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About

Tracks US investment-grade corporate bonds, providing higher yields than Treasuries with moderate credit risk. Popular income-generating fixed income ETF.

Bond & Fixed Income

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.

Key Financials LQD

Price $111.59
Change (1D) +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%
P/E Ratio 16.46
EPS (TTM) $6.78
52-Week Range $103.45 — $112.93
50-Day MA $110.59
Volume 33.61M

Data updated Feb 15 · Source: Twelve Data

4.2 1 vote

AI Reviews

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4.2 /5

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.

Category Ratings

Bond & Fixed Income
4.2
Feb 15, 2026
AI-Generated Review Generated via Anthropic API. This is an automated evaluation, not a consumer review. Learn more