Which returned more over the last year, CGMS or LQD?

In the year to Oct 9, 2026, with distributions reinvested, CGMS returned +1.0% and LQD −3.4%.

Which is cheaper, CGMS or LQD?

LQD is cheaper, by 0.25 percentage points a year. That is about $25 on $10,000 held for a year. Fees come from each fund's prospectus.

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CGMS vs LQD: Differences, Returns & Fees

CGMS's duration was 4.7 years on Jun 30, 2026 and LQD's 8.1 on May 31, 2026; LQD charges 0.14% to CGMS's 0.39%. Net assets: $5.4bn on Oct 8, 2026 for Capital Group U.S. Multi-Sector Income ETF, and $28.5bn on Oct 9, 2026 for iShares iBoxx $ Investment Grade Corporate Bond ETF.

LQD costs 0.25 points a year less; their one-year returns differ by 4.4 points; LQD is 5.4 times larger.

CGMS vs LQD: Differences, Returns & Fees
	CGMS	LQD
Expense ratio	0.39%	0.14%
Net assets, as of Oct 8, 2026	$5.4bn	$29.1bn
Total return, 1 year	+1.0%	−3.4%
What it tracks	No index, actively managed	US investment grade bonds
Holdings in common	9%
Below its high		7.8%, high on Sep 22, 2021

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

+1.0%

CGMS total return, 1 year

−3.4%

LQD total return, 1 year

0.39%

CGMS expense ratio

0.14%

LQD expense ratio

What they hold in common

By the books each fund has filed, CGMS and LQD hold 9% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated May 31, 2026 and Jun 30, 2026.

50%

half

9% in common

Positions both hold, largest shared weight first

Holding CGMS LQD

Meta Platforms Inc, due Nov 15, 2035 0.16% 0.16%

Bank of America Corp, due Feb 6, 2037 0.54% 0.13%

Oracle Corp, due Feb 4, 2056 0.29% 0.13%

Oracle Corp, due Feb 4, 2036 0.37% 0.12%

Pfizer Investment Enterprises Pte Ltd, due May 19, 2053 0.12% 0.15%

Meta Platforms Inc, due Nov 15, 2055 0.11% 0.15%

Amazon.com Inc, due Mar 13, 2056 0.11% 0.14%

Amgen Inc, due Mar 2, 2033 0.11% 0.11%

Goldman Sachs Group Inc/The, due Jan 21, 2037 0.11% 0.10%

Morgan Stanley, due Apr 10, 2037 0.10% 0.10%

Morgan Stanley, due Jan 30, 2037 0.17% 0.10%

Oracle Corp, due Sep 26, 2035 0.22% 0.10%

Only in CGMS

Capital Group Central Cash Fund 3.12%

RD Michigan Property Owner I LLC, due Mar 30, 2045 0.61%

MPT Operating Partnership LP / MPT Finance Corp, due Feb 15, 2032 0.38%

Connect Finco SARL / Connect US Finco LLC, due Sep 15, 2029 0.38%

U.S. Treasury Notes, due Nov 30, 2030 0.38%

Freddie Mac Pool, due Apr 1, 2055 0.35%

Navient Corp, due Aug 1, 2033 0.34%

Mars Inc, due Mar 1, 2035 0.34%

Only in LQD

Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide Inc, due Feb 1, 2046 0.20%

CVS Health Corp, due Mar 25, 2048 0.17%

T-Mobile USA Inc, due Apr 15, 2030 0.16%

Goldman Sachs Group Inc/The, due Oct 1, 2037 0.15%

Bank of America Corp, due Jan 23, 2035 0.14%

AbbVie Inc, due Nov 21, 2029 0.13%

Amazon.com Inc, due Mar 13, 2031 0.13%

Wells Fargo & Co, due Apr 4, 2051 0.12%

Check overlap with more funds →

On the same fields

CGMS

Capital Group U.S. Multi-Sector Income ETF

LQD

iShares iBoxx $ Investment Grade Corporate Bond ETF

Where it sits Bond ETF Bond ETF

Issuer Capital Group iShares

What it is Actively managed Tracks an index of US investment grade bonds

Total return, 1 year +1.0% −3.4%

Expense ratio 0.39% 0.14%

Holdings 1465 3167

Net assets, CGMS as of Oct 8, 2026 and LQD as of Oct 9, 2026 $5.4bn $28.5bn

CGMS and LQD on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.

About CGMS

CGMS is actively managed and tracks no index. Over the year to Oct 9, 2026 it returned +1.0% with distributions reinvested. The prospectus expense ratio is 0.39% a year.

About LQD

LQD tracks an index of US investment grade bonds. Over the year to Oct 9, 2026 it returned −3.4% with distributions reinvested. The prospectus expense ratio is 0.14% a year. It sat 7.8% below its high of Sep 22, 2021 on Oct 9, 2026.

Questions people ask

Which returned more over the last year, CGMS or LQD?: In the year to Oct 9, 2026, with distributions reinvested, CGMS returned +1.0% and LQD −3.4%.
Which is cheaper, CGMS or LQD?: LQD is cheaper, by 0.25 percentage points a year. That is about $25 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

CGMS vs IGIB CGMS vs UCON CGMS vs SPBO CGMS vs IBDX LQD vs SCHI LQD vs UCON LQD vs SPBO IBDX vs LQD

CGMS on its own →LQD on its own →Hold both: look the portfolio through →Rankings →Standards and sources →

Where these figures came from

CGMS filings on SEC EDGAR ↗CGMS prospectus with the expense ratio (SEC) ↗Capital Group page for CGMS ↗LQD filings on SEC EDGAR ↗LQD prospectus with the expense ratio (SEC) ↗iShares page for LQD ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement. 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.

Cite this pageCitation, APA and Markdown

ETFIQ, CGMS against LQD, data as of Oct 9, 2026. https://etfiq.com/compare/any/cgms-vs-lqd

Open data

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.