iShares Interest Rate Hedged Corporate Bond ETF
$92.40−0.12 (−0.13%)
- 0.44%
- $596M
- +5.7%
- 5.80%
- 0M sh
- $92.44
- low $91.15high $94.38
The ETF.net LQDH Grade
C
Score 43 out of 100
- 38 of 49
Score 43 of 100 falls in the C 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.F20 out of 100Rank 39 of 49Mission
Whether the fund did what it promised, tested against its stated mandate.F24 out of 100Rank 45 of 45Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.A85 out of 100Rank 2 of 49Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A72 out of 100Rank 10 of 49Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.D38 out of 100Rank 39 of 49Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A77 out of 100Rank 10 of 49
Our read on LQDH
CCorporate credit with the interest-rate risk swapped out. LQDH pairs an investment-grade bond portfolio with a ladder of interest rate swaps designed to neutralize duration, leaving the credit spread as the main exposure.
The fund seeks to track an index designed to reduce the interest-rate risk of a corporate-bond portfolio.
Why people hold it
- The hedge runs on rules, not a rate call: swaps struck at the 1- through 30-year points, weighted to the underlying bond portfolio and rebalanced daily.ishares.com
- Live since 2014 and still a rare structure: most investment-grade corporate funds hand you credit and duration together, while this one is built to isolate the credit piece.ishares.com
- Pays monthly, and because the design targets near-zero duration, rate swings shape the price far less than they do in a standard corporate bond fund.ishares.com
Worth knowing
- The hedge costs real money: 0.44% a year, well above the typical investment-grade corporate fund, where plain-vanilla options like VCIT and USIG run a few basis points.
- The swaps cut both ways. They are built to gain when the reference rate rises above the fixed rate, which also means giving up the price lift bonds get when rates fall.ishares.com
- It is a wrapper, not a bond book: one underlying corporate bond ETF plus centrally cleared swaps. It also trades in a quieter corner, so the spread is worth a look.ishares.com
LQDH Holdings
- Bonds
- 218
- 109%
- Ishares Iboxx $ Inv Grade Corporat
Geography
- United States100.00%
LQDH Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
LQDH$10,570
Returns run to the Oct 12, 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 | LQDH |
|---|---|
| Year to date | +3.5% |
| 1 month | +0.6% |
| 3 months | +1.5% |
| 1 year | +5.7% |
| 3 years | +7.2% |
| 5 years | +5.4% |
| 10 years | +4.6% |
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 | LQDH |
|---|---|---|
| 2026 YTD | +3.5% | |
| 2025 | +7.0% | |
| 2024 | +7.4% | |
| 2023 | +11.1% | |
| 2022 | −1.9% | |
| 2021 | +1.8% | |
| 2020 | +1.7% |
LQDH in the news
Filings Digest
VanEck cuts its CLO ETF fee from 0.36% to 0.29%
LQDH Dividends
- 5.80%
- $5.36
- $0.46 per share
- Monthly
Distribution history
LQDH Risk
- 2.8%
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.
- 0.91
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.
- −7.1%
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.
- 0.14
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
LQDH Cost
0.44%
LQDH0.44%
- The middle half of Investment Grade Corporate funds
- Median 0.29%
38 of the 49 Investment Grade Corporate funds charge less.
Other funds in Investment Grade Corporate
- CLQDIiShares Inflation Hedged Corporate Bond ETFExpense ratio 0.33%1 year return −2.6%
- CIGCBTCW Corporate Bond ETFExpense ratio 0.35%1 year return −2.8%
- CRJVIRJ Eagle Vertical Income ETFExpense ratio 0.51%1 year return +0.9%
- CMBBBVanEck Moody’s Analytics BBB Corporate Bond ETFExpense ratio 0.25%1 year return −2.3%
- DIBDInspire Corporate Bond ETFExpense ratio 0.41%1 year return −0.4%