|Day Lo||-||Day Hi||-|
|Type||Ticker||Expense Ratio||Assets||Avg. Daily Vol||YTD Return|
|Largest (AUM)||VCSH||0.12%||$10,998.3 M||983,173||2.01%|
|Most Liquid (Volume)||VCSH||0.12%||$10,998.3 M||983,173||2.01%|
|Top YTD Performer||LWC||0.12%||$149.5 M||41,239||9.74%|
The index measures the performance of 600 highly liquid investment grade corporate bonds.
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.View the Category Report
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.
The following tables and charts contain in-depth metrics for this ETF and compare it to similar peer ETFs within its ETFdb Category.
This section compares how balanced and deep this ETF is relative to the peer group ETFdb Category.
|Cash And Equivalents||0.73%|
|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%||2.13%|
|1% to 2%||2.23%|
|2% to 3%||21.08%|
|3% to 4%||24.18%|
|4% to 5%||25.09%|
|5% to 6%||11.61%|
|6% to 7%||9.21%|
|7% to 8%||1.94%|
|8% to 9%||1.59%|
|9% to 10%||0.22%|
|Greater Than 10%||0.0%|
|Less Than 1 Year||0.0%|
This section compares the cost efficiency of this ETF to peers in the same ETFdb Category.
There are 22 other ETFs in the Corporate Bonds ETFdb Category that are also eligible for commission free trading:
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 volatility of this ETF compares to the peer group ETFdb Category.
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