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

In the year to Oct 28, 2026, with distributions reinvested, LQD returned −3.4% and SPSB +2.2%.

Which is cheaper, LQD or SPSB?

SPSB is cheaper, by 0.10 percentage points a year. That is about $10 on $10,000 held for a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

LQD vs SPSB: Differences, Returns & Fees

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LQD's duration was 7.7 years on Aug 31, 2026 and SPSB's 1.8 on Jun 30, 2026; SPSB charges 0.04% 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 $11.3bn for State Street SPDR Portfolio Short Term Corporate Bond ETF.

LQD on its own →SPSB on its own →

At a glance

−3.4%

LQD total return, 1 year

+2.2%

SPSB total return, 1 year

0.14%

LQD expense ratio

0.04%

SPSB expense ratio

Pair scorecard

SPSB costs 0.10 points a year less; their one-year returns differ by 5.6 points; LQD is 2.7 times larger.

LQD vs SPSB: Differences, Returns & Fees
Measure	LQD	SPSB
Return
Measure	LQD	SPSB
Total return, 1 year	−3.4%	+2.2%
Drawdown
Measure	LQD	SPSB
Below its high	6.3%, high on Sep 22, 2021
Benchmark
Measure	LQD	SPSB
What it tracks	Markit iBoxx USD Liquid Investment Grade Index	Bloomberg U.S. 1-3 Year Corporate Bond Index
Cost and size
Measure	LQD	SPSB
Expense ratio	0.14%	0.04%
Net assets, as of Oct 27, 2026	$30.6bn	$11.3bn
Holdings
Measure	LQD	SPSB
Holdings in common	0%

Holdings in common uses holdings dated Jun 30, 2026 and Aug 31, 2026. Method

What they share

By the books each fund has filed, LQD and SPSB hold 0% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Aug 31, 2026.

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first LQD SPSB

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 SPSB

Salesforce Inc, due Mar 15, 2029 0.56%

AerCap Ireland Capital DAC / AerCap Global Aviation Trust, due Oct 29, 2028 0.44%

Bank of America Corp, due Dec 20, 2028 0.42%

Citigroup Inc, due Mar 4, 2029 0.42%

Morgan Stanley, due Apr 10, 2030 0.38%

JPMorgan Chase & Co, due Jul 25, 2028 0.38%

Pfizer Investment Enterprises Pte Ltd, due May 19, 2028 0.37%

Sprint Capital Corp, due Nov 15, 2028 0.37%

Check overlap with more funds →

Side by side

LQD iShares iBoxx $ Investment Grade Corporate Bond ETF SPSB State Street SPDR Portfolio Short Term Corporate Bond ETF

Where it sits Bond ETF Bond ETF

Issuer iShares State Street

What it is Tracks an index of US investment grade bonds Tracks an index of Short Term Corporate Bond

Total return, 1 year −3.4% +2.2%

Its benchmark over the same days −1.2% (IUSB) −1.4% (AGG)

Gap to its benchmark −2.2 pts vs IUSB +3.6 pts vs AGG

Expense ratio 0.14% 0.04%

Holdings 3191 1684

Net assets, as of Oct 27, 2026 $30.6bn $11.3bn

LQD and SPSB 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.

SPSB

SPSB tracks an index of Short Term Corporate Bond. Over the year to Oct 28, 2026 it returned +2.2% with distributions reinvested, against −1.4% for its benchmark, the Bloomberg U.S. Aggregate Bond Index. The prospectus expense ratio is 0.04% a year.

Questions people ask

Which returned more over the last year, LQD or SPSB?: In the year to Oct 28, 2026, with distributions reinvested, LQD returned −3.4% and SPSB +2.2%.
Which is cheaper, LQD or SPSB?: SPSB is cheaper, by 0.10 percentage points a year. That is about $10 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

LQD vs VCSH IGSB vs LQD BSV vs LQD LQD vs PFF SPSB vs VCIT BSCV vs SPSB IGIB vs SPSB SHV vs SPSB

Where to next

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

Sources and dates

LQD filings on SEC EDGAR ↗

LQD prospectus with the expense ratio (SEC) ↗

iShares page for LQD ↗

SPSB filings on SEC EDGAR ↗

SPSB prospectus with the expense ratio (SEC) ↗

State Street website ↗

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 SPSB, data as of Oct 28, 2026. https://etfiq.com/compare/any/lqd-vs-spsb

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