Data as of Oct 28, 2026.

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LQD vs VGLT: Differences, Returns & Fees

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LQD's duration was 7.7 years on Aug 31, 2026 and VGLT's 13.5 on May 31, 2026; VGLT charges 0.03% to LQD's 0.14%.

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Net assets: $30.6bn on Oct 27, 2026 for iShares iBoxx $ Investment Grade Corporate Bond ETF, and $10.4bn on Sep 30, 2026 for Vanguard Long-Term Treasury ETF.

At a glance
−3.4%
LQD total return, 1 year
−6.7%
VGLT total return, 1 year
0.14%
LQD expense ratio
0.03%
VGLT expense ratio

Pair scorecard

VGLT costs 0.11 points a year less; their one-year returns differ by 3.3 points; LQD is 2.7 times larger.

LQD vs VGLT: Differences, Returns & Fees
MeasureLQDVGLT
Return
Total return, 1 year−3.4%−6.7%
Drawdown
Below its high6.3%, high on Sep 22, 202138.8%, high on Aug 4, 2020
Benchmark
What it tracksMarkit iBoxx USD Liquid Investment Grade IndexBloomberg U.S. Long Treasury Index
Cost and size
Expense ratio0.14%0.03%
Net assets, as of Sep 30, 2026$28.3bn$10.4bn
Holdings
Holdings in common0%

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

What they share

0%

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

0 half 100%

half

0% in common

Positions both hold · largest shared weight first LQD VGLT
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 VGLT
US TREASURY N/B, due Feb 15, 2056 2.22%
US TREASURY N/B, due Aug 15, 2055 2.21%
US TREASURY N/B, due May 15, 2055 2.21%
US TREASURY N/B, due May 15, 2054 2.17%
US TREASURY N/B, due Feb 15, 2055 2.17%
US TREASURY N/B, due Nov 15, 2055 2.17%
US TREASURY N/B, due Nov 15, 2053 2.14%
US TREASURY N/B, due Nov 15, 2054 2.13%
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Side by side

LQD iShares iBoxx $ Investment Grade Corporate Bond ETF VGLT Vanguard Long-Term Treasury ETF
Where it sits Bond ETF Bond ETF
What it is Tracks an index of US investment grade bonds Tracks an index of Long-term Treasury
Total return, 1 year −3.4% −6.7%
Its benchmark over the same days −1.2% (IUSB) −6.7% (SCHQ)
Gap to its benchmark −2.2 pts vs IUSB 0.0 pts vs SCHQ
Expense ratio 0.14% 0.03%
Holdings 3191 102
Net assets, LQD as of Oct 27, 2026 and VGLT as of Sep 30, 2026 $30.6bn $10.4bn

LQD and VGLT on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

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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.

VGLT

VGLT tracks an index of Long-term Treasury. Over the year to Oct 28, 2026 it returned −6.7% with distributions reinvested, against −6.7% for its benchmark, the Bloomberg U.S. Long Treasury Index. The prospectus expense ratio is 0.03% a year. It sat 38.8% below its high of Aug 4, 2020 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, LQD or VGLT?
In the year to Oct 28, 2026, with distributions reinvested, LQD returned −3.4% and VGLT −6.7%.
Which is cheaper, LQD or VGLT?
VGLT is cheaper, by 0.11 percentage points a year. That is about $11 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, LQD against VGLT, data as of Oct 28, 2026. https://etfiq.com/compare/any/lqd-vs-vglt

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