iShares Investment Grade Corporate Bond (LQD) to EUR Hedged: Historical Returns

Data Source: from January 1950 to June 2024 (~75 years)
Consolidated Returns as of 30 June 2024

This asset allocation page includes ETFs that are not available in our database in EUR or are not yet mapped to the specific ones. We kept the original tickers and calculated returns using historical exchange rates or, if applicable, interest rate differentials for currency hedging.

You need to choose EUR-based ETFs that follow the same benchmarks. Actual returns should be comparable, but they may vary due to differences in sampling methods, annual fees, and the exchange rates used for month-end calculations. Similar EUR ETFs (hedged or not) may not always be available.

Category: Fixed Income

iShares Investment Grade Corporate Bond (LQD) to EUR Hedged ETF

Currency: EUR

As of June 2024, in the previous 30 Years, the iShares Investment Grade Corporate Bond (LQD) to EUR Hedged ETF obtained a 4.62% compound annual return, with a 7.25% standard deviation. It suffered a maximum drawdown of -24.54% that required 42 months to be recovered.

Table of contents

The first official book of

Mastering ETF Investing

Build wealth
with Lazy Portfolios and Passive Investing

Set your goal
Use top metrics to evaluate
Join the passive investing strategy

Exclusive new asset allocations in EUR and USD

Buy now
English book

Buy now
Italian book

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▾	Currency
In Saecula Saeculorum To EUR	Fulvio Marchese	15.00%	EUR
In Saecula Saeculorum To EUR Hedged	Fulvio Marchese	15.00%	EUR Hedged
In Saecula Saeculorum To EUR Bond Hedged	Fulvio Marchese	15.00%	EUR Hedged

Analyze your Portfolio: Backtest Now!
Explore historical data since 1871 and fine-tune your investment strategy for better results.

Investment Returns as of Jun 30, 2024

The iShares Investment Grade Corporate Bond (LQD) to EUR Hedged ETF guaranteed the following returns.

Returns are calculated in EUR, assuming:

no fees or capital gain taxes.
the currency hedging (simulation taking into account the interest rate differentials of the countries). It is also assumed that hedged instruments have an additional expense ratio of 0.25% (yearly), compared to the US original instrument.
the actual Euro Inflation rates.

ISHARES INVESTMENT GRADE CORPORATE BOND (LQD) TO EUR HEDGED ETF

Data Source: 1 January 1950 - 30 June 2024 (~75 years)

Swipe left to see all data

	Chg (%)		Return (%)	Return (%) as of Jun 30, 2024
	1 Day	*Time ET^()**	Jul 2024	1M	6M	1Y	5Y	10Y	30Y	MAX (~75Y)
iShares Investment Grade Corporate Bond (LQD) to EUR Hedged ETF	n.a.		n.a.	0.48	-1.98	2.19	-0.97	0.98	4.62	5.27
Euro Inflation Adjusted return				0.26	-3.95	-0.33	-4.53	-1.33	2.50	2.54
Returns over 1 year are annualized
(*) Eastern Time (ET - America/New York)
Euro Inflation is updated to Jun 2024. Inflation (annualized) is 1Y: 2.53% , 5Y: 3.73% , 10Y: 2.35% , 30Y: 2.07%

Need other portfolios? Select your currency here

USD

EUR

Capital Growth as of Jun 30, 2024

An investment of 1€, from July 1994 to June 2024, would be worth 3.88€, with a total return of 287.58% (4.62% annualized).

The Inflation Adjusted Capital would be 2.10€, with a net total return of 109.70% (2.50% annualized).

Loading data
Please wait

An investment of 1€, from January 1950 to June 2024, would be worth 45.82€, with a total return of 4482.20% (5.27% annualized).

The Inflation Adjusted Capital would be 6.50€, with a net total return of 549.53% (2.54% annualized).

Loading data
Please wait

Readings that may interest you

Investment Metrics as of Jun 30, 2024

Metrics of iShares Investment Grade Corporate Bond (LQD) to EUR Hedged ETF, updated as of 30 June 2024, provide a comprehensive overview of the portfolio's performance and risk characteristics.

These metrics include detailed data on returns, volatility, drawdowns and other key performance indicators. By examining them, you can gain insights into how the portfolio has performed over various time periods and understand its risk profile.

Metrics are calculated based on monthly returns, assuming:

no fees or capital gain taxes.
the currency hedging (simulation taking into account the interest rate differentials of the countries). It is also assumed that hedged instruments have an additional expense ratio of 0.25% (yearly), compared to the US original instrument.

the actual Euro Inflation rates.

ISHARES INVESTMENT GRADE CORPORATE BOND (LQD) TO EUR HEDGED ETF

Advanced Metrics

Data Source: 1 January 1950 - 30 June 2024 (~75 years)

Swipe left to see all data

	Metrics as of Jun 30, 2024
	1M	3M	6M	1Y	3Y	5Y	10Y	20Y	30Y	MAX (~75Y)
Investment Return (%)	0.48	-0.83	-1.98	2.19	-5.25	-0.97	0.98	3.36	4.62	5.27
Infl. Adjusted Return (%)	0.26	-1.83	-3.95	-0.33	-10.22	-4.53	-1.33	1.22	2.50	2.54
Euro Inflation (%)	0.21	1.01	2.05	2.53	5.53	3.73	2.35	2.11	2.07	2.66
Returns / Inflation rates over 1 year are annualized.
DRAWDOWN Inflation Adjusted: Inflation Adjusted:			Current	1Y	3Y	5Y	10Y	20Y	30Y	MAX
Deepest Drawdown Depth (%)			-16.64	-7.40	-24.03	-24.54	-24.54	-24.54	-24.54	-28.35
Start to Recovery (# months)			42*	6	35*	42*	42*	42*	42*	62
Start (yyyy mm)				2023 07	2021 08	2021 01	2021 01	2021 01	2021 01	1977 09
Start to Bottom (# months)				4	15	22	22	22	22	49
Bottom (yyyy mm)				2023 10	2022 10	2022 10	2022 10	2022 10	2022 10	1981 09
Bottom to End (# months)				2	20	20	20	20	20	13
End (yyyy mm)				2023 12	-	-	-	-	-	1982 10
Longest Drawdown Depth (%)				-4.46	same	same	same	same	same	same
Start to Recovery (# months)				6*	same	same	same	same	same	same
Start (yyyy mm)				2024 01	2021 08	2021 01	2021 01	2021 01	2021 01	1977 09
Start to Bottom (# months)				4	15	22	22	22	22	49
Bottom (yyyy mm)				2024 04	2022 10	2022 10	2022 10	2022 10	2022 10	1981 09
Bottom to End (# months)				2	20	20	20	20	20	13
End (yyyy mm)				-	-	-	-	-	-	1982 10
Longest negative period (# months)				10	36*	60*	112	113	113	126
Period Start (yyyy mm)				2023 07	2021 07	2019 07	2014 07	2014 06	2014 06	1971 04
Period End (yyyy mm)				2024 04	2024 06	2024 06	2023 10	2023 10	2023 10	1981 09
Annualized Return (%)				-0.47	-5.25	-0.97	-0.01	-0.01	-0.01	-0.16
Drawdowns / Negative periods marked with * are in progress
Deepest Drawdown Depth (%)			-30.91	-8.22	-34.30	-36.37	-36.37	-36.37	-36.37	-42.10
Start to Recovery (# months)			43*	5	35*	43*	43*	43*	43*	173
Start (yyyy mm)				2023 08	2021 08	2020 12	2020 12	2020 12	2020 12	1971 04
Start to Bottom (# months)				3	27	35	35	35	35	126
Bottom (yyyy mm)				2023 10	2023 10	2023 10	2023 10	2023 10	2023 10	1981 09
Bottom to End (# months)				2	8	8	8	8	8	47
End (yyyy mm)				2023 12	-	-	-	-	-	1985 08
Longest Drawdown Depth (%)				-5.98	same	same	same	-18.06	-18.06	same
Start to Recovery (# months)				6*	same	same	same	54	54	same
Start (yyyy mm)				2024 01	2021 08	2020 12	2020 12	2005 02	2005 02	1971 04
Start to Bottom (# months)				4	27	35	35	45	45	126
Bottom (yyyy mm)				2024 04	2023 10	2023 10	2023 10	2008 10	2008 10	1981 09
Bottom to End (# months)				2	8	8	8	9	9	47
End (yyyy mm)				-	-	-	-	2009 07	2009 07	1985 08
Longest negative period (# months)				12*	36*	60*	120*	164	164	390
Period Start (yyyy mm)				2023 07	2021 07	2019 07	2014 07	2010 09	2010 09	1950 01
Period End (yyyy mm)				2024 06	2024 06	2024 06	2024 06	2024 04	2024 04	1982 06
Annualized Return (%)				-0.33	-10.22	-4.53	-1.33	-0.05	-0.05	-0.12
Drawdowns / Negative periods marked with * are in progress
RISK INDICATORS				1Y	3Y	5Y	10Y	20Y	30Y	MAX
Standard Deviation (%)				11.03	11.48	10.38	8.18	8.04	7.25	7.21
Sharpe Ratio				-0.28	-0.71	-0.29	-0.05	0.24	0.32	0.18
Sortino Ratio				-0.47	-1.08	-0.41	-0.06	0.35	0.45	0.26
Ulcer Index				3.04	15.81	12.79	9.37	6.98	5.83	5.65
Ratio: Return / Standard Deviation				0.20	-0.46	-0.09	0.12	0.42	0.64	0.73
Ratio: Return / Deepest Drawdown				0.30	-0.22	-0.04	0.04	0.14	0.19	0.19
Positive Months (%)				41.66	38.88	50.00	53.33	57.08	61.38	62.19
Positive Months				5	14	30	64	137	221	556
Negative Months				7	22	30	56	103	139	338
LONG TERM RETURNS Inflation Adjusted: Inflation Adjusted:				1Y	3Y	5Y	10Y	20Y	30Y	MAX
Best 10 Years Return (%) - Annualized							0.98	6.52	7.80	13.42
Worst 10 Years Return (%) - Annualized							0.98	0.28	0.28	-0.12
Best 10 Years Return (%) - Annualized							-1.33	5.22	5.74	10.76
Worst 10 Years Return (%) - Annualized							-1.33	-1.70	-1.70	-5.09
TIMEFRAMES Inflation Adjusted: Inflation Adjusted:	1M	3M	6M	1Y	3Y	5Y	10Y	20Y	30Y	MAX
··· As of Jun 2024 - Over the previous 30Y
Best Rolling Return (%) - Annualized				29.00	15.99	11.23	7.80	6.64	4.62
Worst Rolling Return (%) - Annualized				-22.91	-7.78	-2.02	0.28	2.99	4.62
Positive Periods (%)				78.7	90.7	95.3	100.0	100.0	100.0
Best Rolling Return (%) - Annualized				29.15	14.15	9.47	5.74	4.79	2.50
Worst Rolling Return (%) - Annualized				-30.32	-12.84	-5.27	-1.70	0.85	2.50
Positive Periods (%)				67.0	83.0	88.0	89.6	100.0	100.0
95% VaR - Value at Risk (%) - Cumulative	3.04	4.76	6.04	6.10	14.83	0.00	0.00	0.00
95% CVaR - Conditional Value at Risk (%)	3.91	6.27	8.17	14.11	18.25	3.94	0.00	0.00
99% VaR - Value at Risk (%) - Cumulative	4.47	7.23	9.53	19.18	21.42	6.65	0.00	0.00
99% CVaR - Conditional Value at Risk (%)	5.38	8.81	11.75	22.39	24.13	10.01	0.00	0.00
Short term VaRs: analytical \| 1+ year VaRs: historical data
Safe Withdrawal Rate (%)				81.89	26.00	18.51	10.28	6.17	5.83
Perpetual Withdrawal Rate (%)				---	---	---	---	1.01	3.05
% based on initial capital, inflation-adj. monthly withdrawals afterwards \| Credits: BestRetirementPortfolio.com
··· All available data (Jan 1950 - Jun 2024)
Best Rolling Return (%) - Annualized				36.23	20.43	19.45	13.42	10.94	9.32
Worst Rolling Return (%) - Annualized				-22.91	-9.81	-4.55	-0.12	1.87	2.78
Positive Periods (%)				78.3	90.2	95.5	99.8	100.0	100.0
Best Rolling Return (%) - Annualized				35.04	16.92	16.72	10.76	8.39	6.90
Worst Rolling Return (%) - Annualized				-30.32	-14.68	-8.76	-5.09	-2.11	-0.33
Positive Periods (%)				63.5	78.8	78.9	83.6	89.7	97.7
95% VaR - Value at Risk (%) - Cumulative	2.97	4.58	5.68	6.10	12.09	0.00	0.00	0.00	0.00
95% CVaR - Conditional Value at Risk (%)	3.84	6.07	7.80	11.74	18.86	7.99	0.00	0.00	0.00
99% VaR - Value at Risk (%) - Cumulative	4.39	7.03	9.16	15.72	21.42	15.92	0.00	0.00	0.00
99% CVaR - Conditional Value at Risk (%)	5.29	8.60	11.37	19.16	25.85	20.05	0.00	0.00	0.00
Short term VaRs: analytical \| 1+ year VaRs: historical data
Safe Withdrawal Rate (%)				81.89	26.00	15.56	8.38	4.56	3.40
Perpetual Withdrawal Rate (%)				---	---	---	---	---	---
% based on initial capital, inflation-adj. monthly withdrawals afterwards \| Credits: BestRetirementPortfolio.com

Terms and Definitions

Annualized Portfolio Return: it's the annualized geometric mean return of the portfolio.
Deepest/Longest Drawdown: a drawdown refers to the decline in value from a relative peak value to a relative trough. The deepest (or maximum) drawdown is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained. The longest drawdown is the period observed from a peak to the subsequent peak with the greatest duration.

Longest negative period: it's the maximum period for which an overall negative return has been observed.
Standard Deviation: it's a measure of the dispersion of returns around the mean.
Sharpe Ratio: it's a measure of risk-adjusted performance of the portfolio. It's calculated by dividing the excess return of the portfolio over the risk-free rate by the portfolio standard deviation. The risk-free rate here considered is the 1-3 Mth T-Bill return.

Sortino Ratio: another measure of risk-adjusted performance of the portfolio. It's a modification of the Sharpe Ratio (same formula but the denominator is the portfolio downside standard deviation).
Ulcer Index: it's a measure of downside risk that quantifies the depth and duration of drawdowns in an investment portfolio.
Best/Worst 10Y returns: the best and the worst 10-year return over a time frame.

Rolling Returns: N-year returns over a time frame, calculated over all the available data source (best, worst, % of positive returns). Each rolling period, longer than the longest negative period, yielded a non-negative minimum return.
Value at Risk (VaR): it's an evaluation of a cumulative worst-case loss (in absolute value), associated with a probability (95%-99%) and a time horizon. For short term, it's calculated based on the expected return and standard deviation, assuming a normal distribution of monthly returns. For long term is retrieved by the historical rolling return data.
Conditional Value at Risk (CVaR): it represents the average expected loss if that worst-case threshold (95%-99%) is ever crossed.
Safe Withdrawal Rate (SWR): it's the percentage of the initial portfolio balance that can be withdrawn at the beginning of each month with inflation adjustment, without the portfolio running out of money in any case (money amount withdrawal).
For instance: Your initial invested capital is 100.000$; withdrawal rate (annualized) is 4%. This means that, in the first month, you will withdraw 100.000 * 4% * 1/12 = 333.33$. The second month, you’ll withdraw 333.33$ plus the inflation monthly rate. You’ll continue adjusting your withdraw monthly for inflation.

Perpetual Withdrawal Rate (PWR): it's the percentage of the initial portfolio balance that can be withdrawn at the beginning of each month with inflation adjustment, preserving the original invested capital, adjusted for inflation too.

The first official book of

Mastering ETF Investing

Build wealth
with Lazy Portfolios and Passive Investing

Buy now
English book

Buy now
Italian book

Drawdowns

A drawdown refers to the decline in value from a relative peak value to a relative trough. A maximum drawdown is the maximum observed loss from a peak to a trough of a portfolio before a new peak is attained.

ISHARES INVESTMENT GRADE CORPORATE BOND (LQD) TO EUR HEDGED ETF

Drawdown periods

Drawdown periods - Inflation Adjusted

Data Source: 1 July 1994 - 30 June 2024 (30 Years)

Data Source: 1 January 1950 - 30 June 2024 (~75 years)

Inflation Adjusted:

Chart Table Range

Loading data
Please wait

Swipe left to see all data

Loading data
Please wait

Swipe left to see all data

Loading data
Please wait

Swipe left to see all data

Loading data
Please wait

Swipe left to see all data

Loading data
Please wait

Rolling Returns

( more details)

A rolling return is a measure of investment performance that calculates the return of an investment over a set period of time, with the starting date rolling forward. This approach can provide a more accurate representation of the investment's historical performance and helps investors to evaluate the investment's consistency over time.

ISHARES INVESTMENT GRADE CORPORATE BOND (LQD) TO EUR HEDGED ETF

Annualized Rolling Returns

Annualized Rolling Returns - Inflation Adjusted

Data Source: 1 July 1994 - 30 June 2024 (30 Years)

Data Source: 1 January 1950 - 30 June 2024 (~75 years)

Inflation Adjusted:

Return Chart Capital Chart Table

Loading data
Please wait

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

Seasonality

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

Both the Average Return and the Gain Frequency (Win %) are useful to get an idea of what happened in the past. They are retrieved considering the data source from January 1950 to June 2024.

Swipe left to see all data

Loading data
Please wait

Swipe left to see all data

Loading data
Please wait

Swipe left to see all data

Loading data
Please wait

For further information about the seasonality, check the Asset Class Seasonality page.

Monthly Returns

This section provides a visual/tabular representation of the performance variability in the iShares Investment Grade Corporate Bond (LQD) to EUR Hedged ETF over time. It illustrates the distribution of monthly returns, showcasing the range and frequency of positive and negative returns.

ISHARES INVESTMENT GRADE CORPORATE BOND (LQD) TO EUR HEDGED ETF

Monthly Returns Distribution

Data Source: 1 July 1994 - 30 June 2024 (30 Years)

Data Source: 1 January 1950 - 30 June 2024 (~75 years)

221 Positive Months (61%) - 139 Negative Months (39%)

556 Positive Months (62%) - 338 Negative Months (38%)

Loading data
Please wait

Swipe left to see all data

(Scroll down to see all data)

Loading data
Please wait

Investment Returns, up to December 2002, have been derived using the historical series of equivalent ETFs / Assets.
You can find additional information on extended Data Sources here.

Hedged returns are calculated taking into account the interest rate differentials of the countries. It is assumed that hedged instruments have an additional expense ratio of 0.25% (yearly).

The first official book of

Mastering ETF Investing

Build wealth
with Lazy Portfolios and Passive Investing

Buy now
English book

Buy now
Italian book