GIGL vs. CEMB
GIGL (Goldman Sachs Corporate Bond ETF) and CEMB (iShares J.P. Morgan EM Corporate Bond ETF) are both Corporate Bonds funds. Over the past year, GIGL returned 4.94% vs 6.27% for CEMB. A 0.76 correlation means they provide meaningful diversification when combined. GIGL charges 0.29%/yr vs 0.50%/yr for CEMB.
Performance
GIGL vs. CEMB - Performance Comparison
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Returns By Period
In the year-to-date period, GIGL achieves a 1.13% return, which is significantly lower than CEMB's 1.72% return.
GIGL
- 1D
- 0.06%
- 1M
- 1.03%
- YTD
- 1.13%
- 6M
- 0.93%
- 1Y
- 4.94%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
CEMB
- 1D
- -0.01%
- 1M
- 0.48%
- YTD
- 1.72%
- 6M
- 1.63%
- 1Y
- 6.27%
- 3Y*
- 6.99%
- 5Y*
- 1.96%
- 10Y*
- 3.57%
GIGL vs. CEMB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
GIGL Goldman Sachs Corporate Bond ETF | 1.13% | 3.76% |
CEMB iShares J.P. Morgan EM Corporate Bond ETF | 1.72% | 4.48% |
Correlation
The correlation between GIGL and CEMB is 0.76, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jun 26, 2025 | 0.76 |
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Return for Risk
GIGL vs. CEMB — Risk / Return Rank
GIGL
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
CEMB
GIGL vs. CEMB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Corporate Bond ETF (GIGL) and iShares J.P. Morgan EM Corporate Bond ETF (CEMB). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| GIGL | CEMB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.39 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.19 | — |
| Martin ratioReturn relative to average drawdown | — | 9.41 | — |
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Drawdowns
GIGL vs. CEMB - Drawdown Comparison
The maximum GIGL drawdown since its inception was -3.13%, smaller than the maximum CEMB drawdown of -20.84%. Use the drawdown chart below to compare losses from any high point for GIGL and CEMB.
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Drawdown Indicators
| GIGL | CEMB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -3.13% | -20.84% | +17.71% |
Max Drawdown (1Y)Largest decline over 1 year | -3.13% | -2.88% | -0.25% |
Max Drawdown (3Y)Largest decline over 3 years | — | -3.85% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -20.48% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -20.84% | — |
Current DrawdownCurrent decline from peak | -0.39% | -0.13% | -0.26% |
Average DrawdownAverage peak-to-trough decline | -0.72% | -3.64% | +2.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.67% | — |
Volatility
GIGL vs. CEMB - Volatility Comparison
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Volatility by Period
| GIGL | CEMB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 1.06% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 2.54% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 4.17% | 3.14% | +1.03% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.17% | 5.63% | -1.46% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.17% | 6.29% | -2.12% |
GIGL vs. CEMB - Expense Ratio Comparison
GIGL has a 0.29% expense ratio, which is lower than CEMB's 0.50% expense ratio.
Dividends
GIGL vs. CEMB - Dividend Comparison
GIGL's dividend yield for the trailing twelve months is around 3.75%, less than CEMB's 5.12% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CEMB iShares J.P. Morgan EM Corporate Bond ETF | 5.12% | 5.14% | 5.11% | 4.77% | 4.29% | 3.51% | 3.86% | 4.19% | 4.66% | 4.06% | 4.26% | 4.76% |
GIGL Goldman Sachs Corporate Bond ETF | 3.75% | 2.12% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
GIGL and CEMB have a correlation of 0.76, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On 1-year performance, CEMB leads with 6.27% vs 4.94% for GIGL. On fees, GIGL is cheaper at 0.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, CEMB has performed better with a 6.27% return vs 4.94%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
GIGL is cheaper with a 0.29% expense ratio, compared with 0.50% for CEMB.
CEMB has the higher dividend yield at 5.12%, compared with 3.75% for GIGL.
They also come from different issuers: Goldman Sachs and iShares. Their fees differ too: 0.29% for GIGL and 0.50% for CEMB.
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