GSIG vs. IIGD
Compare and contrast key facts about Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF (GSIG) and Invesco Investment Grade Defensive ETF (IIGD).
GSIG and IIGD are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. GSIG is a passively managed fund by Goldman Sachs that tracks the performance of the FTSE Goldman Sachs US Investment-Grade Corporate Bond 1-5 Years Index. It was launched on Jul 7, 2020. IIGD is a passively managed fund by Invesco that tracks the performance of the Invesco Investment Grade Defensive Index. It was launched on Jul 25, 2018. Both GSIG and IIGD are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: GSIG or IIGD.
Correlation
The correlation between GSIG and IIGD is 0.92, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
GSIG vs. IIGD - Performance Comparison
Key characteristics
GSIG:
2.19
IIGD:
1.45
GSIG:
3.28
IIGD:
2.10
GSIG:
1.42
IIGD:
1.26
GSIG:
3.10
IIGD:
0.98
GSIG:
9.96
IIGD:
4.98
GSIG:
0.51%
IIGD:
0.92%
GSIG:
2.34%
IIGD:
3.17%
GSIG:
-9.57%
IIGD:
-11.43%
GSIG:
-0.32%
IIGD:
-1.13%
Returns By Period
In the year-to-date period, GSIG achieves a 0.30% return, which is significantly higher than IIGD's 0.26% return.
GSIG
0.30%
0.47%
2.36%
5.04%
N/A
N/A
IIGD
0.26%
0.41%
2.02%
4.49%
1.17%
N/A
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GSIG vs. IIGD - Expense Ratio Comparison
GSIG has a 0.14% expense ratio, which is higher than IIGD's 0.13% 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%.
Risk-Adjusted Performance
GSIG vs. IIGD — Risk-Adjusted Performance Rank
GSIG
IIGD
GSIG vs. IIGD - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF (GSIG) and Invesco Investment Grade Defensive ETF (IIGD). 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.
Dividends
GSIG vs. IIGD - Dividend Comparison
GSIG's dividend yield for the trailing twelve months is around 4.57%, more than IIGD's 4.15% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
GSIG Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF | 4.57% | 4.59% | 3.51% | 2.21% | 1.04% | 0.46% | 0.00% | 0.00% |
IIGD Invesco Investment Grade Defensive ETF | 4.15% | 4.13% | 3.74% | 1.73% | 1.78% | 3.21% | 2.62% | 1.23% |
Drawdowns
GSIG vs. IIGD - Drawdown Comparison
The maximum GSIG drawdown since its inception was -9.57%, smaller than the maximum IIGD drawdown of -11.43%. Use the drawdown chart below to compare losses from any high point for GSIG and IIGD. For additional features, visit the drawdowns tool.
Volatility
GSIG vs. IIGD - Volatility Comparison
The current volatility for Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF (GSIG) is 0.54%, while Invesco Investment Grade Defensive ETF (IIGD) has a volatility of 0.83%. This indicates that GSIG experiences smaller price fluctuations and is considered to be less risky than IIGD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.