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SCIO vs IGEB

First Trust Structured Credit Income Opportunities ETF vs iShares Investment Grade Systematic Bond ETF

SCIO

First Trust Structured Credit Income Opportunities ETF

First Trust

Annual cost

0.70%

Fund size

$357M

IGEB

iShares Investment Grade Systematic Bond ETF

iShares

Annual cost

0.18%

Fund size

$1.4B

Key differences

  • IGEB costs 0.52% less per year.
  • IGEB is significantly larger than SCIO — larger funds tend to be more liquid and less likely to close.
  • SCIO is classified as alternative, while IGEB is fixed income — different risk/return profiles.
  • SCIO follows a multi strategy strategy; IGEB uses index tracking.
  • IGEB has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

SCIOIGEB
Annual cost (TER)0.70%0.18%
Fund size (AUM)$357M$1.4B
Since20242017
Dividend yield6.09%5.03%
Asset classalternativefixed income
Regionnorth americanorth america
Strategymulti strategyindex tracking
CAGR 1Y+7.7%+6.9%
CAGR 3YN/A+6.1%
CAGR 5YN/A+1.3%
Sharpe 3YN/A0.45
Volatility 1Y3.83%4.23%
Max drawdown-1.72%-21.13%

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

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