GIGL vs. IGHG

Last updated Jun 5, 2026

GIGL (Goldman Sachs Corporate Bond ETF) and IGHG (ProShares Investment Grade-Interest Rate Hedged) are both Corporate Bonds funds. At a 0.14 correlation, their price movements are largely independent. GIGL charges 0.29%/yr vs 0.30%/yr for IGHG.

Performance

GIGL vs. IGHG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Goldman Sachs Corporate Bond ETF (GIGL) and ProShares Investment Grade-Interest Rate Hedged (IGHG). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GIGL achieves a 0.46% return, which is significantly lower than IGHG's 2.32% return.

GIGL

• 1D: 0.14%
• 1M: 0.51%
• YTD: 0.46%
• 6M: 0.49%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

IGHG

• 1D: 0.15%
• 1M: 0.76%
• YTD: 2.32%
• 6M: 2.33%
• 1Y: 6.08%
• 3Y*: 8.68%
• 5Y*: 5.27%
• 10Y*: 4.79%

*Multi-year figures are annualized to reflect compound growth (CAGR)

GIGL vs. IGHG - Yearly Performance Comparison

	2026 (YTD)	2025
GIGL Goldman Sachs Corporate Bond ETF	0.46%	3.76%
IGHG ProShares Investment Grade-Interest Rate Hedged	2.32%	3.71%

Correlation

The correlation between GIGL and IGHG is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jun 27, 2025	0.14

Return for Risk

GIGL vs. IGHG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

IGHG

IGHG Risk / Return Rank: 61
IGHG Sharpe Ratio Rank: 52
IGHG Sortino Ratio Rank: 57
IGHG Omega Ratio Rank: 55
IGHG Calmar Ratio Rank: 71
IGHG Martin Ratio Rank: 68

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

GIGL vs. IGHG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Corporate Bond ETF (GIGL) and ProShares Investment Grade-Interest Rate Hedged (IGHG). 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	GIGL	IGHG	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	1.77	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.05	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.64	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.09	0.54	+0.56

Drawdowns

GIGL vs. IGHG - Drawdown Comparison

The maximum GIGL drawdown since its inception was -3.13%, smaller than the maximum IGHG drawdown of -25.16%. Use the drawdown chart below to compare losses from any high point for GIGL and IGHG.

Drawdown Indicators

	GIGL	IGHG	Difference
Max Drawdown Largest peak-to-trough decline	-3.13%	-25.16%	+22.03%
Max Drawdown (1Y) Largest decline over 1 year	—	-1.75%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-3.74%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-8.75%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-25.16%	—
Current Drawdown Current decline from peak	-1.05%	0.00%	-1.05%
Average Drawdown Average peak-to-trough decline	-0.71%	-2.30%	+1.59%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.49%	—

Volatility

Volatility by Period

	GIGL	IGHG	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.62%	—
Volatility (6M) Calculated over the trailing 6-month period	—	2.53%	—
Volatility (1Y) Calculated over the trailing 1-year period	4.16%	3.44%	+0.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.16%	5.02%	-0.86%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.16%	7.46%	-3.30%

GIGL vs. IGHG - Expense Ratio Comparison

GIGL has a 0.29% expense ratio, which is lower than IGHG's 0.30% expense ratio.

Dividends

GIGL vs. IGHG - Dividend Comparison

GIGL's dividend yield for the trailing twelve months is around 3.78%, less than IGHG's 5.11% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GIGL Goldman Sachs Corporate Bond ETF	3.78%	2.12%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
IGHG ProShares Investment Grade-Interest Rate Hedged	5.11%	5.14%	5.06%	4.99%	3.55%	2.50%	2.79%	3.48%	4.13%	3.36%	3.37%	3.65%

Frequently Asked Questions

Can I hold both GIGL and IGHG in my portfolio?

GIGL and IGHG have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GIGL or IGHG?

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.

Which ETF is cheaper, GIGL or IGHG?

GIGL is cheaper with a 0.29% expense ratio, compared with 0.30% for IGHG.

Which ETF pays a higher dividend yield, GIGL or IGHG?

IGHG has the higher dividend yield at 5.11%, compared with 3.78% for GIGL.

What is the main difference between GIGL and IGHG?

They also come from different issuers: Goldman Sachs and ProShares. Their fees differ too: 0.29% for GIGL and 0.30% for IGHG.