# iShares USD Corp Bond UCITS ETF Acc (LQDA)

**Page:** https://fundology.uk/fund/lqda · ISIN IE00BYXYYJ35

## At a glance

> Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.

As of 13/11/2026, LQDA (iShares USD Corp Bond UCITS ETF Acc, ISIN IE00BYXYYJ35) closed at $6.10 on the London Stock Exchange. Its ongoing charge is 0.20% a year (about £20 on £10,000). Over the five years to 13/11/2026 its total return was −4.7%, or −25.6% after UK CPIH inflation.

## Summary

iShares USD Corp Bond UCITS ETF Acc is an exchange-traded fund (ETF) from iShares, launched in 2017. It tracks the iBoxx USD Liquid Investment Grade Index. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.2% a year — about £20 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.

Latest close: **$6.10** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | LQDA |
| ISIN | IE00BYXYYJ35 |
| Category | Corporate & other bonds |
| Type | ETF |
| Provider | iShares |
| Tracks | iBoxx USD Liquid Investment Grade Index |
| Income | Accumulating |
| Ongoing charge | 0.20% a year (£20 per £10,000) |
| Fund size | £4.1bn |
| Launched | 2017 |
| Domicile | Ireland |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 13/04/2017 |

## Past returns (periods to 13/11/2026)

After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation.

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | -2.22% | -5.68% | income reinvested |
| 3 years | +7.73% | -2.67% | income reinvested |
| 5 years | -4.68% | -25.60% | income reinvested |

Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of iShares USD Corp Bond UCITS ETF Acc in pounds (price, with income reinvested in the fund): 2022 −7.8%, 2023 +3.1%, 2024 +3.3%, 2025 −0.6%; 2026 to 13/11/2026 −1.4%. Returns of iShares USD Corp Bond UCITS ETF Acc in pounds (price, with income reinvested in the fund) over the 12 months to 30/09/2026: −3.2%; to 30/09/2025: +2.9%; to 30/09/2024: +5.7%; to 30/09/2023: −6.8%; to 30/09/2022: −3.0%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -7.8% | -15.6% | Price |
| 2023 | +3.1% | -1.0% | Price |
| 2024 | +3.3% | -0.2% | Price |
| 2025 | -0.6% | -4.0% | Price |
| 2026 to 13/11/2026 | -1.4% | -4.5% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 6.36% | -5.73% |
| 3 years | 7.60% | -8.71% |
| 5 years | 8.49% | -14.26% |

## Largest fall

Volatility of iShares USD Corp Bond UCITS ETF Acc in pounds, annualised from weekly returns to 13/11/2026: 6.4% over 1 year, 7.6% over 3 years, 8.5% over 5 years. Largest fall in the price of iShares USD Corp Bond UCITS ETF Acc since November 2021, in pounds: −14.3% from 10/12/2021 to 20/10/2023. The lowest 12-month return of iShares USD Corp Bond UCITS ETF Acc in pounds (price, with income reinvested in the fund) since January 2021 was −9.7% (12 months to 02/12/2022); the highest was +9.6% (12 months to 18/10/2024). On 13/11/2026 the price of iShares USD Corp Bond UCITS ETF Acc was 5.8% below its highest weekly close since November 2021 (10/12/2021), in pounds.

## Charges compared with similar funds

Ongoing charge of iShares USD Corp Bond UCITS ETF Acc 0.20% a year. Compared on 14/11/2026, 225 of the 427 other corporate and other bond funds charge more, 35 the same and 167 less (share classes counted once).

## Funds tracking the same index

4 funds track iBoxx USD Liquid Investment Grade Index, this one included and share classes counted once; their ongoing charges range from 0.20% to 0.25% a year (13/11/2026).

| Fund | Ongoing charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| iShares USD Corp Bond UCITS ETF | 0.20% | -3.1% | +6.6% | -4.4% |
| iShares USD Corp Bond UCITS ETF Acc (this fund) | 0.20% | -2.2% | +7.7% | -4.7% |
| iShares USD Corp Bond UCITS ETF GBP Hedged | 0.25% | -2.0% | +15.0% | -9.3% |
| iShares USD Corp Bond UCITS ETF Hedged EUR | 0.25% | -8.7% | +5.1% | -17.9% |

Returns are as reported, in pounds, income reinvested unless marked "(price)".

## Charges & eligibility

- Ongoing charges figure (OCF): **0.20%** per year
- Stocks and shares ISA eligible: usually (check with your platform)
- SIPP eligible: usually (check with your provider)
- ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify.

## What it holds

As of 06/11/2026, LQDA holds 3,207 positions, according to its published holdings. The largest is Blk Ics USD Leaf Agency Dist at 0.84% of the fund; the ten largest make up 2.2%.

### Top holdings

Largest positions (as of 06/11/2026), as a percentage of the whole fund:

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | Blk Ics USD Leaf Agency Dist | — | 0.84% |
| 2 | Anheuser-Busch Companies LLC 4.90% 01/02/2046 | — | 0.19% |
| 3 | Paramount Skydance Corp 144A 7.05% 15/10/2031 | — | 0.17% |
| 4 | CVS Health Corp 5.05% 25/03/2048 | — | 0.15% |
| 5 | Space Exploration Technologies Cor 144A 5.65% 15/07/2033 | — | 0.15% |
| 6 | Amazon.Com Inc 4.88% 13/03/2036 | — | 0.14% |
| 7 | Meta Platforms Inc 5.25% 15/05/2036 | — | 0.14% |
| 8 | Space Exploration Technologies Cor 144A 5.35% 15/07/2031 | — | 0.14% |
| 9 | T-Mobile USA Inc 3.88% 15/04/2030 | — | 0.14% |
| 10 | Goldman Sachs Group Inc/The 6.75% 01/10/2037 | — | 0.13% |

## Where it invests

Shares of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed.

### By sector

As published for the fund, as of 06/11/2026.

| Sector | Weight |
|---|---|
| Banking | 22.6% |
| Health Care | 11.7% |
| Communication Services | 11.3% |
| Energy | 8.1% |
| Consumer Cyclical | 7.4% |
| Consumer Non-Cyclical | 5.3% |
| Capital Goods | 4.8% |
| Insurance | 4.3% |
| Other sectors | 24.6% |

### By type of asset

Added up from the fund’s published holdings, as of 06/11/2026.

| Type of asset | Weight |
|---|---|
| Bonds | 99.2% |
| Cash and money market | 0.8% |

The 3,192 holdings on record (of 3,207 reported): https://fundology.uk/fund/lqda/holdings

## Questions people ask

**What is the ongoing charge of LQDA?**

The ongoing charge of LQDA is 0.20% a year — about £20 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of iShares USD Corp Bond UCITS ETF Acc 0.20% a year. Compared on 14/11/2026, 225 of the 427 other corporate and other bond funds charge more, 35 the same and 167 less (share classes counted once).

**What does LQDA track?**

LQDA tracks the iBoxx USD Liquid Investment Grade Index.

**Is LQDA accumulating or distributing?**

LQDA is accumulating: income is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.

**What is the ISIN of LQDA?**

The ISIN of LQDA is IE00BYXYYJ35. An ISIN identifies one exact share class of a fund; LQDA is its ticker on the London Stock Exchange.

**What does LQDA hold?**

As of 06/11/2026, LQDA holds 3,207 positions, according to its published holdings. The largest is Blk Ics USD Leaf Agency Dist at 0.84% of the fund; the ten largest make up 2.2%. Its ten largest holdings are Blk Ics USD Leaf Agency Dist (0.84%), Anheuser-Busch Companies LLC 4.90% 01/02/2046 (0.19%), Paramount Skydance Corp 144A 7.05% 15/10/2031 (0.17%), CVS Health Corp 5.05% 25/03/2048 (0.15%), Space Exploration Technologies Cor 144A 5.65% 15/07/2033 (0.15%), Amazon.Com Inc 4.88% 13/03/2036 (0.14%), Meta Platforms Inc 5.25% 15/05/2036 (0.14%), Space Exploration Technologies Cor 144A 5.35% 15/07/2031 (0.14%), T-Mobile USA Inc 3.88% 15/04/2030 (0.14%) and Goldman Sachs Group Inc/The 6.75% 01/10/2037 (0.13%).

**What were LQDA’s returns in each of the last five years?**

Calendar-year returns of LQDA in pounds (price, with income reinvested in the fund): 2022 −7.8%, 2023 +3.1%, 2024 +3.3%, 2025 −0.6%; 2026 to 13/11/2026 −1.4%. Past performance is not a guide to future returns.

**How has LQDA done after inflation?**

Over the five years to 13/11/2026 LQDA’s total return was −4.7%, or −25.6% after UK CPIH inflation. Past performance is not a guide to future returns.

## Fund documents

- [Fund page at iShares](https://www.ishares.com/uk/individual/en/products/287338/ishares-corp-bond-ucits-etf)
- [Key investor information document (KIID)](https://www.ishares.com/gls-download/literature/kiid/ucits_kiid-ishares-corp-bond-ucits-etf-usd-acc-gb-ie00byxyyj35-en.pdf)
- [Factsheet](https://www.ishares.com/gls-download/literature/fact-sheet/lqda-ishares-corp-bond-ucits-etf-fund-fact-sheet-en-gb.pdf)
- Links checked 12/10/2026.

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Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.