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iShares iBoxx $ Invmt Grade Corp Bd ETF LQD

Analyst rating as of

Morningstar’s Analysis LQD

Will LQD outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Active bets can be a drawback.

Associate Analyst

Summary

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IShares iBoxx $ Investment Grade Corporate Bond ETF LQD provides market-cap-weighted exposure to the more-liquid portion of the investment-grade U.S. corporate-bond market. However, its maturity threshold and liquidity screen produce active duration and credit quality bets away from its opportunity set that are not guaranteed to pay off over the long run. The fund’s limited ability to represent its market supports a Morningstar Analyst Rating of Neutral.

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