IVV vs LQDI
iShares Core S&P 500 ETF vs iShares Inflation Hedged Corporate Bond ETF
Which is better, IVV or LQDI?
Large Cap Blend against Long Term Mid Quality.
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | IVV | LQDI |
|---|---|---|
| Expense Ratio | 0.03%Best | 0.18% |
| AUM | $882.6B | $66M |
| Dividend Yield | 1.06% | 4.69% |
| Holdings | 508 | 129 |
| YTD Return | +13.60%Best | -6.21% |
| 1Y Return | +16.32%Best | -7.21% |
| 3Y Return (annualized) | +23.81%Best | +4.32% |
| 5Y Return (annualized) | +14.03%Best | -0.60% |
| Volatility (annualized) | 16.5% | 9.1%Best |
| Max Drawdown | -33.9% | -29.0%Best |
| $10,000 over 5 years | $19,279Best | $9,704 |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) |
| Category | Equity | Fixed Income |
| Style | Large Cap Blend | Long Term Mid Quality |
| Inception | May 15, 2000 | May 8, 2018 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: May 14, 2018 to Oct 2, 2026 (8.4 years).
IVV vs LQDI growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 8.4 years both funds cover.
IVV vs LQDI Performance
iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US) and iShares Inflation Hedged Corporate Bond ETF (LQDI) is an ETF from iShares by BlackRock (US). Over the past year IVV returned +16.32% while LQDI returned -7.21%. Year to date, IVV is up 13.60% versus a loss of 6.21% for LQDI.
Over three years, IVV compounded at +23.81% per year against +4.32% for LQDI; over five years the annualized figures are +14.03% and -0.60% respectively. Across the full 8-year window we track, IVV has the edge at +14.20% annualized vs +3.11%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 16.5% compared with 9.1% for LQDI. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -33.9% for IVV and -29.0% for LQDI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.74. They usually move together, but the gap leaves some room for diversification.
Fees and Cost Over Time
IVV charges 0.03% per year while LQDI charges 0.18%. On a $10,000 position that is $3 vs $18 annually, a gap of $15 per year that compounds over a long holding period. On income, IVV currently yields 1.06% against 4.69% for LQDI.
Holdings Overlap
At least 0.2% of IVV's money is in holdings LQDI also owns.
Stated as a floor: for LQDI, our book for it covers 95.8% of that fund, so a holding it does not list is one we cannot count as shared. The real figure is this or higher.
We cannot see either book well enough to say how much of this pair is duplicated.
1 positions in common, counted across the 505 positions we hold weights for in IVV and 2 in LQDI, against full books of 508 and 129.
Top Shared Holdings
| Stock | Weight in IVV | Weight in LQDI | Difference |
|---|---|---|---|
| XTSLABlackrock Cash Funds: Treasury, Sl Agency Shares | 0.20% | 1.91% | 1.71% |
You are not choosing between two funds in isolation.
Whichever of IVV and LQDI you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IVV or LQDI?
IVV has an expense ratio of 0.03% while LQDI charges 0.18%. IVV is the cheaper option, by $15 a year on a $10,000 investment.
Which performed better, IVV or LQDI?
Over the past year IVV returned +16.32% vs -7.21% for LQDI, so IVV leads on 1-year performance. Over the longest common window we track (8 years), IVV annualized +14.20% vs +3.11% for LQDI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IVV or LQDI?
IVV has been the more volatile fund at 16.5% annualized versus 9.1% for LQDI. Worst drawdown: IVV -33.9% vs LQDI -29.0%.
Should I hold both IVV and LQDI?
IVV and LQDI have a monthly-return correlation of 0.74, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, IVV or LQDI?
IVV yields 1.06% while LQDI yields 4.69%, so LQDI currently pays the higher dividend yield.
Is LQDI better than IVV?
IVV has a lower expense ratio. IVV led over 1Y, 3Y, 5Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.