(LQDH) Interest Rate Hedged - Overview
Etf: Corporate Bonds, Interest Rate Swaps, Investment Grade, USD Denominated
Dividends
| Dividend Yield | 6.10% |
| Yield on Cost 5y | 7.16% |
| Yield CAGR 5y | 37.69% |
| Payout Consistency | 88.1% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 2.60% |
| Relative Tail Risk | 0.91% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.56 |
| Alpha | 0.57 |
| Character TTM | |
|---|---|
| Beta | 0.148 |
| Beta Downside | 0.150 |
| Drawdowns 3y | |
|---|---|
| Max DD | 4.86% |
| CAGR/Max DD | 1.63 |
Description: LQDH Interest Rate Hedged December 27, 2025
The iShares Interest Rate Hedged Corporate Bond ETF (LQDH) seeks to dampen interest-rate risk by overlaying up to ten interest-rate swap contracts of varying maturities onto a portfolio of U.S. dollar-denominated investment-grade corporate bonds. In practice, the fund aims to allocate at least 80 % of its net assets-plus any borrowing-related capital-to the underlying index’s component securities, while the swaps offset changes in the portfolio’s duration.
Key metrics (as of the latest public filing) show an expense ratio of 0.15 % and a weighted-average maturity of roughly 1.5 years, placing the ETF firmly in the ultrashort-bond space. Its effective duration hovers near 0.2, reflecting the hedge’s success in neutralizing rate sensitivity. Current drivers include the Federal Reserve’s policy stance (the Fed Funds rate at ~5.4 % in Q4 2025) and the corporate credit spread environment, which has narrowed to ~1.1 % over Treasuries, supporting modest yield generation while preserving capital in a rising-rate cycle.
For a deeper, data-driven view of how LQDH’s hedging strategy performs across different rate scenarios, you may want to explore the analytics on ValueRay.
What is the price of LQDH shares?
Over the past week, the price has changed by -0.15%, over one month by +0.39%, over three months by +1.91% and over the past year by +6.31%.
Is LQDH a buy, sell or hold?
What are the forecasts/targets for the LQDH price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 107 | 14.6% |
LQDH Fundamental Data Overview February 02, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 532.5m USD (532.5m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 532.5m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 532.5m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 6.46% (E(532.5m)/V(532.5m) * Re(6.46%) + (debt-free company))
Discount Rate = 6.46% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Fair Price DCF = unknown (Cash Flow 0.0)