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IGIB vs. BBBL
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

IGIB vs. BBBL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Intermediate-Term Corporate Bond ETF (IGIB) and Bondbloxx BBB Rated 10+ Year Corporate Bond ETF (BBBL). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, IGIB achieves a 0.21% return, which is significantly lower than BBBL's 1.22% return.


IGIB

1D
-0.19%
1M
0.31%
YTD
0.21%
6M
0.14%
1Y
6.27%
3Y*
6.21%
5Y*
1.37%
10Y*
3.04%

BBBL

1D
-0.39%
1M
1.64%
YTD
1.22%
6M
0.19%
1Y
7.90%
3Y*
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

IGIB vs. BBBL - Yearly Performance Comparison


Correlation

The correlation between IGIB and BBBL is 0.92, 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

0.92

Correlation (All Time)
Calculated using the full available price history since Jan 26, 2024

0.93

The correlation between IGIB and BBBL has been stable across timeframes, ranging from 0.92 to 0.93 - a consistent structural relationship.

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Return for Risk

IGIB vs. BBBL — Risk / Return Rank

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

IGIB
IGIB Risk / Return Rank: 4242
Overall Rank
IGIB Sharpe Ratio Rank: 4242
Sharpe Ratio Rank
IGIB Sortino Ratio Rank: 4444
Sortino Ratio Rank
IGIB Omega Ratio Rank: 4141
Omega Ratio Rank
IGIB Calmar Ratio Rank: 4242
Calmar Ratio Rank
IGIB Martin Ratio Rank: 4343
Martin Ratio Rank

BBBL
BBBL Risk / Return Rank: 2828
Overall Rank
BBBL Sharpe Ratio Rank: 2828
Sharpe Ratio Rank
BBBL Sortino Ratio Rank: 2727
Sortino Ratio Rank
BBBL Omega Ratio Rank: 2727
Omega Ratio Rank
BBBL Calmar Ratio Rank: 3030
Calmar Ratio Rank
BBBL Martin Ratio Rank: 2727
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.

IGIB vs. BBBL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Intermediate-Term Corporate Bond ETF (IGIB) and Bondbloxx BBB Rated 10+ Year Corporate Bond ETF (BBBL). 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.


IGIBBBBLDifference
Sharpe ratioReturn per unit of total volatility

+0.51

Sortino ratioReturn per unit of downside risk

+0.78

Omega ratioGain probability vs. loss probability

1.27

1.18

+0.09

Calmar ratioReturn relative to maximum drawdown

2.09

1.46

+0.63

Martin ratioReturn relative to average drawdown

7.08

3.65

+3.43

IGIB vs. BBBL - Sharpe Ratio Comparison

The current IGIB Sharpe Ratio is 1.52, which is higher than the BBBL Sharpe Ratio of 1.01. The chart below compares the historical Sharpe Ratios of IGIB and BBBL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Sharpe Ratios by Period


IGIBBBBLDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.52

1.01

+0.51

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

0.21

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.50

Sharpe Ratio (All Time)

Calculated using the full available price history

0.70

0.39

+0.30

Drawdowns

IGIB vs. BBBL - Drawdown Comparison

The maximum IGIB drawdown since its inception was -20.62%, which is greater than BBBL's maximum drawdown of -9.43%. Use the drawdown chart below to compare losses from any high point for IGIB and BBBL.


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Drawdown Indicators


IGIBBBBLDifference

Max Drawdown

Largest peak-to-trough decline

-20.62%

-9.43%

-11.19%

Max Drawdown (1Y)

Largest decline over 1 year

-3.01%

-5.45%

+2.44%

Max Drawdown (3Y)

Largest decline over 3 years

-6.05%

Max Drawdown (5Y)

Largest decline over 5 years

-20.62%

Max Drawdown (10Y)

Largest decline over 10 years

-20.62%

Current Drawdown

Current decline from peak

-1.33%

-1.89%

+0.56%

Average Drawdown

Average peak-to-trough decline

-2.58%

-3.31%

+0.73%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.89%

2.17%

-1.28%

Volatility

IGIB vs. BBBL - Volatility Comparison

The current volatility for iShares Intermediate-Term Corporate Bond ETF (IGIB) is 1.33%, while Bondbloxx BBB Rated 10+ Year Corporate Bond ETF (BBBL) has a volatility of 2.45%. This indicates that IGIB experiences smaller price fluctuations and is considered to be less risky than BBBL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


IGIBBBBLDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.33%

2.45%

-1.12%

Volatility (6M)

Calculated over the trailing 6-month period

3.08%

5.75%

-2.67%

Volatility (1Y)

Calculated over the trailing 1-year period

4.14%

7.86%

-3.72%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

6.56%

9.80%

-3.24%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

6.06%

9.80%

-3.74%

IGIB vs. BBBL - Expense Ratio Comparison

IGIB has a 0.06% expense ratio, which is lower than BBBL's 0.19% expense ratio. Despite the difference, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


Dividends

IGIB vs. BBBL - Dividend Comparison

IGIB's dividend yield for the trailing twelve months is around 4.82%, less than BBBL's 5.74% yield.


PositionTTM20252024202320222021202020192018201720162015
BBBL
Bondbloxx BBB Rated 10+ Year Corporate Bond ETF
5.74%5.77%5.19%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
IGIB
iShares Intermediate-Term Corporate Bond ETF
4.82%4.59%4.41%3.78%3.04%2.52%2.74%3.44%3.41%2.51%2.45%2.51%

Frequently Asked Questions


With a correlation of 0.92, IGIB and BBBL move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

BBBL has higher volatility (2.45%) compared to IGIB (1.33%). In terms of maximum drawdown, IGIB dropped -20.62% vs BBBL's -9.43%.

On 1-year performance, BBBL leads with 7.90% vs 6.27% for IGIB. On fees, IGIB is cheaper at 0.06% per year. On volatility, IGIB has been the lower-risk option at 1.33%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 1-year period, BBBL has performed better with a 7.90% return vs 6.27%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

IGIB is cheaper with a 0.06% expense ratio, compared with 0.19% for BBBL.

BBBL has the higher dividend yield at 5.74%, compared with 4.82% for IGIB.

IGIB is categorized as Corporate Bonds, while BBBL is Long-Term Bond. IGIB tracks Bloomberg Barclays U.S. Intermediate Credit Index, while BBBL tracks Bloomberg U.S. Corporate BBB 10+ Year Index - Benchmark TR Gross. They also come from different issuers: iShares and BondBloxx. Their fees differ too: 0.06% for IGIB and 0.19% for BBBL.

IGIB currently has the higher Sharpe Ratio (1.52 vs 1.01), 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.

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