Data as of Oct 28, 2026.

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LQD vs VYM: Differences, Returns & Fees

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Over the year to Oct 28, 2026, LQD returned −3.4% to VYM's +18.0%; 0% of their weight is in the same names.

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Net assets: $30.6bn on Oct 27, 2026 for iShares iBoxx $ Investment Grade Corporate Bond ETF, and $78.9bn on Sep 30, 2026 for Vanguard High Dividend Yield ETF.

At a glance
−3.4%
LQD total return, 1 year
+18.0%
VYM total return, 1 year
0.14%
LQD expense ratio
0.04%
VYM expense ratio

Pair scorecard

VYM costs 0.10 points a year less; their one-year returns differ by 21.4 points; VYM is 2.8 times larger.

LQD vs VYM: Differences, Returns & Fees
MeasureLQDVYM
Return
Total return, 1 year−3.4%+18.0%
Drawdown
Below its high6.3%, high on Sep 22, 2021
Benchmark
What it tracksMarkit iBoxx USD Liquid Investment Grade IndexFTSE High Dividend Yield Index
Cost and size
Expense ratio0.14%0.04%
Net assets, as of Sep 30, 2026$28.3bn$78.9bn
Holdings
Holdings in common0%
In the S&P 500, by weight90%
Top ten holdings, share of the fund26.2%

Holdings in common uses holdings dated Sep 30, 2026 and Oct 27, 2026. Method

What they share

0%

By the books each fund has filed, LQD and VYM hold 0% of their money in the same securities at the same weight. Holdings dated Sep 30, 2026 and Oct 27, 2026.

0 half 100%

half

0% in common

Positions both hold · largest shared weight first LQD VYM
Only in one fund ↓
Only in LQD
ANHEUSER-BUSCH COMPANIES LLC 0.20%
CVS HEALTH CORP 0.17%
SPACE EXPLORATION TECHNOLOGIES COR 144A 0.16%
T-MOBILE USA INC 0.16%
AMAZON.COM INC 0.14%
BOEING CO 0.14%
CITIGROUP INC 0.14%
GOLDMAN SACHS GROUP INC 0.14%
Only in VYM
Broadcom Inc 6.93%
JPMorgan Chase & Co 3.75%
ExxonMobil Holdings Corp 2.84%
Johnson & Johnson 2.71%
AbbVie Inc 1.96%
Cisco Systems Inc 1.80%
Chevron Corp 1.61%
Caterpillar Inc 1.56%
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Side by side

LQD iShares iBoxx $ Investment Grade Corporate Bond ETF VYM Vanguard High Dividend Yield ETF
Where it sits Bond ETF Stock ETF
What it is Tracks an index of US investment grade bonds Tracks an index of US high dividend
Total return, 1 year −3.4% +18.0%
Its benchmark over the same days −1.2% (IUSB) not measured
Gap to its benchmark −2.2 pts vs IUSB not measured
Expense ratio 0.14% 0.04%
Holdings 3191 595
Net assets, LQD as of Oct 27, 2026 and VYM as of Sep 30, 2026 $30.6bn $78.9bn

LQD and VYM 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.

VYM

VYM tracks an index of US high dividend. Over the year to Oct 28, 2026 it returned +18.0% with distributions reinvested. The prospectus expense ratio is 0.04% a year. By its holdings published by its issuer as of Sep 30, 2026, 90% of the fund by weight is stocks the S&P 500 also holds, across 595 positions, with the top ten at 26.2%.

Questions people ask

Which returned more over the last year, LQD or VYM?
In the year to Oct 28, 2026, with distributions reinvested, LQD returned −3.4% and VYM +18.0%.
Which is cheaper, LQD or VYM?
VYM 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.
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ETFIQ, LQD against VYM, data as of Oct 28, 2026. https://etfiq.com/compare/any/lqd-vs-vym

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