iShares iBoxx $ Investment Grade Corporate Bond ETF drawdown: 24.5% below the all-time high
IShares iBoxx $ Investment Grade Corporate Bond ETF is 24.5% below its all-time high, set Aug 6, 2020 (as of market close, Sep 21, 2026). The chart shows every day as a percentage of the highest level reached up to that point: 100% means a fresh record, everything below is a drawdown.
- Below all-time high
- −24.5%
- 75.5% of ATH
- All-time high
- $139.15
- Aug 6, 2020
- Time below the high
- 6.1 yrs
- since Aug 6, 2020
- Worst-ever drawdown
- −30.5%
- Oct 10, 2008
- Longest underwater
- 8.7 yrs
- between all-time highs
- Today's level first reached
- Aug 23, 2002
- 24.1 yrs ago
- Last time this deep
- Nov 4, 2008
- in a previous episode
% of all-time high since 2002#
The classic underwater chart (drawdown curve), drawn as % of the all-time high — 100% is a fresh record, everything below it is time spent underwater. Basis and range are in the URL, so a particular view is a link.
The deepest drawdowns on record#
Every decline of 15% or more from an all-time high (price basis), deepest first.
| Peak | Trough | Depth | Peak → trough | Recovered by | Underwater |
|---|---|---|---|---|---|
| Jun 13, 2003 | Oct 10, 2008 | −30.5% | 5.3 yrs | Feb 28, 2012 | 8.7 yrs |
| Aug 6, 2020 | Oct 19, 2023 | −29.4% | 3.2 yrs | not yet | 6.1 yrs+ |
| Mar 6, 2020 | Mar 19, 2020 | −21.8% | 13 days | Jun 30, 2020 | 4 mo |
Price basis (no dividends) — the convention crash histories use. With dividends reinvested, recoveries arrive years earlier; switch the basis on the chart above to see it.
Drawdown vs what came next#
One dot per month since 2002: how far iShares iBoxx $ Investment Grade Corporate Bond ETF stood below its all-time high, and the total return over the following 1, 5 and 10 years.
Read this with survivorship bias in mind: a single asset's history is one surviving sample, so past recoveries here say little about the odds ahead. Monthly windows also overlap heavily (they are not independent samples). Not investment advice.
FAQ#
- How far is iShares iBoxx $ Investment Grade Corporate Bond ETF from its all-time high?
- iShares iBoxx $ Investment Grade Corporate Bond ETF is currently 24.5% below its all-time high, set Aug 6, 2020 (as of market close, Sep 21, 2026). Prices only, the convention headlines use; with dividends reinvested the gap is usually smaller.
- What was the biggest iShares iBoxx $ Investment Grade Corporate Bond ETF drawdown ever?
- The deepest decline on record in our data (since 2002) took iShares iBoxx $ Investment Grade Corporate Bond ETF 30.5% below its prior high, bottoming Oct 10, 2008. The table on this page lists every major episode with its peak, trough and recovery date.
Methodology & related#
Daily data since -1 from LQD; no free deep history exists for iShares iBoxx $ Investment Grade Corporate Bond ETF — for a 150-year drawdown record see the S&P 500 drawdown page. The price basis excludes dividends; the total-return basis reinvests them; the real basis additionally deflates by CPI. See also returns by year. Past performance does not predict future returns; not investment advice.