IGSB vs. IVV
Compare and contrast key facts about iShares Short-Term Corporate Bond ETF (IGSB) and iShares Core S&P 500 ETF (IVV).
IGSB and IVV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IGSB is a passively managed fund by iShares that tracks the performance of the ICE BofAML 1-5 Year US Corporate Index. It was launched on Jan 11, 2007. IVV is a passively managed fund by iShares that tracks the performance of the S&P 500 Index. It was launched on May 15, 2000. Both IGSB and IVV 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: IGSB or IVV.
Key characteristics
| IGSB | IVV | |
|---|---|---|
| YTD Return | 0.65% | 9.97% |
| 1Y Return | 4.44% | 28.55% |
| 3Y Return (Ann) | 0.16% | 9.44% |
| 5Y Return (Ann) | 1.89% | 14.74% |
| 10Y Return (Ann) | 1.78% | 12.82% |
| Sharpe Ratio | 1.42 | 2.46 |
| Daily Std Dev | 2.95% | 11.56% |
| Max Drawdown | -13.38% | -55.25% |
| Current Drawdown | -0.14% | -0.41% |
Correlation
The correlation between IGSB and IVV is 0.03, 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
IGSB vs. IVV - Performance Comparison
In the year-to-date period, IGSB achieves a 0.65% return, which is significantly lower than IVV's 9.97% return. Over the past 10 years, IGSB has underperformed IVV with an annualized return of 1.78%, while IVV has yielded a comparatively higher 12.82% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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IGSB vs. IVV - Expense Ratio Comparison
IGSB has a 0.06% expense ratio, which is higher than IVV's 0.03% expense ratio. However, 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
IGSB vs. IVV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Short-Term Corporate Bond ETF (IGSB) and iShares Core S&P 500 ETF (IVV). 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
IGSB vs. IVV - Dividend Comparison
IGSB's dividend yield for the trailing twelve months is around 3.56%, more than IVV's 1.32% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IGSB iShares Short-Term Corporate Bond ETF | 3.56% | 3.26% | 2.06% | 1.82% | 2.36% | 3.06% | 2.46% | 1.65% | 1.45% | 1.18% | 0.94% | 1.17% |
IVV iShares Core S&P 500 ETF | 1.32% | 1.44% | 1.66% | 1.20% | 1.57% | 1.99% | 2.20% | 1.75% | 2.01% | 2.26% | 1.82% | 1.80% |
Drawdowns
IGSB vs. IVV - Drawdown Comparison
The maximum IGSB drawdown since its inception was -13.38%, smaller than the maximum IVV drawdown of -55.25%. Use the drawdown chart below to compare losses from any high point for IGSB and IVV. For additional features, visit the drawdowns tool.
Volatility
IGSB vs. IVV - Volatility Comparison
The current volatility for iShares Short-Term Corporate Bond ETF (IGSB) is 0.63%, while iShares Core S&P 500 ETF (IVV) has a volatility of 3.63%. This indicates that IGSB experiences smaller price fluctuations and is considered to be less risky than IVV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.