LQD
iShares iBoxx $ Investment Grade Corporate Bond ETF
TREND FOLLOWING PERFORMANCE HISTORY
2026-07-26
Executive Summary
The quantitative backtest for LQD (iShares iBoxx $ Investment Grade Corporate Bond ETF) using the Moving Average (50/200)* strategy in a Investing context demonstrated its primary role in risk mitigation, experiencing a maximum drawdown of -25.9% (compared to the benchmark's drawdown of -24.9%). Over the evaluated period, this protective approach generated a Compound Annual Growth Rate (CAGR) of 2.1%, compared to a Buy-and-Hold benchmark return of 4.0%. The strategy executed 19 total trades.
* Moving Average (50/200): Classic Moving Average Crossover (e.g., 50-day crossing 200-day). The foundational basis of research-grade trend following.
* Moving Average (50/200): Classic Moving Average Crossover (e.g., 50-day crossing 200-day). The foundational basis of research-grade trend following.
📊 Mathematical Model
Excess Return MMA
Advanced Ensemble: Uses multiple signal layers for maximum trend stability and noise reduction.
Excess Return MMA CA
Advanced Dynamic Sleeve: MMA ensemble signals on the primary asset combined with a momentum-based cash alternative ETF rotation.
Excess Return SMA
Standard Signal: Classical quantitative trend following optimized for reliable directionality.
Moving Average (50/200) Active
Moving Average: The baseline 50/200-day crossover model used by technical analysts worldwide.
🎯 Investment Objective
🛡️ Long-Term Investing Active
Ideal for wealth preservation and multi-year horizons. Optimized for low turnover and tax efficiency.
⚔️ Tactical Trading
Ideal for active capital rotation and momentum-first accounts. Optimized for high sensitivity to price shifts.
Switch to MMA to enable
LQD Quality Metrics & KPI Summary
| Metric | 1Y | 5Y | 10Y | Full History | ||||
|---|---|---|---|---|---|---|---|---|
| Strategy | B&H | Strategy | B&H | Strategy | B&H | Strategy | B&H | |
| CAGR | 1.17% | 2.28% | 0.17% | -0.96% | -0.56% | 2.05% | 2.08% | 4.01% |
| Sharpe Ratio | 0.23 | 0.43 | 0.03 | -0.11 | -0.09 | 0.23 | 0.36 | 0.47 |
| Max Drawdown | -4.22% | -3.34% | -7.54% | -24.95% | -25.95% | -24.95% | -25.95% | -24.95% |
| % Time Invested | 92.1% | 100.0% | 67.5% | 100.0% | 67.5% | 100.0% | 72.5% | 100.0% |
| Trades / Year | 1.0 | 0.0 | 1.0 | 0.0 | 1.1 | 0.0 | 0.9 | 0.0 |
Cumulative Growth Performance
Return Distribution Analysis
Trade History
This log shows every signal-driven transition. Completed trades reflect standard market cycles. An Open or Mark-to-Market exit denotes an active position (either in the primary asset or a cash/yield sleeve) valued at the current price for reporting purposes. Interest entries record yield accrued from cash or cash alternatives (like BIL) during out-of-market defensive periods.
| Entry Date | Exit Date | Type | Allocation | Entry Price | Exit Price | Net Return % | Exit Reason | |
|---|---|---|---|---|---|---|---|---|
| 🔒 Active Positions & Recent Execution Signals Hidden Trading on delayed data carries high execution risk. Current allocations, pending next-day rebalances, and active execution signals (last 60 days) require a Premium subscription. Upgrade to Pro to Unlock | ||||||||
| 2025-06-26 | 2026-05-20 | Completed | 100% | $103.74 | $106.39 | 2.50% | Signal | |
| 2025-05-14 | 2025-06-26 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.50% | Interest Income | |
| 2025-03-25 | 2025-05-14 | Completed | 100% | $101.97 | $101.15 | -0.85% | Signal | |
| 2025-02-20 | 2025-03-25 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.39% | Interest Income | |
| 2023-12-29 | 2025-02-20 | Completed | 100% | $99.05 | $101.11 | 2.03% | Signal | |
| 2023-09-01 | 2023-12-29 | Interest (CASH) | 100% | $1.00 | $1.02 | 1.77% | Interest Income | |
| 2023-01-25 | 2023-09-01 | Completed | 100% | $95.03 | $93.24 | -1.93% | Signal | |
| 2022-01-20 | 2023-01-25 | Interest (CASH) | 100% | $1.00 | $1.02 | 2.35% | Interest Income | |
| 2021-07-19 | 2022-01-20 | Completed | 100% | $111.62 | $106.74 | -4.42% | Signal | |
| 2021-03-15 | 2021-07-19 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2020-06-01 | 2021-03-15 | Completed | 100% | $105.27 | $105.19 | -0.13% | Signal | |
| 2020-05-04 | 2020-06-01 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2020-04-13 | 2020-05-04 | Completed | 100% | $104.59 | $102.72 | -1.83% | Signal | |
| 2020-03-19 | 2020-04-13 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.01% | Interest Income | |
| 2018-12-13 | 2020-03-19 | Completed | 100% | $85.92 | $86.74 | 0.91% | Stop | |
| 2018-10-23 | 2018-12-13 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.33% | Interest Income | |
| 2018-10-01 | 2018-10-23 | Completed | 100% | $86.69 | $85.41 | -1.53% | Signal | |
| 2018-03-05 | 2018-10-01 | Interest (CASH) | 100% | $1.00 | $1.01 | 1.12% | Interest Income | |
| 2017-05-19 | 2018-03-05 | Completed | 100% | $86.56 | $86.39 | -0.24% | Signal | |
| 2016-12-15 | 2017-05-19 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.28% | Interest Income | |
| 2016-03-14 | 2016-12-15 | Completed | 100% | $80.99 | $82.55 | 1.88% | Signal | |
| 2015-06-23 | 2016-03-14 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.10% | Interest Income | |
| 2013-12-27 | 2015-06-23 | Completed | 100% | $73.71 | $78.01 | 5.78% | Signal | |
| 2013-06-25 | 2013-12-27 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.02% | Interest Income | |
| 2009-01-02 | 2013-06-25 | Completed | 100% | $52.42 | $70.90 | 35.18% | Signal | |
| 2008-07-14 | 2009-01-02 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.41% | Interest Income | |
| 2007-10-02 | 2008-07-14 | Completed | 100% | $50.21 | $50.93 | 1.39% | Signal | |
| 2007-07-18 | 2007-10-02 | Interest (CASH) | 100% | $1.00 | $1.01 | 0.89% | Interest Income | |
| 2006-08-29 | 2007-07-18 | Completed | 100% | $47.94 | $49.27 | 2.73% | Signal | |
| 2006-03-13 | 2006-08-29 | Interest (CASH) | 100% | $1.00 | $1.02 | 2.26% | Interest Income | |
| 2006-02-23 | 2006-03-13 | Completed | 100% | $47.57 | $46.81 | -1.64% | Signal | |
| 2005-11-15 | 2006-02-23 | Interest (CASH) | 100% | $1.00 | $1.01 | 1.10% | Interest Income | |
| 2005-06-15 | 2005-11-15 | Completed | 100% | $47.33 | $46.55 | -1.70% | Signal | |
| 2005-05-23 | 2005-06-15 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.19% | Interest Income | |
| 2004-08-20 | 2005-05-23 | Completed | 100% | $45.68 | $47.13 | 3.13% | Signal | |
| 2004-07-22 | 2004-08-20 | Interest (CASH) | 100% | $1.00 | $1.00 | 0.12% | Interest Income | |