IGSB vs. OEF
IGSB (iShares Short-Term Corporate Bond ETF) and OEF (iShares S&P 100 ETF) are both exchange-traded funds - IGSB is a Corporate Bonds fund tracking the ICE BofAML 1-5 Year US Corporate Index, while OEF is a Large Cap Blend Equities fund tracking the S&P 100 Index. Both are passively managed. Over the past 10 years, IGSB returned 2.74%/yr vs 16.78%/yr for OEF. At a 0.05 correlation, their price movements are largely independent. IGSB charges 0.06%/yr vs 0.20%/yr for OEF.
Performance
IGSB vs. OEF - Performance Comparison
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Returns By Period
In the year-to-date period, IGSB achieves a 0.93% return, which is significantly lower than OEF's 8.71% return. Over the past 10 years, IGSB has underperformed OEF with an annualized return of 2.74%, while OEF has yielded a comparatively higher 16.78% annualized return.
IGSB
- 1D
- 0.06%
- 1M
- 0.61%
- YTD
- 0.93%
- 6M
- 1.24%
- 1Y
- 4.76%
- 3Y*
- 5.77%
- 5Y*
- 2.49%
- 10Y*
- 2.74%
OEF
- 1D
- 2.03%
- 1M
- 0.66%
- YTD
- 8.71%
- 6M
- 9.60%
- 1Y
- 28.24%
- 3Y*
- 23.02%
- 5Y*
- 15.42%
- 10Y*
- 16.78%
IGSB vs. OEF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
IGSB iShares Short-Term Corporate Bond ETF | 0.93% | 6.96% | 4.97% | 6.40% | -5.63% | -0.56% | 5.37% | 7.11% | 1.25% | 1.27% |
OEF iShares S&P 100 ETF | 8.71% | 19.80% | 30.74% | 32.71% | -21.03% | 29.18% | 21.21% | 31.87% | -4.16% | 21.82% |
Correlation
The correlation between IGSB and OEF is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.31 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.24 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.27 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Jan 11, 2007 | 0.05 |
Over the past year, IGSB and OEF have become more correlated (0.31) than their long-term average of 0.05, meaning their price movements have been converging.
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Return for Risk
IGSB vs. OEF — Risk / Return Rank
IGSB
OEF
IGSB vs. OEF - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Short-Term Corporate Bond ETF (IGSB) and iShares S&P 100 ETF (OEF). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| IGSB | OEF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.36 | ||
| Sortino ratioReturn per unit of downside risk | +1.03 | ||
| Omega ratioGain probability vs. loss probability | 1.51 | 1.39 | +0.12 |
| Calmar ratioReturn relative to maximum drawdown | 3.28 | 2.57 | +0.71 |
| Martin ratioReturn relative to average drawdown | 13.21 | 10.52 | +2.69 |
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Drawdowns
IGSB vs. OEF - Drawdown Comparison
The maximum IGSB drawdown since its inception was -13.38%, smaller than the maximum OEF drawdown of -54.11%. Use the drawdown chart below to compare losses from any high point for IGSB and OEF.
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Drawdown Indicators
| IGSB | OEF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -13.38% | -54.11% | +40.73% |
Max Drawdown (1Y)Largest decline over 1 year | -1.46% | -11.06% | +9.60% |
Max Drawdown (3Y)Largest decline over 3 years | -1.46% | -19.80% | +18.34% |
Max Drawdown (5Y)Largest decline over 5 years | -9.46% | -26.47% | +17.01% |
Max Drawdown (10Y)Largest decline over 10 years | -13.38% | -31.44% | +18.06% |
Current DrawdownCurrent decline from peak | -0.11% | -1.67% | +1.56% |
Average DrawdownAverage peak-to-trough decline | -0.85% | -11.74% | +10.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.36% | 2.69% | -2.33% |
Volatility
IGSB vs. OEF - Volatility Comparison
The current volatility for iShares Short-Term Corporate Bond ETF (IGSB) is 0.66%, while iShares S&P 100 ETF (OEF) has a volatility of 4.96%. This indicates that IGSB experiences smaller price fluctuations and is considered to be less risky than OEF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| IGSB | OEF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.66% | 4.96% | -4.30% |
Volatility (6M)Calculated over the trailing 6-month period | 1.46% | 10.42% | -8.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 1.92% | 13.29% | -11.37% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 2.94% | 17.79% | -14.85% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.47% | 18.49% | -15.02% |
IGSB vs. OEF - Expense Ratio Comparison
IGSB has a 0.06% expense ratio, which is lower than OEF's 0.20% 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%.
Dividends
IGSB vs. OEF - Dividend Comparison
IGSB's dividend yield for the trailing twelve months is around 4.57%, more than OEF's 1.04% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IGSB iShares Short-Term Corporate Bond ETF | 4.57% | 4.44% | 4.02% | 3.26% | 2.07% | 1.82% | 2.36% | 3.06% | 2.46% | 1.65% | 1.45% | 1.18% |
OEF iShares S&P 100 ETF | 1.04% | 0.81% | 1.03% | 1.19% | 1.55% | 1.06% | 1.43% | 1.87% | 2.09% | 1.81% | 2.07% | 2.11% |
Frequently Asked Questions
IGSB and OEF have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
OEF has higher volatility (4.96%) compared to IGSB (0.66%). In terms of maximum drawdown, IGSB dropped -13.38% vs OEF's -54.11%.
On 10-year performance, OEF leads with 16.78% vs 2.74% for IGSB. On fees, IGSB is cheaper at 0.06% per year. On volatility, IGSB has been the lower-risk option at 0.66%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, OEF has performed better with a 16.78% return vs 2.74%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IGSB is cheaper with a 0.06% expense ratio, compared with 0.20% for OEF.
IGSB has the higher dividend yield at 4.57%, compared with 1.04% for OEF.
IGSB is categorized as Corporate Bonds, while OEF is Large Cap Blend Equities. IGSB tracks ICE BofAML 1-5 Year US Corporate Index, while OEF tracks S&P 100 Index. Their fees differ too: 0.06% for IGSB and 0.20% for OEF.
IGSB currently has the higher Sharpe Ratio (2.50 vs 2.14), 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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