iShares iBoxx $ Investment Grade Corporate Bond ETF
$103.81−1.28 (−1.22%)
- Expense ratio
- 0.14%
- Fund size
- $28.0B
- 1Y return
- −1.3%
- Yield · Last 12 months
- 4.77%
- Holdings
- 3172
- Volume · 30D
- 28.1M sh
- NAV per share
- $105.03
- 52W range
The ETF.net LQD Grade
Score 81 of 100 sits in the A band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.AScore 88Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 93Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.DScore 35Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 88Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 89Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.AScore 94Category rank
Our read on LQD
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.
The fund seeks to track an index of U.S. dollar-denominated investment-grade corporate bonds.
Why people hold it
- Costs 0.14% a year, under the 0.19% median for investment-grade corporate bond funds in its group.
- The index is a liquidity filter: bonds need $750M+ outstanding from issuers with $2B+ of debt, and no single issuer gets more than 3% of the basket.cdn.ihs.com
- Running since 2002 and now a multi-billion-dollar fund that trades heavily, so getting in and out is rarely the hard part.
- Tracks its benchmark closely, which is the entire job of an index bond fund, and pays interest monthly.
Worth knowing
- Rivals run cheaper: VCIT, USIG, SPIB, IGIB and IGSB all charge 0.03% to 0.04%. You pay up here for the liquid-index rules and the trading depth.
- The index holds bonds with at least three years left and no maturity ceiling, so long-dated debt is in the mix and prices swing more when rates move.cdn.ihs.com
- This is corporate credit, not Treasuries. The rating floor is the bottom rung of investment grade (BBB-/Baa3), so credit spreads are part of the ride.cdn.ihs.com
LQD Holdings
- Bonds
- 3,172
- 2%
- BLK CSH FND TREASURY SL AGENCY
Geography
- United States87.90%
- United Kingdom3.53%
- Canada2.42%
- Japan1.92%
- Netherlands0.75%
- Spain0.69%
- Australia0.60%
- Singapore0.59%
- 1.60%
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$9,869
Returns run to the Sep 22, 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 | −1.6% |
| 1 month | −0.4% |
| 3 months | −2.2% |
| 1 year | −1.3% |
| 3 years | +5.0% |
| 5 years | −1.2% |
| 10 years | +2.0% |
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 | −1.6% | |
| 2025 | +7.9% | |
| 2024 | +0.9% | |
| 2023 | +9.4% | |
| 2022 | −17.9% | |
| 2021 | −1.8% | |
| 2020 | +11.0% |
LQD in the news
LQD Dividends
- 4.77%
- $5.02
- $0.44 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 1, 2026 | Sep 4, 2026 | $0.44 |
| Aug 3, 2026 | Aug 6, 2026 | $0.46 |
| Jul 1, 2026 | Jul 7, 2026 | $0.38 |
| Jun 1, 2026 | Jun 4, 2026 | $0.41 |
| May 1, 2026 | May 6, 2026 | $0.42 |
| Apr 1, 2026 | Apr 7, 2026 | $0.45 |
| Mar 2, 2026 | Mar 5, 2026 | $0.38 |
| Feb 2, 2026 | Feb 5, 2026 | $0.41 |
| Dec 19, 2025 | Dec 24, 2025 | $0.44 |
| Dec 1, 2025 | Dec 4, 2025 | $0.41 |
| Nov 3, 2025 | Nov 6, 2025 | $0.40 |
| Oct 1, 2025 | Oct 6, 2025 | $0.41 |
LQD Risk
- 7.8%
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.
- 0.03
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.
- −25.0%
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.
LQD Cost
0.14%
LQD0.14%
- The middle half of Investment Grade Corporate funds
- Median 0.30%
7 of the 49 Investment Grade Corporate funds charge less.