LQD

How is LQD doing right now?

In plain terms: LQD is 3.6% below its highest-ever price. Dipsern checks every past time it was this far down and grades how the next 90 days usually went.

LQD (iShares iBoxx $ Investment Grade Corporate Bond ETF) is 3.6% below its historical peak. Tape reads in a shallow pullback, with the last trade at $109.12. Shallow pullbacks like this are routine — historically ETFs assets revisit a 5-10% dip several times a year, and most resolve back to highs within weeks.

What history says at this drawdown

Across all available history, LQD has spent enough trading days in the 5%-to-0% drawdown band to build a large sample (4605 observations). Dipsern segments these by drawdown depth and computes the rolling median forward 90-day return — that median is the primary signal you see in the full app, and it's substantially more robust than mean-based forecasts because it ignores fat-tail outliers in both directions.

What this means for LQD

For broad-index ETFs the historical base rate is exceptionally stable; for narrow thematic ETFs (e.g., ARKK, cannabis, leveraged), drawdowns are deeper and the sample size at each band is smaller. Shallow pullbacks are where dip-buying frameworks start to pay off, but only marginally. The median forward return in shallow bands is usually positive but not dramatic.