iShares BBB Rated Corporate Bond ETF (LQDB) Performance
LQDB total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −1.0% since Dec 31, 2025
- 1 year
- −1.5% total return
- 5 years
- +0.3% a year
- Since first price
- +0.6% a year since 2021
LQDB trailing returns vs AGG, TLT, SPY
| Period | LQDB total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | +0.3% | −0.1% | +0.9% | +1.5% | −1.0% |
| 3 months | −0.6% | −1.9% | −0.4% | −1.0% | +3.2% |
| 6 months | −1.7% | −4.1% | −1.5% | −3.8% | +7.8% |
| YTD | −1.0% | −4.5% | −1.0% | −3.4% | +12.3% |
| 1 year | −1.5% | −6.0% | −1.1% | −6.9% | +14.4% |
| 3 years | +20.2%+6.3%/yr | +4.7% | +16.6%+5.2%/yr | +9.7%+3.1%/yr | +87.4%+23.3%/yr |
| 5 years | +1.5%+0.3%/yr | −17.9% | −0.8%−0.2%/yr | −32.5%−7.6%/yr | +79.3%+12.4%/yr |
| Since inceptionMay 21, 2021 | +3.2%+0.6%/yr | −17.2% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: LQDB vs AGG
From May 21, 2021: LQDB grew to $10,316, AGG to $9,973.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
LQDB returns by calendar year
3 of 4 full years positive. Best 2023 (+9.6%), worst 2022 (−15.5%). 2026 is year to date.
LQDB annual returns table
| Year | LQDB | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | −1.0% | −4.1% | −1.0% | −3.4% | +12.3% |
| 2025 | +7.5% | −2.9% | +7.2% | +4.3% | +17.7% |
| 2024 | +2.4% | −3.4% | +1.3% | −8.1% | +24.9% |
| 2023 | +9.6% | −6.8% | +5.7% | +2.8% | +26.2% |
| 2022 | −15.5% | −19.7% | −13.0% | −31.2% | −18.2% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
LQDB largest drawdowns
Now 2.6% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Sep 22, 2021 | −21.6% | Oct 20, 2022 | Sep 15, 2025 | 1.1 years | 4.0 years |
Declines from a closing high (distributions reinvested) of 5% or more. Underwater = time from the peak until the old high was regained.
LQDB risk statistics
| Statistic | 3 years | 5 years | Since 2021 |
|---|---|---|---|
| Annualized return | +5.2% | −0.1% | +0.2% |
| Volatility (annualized) | 6.1% | 8.0% | 7.8% |
| Sharpe ratio | 0.15 | -0.43 | -0.37 |
| Sortino ratio | 0.24 | -0.56 | -0.49 |
| Best month | +6.1% | +6.1% | +6.1% |
| Worst month | −2.6% | −5.8% | −5.8% |
| Best 12 months | +14.3% | +14.3% | +14.3% |
| Worst 12 months | −2.0% | −19.3% | −19.3% |
| Positive months | 64% | 55% | 55% |
| Beta vs S&P 500 | 0.29 | 0.37 | — |
| Correlation with S&P 500 | 0.59 | 0.72 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
LQDB rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 54 | −19.3% | +4.4% | +14.3% | 72% |
| 3-year (a year) | 30 | −2.6% | +4.9% | +7.8% | 70% |
| 5-year (a year) | 6 | −0.1% | +0.2% | +1.0% | 83% |
Every holding period starting at a month-end since 2021. Returns for 3 years and longer are annualized.
LQDB performance overview
iShares BBB Rated Corporate Bond ETF (LQDB) returned −1.5% over the past year and +0.3% a year over five years, with distributions reinvested. Since its first recorded price in 2021 it has returned +0.6% a year, turning $10,000 into about $10,316. Over the same year U.S. bonds (AGG) returned −1.1%.
The deepest decline was −21.6%, from Sep 22, 2021 to Oct 20, 2022, and it took 2.9 years to get back to the old high. LQDB finished 3 of its 4 full calendar years with a gain; the best year was 2023 (+9.6%) and the worst 2022 (−15.5%). Volatility has been 7.8% a year.
Related: LQDB chart, LQDB dividends, LQDB bond profile. See the LQDB overview for the latest quote and fund facts.
LQDB performance FAQ
What is the LQDB return over the past year?
LQDB returned −1.5% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 6.0%.
What is the average annual return of LQDB?
LQDB has returned +0.3% a year over 5 years, +0.6% a year since May 21, 2021 (total return, distributions reinvested).
How much would $10,000 invested in LQDB be worth?
$10,000 invested in LQDB at its first recorded close on May 21, 2021 would be worth about $10,316 on October 23, 2026 with distributions reinvested.
What was the worst year for LQDB?
The worst calendar year was 2022, with a total return of −15.5%. The best was 2023 at +9.6%.
What is the biggest drawdown of LQDB?
The largest peak-to-trough decline was −21.6% between September 22, 2021 and October 20, 2022. It recovered to the old high on September 15, 2025, 2.9 years after the bottom.
How volatile is LQDB?
Over the past 3 years LQDB had an annualized volatility of 6.1% and a Sharpe ratio of 0.15 (excess return over 1–3 month T-bills per unit of risk).