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

In the year to Sep 13, 2026, with distributions reinvested, LQD returned −2.7% and SPHQ returned +17.4%, so SPHQ returned more. One year is one year; the longer windows are in the table.

Which is cheaper, LQD or SPHQ?

LQD charges 0.14% a year and SPHQ charges 0.15%, 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 SPHQ: how they differ

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

iShares iBoxx $ Investment Grade Corporate Bond ETF and Invesco S&P 500 Quality ETF.

What they hold in common

By the books each fund has filed, LQD and SPHQ 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 SPHQ
BLK CSH FND TREASURY SL AGENCY 0.88%	Mastercard Inc 5.78%
ANHEUSER-BUSCH COMPANIES LLC 0.12%	Visa Inc 5.68%
DEUTSCHE TELEKOM INTERNATIONAL FIN 0.11%	Apple Inc 5.60%
CHARTER COMMUNICATIONS OPERATING L 144A 0.10%	Lam Research Corp 4.10%
JPMORGAN CHASE & CO MTN 0.09%	Netflix Inc 4.00%
BRITISH TELECOMMUNICATIONS PLC 0.08%	GE Vernova Inc 3.92%
MORGAN STANLEY (FXD-FRN) MTN 0.08%	Costco Wholesale Corp 3.85%
CITIGROUP INC (FX-FRN) 0.07%	General Electric Co 3.62%

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 SPHQ on the fields both publish, as of Sep 13, 2026. Source: ETFIQ.
	LQD iShares iBoxx $ Investment Grade Corporate Bond ETF	SPHQ Invesco S&P 500 Quality ETF
Where it sits	Core index fund	Core index fund
Issuer	iShares	Invesco
What it is	US investment grade bonds	S&P 500 Quality
Total return, 1 year	−2.7%	+17.4%
S&P 500 over the same days	+17.5%	+17.5%
Gap to the S&P 500	−20.2 pts	−0.1 pts
Expense ratio	0.14%	0.15%
Holdings	3149	100

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.

SPHQ in plain words

SPHQ is an index equity fund tracking the S&P 500 Quality. Over the year to Sep 11, 2026 it returned +17.4% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.15% a year. By its holdings filed for Sep 10, 2026, 100% of the fund by weight is stocks the S&P 500 also holds, across 100 positions, with the top ten at 43.4%. It sat 6.1% below its high of Jun 30, 2026 on Sep 11, 2026.

Questions people ask

Which returned more over the last year, LQD or SPHQ?: In the year to Sep 13, 2026, with distributions reinvested, LQD returned −2.7% and SPHQ returned +17.4%, so SPHQ returned more. One year is one year; the longer windows are in the table.
Which is cheaper, LQD or SPHQ?: LQD charges 0.14% a year and SPHQ charges 0.15%, 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 SPHQ, 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 SPHQ, data as of Sep 13, 2026. https://etfiq.com/compare/any/lqd-vs-sphq Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources