LQD vs SCHI
iShares iBoxx $ Investment Grade Corporate Bond ETF compared with Schwab 5-10 Year Corporate Bond ETF on yield, payout growth, payment schedule, cost and risk.
LQD
iShares iBoxx $ Investment Grade Corporate Bond ETF
TTM yield · Monthly
SCHI
Schwab 5-10 Year Corporate Bond ETF
TTM yield · Monthly
Quick take
- SCHI yields more today: 5.15% vs 4.76% (forward).
- SCHI has grown its payout faster: 16.7%/yr vs 9.6%/yr over the last 5 years.
- Both pay every month.
- Over the last year SCHI delivered the higher total return: +1.3% vs +0.6% (price change plus payouts).
- SCHI is cheaper to own: 0.03% vs 0.14% expense ratio.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | LQD | SCHI |
|---|---|---|
| Share price | $105.48 | $22.04 |
| TTM yield | 4.76% | 5.15% |
| Forward yield | 4.76% | 5.15% |
| Annual payout per share | $5.016 | $1.136 |
| Payment frequency | Monthly | Monthly |
| Next ex-date | Oct 1, 2026 (est.) | Oct 1, 2026 (est.) |
| Expense ratio | 0.14% | 0.03% |
| 1-year payout growth | +3.6% | -0.2% |
| 5-year payout CAGR | +9.6% | +16.7% |
| Consecutive years of increases | 1 year | 4 years |
| Payout consistency (last 12) | 94/100 | 95/100 |
| 1-year total return | +0.6% | +1.3% |
| 1-year price return | -3.9% | -3.7% |
| Size (market cap / AUM) | 32.0B | 11.5B |
| Years paying | 24.0 | 6.9 |
| 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 | SCHI | |
|---|---|---|
| Shares | 94.8 | 453.7 |
| Income per year | $476 | $515 |
| Income per month (avg) | $40 | $43 |
At forward yields, before taxes. Model LQD · Model SCHI
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. |
| SCHI Oct 1, 2026 | Oct 15, 2026 | $0.0947 | Est. |
| SCHI Oct 31, 2026 | Nov 14, 2026 | $0.0947 | Est. |
| SCHI Nov 30, 2026 | Dec 14, 2026 | $0.0947 | Est. |
Annual payouts per share
LQDSCHI
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 SCHI?
SCHI currently has the higher trailing yield: LQD yields 4.76% and SCHI yields 5.15%. Yield changes daily with price, so check the live figures above.
How often do LQD and SCHI pay?
LQD pays every month and SCHI pays every month. LQD's next ex-date is Oct 1, 2026 and SCHI's is Oct 1, 2026.
Which has grown its dividend faster, LQD or SCHI?
SCHI has grown its payout faster: 16.7%/yr vs 9.6%/yr over the last 5 years.
Is LQD or SCHI better for income?
It depends on what you are optimising for. LQD and SCHI 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.