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PICB vs IGEB

Invesco International Corporate Bond ETF vs iShares Investment Grade Systematic Bond ETF

PICB

Invesco International Corporate Bond ETF

Invesco

Annual cost

0.50%

Fund size

$360M

IGEB

iShares Investment Grade Systematic Bond ETF

iShares

Annual cost

0.18%

Fund size

$1.4B

Key differences

  • IGEB costs 0.32% less per year.
  • IGEB is significantly larger than PICB — larger funds tend to be more liquid and less likely to close.
  • PICB has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

PICBIGEB
Annual cost (TER)0.50%0.18%
Fund size (AUM)$360M$1.4B
Since20102017
Dividend yield3.29%5.03%
Asset classfixed incomefixed income
Regionnorth america
Strategyindex trackingindex tracking
CAGR 1Y+4.5%+6.9%
CAGR 3Y+5.9%+5.8%
CAGR 5Y-2.1%+1.2%
Sharpe 3Y0.300.40
Volatility 1Y7.88%4.24%
Max drawdown-37.15%-21.13%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

Similar to PICB and IGEB