LQD vs SPIB
iShares iBoxx $ Investment Grade Corporate Bond ETF compared with State Street SPDR Portfolio Intermediate Term Corporate Bond ETF on yield, payout growth, payment schedule, cost and risk.
LQD
iShares iBoxx $ Investment Grade Corporate Bond ETF
TTM yield · Monthly
SPIB
State Street SPDR Portfolio Intermediate Term Corporate Bond ETF
TTM yield · Monthly
Quick take
- LQD yields more today: 4.76% vs 4.54% (forward).
- SPIB has grown its payout faster: 19.4%/yr vs 9.6%/yr over the last 5 years.
- Both pay every month.
- Over the last year SPIB delivered the higher total return: +1.8% vs +0.6% (price change plus payouts).
- SPIB is cheaper to own: 0.04% vs 0.14% expense ratio.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | LQD | SPIB |
|---|---|---|
| Share price | $105.48 | $32.89 |
| TTM yield | 4.76% | 4.54% |
| Forward yield | 4.76% | 4.54% |
| Annual payout per share | $5.016 | $1.493 |
| Payment frequency | Monthly | Monthly |
| Next ex-date | Oct 1, 2026 (est.) | Oct 1, 2026 (est.) |
| Expense ratio | 0.14% | 0.04% |
| 1-year payout growth | +3.6% | +0.7% |
| 5-year payout CAGR | +9.6% | +19.4% |
| Consecutive years of increases | 1 year | 1 year |
| Payout consistency (last 12) | 94/100 | 98/100 |
| 1-year total return | +0.6% | +1.8% |
| 1-year price return | -3.9% | -2.6% |
| Size (market cap / AUM) | 32.0B | 11.6B |
| Years paying | 24.0 | 17.5 |
| Sector / category | Corporate Bond | Corporate Bond |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| LQD | SPIB | |
|---|---|---|
| Shares | 94.8 | 304.0 |
| Income per year | $476 | $454 |
| Income per month (avg) | $40 | $38 |
At forward yields, before taxes. Model LQD · Model SPIB
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| LQD Oct 1, 2026 | Oct 15, 2026 | $0.418 | Est. |
| LQD Oct 31, 2026 | Nov 14, 2026 | $0.418 | Est. |
| LQD Nov 30, 2026 | Dec 14, 2026 | $0.418 | Est. |
| SPIB Oct 1, 2026 | Oct 15, 2026 | $0.1244 | Est. |
| SPIB Oct 31, 2026 | Nov 14, 2026 | $0.1244 | Est. |
| SPIB Nov 30, 2026 | Dec 14, 2026 | $0.1244 | Est. |
Annual payouts per share
LQDSPIB
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, LQD or SPIB?
LQD currently has the higher trailing yield: LQD yields 4.76% and SPIB yields 4.54%. Yield changes daily with price, so check the live figures above.
How often do LQD and SPIB pay?
LQD pays every month and SPIB pays every month. LQD's next ex-date is Oct 1, 2026 and SPIB's is Oct 1, 2026.
Which has grown its dividend faster, LQD or SPIB?
SPIB has grown its payout faster: 19.4%/yr vs 9.6%/yr over the last 5 years.
Is LQD or SPIB better for income?
It depends on what you are optimising for. LQD and SPIB differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.