IGCB vs. SUPP

Last updated Apr 3, 2026

Compare and contrast key facts about TCW Corporate Bond ETF (IGCB) and TCW Transform Supply Chain ETF (SUPP).

IGCB and SUPP 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. SUPP is an actively managed fund by TCW. It was launched on Feb 14, 2023.

Performance

IGCB vs. SUPP - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TCW Corporate Bond ETF (IGCB) and TCW Transform Supply Chain ETF (SUPP). The values are adjusted to include any dividend payments, if applicable.

IGCB vs. SUPP - Yearly Performance Comparison

	2026 (YTD)	2025	2024
IGCB TCW Corporate Bond ETF	-0.21%	8.42%	-0.39%
SUPP TCW Transform Supply Chain ETF	1.80%	11.65%	-5.02%

Returns By Period

In the year-to-date period, IGCB achieves a -0.21% return, which is significantly lower than SUPP's 1.80% return.

IGCB

• 1D: 0.15%
• 1M: -0.91%
• YTD: -0.21%
• 6M: 0.18%
• 1Y: 5.18%
• 3Y*: —
• 5Y*: —
• 10Y*: —

SUPP

• 1D: -0.61%
• 1M: -5.48%
• YTD: 1.80%
• 6M: 0.12%
• 1Y: 20.95%
• 3Y*: 13.98%
• 5Y*: —
• 10Y*: —

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

IGCB vs. SUPP - Expense Ratio Comparison

IGCB has a 0.35% expense ratio, which is lower than SUPP's 0.75% expense ratio.

SUPP

TCW Transform Supply Chain ETF

IGCB

TCW Corporate Bond ETF

Return for Risk

IGCB vs. SUPP — Risk / Return Rank

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

IGCB

IGCB Risk / Return Rank: 53
IGCB Sharpe Ratio Rank: 60
IGCB Sortino Ratio Rank: 56
IGCB Omega Ratio Rank: 52
IGCB Calmar Ratio Rank: 53
IGCB Martin Ratio Rank: 45

SUPP

SUPP Risk / Return Rank: 52
SUPP Sharpe Ratio Rank: 50
SUPP Sortino Ratio Rank: 53
SUPP Omega Ratio Rank: 48
SUPP Calmar Ratio Rank: 54
SUPP Martin Ratio Rank: 54

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. SUPP - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TCW Corporate Bond ETF (IGCB) and TCW Transform Supply Chain ETF (SUPP). 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	SUPP	Difference
Sharpe ratio Return per unit of total volatility	1.12	0.95	+0.17
Sortino ratio Return per unit of downside risk	1.54	1.48	+0.05
Omega ratio Gain probability vs. loss probability	1.21	1.20	+0.01
Calmar ratio Return relative to maximum drawdown	1.73	1.67	+0.06
Martin ratio Return relative to average drawdown	5.56	6.47	-0.91
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IGCB vs. SUPP - Sharpe Ratio Comparison

The current IGCB Sharpe Ratio is 1.12, which is comparable to the SUPP Sharpe Ratio of 0.95. The chart below compares the historical Sharpe Ratios of IGCB and SUPP, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	IGCB	SUPP	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.12	0.95	+0.17
Sharpe Ratio (All Time) Calculated using the full available price history	1.15	0.62	+0.53

Correlation

The correlation between IGCB and SUPP is 0.24, 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

IGCB vs. SUPP - Dividend Comparison

IGCB's dividend yield for the trailing twelve months is around 4.67%, more than SUPP's 0.35% yield.

	TTM	2025	2024	2023
IGCB TCW Corporate Bond ETF	4.67%	4.52%	0.66%	0.00%
SUPP TCW Transform Supply Chain ETF	0.35%	0.35%	0.49%	0.45%

Drawdowns

IGCB vs. SUPP - Drawdown Comparison

The maximum IGCB drawdown since its inception was -4.20%, smaller than the maximum SUPP drawdown of -25.03%. Use the drawdown chart below to compare losses from any high point for IGCB and SUPP.

Drawdown Indicators

	IGCB	SUPP	Difference
Max Drawdown Largest peak-to-trough decline	-4.20%	-25.03%	+20.83%
Max Drawdown (1Y) Largest decline over 1 year	-2.91%	-13.59%	+10.68%
Current Drawdown Current decline from peak	-1.60%	-8.74%	+7.14%
Average Drawdown Average peak-to-trough decline	-0.87%	-4.56%	+3.69%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.90%	3.50%	-2.60%

Volatility

IGCB vs. SUPP - Volatility Comparison

The current volatility for TCW Corporate Bond ETF (IGCB) is 1.74%, while TCW Transform Supply Chain ETF (SUPP) has a volatility of 9.56%. This indicates that IGCB experiences smaller price fluctuations and is considered to be less risky than SUPP based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IGCB	SUPP	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.74%	9.56%	-7.82%
Volatility (6M) Calculated over the trailing 6-month period	2.71%	14.93%	-12.22%
Volatility (1Y) Calculated over the trailing 1-year period	4.65%	22.16%	-17.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.93%	19.14%	-14.21%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.93%	19.14%	-14.21%