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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 Index ETF

Holdings overlap

Weighted by ISIN/CUSIP
34.3 %

1,227 positions appear in both funds. Buying equal dollars of LQD and SPLB would leave roughly 34.3% of each dollar exposed to the same underlying securities.

LQD unmatched 63.3% Shared 34.3% SPLB unmatched 64.4%

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
1,938 positions
Shared
1,227 positions
In SPLB only
1,712 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
$32.00B
TTM yield
4.47%
Top-10 conc.
1.6%
SPLB

State Street SPDR Portfolio Long Term Corporate Bond Index ETF

State Street · US Corporate Bond

78 composite / 100
Expense ratio
0.040%
Net assets
$1.19B
TTM yield
5.30%
Top-10 conc.
2.9%

Sub-score comparison

86
Cost
96
52
Tax efficiency
50
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

1,227 shared in total
# Holding In LQD In SPLB Overlap
1 ANHEUSER-BUSCH CO/INBEV 0.18% 0.35% 0.18%
2 CVS HEALTH CORP 0.17% 0.34% 0.17%
3 GOLDMAN SACHS GROUP INC 0.14% 0.18% 0.14%
4 PFIZER INVESTMENT ENTER 0.14% 0.26% 0.14%
5 META PLATFORMS INC 0.14% 0.28% 0.14%
6 BOEING CO 0.14% 0.25% 0.14%
7 META PLATFORMS INC 0.13% 0.26% 0.13%
8 AMAZON.COM INC 0.13% 0.15% 0.13%
9 WELLS FARGO & COMPANY 0.12% 0.23% 0.12%
10 AT&T INC 0.11% 0.19% 0.11%
11 ABBVIE INC 0.11% 0.22% 0.11%
12 AT&T INC 0.11% 0.18% 0.11%

Only in LQD

1,938 total
  • T-MOBILE USA INC 0.17%
  • SPACE EXPLORATION TECH 0.17%
  • META PLATFORMS INC 0.16%
  • CHARTER COMM OPT LLC/CAP 0.15%
  • CHARTER COMM OPT LLC/CAP 0.15%
  • AMAZON.COM INC 0.14%
  • SPACE EXPLORATION TECH 0.14%
  • META PLATFORMS INC 0.14%
  • AMAZON.COM INC 0.14%
  • SPACE EXPLORATION TECH 0.14%

Only in SPLB

1,712 total
  • HONEYWELL AEROSPACE INC 0.15%
  • WALMART INC 0.14%
  • ENTERGY MISSISSIPPI LLC 0.12%
  • BANK OF AMERICA CORP 0.10%
  • AMERICA MOVIL SAB DE CV 0.10%
  • SHELL FINANCE US INC 0.10%
  • TRANSCONT GAS PIPE LINE 0.10%
  • VALE OVERSEAS LIMITED 0.09%
  • CUMBERLAND COMB CYCLE GE 0.09%
  • BELL CANADA 0.09%

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.