iShares iBoxx $ Investment Grade Corporate Bond ETF

10-Year Study

LQD.US · · US · ETF

Executive Summary: iShares iBoxx $ Investment Grade Corporate Bond ETF has compounded at 2.6% annually over the last 10 years, with a maximum drawdown of 23.3% and an annualized volatility of 8.5%.

1Y CAGR
+5.5%
3Y CAGR
+4.8%
5Y CAGR
-0.1%
10Y CAGR
+2.6%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
23.3%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
-0.18
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
-0.26
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
8.3%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2019 · +17.4%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2022 · -17.9%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
60%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
20260.31.0-2.50.8————————-0.3%
20250.62.4-0.5-0.30.22.1-0.11.01.90.10.9-0.77.9%
2024-0.4-1.91.5-3.22.20.62.61.92.0-3.21.8-2.70.9%
20235.2-4.23.80.6-1.80.80.1-1.2-3.6-2.47.64.99.4%
2022-3.6-2.1-2.9-6.71.9-3.64.4-4.4-6.0-0.76.6-1.6-17.9%
2021-1.8-2.3-1.51.00.62.21.4-0.3-1.50.5-0.1-0.0-1.8%
20202.41.1-6.34.82.52.13.1-1.8-0.4-0.53.80.211.0%
20193.4-0.22.90.41.73.20.33.9-0.80.40.50.517.4%
2018-1.2-2.20.6-1.60.5-0.51.30.0-0.1-2.0-0.41.9-3.8%
20170.11.3-0.31.21.30.50.80.7-0.00.2-0.11.27.1%
2016———1.6-0.53.11.30.2-0.3-1.5-3.20.81.3%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 8.5%. The dominant macroeconomic risk driver is LQD.US, accounting for 100.0% of variance. Idiosyncratic stock-specific factors contribute 0.0%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2016-03-0110000
2016-04-0110155.480842199771
2016-05-0110103.404498398519
2016-06-0110415.625040823817
2016-07-0110550.631626076412
2016-08-0110569.621380634726
2016-09-0110536.249766933126
2016-10-0110375.175319732123
2016-11-0110046.565870933799
2016-12-0110130.838102544674
2017-01-0110145.528738184847
2017-02-0110279.53773783213
2017-03-0110249.182632984695
2017-04-0110371.054341100646
2017-05-0110509.279327532295
2017-06-0110559.776160791798
2017-07-0110640.628098898736
2017-08-0110712.668030825396
2017-09-0110707.38320232105
2017-10-0110727.999971497553
2017-11-0110714.781962227133
2017-12-0110845.596312733585
2018-01-0110712.656154806284
2018-02-0110473.021841186746
2018-03-0110531.368723078549
2018-04-0110366.541453838507
2018-05-0110420.624844869499
2018-06-0110369.819235113113
2018-07-0110509.208071417628
2018-08-0110511.262622723814
2018-09-0110496.595739121864
2018-10-0110281.485404966314
2018-11-0110244.669745722555
2018-12-0110435.089836146564
2019-01-0110786.560621733353
2019-02-0110764.530606282651
2019-03-0111079.862665715002
2019-04-0111128.209939515435
2019-05-0111311.860699046236
2019-06-0111679.102838012288
2019-07-0111708.721629674848
2019-08-0112163.703797832151
2019-09-0112071.89029408586
2019-10-0112125.581776486193
2019-11-0112183.192345193122
2019-12-0112247.46536062126
2020-01-0112547.049818712569
2020-02-0112683.96844304202
2020-03-0111883.394118757815
2020-04-0112459.238533406648
2020-05-0112765.782338696938
2020-06-0113037.375019743882
2020-07-0113441.575330183023
2020-08-0113202.594197614584
2020-09-0113144.544216200553
2020-10-0113077.50408831958
2020-11-0113570.691409956617
2020-12-0113591.14191486557
2021-01-0113342.196802263094
2021-02-0113040.249016368716
2021-03-0112847.536854256305
2021-04-0112981.545853903586
2021-05-0113062.397792010528
2021-06-0113351.270080863815
2021-07-0113540.728213739842
2021-08-0113494.162342806041
2021-09-0113290.76176349383
2021-10-0113361.376573127181
2021-11-0113345.557715671477
2021-12-0113341.044828409338
2022-01-0112861.835581265817
2022-02-0112587.689556110035
2022-03-0112223.404545902597
2022-04-0111404.493648111178
2022-05-0111617.026886119666
2022-06-0111196.128892810613
2022-07-0111693.734093556905
2022-08-0111175.79714809277
2022-09-0110507.521676703882
2022-10-0110429.234958724895
2022-11-0111122.545078399542
2022-12-0110949.9746446992
2023-01-0111514.97625389979
2023-02-0111034.911933380283
2023-03-0111459.562748728376
2023-04-0111528.835568202196
2023-05-0111324.853063953551
2023-06-0111416.571559546954
2023-07-0111422.735213465505
2023-08-0111282.38441961301
2023-09-0110881.081857836925
2023-10-0110618.63371150537
2023-11-0111422.984609866833
2023-12-0111979.81551791913
2024-01-0111926.765340550786
2024-02-0111696.299313684854
2024-03-0111876.565407769052
2024-04-0111491.960528862883
2024-05-0111746.356734237255
2024-06-0111816.342114857733
2024-07-0112128.04011244215
2024-08-0112354.955209593923
2024-09-0112597.52289993385
2024-10-0112197.02790745731
2024-11-0112415.48727900213
2024-12-0112083.36252854698
2025-01-0112153.490421396786
2025-02-0112441.685777160752
2025-03-0112384.110836511158
2025-04-0112350.572958542005
2025-05-0112376.058895553973
2025-06-0112633.827890355842
2025-07-0112622.47441608583
2025-08-0112754.226972102046
2025-09-0112994.015673970023
2025-10-0113013.44484123544
2025-11-0113134.675244319402
2025-12-0113037.921316622984
2026-01-0113082.883924976812
2026-02-0113217.676741885414
2026-03-0112890.70618372439
2026-04-0112995.927713046878
Annual Return Matrix
YearAnnual Return
20170.07055272258367018
2018-0.037850060499214244
20190.17368087414031907
20200.10971058212294071
2021-0.018401477081383733
2022-0.1792266058965959
20230.09404961259142919
20240.008643456192874321
20250.07899777779743467
2026-0.0032208818074830337
Total Factor Risk
0.0854944505107309
VTI.US Exposure
5.342893150771507e-17
VEA.US Exposure
2.286457598392012e-16
VWO.US Exposure
-1.1664923720839873e-17
QQQ.US Exposure
1.014053119504857e-16
VTV.US Exposure
-3.0002050685965966e-16
IJR.US Exposure
-5.022607992147041e-16
QUAL.US Exposure
-8.6386803412673e-17
SHV.US Exposure
3.9302452451513496e-18
TLT.US Exposure
-3.6840952780579507e-17
LQD.US Exposure
0.9999986318801342
HYG.US Exposure
-2.9501637582171585e-17
GLD.US Exposure
1.0407756296662905e-16
USO.US Exposure
-1.44482072210853e-16
VNQ.US Exposure
3.9461834328966554e-16
BTC-USD.CC Exposure
4.2923450907897203e-17
CPER.US Exposure
-9.528693483276753e-17
VIX.INDX Exposure
1.4231075144082147e-17
UUP.US Exposure
-1.0460155682284143e-16
TIP.US Exposure
6.8544109424545756e-18
Idiosyncratic Exposure
0.0000013681198662891994
Value Score
50
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
53.3
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
8.5%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →N/A
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →4.44%
Market Cap$87.6B
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$98
Avg Yield on Cost
0.98%
Annual Income Simulation Table
Historical Realised Yields
YearAnnual PayoutYield on CostQuality
2026$98.490.98%Solid

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
-0.4%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+0.2%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
2.0% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
1.35
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is iShares iBoxx $ Investment Grade Corporate Bond ETF a high-risk investment?

iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD.US) has an annualized volatility of 8.5% and experienced a maximum drawdown of 23.3% over the last 10 years. Its primary macro risk driver is LQD.US.

What is the 10-year return of LQD.US?

Over the past 10 years, LQD.US has generated a Compound Annual Growth Rate (CAGR) of 2.6%. It has had a positive return in 60% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

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