IGCB vs. QCON

Last updated Apr 2, 2026

Compare and contrast key facts about TCW Corporate Bond ETF (IGCB) and American Century Quality Convertible Securities ETF (QCON).

IGCB and QCON are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IGCB is a passively managed fund by TCW that tracks the performance of the Actively Managed. It was launched on Jun 29, 2018. QCON is an actively managed fund by American Century. It was launched on Feb 16, 2021.

Performance

IGCB vs. QCON - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TCW Corporate Bond ETF (IGCB) and American Century Quality Convertible Securities ETF (QCON). The values are adjusted to include any dividend payments, if applicable.

IGCB vs. QCON - Yearly Performance Comparison

	2026 (YTD)
IGCB TCW Corporate Bond ETF	-0.71%
QCON American Century Quality Convertible Securities ETF	0.00%

Returns By Period

IGCB

• 1D: 0.13%
• 1M: -1.38%
• YTD: -0.36%
• 6M: 0.12%
• 1Y: 4.87%
• 3Y*: —
• 5Y*: —
• 10Y*: —

QCON

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IGCB vs. QCON - Expense Ratio Comparison

IGCB has a 0.35% expense ratio, which is higher than QCON's 0.32% expense ratio.

IGCB

TCW Corporate Bond ETF

QCON

American Century Quality Convertible Securities ETF

Return for Risk

IGCB vs. QCON — Risk / Return Rank

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

IGCB

IGCB Risk / Return Rank: 52
IGCB Sharpe Ratio Rank: 55
IGCB Sortino Ratio Rank: 50
IGCB Omega Ratio Rank: 47
IGCB Calmar Ratio Rank: 60
IGCB Martin Ratio Rank: 50

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.

IGCB vs. QCON - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TCW Corporate Bond ETF (IGCB) and American Century Quality Convertible Securities ETF (QCON). 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.

	IGCB	QCON	Difference
Sharpe ratio Return per unit of total volatility	1.05	—	—
Sortino ratio Return per unit of downside risk	1.45	—	—
Omega ratio Gain probability vs. loss probability	1.20	—	—
Calmar ratio Return relative to maximum drawdown	1.77	—	—
Martin ratio Return relative to average drawdown	5.73	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	IGCB	QCON	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.05	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	1.13	—	—

Dividends

IGCB vs. QCON - Dividend Comparison

IGCB's dividend yield for the trailing twelve months is around 4.67%, while QCON has not paid dividends to shareholders.

	TTM	2025	2024
IGCB TCW Corporate Bond ETF	4.67%	4.52%	0.66%
QCON American Century Quality Convertible Securities ETF	0.00%	0.00%	0.00%

Drawdowns

IGCB vs. QCON - Drawdown Comparison

The maximum IGCB drawdown since its inception was -4.20%, which is greater than QCON's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for IGCB and QCON.

Drawdown Indicators

	IGCB	QCON	Difference
Max Drawdown Largest peak-to-trough decline	-4.20%	0.00%	-4.20%
Max Drawdown (1Y) Largest decline over 1 year	-2.91%	—	—
Current Drawdown Current decline from peak	-1.74%	0.00%	-1.74%
Average Drawdown Average peak-to-trough decline	-0.87%	0.00%	-0.87%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.90%	—	—

Volatility

Volatility by Period

	IGCB	QCON	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.76%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.73%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	4.65%	0.00%	+4.65%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.93%	0.00%	+4.93%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.93%	0.00%	+4.93%