iShares Interest Rate Hedged Corporate Bond ETF
The ETF.net LQDH Grade
C
Score 54 out of 100
- 30 of 49
Score 54 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.C54 out of 100Rank 23 of 49Mission
Whether the fund did what it promised, tested against its stated mandate.F20 out of 100Rank 45 of 45Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.A84 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.A75 out of 100Rank 9 of 49Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B59 out of 100Rank 23 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 7 of 49
Our read on LQDH
In short
CCorporate credit with the rate risk engineered out: LQDH tracks an index that pairs investment grade corporate bonds with interest rate swaps to mitigate duration. Fee is 0.24% net of a waiver through February 28, 2027.
Stated mandate
The fund seeks to track an index designed to reduce the interest-rate risk of a corporate-bond portfolio.
Why people hold it
Worth knowing
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$10,508
Returns run to the Nov 9, 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 | +3.4% |
| 1 month | 0.0% |
| 3 months | +1.0% |
| 1 year | +5.1% |
| 3 years | +7.0% |
| 5 years | +5.2% |
| 10 years | +4.5% |
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 | +3.4% | |
| 2025 | +7.0% | |
| 2024 | +7.4% | |
| 2023 | +11.1% | |
| 2022 | −1.9% | |
| 2021 | +1.8% | |
| 2020 | +1.7% |
LQDH in the news
LQDH Dividends
- 5.83%
- $5.36
- $0.46 per share
- Monthly
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.
- 0.89
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.
- −6.8%
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.
FMP measures it over up to five years of monthly returns.
LQDH Cost
Overpaying vs SPBO, tied cheapest in Investment Grade Corporate
$4,321
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
LQDH 0.24%
$4,959
SPBO 0.03% Tied cheapest
$638
Cost over time
Year by year
| Year | LQDH | SPBO | Overpaying |
|---|---|---|---|
| 10 | $437 | $55 | $382 |
| 20 | $1,699 | $216 | $1,483 |
| 30 | $4,959 | $638 | $4,321 |
You pay 0.24%Waived by iShares 0.20%
Full fee 0.44% waiver 0.20% you pay 0.24%
Other funds in Investment Grade Corporate
- BJHCBJohn Hancock Corporate Bond ETFExpense ratio 0.29%1 year return −0.9%
- BFCORFidelity Corporate Bond ETFExpense ratio 0.36%1 year return −0.4%
- BNCPBNuveen Core Plus BondExpense ratio 0.31%1 year return +0.9%
- CFSIGFirst Trust Limited Duration Investment Grade Corporate ETFExpense ratio 0.44%1 year return +1.7%
- CJLQDJanus Henderson Corporate Bond ETFExpense ratio 0.35%1 year return −0.7%
