LQD vs USIG: Differences, Returns & Fees

On May 31, 2026 LQD's duration was 8.1 years and USIG's 6.4; USIG charges 0.04% to LQD's 0.14%. Net assets on Oct 9, 2026: $28.5bn for iShares iBoxx $ Investment Grade Corporate Bond ETF and $17.6bn for iShares Broad USD Investment Grade Corporate Bond ETF.

USIG costs 0.10 points a year less; their one-year returns differ by 1.8 points; LQD is 1.6 times larger.

LQD vs USIG: Differences, Returns & Fees
LQDUSIG
Expense ratio0.14%0.04%
Net assets$28.5bn$17.6bn
Total return, 1 year−3.4%−1.6%
What it tracksUS investment grade bondsICE BofA US Corporate Index
Holdings in common42%
Below its high7.8%, high on Sep 22, 20213.8%, high on Feb 23, 2026

Holdings in common uses holdings dated May 31, 2026.

−3.4%
LQD total return, 1 year
−1.6%
USIG total return, 1 year
0.14%
LQD expense ratio
0.04%
USIG expense ratio

What they hold in common

By the books each fund has filed, LQD and USIG hold 42% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated May 31, 2026.

half

42% in common

Positions both hold, largest shared weight first
Holding LQD USIG
Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide Inc, due Feb 1, 2046 0.20% 0.09%
CVS Health Corp, due Mar 25, 2048 0.17% 0.08%
T-Mobile USA Inc, due Apr 15, 2030 0.16% 0.07%
Meta Platforms Inc, due Nov 15, 2055 0.15% 0.06%
Goldman Sachs Group Inc/The, due Jan 21, 2047 0.08% 0.06%
Goldman Sachs Group Inc/The, due Oct 1, 2037 0.15% 0.06%
Goldman Sachs Group Inc/The, due Jan 21, 2032 0.09% 0.06%
Pfizer Investment Enterprises Pte Ltd, due May 19, 2053 0.15% 0.06%
Amazon.com Inc, due Mar 13, 2076 0.07% 0.06%
Boeing Co/The, due May 1, 2050 0.14% 0.06%
AbbVie Inc, due Nov 21, 2029 0.13% 0.06%
Wells Fargo & Co, due Apr 4, 2051 0.12% 0.06%
Only in LQD
Intercontinental Exchange Inc, due Sep 15, 2040 0.05%
Intercontinental Exchange Inc, due Jun 15, 2030 0.03%
Intercontinental Exchange Inc, due Mar 15, 2033 0.03%
Intercontinental Exchange Inc, due Sep 21, 2048 0.03%
Intercontinental Exchange Inc, due Jun 15, 2052 0.03%
Intercontinental Exchange Inc, due Sep 15, 2060 0.03%
Intercontinental Exchange Inc, due Sep 15, 2032 0.03%
Intercontinental Exchange Inc, due Jun 15, 2062 0.03%
Only in USIG
Bank of America Corp, due Dec 20, 2028 0.09%
Eagle Funding Luxco Sarl, due Aug 17, 2030 0.08%
Goldman Sachs Group Inc/The, due Jan 21, 2029 0.07%
CVS Health Corp, due Mar 25, 2028 0.06%
Mars Inc, due Mar 1, 2035 0.05%
Mars Inc, due May 1, 2055 0.05%
Wells Fargo & Co, due Jul 25, 2029 0.05%
Bank of America Corp, due Jan 24, 2029 0.04%

Check overlap with more funds →

On the same fields

LQD
iShares iBoxx $ Investment Grade Corporate Bond ETF
USIG
iShares Broad USD Investment Grade Corporate Bond ETF
Where it sits Bond ETF Bond ETF
What it is Tracks an index of US investment grade bonds Tracks an index
Total return, 1 year −3.4% −1.6%
Its benchmark over the same days not published −1.8% (CORP)
Gap to its benchmark not available +0.2 pts vs CORP
Expense ratio 0.14% 0.04%
Holdings 3167 11582
Net assets $28.5bn $17.6bn

LQD and USIG on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.

About LQD

LQD tracks an index of US investment grade bonds. Over the year to Oct 9, 2026 it returned −3.4% with distributions reinvested. The prospectus expense ratio is 0.14% a year. It sat 7.8% below its high of Sep 22, 2021 on Oct 9, 2026.

About USIG

USIG tracks an index. Over the year to Oct 9, 2026 it returned −1.6% with distributions reinvested, against −1.8% for its benchmark, the ICE BofA US Corporate Index. The prospectus expense ratio is 0.04% a year. It sat 3.8% below its high of Feb 23, 2026 on Oct 9, 2026.

Questions people ask

Which returned more over the last year, LQD or USIG?
In the year to Oct 9, 2026, with distributions reinvested, LQD returned −3.4% and USIG −1.6%.
Which is cheaper, LQD or USIG?
USIG 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
Where these figures came from

ETFIQ links to the documents behind every figure; a link is not an endorsement. 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 USIG, data as of Oct 9, 2026. https://etfiq.com/compare/any/lqd-vs-usig

Open data

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