IBDX vs LQD: Differences, Returns & Fees

IBDX's duration was 5.0 years on Jul 31, 2026 and LQD's 8.1 on May 31, 2026; IBDX charges 0.10% to LQD's 0.14%. Net assets on Oct 9, 2026: $1.8bn for iShares iBonds Dec 2032 Term Corporate ETF and $28.5bn for iShares iBoxx $ Investment Grade Corporate Bond ETF.

IBDX costs 0.04 points a year less; their one-year returns differ by 2.4 points; LQD is 16.2 times larger.

IBDX vs LQD: Differences, Returns & Fees
IBDXLQD
Expense ratio0.10%0.14%
Net assets$1.8bn$28.5bn
Total return, 1 year−1.0%−3.4%
What it tracksBloomberg December 2032 Maturity Corporate IndexUS investment grade bonds
Holdings in common5%
Below its high3.7%, high on Feb 27, 20267.8%, high on Sep 22, 2021

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

−1.0%
IBDX total return, 1 year
−3.4%
LQD total return, 1 year
0.10%
IBDX expense ratio
0.14%
LQD expense ratio

What they hold in common

By the books each fund has filed, IBDX and LQD hold 5% 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 Jul 31, 2026.

half

5% in common

Positions both hold, largest shared weight first
Holding IBDX LQD
Meta Platforms, Inc., due Nov 15, 2032 1.20% 0.10%
AerCap Ireland Capital DAC, due Jan 30, 2032 1.14% 0.09%
Verizon Communications, Inc., due Mar 15, 2032 1.24% 0.09%
Meta Platforms, Inc., due Aug 15, 2032 0.85% 0.07%
Oracle Corp., due Sep 26, 2032 0.85% 0.07%
Sprint Capital Corp., due Mar 15, 2032 0.69% 0.06%
Amazon.com, Inc., due Dec 1, 2032 0.67% 0.06%
Oracle Corp., due Nov 9, 2032 0.67% 0.05%
Ford Motor Co., due Feb 12, 2032 0.66% 0.05%
Broadcom, Inc., due Nov 15, 2032 0.58% 0.05%
GE HealthCare Technologies, Inc., due Nov 22, 2032 0.55% 0.05%
Toronto-Dominion Bank (The), due Jun 8, 2032 0.60% 0.05%
Only in IBDX
Broadcom, Inc., due Apr 15, 2032 0.34%
TSMC Arizona Corp., due Apr 22, 2032 0.29%
Suzano Austria GmbH, Series DM3N, due Jan 15, 2032 0.27%
TELUS Corp., due May 13, 2032 0.26%
Valero Energy Corp., due Apr 15, 2032 0.25%
UBS Americas, Inc., due Jul 15, 2032 0.25%
Pilgrim's Pride Corp., due Mar 1, 2032 0.25%
Pacific Gas and Electric Co., due Feb 1, 2032 0.23%
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%
Meta Platforms Inc, due Nov 15, 2035 0.16%
Amazon.com Inc, due Mar 13, 2036 0.15%
Pfizer Investment Enterprises Pte Ltd, due May 19, 2053 0.15%
Meta Platforms Inc, due Nov 15, 2055 0.15%
Goldman Sachs Group Inc/The, due Oct 1, 2037 0.15%

Check overlap with more funds →

On the same fields

IBDX
iShares iBonds Dec 2032 Term Corporate ETF
LQD
iShares iBoxx $ Investment Grade Corporate Bond ETF
Where it sits Bond ETF Bond ETF
What it is Tracks an index Tracks an index of US investment grade bonds
Total return, 1 year −1.0% −3.4%
Expense ratio 0.10% 0.14%
Holdings 434 3167
Net assets $1.8bn $28.5bn

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

About IBDX

IBDX tracks an index. Over the year to Oct 9, 2026 it returned −1.0% with distributions reinvested. The prospectus expense ratio is 0.10% a year. It sat 3.7% below its high of Feb 27, 2026 on Oct 9, 2026.

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, IBDX or LQD?
In the year to Oct 9, 2026, with distributions reinvested, IBDX returned −1.0% and LQD −3.4%.
Which is cheaper, IBDX or LQD?
IBDX is cheaper, by 0.04 percentage points a year. That is about $4 on $10,000 held for a year. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from

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

Open data

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