iShares iBoxx USD Investment Grade Corporate Bond ETF
Find Ratings Reports- Last Ratings Update:02/29/2024
- Price as of 02/29/2024 :$107.66
- Net Assets:$0 Million
- NAV:$107.77
- Premium-0.1%
- Peer Rank:115 of 124
- Investment Rating:D+
- Performance:D
- RiskB-
We rate iShares iBoxx $ Inv Grade Cor B ETF at D+. Negative factors that influence this rating include a well below average total return. The fund invests approximately 97% of its assets in bonds and may be considered for investors seeking a Corporate - Investment Grade strategy.
Total return ranks well below peers over the last three years. The iShares iBoxx $ Inv Grade Cor B ETF has returned an annual rate of 4.32% since inception. More recently, the fund has generated a total return of 1.52% in the last five years, -2.92% in the last three years, and 6.02% in the last year. How does that compare to other equity funds? In the last five years, it has outperformed 23% of them. It has also outpaced 21% of its competitors on a three year basis and 33% of them over the last year for the period ending 2/29/2024. On a year to date basis, LQD has returned -1.77%.
Downside risk has been below average. LQD has a draw down risk of -27.09%, which is the largest price decline experienced over the last three years. This fund has a three year standard deviation of 11.5%. This fund has had moderate volatility in its monthly performance over the last 36 months.
Low expense ratio helps performance. As LQD is an exchange traded fund, it has no front end or back end load.
The iShares iBoxx $ Inv Grade Cor B ETF is managed by James J. Mauro at BlackRock Fund Advisors. This fund is one of 353 BlackRock Fund Advisors exchange-traded funds launched since 3/12/1996 that we track.