LQD iShares iBoxx $ Investment Grade Corporate Bond ETF
- Corporate Bonds
Alternative ETFs in the Corporate Bonds Category
|Type||Ticker||Expense Ratio||Assets||Avg. Daily Vol||YTD Return|
|Largest (AUM)||VCSH||0.12%||$10,998.3 M||1,025,944||-0.05%|
|Most Liquid (Volume)||SCPB||0.12%||$4,488.7 M||1,059,222||-0.08%|
|Top YTD Performer||CFT||0.15%||$773.4 M||30,752||4.22%|
The index measures the performance of 600 highly liquid investment grade corporate bonds.
Realtime Rating Summary
LQD is a passive ETF that seeks to replicate iBoxx $ Liquid Investment Grade Index. The index measures the performance of 600 highly liquid investment grade corporate bonds.
The adjacent table shows a Realtime Rating for several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETFdb Pro members, highlights the best rated ETF in the Corporate Bonds category for each metric. To view information on how the ETFdb Realtime Ratings work, click here.
This ETF is the most popular option for investors looking to gain exposure to investment grade corporate bonds, making it a useful tool for those looking to access a corner of the bond market that should be a core component of any long-term, buy-and-hold portfolio. LQD is probably of limited use for short term traders, who will prefer to utilize more extreme ends of the risk spectrum to capitalize off of short term movements in asset prices and risk tolerance. This ETF should, however, be very useful to those building a long-term portfolio; exposure to corporate bonds can deliver attractive yields without excessive risks. LQD can specifically be helpful for those with holdings in AGG or BND, beefing up the relatively minor allocations those aggregate products make to corporate debt (those ETFs are dominated by government bonds). While LQD is spread out across the maturity spectrum, investors do have options for more granular exposure to long term (VCLT) or short term (SCPB, VCSH) corporate debt. LQD is extremely cost efficient, and offers an impressively deep underlying portfolio of fixed income securities. But there are some interesting alternatives out there that may make more sense for certain investors. CBND, for example, offers similar exposure but uses a unique weighting methodology that may be more appealing. Whereas LQD gives the largest weightings to the biggest issues of debt, CBND uses fundamental factors such as return on assets and interest coverage ratio to determine the weightings assigned.
LQD In-Depth Analysis
The following tables and charts contain in-depth metrics for this ETF and compare it to similar peer ETFs within its ETFdb Category.
LQD HoldingsFilings Data as of: Feb 02, 2016
Top Ten Holdings
Verizon Comms 5.15%
Verizon Comms 6.55%
Goldman Sachs Grp 6.75%
General Elec Cap Corp Mtn Be 5.875%
Anheuser Busch Inbev Fin 3.65%
Ge Cap Intl Fdg 144A 4.418%
Goldman Sachs Grp 5.75%
General Elec Cap Corp Mtn Be 6.875%
Deutsche Telekom Intl Fin B V 8.25%
This section compares how balanced and deep this ETF is relative to the peer group ETFdb Category.
Bond Sector Breakdown
Bond Detailed Sector Breakdown
|Cash And Equivalents||0.95%|
|Agency Mortgage Backed||0.0%|
|Commercial Mortgage Backed||0.0%|
|Non Agency Residential Mortgage Backed||0.0%|
|US Municipal Tax Advantaged||0.0%|
|0% to 1%||2.38%|
|1% to 2%||2.26%|
|2% to 3%||21.63%|
|3% to 4%||22.99%|
|4% to 5%||23.84%|
|5% to 6%||12.14%|
|6% to 7%||9.61%|
|7% to 8%||2.35%|
|8% to 9%||1.63%|
|9% to 10%||0.22%|
|Greater Than 10%||0.0%|
|Less Than 1 Year||0.0%|
LQD Expenses & Fees
This section compares the cost efficiency of this ETF to peers in the same ETFdb Category.
Expenses Ratio Analysis
This section shows how this ETF has performed relative to its peer group ETFdb Category.
The following charts can be customized to display historical performance in a number of different formats, including line charts, bar charts, and candlesticks. Time periods can be adjusted to increase or decrease the period shown, ranging from five minutes to several months.
The following chart also includes the option to compare the performance of LQD relative to other ETFs and benchmarks or to include indicators such as Bollinger Bands, relative strength, and moving averages.
This section shows how the P/E multiple of this ETF compares to the peer group ETFdb Category.
As of Feb 12, 2016
This section shows how the volatility of this ETF compares to the peer group ETFdb Category.
- 20 Day MA: $113.49
- 60 Day MA: $114.00
- MACD 15 Period: -0.04
- MACD 100 Period: -0.85
- Williams % Range 10 Day: 72.46
- Williams % Range 20 Day: 61.29
- RSI 10 Day: 47
- RSI 20 Day: 47
- RSI 30 Day: 47
- Ultimate Oscillator: 48
- Lower Bollinger (10 Day): $113.16
- Upper Bollinger (10 Day): $114.12
- Lower Bollinger (20 Day): $112.95
- Upper Bollinger (20 Day): $114.06
- Lower Bollinger (30 Day): $112.94
- Upper Bollinger (30 Day): $114.45
Support & Resistance
- Support Level 1: $113.16
- Support Level 2: $112.84
- Resistance Level 1: $113.82
- Resistance Level 2: $114.16
- Stochastic Oscillator %D (1 Day): 44.41
- Stochastic Oscillator %D (5 Day): 51.38
- Stochastic Oscillator %K (1 Day): 46.70
- Stochastic Oscillator %K (5 Day): 57.11
Latest LQD News
Buy On The Dip Prospects: December 8th Edition
How to Build an Income Portfolio with ETFs: Insights from David Fabian
Better Research for Fixed Income ETF Investors
Other ETFs in this ETFdb Category
- SCPB SPDR Barclays Capital Short Term Corporate Bond ETF
- VCSH Short-Term Corporate Bond Index Fund
- FLOT iShares Floating Rate Bond ETF
- VCIT Intermediate-Term Corporate Bond Index Fund
- CSJ iShares 1-3 Year Credit Bond ETF
- CIU iShares Intermediate Credit Bond ETF
- ITR SPDR Barclays Capital Intermediate Term Credit Bond ETF
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