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

In the year to Sep 13, 2026, with distributions reinvested, GOVT returned −1.0% and LQD returned −2.7%, so GOVT returned more. One year is one year; the longer windows are in the table.

Which is cheaper, GOVT or LQD?

GOVT charges 0.05% a year and LQD charges 0.14%, so GOVT is cheaper. Fees come from each fund's prospectus.

Data as of Sep 13, 2026. Both funds on the fields they both publish, from the same sources.

ETFIQetfiq.com · independent ETF data

GOVT vs LQD: how they differ

GOVT and LQD hold 0% of their weight in the same names, and GOVT returned more over the year.

iShares U.S. Treasury Bond ETF and iShares iBoxx $ Investment Grade Corporate Bond ETF.

What they hold in common

By the books each fund has filed, GOVT and LQD hold 0% of their money in the same securities at the same weight.

Positions GOVT and LQD both hold, largest shared weight first
Holding	GOVT	LQD
BLK CSH FND TREASURY SL AGENCY	0.11%	0.88%

Largest positions each one holds and the other does not
Only in GOVT	Only in LQD
US TREASURY N/B 0.60%	ANHEUSER-BUSCH COMPANIES LLC 0.12%
TREASURY NOTE (OTR) 0.55%	DEUTSCHE TELEKOM INTERNATIONAL FIN 0.11%
TREASURY BOND (OLD) 0.42%	CHARTER COMMUNICATIONS OPERATING L 144A 0.10%
TREASURY NOTE (2OLD) 0.25%	JPMORGAN CHASE & CO MTN 0.09%
TREASURY BOND (OTR) 0.16%	BRITISH TELECOMMUNICATIONS PLC 0.08%
TREASURY NOTE (OLD) 0.11%	MORGAN STANLEY (FXD-FRN) MTN 0.08%
TREASURY BOND (2OLD) 0.08%	CITIGROUP INC (FX-FRN) 0.07%
TREASURY STRIP (INT) 0.04%	MORGAN STANLEY PRIVATE BANK NA 0.07%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Sep 10, 2026.

GOVT and LQD on the fields both publish, as of Sep 13, 2026. Source: ETFIQ.
	GOVT iShares U.S. Treasury Bond ETF	LQD iShares iBoxx $ Investment Grade Corporate Bond ETF
Where it sits	Core index fund	Core index fund
Issuer	iShares	iShares
What it is	U.S. Treasury Bond	US investment grade bonds
Total return, 1 year	−1.0%	−2.7%
S&P 500 over the same days	+17.5%	+17.5%
Gap to the S&P 500	−18.5 pts	−20.2 pts
Expense ratio	0.05%	0.14%
Holdings	216	3149

GOVT in plain words

GOVT is a bond fund tracking the U.S. Treasury Bond. Over the year to Sep 11, 2026 it returned −1.0% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.05% a year. It sat 8.4% below its high of Aug 4, 2020 on Sep 11, 2026.

LQD in plain words

LQD is a bond fund tracking the US investment grade bonds. Over the year to Sep 11, 2026 it returned −2.7% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.14% a year. It sat 6.4% below its high of Sep 22, 2021 on Sep 11, 2026.

Questions people ask

Which returned more over the last year, GOVT or LQD?: In the year to Sep 13, 2026, with distributions reinvested, GOVT returned −1.0% and LQD returned −2.7%, so GOVT returned more. One year is one year; the longer windows are in the table.
Which is cheaper, GOVT or LQD?: GOVT charges 0.05% a year and LQD charges 0.14%, so GOVT is cheaper. Fees come from each fund's prospectus.

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Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

GOVT against LQD, ETFIQ, data as of Sep 13, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, GOVT against LQD, data as of Sep 13, 2026. https://etfiq.com/compare/any/govt-vs-lqd Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources