IBDY vs LQD: Differences, Returns & Fees

IBDY's duration was 5.5 years on Jul 31, 2026 and LQD's 8.1 on May 31, 2026; IBDY charges 0.10% to LQD's 0.14%. Net assets on Oct 9, 2026: $1.2bn for iShares iBonds Dec 2033 Term Corporate ETF and $28.5bn for iShares iBoxx $ Investment Grade Corporate Bond ETF.

IBDY costs 0.04 points a year less; their one-year returns differ by 1.9 points; LQD is far larger, $28.5bn against $1.2bn.

IBDY vs LQD: Differences, Returns & Fees
IBDYLQD
Expense ratio0.10%0.14%
Net assets$1.2bn$28.5bn
Total return, 1 year−1.5%−3.4%
What it tracksBloomberg December 2033 Maturity Corporate IndexUS investment grade bonds
Holdings in common6%
Below its high4.2%, high on Feb 27, 20267.8%, high on Sep 22, 2021

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

−1.5%
IBDY total return, 1 year
−3.4%
LQD total return, 1 year
0.10%
IBDY expense ratio
0.14%
LQD expense ratio

What they hold in common

By the books each fund has filed, IBDY and LQD hold 6% 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

6% in common

Positions both hold, largest shared weight first
Holding IBDY LQD
Pfizer Investment Enterprises Pte. Ltd., due May 19, 2033 1.42% 0.12%
Amgen, Inc., due Mar 2, 2033 1.25% 0.11%
Amazon.com, Inc., due Mar 13, 2033 1.13% 0.11%
Meta Platforms, Inc., due May 15, 2033 0.58% 0.10%
AT&T, Inc., due Dec 1, 2033 0.92% 0.08%
Oracle Corp., due May 4, 2033 0.82% 0.08%
Alphabet, Inc., due Feb 15, 2033 0.86% 0.08%
Abbott Laboratories, due Mar 15, 2033 0.77% 0.07%
T-Mobile USA, Inc., due Jul 15, 2033 0.75% 0.07%
Salesforce, Inc., due Mar 15, 2033 0.78% 0.07%
Intel Corp., due Feb 10, 2033 0.64% 0.06%
Banco Santander SA, due Aug 8, 2033 0.63% 0.05%
Only in IBDY
Space Exploration Technologies Corp., due Jul 15, 2033 1.54%
NVIDIA Corp., due Jun 15, 2033 0.98%
AT&T, Inc., due Apr 30, 2033 0.57%
Amazon.com, Inc., due Jul 9, 2033 0.51%
Vale Overseas Ltd., due Jun 12, 2033 0.46%
Royal Caribbean Cruises Ltd., due May 15, 2033 0.35%
Accenture Capital, Inc., due Jul 10, 2033 0.27%
HA Sustainable Infrastructure Capital, Inc., due Jul 15, 2033 0.26%
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

IBDY
iShares iBonds Dec 2033 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 −1.5% −3.4%
Expense ratio 0.10% 0.14%
Holdings 420 3167
Net assets $1.2bn $28.5bn

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

About IBDY

IBDY tracks an index. Over the year to Oct 9, 2026 it returned −1.5% with distributions reinvested. The prospectus expense ratio is 0.10% a year. It sat 4.2% 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, IBDY or LQD?
In the year to Oct 9, 2026, with distributions reinvested, IBDY returned −1.5% and LQD −3.4%.
Which is cheaper, IBDY or LQD?
IBDY 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, IBDY against LQD, data as of Oct 9, 2026. https://etfiq.com/compare/any/ibdy-vs-lqd

Open data

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