iShares iBonds 1-5 Year Corporate Ladder ETF (LDRC)

The iShares iBonds 1-5 Year Corporate Ladder ETF from BlackRock provides a ready-made ladder of investment-grade U.S. corporate bonds with maturities spread across roughly one to five years.

Rather than holding individual bonds directly, the fund invests in a set of iShares iBonds term corporate ETFs, each of which matures in a specific year. As the nearest-term fund matures, proceeds are rolled into a new longer-dated rung, maintaining the ladder structure over time. The fund offers a single-ticker way to reduce interest rate risk relative to longer-term bonds while spreading reinvestment timing. It trades on NYSE Arca.