LQD vs SCHD
LQD vs SCHD · Last updated April 5, 2026
| Metric | LQD | SCHD | |
|---|---|---|---|
| Price | $109.12 | $30.56 | — |
| Expense Ratio | 0.14% | 0.06% | SCHD |
| Dividend Yield | N/A | N/A | — |
| AUM | $32.0B | $85.9B | SCHD |
Performance Comparison
| Period | LQD | SCHD |
|---|---|---|
| 1M | -0.87% | -1.41% |
| 3M | -0.11% | +10.42% |
| 6M | +0.05% | +13.59% |
| YTD | +0.15% | +12.35% |
| 1Y | +4.94% | +25.56% |
| 3Y | N/A | N/A |
| 5Y | N/A | N/A |
Dividend Comparison
| Ex-Date | Ticker | Amount |
|---|---|---|
| April 1, 2026 | LQD | $0.45 |
| March 25, 2026 | SCHD | $0.26 |
| March 2, 2026 | LQD | $0.38 |
| February 2, 2026 | LQD | $0.41 |
| December 19, 2025 | LQD | $0.44 |
| December 10, 2025 | SCHD | $0.28 |
| December 1, 2025 | LQD | $0.41 |
| November 3, 2025 | LQD | $0.40 |
| October 1, 2025 | LQD | $0.41 |
| September 24, 2025 | SCHD | $0.26 |
| September 2, 2025 | LQD | $0.38 |
| August 1, 2025 | LQD | $0.44 |
| July 1, 2025 | LQD | $0.40 |
| June 25, 2025 | SCHD | $0.26 |
| June 2, 2025 | LQD | $0.40 |
| May 1, 2025 | LQD | $0.43 |
| March 26, 2025 | SCHD | $0.25 |
| December 11, 2024 | SCHD | $0.27 |
| September 25, 2024 | SCHD | $0.25 |
| June 26, 2024 | SCHD | $0.27 |
Key Differences
When choosing between LQD and SCHD, several key metrics help distinguish these two ETFs. The following analysis covers the most relevant data points.
On the cost front, SCHD (0.06% expense ratio) is more economical than LQD (0.14%). For a $100,000 investment, the annual fee difference is $80.00. Over decades, this cost advantage compounds meaningfully.
In terms of fund size, SCHD manages $85.9B compared to LQD's $32.0B. This size advantage typically means SCHD has better liquidity, making it easier to trade large positions without significant price impact.
The data above reflects the most recent available information. Market conditions change frequently, and investors should verify current figures before making decisions.
How to Compare LQD and SCHD
- If minimizing costs is a priority, compare the expense ratios: LQD charges 0.14% and SCHD charges 0.06%.
- 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 SCHD a better investment?
Whether LQD or SCHD is more suitable depends on your individual investment goals, risk tolerance, and time horizon. LQD and SCHD 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 SCHD?
SCHD has an expense ratio of 0.06%, while LQD charges 0.14%. On a $10,000 investment, this 0.08% difference costs approximately $8.00 per year.
Which fund is larger, LQD or SCHD?
SCHD has $85.9B 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 SCHD?
Both LQD and SCHD 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