LQD vs SPY: Holdings Overlap
LQDiShares iBoxx $ Investment Grade Corporate Bond ETF
iShares · 3135 holdings · $32.4B · as of 2026-05-31
SPYState Street® SPDR® S&P 500® ETF Trust
State Street (SPDR) · 504 holdings · $812.0B · as of 2026-08-06
Holdings snapshots are 67 days apart (LQD: 2026-05-31, SPY: 2026-08-06). Weights and index membership change between snapshots, so the true current overlap is typically higher than shown. For funds tracking the same index, the gap can be 5–15 points.
How similar are LQD and SPY?
iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD, by iShares) holds 3135 positions; State Street® SPDR® S&P 500® ETF Trust (SPY, by State Street (SPDR)) holds 504. They have 0 holdings in common, and by portfolio weight the two funds are 0.0% identical. In practical terms the pair is essentially distinct, holding almost none of the same securities.
- Overlap by Weight
- 0.0%Sum of the smaller weight of each shared holding
- Shared Holdings
- 0LQD holds 3135 · SPY holds 504
- Weight in Shared Holdings
- LQD 0%·SPY 0%Share of each fund's weight in stocks both funds own
Based on each fund's latest official holdings. How is this calculated?
What makes each fund different
Only in LQD
3135 of 3135 positions (98.1% of the fund) are not held by SPY. Showing the top 30 by weight.
- Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide Inc0.20%
- CVS Health Corp0.17%
- T-Mobile USA Inc0.16%
- Meta Platforms Inc0.16%
- Amazon.com Inc0.15%
- Pfizer Investment Enterprises Pte Ltd0.15%
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| LQD | -0.8% | -0.7% | +1.6% | +4.9% | -0.7% | +2.2% | 4.65% |
| SPY | +3.4% | +14.0% | +23.7% | +21.2% | +13.3% | +15.3% | 0.97% |
Total returns including dividends, from adjusted daily closes as of 2026-08-07. 3Y/5Y/10Y are annualized. Yield is trailing-12-month distributions over the last close. Past performance does not predict future results.
Project the growth of $10,000 in LQD vs SPY →
Shared Holdings(0)
These two funds have no holdings in common.
Frequently Asked Questions
How much do LQD and SPY overlap?
LQD and SPY overlap by 0.0% of portfolio weight. They share 0 holdings (LQD holds 3135 positions and SPY holds 504), based on each fund's latest SEC-reported holdings.
Is it redundant to own both LQD and SPY?
The two portfolios are 0.0% identical by weight. Owning both is genuine diversification: the funds hold almost none of the same securities.
What does LQD own that SPY doesn't?
3135 positions (98.1% of LQD) are unique to LQD, led by Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide Inc, CVS Health Corp and T-Mobile USA Inc. In the other direction, 504 positions (99.9% of SPY) are unique to SPY.