LQDH
iShares Interest Rate Hedged Corporate Bond ETFLQDH Fund Description
The iShares Interest Rate Hedged Corporate Bond ETF is an actively managed fund-of-funds that targets USD-denominated investment corporate bonds while mitigating duration risk.
LQDH Factset Analytics Insight
LQDH—an actively manage fund-of-funds—primarily takes a long position in LQD (an iShares corporate investment-grade ETF) 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. The fund’s 25 bp expense ratio is fair given its duration-hedging overlay. LQDH should blossom in liquidity given its superbly liquid underlying, which should ultimately benefit investors large and small. Still, the new fund will have to fight for investor interest just like any other. In addition to being a solution to rising interest rates, LQDH may also appeal to existing LQD investors as an overlay for those who want to shorten their portfolio duration without significantly altering the underlying credit and liquidity profile.
LQDH CHARTS AND PERFORMANCE
-
1 Month
-
3 Months
-
YTD
-
1 Year
-
3 Years
-
5 Years
-
Max
-
1 Month
-
3 Months
-
YTD
-
1 Year
-
3 Years
-
5 Years
-
Max
-
LQDH Top 10 Countries [View All]
LQDH Top 10 Sectors
LQDH Top 10 Holdings
LQDH Summary Data
LQDH Portfolio Data
LQDH Index Data
LQDH Portfolio Management
LQDH Tax Exposures
LQDH Fund Structure
LQDH Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of LQDH. LQDH is rated a 5 out of 5.
LQDH Tradability
LQDH Sector/Industry Breakdown
LQDH
LQDH Top 5 Countries
LQDH
LQDH Top 5 Currencies
LQDH
LQDH Economic Development
LQDH
LQDH Performance Statistics
LQDH HOLDINGS STATISTICS
LQDH
LQDH MATURITY DISTRIBUTION
LQDH
LQDH CREDIT BREAKDOWN
LQDH
The data and information contained herein is not intended to be investment or tax advice. A reference to a particular investment or security, a credit rating, or any observation concerning a security or investment provided in the ETF.com Service is not a recommendation to buy, sell, or hold such investment or security or to make any other investment decisions. You should not use such information for purposes of any actual transaction without consulting an investment or tax professional.
ETF.com DOES NOT TAKE RESPONSIBILITY FOR YOUR INVESTMENT OR OTHER ACTIONS NOR SHALL ETF.com HAVE ANY LIABILITY, CONTINGENT OR OTHERWISE, FOR THE ACCURACY, COMPLETENESS, TIMELINESS, OR CORRECT SEQUENCING OF ANY INFORMATION PROVIDED BY ETF.com OR FOR ANY DECISION MADE OR ACTION TAKEN BY YOU IN RELIANCE UPON SUCH INFORMATION OR ETF.com.
[ETF.com DOES NOT PROVIDE ANY RESEARCH OPINIONS.] ETF.com MAKES NO REPRESENTATIONS ABOUT THE SUITABILITY OF THE INFORMATION, PRODUCTS OR SERVICES CONTAINED HEREIN. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.
Data provider:
Terms of Use