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ETF comparison

LQD vs VCLT

Both US Corporate Bond.

iShares iBoxx $ Investment Grade Corporate Bond ETF · Vanguard Long-Term Corporate Bond Index Fund ETF Shares

Holdings overlap

Weighted by ISIN/CUSIP
32.5 %

1,188 positions appear in both funds. Buying equal dollars of LQD and VCLT would leave roughly 32.5% of each dollar exposed to the same underlying securities.

LQD only 73.9% Shared 32.5% VCLT only 66.1%
In LQD only
1,905 positions
Shared
1,188 positions
In VCLT only
1,384 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
$33.11B
TTM yield
4.59%
Top-10 conc.
9.6%
VCLT

Vanguard Long-Term Corporate Bond Index Fund ETF Shares

Vanguard · US Corporate Bond

89 composite / 100
Expense ratio
0.030%
Net assets
$10.06B
TTM yield
5.65%
Top-10 conc.
3.4%

Sub-score comparison

86
Cost
97
51
Tax efficiency
49
100
Liquidity
100
100
Concentration
100
—
Tracking quality
—
LQD sub-score VCLT

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

Cost difference

VCLT is 11 bps cheaper than LQD. On a $100,000 position that's about $110/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 VCLT.

Top shared holdings

1,188 shared in total
# Holding In LQD In VCLT Overlap
1 ANHEUSER-BUSCH CO/INBEV 0.20% 0.38% 0.20%
2 CVS HEALTH CORP 0.17% 0.33% 0.17%
3 META PLATFORMS INC 0.14% 0.24% 0.14%
4 GOLDMAN SACHS GROUP INC 0.14% 0.25% 0.14%
5 GOLDMAN SACHS GROUP INC 0.15% 0.13% 0.13%
6 AT&T INC 0.13% 0.24% 0.13%
7 PFIZER INVESTMENT ENTER 0.13% 0.22% 0.13%
8 AT&T INC 0.13% 0.26% 0.13%
9 WELLS FARGO & COMPANY 0.13% 0.24% 0.13%
10 BOEING CO 0.12% 0.26% 0.12%
11 ABBVIE INC 0.12% 0.22% 0.12%
12 META PLATFORMS INC 0.12% 0.22% 0.12%

Only in LQD

1,905 total
  • BlackRock Funds III 8.20%
  • GOLDMAN SACHS GROUP INC 0.17%
  • T-MOBILE USA INC 0.15%
  • ABBVIE INC 0.15%
  • BANK OF AMERICA CORP 0.14%
  • BANK OF AMERICA CORP 0.13%
  • ANHEUSER-BUSCH CO/INBEV 0.13%
  • WELLS FARGO & COMPANY 0.13%
  • JPMORGAN CHASE & CO 0.12%
  • BANK OF AMERICA CORP 0.12%

Only in VCLT

1,384 total
  • United States Treasury Note/Bond 0.56%
  • America Movil SAB de CV 0.13%
  • Goldman Sachs Group Inc/The 0.12%
  • Barclays PLC 0.11%
  • Sumitomo Mitsui Financial Group Inc 0.11%
  • Alibaba Group Holding Ltd 0.10%
  • Cheniere Corpus Christi Holdings LLC 0.10%
  • PPL Electric Utilities Corp 0.09%
  • BlackRock Funding Inc 0.08%
  • HSBC Holdings PLC 0.08%

Open LQD or VCLT at a brokerage

Both funds trade commission-free at major US brokerages.

Open at Fidelity

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.