LQD (iShares Investment Grade Corporate Bond ETF) — over the past 10 years it returned about 2.5% annualized on a total-return basis, yields roughly 4.86%, and had a worst drawdown near -25.0%. Here is the full picture — and you can backtest it yourself for free.
$10,000, 10 years on
A $10,000 investment 10 years ago, dividends reinvested, would be worth about $13,071 today.
Sortino
0.43
Volatility
8.4%
$10k → today
$13,071
Dividend history
| Year | Dividend / share | YoY growth |
|---|---|---|
| 2020 | $3.67 | — |
| 2021 | $3.04 | -17.1% |
| 2022 | $3.48 | 14.3% |
| 2023 | $4.42 | 27.0% |
| 2024 | $4.75 | 7.5% |
| 2025 | $4.94 | 3.9% |
Risk & return vs the S&P 500
| Metric | LQD | SPY |
|---|---|---|
| CAGR | 2.5% | 14.4% |
| Volatility | 8.4% | 17.6% |
| Sharpe | 0.33 | 0.85 |
| Sortino | 0.43 | 1.04 |
| Max drawdown | -25.0% | -33.7% |
| Dividend yield | 4.86% | 1.00% |