IGHG vs. IBDR
Compare and contrast key facts about ProShares Investment Grade-Interest Rate Hedged (IGHG) and iShares iBonds Dec 2026 Term Corporate ETF (IBDR).
IGHG and IBDR are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IGHG is a passively managed fund by ProShares that tracks the performance of the Citi Corporate Investment Grade (Treasury Rate-Hedged) Index. It was launched on Nov 5, 2013. IBDR is a passively managed fund by iShares that tracks the performance of the Barclays December 2026 Maturity Corporate Index. It was launched on Sep 13, 2016. Both IGHG and IBDR 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
IGHG vs. IBDR - Performance Comparison
Loading graphics...
IGHG vs. IBDR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IGHG ProShares Investment Grade-Interest Rate Hedged | -0.14% | 5.65% | 9.20% | 11.58% | -0.90% | 0.88% | 0.61% | 12.73% | -3.96% | 4.49% |
IBDR iShares iBonds Dec 2026 Term Corporate ETF | 0.72% | 4.99% | 4.98% | 5.96% | -8.28% | -1.79% | 8.88% | 14.81% | -2.80% | 5.96% |
Returns By Period
In the year-to-date period, IGHG achieves a -0.14% return, which is significantly lower than IBDR's 0.72% return.
IGHG
- 1D
- 0.59%
- 1M
- 0.46%
- YTD
- -0.14%
- 6M
- 0.80%
- 1Y
- 6.35%
- 3Y*
- 8.08%
- 5Y*
- 4.75%
- 10Y*
- 4.67%
IBDR
- 1D
- 0.04%
- 1M
- 0.21%
- YTD
- 0.72%
- 6M
- 1.84%
- 1Y
- 4.40%
- 3Y*
- 4.81%
- 5Y*
- 1.63%
- 10Y*
- —
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
IGHG vs. IBDR - Expense Ratio Comparison
IGHG has a 0.30% expense ratio, which is higher than IBDR's 0.10% expense ratio.
Return for Risk
IGHG vs. IBDR — Risk / Return Rank
IGHG
IBDR
IGHG vs. IBDR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Investment Grade-Interest Rate Hedged (IGHG) and iShares iBonds Dec 2026 Term Corporate ETF (IBDR). 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.
| IGHG | IBDR | Difference | |
|---|---|---|---|
Sharpe ratioReturn per unit of total volatility | 1.48 | 5.39 | -3.91 |
Sortino ratioReturn per unit of downside risk | 2.22 | 9.54 | -7.32 |
Omega ratioGain probability vs. loss probability | 1.28 | 2.66 | -1.38 |
Calmar ratioReturn relative to maximum drawdown | 2.67 | 11.93 | -9.26 |
Martin ratioReturn relative to average drawdown | 10.52 | 82.60 | -72.08 |
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 graphics...
Sharpe Ratios by Period
| IGHG | IBDR | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.48 | 5.39 | -3.91 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.94 | 0.48 | +0.47 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.63 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.51 | 0.60 | -0.09 |
Correlation
The correlation between IGHG and IBDR is 0.03, 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
IGHG vs. IBDR - Dividend Comparison
IGHG's dividend yield for the trailing twelve months is around 5.18%, more than IBDR's 4.18% yield.
| TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IGHG ProShares Investment Grade-Interest Rate Hedged | 5.18% | 5.14% | 5.06% | 4.99% | 3.55% | 2.50% | 2.79% | 3.48% | 4.13% | 3.36% | 3.37% | 3.65% |
IBDR iShares iBonds Dec 2026 Term Corporate ETF | 4.18% | 4.20% | 4.13% | 3.41% | 2.44% | 2.11% | 2.61% | 3.25% | 3.56% | 3.22% | 0.86% | 0.00% |
Drawdowns
IGHG vs. IBDR - Drawdown Comparison
The maximum IGHG drawdown since its inception was -25.16%, which is greater than IBDR's maximum drawdown of -16.06%. Use the drawdown chart below to compare losses from any high point for IGHG and IBDR.
Loading graphics...
Drawdown Indicators
| IGHG | IBDR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -25.16% | -16.06% | -9.10% |
Max Drawdown (1Y)Largest decline over 1 year | -2.30% | -0.37% | -1.93% |
Max Drawdown (5Y)Largest decline over 5 years | -8.75% | -13.13% | +4.38% |
Max Drawdown (10Y)Largest decline over 10 years | -25.16% | — | — |
Current DrawdownCurrent decline from peak | -1.00% | 0.00% | -1.00% |
Average DrawdownAverage peak-to-trough decline | -2.33% | -2.89% | +0.56% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.58% | 0.05% | +0.53% |
Volatility
IGHG vs. IBDR - Volatility Comparison
ProShares Investment Grade-Interest Rate Hedged (IGHG) has a higher volatility of 1.20% compared to iShares iBonds Dec 2026 Term Corporate ETF (IBDR) at 0.15%. This indicates that IGHG's price experiences larger fluctuations and is considered to be riskier than IBDR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading graphics...
Volatility by Period
| IGHG | IBDR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.20% | 0.15% | +1.05% |
Volatility (6M)Calculated over the trailing 6-month period | 2.87% | 0.38% | +2.49% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.31% | 0.82% | +3.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.06% | 3.43% | +1.63% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 7.48% | 4.91% | +2.57% |