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

In the year to Oct 28, 2026, with distributions reinvested, LQD returned −3.4% and TIP −1.0%.

Which is cheaper, LQD or TIP?

LQD is cheaper, by 0.04 percentage points a year. That is about $4 on $10,000 held for a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

LQD vs TIP: Differences, Returns & Fees

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LQD's duration was 7.7 years on Aug 31, 2026 and TIP's 6.3 on Jul 31, 2026; LQD charges 0.14% to TIP's 0.18%.

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Net assets on Oct 27, 2026: $30.6bn for iShares iBoxx $ Investment Grade Corporate Bond ETF and $14.6bn for iShares TIPS Bond ETF.

LQD on its own →TIP on its own →

At a glance

−3.4%

LQD total return, 1 year

−1.0%

TIP total return, 1 year

0.14%

LQD expense ratio

0.18%

TIP expense ratio

Pair scorecard

LQD costs 0.04 points a year less; their one-year returns differ by 2.4 points; LQD is 2.1 times larger.

LQD vs TIP: Differences, Returns & Fees
Measure	LQD	TIP
Return
Measure	LQD	TIP
Total return, 1 year	−3.4%	−1.0%
Drawdown
Measure	LQD	TIP
Below its high	6.3%, high on Sep 22, 2021
Benchmark
Measure	LQD	TIP
What it tracks	Markit iBoxx USD Liquid Investment Grade Index	ICE U.S. Treasury Inflation Linked Bond Index
Cost and size
Measure	LQD	TIP
Expense ratio	0.14%	0.18%
Net assets, as of Oct 27, 2026	$30.6bn	$14.6bn
Holdings
Measure	LQD	TIP
Holdings in common	0%

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

What they share

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

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first LQD TIP

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 TIP

U.S. Treasury Inflation Linked Notes, due Jul 15, 2035 3.99%

U.S. Treasury Inflation Linked Notes, due Jan 15, 2035 3.94%

U.S. Treasury Inflation Linked Notes, due Jan 15, 2036 3.92%

U.S. Treasury Inflation Linked Notes, due Jul 15, 2034 3.71%

U.S. Treasury Inflation Linked Notes, due Jan 15, 2034 3.55%

U.S. Treasury Inflation Linked Notes, due Oct 15, 2030 3.37%

U.S. Treasury Inflation Linked Notes, due Apr 15, 2030 3.32%

U.S. Treasury Inflation Linked Notes, due Jan 15, 2033 3.31%

Check overlap with more funds →

Side by side

LQD iShares iBoxx $ Investment Grade Corporate Bond ETF TIP iShares TIPS 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 TIPS Bond

Total return, 1 year −3.4% −1.0%

Its benchmark over the same days −1.2% (IUSB) −0.8% (VTP)

Gap to its benchmark −2.2 pts vs IUSB −0.2 pts vs VTP

Expense ratio 0.14% 0.18%

Holdings 3191 48

Net assets, as of Oct 27, 2026 $30.6bn $14.6bn

LQD and TIP 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.

TIP

TIP tracks an index of TIPS Bond. Over the year to Oct 28, 2026 it returned −1.0% with distributions reinvested, against −0.8% for its benchmark, the ICE U.S. Treasury Inflation Linked Bond Index. The prospectus expense ratio is 0.18% a year.

Questions people ask

Which returned more over the last year, LQD or TIP?: In the year to Oct 28, 2026, with distributions reinvested, LQD returned −3.4% and TIP −1.0%.
Which is cheaper, LQD or TIP?: LQD is cheaper, by 0.04 percentage points a year. That is about $4 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

LQD vs SCHP EMB vs LQD LQD vs VGLT BOND vs LQD TIP vs VCIT IGIB vs TIP TIP vs TIPX SPIP vs TIP

Where to next

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

Sources and dates

LQD and TIP filings on SEC EDGAR ↗

LQD prospectus with the expense ratio (SEC) ↗

iShares page for LQD ↗

TIP prospectus with the expense ratio (SEC) ↗

iShares page for TIP ↗

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

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