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

In the year to Sep 13, 2026, with distributions reinvested, LQD returned −2.7% and TLT returned −6.4%, so LQD returned more. One year is one year; the longer windows are in the table.

Which is cheaper, LQD or TLT?

LQD charges 0.14% a year and TLT 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 TLT: how they differ

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

iShares iBoxx $ Investment Grade Corporate Bond ETF and iShares 20+ Year Treasury Bond ETF.

What they hold in common

By the books each fund has filed, LQD and TLT 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 TLT
BLK CSH FND TREASURY SL AGENCY 0.88%	TREASURY BOND (2OLD) 4.16%
ANHEUSER-BUSCH COMPANIES LLC 0.12%	TREASURY BOND (OLD) 4.05%
DEUTSCHE TELEKOM INTERNATIONAL FIN 0.11%	TREASURY BOND (OTR) 1.03%
CHARTER COMMUNICATIONS OPERATING L 144A 0.10%	TREASURY BOND 0.02%
JPMORGAN CHASE & CO MTN 0.09%
BRITISH TELECOMMUNICATIONS PLC 0.08%
MORGAN STANLEY (FXD-FRN) MTN 0.08%
CITIGROUP INC (FX-FRN) 0.07%

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 TLT on the fields both publish, as of Sep 13, 2026. Source: ETFIQ.
	LQD iShares iBoxx $ Investment Grade Corporate Bond ETF	TLT iShares 20+ Year Treasury Bond ETF
Where it sits	Core index fund	Core index fund
Issuer	iShares	iShares
What it is	US investment grade bonds	20+ year Treasuries
Total return, 1 year	−2.7%	−6.4%
S&P 500 over the same days	+17.5%	+17.5%
Gap to the S&P 500	−20.2 pts	−23.9 pts
Expense ratio	0.14%	0.15%
Holdings	3149	41

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.

TLT in plain words

TLT is a bond fund tracking the 20+ year Treasuries. Over the year to Sep 11, 2026 it returned −6.4% 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. It sat 42.9% below its high of Aug 4, 2020 on Sep 11, 2026.

Questions people ask

Which returned more over the last year, LQD or TLT?: In the year to Sep 13, 2026, with distributions reinvested, LQD returned −2.7% and TLT returned −6.4%, so LQD returned more. One year is one year; the longer windows are in the table.
Which is cheaper, LQD or TLT?: LQD charges 0.14% a year and TLT charges 0.15%, so LQD is cheaper. Fees come from each fund's prospectus.

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

A comparison is not a recommendation. Standards and sources