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Upturn AI SWOT - About
SPDR MarketAxess Investment Grade 400 Corporate Bond ETF (LQIG)
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Upturn Advisory Summary
10/24/2025: LQIG (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star 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 11.58% | Avg. Invested days 60 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  3.0 | ETF Returns Performance  3.0 |
| Profits based on simulation | Last Close 10/24/2025 |
Key Highlights
Volume (30-day avg) - | Beta 1.32 | 52 Weeks Range 89.26 - 95.92 | Updated Date 06/29/2025 |
52 Weeks Range 89.26 - 95.92 | Updated Date 06/29/2025 |
Upturn AI SWOT
SPDR MarketAxess Investment Grade 400 Corporate Bond ETF
ETF Overview
Overview
The SPDR MarketAxess Investment Grade 400 Corporate Bond ETF (LQD) seeks to track the investment results of an index composed of U.S. dollar-denominated investment-grade corporate bonds. It offers exposure to a diversified portfolio of high-quality corporate debt.
Reputation and Reliability
State Street Global Advisors (SSGA) is a well-established and reputable asset manager with a long track record in the ETF industry.
Management Expertise
SSGA has a dedicated fixed income team with extensive experience in managing bond portfolios and ETFs.
Investment Objective
Goal
The ETF aims to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the MarketAxess U.S. Investment Grade 400 Corporate Bond Index.
Investment Approach and Strategy
Strategy: The ETF employs a passive management strategy, attempting to replicate the performance of its underlying index.
Composition The ETF holds a portfolio of U.S. dollar-denominated investment-grade corporate bonds.
Market Position
Market Share: LQD holds a significant market share within the investment-grade corporate bond ETF sector.
Total Net Assets (AUM): 31930000000
Competitors
Key Competitors
- iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD)
- Vanguard Total Bond Market ETF (BND)
- Vanguard Intermediate-Term Corporate Bond ETF (VCIT)
Competitive Landscape
The investment-grade corporate bond ETF market is competitive, with several large players offering similar products. LQD competes on factors such as tracking error, expense ratio, and liquidity. Compared to its competitors, LQD aims to provide improved pricing transparency and liquidity through its partnership with MarketAxess. However, some competitors may have lower expense ratios or broader market coverage.
Financial Performance
Historical Performance: Historical performance varies with interest rate changes and credit spreads. Past performance is not indicative of future results.
Benchmark Comparison: LQD's performance is closely tied to the performance of the MarketAxess U.S. Investment Grade 400 Corporate Bond Index, and any differences are primarily due to expenses and tracking error.
Expense Ratio: 0.14
Liquidity
Average Trading Volume
LQD exhibits high liquidity, reflected in its large average trading volume, making it easy to buy and sell shares.
Bid-Ask Spread
LQD typically has a narrow bid-ask spread, indicating efficient trading and lower transaction costs for investors.
Market Dynamics
Market Environment Factors
LQD's performance is influenced by factors such as interest rate movements, credit spreads, inflation expectations, and overall economic conditions.
Growth Trajectory
LQD's growth is tied to the overall demand for investment-grade corporate bond exposure. Its strategy and holdings generally remain stable, reflecting its passive index-tracking approach.
Moat and Competitive Advantages
Competitive Edge
LQD benefits from State Street's established brand and reputation. The partnership with MarketAxess provides potentially improved pricing transparency and liquidity in the underlying bond market. This potentially leads to tighter tracking error and better execution for investors. Its relatively low expense ratio also contributes to its competitiveness. The ETF focuses specifically on investment-grade corporate bonds, allowing investors to target this specific segment of the fixed income market.
Risk Analysis
Volatility
LQD's volatility is generally lower than equity ETFs but higher than government bond ETFs. Volatility fluctuates with interest rate sensitivity and credit spread changes.
Market Risk
LQD is subject to market risk, including interest rate risk (changes in interest rates can negatively impact bond prices) and credit risk (the risk that bond issuers may default on their obligations).
Investor Profile
Ideal Investor Profile
LQD is suitable for investors seeking diversified exposure to investment-grade corporate bonds as part of a broader fixed income allocation.
Market Risk
LQD is generally more suitable for long-term investors or passive index followers seeking income and moderate capital appreciation.
Summary
LQD is a well-established ETF providing access to U.S. investment-grade corporate bonds. Managed by SSGA, it tracks the MarketAxess U.S. Investment Grade 400 Corporate Bond Index. It offers a liquid and relatively low-cost way to gain exposure to this market segment. Its performance is influenced by interest rate movements and credit spreads, and it is suitable for long-term investors seeking diversification and income.
Peer Comparison
Sources and Disclaimers
Data Sources:
- State Street Global Advisors (SSGA) website
- MarketAxess website
- ETF.com
- Morningstar
- Yahoo Finance
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered investment advice. Past performance is not indicative of future results. Investment decisions should be made based on individual circumstances and consultation with a qualified financial advisor.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About SPDR MarketAxess Investment Grade 400 Corporate Bond ETF
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
Under normal market conditions, the fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index and in securities that the Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index.
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