IIGD vs. GSIG
Compare and contrast key facts about Invesco Investment Grade Defensive ETF (IIGD) and Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF (GSIG).
IIGD and GSIG are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. IIGD is a passively managed fund by Invesco that tracks the performance of the Invesco Investment Grade Defensive Index. It was launched on Jul 25, 2018. GSIG is a passively managed fund by Goldman Sachs that tracks the performance of the FTSE Goldman Sachs US Investment-Grade Corporate Bond 1-5 Years Index. It was launched on Jul 7, 2020. Both IIGD and GSIG 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: IIGD or GSIG.
Correlation
The correlation between IIGD and GSIG is 0.92, 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
IIGD vs. GSIG - Performance Comparison
Key characteristics
IIGD:
1.56
GSIG:
2.32
IIGD:
2.26
GSIG:
3.47
IIGD:
1.28
GSIG:
1.45
IIGD:
1.05
GSIG:
3.29
IIGD:
5.38
GSIG:
10.57
IIGD:
0.92%
GSIG:
0.52%
IIGD:
3.17%
GSIG:
2.34%
IIGD:
-11.43%
GSIG:
-9.57%
IIGD:
-0.84%
GSIG:
-0.09%
Returns By Period
In the year-to-date period, IIGD achieves a 0.56% return, which is significantly higher than GSIG's 0.53% return.
IIGD
0.56%
0.71%
2.23%
4.80%
1.22%
N/A
GSIG
0.53%
0.71%
2.55%
5.29%
N/A
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
IIGD vs. GSIG - Expense Ratio Comparison
IIGD has a 0.13% expense ratio, which is lower than GSIG's 0.14% 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
IIGD vs. GSIG — Risk-Adjusted Performance Rank
IIGD
GSIG
IIGD vs. GSIG - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Investment Grade Defensive ETF (IIGD) and Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF (GSIG). 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
IIGD vs. GSIG - Dividend Comparison
IIGD's dividend yield for the trailing twelve months is around 4.14%, less than GSIG's 4.56% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|---|
IIGD Invesco Investment Grade Defensive ETF | 4.14% | 4.13% | 3.74% | 1.73% | 1.78% | 3.21% | 2.62% | 1.23% |
GSIG Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF | 4.56% | 4.59% | 3.51% | 2.21% | 1.04% | 0.46% | 0.00% | 0.00% |
Drawdowns
IIGD vs. GSIG - Drawdown Comparison
The maximum IIGD drawdown since its inception was -11.43%, which is greater than GSIG's maximum drawdown of -9.57%. Use the drawdown chart below to compare losses from any high point for IIGD and GSIG. For additional features, visit the drawdowns tool.
Volatility
IIGD vs. GSIG - Volatility Comparison
Invesco Investment Grade Defensive ETF (IIGD) has a higher volatility of 0.86% compared to Goldman Sachs Access Investment Grade Corporate 1-5 Year Bond ETF (GSIG) at 0.57%. This indicates that IIGD's price experiences larger fluctuations and is considered to be riskier than GSIG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.