IG vs. IGBH
IG (Principal Investment Grade Corporate Active ETF) and IGBH (iShares Interest Rate Hedged Long-Term Corporate Bond ETF) are both Corporate Bonds funds. IG is actively managed, while IGBH is passively managed. A 0.52 correlation means they provide meaningful diversification when combined. IG charges 0.26%/yr vs 0.16%/yr for IGBH.
Performance
IG vs. IGBH - Performance Comparison
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Returns By Period
IG
- 1D
- 0.46%
- 1M
- 1.35%
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
IGBH
- 1D
- -0.20%
- 1M
- 0.09%
- YTD
- 2.19%
- 6M
- 2.07%
- 1Y
- 8.71%
- 3Y*
- 8.50%
- 5Y*
- 5.25%
- 10Y*
- 5.04%
IG vs. IGBH - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
IG Principal Investment Grade Corporate Active ETF | 0.58% |
IGBH iShares Interest Rate Hedged Long-Term Corporate Bond ETF | 1.78% |
Correlation
The correlation between IG and IGBH is 0.52, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Apr 22, 2026 | 0.52 |
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Return for Risk
IG vs. IGBH — Risk / Return Rank
IG
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
IGBH
IG vs. IGBH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Principal Investment Grade Corporate Active ETF (IG) 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.
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.
| IG | IGBH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.42 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.06 | — |
| Martin ratioReturn relative to average drawdown | — | 7.58 | — |
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Drawdowns
IG vs. IGBH - Drawdown Comparison
The maximum IG drawdown since its inception was -1.75%, smaller than the maximum IGBH drawdown of -33.67%. Use the drawdown chart below to compare losses from any high point for IG and IGBH.
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Drawdown Indicators
| IG | IGBH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -1.75% | -33.67% | +31.92% |
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 DrawdownCurrent decline from peak | 0.00% | -0.48% | +0.48% |
Average DrawdownAverage peak-to-trough decline | -0.44% | -2.65% | +2.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.15% | — |
Volatility
IG vs. IGBH - Volatility Comparison
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Volatility by Period
| IG | IGBH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 0.71% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 3.15% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 4.88% | 4.03% | +0.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.88% | 6.05% | -1.17% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.88% | 9.20% | -4.32% |
IG vs. IGBH - Expense Ratio Comparison
IG has a 0.26% expense ratio, which is higher than IGBH's 0.16% 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
IG vs. IGBH - Dividend Comparison
IG's dividend yield for the trailing twelve months is around 0.84%, less than IGBH's 5.67% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IG Principal Investment Grade Corporate Active ETF | 0.84% | 0.00% | 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 | 5.67% | 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
IG and IGBH have a correlation of 0.52, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, IGBH is cheaper at 0.16% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IGBH is cheaper with a 0.16% expense ratio, compared with 0.26% for IG.
IGBH has the higher dividend yield at 5.67%, compared with 0.84% for IG.
They also come from different issuers: Principal and iShares. Their fees differ too: 0.26% for IG and 0.16% for IGBH.
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