IGLB vs. GTO
Compare and contrast key facts about iShares 10+ Year Investment Grade Corporate Bond ETF (IGLB) and Invesco Total Return Bond ETF (GTO).
IGLB and GTO are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IGLB is a passively managed fund by iShares that tracks the performance of the ICE BofAML10+ Year US Corporate Index. It was launched on Dec 8, 2009. GTO is an actively managed fund by Invesco. It was launched on Feb 10, 2016.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IGLB or GTO.
Correlation
The correlation between IGLB and GTO is 0.05, 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
IGLB vs. GTO - Performance Comparison
Key characteristics
IGLB:
0.51
GTO:
1.25
IGLB:
0.77
GTO:
1.82
IGLB:
1.09
GTO:
1.22
IGLB:
0.24
GTO:
0.47
IGLB:
1.33
GTO:
3.17
IGLB:
4.37%
GTO:
1.98%
IGLB:
11.28%
GTO:
5.01%
IGLB:
-34.12%
GTO:
-20.61%
IGLB:
-19.28%
GTO:
-7.27%
Returns By Period
In the year-to-date period, IGLB achieves a 1.42% return, which is significantly lower than GTO's 1.70% return.
IGLB
1.42%
-0.11%
-0.82%
6.91%
-2.10%
1.91%
GTO
1.70%
0.05%
1.08%
6.91%
0.41%
N/A
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IGLB vs. GTO - Expense Ratio Comparison
IGLB has a 0.06% expense ratio, which is lower than GTO's 0.50% expense ratio.
Risk-Adjusted Performance
IGLB vs. GTO — Risk-Adjusted Performance Rank
IGLB
GTO
IGLB vs. GTO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares 10+ Year Investment Grade Corporate Bond ETF (IGLB) and Invesco Total Return Bond ETF (GTO). 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.
Dividends
IGLB vs. GTO - Dividend Comparison
IGLB's dividend yield for the trailing twelve months is around 5.15%, more than GTO's 4.45% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IGLB iShares 10+ Year Investment Grade Corporate Bond ETF | 5.15% | 5.10% | 4.59% | 4.56% | 3.16% | 3.22% | 3.73% | 4.56% | 3.94% | 4.21% | 4.58% | 4.12% |
GTO Invesco Total Return Bond ETF | 4.45% | 4.42% | 4.05% | 3.47% | 1.93% | 4.04% | 2.97% | 5.25% | 2.81% | 2.84% | 0.00% | 0.00% |
Drawdowns
IGLB vs. GTO - Drawdown Comparison
The maximum IGLB drawdown since its inception was -34.12%, which is greater than GTO's maximum drawdown of -20.61%. Use the drawdown chart below to compare losses from any high point for IGLB and GTO. For additional features, visit the drawdowns tool.
Volatility
IGLB vs. GTO - Volatility Comparison
iShares 10+ Year Investment Grade Corporate Bond ETF (IGLB) has a higher volatility of 6.27% compared to Invesco Total Return Bond ETF (GTO) at 2.28%. This indicates that IGLB's price experiences larger fluctuations and is considered to be riskier than GTO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.