LQDH iShares Interest Rate Hedged Corporate Bond ETF
What is LQDH?
LQDH tracks an index that holds iShares iBoxx USD Investment Grade Corporate Bond ETF (LQD), which targets USD-denominated investment corporate bonds, while mitigating duration risk.
LQDH Factset Analytics Insight
LQDH tracks an index that primarily takes a long position in iShares iBoxx USD Investment Grade Corporate Bond ETF (LQD) and shorts Treasury futures to achieve a net-zero portfolio duration. This strategy aims to capture only the credit spread without interest-rate risk, although precise duration hedging is hard to implement in the real world. For reference, LQD consists of USD denominated, investment-grade corporate bonds, weighted by market value and rebalanced monthly. Prior to Dec. 1, 2021, the fund is actively-managed holding the ETF LQD and using the same strategy of hedging interest rate risk.
LQDH Summary Data
LQDH Portfolio Data
LQDH Index Data
LQDH Portfolio Management
LQDH Tax Exposures
LQDH Fund Structure
Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of LQDH. LQDH is rated a N/A out of 5.
LQDH Sector/Industry Breakdown