Data as of Oct 28, 2026.
LQD vs USHY: Differences, Returns & Fees
LQD's duration was 7.7 years on Aug 31, 2026 and USHY's 3.0 on Jul 31, 2026; USHY charges 0.08% to LQD's 0.14%.
askIQ about this page
askIQ about LQD and USHY
Net assets on Oct 27, 2026: $30.6bn for iShares iBoxx $ Investment Grade Corporate Bond ETF and $26.3bn for iShares Broad USD High Yield Corporate Bond ETF.
Pair scorecard
USHY costs 0.06 points a year less; their one-year returns differ by 5.1 points; LQD is 1.2 times larger.
| Measure | LQD | USHY |
|---|---|---|
| Return | ||
| Total return, 1 year | −3.4% | +1.7% |
| Drawdown | ||
| Below its high | 6.3%, high on Sep 22, 2021 | |
| Benchmark | ||
| What it tracks | Markit iBoxx USD Liquid Investment Grade Index | ICE BofA US High Yield Constrained Index |
| Cost and size | ||
| Expense ratio | 0.14% | 0.08% |
| Net assets, as of Oct 27, 2026 | $30.6bn | $26.3bn |
| Holdings | ||
| 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 USHY hold 0% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Aug 31, 2026.
half
0% in common
Only in one fund ↓
Side by side
LQD and USHY on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
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.
USHY
USHY tracks an index of Broad USD High Yield Corporate Bond. Over the year to Oct 28, 2026 it returned +1.7% with distributions reinvested, against +1.8% for its benchmark, the ICE BofA US High Yield Constrained Index, measured by the closely related ICE BofA US High Yield Index. The prospectus expense ratio is 0.08% a year.
Questions people ask
- Which returned more over the last year, LQD or USHY?
- In the year to Oct 28, 2026, with distributions reinvested, LQD returned −3.4% and USHY +1.7%.
- Which is cheaper, LQD or USHY?
- USHY is cheaper, by 0.06 percentage points a year. That is about $6 on $10,000 held for a year. Fees come from each fund's prospectus.
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 USHY, data as of Oct 28, 2026. https://etfiq.com/compare/any/lqd-vs-ushy
ETFIQ. (Oct 28, 2026). LQD against USHY. Retrieved from https://etfiq.com/compare/any/lqd-vs-ushy
[LQD against USHY (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/lqd-vs-ushy)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.