USIG vs LQD: Holdings Overlap
USIGiShares Broad USD Investment Grade Corporate Bond ETF
iShares · 11458 holdings · $17.3B · as of 2026-05-31
LQDiShares iBoxx $ Investment Grade Corporate Bond ETF
iShares · 3135 holdings · $32.4B · as of 2026-05-31
How similar are USIG and LQD?
iShares Broad USD Investment Grade Corporate Bond ETF (USIG, by iShares) holds 11458 positions; iShares iBoxx $ Investment Grade Corporate Bond ETF (LQD, by iShares) holds 3135. They have 3122 holdings in common, and by portfolio weight the two funds are 42.4% identical. In practical terms the pair is moderately overlapping; they share a meaningful core, but each fund adds distinct exposure.
- Overlap by Weight
- 42.4%Sum of the smaller weight of each shared holding
- Shared Holdings
- 3122USIG holds 11458 · LQD holds 3135
- Weight in Shared Holdings
- USIG 43%·LQD 98%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 USIG
8336 of 11458 positions (56.4% of the fund) are not held by LQD. Showing the top 30 by weight.
- Bank of America Corp0.09%
- Eagle Funding Luxco Sarl0.08%
- Goldman Sachs Group Inc/The0.07%
- CVS Health Corp0.06%
- Mars Inc0.05%
- Mars Inc0.05%
Only in LQD
13 of 3135 positions (0.3% of the fund) are not held by USIG.
- Intercontinental Exchange Inc0.05%
- Intercontinental Exchange Inc0.03%
- Intercontinental Exchange Inc0.03%
- Intercontinental Exchange Inc0.03%
- Intercontinental Exchange Inc0.03%
- Intercontinental Exchange Inc0.03%
Performance
| Fund | 1M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) | 10Y (ann.) | Yield |
|---|---|---|---|---|---|---|---|
| USIG | -0.4% | +0.1% | +2.6% | +5.4% | +0.2% | +2.4% | 4.82% |
| LQD | -0.8% | -0.7% | +1.6% | +4.9% | -0.7% | +2.2% | 4.65% |
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 USIG vs LQD →
Shared Holdings(3122)
The top 10 shared positions account for 2% of the overlap, led by Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide Inc, CVS Health Corp and T-Mobile USA Inc.
| Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide Inc | 0.09% | 0.20% | 0.09% |
|---|---|---|---|
| CVS Health Corp | 0.08% | 0.17% | 0.08% |
| T-Mobile USA Inc | 0.07% | 0.16% | 0.07% |
| Meta Platforms Inc | 0.06% | 0.15% | 0.06% |
| Goldman Sachs Group Inc/The | 0.06% | 0.08% | 0.06% |
| Goldman Sachs Group Inc/The | 0.06% | 0.15% | 0.06% |
| Goldman Sachs Group Inc/The | 0.06% | 0.09% | 0.06% |
| Pfizer Investment Enterprises Pte Ltd | 0.06% | 0.15% | 0.06% |
| Amazon.com Inc | 0.06% | 0.07% | 0.06% |
| Boeing Co/The | 0.06% | 0.14% | 0.06% |
| AbbVie Inc | 0.06% | 0.13% | 0.06% |
| AT&T Inc | 0.06% | 0.13% | 0.06% |
| Wells Fargo & Co | 0.06% | 0.12% | 0.06% |
| Bank of America Corp | 0.06% | 0.14% | 0.06% |
| Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide Inc | 0.06% | 0.12% | 0.06% |
| Pfizer Investment Enterprises Pte Ltd | 0.05% | 0.12% | 0.05% |
| JPMorgan Chase & Co | 0.05% | 0.11% | 0.05% |
| CVS Health Corp | 0.05% | 0.12% | 0.05% |
| Bank of America Corp | 0.05% | 0.12% | 0.05% |
| AT&T Inc | 0.05% | 0.13% | 0.05% |
| Bank of America Corp | 0.05% | 0.12% | 0.05% |
| Boeing Co/The | 0.05% | 0.09% | 0.05% |
| Bank of America Corp | 0.05% | 0.12% | 0.05% |
| AbbVie Inc | 0.05% | 0.11% | 0.05% |
| JPMorgan Chase & Co | 0.05% | 0.10% | 0.05% |
Showing the top 250 of 3122 shared holdings by overlap weight.
Frequently Asked Questions
How much do USIG and LQD overlap?
USIG and LQD overlap by 42.4% of portfolio weight. They share 3122 holdings (USIG holds 11458 positions and LQD holds 3135), based on each fund's latest SEC-reported holdings.
Is it redundant to own both USIG and LQD?
The two portfolios are 42.4% identical by weight. Owning both is defensible: they share a meaningful core, but each fund adds exposure the other lacks.
What are the biggest shared holdings of USIG and LQD?
The largest positions held by both funds are Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide Inc, CVS Health Corp, T-Mobile USA Inc, Meta Platforms Inc and Goldman Sachs Group Inc/The. Together the top 10 shared positions account for 2% of the total overlap.
What does USIG own that LQD doesn't?
8336 positions (56.4% of USIG) are unique to USIG, led by Bank of America Corp, Eagle Funding Luxco Sarl and Goldman Sachs Group Inc/The. In the other direction, 13 positions (0.3% of LQD) are unique to LQD.