SLQD — iShares 0-5 Year Investment Grade Corporate Bond ETF

SLQD Price Performance — Growth of $10,000

Value of a $10,000 investment in SLQD over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.

SLQD Drawdown

The "underwater" chart: SLQD's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.

Overview

The iShares 0-5 Year Investment Grade Corporate Bond ETF (SLQD) operates within the US Bonds - Corporate category, which ETFValuer tracks with 17 distinct funds. Issued by iShares, this fund holds an asset base of $2.36 billion and trades at a price of $50.04. It currently holds an overall rank of #335 out of 458 tracked ETFs across all categories and has received an ETFValuer grade of C with a score of 54.4 out of 100. The fund offers a low cost structure with an expense ratio of 0.06% while providing a dividend yield of 4.31%. The combination of a mid-tier ranking and a substantial asset under management suggests a moderate level of investor adoption relative to the broader universe of available options. Its position in the category reflects a balance between its specific investment mandate and the competitive landscape of corporate bond funds.

Short-term performance data shows a slight decline over the last day at -0.10% and a more notable drop of -0.34% over the past week. The fund recovered slightly over the last month with a return of -0.09% before posting positive gains of +0.07% over three months. Momentum accelerated further with a 6-month return of +0.72% and a year-to-date gain of +0.84%. Over the longer term, the fund has demonstrated stronger growth, recording a 1-year return of +3.42% and a 3-year return of +16.49%. This trajectory indicates a divergence where short-term fluctuations have given way to more consistent positive returns over extended holding periods. The data points to a pattern where recent volatility has been overshadowed by sustained gains over the multi-year horizon.

SLQD carries a volatility label of Very Low and a beta of 0.32, indicating that the fund's price movements are significantly less sensitive to broader market fluctuations. Despite this low volatility, the fund recorded a Sharpe ratio of -1.02, suggesting that the risk-adjusted returns have been negative relative to the risk-free rate over the measured period. The maximum drawdown was limited to -1.06%, which aligns with the low volatility profile and suggests the fund experienced minimal severe losses during the analyzed timeframe. This combination of a very low beta and a small maximum drawdown implies the fund is designed to preserve capital with limited downside exposure. However, the negative Sharpe ratio indicates that the returns generated have not sufficiently compensated for the risks taken, even if those risks are quantitatively small.

AI-generated summary based on the data on this page.

SLQD Top Holdings

Holdings as of 2026-04-30 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 7.3% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how SLQD's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With SLQD

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with SLQD's top 10 — IGSB overlaps most, holding 8 of the same companies as SLQD's top 10 (6.9% of SLQD's assets).

Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.

Market Backdrop

10-Year Treasury Yield: 4.71% (as of 2026-07-23) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 18.70 (as of 2026-07-23) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.63% (as of 2026-06-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

High-Yield Credit Spread: 2.77% (as of 2026-07-23) — The extra yield investors demand to hold high-yield corporate bonds over Treasuries — a real-time gauge of credit risk appetite relevant to this fund’s holdings.

SLQD Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 0.06% and average daily volume is 224K/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $2.36B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: SLQD is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.

SLQD Performance History

How SLQD Compares to Other US Bonds - Corporate ETFs