Data as of Oct 28, 2026.
BINC vs LQD: Differences, Returns & Fees
BINC's duration was 2.9 years on Jul 31, 2026 and LQD's 7.7 on Aug 31, 2026; LQD charges 0.14% to BINC's 0.40%.
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Net assets on Oct 27, 2026: $16.8bn for iShares Flexible Income Active ETF and $30.6bn for iShares iBoxx $ Investment Grade Corporate Bond ETF.
Pair scorecard
LQD costs 0.26 points a year less; their one-year returns differ by 3.9 points; LQD is 1.8 times larger.
| Measure | BINC | LQD |
|---|---|---|
| Return | ||
| Total return, 1 year | +0.5% | −3.4% |
| Drawdown | ||
| Below its high | 6.3%, high on Sep 22, 2021 | |
| Benchmark | ||
| What it tracks | No index, actively managed | Markit iBoxx USD Liquid Investment Grade Index |
| Cost and size | ||
| Expense ratio | 0.40% | 0.14% |
| Net assets, as of Oct 27, 2026 | $16.8bn | $30.6bn |
| Holdings | ||
| Holdings in common | 0% | |
| In the S&P 500, by weight | 0% | |
| Top ten holdings, share of the fund | 24.6% | |
Holdings in common uses holdings dated Jul 31, 2026 and Aug 31, 2026. Method
Risk and return
Jun 2, 2023 to Oct 23, 2026 · 177 weekly returnsBINC returned more: +21.3% to +12.3%. BINC swung less: 3.1% to 7.2%. BINC fell less at its worst: −2.7% to −7.6%.
Full scorecard
9 measures, with how each is measured Open ↓
| Measure | BINC | LQD | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +21.3% | +12.3% | BINC | Price change plus distributions, reinvested. |
| Annualized | +5.8% | +3.5% | BINC | Total return as a yearly rate. |
| Price return | +0.2% | −3.2% | BINC | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 3.1% | 7.2% | BINC | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 2.0% | 5.2% | BINC | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −2.7% | −7.6% | BINC | Deepest fall from a high to the low after it. |
| Risk-adjusted | ||||
| Sharpe | 0.37 | −0.12 | BINC | Return above Treasury bills per unit of volatility. |
| Sortino | 0.57 | −0.17 | BINC | Return above Treasury bills per unit of downside deviation. |
| Calmar | 2.20 | 0.46 | BINC | Annualized return divided by the max drawdown. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 177 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, BINC and LQD hold 0% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Aug 31, 2026.
half
0% in common
Only in one fund ↓
Side by side
BINC and LQD on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
BINC and LQD do different jobs. What does each one do in a portfolio?
- What each follows. BINC follows No index, actively managed and LQD follows Markit iBoxx USD Liquid Investment Grade Index.
- Holdings in common. 0% of the weight is in the same securities (holdings dated Jul 31, 2026 and Aug 31, 2026).
- One-year total return. Over 1 year to Oct 28, 2026 BINC returned +0.5% and LQD −3.4% with distributions reinvested, a gap of 3.9 points.
Data as of Oct 28, 2026.
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BINC
BINC is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned +0.5% with distributions reinvested. The prospectus expense ratio is 0.40% a year. By its holdings published by its issuer for Oct 27, 2026, 0% of the fund by weight is stocks the S&P 500 also holds, across 4,690 positions, with the top ten at 24.6%.
LQD
LQD tracks an index of US investment grade bonds. Over the year to Oct 28, 2026 it returned −3.4% with distributions reinvested, against −1.2% for its benchmark, the Bloomberg U.S. Universal Index. The prospectus expense ratio is 0.14% a year. It sat 6.3% below its high of Sep 22, 2021 on Oct 28, 2026.
Questions people ask
- Which returned more over the last year, BINC or LQD?
- In the year to Oct 28, 2026, with distributions reinvested, BINC returned +0.5% and LQD −3.4%.
- Which is cheaper, BINC or LQD?
- LQD is cheaper, by 0.26 percentage points a year. That is about $26 on $10,000 held for a year. Fees come from each fund's prospectus.
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
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ETFIQ, BINC against LQD, data as of Oct 28, 2026. https://etfiq.com/compare/any/binc-vs-lqd
ETFIQ. (Oct 28, 2026). BINC against LQD. Retrieved from https://etfiq.com/compare/any/binc-vs-lqd
[BINC against LQD (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/binc-vs-lqd)
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