iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD)
LQD is a passive ETF by iShares tracking the investment results of the iBoxx $ Liquid Investment Grade Index. LQD launched on Jul 26, 2002 and has a 0.15% expense ratio.
ETF Info
US4642872422
464287242
Jul 26, 2002
North America (U.S.)
1x
iBoxx $ Liquid Investment Grade Index
Expense Ratio
LQD has an expense ratio of 0.15%, which is considered low.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) returned 1.30% year-to-date (YTD) and 4.78% over the past 12 months. Over the past 10 years, LQD returned 2.35% annually, underperforming the S&P 500 benchmark at 10.69%.
LQD
1.30%
1.70%
-0.59%
4.78%
-0.07%
2.35%
^GSPC (Benchmark)
-0.64%
8.97%
-2.62%
11.90%
15.76%
10.69%
Monthly Returns
The table below presents the monthly returns of LQD, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.58% | 2.37% | -0.46% | -0.27% | -0.89% | 1.30% | |||||||
| 2024 | -0.44% | -1.93% | 1.54% | -3.24% | 2.21% | 0.60% | 2.64% | 1.87% | 1.96% | -3.18% | 1.79% | -2.68% | 0.86% |
| 2023 | 5.16% | -4.17% | 3.85% | 0.60% | -1.77% | 0.81% | 0.05% | -1.23% | -3.56% | -2.41% | 7.57% | 4.87% | 9.40% |
| 2022 | -3.59% | -2.13% | -2.89% | -6.70% | 1.86% | -3.62% | 4.44% | -4.43% | -5.98% | -0.75% | 6.65% | -1.55% | -17.92% |
| 2021 | -1.83% | -2.26% | -1.48% | 1.04% | 0.62% | 2.21% | 1.42% | -0.34% | -1.51% | 0.53% | -0.12% | -0.03% | -1.84% |
| 2020 | 2.45% | 1.09% | -6.31% | 4.85% | 2.46% | 2.13% | 3.10% | -1.78% | -0.44% | -0.51% | 3.77% | 0.15% | 10.97% |
| 2019 | 3.37% | -0.20% | 2.93% | 0.44% | 1.65% | 3.25% | 0.25% | 3.89% | -0.75% | 0.44% | 0.48% | 0.53% | 17.37% |
| 2018 | -1.23% | -2.24% | 0.56% | -1.57% | 0.52% | -0.49% | 1.34% | 0.02% | -0.14% | -2.05% | -0.36% | 1.86% | -3.78% |
| 2017 | 0.15% | 1.32% | -0.30% | 1.19% | 1.33% | 0.48% | 0.77% | 0.68% | -0.05% | 0.19% | -0.12% | 1.22% | 7.06% |
| 2016 | 0.12% | 1.05% | 3.61% | 1.55% | -0.51% | 3.09% | 1.30% | 0.18% | -0.32% | -1.53% | -3.17% | 0.84% | 6.20% |
| 2015 | 3.75% | -1.42% | 0.19% | -1.19% | -1.12% | -1.88% | 0.83% | -0.83% | 1.19% | 0.57% | -0.16% | -1.08% | -1.27% |
| 2014 | 1.88% | 1.14% | -0.03% | 1.33% | 1.51% | 0.01% | -0.32% | 2.00% | -1.68% | 1.23% | 0.91% | -0.02% | 8.20% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of LQD is 50, indicating average performance compared to other ETFs on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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Dividends
Dividend History
iShares iBoxx $ Investment Grade Corporate Bond ETF provided a 4.50% dividend yield over the last twelve months, with an annual payout of $4.80 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $4.80 | $4.75 | $4.42 | $3.48 | $3.05 | $3.67 | $4.21 | $4.14 | $3.77 | $3.91 | $3.95 | $4.04 |
Dividend yield | 4.50% | 4.45% | 3.99% | 3.30% | 2.30% | 2.66% | 3.29% | 3.67% | 3.10% | 3.34% | 3.46% | 3.38% |
Monthly Dividends
The table displays the monthly dividend distributions for iShares iBoxx $ Investment Grade Corporate Bond ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.39 | $0.41 | $0.42 | $0.43 | $1.65 | |||||||
| 2024 | $0.00 | $0.39 | $0.39 | $0.41 | $0.42 | $0.40 | $0.38 | $0.39 | $0.41 | $0.41 | $0.39 | $0.77 | $4.75 |
| 2023 | $0.00 | $0.34 | $0.37 | $0.34 | $0.37 | $0.35 | $0.35 | $0.37 | $0.38 | $0.40 | $0.36 | $0.79 | $4.42 |
| 2022 | $0.00 | $0.24 | $0.26 | $0.25 | $0.25 | $0.27 | $0.30 | $0.28 | $0.30 | $0.34 | $0.31 | $0.68 | $3.48 |
| 2021 | $0.00 | $0.27 | $0.27 | $0.25 | $0.26 | $0.26 | $0.25 | $0.24 | $0.23 | $0.26 | $0.26 | $0.50 | $3.05 |
| 2020 | $0.00 | $0.34 | $0.35 | $0.31 | $0.32 | $0.32 | $0.31 | $0.30 | $0.30 | $0.29 | $0.28 | $0.56 | $3.67 |
| 2019 | $0.00 | $0.35 | $0.36 | $0.36 | $0.35 | $0.37 | $0.35 | $0.35 | $0.35 | $0.34 | $0.35 | $0.68 | $4.21 |
| 2018 | $0.00 | $0.32 | $0.33 | $0.34 | $0.33 | $0.36 | $0.35 | $0.34 | $0.35 | $0.35 | $0.37 | $0.70 | $4.14 |
| 2017 | $0.00 | $0.32 | $0.32 | $0.32 | $0.32 | $0.32 | $0.32 | $0.32 | $0.32 | $0.32 | $0.32 | $0.58 | $3.77 |
| 2016 | $0.00 | $0.34 | $0.34 | $0.33 | $0.32 | $0.33 | $0.33 | $0.32 | $0.32 | $0.32 | $0.32 | $0.63 | $3.91 |
| 2015 | $0.00 | $0.33 | $0.33 | $0.33 | $0.33 | $0.33 | $0.33 | $0.33 | $0.33 | $0.33 | $0.33 | $0.65 | $3.95 |
| 2014 | $0.35 | $0.34 | $0.34 | $0.34 | $0.34 | $0.33 | $0.34 | $0.34 | $0.33 | $0.33 | $0.66 | $4.04 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the iShares iBoxx $ Investment Grade Corporate Bond ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the iShares iBoxx $ Investment Grade Corporate Bond ETF was 24.95%, occurring on Oct 20, 2022. The portfolio has not yet recovered.
The current iShares iBoxx $ Investment Grade Corporate Bond ETF drawdown is 10.01%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -24.95% | Sep 23, 2021 | 272 | Oct 20, 2022 | — | — | — |
| -21.76% | Mar 9, 2020 | 9 | Mar 19, 2020 | 57 | Jun 10, 2020 | 66 |
| -21.54% | May 2, 2008 | 104 | Sep 29, 2008 | 71 | Jan 9, 2009 | 175 |
| -10.86% | Jan 12, 2009 | 39 | Mar 9, 2009 | 76 | Jun 25, 2009 | 115 |
| -8.58% | May 3, 2013 | 36 | Jun 24, 2013 | 215 | May 1, 2014 | 251 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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