IGLB vs. IGEB
Compare and contrast key facts about iShares 10+ Year Investment Grade Corporate Bond ETF (IGLB) and iShares Investment Grade Bond Factor ETF (IGEB).
IGLB and IGEB 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. IGEB is a passively managed fund by iShares that tracks the performance of the BlackRock Investment Grade Enhanced Bond Index. It was launched on Jul 11, 2017. Both IGLB and IGEB are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: IGLB or IGEB.
Correlation
The correlation between IGLB and IGEB is 0.87, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.
Performance
IGLB vs. IGEB - Performance Comparison
Key characteristics
IGLB:
0.48
IGEB:
1.21
IGLB:
0.73
IGEB:
1.77
IGLB:
1.08
IGEB:
1.21
IGLB:
0.20
IGEB:
0.58
IGLB:
1.19
IGEB:
3.69
IGLB:
4.04%
IGEB:
1.75%
IGLB:
10.00%
IGEB:
5.36%
IGLB:
-34.12%
IGEB:
-21.30%
IGLB:
-17.96%
IGEB:
-3.46%
Returns By Period
In the year-to-date period, IGLB achieves a 3.08% return, which is significantly higher than IGEB's 2.36% return.
IGLB
3.08%
-0.30%
-2.18%
4.64%
0.13%
1.95%
IGEB
2.36%
0.09%
0.19%
6.22%
2.42%
N/A
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IGLB vs. IGEB - Expense Ratio Comparison
IGLB has a 0.06% expense ratio, which is lower than IGEB's 0.18% 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%.
Risk-Adjusted Performance
IGLB vs. IGEB — Risk-Adjusted Performance Rank
IGLB
IGEB
IGLB vs. IGEB - 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 iShares Investment Grade Bond Factor ETF (IGEB). 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. IGEB - Dividend Comparison
IGLB's dividend yield for the trailing twelve months is around 5.06%, which matches IGEB's 5.05% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IGLB iShares 10+ Year Investment Grade Corporate Bond ETF | 5.06% | 5.10% | 4.59% | 4.56% | 3.16% | 3.22% | 3.73% | 4.56% | 3.94% | 4.21% | 4.58% | 4.12% |
IGEB iShares Investment Grade Bond Factor ETF | 5.05% | 5.09% | 4.60% | 3.64% | 3.63% | 2.90% | 5.61% | 3.59% | 1.61% | 0.00% | 0.00% | 0.00% |
Drawdowns
IGLB vs. IGEB - Drawdown Comparison
The maximum IGLB drawdown since its inception was -34.12%, which is greater than IGEB's maximum drawdown of -21.30%. Use the drawdown chart below to compare losses from any high point for IGLB and IGEB. For additional features, visit the drawdowns tool.
Volatility
IGLB vs. IGEB - Volatility Comparison
iShares 10+ Year Investment Grade Corporate Bond ETF (IGLB) has a higher volatility of 2.24% compared to iShares Investment Grade Bond Factor ETF (IGEB) at 1.28%. This indicates that IGLB's price experiences larger fluctuations and is considered to be riskier than IGEB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.