USIG — iShares Broad USD Investment Grade Corporate Bond ETF

USIG Price Performance — Growth of $10,000

Value of a $10,000 investment in USIG over time, compared with SPY. Both lines are rebased to $10,000 on the first shared date. Based on total returns — prices are adjusted for dividends and splits, so this assumes distributions were reinvested. Hover or tap the chart for exact values.

USIG Drawdown

The "underwater" chart: USIG's decline from its highest prior value at each point in time. It shows how deep past losses ran and how long the fund took to recover to break-even.

Overview

The iShares Broad USD Investment Grade Corporate Bond ETF (USIG) operates within the US Bonds - Corporate category, which ETFValuer tracks with a total of 17 funds. Issued by iShares, the fund holds an asset base of $17.6 billion and trades at a price of $50.51. It currently holds an overall rank of #293 out of 458 tracked ETFs across all categories and has received an ETFValuer grade of C with a score of 57.2 out of 100. The fund offers a low expense ratio of 0.04% while providing a dividend yield of 4.72%. The substantial asset under management suggests significant investor adoption relative to the category size, despite the mid-tier overall ranking. This combination of low cost and high yield positions the fund as a notable option within its specific bond sector.

Recent performance data shows a 1-day return of +0.24% and a 1-week return of +0.02%, indicating slight short-term gains. However, the fund has experienced negative returns over the past month at -1.40%, the past quarter at -0.51%, and the past six months at -0.65%. Year-to-date performance stands at -0.10%, reflecting a slight decline for the current period. In contrast, the 1-year return has reached +3.31%, and the 3-year return shows a cumulative gain of +16.94%. This pattern illustrates a divergence where short-term and medium-term results have been negative while longer-term horizons remain positive. The trend suggests a recent period of underperformance relative to the broader multi-year trajectory.

The fund carries a volatility label of Very Low and a beta of 1.04, indicating that its price movements are slightly more sensitive to market changes than the broader benchmark despite low overall volatility. A Sharpe ratio of -0.41 suggests that the risk-adjusted returns have been negative over the measured period. The maximum drawdown recorded is -5.71%, which represents the largest peak-to-trough decline experienced by the fund. This combination of a beta slightly above 1.0 with a negative Sharpe ratio implies that the fund has not adequately compensated investors for the systematic risk taken during the recent market environment. The low volatility label contrasts with the negative risk-adjusted metrics, highlighting periods where returns did not keep pace with the slight market sensitivity.

AI-generated summary based on the data on this page.

USIG Top Holdings

Holdings as of 2026-05-31 per the fund's most recent SEC N-PORT-P filing. Top 10 holdings make up 10.1% of net assets — a rough gauge of concentration risk (the higher this figure, the more the fund's return depends on a handful of names). To see how USIG's holdings overlap with other ETFs you own or are considering, check the Stock Overlap tool.

Which Funds Overlap With USIG

Holding two funds that own the same companies adds cost and complexity without adding much diversification. These tracked ETFs share the most names with USIG's top 10 — IGSB overlaps most, holding 6 of the same companies as USIG's top 10 (9.9% of USIG's assets).

Compares the top 10 reported holdings of each fund, so it's a floor on true overlap — two S&P 500 trackers overlap ~100% even when only 10 names are listed. Use the Stock Overlap tool to search by individual company.

Market Backdrop

10-Year Treasury Yield: 4.65% (as of 2026-07-27) — The yield on 10-year US Treasury bonds — the standard "risk-free rate" benchmark used to contextualize this fund’s Sharpe ratio and returns.

CBOE Volatility Index (VIX): 18.67 (as of 2026-07-27) — A real-time gauge of expected S&P 500 volatility over the next 30 days — useful context for this fund’s own volatility label.

Federal Funds Rate: 3.63% (as of 2026-06-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

High-Yield Credit Spread: 2.81% (as of 2026-07-27) — The extra yield investors demand to hold high-yield corporate bonds over Treasuries — a real-time gauge of credit risk appetite relevant to this fund’s holdings.

USIG Liquidity, Domicile & Tax Treatment

Liquidity: Quoted bid/ask spread is 0.26% and average daily volume is 1.9M/day. Tighter spreads and higher volume mean lower round-trip trading costs; this is a live-market snapshot and can widen during volatile sessions. AUM of $17.6B provides ample scale, supporting tight spreads and issuer commitment to keep the fund open.

Domicile & tax treatment: USIG is a US-domiciled, SEC-registered ('40 Act) exchange-traded fund. Dividends and capital gains distributions are reported to US investors on Form 1099-DIV, and the fund is not subject to the PFIC reporting or UCITS-specific rules that apply to Irish- or Luxembourg-domiciled funds. Non-US investors should note that US-domiciled ETFs are generally subject to 30% US withholding tax on dividends (unless reduced by treaty) and to US estate tax exposure on the position — Irish-domiciled UCITS ETFs tracking the same index often avoid both, which is why non-US residents frequently prefer the UCITS equivalent where one exists. This is general information, not tax advice — consult a tax professional for your situation.

USIG Performance History

How USIG Compares to Other US Bonds - Corporate ETFs