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) is a $17.8 billion fund issued by iShares, ranked eighth among 17 peers in the US Bonds - Corporate category. It holds an overall grade of C with a score of 56.1 out of 100, reflecting its position at number 292 across all tracked ETFs. The fund’s expense ratio of 0.04% sits below the category median of 0.06%, offering a cost advantage to investors. With a dividend yield of 4.84%, it trails the category median of 4.93% slightly. The portfolio is concentrated, with the top ten holdings representing only 10.1% of assets and the largest position, BlackRock Funds III, accounting for 9.4%.

Price action shows the fund trading at $50.00, which is near the bottom of its 52-week range at just 4.6% above the low. Short-term returns have been negative, with one-month and three-month figures at -0.23% and -0.53% respectively. This contrasts with a positive one-year return of +1.24%, though this still lags the category median of +2.85%. Longer-term performance remains stronger, with a three-year return of +17.38%. The ETFValuer grade has remained unchanged at C over the last 35 tracked days, and price history is available for only 3.0 years.

The fund exhibits a beta of 1.05, indicating it moves slightly more than the broader market. Annualized volatility is recorded at 4.05%, a level labeled as Very Low. Despite this low volatility, the Sharpe ratio is negative at -0.93, suggesting poor risk-adjusted returns relative to the risk-free rate. Maximum drawdown has been limited to -4.50%, showing resilience against significant price drops. Liquidity is supported by an average daily volume of 2,037,652 shares, though the bid/ask spread of 0.74% is relatively wide.

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: 4.77% (as of 2026-09-03) — 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): 14.32 (as of 2026-09-03) — 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 2026-08-01) — The Federal Reserve’s target policy rate, which anchors short-term borrowing costs across the economy.

High-Yield Credit Spread: 2.65% (as of 2026-09-03) — 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 0.74% and average daily volume is 2.0M/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 $17.8B 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