Data Source: from January 1991 to August 2022
Consolidated Returns as of 31 Aug 2022
Live Update: Sep 23 2022
Category: Fixed Income
ETF: iShares Investment Grade Corporate Bond (LQD)
ETF • LIVE PERFORMANCE (USD currency)
0.29%
1 Day
Sep 23 2022
3.81%
Current Month
September 2022

In the last 30 Years, the iShares Investment Grade Corporate Bond (LQD) ETF obtained a 5.41% compound annual return, with a 6.70% standard deviation.

In 2021, the ETF granted a 2.23% dividend yield. If you are interested in getting periodic income, please refer to the iShares Investment Grade Corporate Bond (LQD) ETF: Dividend Yield page.

The ETF is related to the following investment themes:

  • Asset Class: Bond
  • Region: North America
  • Country: U.S.
  • Bond - Duration: All-Term

The iShares Investment Grade Corporate Bond (LQD) ETF is part of the following Lazy Portfolios:

Portfolio Name Author LQD Weight
Rob Arnott Portfolio Rob Arnott 20.0%
Edge Select Moderately Conservative Merrill Lynch 15.0%
Edge Select Moderate Merrill Lynch 14.0%
Edge Select Conservative Merrill Lynch 10.0%
Edge Select Moderately Aggressive Merrill Lynch 9.0%
Edge Select Aggressive Merrill Lynch 4.0%
Coward's Portfolio Bill Bernstein 12.0%
Late Sixties and Beyond Burton Malkiel 9.5%
Late Thirties to Early Forties Burton Malkiel 5.0%
Mid-Fifties Burton Malkiel 7.5%
Mid-Twenties Burton Malkiel 4.0%
GAA Global Asset Allocation Mebane Faber 19.8%
Global Market Portfolio Credit Suisse 22.0%

Historical Returns as of Aug 31, 2022

Historical returns and stats of iShares Investment Grade Corporate Bond (LQD) ETF. Total Returns and Inflation Adjusted Returns are both mentioned.

ISHARES INVESTMENT GRADE CORPORATE BOND (LQD) ETF
Consolidated returns as of 31 Aug 2022
Data Source: from January 1991 to August 2022
Swipe left to see all data
Period Return (%)
as of Aug 2022
Return (%)
Infl.Adj.
Standard
Deviation (%)
Max
Drawdown (%)
Months
Pos - Neg
1M
Aug 2022
-4.43
-4.40
-4.43
Aug 2022 - Aug 2022
0 - 1
3M
-3.80
-5.06
-4.43
Aug 2022 - Aug 2022
1 - 2
6M
-11.22
-14.95
-11.22
Mar 2022 - Aug 2022
2 - 4
YTD
-16.23
-21.14
-16.23
Jan 2022 - Aug 2022
2 - 6
1Y
-17.18
-23.50
10.08
-17.18
Sep 2021 - Aug 2022
3 - 9
25% pos
3Y(*)
-2.79
-7.33
9.25
-17.78
Jan 2021 - Aug 2022
18 - 18
50% pos
5Y(*)
0.85
-2.86
8.09
-17.78
Jan 2021 - Aug 2022
32 - 28
53% pos
10Y(*)
2.24
-0.30
6.73
-17.78
Jan 2021 - Aug 2022
68 - 52
57% pos
15Y(*)
4.16
1.73
8.01
-17.78
Jan 2021 - Aug 2022
108 - 72
60% pos
20Y(*)
4.41
1.86
7.55
-17.78
Jan 2021 - Aug 2022
144 - 96
60% pos
25Y(*)
4.99
2.46
6.99
-17.78
Jan 2021 - Aug 2022
188 - 112
63% pos
30Y(*)
5.41
2.83
6.70
-17.78
Jan 2021 - Aug 2022
228 - 132
63% pos
MAX(*)
01 Jan 1991
5.86
3.24
6.67
-17.78
Jan 2021 - Aug 2022
245 - 135
64% pos
(*) Returns over 1 year are annualized

US Inflation is updated to Aug 2022. Current inflation (annualized) is 1Y: 8.26% , 5Y: 3.82% , 10Y: 2.54% , 30Y: 2.51%

ETF Returns, up to December 2002, are simulated. They have been calculated using the historical series of equivalent ETFs / Assets.

Correlations as of Aug 31, 2022

Monthly correlations of iShares Investment Grade Corporate Bond (LQD) ETF vs the main Asset Classes, over different timeframes.

Columns are sortable (click on table header to sort).

ISHARES INVESTMENT GRADE CORPORATE BOND (LQD) ETF
Monthly correlations as of 31 Aug 2022
Swipe left to see all data
Correlation vs LQD
 
Asset Class 1 Year 5 Years 10 Years 30 Years Since
Jan 1992
US Total Stock Market
VTI
0.81
0.60
0.48
0.28
0.28
US Large Cap
SPY
0.80
0.59
0.48
0.29
0.29
US Small Cap
IJR
0.86
0.50
0.36
0.21
0.21
US REITs
VNQ
0.56
0.60
0.63
0.40
0.40
US Technology
QQQ
0.82
0.61
0.48
0.18
0.18
Preferred Stocks
PFF
0.91
0.75
0.72
0.58
0.58
EAFE Stocks
EFA
0.80
0.58
0.50
0.31
0.31
World All Countries
VT
0.81
0.61
0.52
0.31
0.31
Emerging Markets
EEM
0.59
0.49
0.46
0.25
0.25
Europe
VGK
0.75
0.59
0.50
0.32
0.32
Pacific
VPL
0.80
0.52
0.44
0.26
0.26
Latin America
FLLA
0.32
0.44
0.42
0.24
0.23
US Total Bond Market
BND
0.98
0.92
0.91
0.85
0.85
Long Term Treasuries
TLT
0.79
0.58
0.64
0.63
0.63
US Cash
BIL
-0.22
0.01
0.00
0.00
0.01
TIPS
TIP
0.82
0.81
0.79
0.73
0.73
High Yield Bonds
HYG
0.87
0.78
0.71
0.63
0.63
International Bond Market
BNDX
0.88
0.84
0.83
0.66
0.66
Emerging Market Bonds
EMB
0.85
0.84
0.82
0.56
0.56
Gold
GLD
0.01
0.34
0.36
0.22
0.22
Commodities
DBC
-0.14
0.10
0.05
0.13
0.13

Capital Growth as of Aug 31, 2022

Capital growth, returns, stats are calculated assuming a reinvestment of dividends.

If you are interested in getting periodic income, please refer to the iShares Investment Grade Corporate Bond (LQD) ETF: Dividend Yield page.

An investment of 1000$, since September 1992, now would be worth 4862.48$, with a total return of 386.25% (5.41% annualized).

The Inflation Adjusted Capital now would be 2313.27$, with a net total return of 131.33% (2.83% annualized).
An investment of 1000$, since January 1991, now would be worth 6075.74$, with a total return of 507.57% (5.86% annualized).

The Inflation Adjusted Capital now would be 2744.81$, with a net total return of 174.48% (3.24% annualized).

Drawdowns

Worst drawdowns since September 1992.

Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months
-17.78% Jan 2021 Aug 2022 20 in progress 20
-15.11% Feb 2008 Oct 2008 9 Jun 2009 8 17
-6.38% May 2013 Jun 2013 2 Apr 2014 10 12
-6.31% Mar 2020 Mar 2020 1 May 2020 2 3
-6.23% Feb 1994 Nov 1994 10 Apr 1995 5 15
-5.97% Jun 2003 Jul 2003 2 Dec 2003 5 7
-5.54% Jan 2018 Nov 2018 11 Mar 2019 4 15
-5.31% Feb 2015 Aug 2015 7 Apr 2016 8 15
-4.95% Sep 2016 Nov 2016 3 Jul 2017 8 11
-4.56% Feb 1996 May 1996 4 Oct 1996 5 9
-4.39% Apr 2004 May 2004 2 Aug 2004 3 5
-3.91% Feb 1999 Aug 1999 7 Jun 2000 10 17
-3.81% Sep 2005 Jun 2006 10 Sep 2006 3 13
-3.16% Nov 2011 Nov 2011 1 Dec 2011 1 2
-2.84% May 2007 Jul 2007 3 Sep 2007 2 5
-2.71% Aug 2020 Oct 2020 3 Nov 2020 1 4
-2.61% Oct 2010 Dec 2010 3 Apr 2011 4 7
-2.19% Dec 1996 Mar 1997 4 May 1997 2 6
-2.19% Feb 2005 Mar 2005 2 May 2005 2 4
-2.16% Nov 2001 Dec 2001 2 May 2002 5 7

Worst drawdowns since January 1991.

Swipe left to see all data
Drawdown period
Recovery period
Total
Drawdown Start Bottom #Months End #Months #Months
-17.78% Jan 2021 Aug 2022 20 in progress 20
-15.11% Feb 2008 Oct 2008 9 Jun 2009 8 17
-6.38% May 2013 Jun 2013 2 Apr 2014 10 12
-6.31% Mar 2020 Mar 2020 1 May 2020 2 3
-6.23% Feb 1994 Nov 1994 10 Apr 1995 5 15
-5.97% Jun 2003 Jul 2003 2 Dec 2003 5 7
-5.54% Jan 2018 Nov 2018 11 Mar 2019 4 15
-5.31% Feb 2015 Aug 2015 7 Apr 2016 8 15
-4.95% Sep 2016 Nov 2016 3 Jul 2017 8 11
-4.56% Feb 1996 May 1996 4 Oct 1996 5 9
-4.39% Apr 2004 May 2004 2 Aug 2004 3 5
-3.91% Feb 1999 Aug 1999 7 Jun 2000 10 17
-3.81% Sep 2005 Jun 2006 10 Sep 2006 3 13
-3.16% Nov 2011 Nov 2011 1 Dec 2011 1 2
-2.87% Jan 1992 Mar 1992 3 Jun 1992 3 6
-2.84% May 2007 Jul 2007 3 Sep 2007 2 5
-2.71% Aug 2020 Oct 2020 3 Nov 2020 1 4
-2.61% Oct 2010 Dec 2010 3 Apr 2011 4 7
-2.19% Dec 1996 Mar 1997 4 May 1997 2 6
-2.19% Feb 2005 Mar 2005 2 May 2005 2 4

Rolling Returns ( more details)

iShares Investment Grade Corporate Bond (LQD) ETF: annualized rolling and average returns

Swipe left to see all data
Rolling
Period
Return (*) Negative
Periods
Average (%) Best (%) Worst (%)
1 Year
6.40 27.77
Nov 2008 - Oct 2009
-17.18
Sep 2021 - Aug 2022
15.99%
2 Years
6.37 19.51
Nov 2008 - Oct 2010
-8.00
Sep 2020 - Aug 2022
4.76%
3 Years
6.30 15.16
Nov 2008 - Oct 2011
-2.79
Sep 2019 - Aug 2022
1.74%
5 Years
6.20 10.81
Jan 1991 - Dec 1995
0.70
Nov 2003 - Oct 2008
0.00%
7 Years
6.18 9.42
Jul 1991 - Jun 1998
2.22
May 2015 - Apr 2022
0.00%
10 Years
6.24 8.48
Aug 1991 - Jul 2001
2.24
Sep 2012 - Aug 2022
0.00%
15 Years
6.10 7.86
Jan 1991 - Dec 2005
4.16
Sep 2007 - Aug 2022
0.00%
20 Years
6.24 7.33
Aug 1991 - Jul 2011
4.41
Sep 2002 - Aug 2022
0.00%
(*) Annualized rolling and average returns over full calendar month periods

If you need a deeper detail about rolling returns, please refer to the iShares Investment Grade Corporate Bond (LQD) ETF: Rolling Returns page.

Seasonality

iShares Investment Grade Corporate Bond (LQD) ETF: in which months is it better to invest?

Both the Average Return and the Gain Frequency (Win %) are useful to get an idea of what happened in the past.

For further information about the seasonality, check the Asset Class Seasonality page.
Swipe left to see all data
Monthly Average Return (%) and Gain Frequency
Return (%) Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Average
Win %
0.59
72%
0.07
63%
-0.32
47%
0.52
72%
0.58
63%
0.54
63%
1.17
81%
0.80
72%
0.31
65%
0.24
58%
0.29
55%
1.14
65%
Best
Year
3.8
2015
2.8
1995
3.6
2016
4.8
2020
4.8
1995
3.3
2010
4.6
2009
3.9
2019
4.5
2003
2.6
1996
3.8
2020
13.8
2008
Worst
Year
-3.6
2022
-5.2
2009
-6.3
2020
-6.7
2022
-3.2
2013
-3.6
2022
-5.8
2003
-4.4
2022
-10.7
2008
-2.0
2018
-3.2
2016
-2.1
2009
Statistics calculated for the period Jan 1991 - Aug 2022

Monthly/Yearly Returns

iShares Investment Grade Corporate Bond (LQD) ETF monthly and yearly returns: how is the distribution of the returns recorded so far?

MONTHLY RETURNS HISTOGRAM
245 Positive Months (64%) - 135 Negative Months (36%)
Jan 1991 - Aug 2022
Swipe left to see all data
Yearly Return(%)
Monthly Return(%)
Year Total Infl.Adj Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2022
-16.23 -21.14 -3.6 -2.1 -2.9 -6.7 1.9 -3.6 4.4 -4.4
2021
-1.85 -8.30 -1.8 -2.3 -1.5 1.0 0.6 2.2 1.4 -0.3 -1.5 0.5 -0.1 0.0
2020
+10.97 +9.48 2.4 1.1 -6.3 4.8 2.5 2.1 3.1 -1.8 -0.4 -0.5 3.8 0.2
2019
+17.37 +14.75 3.4 -0.2 2.9 0.4 1.7 3.2 0.3 3.9 -0.8 0.4 0.5 0.5
2018
-3.79 -5.59 -1.2 -2.2 0.6 -1.6 0.5 -0.5 1.3 0.0 -0.1 -2.0 -0.4 1.9
2017
+7.06 +4.84 0.1 1.3 -0.3 1.2 1.3 0.5 0.8 0.7 0.0 0.2 -0.1 1.2
2016
+6.21 +4.05 0.1 1.1 3.6 1.6 -0.5 3.1 1.3 0.2 -0.3 -1.5 -3.2 0.8
2015
-1.25 -1.97 3.8 -1.4 0.2 -1.2 -1.1 -1.9 0.8 -0.8 1.2 0.6 -0.2 -1.1
2014
+8.21 +7.40 1.9 1.1 0.0 1.3 1.5 0.0 -0.3 2.0 -1.7 1.2 0.9 0.0
2013
-2.00 -3.45 -1.3 1.1 0.0 2.2 -3.2 -3.3 1.1 -1.0 0.7 1.8 -0.1 0.2
2012
+10.58 +8.69 2.1 1.6 -1.4 1.1 0.8 0.9 3.5 -0.1 1.1 1.3 -0.4 -0.3
2011
+9.73 +6.57 0.0 1.1 -0.5 2.5 1.3 -0.8 2.4 0.3 0.4 2.5 -3.2 3.5
2010
+9.33 +7.72 1.2 0.5 0.7 1.9 -1.3 3.3 2.1 2.9 0.5 -0.3 -1.6 -0.7
2009
+8.46 +5.59 -1.8 -5.2 0.5 2.8 2.3 2.9 4.6 1.3 1.8 -0.5 2.0 -2.1
2008
+2.40 +2.31 2.6 -0.7 -0.6 1.2 -2.2 -1.3 0.4 0.1 -10.7 -1.9 3.3 13.8
2007
+3.73 -0.34 0.1 2.0 -0.7 0.9 -1.2 -0.8 -0.8 2.4 0.7 1.0 1.0 -0.8
2006
+4.22 +1.64 -0.4 0.7 -1.7 -0.2 -0.2 -0.1 1.5 2.2 0.9 1.0 1.5 -0.9
2005
+1.16 -2.18 1.2 -0.9 -1.3 1.6 0.6 1.2 -0.8 1.5 -1.9 -1.6 0.7 0.9
2004
+5.72 +2.38 1.2 1.5 1.0 -3.9 -0.5 0.1 1.6 3.1 0.3 1.2 -1.2 1.4
2003
+9.08 +7.07 -0.8 2.0 0.1 2.4 3.9 -0.2 -5.8 1.4 4.5 -1.3 0.3 2.6
2002
+10.28 +7.72 0.9 1.0 -1.8 1.5 1.4 0.0 0.8 2.2 2.4 -1.0 -0.1 2.7
2001
+9.41 +7.74 2.0 1.2 0.7 -0.9 0.8 0.5 3.0 1.3 0.7 2.0 -1.3 -0.9
2000
+10.71 +7.09 -0.3 0.9 1.4 -1.5 -0.5 2.6 1.1 1.4 1.2 0.0 1.8 2.2
1999
-1.54 -4.11 0.9 -2.5 0.9 0.3 -1.3 -0.5 -0.4 -0.4 1.2 0.5 0.3 -0.5
1998
+8.30 +6.58 1.5 -0.2 0.4 0.6 0.9 0.6 0.2 1.2 3.1 -1.4 0.5 0.6
1997
+8.95 +7.13 0.3 0.2 -1.3 1.5 0.9 1.3 2.9 -1.1 1.6 1.4 0.0 1.1
1996
+2.78 -0.53 0.7 -2.3 -0.9 -1.1 -0.4 1.4 0.3 -0.2 1.9 2.6 2.2 -1.4
1995
+21.38 +18.38 2.0 2.8 0.8 1.6 4.8 0.8 -0.4 1.3 1.1 1.6 1.9 1.6
1994
-4.20 -6.70 1.5 -2.3 -2.5 -1.0 0.0 -0.1 1.6 0.3 -1.6 -0.3 -0.3 0.7
1993
+12.58 +9.56 1.8 2.1 0.4 0.5 0.6 2.4 1.5 2.6 -0.4 0.8 -0.9 0.7
1992
+7.01 +3.99 -2.7 0.7 -0.9 0.2 2.7 1.7 2.6 0.5 0.8 -1.5 0.8 2.1
1991
+19.28 +15.74 1.1 0.8 0.3 1.5 0.3 -0.5 1.6 2.9 3.1 0.8 0.7 5.4

ETF Returns, up to December 2002, are simulated. They have been calculated using the historical series of equivalent ETFs / Assets.

Share this page