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

In the year to Oct 28, 2026, with distributions reinvested, LQD returned −3.4% and SGOV +3.7%.

Which is cheaper, LQD or SGOV?

SGOV is cheaper, by 0.05 percentage points a year. That is about $5 on $10,000 held for a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

LQD vs SGOV: Differences, Returns & Fees

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On Aug 31, 2026 LQD's duration was 7.7 years and SGOV's 0.1; SGOV charges 0.09% to LQD's 0.14%.

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Net assets on Oct 27, 2026: $30.6bn for iShares iBoxx $ Investment Grade Corporate Bond ETF and $117.0bn for iShares 0-3 Month Treasury Bond ETF.

LQD on its own →SGOV on its own →

At a glance

−3.4%

LQD total return, 1 year

+3.7%

SGOV total return, 1 year

0.14%

LQD expense ratio

0.09%

SGOV expense ratio

Pair scorecard

SGOV costs 0.05 points a year less; their one-year returns differ by 7.1 points; SGOV is 3.8 times larger.

LQD vs SGOV: Differences, Returns & Fees
Measure	LQD	SGOV
Return
Measure	LQD	SGOV
Total return, 1 year	−3.4%	+3.7%
Drawdown
Measure	LQD	SGOV
Below its high	6.3%, high on Sep 22, 2021
Benchmark
Measure	LQD	SGOV
What it tracks	Markit iBoxx USD Liquid Investment Grade Index	ICE 0-3 Month US Treasury Securities Index
Cost and size
Measure	LQD	SGOV
Expense ratio	0.14%	0.09%
Net assets, as of Oct 27, 2026	$30.6bn	$117.0bn
Holdings
Measure	LQD	SGOV
Holdings in common	0%

Holdings in common uses holdings dated Aug 31, 2026. Method

What they share

By the books each fund has filed, LQD and SGOV hold 0% of their money in the same securities at the same weight. Holdings dated Aug 31, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first LQD SGOV

Only in one fund ↓

Only in LQD

Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide Inc, due Feb 1, 2046 0.18%

CVS Health Corp, due Mar 25, 2048 0.17%

T-Mobile USA Inc, due Apr 15, 2030 0.17%

Space Exploration Technologies Corp, due Jul 15, 2031 0.17%

Meta Platforms Inc, due Nov 15, 2035 0.16%

Charter Communications Operating LLC / Charter Communications Operating Capital, due Sep 1, 2038 0.15%

Charter Communications Operating LLC / Charter Communications Operating Capital, due Sep 1, 2041 0.15%

Amazon.com Inc, due Mar 13, 2036 0.14%

Only in SGOV

U.S. Treasury Bills, due Oct 20, 2026 10.18%

U.S. Treasury Bills, due Sep 22, 2026 8.59%

U.S. Treasury Bills, due Oct 13, 2026 8.51%

U.S. Treasury Bills, due Sep 29, 2026 6.82%

U.S. Treasury Bills, due Oct 27, 2026 6.76%

U.S. Treasury Bills, due Sep 1, 2026 6.63%

U.S. Treasury Bills, due Sep 15, 2026 6.04%

U.S. Treasury Bills, due Oct 29, 2026 5.18%

Check overlap with more funds →

Side by side

LQD iShares iBoxx $ Investment Grade Corporate Bond ETF SGOV iShares 0-3 Month Treasury Bond ETF

Where it sits Bond ETF Bond ETF

Issuer iShares iShares

What it is Tracks an index of US investment grade bonds Tracks an index of 0-3 month T-bills

Total return, 1 year −3.4% +3.7%

Its benchmark over the same days −1.2% (IUSB) not measured

Gap to its benchmark −2.2 pts vs IUSB not measured

Expense ratio 0.14% 0.09%

Holdings 3191 22

Net assets, as of Oct 27, 2026 $30.6bn $117.0bn

LQD and SGOV on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Alert

About each fund

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.

SGOV

SGOV tracks an index of 0-3 month T-bills. Over the year to Oct 28, 2026 it returned +3.7% with distributions reinvested. The prospectus expense ratio is 0.09% a year.

Questions people ask

Which returned more over the last year, LQD or SGOV?: In the year to Oct 28, 2026, with distributions reinvested, LQD returned −3.4% and SGOV +3.7%.
Which is cheaper, LQD or SGOV?: SGOV is cheaper, by 0.05 percentage points a year. That is about $5 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

BIL vs LQD LQD vs SHV LQD vs PULS LQD vs USFR SGOV vs VCIT IGIB vs SGOV FBND vs SGOV SGOV vs SHY

Where to next

LQD on its own →SGOV on its own →Hold both: look the portfolio through →Rankings →LQD dividend history →LQD holdings →SGOV dividend history →SGOV holdings →Standards and sources →

Sources and dates

LQD and SGOV filings on SEC EDGAR ↗

LQD and SGOV prospectus with the expense ratio (SEC) ↗

iShares page for LQD ↗

iShares page for SGOV ↗

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.

Cite this pageCitation, APA and Markdown

ETFIQ, LQD against SGOV, data as of Oct 28, 2026. https://etfiq.com/compare/any/lqd-vs-sgov

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