessions.

The current LQDH drawdown is -0.20%. The current GVIP drawdown is -4.51%.

Rank	LQDH	GVIP
#1	-24.63% Dec 31, 2019 - Nov 19, 2020	-37.09% Nov 16, 2021 - Feb 29, 2024
#2	-9.64% Jul 16, 2014 - Dec 13, 2016	-36.63% Feb 19, 2020 - Jul 20, 2020
#3	-7.08% Nov 5, 2021 - Jan 26, 2023	-23.29% Feb 14, 2025 - Jun 26, 2025
#4	-4.86% Feb 19, 2025 - Jun 4, 2025	-21.47% Sep 20, 2018 - Apr 10, 2019
#5	-4.56% Oct 1, 2018 - Apr 8, 2019	-13.67% Feb 2, 2026 - Apr 14, 2026
#6	-2.94% Feb 2, 2023 - Jun 2, 2023	-10.25% Jul 16, 2024 - Aug 19, 2024
#7	-2.55% Jul 24, 2019 - Oct 18, 2019	-9.91% Apr 30, 2019 - Jul 26, 2019
#8	-2.44% Feb 1, 2018 - Aug 3, 2018	-9.66% Jan 26, 2018 - Mar 12, 2018
#9	-2.35% Jan 22, 2026 - Apr 15, 2026	-9.55% Jul 26, 2019 - Nov 18, 2019
#10	-2.20% Apr 26, 2019 - Jul 1, 2019	-9.08% Mar 12, 2018 - Jun 18, 2018
#11	-1.96% Feb 18, 2021 - Mar 31, 2021	-8.76% Sep 2, 2020 - Oct 13, 2020
#12	-1.81% Jul 10, 2024 - Aug 19, 2024	-7.59% Oct 13, 2020 - Nov 5, 2020
#13	-1.38% Sep 19, 2023 - Nov 10, 2023	-7.24% Oct 29, 2025 - Dec 10, 2025
#14	-1.22% Jul 21, 2017 - Sep 21, 2017	-7.10% Feb 16, 2021 - Apr 9, 2021
#15	-1.17% Dec 27, 2016 - Feb 21, 2017	-7.04% Apr 29, 2021 - Jun 23, 2021

Correlation

Correlation between LQDH and GVIP is 0.97 which considered as a very strong positive correlation - the stocks move almost identically together.

0.97

-101

Dividend Comparison (2014 - 2026)

LQDH vs GVIP dividend yield comparison.

Year	LQDH	GVIP
2026	2.41%	0.00%
2025	6.06%	0.34%
2024	7.57%	0.29%
2023	7.69%	0.77%
2022	3.73%	0.02%
2021	1.65%	0.00%
2020	2.22%	0.12%
2019	3.09%	0.77%
2018	5.08%	0.44%
2017	2.37%	0.45%
2016	2.33%	0.08%
2015	2.98%	0.00%
2014	2.19%	0.00%