iShares iBoxx $ Investment Grade Corporate Bond ETF
$103.71−0.16 (−0.15%)
- 0.14%
- $32B
- −1.8%
- 4.84%
- 31M sh
- low $101.20high $112.06
The ETF.net LQD Grade
A
Score 79 out of 100
- 6 of 49
Score 79 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A85 out of 100Rank 7 of 49Mission
Whether the fund did what it promised, tested against its stated mandate.A93 out of 100Rank 29 of 45Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D33 out of 100Rank 43 of 49Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A82 out of 100Rank 7 of 49Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A90 out of 100Rank 3 of 49Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A94 out of 100Rank 1 of 49
Our read on LQD
In short
AOne of the first bond ETFs ever launched (2002) and still the ticker traders reach for on corporate credit. Its index takes only big, widely held investment-grade bonds, so you own the liquid end of the market.
Stated mandate
The fund seeks to track an index of U.S. dollar-denominated investment-grade corporate bonds.
Why people hold it
Worth knowing
LQD Holdings
- Bonds
- 3,192
- 2%
- Blk Csh Fnd Treasury Sl Agency
Sectors
- Banking26.7%
- Health Care13.8%
- Communications12.5%
- Energy9.2%
- Consumer Discretionary8.8%
- Consumer Non-Cyclical6.1%
- Capital Goods5.5%
- Electric5.1%
- Insurance5.1%
- Basic Industry1.9%
- Transportation1.6%
- Brokerage/Asset Managers/Exchanges1.3%
- Reits1.0%
- Finance Companies0.9%
- Natural Gas0.3%
- Owned No Guarantee0.1%
Geography
- United States88.11%
- United Kingdom3.43%
- Canada2.39%
- Japan1.98%
- Netherlands0.75%
- Spain0.70%
- Australia0.61%
- Singapore0.55%
- 1.48%
LQD Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
LQD$9,821
Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | LQD |
|---|---|
| Year to date | −2.0% |
| 1 month | +2.5% |
| 3 months | −0.6% |
| 1 year | −1.8% |
| 3 years | +6.4% |
| 5 years | −0.9% |
| 10 years | +2.1% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | LQD |
|---|---|---|
| 2026 YTD | −2.0% | |
| 2025 | +7.9% | |
| 2024 | +0.9% | |
| 2023 | +9.4% | |
| 2022 | −17.9% | |
| 2021 | −1.8% | |
| 2020 | +11.0% |
LQD in the news
LQD Dividends
- 4.84%
- $5.05
- $0.44 per share
- Monthly
LQD Risk
- 7.7%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.26
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −24.5%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.34
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
LQD Cost
Overpaying vs SPBO, tied cheapest in Investment Grade Corporate
$2,294
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
LQD 0.14%
$2,932
SPBO 0.03% Tied cheapest
$638
Cost over time
Year by year
| Year | LQD | SPBO | Overpaying |
|---|---|---|---|
| 10 | $256 | $55 | $201 |
| 20 | $1,000 | $216 | $784 |
| 30 | $2,932 | $638 | $2,294 |
Other funds in Investment Grade Corporate
- AQLTAiShares Aaa - A Rated Corporate Bond ETFExpense ratio 0.15%1 year return −0.9%
- AIGEBiShares Investment Grade Systematic Bond ETFExpense ratio 0.18%1 year return −0.4%
- ASKORNorthern Trust Credit-Scored US Corporate Bond ETFExpense ratio 0.15%1 year return +0.7%
- AVCEBVanguard ESG U.S. Corporate Bond ETFExpense ratio 0.12%1 year return −1.2%
- ALQDBiShares BBB Rated Corporate Bond ETFExpense ratio 0.15%1 year return −0.2%
