A side-by-side comparison of iShares 5-10 Year Investment Grade Corporate Bond ETF (IGIB) and iShares Broad USD Investment Grade Corporate Bond ETF (USIG) to help Canadian investors make an informed decision.
1-Year Performance
Normalised to 100 at the start — shows relative return over the trailing 12 months.
Head-to-Head Comparison
| Metric | IGIB | USIG |
|---|---|---|
| YTD Return | -3.81% | -3.69%✓ |
| 1-Day Change | -0.20% | -0.18%✓ |
| 1-Week Change | -0.77%✓ | -0.82% |
| 1-Month Change | -2.86% | -2.55%✓ |
| Current Price | $50.25 | $48.62 |
| AUM | $18.58B✓ | $17.49B |
| MER (Expense Ratio) | 0.04% | 0.04% |
| Dividend Yield | 4.93%✓ | 4.84% |
| Distribution Frequency | — | — |
| Inception Date | 2007-01-05 | 2007-01-05 |
| Holdings Count | 1 | 1 |
| MorningStar Rating | ★★★★★ | ★★★ |
| Category | Corporate Bond | Corporate Bond |
| Beta | 1.05 | 1.05 |
| 52-Week High | $52.80 | $51.01 |
| 52-Week Low | $49.94 | $48.65 |
| 50-Day MA | $51.80 | $50.02 |
| 200-Day MA | $53.03 | $51.10 |
✓ marks the better value for return/yield/AUM metrics. Lower ✓ for MER.
Annualised Returns
| Period | IGIB | USIG |
|---|---|---|
| YTD | -3.81% | -3.69%✓ |
| 1 Year | -1.29% | -1.11%✓ |
| 3 Year | +5.97%✓ | +5.24% |
| 5 Year | +0.51%✓ | -0.25% |
| 10 Year | +2.58%✓ | +2.10% |
| 1Y Volatility | 3.41% | 3.51% |
| Sharpe Ratio (3Y) | 0.25 | 0.12 |
Past performance is not a guarantee of future results.
Top 10 Holdings
| 1 | XTSLA | BlackRock Cash Funds Treasury SL Agency | 1.42% |
| 1 | XTSLA | BlackRock Cash Funds Treasury SL Agency | 0.55% |
Sector Weights
| Sector | IGIB | USIG |
|---|---|---|
| Basic Materials | 0.00% | 0.00% |
| Communication Services | 0.00% | 0.00% |
| Consumer Cyclicals | 0.00% | 0.00% |
| Consumer Defensive | 0.00% | 0.00% |
| Energy | 0.00% | 0.00% |
| Financial Services | 0.00% | 0.00% |
| Healthcare | 0.00% | 0.00% |
| Industrials | 0.00% | 0.00% |
| Real Estate | 0.00% | 0.00% |
| Technology | 0.00% | 0.00% |
| Utilities | 0.00% | 0.00% |
About IGIB
The fund will invest at least 80% of its assets in the component securities of the index, and it will invest at least 90% of its assets in fixed income securities of the types included in the underlying index that BFA believes will help the fund track the index. The fund will invest no more than 10% of its assets in futures, options and swaps contracts that BFA believes will help the fund track the index as well as in fixed income securities other than the types included in the index, but which …
About USIG
The underlying index consists of investment-grade corporate bonds that have $250 million or more of outstanding face value. The fund will invest at least 80% of its assets in the component securities of the underlying index, and the fund will invest at least 90% of its assets in fixed income securities of the types included in the underlying index that BFA believes will help the fund track the underlying index.
Which ETF is Right for You?
Both IGIB and USIG are listed on Canadian exchanges and accessible through most Canadian brokerages including Questrade, Wealthsimple Trade, TD Direct, and Interactive Brokers.
Based on the available data, IGIB scores higher across our tracked metrics including YTD performance, dividend yield, and AUM — though both ETFs warrant individual research before investing.
- Consider your account type (TFSA, RRSP, non-registered) as it can affect dividend taxation.
- Compare management expense ratios (MER) directly on each provider's website.
- Look at average daily trading volume to assess liquidity.
- Review the fund's underlying index and holdings to ensure the exposure matches your goals.
This is not financial advice. Always do your own research or consult a licensed financial advisor before investing.
Frequently Asked Questions
What is the difference between IGIB and USIG?
IGIB (iShares 5-10 Year Investment Grade Corporate Bond ETF) and USIG (iShares Broad USD Investment Grade Corporate Bond ETF) are both Canadian-listed ETFs. Key differences include their AUM ($18.58B vs $17.49B), dividend yield (4.93% vs 4.84%), and year-to-date performance (-3.81% vs -3.69%).
Is IGIB better than USIG?
There is no single "better" ETF — it depends on your investment goals. If you prioritise dividends, compare both yields and choose based on your income needs. Always review the fund's prospectus and consider your tax situation.
Can I buy IGIB and USIG on Wealthsimple?
Most Canadian-listed ETFs are available on Wealthsimple Trade commission-free. Both IGIB and USIG should be accessible. Check Wealthsimple's supported tickers list to confirm availability.
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