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IGLB vs. ACWI
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IGLB vs. ACWI

Last updated Jun 4, 2026

IGLB (iShares 10+ Year Investment Grade Corporate Bond ETF) and ACWI (iShares MSCI ACWI ETF) are both exchange-traded funds - IGLB is a Corporate Bonds fund tracking the ICE BofAML10+ Year US Corporate Index, while ACWI is a Global Equities fund tracking the MSCI All Country World Index. Both are passively managed. Over the past 10 years, IGLB returned 2.28%/yr vs 12.85%/yr for ACWI. At a 0.04 correlation, their price movements are largely independent. IGLB charges 0.06%/yr vs 0.32%/yr for ACWI.

Performance

IGLB vs. ACWI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares 10+ Year Investment Grade Corporate Bond ETF (IGLB) and iShares MSCI ACWI ETF (ACWI). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, IGLB achieves a 0.84% return, which is significantly lower than ACWI's 12.13% return. Over the past 10 years, IGLB has underperformed ACWI with an annualized return of 2.28%, while ACWI has yielded a comparatively higher 12.85% annualized return.

IGLB

1D
-0.32%
1M
1.42%
YTD
0.84%
6M
-0.11%
1Y
7.79%
3Y*
4.53%
5Y*
-1.66%
10Y*
2.28%

ACWI

1D
-0.83%
1M
5.28%
YTD
12.13%
6M
12.96%
1Y
29.18%
3Y*
21.15%
5Y*
11.28%
10Y*
12.85%
*Multi-year figures are annualized to reflect compound growth (CAGR)

IGLB vs. ACWI - Yearly Performance Comparison

2026 (YTD)202520242023202220212020201920182017
IGLB
iShares 10+ Year Investment Grade Corporate Bond ETF		0.84%7.53%-1.50%11.03%-25.38%-1.68%13.30%23.19%-6.90%12.15%
ACWI
iShares MSCI ACWI ETF		12.13%22.41%17.45%22.27%-18.39%18.66%16.34%26.59%-9.19%24.33%

Correlation

The correlation between IGLB and ACWI is 0.43, which is low. Their price movements are largely independent, making them effective diversification partners.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.43

Correlation (3Y)
Calculated over the trailing 3-year period

0.37

Correlation (5Y)
Calculated over the trailing 5-year period

0.33

Correlation (10Y)
Calculated over the trailing 10-year period

0.22

Correlation (All Time)
Calculated using the full available price history since Dec 10, 2009

0.04

Over the past year, IGLB and ACWI have become more correlated (0.43) than their long-term average of 0.04, meaning their price movements have been converging.

Compare stocks, funds, or ETFs

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iShares 10+ Year Investment Grade Corporate Bond ETF

iShares MSCI ACWI ETF

Often compared with IGLB:
IGLB vs. VCLTIGLB vs. IGEBIGLB vs. SGOVIGLB vs. TLTIGLB vs. SPLBIGLB vs. LQDIGLB vs. GTO
Often compared with ACWI:
ACWI vs. VTACWI vs. SPYACWI vs. VWRL.LACWI vs. ACWXACWI vs. ACWI.LACWI vs. VOOACWI vs. VTI

Return for Risk

IGLB vs. ACWI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IGLB
IGLB Risk / Return Rank: 2727
Overall Rank
IGLB Sharpe Ratio Rank: 2727
Sharpe Ratio Rank
IGLB Sortino Ratio Rank: 2727
Sortino Ratio Rank
IGLB Omega Ratio Rank: 2525
Omega Ratio Rank
IGLB Calmar Ratio Rank: 3131
Calmar Ratio Rank
IGLB Martin Ratio Rank: 2727
Martin Ratio Rank
ACWI
ACWI Risk / Return Rank: 6666
Overall Rank
ACWI Sharpe Ratio Rank: 6868
Sharpe Ratio Rank
ACWI Sortino Ratio Rank: 6767
Sortino Ratio Rank
ACWI Omega Ratio Rank: 6767
Omega Ratio Rank
ACWI Calmar Ratio Rank: 5959
Calmar Ratio Rank
ACWI Martin Ratio Rank: 7171
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.

IGLB vs. ACWI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares 10+ Year Investment Grade Corporate Bond ETF (IGLB) and iShares MSCI ACWI ETF (ACWI). 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.

IGLBACWIDifference
Sharpe ratioReturn per unit of total volatility
1.00
2.29

-1.29

Sortino ratioReturn per unit of downside risk
1.46
3.17

-1.71

Omega ratioGain probability vs. loss probability

1.17

1.41

-0.24

Calmar ratioReturn relative to maximum drawdown

1.51

3.01

-1.50

Martin ratioReturn relative to average drawdown

3.79

13.53

-9.74

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

IGLB vs. ACWI - Sharpe Ratio Comparison

The current IGLB Sharpe Ratio is 1.00, which is lower than the ACWI Sharpe Ratio of 2.29. The chart below compares the historical Sharpe Ratios of IGLB and ACWI, 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

IGLBACWIDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.00

2.29

-1.29

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.13

0.71

-0.84

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.18

0.75

-0.57

Sharpe Ratio (All Time)

Calculated using the full available price history

0.38

0.43

-0.05

Drawdowns

IGLB vs. ACWI - Drawdown Comparison

The maximum IGLB drawdown since its inception was -34.12%, smaller than the maximum ACWI drawdown of -56.00%. Use the drawdown chart below to compare losses from any high point for IGLB and ACWI.

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Drawdown Indicators

IGLBACWIDifference

Max Drawdown

Largest peak-to-trough decline

-34.12%

-56.00%

+21.88%

Max Drawdown (1Y)

Largest decline over 1 year

-5.19%

-9.73%

+4.54%

Max Drawdown (3Y)

Largest decline over 3 years

-12.87%

-16.55%

+3.68%

Max Drawdown (5Y)

Largest decline over 5 years

-34.12%

-26.42%

-7.70%

Max Drawdown (10Y)

Largest decline over 10 years

-34.12%

-33.53%

-0.59%

Current Drawdown

Current decline from peak

-13.70%

-0.83%

-12.87%

Average Drawdown

Average peak-to-trough decline

-8.11%

-8.61%

+0.50%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.06%

2.16%

-0.10%

Volatility

IGLB vs. ACWI - Volatility Comparison

The current volatility for iShares 10+ Year Investment Grade Corporate Bond ETF (IGLB) is 2.32%, while iShares MSCI ACWI ETF (ACWI) has a volatility of 3.93%. This indicates that IGLB experiences smaller price fluctuations and is considered to be less risky than ACWI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

IGLBACWIDifference

Volatility (1M)

Calculated over the trailing 1-month period

2.32%

3.93%

-1.61%

Volatility (6M)

Calculated over the trailing 6-month period

5.70%

10.29%

-4.59%

Volatility (1Y)

Calculated over the trailing 1-year period

7.84%

12.78%

-4.94%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

12.39%

16.05%

-3.66%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

12.53%

17.11%

-4.58%

IGLB vs. ACWI - Expense Ratio Comparison

IGLB has a 0.06% expense ratio, which is lower than ACWI's 0.32% expense ratio.

Dividends

IGLB vs. ACWI - Dividend Comparison

IGLB's dividend yield for the trailing twelve months is around 5.26%, more than ACWI's 1.38% yield.

PositionTTM20252024202320222021202020192018201720162015
ACWI
iShares MSCI ACWI ETF		1.38%1.55%1.70%1.88%1.79%1.71%1.43%2.33%2.18%1.94%2.19%2.56%
IGLB
iShares 10+ Year Investment Grade Corporate Bond ETF		5.26%5.14%5.10%4.59%4.56%3.16%3.22%3.73%4.56%3.94%4.21%4.58%

Frequently Asked Questions

IGLB and ACWI have a correlation of 0.43, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

ACWI has higher volatility (3.93%) compared to IGLB (2.32%). In terms of maximum drawdown, IGLB dropped -34.12% vs ACWI's -56.00%.

On 10-year performance, ACWI leads with 12.85% vs 2.28% for IGLB. On fees, IGLB is cheaper at 0.06% per year. On volatility, IGLB has been the lower-risk option at 2.32%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 10-year period, ACWI has performed better with a 12.85% return vs 2.28%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

IGLB is cheaper with a 0.06% expense ratio, compared with 0.32% for ACWI.

IGLB has the higher dividend yield at 5.26%, compared with 1.38% for ACWI.

IGLB is categorized as Corporate Bonds, while ACWI is Global Equities. IGLB tracks ICE BofAML10+ Year US Corporate Index, while ACWI tracks MSCI All Country World Index. Their fees differ too: 0.06% for IGLB and 0.32% for ACWI.

ACWI currently has the higher Sharpe Ratio (2.29 vs 1.00), 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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