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ETF comparison

LQD vs SPLB

Both US Corporate Bond.

iShares iBoxx $ Investment Grade Corporate Bond ETF · State Street SPDR Portfolio Long Term Corporate Bond ETF

Holdings overlap

Weighted by ISIN/CUSIP
36.0 %

1,241 positions appear in both funds. Buying equal dollars of LQD and SPLB would leave roughly 36.0% of each dollar exposed to the same underlying securities.

LQD unmatched 62.1% Shared 36.0% SPLB unmatched 62.7%

Unmatched is the part of a fund's weight the other fund doesn't match: names only it holds, plus any extra weight it puts in names both funds hold.

In LQD only
1,894 positions
Shared
1,241 positions
In SPLB only
1,698 positions

Side by side

LQD

iShares iBoxx $ Investment Grade Corporate Bond ETF

iShares · US Corporate Bond

85 composite / 100
Expense ratio
0.14%
Net assets
$28.27B
TTM yield
4.86%
Top-10 conc.
1.6%
SPLB

State Street SPDR Portfolio Long Term Corporate Bond ETF

State Street · US Corporate Bond

78 composite / 100
Expense ratio
0.040%
Net assets
$1.18B
TTM yield
5.77%
Top-10 conc.
2.9%

Sub-score comparison

86
Cost
96
51
Tax efficiency
49
100
Liquidity
60
100
Concentration
100
—
Tracking quality
—
LQD sub-score SPLB

Tracking quality isn't part of the composite — see what we don't score for why.

Cost difference

SPLB is 10 bps cheaper than LQD. On a $100,000 position that's about $100/yr more in fees for LQD.

Fee figure is the annual expense charged on $100,000. To see how the gap compounds over a multi-decade holding period, open the cost calculator pre-filled with LQD vs SPLB.

Top shared holdings

1,241 shared in total
# Holding In LQD In SPLB Overlap
1 ANHEUSER-BUSCH CO/INBEV 0.20% 0.35% 0.20%
2 CVS HEALTH CORP 0.17% 0.34% 0.17%
3 PFIZER INVESTMENT ENTER 0.15% 0.26% 0.15%
4 META PLATFORMS INC 0.15% 0.26% 0.15%
5 GOLDMAN SACHS GROUP INC 0.15% 0.18% 0.15%
6 BOEING CO 0.14% 0.25% 0.14%
7 AMAZON.COM INC 0.14% 0.15% 0.14%
8 AT&T INC 0.13% 0.18% 0.13%
9 AT&T INC 0.13% 0.19% 0.13%
10 ORACLE CORP 0.13% 0.13% 0.13%
11 WELLS FARGO & COMPANY 0.12% 0.23% 0.12%
12 CVS HEALTH CORP 0.12% 0.16% 0.12%

Only in LQD

1,894 total
  • T-MOBILE USA INC 0.16%
  • META PLATFORMS INC 0.16%
  • AMAZON.COM INC 0.15%
  • BANK OF AMERICA CORP 0.14%
  • BANK OF AMERICA CORP 0.13%
  • ABBVIE INC 0.13%
  • AMAZON.COM INC 0.13%
  • PFIZER INVESTMENT ENTER 0.12%
  • BANK OF AMERICA CORP 0.12%
  • ANHEUSER-BUSCH CO/INBEV 0.12%

Only in SPLB

1,698 total
  • SPACE EXPLORATION TECH 0.24%
  • NVIDIA CORP 0.16%
  • SPACE EXPLORATION TECH 0.16%
  • WALMART INC 0.14%
  • VODAFONE GROUP PLC 0.14%
  • ENTERGY MISSISSIPPI LLC 0.12%
  • DELL INT LLC / EMC CORP 0.11%
  • BANK OF AMERICA CORP 0.10%
  • AMERICA MOVIL SAB DE CV 0.10%
  • MIZUHO FINANCIAL GROUP 0.10%

Percentages are holdings overlap with the named fund.

Open LQD or SPLB at a brokerage

Both funds trade commission-free at major US brokerages.

Affiliate links — opening an account through these earns PlainIndex a one-time referral. Scoring is computed before any affiliate consideration; see our methodology and funding disclosure.

Holdings overlap is the sum of min(weight_a, weight_b) over positions matched on ISIN (CUSIP fallback). Methodology: see /methodology/.

Comparing two funds doesn't endorse swapping one for the other. Tax-lot history, account type, and personal goals matter — PlainIndex publishes data and methodology, not investment advice.