GXIG vs. USIG
GXIG (Global X Investment Grade Corporate Bond ETF) and USIG (iShares Broad USD Investment Grade Corporate Bond ETF) are both Corporate Bonds funds. GXIG is actively managed, while USIG is passively managed. Over the past year, GXIG returned 4.30% vs 5.21% for USIG. Their correlation of 0.90 suggests significant overlap in exposure. GXIG charges 0.14%/yr vs 0.04%/yr for USIG.
Performance
GXIG vs. USIG - Performance Comparison
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Returns By Period
In the year-to-date period, GXIG achieves a 0.46% return, which is significantly lower than USIG's 0.83% return.
GXIG
- 1D
- 0.12%
- 1M
- 0.68%
- YTD
- 0.46%
- 6M
- 0.64%
- 1Y
- 4.30%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
USIG
- 1D
- 0.12%
- 1M
- 0.78%
- YTD
- 0.83%
- 6M
- 0.89%
- 1Y
- 5.21%
- 3Y*
- 5.45%
- 5Y*
- 0.58%
- 10Y*
- 2.58%
GXIG vs. USIG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
GXIG Global X Investment Grade Corporate Bond ETF | 0.46% | 4.61% |
USIG iShares Broad USD Investment Grade Corporate Bond ETF | 0.83% | 5.04% |
Correlation
The correlation between GXIG and USIG is 0.90, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.90 |
Correlation (All Time) Calculated using the full available price history since Jun 17, 2025 | 0.90 |
The correlation between GXIG and USIG has been stable across timeframes, ranging from 0.90 to 0.90 - a consistent structural relationship.
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Return for Risk
GXIG vs. USIG — Risk / Return Rank
GXIG
USIG
GXIG vs. USIG - 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 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.
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.
| GXIG | USIG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.52 | ||
| Sortino ratioReturn per unit of downside risk | -0.78 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.22 | -0.08 |
| Calmar ratioReturn relative to maximum drawdown | 1.36 | 1.87 | -0.51 |
| Martin ratioReturn relative to average drawdown | 3.30 | 5.95 | -2.65 |
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Drawdowns
GXIG vs. USIG - Drawdown Comparison
The maximum GXIG drawdown since its inception was -3.18%, smaller than the maximum USIG drawdown of -22.21%. Use the drawdown chart below to compare losses from any high point for GXIG and USIG.
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Drawdown Indicators
| GXIG | USIG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -3.18% | -22.21% | +19.03% |
Max Drawdown (1Y)Largest decline over 1 year | -3.18% | -2.79% | -0.39% |
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 | -1.33% | -0.70% | -0.63% |
Average DrawdownAverage peak-to-trough decline | -1.06% | -3.41% | +2.35% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.31% | 0.88% | +0.43% |
Volatility
GXIG vs. USIG - Volatility Comparison
Global X Investment Grade Corporate Bond ETF (GXIG) has a higher volatility of 1.20% compared to iShares Broad USD Investment Grade Corporate Bond ETF (USIG) at 1.14%. This indicates that GXIG's price experiences larger fluctuations and is considered to be riskier than USIG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GXIG | USIG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.20% | 1.14% | +0.06% |
Volatility (6M)Calculated over the trailing 6-month period | 4.13% | 3.12% | +1.01% |
Volatility (1Y)Calculated over the trailing 1-year period | 5.75% | 4.10% | +1.65% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.72% | 6.82% | -1.10% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.72% | 6.83% | -1.11% |
GXIG vs. USIG - Expense Ratio Comparison
GXIG has a 0.14% expense ratio, which is higher than USIG's 0.04% 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%.
Dividends
GXIG vs. USIG - Dividend Comparison
GXIG's dividend yield for the trailing twelve months is around 5.90%, more than USIG's 4.73% 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% |
USIG iShares Broad USD Investment Grade Corporate Bond ETF | 4.73% | 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 0.90, GXIG 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.
GXIG has higher volatility (1.20%) compared to USIG (1.14%). In terms of maximum drawdown, GXIG dropped -3.18% vs USIG's -22.21%.
On 1-year performance, USIG leads with 5.21% vs 4.30% for GXIG. On fees, USIG is cheaper at 0.04% per year. Their volatility is very similar. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, USIG has performed better with a 5.21% return vs 4.30%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
USIG is cheaper with a 0.04% expense ratio, compared with 0.14% for GXIG.
GXIG has the higher dividend yield at 5.90%, compared with 4.73% for USIG.
They also come from different issuers: Global X and iShares. Their fees differ too: 0.14% for GXIG and 0.04% for USIG.
USIG currently has the higher Sharpe Ratio (1.28 vs 0.75), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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