IGCB vs IVV
IGCB vs IVV
TCW Corporate Bond ETF vs iShares Core S&P 500 ETF
Quick Verdict
IVV has a lower expense ratio. IVV delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | IGCB | IVV | Winner |
|---|---|---|---|
| Expense Ratio | 0.35% | 0.03% | |
| AUM | - | $865.2B | |
| Dividend Yield | 4.73% | 1.09% | |
| Holdings | 391 | 508 | |
| YTD Return | -0.75% | +13.31% | |
| 1Y Return | +1.46% | +24.00% | |
| 3Y Return (annualized) | - | +21.16% | |
| 5Y Return (annualized) | - | +13.34% | |
| Volatility (annualized) | 4.0% | 15.1% | |
| Max Drawdown | -4.2% | -56.5% | |
| Fund Family | TCW ETFs | iShares by BlackRock (US) | |
| Category | Fixed Income | Equity | |
| Inception | Jun 29, 2018 | May 15, 2000 |
IGCB vs IVV Performance
TCW Corporate Bond ETF (IGCB) is a ETF from TCW ETFs and iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US). Over the past year IGCB returned +1.46% while IVV returned +24.00%. Year to date, IGCB is down 0.75% versus a gain of 13.31% for IVV.
Risk: Volatility and Drawdowns
IVV has been the more volatile fund, with annualized monthly volatility of 15.1% compared with 4.0% for IGCB. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -4.2% for IGCB and -56.5% for IVV. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.32. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IGCB charges 0.35% per year while IVV charges 0.03%. On a $10,000 position that is $35 vs $3 annually, a gap of $32 per year that compounds over a long holding period. On income, IGCB currently yields 4.73% against 1.09% for IVV.
Holdings Overlap
IGCB and IVV share 1 holdings out of 822 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Top Shared Holdings
| Stock | Weight in IGCB | Weight in IVV | Difference |
|---|---|---|---|
| CNP | 0.22% | 0.04% | 0.18% |
Frequently Asked Questions
Which is cheaper, IGCB or IVV?
IGCB has an expense ratio of 0.35% while IVV charges 0.03%. IVV is the cheaper option. On a $10,000 investment, that is $32 per year of difference.
Which performed better, IGCB or IVV?
Over the past year IGCB returned +1.46% vs +24.00% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (2 years), IGCB annualized +4.08% vs +7.03% for IVV. Past performance does not guarantee future results.
Which is riskier, IGCB or IVV?
IVV has been the more volatile fund at 15.1% annualized versus 4.0% for IGCB. Worst drawdown: IGCB -4.2% vs IVV -56.5%.
Should I hold both IGCB and IVV?
IGCB and IVV have a monthly-return correlation of 0.32, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IGCB and IVV?
IGCB and IVV share 1 common holdings with a 0.0% weight overlap. Combined, they hold 822 unique securities.
Which pays a higher dividend, IGCB or IVV?
IGCB yields 4.73% while IVV yields 1.09%, so IGCB currently pays the higher dividend yield.
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