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IGBH
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iShares Interest Rate Hedged Long-Term Corporate Bond ETF (IGBH)

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$24.42
Last Close (24-hour delay)
Profit since last BUY3.83%
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BUY since 54 days
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Upturn Advisory Summary

08/14/2025: IGBH (1-star) has a low Upturn Star Rating. Not recommended to BUY.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Analysis of Past Performance

Type ETF
Historic Profit 15.79%
Avg. Invested days 131
Today’s Advisory Consider higher Upturn Star rating
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 5.0
ETF Returns Performance Upturn Returns Performance 3.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 08/14/2025

Key Highlights

Volume (30-day avg) -
Beta 0.43
52 Weeks Range 22.09 - 24.21
Updated Date 06/29/2025
52 Weeks Range 22.09 - 24.21
Updated Date 06/29/2025

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iShares Interest Rate Hedged Long-Term Corporate Bond ETF

stock logo

ETF Overview

overview logo Overview

The iShares Interest Rate Hedged Long-Term Corporate Bond ETF (LQDH) seeks to mitigate interest rate risk while providing exposure to long-term U.S. dollar-denominated investment-grade corporate bonds. It aims to deliver returns similar to unhedged long-term corporate bonds while neutralizing the impact of interest rate fluctuations.

reliability logo Reputation and Reliability

BlackRock, the issuer, is a well-established and reputable asset management firm with a long history of successful ETF management.

reliability logo Management Expertise

BlackRock has a team of experienced portfolio managers and fixed income specialists overseeing the ETF.

Investment Objective

overview logo Goal

To provide exposure to long-term U.S. dollar-denominated investment-grade corporate bonds while mitigating interest rate risk.

Investment Approach and Strategy

Strategy: The ETF combines long-term corporate bond exposure with short positions in interest rate swaps to hedge against interest rate movements.

Composition The ETF holds investment-grade corporate bonds with maturities greater than 10 years and uses interest rate swaps to hedge its interest rate exposure.

Market Position

Market Share: LQDH holds a niche position within the interest rate hedged corporate bond ETF market.

Total Net Assets (AUM): 236900000

Competitors

overview logo Key Competitors

  • ProShares Investment Grade Interest Rate Hedged (IGHG)
  • WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund (AGZD)

Competitive Landscape

The competitive landscape is relatively concentrated, with LQDH holding a significant market share. LQDH's advantage lies in BlackRock's brand recognition and established fixed income expertise. IGHG offers a similar strategy from a different provider. AGZD hedges interest rate risk across the entire US aggregate bond market, not just corporate bonds.

Financial Performance

Historical Performance: The ETF's performance will largely depend on credit spreads and the effectiveness of its hedging strategy. Past performance does not guarantee future results.

Benchmark Comparison: The ETF aims to outperform a comparable unhedged long-term corporate bond index during periods of rising interest rates.

Expense Ratio: 0.2

Liquidity

Average Trading Volume

The ETF exhibits moderate liquidity, evidenced by its average trading volume.

Bid-Ask Spread

The bid-ask spread is generally tight, indicating relatively low transaction costs.

Market Dynamics

Market Environment Factors

Economic growth, inflation expectations, and Federal Reserve policy significantly influence the performance of long-term corporate bonds and interest rate hedging strategies.

Growth Trajectory

The ETF's growth depends on investor demand for interest rate hedging solutions in the fixed income market. Changes in corporate credit quality and spread widening may impact the fund's performance.

Moat and Competitive Advantages

Competitive Edge

LQDH benefits from BlackRock's established reputation, extensive resources, and deep expertise in fixed income investing. The iShares brand is well-recognized among investors, giving LQDH a marketing advantage. The fund's hedging strategy is designed to mitigate interest rate risk, which can be attractive to investors concerned about rising rates. LQDH's focus on long-term corporate bonds provides targeted exposure to this segment of the market.

Risk Analysis

Volatility

The ETF's volatility will depend on both corporate bond market volatility and the effectiveness of the interest rate hedging strategy.

Market Risk

The ETF is subject to credit risk (the risk that issuers will default on their debt obligations) and interest rate risk (although partially hedged, residual interest rate risk may remain).

Investor Profile

Ideal Investor Profile

The ETF is suitable for investors seeking exposure to long-term corporate bonds while mitigating the negative impact of rising interest rates.

Market Risk

This ETF is best for long-term investors seeking to hedge against interest rate risk in their corporate bond portfolios. It can be suitable for both active and passive strategies, depending on the investor's goals.

Summary

The iShares Interest Rate Hedged Long-Term Corporate Bond ETF (LQDH) offers exposure to long-term investment-grade corporate bonds while employing an interest rate hedging strategy. This strategy aims to reduce the impact of rising interest rates on the portfolio. LQDH is managed by BlackRock, a reputable asset manager. It is suitable for investors seeking to reduce interest rate risk in their corporate bond allocation. However, investors should be aware of credit risk and the potential for hedging strategies to be imperfect.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • iShares Website
  • ETF.com
  • Morningstar

Disclaimers:

The data provided is for informational purposes only and should not be considered financial advice. Investment decisions should be based on individual circumstances and after consultation with a qualified financial advisor. Market data is subject to change.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About iShares Interest Rate Hedged Long-Term Corporate Bond ETF

Exchange NYSE ARCA
Headquaters -
IPO Launch date -
CEO -
Sector -
Industry -
Full time employees -
Website
Full time employees -
Website

The fund seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in component securities and instruments in the fund"s underlying index and/or bonds included in the underlying index of the underlying fund.