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

IGIB Top Performer Intra-day
Price $50.54
Today’s Change -0.12%
4:00pm 03/20/2023
IBDR Bottom Performer Intra-day
Price $23.43
Today’s Change -0.55%
4:00pm 03/20/2023

ETF.com Insight

With 22 ETFs and over $66.84B in combined AUM, the Fixed Income: U.S. - Corporate, Broad-based Investment Grade Intermediate 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 iBonds Dec 2031 Term Corporate ETF (IBDW), with a total return of 3.30%. Meanwhile, the most popular ETF is the Vanguard Intermediate-Term Corporate Bond ETF (VCIT) with $40.11BB in assets under management.

Investors should take a look at the Vanguard Intermediate-Term Corporate Bond ETF (VCIT). This fund has been chosen as an Analyst Pick by FactSet, thus is the best ETF for the average investor. The fund tracks a market value-weighted index of US investment grade corporate bonds with maturities of 5-10 years. VCIT has an expense ratio of 0.04% and tracks the Bloomberg US 5-10 Year Corporate Bond Index.

Performance Dispersion

ETF.com Efficiency Insight

The average efficiency score in the Fixed Income: U.S. - Corporate, Broad-based Investment Grade Intermediate segment is 88 out of 100, with the Invesco BulletShares 2027 Corporate Bond ETF(BSCR) obtaining the highest rating of 95 out of 100.

Costs dominate the discussion around efficiency. ETFs in the segment have an average expense ratio of 0.11% per year, with the Schwab 5-10 Year Corporate Bond ETF (SCHI) having the lowest expense ratio, charging investors 0.03% yearly.

Investors should look for funds with tight tracking, such as the Vanguard Intermediate-Term Corporate Bond ETF (VCIT), with a 12-month median tracking difference of -0.02%.

Tracking Difference (12 Month)

ETF.com Tradability Insight

The average tradability score in the Fixed Income: U.S. - Corporate, Broad-based Investment Grade Intermediate segment is 90 out of 100, with the SPDR Portfolio Intermediate Term Corporate Bond ETF(SPIB) obtaining the highest rating of 100 out of 100.

The Vanguard Intermediate-Term Corporate Bond ETF (VCIT) is the undisputed segment leader when it comes to liquidity. The fund trades 478.16M in daily average volume. Investors should also find ample liquidity in the SPDR Portfolio Intermediate Term Corporate Bond ETF (SPIB), with $225.07M in daily dollar volume.

Use limit orders to trade funds such as the Invesco BulletShares 2032 Corporate Bond ETF(BSCW), due to their double-digit market spreads.

ETF.com/ Block Liquidity

This measurement shows how easy it is to trade 25,000 shares of each ETF.

ETF.com Fit Insight

The Bloomberg U.S. Intermediate Corporate Bond 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