Data as of Oct 28, 2026.

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BOND vs LQD: Differences, Returns & Fees

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Over the year to Oct 28, 2026, BOND returned −1.4% to LQD's −3.4%, and LQD charges 0.14% to BOND's 0.54%.

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Net assets: $8.3bn on Jun 30, 2026 for PIMCO Active Bond Exchange-Traded Fund, and $30.6bn on Oct 27, 2026 for iShares iBoxx $ Investment Grade Corporate Bond ETF.

At a glance
−1.4%
BOND total return, 1 year
−3.4%
LQD total return, 1 year
0.54%
BOND expense ratio
0.14%
LQD expense ratio

Pair scorecard

LQD costs 0.40 points a year less; their one-year returns differ by 2.0 points.

BOND vs LQD: Differences, Returns & Fees
MeasureBONDLQD
Return
Total return, 1 year−1.4%−3.4%
Drawdown
Below its high3.1%, high on Feb 27, 20266.3%, high on Sep 22, 2021
Benchmark
What it tracksNo index, actively managedMarkit iBoxx USD Liquid Investment Grade Index
Cost and size
Expense ratio0.54%0.14%
Net assets, BOND as of Jun 30, 2026 and LQD as of Oct 27, 2026$8.3bn$30.6bn
Holdings
Holdings in common4%

Holdings in common uses holdings dated Jun 30, 2026 and Aug 31, 2026. Method

What they share

4%

By the books each fund has filed, BOND and LQD hold 4% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Aug 31, 2026.

0 half 100%

half

4% in common

Positions both hold · largest shared weight first BOND LQD
Bank of America Corp., due Apr 25, 2034 0.13% 0.12%
JPMorgan Chase & Co., due Jun 1, 2034 0.23% 0.11%
Wells Fargo & Co., due Jul 25, 2034 0.24% 0.11%
Bank of America Corp., due Sep 15, 2034 0.25% 0.10%
Wells Fargo & Co., due Jul 25, 2033 0.28% 0.09%
Goldman Sachs Group, Inc., due Feb 24, 2033 0.12% 0.09%
JPMorgan Chase & Co., due Apr 22, 2036 0.28% 0.08%
Goldman Sachs Group, Inc., due Jul 23, 2035 0.08% 0.08%
JPMorgan Chase & Co., due Apr 22, 2035 0.14% 0.07%
Morgan Stanley, due Apr 17, 2036 0.23% 0.07%
Wells Fargo & Co., due Apr 23, 2036 0.13% 0.07%
Goldman Sachs Group, Inc., due Jan 28, 2036 0.28% 0.07%
Only in one fund ↓
Only in BOND
Uniform Mortgage-Backed Security, TBA, due Aug 1, 2056 5.56%
PIMCO Mortgage-Backed Securities Active Exchange-Traded Fund 4.07%
Uniform Mortgage-Backed Security, TBA, due Aug 1, 2056 3.46%
U.S. Treasury Bonds, due Feb 15, 2043 3.39%
Uniform Mortgage-Backed Security, TBA, due Aug 1, 2056 2.73%
U.S. Treasury Bonds, due Nov 15, 2045 2.57%
Uniform Mortgage-Backed Security, TBA, due Sep 1, 2056 2.54%
Uniform Mortgage-Backed Security, TBA, due Aug 1, 2056 2.27%
Only in LQD
Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide Inc, due Feb 1, 2046 0.18%
T-Mobile USA Inc, due Apr 15, 2030 0.17%
Space Exploration Technologies Corp, due Jul 15, 2031 0.17%
Meta Platforms Inc, due Nov 15, 2035 0.16%
Charter Communications Operating LLC / Charter Communications Operating Capital, due Sep 1, 2038 0.15%
Charter Communications Operating LLC / Charter Communications Operating Capital, due Sep 1, 2041 0.15%
Amazon.com Inc, due Mar 13, 2036 0.14%
Space Exploration Technologies Corp, due Jul 15, 2033 0.14%
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Side by side

BOND PIMCO Active Bond Exchange-Traded Fund LQD iShares iBoxx $ Investment Grade Corporate Bond ETF
Where it sits Bond ETF Bond ETF
Issuer PIMCO iShares
What it is Actively managed Tracks an index of US investment grade bonds
Total return, 1 year −1.4% −3.4%
Its benchmark over the same days −1.4% (AGG) −1.2% (IUSB)
Gap to its benchmark 0.0 pts vs AGG −2.2 pts vs IUSB
Expense ratio 0.54% 0.14%
Holdings 1565 3191
Net assets, BOND as of Jun 30, 2026 and LQD as of Oct 27, 2026 $8.3bn $30.6bn

BOND and LQD on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

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About each fund
BOND

BOND is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned −1.4% with distributions reinvested, against −1.4% for its benchmark, the Bloomberg U.S. Aggregate Index. The prospectus expense ratio is 0.54% a year. It sat 3.1% below its high of Feb 27, 2026 on Oct 28, 2026.

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, BOND or LQD?
In the year to Oct 28, 2026, with distributions reinvested, BOND returned −1.4% and LQD −3.4%.
Which is cheaper, BOND or LQD?
LQD is cheaper, by 0.40 percentage points a year. That is about $40 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, BOND against LQD, data as of Oct 28, 2026. https://etfiq.com/compare/any/bond-vs-lqd

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