iShares Inflation Hedged Corporate Bond (LQDI) Performance
LQDI total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −1.3% since Dec 31, 2025
- 1 year
- −2.3% total return
- 5 years
- +0.3% a year
- Since first price
- +3.9% a year since 2018
LQDI trailing returns vs AGG, TLT, SPY
| Period | LQDI total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | +0.4% | +0.0% | +0.9% | +1.5% | −1.0% |
| 3 months | −1.0% | −2.3% | −0.4% | −1.0% | +3.2% |
| 6 months | −2.6% | −4.9% | −1.5% | −3.8% | +7.8% |
| YTD | −1.3% | −4.8% | −1.0% | −3.4% | +12.3% |
| 1 year | −2.3% | −6.8% | −1.1% | −6.9% | +14.4% |
| 3 years | +19.6%+6.2%/yr | +4.3% | +16.6%+5.2%/yr | +9.7%+3.1%/yr | +87.4%+23.3%/yr |
| 5 years | +1.5%+0.3%/yr | −17.4% | −0.8%−0.2%/yr | −32.5%−7.6%/yr | +79.3%+12.4%/yr |
| Since inceptionMay 15, 2018 | +37.6%+3.9%/yr | +1.1% | — | — | — |
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: LQDI vs AGG
From May 15, 2018: LQDI grew to $13,758, AGG to $11,657.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
LQDI returns by calendar year
6 of 7 full years positive. Best 2019 (+15.8%), worst 2022 (−15.3%). 2026 is year to date.
LQDI annual returns table
| Year | LQDI | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | −1.3% | −5.4% | −1.0% | −3.4% | +12.3% |
| 2025 | +8.8% | −4.3% | +7.2% | +4.3% | +17.7% |
| 2024 | +1.5% | −4.0% | +1.3% | −8.1% | +24.9% |
| 2023 | +8.9% | −6.4% | +5.7% | +2.8% | +26.2% |
| 2022 | −15.3% | −19.2% | −13.0% | −31.2% | −18.2% |
| 2021 | +7.5% | −5.0% | −1.8% | −4.6% | +28.7% |
| 2020 | +12.0% | −29.0% | +7.5% | +18.2% | +18.3% |
| 2019 | +15.8% | −3.4% | +8.5% | +14.1% | +31.2% |
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.
LQDI largest drawdowns
Now 3.4% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Mar 6, 2020 | −29.0% | Mar 20, 2020 | Jul 7, 2020 | 14 days | 4 months |
| Nov 9, 2021 | −20.7% | Oct 20, 2022 | Aug 28, 2025 | 11 months | 3.8 years |
| Jun 2, 2026 | −5.4% | Oct 5, 2026 | not yet | 4 months | 5 months so far |
Declines from a closing high (distributions reinvested) of 5% or more. Underwater = time from the peak until the old high was regained.
LQDI risk statistics
| Statistic | 3 years | 5 years | Since 2018 |
|---|---|---|---|
| Annualized return | +5.0% | +0.3% | +3.7% |
| Volatility (annualized) | 6.1% | 9.2% | 9.1% |
| Sharpe ratio | 0.11 | -0.32 | 0.16 |
| Sortino ratio | 0.17 | -0.41 | 0.21 |
| Best month | +5.6% | +6.6% | +6.6% |
| Worst month | −2.8% | −8.3% | −11.3% |
| Best 12 months | +13.9% | +13.9% | +20.1% |
| Worst 12 months | −3.3% | −17.5% | −17.5% |
| Positive months | 64% | 55% | 60% |
| Beta vs S&P 500 | 0.32 | 0.48 | — |
| Correlation with S&P 500 | 0.65 | 0.82 | — |
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.
LQDI rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 90 | −17.5% | +5.7% | +20.1% | 79% |
| 3-year (a year) | 66 | −2.2% | +2.8% | +11.7% | 76% |
| 5-year (a year) | 42 | +0.2% | +3.0% | +5.2% | 100% |
Every holding period starting at a month-end since 2018. Returns for 3 years and longer are annualized.
LQDI performance overview
iShares Inflation Hedged Corporate Bond (LQDI) returned −2.3% over the past year and +0.3% a year over five years, with distributions reinvested. Since its first recorded price in 2018 it has returned +3.9% a year, turning $10,000 into about $13,758. Over the same year U.S. bonds (AGG) returned −1.1%.
The deepest decline was −29.0%, from Mar 6, 2020 to Mar 20, 2020, and it took 4 months to get back to the old high. LQDI finished 6 of its 7 full calendar years with a gain; the best year was 2019 (+15.8%) and the worst 2022 (−15.3%). Volatility has been 9.1% a year.
Related: LQDI chart, LQDI dividends, LQDI bond profile. See the LQDI overview for the latest quote and fund facts.
LQDI performance FAQ
What is the LQDI return over the past year?
LQDI returned −2.3% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 6.8%.
What is the average annual return of LQDI?
LQDI has returned +0.3% a year over 5 years, +3.9% a year since May 15, 2018 (total return, distributions reinvested).
How much would $10,000 invested in LQDI be worth?
$10,000 invested in LQDI at its first recorded close on May 15, 2018 would be worth about $13,758 on October 23, 2026 with distributions reinvested.
What was the worst year for LQDI?
The worst calendar year was 2022, with a total return of −15.3%. The best was 2019 at +15.8%.
What is the biggest drawdown of LQDI?
The largest peak-to-trough decline was −29.0% between March 6, 2020 and March 20, 2020. It recovered to the old high on July 7, 2020, 4 months after the bottom.
How volatile is LQDI?
Over the past 3 years LQDI had an annualized volatility of 6.1% and a Sharpe ratio of 0.11 (excess return over 1–3 month T-bills per unit of risk).