Average Daily Volume
2.08M
Fund Overview
The iShares Intermediate-Term Corporate Bond ETF (IGIB) is designed to provide investors with exposure to U.S. dollar-denominated, investment-grade corporate bonds with maturities between five and ten years. The fund seeks to track the performance of the ICE BofA US 5-10 Year Corporate Index, which includes bonds issued by companies with strong credit ratings. IGIB offers a diversified portfolio of corporate debt, making it a suitable option for investors seeking steady income with moderate interest rate risk compared to longer-term bonds. The ETF is known for its liquidity and relatively low expense ratio, making it an attractive choice for both individual and institutional investors.
- Asset Class
-
Bond
- Industry
-
Corporate Bonds
- Annual Dividend Rate
-
- Smart Beta
-
No
- Leveraged / Inverse
-
N/A / No
- Dividend Quality - Yield
-
- 5.19 %
- Currency Hedged
-
No
- Portfolio Turnover
-
21 %
- Dividend Date
-
Why Invest in the IGIB ETF?
Potential Benefits
- Provides exposure to investment-grade corporate bonds, which typically offer higher yields than government bonds with similar maturities.
- Diversifies credit risk across a broad range of issuers and industries.
- Moderate duration helps balance interest rate risk compared to longer-term bond funds.
- Liquidity and transparency due to its ETF structure and underlying index tracking.
- Lower expense ratio compared to many actively managed bond funds.
Potential Risks
- Interest rate risk: Rising rates can negatively impact bond prices, especially for intermediate-term bonds.
- Credit risk: Although investment-grade, corporate bonds still carry default risk.
- Liquidity risk: Some bonds in the portfolio may become less liquid during market stress.
- Sector concentration risk: The fund may have significant exposure to certain industries like financials or utilities.
RSI data unavailable or insufficient history.
Monthly Returns (%)
| Year |
Jan |
Feb |
Mar |
Apr |
May |
Jun |
Jul |
Aug |
Sep |
Oct |
Nov |
Dec |
| 2026 |
+0.2%
|
+1.3%
|
-2.0%
|
+0.5%
|
+0.5%
|
+0.1%
|
-1.3%
|
+0.2%
|
-3.1%
|
0.0%
|
-
|
-
|
| 2025 |
+0.7%
|
+2.0%
|
0.0%
|
+0.3%
|
+0.4%
|
+1.9%
|
+0.1%
|
+1.3%
|
+1.2%
|
+0.4%
|
+1.0%
|
-0.2%
|
| 2024 |
0.0%
|
-1.3%
|
+1.3%
|
-2.3%
|
+2.1%
|
+0.7%
|
+2.6%
|
+1.6%
|
+1.6%
|
-2.4%
|
+1.3%
|
-1.6%
|
| 2023 |
+4.4%
|
-3.2%
|
+3.1%
|
+0.7%
|
-1.3%
|
+0.1%
|
+0.4%
|
-0.7%
|
-2.6%
|
-1.6%
|
+5.8%
|
+4.1%
|
| 2022 |
-2.4%
|
-1.5%
|
-3.3%
|
-4.8%
|
+1.3%
|
-2.8%
|
+3.7%
|
-3.5%
|
-4.8%
|
-0.5%
|
+4.7%
|
-0.5%
|
| 2021 |
-0.8%
|
-1.6%
|
-1.5%
|
+1.0%
|
+0.6%
|
+1.1%
|
+1.1%
|
-0.3%
|
-1.1%
|
-0.4%
|
-0.2%
|
+0.3%
|
| 2020 |
+2.2%
|
+1.2%
|
-7.9%
|
+5.8%
|
+2.6%
|
+2.2%
|
+1.9%
|
-0.2%
|
-0.4%
|
-0.2%
|
+2.1%
|
+0.5%
|
| 2019 |
+2.9%
|
+0.3%
|
+2.5%
|
+0.5%
|
+1.3%
|
+2.4%
|
+0.4%
|
+2.6%
|
-0.4%
|
+0.7%
|
+0.1%
|
+0.4%
|
| 2018 |
-0.8%
|
-0.8%
|
+0.2%
|
-0.6%
|
+0.5%
|
-0.1%
|
+0.7%
|
+0.5%
|
-0.3%
|
-1.0%
|
-0.1%
|
+1.2%
|
| 2017 |
+0.5%
|
+0.7%
|
0.0%
|
+0.8%
|
+0.6%
|
0.0%
|
+0.7%
|
+0.6%
|
-0.2%
|
0.0%
|
-0.2%
|
+0.2%
|
< -5%
-5% to -2%
-2% to 0%
0%
0% to +2%
+2% to +5%
> +5%
Top Holdings (by weight)
| Symbol |
Company Name |
Weight |
No holdings data available.
Related ETFs: IGIB vs Peers
Comparison highlights key differences on cost, coverage, and focus within sector ETFs.
Investment Strategy
IGIB seeks to track the ICE BofA US 5-10 Year Corporate Index, which includes U.S. dollar-denominated investment-grade corporate bonds with remaining maturities between five and ten years. The index is market-value weighted, meaning larger bond issuers have greater representation in the portfolio. The fund primarily holds bonds rated BBB- or higher by major credit rating agencies. IGIB follows a passive management approach, aiming to replicate the index's performance rather than outperform it. The portfolio is rebalanced monthly to maintain alignment with the index composition. The fund may use sampling techniques rather than full replication to achieve its investment objective efficiently.
Frequently Asked Questions
What credit quality are the bonds in IGIB?
IGIB holds investment-grade corporate bonds rated BBB- or higher by major rating agencies, with the majority typically in the BBB and A categories.
How often does IGIB pay dividends?
IGIB pays monthly dividends, reflecting the interest payments from its underlying bond holdings.
Is IGIB a good choice for retirement accounts?
IGIB can be appropriate for retirement accounts seeking income generation, though investors should consider their overall asset allocation and risk tolerance.
How does IGIB compare to Treasury bond ETFs?
IGIB offers higher yield potential than Treasury ETFs of similar duration but carries additional credit risk as it invests in corporate rather than government debt.
What is IGIB's average duration?
As an intermediate-term bond fund, IGIB typically maintains an average duration between 5-7 years, though this may vary slightly with market conditions.
Industry Overview
The iShares Intermediate-Term Corporate Bond ETF (IGIB) provides exposure to the investment-grade corporate bond market, a key segment of the fixed-income universe. Corporate bonds are issued by companies to raise capital and typically offer higher yields than government securities with similar maturities, compensating investors for additional credit risk. The intermediate-term focus (5-10 years) positions IGIB as a middle ground between short-term bonds (lower yield, less interest rate sensitivity) and long-term bonds (higher yield, greater price volatility). This makes IGIB particularly relevant for investors seeking income while managing duration risk in a rising rate environment. The fund's investment-grade mandate helps mitigate default risk while still providing attractive yield potential compared to Treasury securities.
Alternative Comparison
Compared to LQD (iShares iBoxx $ Investment Grade Corporate Bond ETF), IGIB has a shorter duration focus (5-10 years versus LQD's broader maturity range), making it less sensitive to interest rate changes. VCIT (Vanguard Intermediate-Term Corporate Bond ETF) is perhaps IGIB's closest competitor, with similar duration and credit quality characteristics, though IGIB typically has a slightly lower expense ratio. Unlike some actively managed corporate bond funds that might take sector or credit quality bets, IGIB maintains strict adherence to its index methodology, providing transparent, rules-based exposure to intermediate-term corporate debt.
Issuer Overview
iShares by BlackRock is the world's largest ETF provider, known for its extensive lineup of index-tracking funds across asset classes. With over $3 trillion in global ETF assets under management, iShares combines BlackRock's investment expertise with efficient index replication methodologies. The firm is particularly strong in fixed income ETFs, offering products that provide precise exposure to various segments of the bond market. IGIB is part of iShares' comprehensive corporate bond ETF suite, which includes options across different maturity spectrums and credit qualities.
Conclusion
The iShares Intermediate-Term Corporate Bond ETF (IGIB) offers investors a cost-effective way to access the investment-grade corporate bond market with a moderate duration profile. Its passive approach, diversified holdings, and focus on creditworthy issuers make it a compelling core fixed income holding for investors seeking yield while managing risk. While not without risks - particularly from rising interest rates or economic downturns - IGIB's intermediate-term focus provides a balance between income generation and price stability that may appeal to a wide range of investors.
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