IGEB vs SPBO: Differences, Returns & Fees

IGEB's duration was 6.3 years on May 31, 2026 and SPBO's 6.9 on Jun 30, 2026; SPBO charges 0.03% to IGEB's 0.18%. Net assets: $1.4bn on Oct 9, 2026 for iShares Investment Grade Systematic Bond ETF, and $2.1bn on Oct 8, 2026 for State Street SPDR Portfolio Corporate Bond ETF.

SPBO costs 0.15 points a year less; their one-year returns differ by 0.1 points; SPBO is 1.5 times larger.

IGEB vs SPBO: Differences, Returns & Fees
IGEBSPBO
Expense ratio0.18%0.03%
Net assets, as of Oct 8, 2026$1.4bn$2.1bn
Total return, 1 year−1.7%−1.8%
What it tracksBlackRock Investment Grade Systematic Bond IndexBloomberg U.S. Corporate Bond Index ?
Holdings in common6%
Below its high3.9%, high on Feb 23, 20264.0%, high on Feb 26, 2026

Holdings in common uses holdings dated May 31, 2026 and Jun 30, 2026.

−1.7%
IGEB total return, 1 year
−1.8%
SPBO total return, 1 year
0.18%
IGEB expense ratio
0.03%
SPBO expense ratio

What they hold in common

By the books each fund has filed, IGEB and SPBO hold 6% of their money in the same securities at the same weight. Above 50%, holding both is close to holding one of them twice. Holdings dated May 31, 2026 and Jun 30, 2026.

half

6% in common

Positions both hold, largest shared weight first
Holding IGEB SPBO
BAT Capital Corp, due Aug 2, 2043 0.37% 0.18%
T-Mobile USA Inc, due Apr 15, 2030 0.38% 0.13%
Oracle Corp, due Nov 9, 2052 0.18% 0.11%
Public Service Co of Colorado, due May 15, 2034 0.40% 0.10%
Wells Fargo & Co, due Apr 24, 2034 0.17% 0.10%
Salesforce Inc, due Mar 15, 2033 0.48% 0.09%
Comcast Corp, due Jan 15, 2031 0.09% 0.09%
Crown Castle Inc, due Mar 1, 2034 0.33% 0.08%
Wells Fargo & Co, due Oct 23, 2034 0.08% 0.13%
Fox Corp, due Oct 13, 2033 0.18% 0.08%
Valero Energy Corp, due Jun 15, 2037 0.28% 0.07%
Morgan Stanley, due Oct 18, 2028 0.09% 0.07%
Only in IGEB
PNC Financial Services Group Inc/The, due May 15, 2027 0.52%
HSBC Holdings PLC, due May 22, 2030 0.51%
Santander UK Group Holdings PLC, due Sep 22, 2036 0.50%
Goldman Sachs Group Inc/The, due Oct 24, 2034 0.50%
MetLife Inc, due Mar 15, 2055 0.49%
BP Capital Markets PLC, due Mar 22, 2030 0.49%
PNC Financial Services Group Inc/The, due Sep 15, 2027 0.49%
Wells Fargo & Co, due Sep 15, 2028 0.49%
Only in SPBO
Bank of America Corp, due Jul 21, 2028 0.27%
Bank of America Corp, due May 14, 2038 0.22%
Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide Inc, due Feb 1, 2046 0.20%
Bank of America Corp, due Mar 5, 2029 0.16%
Bank of America Corp, due Dec 20, 2028 0.16%
JPMorgan Chase & Co, due Jul 23, 2036 0.15%
Verizon Communications Inc, due Mar 22, 2028 0.15%
Goldman Sachs Group Inc/The, due Apr 23, 2029 0.14%

Check overlap with more funds →

On the same fields

IGEB
iShares Investment Grade Systematic Bond ETF
SPBO
State Street SPDR Portfolio Corporate Bond ETF
Where it sits Bond ETF Bond ETF
What it is Tracks an index Tracks an index
Total return, 1 year −1.7% −1.8%
Its benchmark over the same days not published −1.9% (VTC)
Gap to its benchmark not available +0.1 pts vs VTC
Expense ratio 0.18% 0.03%
Holdings 445 4403
Net assets, IGEB as of Oct 9, 2026 and SPBO as of Oct 8, 2026 $1.4bn $2.1bn

IGEB and SPBO on the fields both publish, as of Oct 9, 2026. Source: ETFIQ.

About IGEB

IGEB tracks an index. Over the year to Oct 9, 2026 it returned −1.7% with distributions reinvested. The prospectus expense ratio is 0.18% a year. It sat 3.9% below its high of Feb 23, 2026 on Oct 9, 2026.

About SPBO

SPBO tracks an index. Over the year to Oct 9, 2026 it returned −1.8% with distributions reinvested, against −1.9% for its benchmark, the Bloomberg U.S. Corporate Bond Index ?. The prospectus expense ratio is 0.03% a year. It sat 4.0% below its high of Feb 26, 2026 on Oct 9, 2026.

Questions people ask

Which returned more over the last year, IGEB or SPBO?
In the year to Oct 9, 2026, with distributions reinvested, IGEB returned −1.7% and SPBO −1.8%.
Which is cheaper, IGEB or SPBO?
SPBO is cheaper, by 0.15 percentage points a year. That is about $15 on $10,000 held for a year. Fees come from each fund's prospectus.
Cite this pageCitation, APA and Markdown

ETFIQ, IGEB against SPBO, data as of Oct 9, 2026. https://etfiq.com/compare/any/igeb-vs-spbo

Open data

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.