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

IGLB Top Performer Intra-day
Price $51.32
Today’s Change -0.10%
4:00pm 03/28/2023
IGBH Bottom Performer Intra-day
Price $23.13
Today’s Change -0.22%
4:00pm 03/28/2023

ETF.com Insight

With 5 ETFs and over $8.04B in combined AUM, the Fixed Income: U.S. - Corporate, Broad-based Investment Grade Long-Term 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 Vanguard Long-Term Corporate Bond ETF (VCLT), with a total return of 4.01%. Meanwhile, the most popular ETF is the Vanguard Long-Term Corporate Bond ETF (VCLT) with $5.63BB in assets under management.

Investors should take a look at the iShares 10+ Year Investment Grade Corporate Bond ETF (IGLB). This fund has been chosen as an Analyst Pick by FactSet, thus is the best ETF for the average investor. IGLB tracks a market-value weighted index of US dollar-denominated, investment-grade corporate debt with at least 10 years remaining in maturity. IGLB has an expense ratio of 0.04% and tracks the ICE BofAML 10+ Year US Corporate Index.

ETF.com Efficiency Insight

The average efficiency score in the Fixed Income: U.S. - Corporate, Broad-based Investment Grade Long-Term segment is 87 out of 100, with the Vanguard Long-Term Corporate Bond ETF(VCLT) obtaining the highest rating of 93 out of 100.

Costs dominate the discussion around efficiency. ETFs in the segment have an average expense ratio of 0.10% per year, with the iShares 10+ Year Investment Grade Corporate Bond ETF (IGLB) having the lowest expense ratio, charging investors 0.04% yearly.

Investors should look for funds with tight tracking, such as the Vanguard Long-Term Corporate Bond ETF (VCLT), 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 Long-Term segment is 87 out of 100, with the iShares 10+ Year Investment Grade Corporate Bond ETF(IGLB) obtaining the highest rating of 99 out of 100.

The Vanguard Long-Term Corporate Bond ETF (VCLT) is the undisputed segment leader when it comes to liquidity. The fund trades 141.03M in daily average volume. Investors should also find ample liquidity in the SPDR Portfolio Long Term Corporate Bond ETF (SPLB), with $24.79M in daily dollar volume.

Use limit orders to trade funds such as the iShares Interest Rate Hedged Long-Term Corporate Bond ETF(IGBH), 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. 10+ Year 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