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IGBH vs. BBAG
Performance
Return for Risk
Dividends
Drawdowns
Volatility

IGBH vs. BBAG

Last updated Apr 1, 2026

Compare and contrast key facts about iShares Interest Rate Hedged Long-Term Corporate Bond ETF (IGBH) and JPMorgan BetaBuilders U.S. Aggregate Bond ETF (BBAG).

IGBH and BBAG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IGBH is a passively managed fund by iShares that tracks the performance of the BlackRock Interest Rate Hedged Long-Term Corporate Bond Index. It was launched on Jul 22, 2015. BBAG is a passively managed fund by JPMorgan that tracks the performance of the Bloomberg US Aggregate Bond Index. It was launched on Dec 12, 2018. Both IGBH and BBAG are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

IGBH vs. BBAG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Interest Rate Hedged Long-Term Corporate Bond ETF (IGBH) and JPMorgan BetaBuilders U.S. Aggregate Bond ETF (BBAG). The values are adjusted to include any dividend payments, if applicable.

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IGBH vs. BBAG - Yearly Performance Comparison

2026 (YTD)20252024202320222021202020192018
IGBH
iShares Interest Rate Hedged Long-Term Corporate Bond ETF		-0.98%7.90%7.80%12.12%-2.82%2.20%1.09%9.62%-2.39%
BBAG
JPMorgan BetaBuilders U.S. Aggregate Bond ETF		0.11%7.27%1.26%5.41%-13.26%-1.79%7.31%8.31%1.00%

Returns By Period

In the year-to-date period, IGBH achieves a -0.98% return, which is significantly lower than BBAG's 0.11% return.

IGBH

1D
0.92%
1M
0.14%
YTD
-0.98%
6M
1.02%
1Y
6.97%
3Y*
8.23%
5Y*
4.40%
10Y*
4.96%

BBAG

1D
0.30%
1M
-1.73%
YTD
0.11%
6M
1.03%
1Y
4.51%
3Y*
3.61%
5Y*
0.15%
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

Compare stocks, funds, or ETFs

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iShares Interest Rate Hedged Long-Term Corporate Bond ETF

JPMorgan BetaBuilders U.S. Aggregate Bond ETF

Often compared with IGBH:
IGBH vs. LQDHIGBH vs. IGHGIGBH vs. FLBLIGBH vs. IGEBIGBH vs. SGOVIGBH vs. HYGHIGBH vs. VCLT
Often compared with BBAG:
BBAG vs. JCPBBBAG vs. AGGBBAG vs. BNDBBAG vs. SCHZBBAG vs. VCLTBBAG vs. AGTHXBBAG vs. VCSH

IGBH vs. BBAG - Expense Ratio Comparison

IGBH has a 0.16% expense ratio, which is higher than BBAG's 0.03% 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%.

IGBH
iShares Interest Rate Hedged Long-Term Corporate Bond ETF
BBAG
JPMorgan BetaBuilders U.S. Aggregate Bond ETF

Return for Risk

IGBH vs. BBAG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IGBH
IGBH Risk / Return Rank: 6262
Overall Rank
IGBH Sharpe Ratio Rank: 6565
Sharpe Ratio Rank
IGBH Sortino Ratio Rank: 6767
Sortino Ratio Rank
IGBH Omega Ratio Rank: 6969
Omega Ratio Rank
IGBH Calmar Ratio Rank: 5353
Calmar Ratio Rank
IGBH Martin Ratio Rank: 5454
Martin Ratio Rank
BBAG
BBAG Risk / Return Rank: 5656
Overall Rank
BBAG Sharpe Ratio Rank: 5858
Sharpe Ratio Rank
BBAG Sortino Ratio Rank: 5454
Sortino Ratio Rank
BBAG Omega Ratio Rank: 4848
Omega Ratio Rank
BBAG Calmar Ratio Rank: 7070
Calmar Ratio Rank
BBAG Martin Ratio Rank: 5050
Martin Ratio Rank
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.

IGBH vs. BBAG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Interest Rate Hedged Long-Term Corporate Bond ETF (IGBH) and JPMorgan BetaBuilders U.S. Aggregate Bond ETF (BBAG). 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.

IGBHBBAGDifference

Sharpe ratio

Return per unit of total volatility

1.11

1.01

+0.09

Sortino ratio

Return per unit of downside risk

1.66

1.43

+0.24

Omega ratio

Gain probability vs. loss probability

1.24

1.18

+0.06

Calmar ratio

Return relative to maximum drawdown

1.29

1.81

-0.52

Martin ratio

Return relative to average drawdown

5.10

4.90

+0.20

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IGBH vs. BBAG - Sharpe Ratio Comparison

The current IGBH Sharpe Ratio is 1.11, which is comparable to the BBAG Sharpe Ratio of 1.01. The chart below compares the historical Sharpe Ratios of IGBH and BBAG, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

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Sharpe Ratios by Period

IGBHBBAGDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.11

1.01

+0.09

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.71

0.02

+0.69

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.54

—

—

Sharpe Ratio (All Time)

Calculated using the full available price history

0.49

0.33

+0.16

Correlation

The correlation between IGBH and BBAG is 0.05, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

IGBH vs. BBAG - Dividend Comparison

IGBH's dividend yield for the trailing twelve months is around 6.05%, more than BBAG's 4.32% yield.

TTM20252024202320222021202020192018201720162015
IGBH
iShares Interest Rate Hedged Long-Term Corporate Bond ETF		6.05%6.23%6.88%7.32%3.84%2.71%2.39%3.40%5.56%2.87%2.62%1.12%
BBAG
JPMorgan BetaBuilders U.S. Aggregate Bond ETF		4.32%4.29%4.25%3.60%2.23%1.44%2.26%2.92%0.16%0.00%0.00%0.00%

Drawdowns

IGBH vs. BBAG - Drawdown Comparison

The maximum IGBH drawdown since its inception was -33.67%, which is greater than BBAG's maximum drawdown of -18.73%. Use the drawdown chart below to compare losses from any high point for IGBH and BBAG.

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Drawdown Indicators

IGBHBBAGDifference

Max Drawdown

Largest peak-to-trough decline

-33.67%

-18.73%

-14.94%

Max Drawdown (1Y)

Largest decline over 1 year

-5.22%

-2.61%

-2.61%

Max Drawdown (5Y)

Largest decline over 5 years

-10.48%

-18.06%

+7.58%

Max Drawdown (10Y)

Largest decline over 10 years

-33.67%

—

—

Current Drawdown

Current decline from peak

-2.51%

-2.90%

+0.39%

Average Drawdown

Average peak-to-trough decline

-2.70%

-6.31%

+3.61%

Ulcer Index

Depth and duration of drawdowns from previous peaks

1.32%

0.96%

+0.36%

Volatility

IGBH vs. BBAG - Volatility Comparison

iShares Interest Rate Hedged Long-Term Corporate Bond ETF (IGBH) has a higher volatility of 2.32% compared to JPMorgan BetaBuilders U.S. Aggregate Bond ETF (BBAG) at 1.83%. This indicates that IGBH's price experiences larger fluctuations and is considered to be riskier than BBAG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

IGBHBBAGDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.32%

1.83%

+0.49%

Volatility (6M)

Calculated over the trailing 6-month period

3.39%

2.71%

+0.68%

Volatility (1Y)

Calculated over the trailing 1-year period

6.33%

4.47%

+1.86%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

6.22%

5.91%

+0.31%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

9.25%

5.84%

+3.41%