IGIB Outperforms FIGB on Cost, Diversification and Yield

Overview

• IGIB led total return over the last year with 9.12% versus 5.98% for FIGB, reflecting stronger results from corporate credit exposure.
• IGIB’s expense ratio is 0.04%, well below FIGB’s 0.36%, which leaves more of each coupon payment for investors.
• Portfolio breadth differs sharply as IGIB holds nearly 3,000 investment-grade corporate bonds, while FIGB owns about 180 securities with roughly 43.98% in government-backed holdings.
• Income favors IGIB with a reported 4.7% dividend yield compared with 4.1% for FIGB, offering a larger payout from a bond allocation.
• Scale tilts to IGIB at about $17.7 billion in assets versus $450.9 million for FIGB, a size gap that typically supports tighter trading spreads and easier trade execution.