LQD vs XLB

iShares iBoxx Investment Grade Corporate Bond ETF vs Materials Select Sector SPDR

Quick take
  • XLB has the lower expense ratio at 0.08% vs 0.14% for LQD.
  • LQD pays a higher dividend yield (4.55%).

Side-by-side metrics

MetricLQDXLB
Expense ratio
Annual fee. Lower is better.
0.14%0.08%
Dividend yield
Trailing 12-month yield.
4.55%1.70%
AUM
Assets under management — bigger funds are typically more liquid.
$30.92B$7.31B
YTD return
0.60%16.07%
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.
1.340.95
P/E ratio
32.8825.96
Last price
$108.74$51.40
Inception
Issuer
iSharesState Street

LQD top holdings

Top holdings · LQD
XTSLABlackRock Cash Funds Treasury SL Agency0.76%

XLB top holdings

Top holdings · XLB
LINLinde PLC14.14%
NEMNewmont Corp7.33%
NUENucor Corp5.68%
FCXFreeport-McMoRan Inc5.02%
CRHCRH PLC4.93%
VMCVulcan Materials Co4.85%
APDAir Products and Chemicals Inc4.68%
MLMMartin Marietta Materials Inc4.49%
SHWSherwin-Williams Co4.48%
CTVACorteva Inc4.46%
Sector breakdown · XLB
Consumer Cyclical12.4%
Basic Materials87.6%

About LQD

LQD (iShares iBoxx Investment Grade Corporate Bond ETF) is US investment-grade corporate bonds. Managed by iShares, the fund carries $30.9B 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 0.8% of the portfolio.

About XLB

XLB (Materials Select Sector SPDR) is S&P 500 materials sector. Managed by State Street, the fund carries $7.3B in assets under management, an expense ratio of 0.08%, a dividend yield of 1.70%. Its largest holding is Linde PLC (LIN), which represents 14.1% of the portfolio. Consumer Cyclical is the fund's largest sector exposure at 12.4%.