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

In the year to Sep 13, 2026, with distributions reinvested, LQD returned −2.7% and SPHD returned +8.6%, so SPHD returned more. One year is one year; the longer windows are in the table.

Which is cheaper, LQD or SPHD?

LQD charges 0.14% a year and SPHD charges 0.30%, so LQD 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

LQD vs SPHD: how they differ

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

iShares iBoxx $ Investment Grade Corporate Bond ETF and Invesco S&P 500 High Dividend Low Volatility ETF.

What they hold in common

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

Largest positions each one holds and the other does not
Only in LQD	Only in SPHD
BLK CSH FND TREASURY SL AGENCY 0.88%	Verizon Communications Inc 3.39%
ANHEUSER-BUSCH COMPANIES LLC 0.12%	Pfizer Inc 3.38%
DEUTSCHE TELEKOM INTERNATIONAL FIN 0.11%	General Mills Inc 2.96%
CHARTER COMMUNICATIONS OPERATING L 144A 0.10%	Kraft Heinz Co/The 2.90%
JPMORGAN CHASE & CO MTN 0.09%	VICI Properties Inc 2.83%
BRITISH TELECOMMUNICATIONS PLC 0.08%	AT&T Inc 2.70%
MORGAN STANLEY (FXD-FRN) MTN 0.08%	Comcast Corp 2.62%
CITIGROUP INC (FX-FRN) 0.07%	Altria Group Inc 2.55%

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.

LQD and SPHD on the fields both publish, as of Sep 13, 2026. Source: ETFIQ.
	LQD iShares iBoxx $ Investment Grade Corporate Bond ETF	SPHD Invesco S&P 500 High Dividend Low Volatility ETF
Where it sits	Core index fund	Core index fund
Issuer	iShares	Invesco
What it is	US investment grade bonds	S&P 500 High Dividend Low Volatility
Total return, 1 year	−2.7%	+8.6%
S&P 500 over the same days	+17.5%	+17.5%
Gap to the S&P 500	−20.2 pts	−8.9 pts
Expense ratio	0.14%	0.30%
Holdings	3149	56

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.

SPHD in plain words

SPHD is an index equity fund tracking the S&P 500 High Dividend Low Volatility. Over the year to Sep 11, 2026 it returned +8.6% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.30% a year. By its holdings filed for Sep 10, 2026, 96% of the fund by weight is stocks the S&P 500 also holds, across 56 positions, with the top ten at 28.1%. It sat 4.1% below its high of Aug 24, 2026 on Sep 11, 2026.

Questions people ask

Which returned more over the last year, LQD or SPHD?: In the year to Sep 13, 2026, with distributions reinvested, LQD returned −2.7% and SPHD returned +8.6%, so SPHD returned more. One year is one year; the longer windows are in the table.
Which is cheaper, LQD or SPHD?: LQD charges 0.14% a year and SPHD charges 0.30%, so LQD is cheaper. Fees come from each fund's prospectus.

Other comparisons

Where to next

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.

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

A comparison is not a recommendation. Standards and sources