VGIT vs. IGIB
VGIT (Vanguard Intermediate-Term Treasury ETF) and IGIB (iShares 5-10 Year Investment Grade Corporate Bond ETF) are both exchange-traded funds - VGIT is a Government Bonds fund tracking the Bloomberg U.S. Treasury 3-10 Year Index, while IGIB is a Corporate Bonds fund tracking the ICE BofA 5-10 Year US Corporate Index. Both are passively managed. Over the past 10 years, VGIT returned 1.16%/yr vs 2.90%/yr for IGIB. Their 0.78 correlation means they have sometimes moved together and sometimes differently. VGIT charges 0.03%/yr vs 0.04%/yr for IGIB.
Performance
VGIT vs. IGIB - Performance Comparison
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Returns By Period
In the year-to-date period, VGIT achieves a -0.25% return, which is significantly lower than IGIB's 0.11% return. Over the past 10 years, VGIT has underperformed IGIB with an annualized return of 1.16%, while IGIB has yielded a comparatively higher 2.90% annualized return.
VGIT
- 1D
- 0.05%
- 1M
- -0.26%
- 6M
- -0.10%
- YTD
- -0.25%
- 1Y
- 1.68%
- 3Y*
- 3.79%
- 5Y*
- -0.06%
- 10Y*
- 1.16%
- ALL TIME*
- 2.16%
IGIB
- 1D
- 0.01%
- 1M
- -0.66%
- 6M
- 0.00%
- YTD
- 0.11%
- 1Y
- 2.91%
- 3Y*
- 6.23%
- 5Y*
- 1.05%
- 10Y*
- 2.90%
- ALL TIME*
- 3.81%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $120.32M | $130.77M | $138.48M | |
| $147.99M | $146.59M | $177.38M |
VGIT vs. IGIB - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
VGIT Vanguard Intermediate-Term Treasury ETF | -0.25% | 7.34% | 1.39% | 4.28% | -10.53% | -2.64% | 7.71% | 6.19% | 1.35% | 1.70% |
IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF | 0.11% | 9.58% | 3.49% | 9.22% | -14.00% | -1.66% | 9.64% | 14.60% | -0.71% | 3.50% |
Correlation
The correlation between VGIT and IGIB is 0.92, meaning they have usually moved in the same direction, including during past declines.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.92 |
Correlation (3Y) Balances recent behavior with more history. | 0.93 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.91 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.85 |
Correlation (All Time) Calculated using the full available price history since Nov 23, 2009 | 0.78 |
The correlation between VGIT and IGIB shifts across timeframes, from 0.78 (all time) to 0.93 (3 years), reflecting how their relationship changes across market environments.
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Return for Risk
VGIT vs. IGIB — Risk / Return Rank
VGIT
IGIB
VGIT vs. IGIB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Vanguard Intermediate-Term Treasury ETF (VGIT) and iShares 5-10 Year Investment Grade Corporate Bond ETF (IGIB). 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.
| VGIT | IGIB | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.20 | ||
| Sortino ratioReturn per unit of downside risk | -0.28 | ||
| Omega ratioGain probability vs. loss probability | 1.09 | 1.12 | -0.04 |
| Calmar ratioReturn relative to maximum drawdown | 0.59 | 0.97 | -0.38 |
| Martin ratioReturn relative to average drawdown | 1.35 | 2.73 | -1.38 |
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Drawdowns
VGIT vs. IGIB - Drawdown Comparison
The maximum VGIT drawdown since its inception was -16.05%, smaller than the maximum IGIB drawdown of -20.62%. Use the drawdown chart below to compare losses from any high point for VGIT and IGIB.
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Drawdown Indicators
| VGIT | IGIB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -16.05% | -20.62% | +4.57% |
Max Drawdown (1Y)Largest decline over 1 year | -2.83% | -3.01% | +0.18% |
Max Drawdown (3Y)Largest decline over 3 years | -4.34% | -5.24% | +0.90% |
Max Drawdown (5Y)Largest decline over 5 years | -14.62% | -20.42% | +5.80% |
Max Drawdown (10Y)Largest decline over 10 years | -16.05% | -20.62% | +4.57% |
Current DrawdownCurrent decline from peak | -2.19% | -1.43% | -0.76% |
Average DrawdownAverage peak-to-trough decline | -3.51% | -2.57% | -0.94% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.24% | 1.07% | +0.17% |
Volatility
VGIT vs. IGIB - Volatility Comparison
The current volatility for Vanguard Intermediate-Term Treasury ETF (VGIT) is 0.84%, while iShares 5-10 Year Investment Grade Corporate Bond ETF (IGIB) has a volatility of 1.10%. This indicates that VGIT experiences smaller price fluctuations and is considered to be less risky than IGIB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| VGIT | IGIB | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.84% | 1.10% | -0.26% |
Volatility (6M)Calculated over the trailing 6-month period | 2.61% | 3.33% | -0.72% |
Volatility (1Y)Calculated over the trailing 1-year period | 3.21% | 4.06% | -0.85% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 5.39% | 6.58% | -1.19% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 4.49% | 6.07% | -1.58% |
VGIT vs. IGIB - Expense Ratio Comparison
VGIT has a 0.03% expense ratio, which is lower than IGIB's 0.04% 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
VGIT vs. IGIB - Dividend Comparison
VGIT's dividend yield for the trailing twelve months is around 3.89%, less than IGIB's 4.90% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF | 4.90% | 4.59% | 4.41% | 3.78% | 3.04% | 2.52% | 2.74% | 3.44% | 3.41% | 2.51% | 2.45% | 2.51% |
VGIT Vanguard Intermediate-Term Treasury ETF | 3.89% | 3.79% | 3.67% | 2.73% | 1.74% | 1.69% | 2.23% | 2.24% | 2.05% | 1.67% | 1.69% | 1.69% |
Frequently Asked Questions
With a correlation of 0.92, VGIT and IGIB move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
IGIB has higher volatility (1.10%) compared to VGIT (0.84%). In terms of maximum drawdown, VGIT dropped -16.05% vs IGIB's -20.62%.
On 10-year performance, IGIB leads with 2.90% vs 1.16% for VGIT. On fees, VGIT is cheaper at 0.03% per year. On volatility, VGIT has been the lower-risk option at 0.84%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 10-year period, IGIB has performed better with a 2.90% return vs 1.16%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
VGIT is cheaper with a 0.03% expense ratio, compared with 0.04% for IGIB.
IGIB has the higher dividend yield at 4.90%, compared with 3.89% for VGIT.
VGIT is categorized as Government Bonds, while IGIB is Corporate Bonds. VGIT tracks Bloomberg U.S. Treasury 3-10 Year Index, while IGIB tracks ICE BofA 5-10 Year US Corporate Index. They also come from different issuers: Vanguard and iShares. Their fees differ too: 0.03% for VGIT and 0.04% for IGIB.
IGIB currently has the higher Sharpe Ratio (0.72 vs 0.52), 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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