iShares Interest Rate Hedged Corporate Bond ETF (LQDH)
LQDH is an actively managed ETF by iShares. LQDH launched on May 27, 2014 and has a 0.25% expense ratio.
ETF Info
| ISIN | US46431W7056 |
|---|---|
| CUSIP | 46431W705 |
| Issuer | iShares |
| Inception Date | May 27, 2014 |
| Region | North America (U.S.) |
| Category | Corporate Bonds, Actively Managed |
| Leveraged | 1x |
| Index Tracked | No Index (Active) |
| Home Page | www.ishares.com |
| Asset Class | Bond |
Expense Ratio
LQDH has an expense ratio of 0.25%, which is considered low compared to other funds.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: LQDH vs. IGBH, LQDH vs. IGHG, LQDH vs. EMNT, LQDH vs. LQD, LQDH vs. VRIG, LQDH vs. HYGH, LQDH vs. TIP, LQDH vs. SHV, LQDH vs. SGOV, LQDH vs. VOO
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in iShares Interest Rate Hedged Corporate Bond ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
iShares Interest Rate Hedged Corporate Bond ETF had a return of 4.61% year-to-date (YTD) and 8.26% in the last 12 months. Over the past 10 years, iShares Interest Rate Hedged Corporate Bond ETF had an annualized return of 3.24%, while the S&P 500 had an annualized return of 10.88%, indicating that iShares Interest Rate Hedged Corporate Bond ETF did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 4.61% | 18.13% |
| 1 month | 0.63% | 1.45% |
| 6 months | 2.43% | 8.81% |
| 1 year | 8.26% | 26.52% |
| 5 years (annualized) | 4.33% | 13.43% |
| 10 years (annualized) | 3.24% | 10.88% |
Monthly Returns
The table below presents the monthly returns of LQDH, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.90% | 0.08% | 1.42% | 0.52% | 0.96% | -0.71% | 0.45% | 0.48% | 4.61% | ||||
| 2023 | 2.91% | -0.86% | 0.34% | 0.59% | -0.08% | 2.34% | 1.34% | 0.21% | -0.03% | 0.06% | 3.07% | 0.81% | 11.15% |
| 2022 | -1.42% | -1.67% | 1.06% | -2.10% | 1.35% | -2.25% | 1.71% | -0.81% | -1.67% | 1.15% | 3.01% | -0.08% | -1.88% |
| 2021 | -0.37% | 0.48% | 1.23% | -0.44% | 0.13% | 0.52% | -0.08% | -0.14% | 0.07% | 0.61% | -0.79% | 0.63% | 1.84% |
| 2020 | -1.32% | -2.53% | -9.90% | 4.73% | 2.69% | 1.44% | 1.94% | 0.50% | -0.35% | 1.02% | 3.05% | 1.18% | 1.68% |
| 2019 | 3.02% | 0.32% | 0.29% | 1.13% | -1.62% | 1.96% | 0.11% | -1.15% | 0.73% | 1.00% | 1.22% | 2.19% | 9.50% |
| 2018 | 1.24% | -0.87% | -0.58% | 0.13% | -0.44% | -0.12% | 1.96% | -0.67% | 1.24% | -1.07% | -1.92% | -1.05% | -2.20% |
| 2017 | 0.24% | 0.78% | 0.07% | -0.08% | 0.31% | 1.18% | 0.64% | -0.71% | 1.37% | 0.80% | 0.13% | 1.13% | 6.00% |
| 2016 | -3.65% | -0.66% | 3.76% | 1.81% | -0.41% | -0.34% | 1.60% | 0.27% | -0.27% | 0.82% | 0.34% | 1.88% | 5.08% |
| 2015 | -0.35% | 0.90% | -0.32% | -0.25% | -0.05% | -0.67% | -1.09% | -0.20% | -0.76% | 0.68% | -0.34% | 0.22% | -2.23% |
| 2014 | 0.01% | -0.28% | 0.07% | -0.73% | -0.45% | -0.38% | -0.11% | -1.86% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of LQDH is 95, placing it in the top 5% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for iShares Interest Rate Hedged Corporate Bond ETF (LQDH) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
iShares Interest Rate Hedged Corporate Bond ETF granted a 8.52% dividend yield in the last twelve months. The annual payout for that period amounted to $7.88 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $7.88 | $7.15 | $3.38 | $1.57 | $2.12 | $2.97 | $4.61 | $2.31 | $2.19 | $2.73 | $2.11 |
Dividend yield | 8.52% | 7.69% | 3.73% | 1.65% | 2.22% | 3.09% | 5.08% | 2.37% | 2.33% | 2.98% | 2.19% |
Monthly Dividends
The table displays the monthly dividend distributions for iShares Interest Rate Hedged 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.67 | $0.61 | $0.57 | $0.64 | $0.61 | $0.54 | $0.60 | $0.58 | $4.81 | |||
| 2023 | $0.00 | $0.52 | $0.49 | $0.41 | $0.44 | $0.43 | $0.47 | $0.59 | $0.74 | $0.75 | $0.77 | $1.56 | $7.15 |
| 2022 | $0.00 | $0.10 | $0.12 | $0.13 | $0.15 | $0.18 | $0.22 | $0.27 | $0.33 | $0.37 | $0.37 | $1.15 | $3.38 |
| 2021 | $0.00 | $0.14 | $0.15 | $0.14 | $0.14 | $0.14 | $0.13 | $0.11 | $0.10 | $0.11 | $0.12 | $0.30 | $1.57 |
| 2020 | $0.00 | $0.19 | $0.20 | $0.21 | $0.21 | $0.21 | $0.19 | $0.18 | $0.14 | $0.13 | $0.15 | $0.32 | $2.12 |
| 2019 | $0.00 | $0.27 | $0.26 | $0.26 | $0.25 | $0.27 | $0.26 | $0.25 | $0.25 | $0.22 | $0.22 | $0.48 | $2.97 |
| 2018 | $0.00 | $0.20 | $0.21 | $0.26 | $0.24 | $0.27 | $0.26 | $0.26 | $0.26 | $0.25 | $0.27 | $2.13 | $4.61 |
| 2017 | $0.00 | $0.17 | $0.19 | $0.20 | $0.19 | $0.19 | $0.18 | $0.19 | $0.18 | $0.20 | $0.21 | $0.40 | $2.31 |
| 2016 | $0.00 | $0.10 | $0.16 | $0.16 | $0.11 | $0.20 | $0.13 | $0.18 | $0.17 | $0.32 | $0.07 | $0.60 | $2.19 |
| 2015 | $0.00 | $0.23 | $0.24 | $0.24 | $0.24 | $0.25 | $0.25 | $0.25 | $0.24 | $0.20 | $0.14 | $0.43 | $2.73 |
| 2014 | $0.53 | $0.27 | $0.27 | $0.26 | $0.26 | $0.53 | $2.11 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the iShares Interest Rate Hedged 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 Interest Rate Hedged Corporate Bond ETF was 24.63%, occurring on Mar 20, 2020. Recovery took 170 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -24.63% | Jan 2, 2020 | 55 | Mar 20, 2020 | 170 | Nov 19, 2020 | 225 |
| -9.64% | Jul 28, 2014 | 312 | Feb 12, 2016 | 200 | Dec 13, 2016 | 512 |
| -7.08% | Nov 8, 2021 | 224 | Sep 28, 2022 | 82 | Jan 26, 2023 | 306 |
| -4.57% | Oct 2, 2018 | 64 | Jan 3, 2019 | 65 | Apr 8, 2019 | 129 |
| -2.93% | Feb 3, 2023 | 26 | Mar 13, 2023 | 57 | Jun 2, 2023 | 83 |
Volatility
Volatility Chart
The current iShares Interest Rate Hedged Corporate Bond ETF volatility is 0.98%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.