Skip to Content

iShares BBB Rated Corporate Bond ETF

LQDB
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
May 18 2021
Expense Ratio
0.15%
Type
Global Bonds
Fund Owner
Blackrock (iShares)
Volume (1m avg. daily)
$45,758
AUM
$24,548,672
Associated Index
iBoxx USD Liquid Investment Grade BBB 0+ Index
Inverse/Leveraged
No
Passive/Active
Passive
Fractionable on Composer
No
Prospectus

Top 10 Holdings

XTSLA
BLK CSH FND TREASURY SL AGENCY
3.01%
ABBV26A
Abbvie Inc - 2.95% NT REDEEM 21/11/2026 USD 2000
0.90%
UBDB
Nomura Holdings Inc. - 1.851% NT REDEEM 16/07/2025 USD 200000
0.76%
DB5445682
DEUTSCHE BANK AG (NEW YORK BRANCH)
0.61%
AER/24D
AerCap Ireland Capital DAC - 1.65% NT REDEEM 29/10/2024 USD 150000
0.59%
VZ26C
Verizon Communications Inc - 1.45% NT REDEEM 20/03/2026 USD 2000
0.54%
CCI28
Crown Castle Inc - 3.80% NT REDEEM 15/02/2028 USD 2000
0.53%
ORCL31
Oracle Corp. - 2.875% NT REDEEM 25/03/2031 USD 2000
0.51%
T27B
AT&T, Inc. - 2.30% NT REDEEM 01/06/2027 USD 2000
0.51%
CHTR4427724
CHARTER COMMUNICATIONS OPERATING L
0.50%
Invest with LQDB

What is LQDB?

The Fund seeks to track the investment results of the iBoxx USD Liquid Investment Grade BBB 0+ Index (the Underlying Index ), which is designed to reflect the performance of BBB (or its equivalent) fixed rate U.S. dollar-denominated bonds issued by U.S. and non-U.S. corporate issuers (as determined by Markit Indices Limited (the Index Provider or Markit )). Securities of varying maturities are eligible for inclusion in the Underlying Index. The Underlying Index offers exposure to liquid (according to Markit s liquidity screens, which could vary from other measures of liquidity) investment-grade corporate bonds and is rebalanced on a monthly basis.

ETFs related toLQDB

ETFs correlated to LQDB include LQD, VCEB, VTC

LQDB
iShares Trust - iShares BBB Rated Corporate Bond ETF
LQD
BlackRock Institutional Trust Company N.A. - iShares iBoxx USD Investment Grade Corporate Bond ETF
VCEB
Vanguard Group, Inc. - Vanguard ESG U.S. Corporate Bond ETF
VTC
Vanguard Group, Inc. - Vanguard Total Corporate Bond ETF
SUSC
iShares Trust - iShares Trust iShares ESG Aware USD Corporate Bond ETF
QLTA
BlackRock Institutional Trust Company N.A. - iShares Aaa - A Rated Corporate Bond ETF
SPBO
SPDR Series Trust - SPDR Portfolio Corporate Bond ETF
USIG
BlackRock Institutional Trust Company N.A. - iShares Broad USD Investment Grade Corporate Bond ETF
GIGB
Goldman Sachs ETF Trust - Goldman Sachs Access Investment Grade Corporate Bond ETF
DYLD
Two Roads Shared Trust - LeaderShares Dynamic Yield ETF
SPLB
SSgA Active Trust - SPDR Portfolio Long Term Corporate Bond ETF

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toLQDB

#SD

Smarter Dividends

Category

Composer's Picks, Investing for the Long-Term

Risk Rating

Moderate

#PTC

Pick the Trending Commodity

Category

Living With High Inflation, Ride the Momentum

Risk Rating

Moderate

Create your own algorithmic trading strategy with LQDB using Composer

FAQ

LQDB is a Global Bonds ETF. The Fund seeks to track the investment results of the iBoxx USD Liquid Investment Grade BBB 0+ Index (the Underlying Index ), which is designed to reflect the performance of BBB (or its equivalent) fixed rate U.S. dollar-denominated bonds issued by U.S. and non-U.S. corporate issuers (as determined by Markit Indices Limited (the Index Provider or Markit )). Securities of varying maturities are eligible for inclusion in the Underlying Index. The Underlying Index offers exposure to liquid (according to Markit s liquidity screens, which could vary from other measures of liquidity) investment-grade corporate bonds and is rebalanced on a monthly basis.

LQDB tracks the iBoxx USD Liquid Investment Grade BBB 0+ Index.

No, LQDB is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, LQDB is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on LQDB is -0.0097%. This is the percent change in the value of LQDB over the most recent 1-month period. The 3-month return on LQDB is -0.0222%. This is the percent change in the value of LQDB over the most recent 3-month period.

The standard deviation of LQDB for the past year is 0.0859%. Standard deviation is the typical amount that the daily returns vary from the mean of the returns over the time period, standardized to a period of a year.

ETFs similar to LQDB include IGSB, SPIB, and VCIT.

ETFs correlated to LQDB include LQD, VCEB, and VTC.

ETFs that are inversely correlated to LQDB include TTT, TBF, and TBX.

Disclaimers

*

We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.