LQD vs XLI — 23-Year Performance Comparison
Investment-Grade Corp Bonds vs Industrials — backtested 2002–2024
XLI wins$75,879 vs $26,647 on $10,000 over 23 years
LQDInvestment-Grade Corp Bonds
Final value$26,647
CAGR+4.4%
Max drawdown-19.4%
Best year+17% (2019)
Years won5 of 23
XLIIndustrials
Final value$75,879
CAGR+9.2%
Max drawdown-39.9%
Best year+41% (2013)
Years won18 of 23
Growth of $10,000
2002–2024LQDXLI
LQD$26,647
XLI$75,879
50/50 mix$49,327
50/50 blend: $49,327 (+7.2%/yr CAGR)
Splitting equally between LQD and XLI would have landed between the two — slightly lower CAGR than XLI but less volatility. Try a custom split →
Year-by-year: LQD vs XLI
| Year | LQD | XLI | Winner |
|---|---|---|---|
| 2024 | +0.9% | +17.5% | XLI |
| 2023 | +9.4% | +18.0% | XLI |
| 2022 | -17.9% | -5.9% | XLI |
| 2021 | -1.8% | +21.1% | XLI |
| 2020 | +11.0% | +11.5% | XLI |
| 2019 | +17.4% | +29.4% | XLI |
| 2018 | -3.8% | -14.7% | LQD |
| 2017 | +7.1% | +21.0% | XLI |
| 2016 | +6.2% | +18.9% | XLI |
| 2015 | -1.3% | -2.5% | LQD |
| 2014 | +8.2% | +9.9% | XLI |
| 2013 | -2.0% | +40.7% | XLI |
| 2012 | +10.6% | +15.3% | XLI |
| 2011 | +9.7% | -0.6% | LQD |
| 2010 | +9.3% | +26.8% | XLI |
| 2009 | +8.4% | +20.9% | XLI |
| 2008 | +2.4% | -39.9% | LQD |
| 2007 | +3.7% | +12.2% | XLI |
| 2006 | +4.2% | +14.3% | XLI |
| 2005 | +1.2% | +10.0% | XLI |
| 2004 | +5.7% | +19.6% | XLI |
| 2003 | +7.3% | +23.0% | XLI |
| 2002 | +9.9% | -17.9% | LQD |
More comparisons
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