AVIG vs. IGBH
AVIG (Avantis Core Fixed Income ETF) and IGBH (iShares Interest Rate Hedged Long-Term Corporate Bond ETF) are both Corporate Bonds funds. AVIG is actively managed, while IGBH is passively managed. Over the past 5 years, AVIG returned 0.13%/yr vs 5.27%/yr for IGBH. At a 0.17 correlation, their price movements are largely independent. AVIG charges 0.15%/yr vs 0.16%/yr for IGBH.
Performance
AVIG vs. IGBH - Performance Comparison
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Returns By Period
In the year-to-date period, AVIG achieves a 0.08% return, which is significantly lower than IGBH's 2.31% return.
AVIG
- 1D
- -0.21%
- 1M
- 0.11%
- YTD
- 0.08%
- 6M
- 0.01%
- 1Y
- 5.39%
- 3Y*
- 4.44%
- 5Y*
- 0.13%
- 10Y*
- —
IGBH
- 1D
- -0.12%
- 1M
- 1.78%
- YTD
- 2.31%
- 6M
- 3.18%
- 1Y
- 9.39%
- 3Y*
- 8.96%
- 5Y*
- 5.27%
- 10Y*
- 5.04%
AVIG vs. IGBH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|---|
AVIG Avantis Core Fixed Income ETF | 0.08% | 7.98% | 1.55% | 6.41% | -13.94% | -2.15% | 0.96% |
IGBH iShares Interest Rate Hedged Long-Term Corporate Bond ETF | 2.31% | 7.90% | 7.80% | 12.12% | -2.82% | 2.20% | 5.97% |
Correlation
The correlation between AVIG and IGBH is 0.34, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.34 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.19 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.18 |
Correlation (All Time) Calculated using the full available price history since Oct 16, 2020 | 0.17 |
The correlation between AVIG and IGBH shifts across timeframes, from 0.17 (all time) to 0.34 (1 year), reflecting how their relationship changes across market environments.
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Return for Risk
AVIG vs. IGBH — Risk / Return Rank
AVIG
IGBH
AVIG vs. IGBH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Avantis Core Fixed Income ETF (AVIG) and iShares Interest Rate Hedged Long-Term Corporate Bond ETF (IGBH). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| AVIG | IGBH | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.40 | 2.33 | -0.92 |
Sortino ratioReturn per unit of downside risk | 2.06 | 3.50 | -1.44 |
Omega ratioGain probability vs. loss probability | 1.24 | 1.45 | -0.21 |
Calmar ratioReturn relative to maximum drawdown | 1.92 | 2.22 | -0.30 |
Martin ratioReturn relative to average drawdown | 5.85 | 8.15 | -2.29 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| AVIG | IGBH | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.40 | 2.33 | -0.92 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.02 | 0.86 | -0.84 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.55 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | -0.02 | 0.52 | -0.54 |
Drawdowns
AVIG vs. IGBH - Drawdown Comparison
The maximum AVIG drawdown since its inception was -19.64%, smaller than the maximum IGBH drawdown of -33.67%. Use the drawdown chart below to compare losses from any high point for AVIG and IGBH.
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Drawdown Indicators
| AVIG | IGBH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -19.64% | -33.67% | +14.03% |
Max Drawdown (1Y)Largest decline over 1 year | -2.82% | -4.24% | +1.42% |
Max Drawdown (3Y)Largest decline over 3 years | -6.03% | -6.93% | +0.90% |
Max Drawdown (5Y)Largest decline over 5 years | -19.47% | -10.48% | -8.99% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.67% | — |
Current DrawdownCurrent decline from peak | -1.66% | -0.19% | -1.47% |
Average DrawdownAverage peak-to-trough decline | -7.75% | -2.67% | -5.08% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.92% | 1.15% | -0.23% |
Volatility
AVIG vs. IGBH - Volatility Comparison
Avantis Core Fixed Income ETF (AVIG) has a higher volatility of 1.32% compared to iShares Interest Rate Hedged Long-Term Corporate Bond ETF (IGBH) at 0.87%. This indicates that AVIG's price experiences larger fluctuations and is considered to be riskier than IGBH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AVIG | IGBH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.32% | 0.87% | +0.45% |
Volatility (6M)Calculated over the trailing 6-month period | 2.85% | 3.14% | -0.29% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.85% | 4.05% | -0.20% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.23% | 6.13% | +0.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.01% | 9.20% | -3.19% |
AVIG vs. IGBH - Expense Ratio Comparison
AVIG has a 0.15% expense ratio, which is lower than IGBH's 0.16% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
AVIG vs. IGBH - Dividend Comparison
AVIG's dividend yield for the trailing twelve months is around 4.04%, less than IGBH's 5.66% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AVIG Avantis Core Fixed Income ETF | 4.04% | 4.36% | 4.66% | 4.06% | 2.53% | 1.12% | 0.22% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IGBH iShares Interest Rate Hedged Long-Term Corporate Bond ETF | 5.66% | 6.23% | 6.88% | 7.32% | 3.84% | 2.71% | 2.39% | 3.40% | 5.56% | 2.87% | 2.62% | 1.12% |
Frequently Asked Questions
AVIG and IGBH have a correlation of 0.34, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AVIG has higher volatility (1.32%) compared to IGBH (0.87%). In terms of maximum drawdown, AVIG dropped -19.64% vs IGBH's -33.67%.
On 5-year performance, IGBH leads with 5.27% vs 0.13% for AVIG. On fees, AVIG is cheaper at 0.15% per year. On volatility, IGBH has been the lower-risk option at 0.87%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 5-year period, IGBH has performed better with a 5.27% return vs 0.13%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
AVIG is cheaper with a 0.15% expense ratio, compared with 0.16% for IGBH.
IGBH has the higher dividend yield at 5.66%, compared with 4.04% for AVIG.
They also come from different issuers: American Century and iShares. Their fees differ too: 0.15% for AVIG and 0.16% for IGBH.
IGBH currently has the higher Sharpe Ratio (2.33 vs 1.40), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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