Data as of Oct 28, 2026.

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IGSB vs SPSB: Differences, Returns & Fees

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IGSB's duration was 2.7 years on Aug 31, 2026 and SPSB's 1.8 on Jun 30, 2026; both charge 0.04%.

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Net assets: $23.7bn on Oct 28, 2026 for iShares 1-5 Year Investment Grade Corporate Bond ETF, and $11.3bn on Oct 27, 2026 for State Street SPDR Portfolio Short Term Corporate Bond ETF.

At a glance
+1.3%
IGSB total return, 1 year
+2.2%
SPSB total return, 1 year
0.04%
IGSB expense ratio
0.04%
SPSB expense ratio

Pair scorecard

Both cost 0.04% a year; their one-year returns differ by 0.9 points; IGSB is 2.1 times larger.

Points (pts) are percentage points.

IGSB vs SPSB: Differences, Returns & Fees
MeasureIGSBSPSB
Return
Total return, 1 year+1.3%+2.2%
Benchmark
What it tracksICE BofA 1-5 Year US Corporate IndexBloomberg U.S. 1-3 Year Corporate Bond Index
Cost and size
Expense ratio0.04%0.04%
Net assets, as of Oct 26, 2026$23.7bn$11.2bn
Holdings
Holdings in common32%

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

Risk and return

Dec 24, 2009 to Oct 23, 2026 · 878 weekly returns
IGSB SPSB
Return
Total return edge Tie +46.4% +47.3%
Annualized edge Tie +2.3% +2.3%
Price return edge Tie −1.4% −1.4%
Risk
Volatility edge SPSB 3.5% 3.0%
Max drawdown edge SPSB −11.6% −9.9%
Risk-adjusted
Sharpe edge SPSB 0.23 0.27
Sortino edge SPSB 0.32 0.39
Calmar edge SPSB 0.20 0.23
Reading

IGSB and SPSB returned about the same: +46.4% and +47.3%. SPSB swung less: 3.0% to 3.5%. SPSB fell less at its worst: −9.9% to −11.6%.

Full scorecard

9 measures, with how each is measured
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Risk and return: IGSB vs SPSB: Differences, Returns & Fees
MeasureIGSBSPSBEdgeHow it is measured
Return
Total return+46.4%+47.3%TiePrice change plus distributions, reinvested.
Annualized+2.3%+2.3%TieTotal return as a yearly rate.
Price return−1.4%−1.4%TiePrice change alone, distributions left out.
Risk
Volatility3.5%3.0%SPSBSpread of weekly returns, annualized. Lower is steadier.
Downside deviation2.4%2.1%SPSBLike volatility, counting only weeks below the Treasury bill rate.
Max drawdown−11.6%−9.9%SPSBDeepest fall from a high to the low after it.
Risk-adjusted
Sharpe0.230.27SPSBReturn above Treasury bills per unit of volatility.
Sortino0.320.39SPSBReturn above Treasury bills per unit of downside deviation.
Calmar0.200.23SPSBAnnualized return divided by the max drawdown.

Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 878 weekly returns. Cash rate: the 13-week Treasury bill.

What they share

32%

By the books each fund has filed, IGSB and SPSB hold 32% of their money in the same securities at the same weight. Holdings dated Jun 30, 2026 and Aug 31, 2026.

0 half 100%

half

32% in common

Positions both hold · largest shared weight first IGSB SPSB
Bank of America Corp, due Dec 20, 2028 0.14% 0.42%
CVS Health Corp, due Mar 25, 2028 0.12% 0.27%
Salesforce Inc, due Mar 15, 2029 0.11% 0.56%
Pfizer Investment Enterprises Pte Ltd, due May 19, 2028 0.11% 0.37%
Wells Fargo & Co, due Jul 25, 2029 0.11% 0.25%
Amgen Inc, due Mar 2, 2028 0.10% 0.25%
Goldman Sachs Group Inc/The, due Jan 21, 2029 0.10% 0.31%
AerCap Ireland Capital DAC / AerCap Global Aviation Trust, due Oct 29, 2028 0.10% 0.44%
Bank of America Corp, due Apr 25, 2029 0.10% 0.30%
Citigroup Inc, due Sep 29, 2027 0.10% 0.17%
Cigna Group/The, due Oct 15, 2028 0.10% 0.21%
Bank of America Corp, due Apr 23, 2030 0.09% 0.22%
Only in one fund ↓
Only in IGSB
Eagle Funding Luxco Sarl, due Aug 17, 2030 0.29%
T-Mobile USA Inc, due Apr 15, 2030 0.17%
Space Exploration Technologies Corp, due Jul 15, 2031 0.15%
Amazon.com Inc, due Mar 13, 2031 0.13%
AbbVie Inc, due Nov 21, 2029 0.13%
Mars Inc, due Mar 1, 2030 0.12%
Amazon.com Inc, due Jul 9, 2031 0.12%
NVIDIA Corp, due Jun 15, 2031 0.11%
Only in SPSB
JPMorgan Chase & Co, due Jul 25, 2028 0.38%
Wells Fargo & Co, due Jul 25, 2028 0.37%
Bank of America Corp, due Jul 22, 2028 0.36%
Morgan Stanley Private Bank NA, due Jul 6, 2028 0.31%
HSBC Holdings PLC, due Nov 3, 2028 0.23%
JPMorgan Chase & Co, due Jul 22, 2028 0.21%
US Bancorp, due Jul 22, 2028 0.19%
Morgan Stanley, due Jul 22, 2028 0.18%
Check overlap with more funds →

Side by side

IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF SPSB State Street SPDR Portfolio Short Term Corporate Bond ETF
Where it sits Bond ETF Bond ETF
What it is Tracks an index of 1-5 Year Investment Grade Corporate Bond Tracks an index of Short Term Corporate Bond
Total return, 1 year +1.3% +2.2%
Its benchmark over the same days not measured −1.4% (AGG)
Gap to its benchmark not measured +3.6 pts vs AGG
Expense ratio 0.04% 0.04%
Holdings 4781 1684
Net assets, IGSB as of Oct 28, 2026 and SPSB as of Oct 27, 2026 $23.7bn $11.3bn

IGSB and SPSB on the fields both publish, as of Oct 28, 2026. Source: ETFIQ.

Client brief · page 1 of 2 Report BR-CD5A0C4655

IGSB and SPSB are built for the same job. How do they differ in cost, holdings and results?

  1. What each follows. IGSB follows ICE BofA 1-5 Year US Corporate Index and SPSB follows Bloomberg U.S. 1-3 Year Corporate Bond Index.
  2. Holdings in common. 32% of the weight is in the same securities (holdings dated Aug 31, 2026 and Jun 30, 2026).
  3. One-year total return (similar). Over 1 year to Oct 28, 2026 IGSB returned +1.3% and SPSB +2.2% with distributions reinvested, a gap of 0.9 points.

Data as of Oct 28, 2026.

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About each fund
IGSB

IGSB tracks an index of 1-5 Year Investment Grade Corporate Bond. Over the year to Oct 28, 2026 it returned +1.3% with distributions reinvested. The prospectus expense ratio is 0.04% a year.

SPSB

SPSB tracks an index of Short Term Corporate Bond. Over the year to Oct 28, 2026 it returned +2.2% with distributions reinvested, against −1.4% for its benchmark, the Bloomberg U.S. Aggregate Bond Index.

Questions people ask

Which returned more over the last year, IGSB or SPSB?
In the year to Oct 28, 2026, with distributions reinvested, IGSB returned +1.3% and SPSB +2.2%.
Which is cheaper, IGSB or SPSB?
Neither: IGSB and SPSB both charge 0.04% a year. Fees come from each fund's prospectus.
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ETFIQ, IGSB against SPSB, data as of Oct 28, 2026. https://etfiq.com/compare/any/igsb-vs-spsb

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