IGIB vs. IGSB
IGIB (iShares 5-10 Year Investment Grade Corporate Bond ETF) and IGSB (iShares 1-5 Year Investment Grade Corporate Bond ETF) are both Corporate Bonds funds from iShares - IGIB tracks the ICE BofA 5-10 Year US Corporate Index while IGSB tracks the ICE BofA 1-5 Year US Corporate Index. Both are passively managed. Over the past 10 years, IGIB returned 2.83%/yr vs 2.70%/yr for IGSB. Their 0.67 correlation means they have sometimes moved together and sometimes differently. Both charge a 0.04% expense ratio.
Performance
IGIB vs. IGSB - Performance Comparison
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Returns By Period
In the year-to-date period, IGIB achieves a -0.58% return, which is significantly lower than IGSB's 0.91% return. Both investments have delivered pretty close results over the past 10 years, with IGIB having a 2.83% annualized return and IGSB not far behind at 2.70%.
IGIB
- 1D
- -0.11%
- 1M
- -1.25%
- 6M
- -0.82%
- YTD
- -0.58%
- 1Y
- 2.30%
- 3Y*
- 6.00%
- 5Y*
- 0.81%
- 10Y*
- 2.83%
- ALL TIME*
- 3.78%
IGSB
- 1D
- -0.04%
- 1M
- -0.17%
- 6M
- 0.47%
- YTD
- 0.91%
- 1Y
- 3.16%
- 3Y*
- 5.60%
- 5Y*
- 2.41%
- 10Y*
- 2.70%
- ALL TIME*
- 2.82%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $126.40M | $138.65M | $139.19M | |
| $137.50M | $132.28M | $161.41M |
IGIB vs. IGSB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF | -0.58% | 9.58% | 3.49% | 9.22% | -14.00% | -1.66% | 9.64% | 14.60% | -0.71% | 3.50% |
IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | 0.91% | 6.96% | 4.97% | 6.40% | -5.63% | -0.56% | 5.37% | 7.11% | 1.25% | 1.27% |
Correlation
The correlation between IGIB and IGSB is 0.93, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.93 |
Correlation (3Y) Balances recent behavior with more history. | 0.93 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.92 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.86 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2007 | 0.67 |
Over the past year, IGIB and IGSB have become more correlated (0.93) than their long-term average of 0.67, meaning their price movements have been converging.
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Return for Risk
IGIB vs. IGSB — Risk / Return Rank
IGIB
IGSB
IGIB vs. IGSB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares 5-10 Year Investment Grade Corporate Bond ETF (IGIB) and iShares 1-5 Year Investment Grade Corporate Bond ETF (IGSB). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| IGIB | IGSB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.14 | ||
| Sortino ratioReturn per unit of downside risk | -1.75 | ||
| Omega ratioGain probability vs. loss probability | 1.14 | 1.37 | -0.24 |
| Calmar ratioReturn relative to maximum drawdown | 1.06 | 2.56 | -1.50 |
| Martin ratioReturn relative to average drawdown | 3.03 | 10.07 | -7.04 |
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Drawdowns
IGIB vs. IGSB - Drawdown Comparison
The maximum IGIB drawdown since its inception was -20.62%, which is greater than IGSB's maximum drawdown of -13.38%. Use the drawdown chart below to compare losses from any high point for IGIB and IGSB.
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Drawdown Indicators
| IGIB | IGSB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.62% | -13.38% | -7.24% |
Max Drawdown (1Y)Largest decline over 1 year | -3.01% | -1.46% | -1.55% |
Max Drawdown (3Y)Largest decline over 3 years | -5.24% | -1.46% | -3.78% |
Max Drawdown (5Y)Largest decline over 5 years | -20.59% | -9.41% | -11.18% |
Max Drawdown (10Y)Largest decline over 10 years | -20.62% | -13.38% | -7.24% |
Current DrawdownCurrent decline from peak | -2.11% | -0.23% | -1.88% |
Average DrawdownAverage peak-to-trough decline | -2.57% | -0.85% | -1.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.05% | 0.37% | +0.68% |
Volatility
IGIB vs. IGSB - Volatility Comparison
iShares 5-10 Year Investment Grade Corporate Bond ETF (IGIB) has a higher volatility of 1.10% compared to iShares 1-5 Year Investment Grade Corporate Bond ETF (IGSB) at 0.51%. This indicates that IGIB's price experiences larger fluctuations and is considered to be riskier than IGSB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IGIB | IGSB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.10% | 0.51% | +0.59% |
Volatility (6M)Calculated over the trailing 6-month period | 3.29% | 1.57% | +1.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 4.12% | 1.95% | +2.17% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.57% | 2.95% | +3.62% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 6.07% | 3.47% | +2.60% |
IGIB vs. IGSB - Expense Ratio Comparison
Both IGIB and IGSB have an expense ratio of 0.04%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Dividends
IGIB vs. IGSB - Dividend Comparison
IGIB's dividend yield for the trailing twelve months is around 4.89%, more than IGSB's 4.60% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF | 4.49% | 4.59% | 4.41% | 3.78% | 3.04% | 2.52% | 2.74% | 3.44% | 3.41% | 2.51% | 2.45% | 2.51% |
IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF | 4.23% | 4.44% | 4.02% | 3.26% | 2.07% | 1.82% | 2.36% | 3.06% | 2.46% | 1.65% | 1.45% | 1.18% |
Frequently Asked Questions
With a correlation of 0.93, IGIB and IGSB 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.
IGIB has higher volatility (1.10%) compared to IGSB (0.51%). In terms of maximum drawdown, IGIB dropped -20.62% vs IGSB's -13.38%.
On 10-year performance, IGIB leads with 2.83% vs 2.70% for IGSB. Both ETFs have the same 0.04% expense ratio. On volatility, IGSB has been the lower-risk option at 0.51%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, IGIB has performed better with a 2.83% return vs 2.70%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IGIB and IGSB have the same expense ratio: 0.04% per year.
IGIB has the higher dividend yield at 4.49%, compared with 4.23% for IGSB.
IGIB tracks ICE BofA 5-10 Year US Corporate Index, while IGSB tracks ICE BofA 1-5 Year US Corporate Index.
IGSB currently has the higher Sharpe Ratio (1.91 vs 0.78), 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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