VGLT vs. LQD: Safety vs. Yield in Bonds

The Vanguard Long-Term Treasury ETF (VGLT) charges a 0.03% expense ratio for long-term U.S. Treasuries, while the iShares iBoxx Investment Grade Corporate Bond ETF (LQD) charges 0.14% for corporate credit. Both ETFs offered a 4.60% trailing-12-month dividend yield as of June 3, 2026. VGLT launched in 2009 and paid $2.51 per share over the trailing 12 months. LQD launched in 2002 and paid $4.96 per share, introducing different credit risks versus government-backed bonds.