Data as of Oct 28, 2026.

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LQD vs XOP: Differences, Returns & Fees

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Over the year to Oct 28, 2026, LQD returned −3.4% to XOP's +62.5%; 0% of their weight is in the same names.

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Net assets on Oct 27, 2026: $30.6bn for iShares iBoxx $ Investment Grade Corporate Bond ETF and $4.6bn for State Street SPDR S&P Oil & Gas Exploration & Production ETF.

At a glance
−3.4%
LQD total return, 1 year
+62.5%
XOP total return, 1 year
0.14%
LQD expense ratio
0.35%
XOP expense ratio

Pair scorecard

LQD costs 0.21 points a year less; their one-year returns differ by 65.9 points; LQD is 6.7 times larger.

LQD vs XOP: Differences, Returns & Fees
MeasureLQDXOP
Return
Total return, 1 year−3.4%+62.5%
Drawdown
Below its high6.3%, high on Sep 22, 202124.8%, high on Jun 23, 2014
Benchmark
What it tracksMarkit iBoxx USD Liquid Investment Grade IndexS&P Oil & Gas Exploration & Production Select Industry Index
Cost and size
Expense ratio0.14%0.35%
Net assets, as of Oct 27, 2026$30.6bn$4.6bn
Holdings
Holdings in common0%

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

What they share

0%

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

0 half 100%

half

0% in common

Positions both hold · largest shared weight first LQD XOP
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 XOP
RANGE RESOURCES CORP 3.48%
APA CORP 2.92%
MURPHY OIL CORP 2.89%
OVINTIV INC 2.85%
EOG RESOURCES INC 2.82%
EXXONMOBIL HOLDINGS CORP 2.82%
MARATHON PETROLEUM CORP 2.81%
CONOCOPHILLIPS 2.79%
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Side by side

LQD iShares iBoxx $ Investment Grade Corporate Bond ETF XOP State Street SPDR S&P Oil & Gas Exploration & Production ETF
Where it sits Bond ETF Stock ETF
What it is Tracks an index of US investment grade bonds Tracks the S&P Oil & Gas Exploration & Production
Total return, 1 year −3.4% +62.5%
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% 0.35%
Holdings 3191 52
Net assets, as of Oct 27, 2026 $30.6bn $4.6bn

LQD and XOP 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.

XOP

XOP tracks the S&P Oil & Gas Exploration & Production. Over the year to Oct 28, 2026 it returned +62.5% with distributions reinvested. The prospectus expense ratio is 0.35% a year. It sat 24.8% below its high of Jun 23, 2014 on Oct 28, 2026.

Questions people ask

Which returned more over the last year, LQD or XOP?
In the year to Oct 28, 2026, with distributions reinvested, LQD returned −3.4% and XOP +62.5%.
Which is cheaper, LQD or XOP?
LQD is cheaper, by 0.21 percentage points a year. That is about $21 on $10,000 held for a year. Fees come from each fund's prospectus.
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ETFIQ, LQD against XOP, data as of Oct 28, 2026. https://etfiq.com/compare/any/lqd-vs-xop

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