IGCB vs. VCIT
IGCB (TCW Corporate Bond ETF) and VCIT (Vanguard Intermediate-Term Corporate Bond ETF) are both Corporate Bonds funds - IGCB tracks the Actively Managed while VCIT tracks the Bloomberg U.S. 5-10 Year Corporate Bond Index. Both are passively managed. Over the past year, IGCB returned 5.37% vs 6.13% for VCIT. Their correlation of 0.85 suggests significant overlap in exposure. IGCB charges 0.35%/yr vs 0.03%/yr for VCIT.
Performance
IGCB vs. VCIT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, IGCB achieves a 0.08% return, which is significantly lower than VCIT's 0.18% return.
IGCB
- 1D
- -0.30%
- 1M
- 0.37%
- YTD
- 0.08%
- 6M
- -0.02%
- 1Y
- 5.37%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
VCIT
- 1D
- -0.22%
- 1M
- 0.28%
- YTD
- 0.18%
- 6M
- 0.07%
- 1Y
- 6.13%
- 3Y*
- 6.00%
- 5Y*
- 1.22%
- 10Y*
- 2.93%
IGCB vs. VCIT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
IGCB TCW Corporate Bond ETF | 0.08% | 8.42% | -0.39% |
VCIT Vanguard Intermediate-Term Corporate Bond ETF | 0.18% | 9.34% | -0.18% |
Correlation
The correlation between IGCB and VCIT is 0.85, 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 | 0.85 |
Correlation (All Time) Calculated using the full available price history since Nov 19, 2024 | 0.85 |
The correlation between IGCB and VCIT has been stable across timeframes, ranging from 0.85 to 0.85 - a consistent structural relationship.
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
IGCB vs. VCIT — Risk / Return Rank
IGCB
VCIT
IGCB vs. VCIT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for TCW Corporate Bond ETF (IGCB) and Vanguard Intermediate-Term Corporate Bond ETF (VCIT). 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 | VCIT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.13 | ||
| Sortino ratioReturn per unit of downside risk | -0.26 | ||
| Omega ratioGain probability vs. loss probability | 1.25 | 1.27 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.85 | 2.08 | -0.23 |
| Martin ratioReturn relative to average drawdown | 5.69 | 6.95 | -1.25 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| IGCB | VCIT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.38 | 1.50 | -0.13 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | — | 0.19 | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | — | 0.47 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.09 | 0.75 | +0.33 |
Drawdowns
IGCB vs. VCIT - Drawdown Comparison
The maximum IGCB drawdown since its inception was -4.20%, smaller than the maximum VCIT drawdown of -20.56%. Use the drawdown chart below to compare losses from any high point for IGCB and VCIT.
Loading charts...
Drawdown Indicators
| IGCB | VCIT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -4.20% | -20.56% | +16.36% |
Max Drawdown (1Y)Largest decline over 1 year | -2.91% | -2.96% | +0.05% |
Max Drawdown (3Y)Largest decline over 3 years | — | -6.11% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -20.56% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -20.56% | — |
Current DrawdownCurrent decline from peak | -1.31% | -1.36% | +0.05% |
Average DrawdownAverage peak-to-trough decline | -0.93% | -3.16% | +2.23% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.95% | 0.88% | +0.07% |
Volatility
IGCB vs. VCIT - Volatility Comparison
TCW Corporate Bond ETF (IGCB) and Vanguard Intermediate-Term Corporate Bond ETF (VCIT) have volatilities of 1.35% and 1.38%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| IGCB | VCIT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.35% | 1.38% | -0.03% |
Volatility (6M)Calculated over the trailing 6-month period | 2.78% | 3.06% | -0.28% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.92% | 4.10% | -0.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 4.82% | 6.61% | -1.79% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.82% | 6.28% | -1.46% |
IGCB vs. VCIT - Expense Ratio Comparison
IGCB has a 0.35% expense ratio, which is higher than VCIT's 0.03% expense ratio.
Dividends
IGCB vs. VCIT - Dividend Comparison
IGCB's dividend yield for the trailing twelve months is around 4.75%, less than VCIT's 4.80% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IGCB TCW Corporate Bond ETF | 4.75% | 4.52% | 0.66% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
VCIT Vanguard Intermediate-Term Corporate Bond ETF | 4.80% | 4.62% | 4.43% | 3.72% | 3.03% | 2.87% | 2.78% | 3.37% | 3.61% | 3.21% | 3.29% | 3.34% |
Frequently Asked Questions
IGCB and VCIT have a correlation of 0.85, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
VCIT has higher volatility (1.38%) compared to IGCB (1.35%). In terms of maximum drawdown, IGCB dropped -4.20% vs VCIT's -20.56%.
On 1-year performance, VCIT leads with 6.13% vs 5.37% for IGCB. On fees, VCIT is cheaper at 0.03% 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, VCIT has performed better with a 6.13% return vs 5.37%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
VCIT is cheaper with a 0.03% expense ratio, compared with 0.35% for IGCB.
VCIT has the higher dividend yield at 4.80%, compared with 4.75% for IGCB.
IGCB tracks Actively Managed, while VCIT tracks Bloomberg U.S. 5-10 Year Corporate Bond Index. They also come from different issuers: TCW and Vanguard. Their fees differ too: 0.35% for IGCB and 0.03% for VCIT.
VCIT currently has the higher Sharpe Ratio (1.50 vs 1.38), 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.
Find the right allocation for IGCB and VCIT
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer