BBBL vs. IGIB
BBBL (Bondbloxx BBB Rated 10+ Year Corporate Bond ETF) and IGIB (iShares Intermediate-Term Corporate Bond ETF) are both exchange-traded funds - BBBL is a Long-Term Bond fund tracking the Bloomberg U.S. Corporate BBB 10+ Year Index - Benchmark TR Gross, while IGIB is a Corporate Bonds fund tracking the Bloomberg Barclays U.S. Intermediate Credit Index. Both are passively managed. Over the past year, BBBL returned 7.90% vs 6.27% for IGIB. Their correlation of 0.93 suggests significant overlap in exposure. BBBL charges 0.19%/yr vs 0.06%/yr for IGIB.
Performance
BBBL vs. IGIB - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, BBBL achieves a 1.22% return, which is significantly higher than IGIB's 0.21% return.
BBBL
- 1D
- -0.39%
- 1M
- 1.64%
- YTD
- 1.22%
- 6M
- 0.19%
- 1Y
- 7.90%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IGIB
- 1D
- -0.19%
- 1M
- 0.31%
- YTD
- 0.21%
- 6M
- 0.14%
- 1Y
- 6.27%
- 3Y*
- 6.21%
- 5Y*
- 1.37%
- 10Y*
- 3.04%
BBBL vs. IGIB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
BBBL Bondbloxx BBB Rated 10+ Year Corporate Bond ETF | 1.22% | 7.02% | 0.89% |
IGIB iShares Intermediate-Term Corporate Bond ETF | 0.21% | 9.58% | 4.32% |
Correlation
The correlation between BBBL and IGIB is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.92 |
Correlation (All Time) Calculated using the full available price history since Jan 26, 2024 | 0.93 |
The correlation between BBBL and IGIB has been stable across timeframes, ranging from 0.92 to 0.93 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
BBBL vs. IGIB — Risk / Return Rank
BBBL
IGIB
BBBL vs. IGIB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Bondbloxx BBB Rated 10+ Year Corporate Bond ETF (BBBL) and iShares Intermediate-Term Corporate Bond ETF (IGIB). 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.
| BBBL | IGIB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.51 | ||
| Sortino ratioReturn per unit of downside risk | -0.78 | ||
| Omega ratioGain probability vs. loss probability | 1.18 | 1.27 | -0.09 |
| Calmar ratioReturn relative to maximum drawdown | 1.46 | 2.09 | -0.63 |
| Martin ratioReturn relative to average drawdown | 3.65 | 7.08 | -3.43 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| BBBL | IGIB | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.01 | 1.52 | -0.51 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.21 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.50 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.39 | 0.70 | -0.30 |
Drawdowns
BBBL vs. IGIB - Drawdown Comparison
The maximum BBBL drawdown since its inception was -9.43%, smaller than the maximum IGIB drawdown of -20.62%. Use the drawdown chart below to compare losses from any high point for BBBL and IGIB.
Loading charts...
Drawdown Indicators
| BBBL | IGIB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.43% | -20.62% | +11.19% |
Max Drawdown (1Y)Largest decline over 1 year | -5.45% | -3.01% | -2.44% |
Max Drawdown (3Y)Largest decline over 3 years | — | -6.05% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -20.62% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -20.62% | — |
Current DrawdownCurrent decline from peak | -1.89% | -1.33% | -0.56% |
Average DrawdownAverage peak-to-trough decline | -3.31% | -2.58% | -0.73% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.17% | 0.89% | +1.28% |
Volatility
BBBL vs. IGIB - Volatility Comparison
Bondbloxx BBB Rated 10+ Year Corporate Bond ETF (BBBL) has a higher volatility of 2.45% compared to iShares Intermediate-Term Corporate Bond ETF (IGIB) at 1.33%. This indicates that BBBL's price experiences larger fluctuations and is considered to be riskier than IGIB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| BBBL | IGIB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 2.45% | 1.33% | +1.12% |
Volatility (6M)Calculated over the trailing 6-month period | 5.75% | 3.08% | +2.67% |
Volatility (1Y)Calculated over the trailing 1-year period | 7.86% | 4.14% | +3.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 9.80% | 6.56% | +3.24% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 9.80% | 6.06% | +3.74% |
BBBL vs. IGIB - Expense Ratio Comparison
BBBL has a 0.19% expense ratio, which is higher than IGIB's 0.06% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Dividends
BBBL vs. IGIB - Dividend Comparison
BBBL's dividend yield for the trailing twelve months is around 5.74%, more than IGIB's 4.82% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
BBBL Bondbloxx BBB Rated 10+ Year Corporate Bond ETF | 5.74% | 5.77% | 5.19% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
IGIB iShares Intermediate-Term Corporate Bond ETF | 4.82% | 4.59% | 4.41% | 3.78% | 3.04% | 2.52% | 2.74% | 3.44% | 3.41% | 2.51% | 2.45% | 2.51% |
Frequently Asked Questions
With a correlation of 0.92, BBBL and IGIB move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
BBBL has higher volatility (2.45%) compared to IGIB (1.33%). In terms of maximum drawdown, BBBL dropped -9.43% vs IGIB's -20.62%.
On 1-year performance, BBBL leads with 7.90% vs 6.27% for IGIB. On fees, IGIB is cheaper at 0.06% per year. On volatility, IGIB has been the lower-risk option at 1.33%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, BBBL has performed better with a 7.90% return vs 6.27%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IGIB is cheaper with a 0.06% expense ratio, compared with 0.19% for BBBL.
BBBL has the higher dividend yield at 5.74%, compared with 4.82% for IGIB.
BBBL is categorized as Long-Term Bond, while IGIB is Corporate Bonds. BBBL tracks Bloomberg U.S. Corporate BBB 10+ Year Index - Benchmark TR Gross, while IGIB tracks Bloomberg Barclays U.S. Intermediate Credit Index. They also come from different issuers: BondBloxx and iShares. Their fees differ too: 0.19% for BBBL and 0.06% for IGIB.
IGIB currently has the higher Sharpe Ratio (1.52 vs 1.01), 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.
Find the right allocation for BBBL and IGIB
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer