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IGIB vs. IGSB
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between IGIB and IGSB is 0.04, 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.


Performance

IGIB vs. IGSB - Performance Comparison

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

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Key characteristics

Sharpe Ratio

IGIB:

1.45

IGSB:

2.93

Sortino Ratio

IGIB:

2.08

IGSB:

4.46

Omega Ratio

IGIB:

1.26

IGSB:

1.61

Calmar Ratio

IGIB:

0.88

IGSB:

5.43

Martin Ratio

IGIB:

4.84

IGSB:

15.85

Ulcer Index

IGIB:

1.67%

IGSB:

0.46%

Daily Std Dev

IGIB:

5.53%

IGSB:

2.46%

Max Drawdown

IGIB:

-20.77%

IGSB:

-13.38%

Current Drawdown

IGIB:

-1.54%

IGSB:

0.00%

Returns By Period

In the year-to-date period, IGIB achieves a 3.51% return, which is significantly higher than IGSB's 2.94% return. Over the past 10 years, IGIB has outperformed IGSB with an annualized return of 2.75%, while IGSB has yielded a comparatively lower 2.43% annualized return.


IGIB

YTD

3.51%

1M

0.73%

6M

1.88%

1Y

7.50%

3Y*

3.94%

5Y*

0.95%

10Y*

2.75%

IGSB

YTD

2.94%

1M

0.44%

6M

2.77%

1Y

6.99%

3Y*

4.29%

5Y*

2.12%

10Y*

2.43%

*Annualized

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IGIB vs. IGSB - Expense Ratio Comparison

Both IGIB and IGSB have an expense ratio of 0.06%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.


Go deeper with the Portfolio Analysis tool — backtest performance, assess risk, compare to benchmarks, and more

Risk-Adjusted Performance

IGIB vs. IGSB — Risk-Adjusted Performance Rank

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

IGIB
The Risk-Adjusted Performance Rank of IGIB is 8484
Overall Rank
The Sharpe Ratio Rank of IGIB is 8888
Sharpe Ratio Rank
The Sortino Ratio Rank of IGIB is 8989
Sortino Ratio Rank
The Omega Ratio Rank of IGIB is 8585
Omega Ratio Rank
The Calmar Ratio Rank of IGIB is 7676
Calmar Ratio Rank
The Martin Ratio Rank of IGIB is 8383
Martin Ratio Rank

IGSB
The Risk-Adjusted Performance Rank of IGSB is 9797
Overall Rank
The Sharpe Ratio Rank of IGSB is 9898
Sharpe Ratio Rank
The Sortino Ratio Rank of IGSB is 9898
Sortino Ratio Rank
The Omega Ratio Rank of IGSB is 9797
Omega Ratio Rank
The Calmar Ratio Rank of IGSB is 9898
Calmar Ratio Rank
The Martin Ratio Rank of IGSB is 9696
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

IGIB vs. IGSB - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Intermediate-Term Corporate Bond ETF (IGIB) and iShares Short-Term 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.


The current IGIB Sharpe Ratio is 1.45, which is lower than the IGSB Sharpe Ratio of 2.93. The chart below compares the historical Sharpe Ratios of IGIB and IGSB, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Go to the full Sharpe Ratio tool to analyze any stock or portfolio. Customize time frames, set your own risk-free rate, and more

Dividends

IGIB vs. IGSB - Dividend Comparison

IGIB's dividend yield for the trailing twelve months is around 4.47%, more than IGSB's 4.19% yield.


TTM20242023202220212020201920182017201620152014
IGIB
iShares Intermediate-Term Corporate Bond ETF
4.47%4.41%3.78%3.04%2.33%2.74%3.44%3.41%2.51%2.45%2.51%2.46%
IGSB
iShares Short-Term Corporate Bond ETF
4.19%4.02%3.26%2.07%1.82%2.37%3.07%2.46%1.65%1.45%1.18%0.94%

Drawdowns

IGIB vs. IGSB - Drawdown Comparison

The maximum IGIB drawdown since its inception was -20.77%, 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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Go to the full Drawdowns tool for more analysis options, including inflation-adjusted drawdowns, and more

Volatility

IGIB vs. IGSB - Volatility Comparison

iShares Intermediate-Term Corporate Bond ETF (IGIB) has a higher volatility of 1.57% compared to iShares Short-Term Corporate Bond ETF (IGSB) at 0.71%. 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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