Fixed Income: U.S. - Corporate, Broad-based Investment Grade

IG Top Performer Intra-day
Price $25.46
Today’s Change 0.91%
1:26pm 05/24/2019
LQDI Bottom Performer Intra-day
Price $25.13
Today’s Change -0.12%
11:02am 05/24/2019

ETF.com Insight

With 17 ETFs and over $36.43B in combined AUM, the Fixed Income: U.S. - Corporate, Broad-based Investment Grade segment provides exposure to the U.S. space with a focus on Investment Grade securities.

Year-to-date, the best-performing ETF in the segment is the iShares Inflation Hedged Corporate Bond ETF (LQDI), with a total return of 7.12%. Meanwhile, the most popular ETF is the iShares iBoxx USD Investment Grade Corporate Bond ETF (LQD) with $31.03BB in assets under management.

Investors should take a look at the iShares iBoxx USD Investment Grade Corporate Bond ETF (LQD). This fund has been chosen as an Analyst Pick by FactSet, thus is the best ETF for the average investor. LQD tracks a market-weighted index of US corporate investment-grade bonds across the maturity spectrum. LQD has an expense ratio of 0.15% and tracks the Markit iBoxx USD Liquid Investment Grade Index.

Performance Dispersion

ETF.com Efficiency Insight

The average efficiency score in the Fixed Income: U.S. - Corporate, Broad-based Investment Grade segment is 90 out of 100, with the iShares Broad USD Investment Grade Corporate Bond ETF(USIG) obtaining the highest rating of 97 out of 100.

Costs dominate the discussion around efficiency. ETFs in the segment have an average expense ratio of 0.17% per year, with the SPDR Bloomberg Barclays Corporate Bond ETF (CBND) having the lowest expense ratio, charging investors 0.06% yearly.

Investors should look for funds with tight tracking, such as the iShares iBoxx USD Investment Grade Corporate Bond ETF (LQD), with a 12-month median tracking difference of -0.09%.

Tracking Difference (12 Month)

ETF.com Tradability Insight

The average tradability score in the Fixed Income: U.S. - Corporate, Broad-based Investment Grade segment is 64 out of 100, with the iShares iBoxx USD Investment Grade Corporate Bond ETF(LQD) obtaining the highest rating of 96 out of 100.

The iShares iBoxx USD Investment Grade Corporate Bond ETF (LQD) is the undisputed segment leader when it comes to liquidity. The fund trades 959.48M in daily average volume. Investors should also find ample liquidity in the iShares Broad USD Investment Grade Corporate Bond ETF (USIG), with $22.42M in daily dollar volume.

Use limit orders to trade funds such as the WisdomTree Fundamental U.S. Corporate Bond(WFIG), due to their double-digit market spreads.

ETF.com/ Block Liquidity

LQD
5
4
3
2
1
QLTA
5
4
3
2
1
LQDH
5
4
3
2
1
LQDI
5
4
3
2
1
VTC
5
4
3
2
1
IGIH
5
4
3
2
1
USIG
5
4
3
2
1
CORP
5
4
3
2
1
CBND
5
4
3
2
1
FLCO
5
4
3
2
1
WFIG
5
4
3
2
1
JIGB
5
4
3
2
1
SUSC
5
4
3
2
1
IGEB
5
4
3
2
1
GIGB
5
4
3
2
1
SPXB
5
4
3
2
1
IG
5
4
3
2
1
This measurement shows how easy it is to trade 25,000 shares of each ETF.

ETF.com Fit Insight

The Bloomberg Barclays US Aggregate Corporate Index has been selected as the index that most accurately represents the market in question. The benchmark has been selected by the ETF Analytics team at FactSet, according to a series of guidelines to ensure this index accurately captures its market.

Investors trying to match a broad market exposure should pay attention to . This fund obtains a high Fit score and investors should capture market-like returns.

Other funds diverge from the market, by nature of their investment mandates; for example, follows a strategy and obtains a low Fit score compared with our neutral benchmark.

Index Methodology