Which returned more over the last year, SPBO or USIG?

In the year to Oct 9, 2026, with distributions reinvested, SPBO returned −1.8% and USIG −1.6%.

Which is cheaper, SPBO or USIG?

SPBO is cheaper, by 0.01 percentage points a year. That is about $1 on $10,000 held for a year. Fees come from each fund's prospectus.

Share on X Download as PDF

Compare their flows Ask IQ about these two funds

SPBO vs USIG: Differences, Returns & Fees

SPBO's duration was 6.9 years on Jun 30, 2026 and USIG's 6.4 on May 31, 2026; SPBO charges 0.03% to USIG's 0.04%. Net assets: $2.1bn on Oct 8, 2026 for State Street SPDR Portfolio Corporate Bond ETF, and $17.6bn on Oct 9, 2026 for iShares Broad USD Investment Grade Corporate Bond ETF.

SPBO costs 0.01 points a year less; their one-year returns differ by 0.2 points; USIG is 8.2 times larger.

SPBO vs USIG: Differences, Returns & Fees
	SPBO	USIG
Expense ratio	0.03%	0.04%
Net assets, as of Oct 8, 2026	$2.1bn	$17.6bn
Total return, 1 year	−1.8%	−1.6%
What it tracks	Bloomberg U.S. Corporate Bond Index ?	ICE BofA US Corporate Index
Holdings in common	38%
Below its high	4.0%, high on Feb 26, 2026	3.8%, high on Feb 23, 2026

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

−1.8%

SPBO total return, 1 year

−1.6%

USIG total return, 1 year

0.03%

SPBO expense ratio

0.04%

USIG expense ratio

What they hold in common

By the books each fund has filed, SPBO and USIG hold 38% 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.

50%

half

38% in common

Positions both hold, largest shared weight first

Holding SPBO USIG

Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide Inc, due Feb 1, 2046 0.20% 0.09%

Bank of America Corp, due Dec 20, 2028 0.16% 0.09%

T-Mobile USA Inc, due Apr 15, 2030 0.13% 0.07%

CVS Health Corp, due Mar 25, 2048 0.07% 0.08%

Pfizer Investment Enterprises Pte Ltd, due May 19, 2053 0.09% 0.06%

Boeing Co/The, due May 1, 2050 0.08% 0.06%

AbbVie Inc, due Nov 21, 2029 0.06% 0.06%

Wells Fargo & Co, due Apr 4, 2051 0.08% 0.06%

Bank of America Corp, due Jan 23, 2035 0.10% 0.06%

JPMorgan Chase & Co, due Jun 1, 2034 0.09% 0.05%

AT&T Inc, due Sep 15, 2053 0.05% 0.06%

CVS Health Corp, due Mar 25, 2028 0.05% 0.06%

Only in SPBO

Space Exploration Technologies Corp, due Jul 15, 2031 0.10%

Space Exploration Technologies Corp, due Jul 15, 2033 0.07%

NVIDIA Corp, due Jun 15, 2036 0.07%

BlackRock Funding Inc, due Jan 8, 2055 0.07%

NVIDIA Corp, due Jun 15, 2031 0.06%

NVIDIA Corp, due Jun 15, 2056 0.06%

Public Service Enterprise Group Inc, due Jun 15, 2031 0.06%

United Airlines 2024-1 Class A Pass Through Trust, due Feb 15, 2037 0.06%

Only in USIG

Eagle Funding Luxco Sarl, due Aug 17, 2030 0.08%

Goldman Sachs Group Inc/The, due Oct 1, 2037 0.06%

Anheuser-Busch Cos LLC / Anheuser-Busch InBev Worldwide Inc, due Feb 1, 2036 0.06%

Mars Inc, due Mar 1, 2035 0.05%

Bank of America Corp, due Jul 22, 2033 0.05%

Mars Inc, due May 1, 2055 0.05%

JPMorgan Chase & Co, due Oct 15, 2030 0.05%

Bank of America Corp, due Apr 22, 2032 0.05%

Check overlap with more funds →

On the same fields

SPBO

State Street SPDR Portfolio Corporate Bond ETF

USIG

iShares Broad USD Investment Grade Corporate Bond ETF

Where it sits Bond ETF Bond ETF

Issuer State Street iShares

What it is Tracks an index Tracks an index

Total return, 1 year −1.8% −1.6%

Its benchmark over the same days −1.9% (VTC) −1.8% (CORP)

Gap to its benchmark +0.1 pts vs VTC +0.2 pts vs CORP

Expense ratio 0.03% 0.04%

Holdings 4403 11582

Net assets, SPBO as of Oct 8, 2026 and USIG as of Oct 9, 2026 $2.1bn $17.6bn

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

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.

About USIG

USIG tracks an index. Over the year to Oct 9, 2026 it returned −1.6% with distributions reinvested, against −1.8% for its benchmark, the ICE BofA US Corporate Index. The prospectus expense ratio is 0.04% a year. It sat 3.8% below its high of Feb 23, 2026 on Oct 9, 2026.

Questions people ask

Which returned more over the last year, SPBO or USIG?: In the year to Oct 9, 2026, with distributions reinvested, SPBO returned −1.8% and USIG −1.6%.
Which is cheaper, SPBO or USIG?: SPBO is cheaper, by 0.01 percentage points a year. That is about $1 on $10,000 held for a year. Fees come from each fund's prospectus.

Other comparisons

IGIB vs SPBO SPBO vs VCIT SPBO vs UCON IBDX vs SPBO IBDX vs USIG CORP vs USIG USIG vs VTC BSCW vs USIG

SPBO on its own →USIG on its own →Hold both: look the portfolio through →Rankings →Standards and sources →

Where these figures came from

SPBO filings on SEC EDGAR ↗SPBO prospectus with the expense ratio (SEC) ↗State Street website ↗USIG filings on SEC EDGAR ↗USIG prospectus with the expense ratio (SEC) ↗iShares page for USIG ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement. 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.

Cite this pageCitation, APA and Markdown

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

Open data

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