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

In the year to Oct 28, 2026, with distributions reinvested, LQD returned −3.4% and USFR +4.1%.

Which is cheaper, LQD or USFR?

LQD is cheaper, by 0.01 percentage points a year. That is about $1 on $10,000 held for a year. Fees come from each fund's prospectus.

Data as of Oct 28, 2026.

Across categories

LQD vs USFR: Differences, Returns & Fees

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LQD's duration was 7.7 years on Aug 31, 2026 and USFR's 0.0 on May 31, 2026; LQD charges 0.14% to USFR's 0.15%.

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Net assets: $30.6bn on Oct 27, 2026 for iShares iBoxx $ Investment Grade Corporate Bond ETF, and $17.0bn on May 31, 2026 for WisdomTree Floating Rate Treasury Fund.

LQD on its own →USFR on its own →

At a glance

−3.4%

LQD total return, 1 year

+4.1%

USFR total return, 1 year

0.14%

LQD expense ratio

0.15%

USFR expense ratio

Pair scorecard

LQD costs 0.01 points a year less; their one-year returns differ by 7.5 points.

LQD vs USFR: Differences, Returns & Fees
Measure	LQD	USFR
Return
Measure	LQD	USFR
Total return, 1 year	−3.4%	+4.1%
Drawdown
Measure	LQD	USFR
Below its high	6.3%, high on Sep 22, 2021
Benchmark
Measure	LQD	USFR
What it tracks	Markit iBoxx USD Liquid Investment Grade Index	Bloomberg U.S. Treasury Floating Rate Bond Index
Cost and size
Measure	LQD	USFR
Expense ratio	0.14%	0.15%
Net assets, LQD as of Oct 27, 2026 and USFR as of May 31, 2026	$30.6bn	$17.0bn
Holdings
Measure	LQD	USFR
Holdings in common	0%

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

What they share

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

50%

0 half 100%

half

0% in common

Positions both hold · largest shared weight first LQD USFR

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 USFR

TF 0 10/31/27, due Oct 31, 2027 27.95%

TF 0 07/31/27, due Jul 31, 2027 27.93%

TF 0 01/31/28, due Jan 31, 2028 27.91%

TF 0 04/30/28, due Apr 30, 2028 15.90%

Check overlap with more funds →

Side by side

LQD iShares iBoxx $ Investment Grade Corporate Bond ETF USFR WisdomTree Floating Rate Treasury Fund

Where it sits Bond ETF Bond ETF

Issuer iShares WisdomTree

What it is Tracks an index of US investment grade bonds Tracks an index of Floating Rate Treasury

Total return, 1 year −3.4% +4.1%

Its benchmark over the same days −1.2% (IUSB) +4.0% (TFLO)

Gap to its benchmark −2.2 pts vs IUSB +0.1 pts vs TFLO

Expense ratio 0.14% 0.15%

Holdings 3191 4

Net assets, LQD as of Oct 27, 2026 and USFR as of May 31, 2026 $30.6bn $17.0bn

LQD and USFR 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.

USFR

USFR tracks an index of Floating Rate Treasury. Over the year to Oct 28, 2026 it returned +4.1% with distributions reinvested, against +4.0% for its benchmark, the Bloomberg U.S. Treasury Floating Rate Bond Index. The prospectus expense ratio is 0.15% a year.

Questions people ask

Which returned more over the last year, LQD or USFR?: In the year to Oct 28, 2026, with distributions reinvested, LQD returned −3.4% and USFR +4.1%.
Which is cheaper, LQD or USFR?: LQD is cheaper, by 0.01 percentage points a year. That is about $1 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

LQD vs VUSB BIL vs LQD LQD vs SGOV LQD vs MINT USFR vs VCIT IGIB vs USFR SHY vs USFR MBB vs USFR

Where to next

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

Sources and dates

LQD filings on SEC EDGAR ↗

LQD prospectus with the expense ratio (SEC) ↗

iShares page for LQD ↗

USFR filings on SEC EDGAR ↗

USFR prospectus with the expense ratio (SEC) ↗

WisdomTree page for USFR ↗

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

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