GXIG vs. IGBH

Last updated Jun 3, 2026

GXIG (Global X Investment Grade Corporate Bond ETF) and IGBH (iShares Interest Rate Hedged Long-Term Corporate Bond ETF) are both Corporate Bonds funds. GXIG is actively managed, while IGBH is passively managed. At a 0.44 correlation, their price movements are largely independent. GXIG charges 0.14%/yr vs 0.16%/yr for IGBH.

Performance

GXIG vs. IGBH - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Investment Grade Corporate Bond ETF (GXIG) and iShares Interest Rate Hedged Long-Term Corporate Bond ETF (IGBH). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, GXIG achieves a 0.52% return, which is significantly lower than IGBH's 2.31% return.

GXIG

• 1D: -0.02%
• 1M: 0.47%
• YTD: 0.52%
• 6M: 0.46%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

IGBH

• 1D: -0.12%
• 1M: 1.78%
• YTD: 2.31%
• 6M: 3.18%
• 1Y: 9.39%
• 3Y*: 8.96%
• 5Y*: 5.27%
• 10Y*: 5.04%

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

GXIG vs. IGBH - Yearly Performance Comparison

	2026 (YTD)	2025
GXIG Global X Investment Grade Corporate Bond ETF	0.52%	4.43%
IGBH iShares Interest Rate Hedged Long-Term Corporate Bond ETF	2.31%	6.34%

Correlation

The correlation between GXIG and IGBH is 0.44, 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 18, 2025	0.44

Return for Risk

GXIG vs. IGBH — Risk / Return Rank

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

IGBH

IGBH Risk / Return Rank: 63
IGBH Sharpe Ratio Rank: 70
IGBH Sortino Ratio Rank: 77
IGBH Omega Ratio Rank: 75
IGBH Calmar Ratio Rank: 45
IGBH Martin Ratio Rank: 49

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.

GXIG vs. IGBH - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Investment Grade Corporate Bond ETF (GXIG) and iShares Interest Rate Hedged Long-Term Corporate Bond ETF (IGBH). 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

	GXIG	IGBH	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.33	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.86	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.55	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.91	0.52	+0.39

Drawdowns

GXIG vs. IGBH - Drawdown Comparison

The maximum GXIG drawdown since its inception was -3.18%, smaller than the maximum IGBH drawdown of -33.67%. Use the drawdown chart below to compare losses from any high point for GXIG and IGBH.

Drawdown Indicators

	GXIG	IGBH	Difference
Max Drawdown Largest peak-to-trough decline	-3.18%	-33.67%	+30.49%
Max Drawdown (1Y) Largest decline over 1 year	—	-4.24%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-6.93%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-10.48%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-33.67%	—
Current Drawdown Current decline from peak	-1.27%	-0.19%	-1.08%
Average Drawdown Average peak-to-trough decline	-1.05%	-2.67%	+1.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	1.15%	—

Volatility

Volatility by Period

	GXIG	IGBH	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.87%	—
Volatility (6M) Calculated over the trailing 6-month period	—	3.14%	—
Volatility (1Y) Calculated over the trailing 1-year period	5.78%	4.05%	+1.73%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	5.78%	6.13%	-0.35%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.78%	9.20%	-3.42%

GXIG vs. IGBH - Expense Ratio Comparison

GXIG has a 0.14% expense ratio, which is lower than IGBH's 0.16% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

GXIG vs. IGBH - Dividend Comparison

GXIG's dividend yield for the trailing twelve months is around 5.90%, more than IGBH's 5.66% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GXIG Global X Investment Grade Corporate Bond ETF	5.90%	3.83%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
IGBH iShares Interest Rate Hedged Long-Term Corporate Bond ETF	5.66%	6.23%	6.88%	7.32%	3.84%	2.71%	2.39%	3.40%	5.56%	2.87%	2.62%	1.12%

Frequently Asked Questions

Can I hold both GXIG and IGBH in my portfolio?

GXIG and IGBH have a correlation of 0.44, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, GXIG or IGBH?

On fees, GXIG is cheaper at 0.14% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, GXIG or IGBH?

GXIG is cheaper with a 0.14% expense ratio, compared with 0.16% for IGBH.

Which ETF pays a higher dividend yield, GXIG or IGBH?

GXIG has the higher dividend yield at 5.90%, compared with 5.66% for IGBH.

What is the main difference between GXIG and IGBH?

They also come from different issuers: Global X and iShares. Their fees differ too: 0.14% for GXIG and 0.16% for IGBH.