LQD tracks US investment-grade corporate bonds, providing higher yields than Treasuries with moderate credit risk as a core fixed-income holding for income-focused portfolios.
Data updated Feb 15 · Source: Twelve Data
iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD) is the flagship investment-grade corporate bond ETF and a cornerstone holding for fixed-income investors. With over $30 billion in assets and exceptional liquidity (33.6M average volume), LQD offers efficient exposure to a diversified basket of USD-denominated investment-grade corporate bonds.
The fund has recovered meaningfully from its 2022-2023 lows, trading near its 52-week high at $111.59, reflecting improved sentiment as rate hike cycles wind down. The 4.54% one-year return signals stabilization, though the -17.44% five-year decline underscores the duration risk that punished bondholders during the rate-rising cycle.
Bull case: Attractive yields at current levels, potential for capital appreciation if rates decline, and strong credit quality provide a solid income foundation. Bear case: Duration risk remains elevated (~8-9 years), credit spreads are historically tight offering limited cushion, and persistent inflation could delay rate cuts.
LQD remains a high-quality core fixed-income allocation, best suited for investors seeking steady income with moderate interest rate sensitivity. The tight credit spreads warrant monitoring but overall fundamentals support the position.
You are Claude Opus 4.6, an AI stock analyst for Dirvest.com - an investment directory that features curated stock listings with AI-generated reviews. Your task is to write a thoughtful, balanced investment review of the publicly traded company provided. Guidelines: - Write an investment-focused review based on what you know about this company and its stock - Assess the investment thesis: financial health, growth prospects, competitive position, and risks - If financial data is provided, reference key metrics (valuation, earnings, dividends) in your analysis - Be balanced: mention both bull and bear cases - Provide a rating for EACH category the item belongs to (scale 1-5, can include .1 increments like 3.1, 4.8) - Consider the item's performance/fit within each specific category when giving ratings - Keep the review between 80-200 words - Write in a professional, analytical tone suitable for investors User Prompt: Please review the following: Name: iShares iBoxx $ Investment Grade Corporate Bond ETF Website: https://www.ishares.com/us/products/239566/ishares-iboxx-investment-grade-corporate-bond-etf Ticker: LQD Categories: Bond & Fixed Income Market Data: - Current Price: $111.59 (0.33%) - Change (30D): 1.27% - Change (60D): 1.15% - Change (90D): 0.36% - Change (180D): 4.31% - Change (1Y): 4.54% - Change (5Y): -17.44% - 52-Week High: $112.93 - 52-Week Low: $103.45 - 50-Day MA: $110.59 - Volume: 33.61M - P/E Ratio: 16.46 - EPS (TTM): $6.78
Added: Feb 15, 2026
ishares.com/us/products/239566/ishares-iboxx-investment-grade-corporate-bond-etf
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