Consolidated Edison, Inc. vs iShares iBoxx $ Inv Grade Corporate Bond ETF — how do they compare? Consolidated Edison, Inc. trades at $107.5 (market cap $39.31B), while iShares iBoxx $ Inv Grade Corporate Bond ETF trades at $105.99. The key difference: Consolidated Edison, Inc. pays a 3.3% dividend while iShares iBoxx $ Inv Grade Corporate Bond ETF pays none, and Consolidated Edison, Inc. is trading nearer its 52-week high, iShares iBoxx $ Inv Grade Corporate Bond ETF nearer its low. Which is the better fit depends on your goals.
| ED | LQD | |
|---|---|---|
Market Cap | $39.31B | — |
Sector | Utilities | — |
52-Week High | $115.46 | $112.91 |
52-Week Low | $95.37 | $105.96 |
Enterprise Value | $66.16B | — |
Dividend Yield | 3.3% | — |
Signals from Pluang's Aura AI — not financial advice
Consolidated Edison (ED) trades at $107.98, down 0.89% on the day, with mixed technical signals showing bearish moving averages but neutral oscillators. The utility reported strong Q2 2026 earnings of $0.83 per share, beating estimates, with revenue growth driven by higher electric and gas rates. Analyst consensus remains cautious with 63% hold ratings and a $103.25 price target below current levels. The company maintains stable dividends and benefits from regulated monopoly positioning in New York.
ED offers defensive utility exposure with predictable cash flows and a 3.2% dividend yield, supported by mid-8% rate base growth and 9.4% allowed ROE through 2029. However, high debt levels ($27.3B total debt), capital-intensive grid upgrades, and regulatory risks present challenges. Current valuation at 17.8x P/E appears fair relative to earnings growth, making it suitable for income-focused investors seeking stability amid market volatility.
LQD trades at $106.55, showing modest daily gains of 0.18% amid a bearish technical outlook with moving averages signaling caution. The ETF maintains consistent dividend distributions, with recent payments ranging from $0.38 to $0.46 per share. Market sentiment reflects uncertainty around Federal Reserve policy and inflation trends, with bond yields fluctuating based on oil price movements and geopolitical tensions.
Investment opportunities include exposure to investment-grade corporate bonds with regular income distribution, while risks center on interest rate sensitivity and macroeconomic volatility. The fund's performance remains tied to credit market conditions and Federal Reserve policy decisions, with technical indicators suggesting near-term pressure despite neutral oscillator readings.
Trailing returns across standard periods
Con Ed is a holding company for Consolidated Edison of New York, or CECONY, and Orange & Rockland, or O&R. These utilities provide steam, natural gas, and electricity to customers in southeastern New York—including New York City—and small parts of New Jersey. The two utilities will generate nearly all of Con Ed's earnings once it closes the sale of its clean energy business to RWE. Con Ed's clean energy business owns the second-largest portfolio of utility-scale solar projects in the U.S. Following the sale, Con Ed's only non-utility earnings will come from investments in gas and electric transmission.
Read more on ED →The fund will invest at least 80% of its assets in the component securities of the underlying index, and it will invest at least 90% of its assets in fixed income securities of the types included in the underlying index that the advisor believes will help the fund track the underlying index. The underlying index is designed to provide a broad representation of the US dollar-denominated liquid investment-grade corporate bond market.
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