Data as of Oct 28, 2026.
FSIG vs SPIB: Differences, Returns & Fees
FSIG's duration was 2.9 years on Jul 31, 2026 and SPIB's 4.2 on Jun 30, 2026; SPIB charges 0.04% to FSIG's 0.44%.
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Net assets on Oct 27, 2026: $1.5bn for First Trust Limited Duration Investment Grade Corporate ETF and $11.6bn for State Street SPDR Portfolio Intermediate Term Corporate Bond ETF.
Pair scorecard
SPIB costs 0.40 points a year less; their one-year returns differ by 0.9 points; SPIB is 7.7 times larger.
| Measure | FSIG | SPIB |
|---|---|---|
| Return | ||
| Total return, 1 year | +0.8% | −0.1% |
| Benchmark | ||
| What it tracks | No index, actively managed | Bloomberg U.S. Intermediate Corporate Bond Index |
| Cost and size | ||
| Expense ratio | 0.44% | 0.04% |
| Net assets, as of Oct 27, 2026 | $1.5bn | $11.6bn |
| Holdings | ||
| Holdings in common | 5% | |
Holdings in common uses holdings dated Jun 30, 2026 and Jul 31, 2026. Method
Risk and return
Nov 26, 2021 to Oct 23, 2026 · 256 weekly returns · each against AGGFSIG returned more: +13.2% to +9.0%. FSIG swung less: 2.8% to 4.4%. FSIG fell less at its worst: −6.6% to −13.2%.
Full scorecard
19 measures, with how each is measured Open ↓
| Measure | FSIG | SPIB | AGG | Edge | How it is measured |
|---|---|---|---|---|---|
| Return | |||||
| Total return | +13.2% | +9.0% | FSIG | Price change plus distributions, reinvested. | |
| Annualized | +2.6% | +1.8% | FSIG | Total return as a yearly rate. | |
| Price return | −7.5% | −9.8% | FSIG | Price change alone, distributions left out. | |
| Risk | |||||
| Volatility | 2.8% | 4.4% | FSIG | Spread of weekly returns, annualized. Lower is steadier. | |
| Downside deviation | 2.1% | 3.2% | FSIG | Like volatility, counting only weeks below the Treasury bill rate. | |
| Max drawdown | −6.6% | −13.2% | FSIG | Deepest fall from a high to the low after it. | |
| Upside capture | 45.9% | 72.7% | 100.0% | SPIB | Share of its benchmark's rise caught in the weeks it rose. |
| Downside capture | 38.3% | 68.2% | 100.0% | FSIG | Share of its benchmark's fall taken in the weeks it fell. Lower is better. |
| Beta | 0.42 | 0.71 | 1.00 | FSIG lower | How far it moves for each 1% its benchmark moves. |
| R squared | 0.77 | 0.92 | 1.00 | Not an edge | Share of its weekly moves its benchmark explains. |
| Risk-adjusted | |||||
| Sharpe | −0.50 | −0.49 | SPIB (slight) | Return above Treasury bills per unit of volatility. | |
| Sortino | −0.68 | −0.66 | SPIB (slight) | Return above Treasury bills per unit of downside deviation. | |
| Treynor | −0.034 | −0.030 | −0.041 | SPIB | Return above Treasury bills per unit of beta. |
| Calmar | 0.39 | 0.13 | FSIG | Annualized return divided by the max drawdown. | |
| Against the benchmark | |||||
| Benchmark | AGG | AGG | AGG | The ETF each fund is measured against. | |
| Alpha | +0.3% a year | +0.8% a year | 0.0% | Not significant | Yearly return beyond what its beta to the benchmark predicts. |
| Alpha t-stat | 0.48 | 1.41 | Not an edge | How sure the alpha is. Below 2, it could be chance. | |
| Alpha range | −0.9% to +1.5% | −0.3% to +1.9% | Both include zero | The 95% range for the yearly alpha. | |
| Information ratio | 0.73 | 0.94 | SPIB | Return against its benchmark per unit of tracking error. | |
| Tracking error | 3.7% | 2.1% | 0.0% | Not an edge | How far weekly returns stray from the benchmark, annualized. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 256 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, FSIG and SPIB hold 5% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Jul 31, 2026.
half
5% in common
Only in one fund ↓
Side by side
FSIG and SPIB on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.
FSIG and SPIB are built for the same job. How do they differ in cost, holdings and results?
- What each follows. FSIG follows No index, actively managed and SPIB follows Bloomberg U.S. Intermediate Corporate Bond Index.
- Holdings in common. 5% of the weight is in the same securities (holdings dated Jul 31, 2026 and Jun 30, 2026).
- Number of holdings. FSIG holds 324 positions and SPIB holds 5398.
Data as of Oct 28, 2026.
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FSIG
FSIG is actively managed and tracks no index. Over the year to Oct 28, 2026 it returned +0.8% with distributions reinvested, against −1.4% for its benchmark, the Bloomberg US Aggregate Bond Index. The prospectus expense ratio is 0.44% a year.
SPIB
SPIB tracks an index. Over the year to Oct 28, 2026 it returned −0.1% with distributions reinvested, against −1.4% for its benchmark, the Bloomberg U.S. Aggregate Bond Index. The prospectus expense ratio is 0.04% a year.
Questions people ask
- Which returned more over the last year, FSIG or SPIB?
- In the year to Oct 28, 2026, with distributions reinvested, FSIG returned +0.8% and SPIB −0.1%.
- Which is cheaper, FSIG or SPIB?
- SPIB is cheaper, by 0.40 percentage points a year. That is about $40 on $10,000 held for a year. Fees come from each fund's prospectus.
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
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ETFIQ, FSIG against SPIB, data as of Oct 28, 2026. https://etfiq.com/compare/any/fsig-vs-spib
ETFIQ. (Oct 28, 2026). FSIG against SPIB. Retrieved from https://etfiq.com/compare/any/fsig-vs-spib
[FSIG against SPIB (ETFIQ, Oct 28, 2026)](https://etfiq.com/compare/any/fsig-vs-spib)
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