HYG vs LQD

iShares iBoxx High Yield Corporate Bond ETF vs iShares iBoxx Investment Grade Corporate Bond ETF

Quick take
  • LQD has the lower expense ratio at 0.14% vs 0.49% for HYG.
  • HYG pays a higher dividend yield (5.90%).

Side-by-side metrics

MetricHYGLQD
Expense ratio
Annual fee. Lower is better.
0.49%0.14%
Dividend yield
Trailing 12-month yield.
5.90%4.55%
AUM
Assets under management — bigger funds are typically more liquid.
$17.63B$33.11B
YTD return
1.76%-0.07%
1-year return
3-year return
Annualized.
5-year return
Annualized.
10-year return
Annualized.
Beta (3Y)
Volatility relative to the market. Closer to 1 = market-like.
0.661.34
P/E ratio
10.9832.66
Last price
$79.83$108.00
Inception
Issuer
iSharesiShares

HYG top holdings

Top holdings · HYG
XTSLABlackRock Cash Funds Treasury SL Agency0.84%
Sector breakdown · HYG
Real Estate0.4%
Utilities99.6%

LQD top holdings

Top holdings · LQD
XTSLABlackRock Cash Funds Treasury SL Agency0.91%

About HYG

HYG (iShares iBoxx High Yield Corporate Bond ETF) is US high-yield corporate bonds. Managed by iShares, the fund carries $17.6B in assets under management, an expense ratio of 0.49%, a dividend yield of 5.90%. Its largest holding is BlackRock Cash Funds Treasury SL Agency (XTSLA), which represents 0.8% of the portfolio. Real Estate is the fund's largest sector exposure at 0.4%.

About LQD

LQD (iShares iBoxx Investment Grade Corporate Bond ETF) is US investment-grade corporate bonds. Managed by iShares, the fund carries $33.1B in assets under management, an expense ratio of 0.14%, a dividend yield of 4.55%. Its largest holding is BlackRock Cash Funds Treasury SL Agency (XTSLA), which represents 0.9% of the portfolio.