LQD vs MDY
LQD vs MDY · Last updated April 5, 2026
| Metric | LQD | MDY | |
|---|---|---|---|
| Price | $109.12 | $622.40 | — |
| Expense Ratio | 0.14% | 0.23% | LQD |
| Dividend Yield | N/A | N/A | — |
| AUM | $32.0B | $25.6B | LQD |
Performance Comparison
| Period | LQD | MDY |
|---|---|---|
| 1M | -0.87% | -2.20% |
| 3M | -0.11% | +0.74% |
| 6M | +0.05% | +4.25% |
| YTD | +0.15% | +3.42% |
| 1Y | +4.94% | +30.22% |
| 3Y | N/A | N/A |
| 5Y | N/A | N/A |
Dividend Comparison
| Ex-Date | Ticker | Amount |
|---|---|---|
| April 1, 2026 | LQD | $0.45 |
| March 20, 2026 | MDY | $1.52 |
| March 2, 2026 | LQD | $0.38 |
| February 2, 2026 | LQD | $0.41 |
| December 19, 2025 | LQD | $0.44 |
| December 19, 2025 | MDY | $2.18 |
| December 1, 2025 | LQD | $0.41 |
| November 3, 2025 | LQD | $0.40 |
| October 1, 2025 | LQD | $0.41 |
| September 19, 2025 | MDY | $1.62 |
| September 2, 2025 | LQD | $0.38 |
| August 1, 2025 | LQD | $0.44 |
| July 1, 2025 | LQD | $0.40 |
| June 20, 2025 | MDY | $1.80 |
| June 2, 2025 | LQD | $0.40 |
| May 1, 2025 | LQD | $0.43 |
| March 21, 2025 | MDY | $1.31 |
| December 20, 2024 | MDY | $2.08 |
| September 20, 2024 | MDY | $1.65 |
| June 21, 2024 | MDY | $2.00 |
Key Differences
LQD (LQD) and MDY (MDY) are both popular exchange-traded funds that investors frequently compare. Here is how they differ based on the latest available data.
On the cost front, LQD (0.14% expense ratio) is more economical than MDY (0.23%). For a $100,000 investment, the annual fee difference is $90.00. Over decades, this cost advantage compounds meaningfully.
In terms of fund size, LQD manages $32.0B compared to MDY's $25.6B. This size advantage typically means LQD has better liquidity, making it easier to trade large positions without significant price impact.
These metrics provide a quantitative foundation for comparing LQD and MDY. Individual investment suitability depends on personal financial circumstances, goals, and risk tolerance.
How to Compare LQD and MDY
- If minimizing costs is a priority, compare the expense ratios: LQD charges 0.14% and MDY charges 0.23%.
- For liquidity, larger funds with higher AUM typically have tighter bid-ask spreads and more efficient trading.
- Review historical performance across different time periods (1-month to 5-year) to understand how each has performed in various market conditions.
Frequently Asked Questions
Is LQD or MDY a better investment?
Whether LQD or MDY is more suitable depends on your individual investment goals, risk tolerance, and time horizon. LQD and MDY differ in key metrics like expense ratio, dividend yield, and assets under management. This page provides objective data to help you compare the two.
What is the expense ratio difference between LQD and MDY?
LQD has an expense ratio of 0.14%, while MDY charges 0.23%. On a $10,000 investment, this 0.09% difference costs approximately $9.00 per year.
Which fund is larger, LQD or MDY?
LQD has $32.0B in assets under management, making it the larger fund. Larger funds tend to have better liquidity and tighter bid-ask spreads.
What are the risks of investing in LQD vs MDY?
Both LQD and MDY carry market risk — their values can decline during market downturns. Past performance does not guarantee future results. Consider factors like volatility, sector concentration, and your own risk tolerance when evaluating either investment.
See how expense ratio differences affect your returns over time → Expense Ratio Calculator