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 currently contains 17 funds tracked by ETFValuer. Issued by iShares, this fund has accumulated assets under management of $17.6 billion and trades at a price of $50.29. It holds an overall rank of #297 out of 458 tracked ETFs across all categories and has received an ETFValuer grade of C with a score of 57.1 out of 100. The fund offers a low expense ratio of 0.04% while providing a dividend yield of 4.72%. The substantial asset size and relatively low cost structure suggest significant investor adoption for a fund in this specific bond sector. Despite its broad ranking position, the fund maintains a notable presence in the market through its large asset base and income generation capabilities.

Short-term performance data shows mixed results, with the fund gaining +0.04% over one day but declining -0.89% over one week and -1.72% over one month. The three-month return of -1.08% and six-month return of -0.93% indicate a period of modest losses that have slightly stabilized compared to the one-month decline. Year-to-date performance stands at -0.53%, reflecting a continued struggle to generate positive returns in the current period. However, the one-year return of +3.00% demonstrates a recovery from the recent short-term weakness. Over a longer three-year horizon, the fund has delivered a cumulative return of +15.07%, suggesting that recent declines have not erased the gains achieved over the medium term.

USIG carries a volatility label of Very Low, which contrasts with a beta of 1.04, indicating the fund moves slightly more than the broader market despite its low volatility classification. The Sharpe ratio of -0.49 suggests that the risk-adjusted returns have been negative over the measured period, as the returns have not adequately compensated for the risk taken. A maximum drawdown of -5.88% highlights the largest peak-to-trough decline experienced by the fund, representing the extent of potential losses during adverse market conditions. This combination of a negative Sharpe ratio and a defined maximum drawdown implies that while the fund is generally stable, it has faced periods where losses exceeded the compensation provided by its returns. The beta above 1.00 further suggests that in up markets, the fund may exhibit slightly higher sensitivity to market movements than the average asset.

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: 4.71% (as of 2026-07-23) — 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): 18.70 (as of 2026-07-23) — 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: 2.77% (as of 2026-07-23) — 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 0.04% 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