Data as of Oct 28, 2026.
LQD vs LQDM: Differences, Returns & Fees
LQD and LQDM are measured over different days, and LQD charges 0.14% to LQDM's 0.54%.
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Net assets: $30.6bn on Oct 27, 2026 for iShares iBoxx $ Investment Grade Corporate Bond ETF, and $4.2m on Oct 28, 2026 for Amplify LQD Investment Grade 12% Target Income ETF.
Pair scorecard
LQD costs 0.40 points a year less; LQD is far larger, $30.2bn against $4.2m.
| Measure | LQD | LQDM |
|---|---|---|
| Return | ||
| Total return, 1 year | −3.4% | not published |
| Cash paid, share of starting value, since Apr 21, 2026 | 4.8% | |
| Price change, since Apr 21, 2026 | fell 7.0% | |
| Latest payout, annualized | 12.0% | |
| Return of capital, issuer estimate | 61% of the Sep 30, 2026 payment | |
| Drawdown | ||
| Below its high | 6.3%, high on Sep 22, 2021 | |
| Benchmark | ||
| What it tracks | Markit iBoxx USD Liquid Investment Grade Index | Benchmark: US investment grade bonds, measured through LQD |
| Cost and size | ||
| Expense ratio | 0.14% | 0.54% |
| Net assets, as of Oct 23, 2026 | $30.2bn | $4.2m |
| Holdings | ||
| Holdings in common | 0% | |
Holdings in common uses holdings dated Oct 27, 2026 and Oct 28, 2026. Method
Risk and return
May 1, 2026 to Oct 23, 2026 · 25 weekly returnsLQDM returned more: −1.8% to −2.4%. LQDM fell less at its worst: −4.4% to −5.5%.
Full scorecard
3 measures, with how each is measured Open ↓
| Measure | LQD | LQDM | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | −2.4% | −1.8% | LQDM | Price change plus distributions, reinvested. |
| Price return | −4.4% | −6.6% | LQD | Price change alone, distributions left out. |
| Risk | ||||
| Max drawdown | −5.5% | −4.4% | LQDM | Deepest fall from a high to the low after it. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 25 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, LQD and LQDM hold 0% of their money in the same securities at the same weight. Holdings dated Oct 27, 2026 and Oct 28, 2026.
half
0% in common
Only in one fund ↓
Side by side
LQD and LQDM on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
No client brief for this pair: ETFIQ prints no one-year total return for LQDM.
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.
LQDM
Over the period from its first trade on Apr 21, 2026 to Oct 28, 2026, LQDM paid 4.8% of its starting value in cash distributions while its price fell 7.0%. With every distribution reinvested, the fund returned −2.2%. US investment grade bonds (LQD) returned −2.7% over the same days, so a holder was about even. At its price on Oct 28, 2026 the latest distribution annualizes to 12.0%, paid monthly. Amplify estimates that 61% of the distribution paid Sep 30, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.
Questions people ask
- Are LQD and LQDM in the same category?
- LQD is a bond ETF and LQDM is an option-income ETF, so they do different jobs. The table compares what both publish: return, cost and holdings.
- Which is cheaper, LQD or LQDM?
- 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.
Links are sources, not endorsements. 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.
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ETFIQ, LQD against LQDM, data as of Oct 28, 2026. https://etfiq.com/compare/any/lqd-vs-lqdm
ETFIQ. (Oct 28, 2026). LQD against LQDM. Retrieved from https://etfiq.com/compare/any/lqd-vs-lqdm
[LQD against LQDM (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/lqd-vs-lqdm)
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