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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 VTEB: how they differ

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

iShares iBoxx $ Investment Grade Corporate Bond ETF and Vanguard Tax-Exempt Bond Index Fund.

What they hold in common

By the books each fund has filed, LQD and VTEB 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 LQDOnly in VTEB
BLK CSH FND TREASURY SL AGENCY 0.88%University of California 0.12%
ANHEUSER-BUSCH COMPANIES LLC 0.12%Triborough Bridge & Tunnel Authority 0.12%
DEUTSCHE TELEKOM INTERNATIONAL FIN 0.11%Colorado State Education Loan Program 0.11%
CHARTER COMMUNICATIONS OPERATING L 144A 0.10%State of California 0.11%
JPMORGAN CHASE & CO MTN 0.09%New York City Transitional Finance Autho 0.09%
BRITISH TELECOMMUNICATIONS PLC 0.08%Dallas Independent School District 0.09%
MORGAN STANLEY (FXD-FRN) MTN 0.08%New York State Dormitory Authority 0.09%
CITIGROUP INC (FX-FRN) 0.07%Ohio Water Development Authority Water P 0.09%

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 Apr 30, 2026 and Sep 10, 2026.

LQD and VTEB on the fields both publish, as of Sep 13, 2026. Source: ETFIQ.
LQD
iShares iBoxx $ Investment Grade Corporate Bond ETF
VTEB
Vanguard Tax-Exempt Bond Index Fund
Where it sitsCore index fundCore index fund
IssueriSharesVanguard
What it isUS investment grade bondsTax-Exempt Bond
Total return, 1 year−2.7%+0.2%
S&P 500 over the same days+17.5%+17.5%
Gap to the S&P 500−20.2 pts−17.3 pts
Expense ratio0.14%0.03%
Holdings314910185

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.

VTEB in plain words

VTEB is a bond fund tracking the Tax-Exempt Bond. Over the year to Sep 11, 2026 it returned +0.2% with distributions reinvested, against +17.5% for the S&P 500 and +23.0% for the Nasdaq-100. The prospectus expense ratio is 0.03% a year. It sat 3.6% below its high of Jul 6, 2026 on Sep 11, 2026.

Questions people ask

Which returned more over the last year, LQD or VTEB?
In the year to Sep 13, 2026, with distributions reinvested, LQD returned −2.7% and VTEB returned +0.2%, so VTEB returned more. One year is one year; the longer windows are in the table.
Which is cheaper, LQD or VTEB?
LQD charges 0.14% a year and VTEB charges 0.03%, so VTEB 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 VTEB, 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 VTEB, data as of Sep 13, 2026. https://etfiq.com/compare/any/lqd-vs-vteb Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources