| LQD | |
|---|---|
| Total return | +18.4% |
| Annualised (CAGR) | +1.7% |
| Volatility (annualised) | +8.3% |
| Sharpe (rf = 0) | 0.21 |
| Deepest drawdown | -25.0% |
| Drawdown peak → trough | 2021-09-22 → 2022-10-20 |
| Fee (annual expense ratio) | 0.14% |
| Dividend yield (12m distributions) | 4.90% (as of 2026-09-29) |
Over the 10.0 years to 2026-09-29 the fund returned +18.4% in total (+1.7% a year), with a deepest drawdown of -25.0% from 2021-09-22 to 2022-10-20. Its worst calendar year was 2022 (-17.9%), its best 2019 (+17.4%).
| Year | LQD |
|---|---|
| 2026 | -4.1% |
| 2025 | +7.9% |
| 2024 | +0.9% |
| 2023 | +9.4% |
| 2022 | -17.9% |
| 2021 | -1.8% |
| 2020 | +11.0% |
| 2019 | +17.4% |
| 2018 | -3.8% |
| 2017 | +7.1% |
| 2016 | -4.0% |
+18.4% in total, which works out to +1.7% a year over the 10 years to 2026-09-29. Both figures assume dividends were reinvested and the fund's own fees were already deducted, so they are what an investor would have kept — before tax.
2022 — its calendar-year return was -17.9% (net of fees, dividends reinvested). Its best year was 2019 (+17.4%).
-25.0%, from a peak on 2021-09-22 to a trough on 2022-10-20. As of 2026-09-29 it had not climbed back to that earlier peak.
Over the last 12 months it distributed 4.90% of its share price (as of 2026-09-29). That is a past distribution, not a promise of future income, and it is already counted in every return figure on this page.
0.14% a year, and it is already deducted from every return figure on this page. A fund charges it inside the fund rather than billing you, which is why fee differences show up as a smaller final balance, not as a line item.
It does not say LQD is a good or bad fund, and it is not a forecast. Returns above are history: they already include dividends and already exclude the fund's own fees. A drawdown of -25.0% means an investor who bought at the peak would have watched that much value disappear before it recovered — how long that takes is the part most tables leave out.