GIGL vs. USIG
GIGL (Goldman Sachs Corporate Bond ETF) and USIG (iShares Broad USD Investment Grade Corporate Bond ETF) are both Corporate Bonds funds. With a 0.97 correlation, they move nearly in lockstep. GIGL charges 0.29%/yr vs 0.04%/yr for USIG.
Performance
GIGL vs. USIG - Performance Comparison
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Returns By Period
In the year-to-date period, GIGL achieves a 0.32% return, which is significantly lower than USIG's 0.56% return.
GIGL
- 1D
- -0.22%
- 1M
- 0.62%
- YTD
- 0.32%
- 6M
- 0.17%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
USIG
- 1D
- -0.23%
- 1M
- 0.56%
- YTD
- 0.56%
- 6M
- 0.37%
- 1Y
- 6.04%
- 3Y*
- 5.46%
- 5Y*
- 0.72%
- 10Y*
- 2.63%
GIGL vs. USIG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
GIGL Goldman Sachs Corporate Bond ETF | 0.32% | 3.76% |
USIG iShares Broad USD Investment Grade Corporate Bond ETF | 0.56% | 3.71% |
Correlation
The correlation between GIGL and USIG is 0.97 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jun 27, 2025 | 0.97 |
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Return for Risk
GIGL vs. USIG — Risk / Return Rank
GIGL
USIG
GIGL vs. USIG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Corporate Bond ETF (GIGL) and iShares Broad USD Investment Grade Corporate Bond ETF (USIG). 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.
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Sharpe Ratios by Period
| GIGL | USIG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | 1.47 | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.11 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.39 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.06 | 0.54 | +0.52 |
Drawdowns
GIGL vs. USIG - Drawdown Comparison
The maximum GIGL drawdown since its inception was -3.13%, smaller than the maximum USIG drawdown of -22.21%. Use the drawdown chart below to compare losses from any high point for GIGL and USIG.
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Drawdown Indicators
| GIGL | USIG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -3.13% | -22.21% | +19.08% |
Max Drawdown (1Y)Largest decline over 1 year | — | -2.79% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -6.10% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -21.45% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -21.45% | — |
Current DrawdownCurrent decline from peak | -1.19% | -0.97% | -0.22% |
Average DrawdownAverage peak-to-trough decline | -0.71% | -3.42% | +2.71% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 0.86% | — |
Volatility
GIGL vs. USIG - Volatility Comparison
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Volatility by Period
| GIGL | USIG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 1.27% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 3.04% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 4.17% | 4.13% | +0.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.17% | 6.82% | -2.65% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.17% | 6.82% | -2.65% |
GIGL vs. USIG - Expense Ratio Comparison
GIGL has a 0.29% expense ratio, which is higher than USIG's 0.04% expense ratio.
Dividends
GIGL vs. USIG - Dividend Comparison
GIGL's dividend yield for the trailing twelve months is around 3.78%, less than USIG's 4.74% 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% |
USIG iShares Broad USD Investment Grade Corporate Bond ETF | 4.74% | 4.62% | 4.51% | 3.94% | 3.14% | 2.33% | 2.82% | 3.37% | 3.44% | 3.03% | 2.87% | 3.24% |
Frequently Asked Questions
With a correlation of 0.97, GIGL and USIG 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.
On fees, USIG is cheaper at 0.04% per year. The better choice depends on whether you care most about return, fees, risk, or income.
USIG is cheaper with a 0.04% expense ratio, compared with 0.29% for GIGL.
USIG has the higher dividend yield at 4.74%, compared with 3.78% for GIGL.
They also come from different issuers: Goldman Sachs and iShares. Their fees differ too: 0.29% for GIGL and 0.04% for USIG.
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