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SCIO vs IGIB

First Trust Structured Credit Income Opportunities ETF vs iShares 5-10 Year Investment Grade Corporate Bond ETF

SCIO

First Trust Structured Credit Income Opportunities ETF

First Trust

Annual cost

0.70%

Fund size

$357M

IGIB

iShares 5-10 Year Investment Grade Corporate Bond ETF

iShares

Annual cost

0.04%

Fund size

$17.9B

Key differences

  • IGIB costs 0.66% less per year.
  • IGIB is significantly larger than SCIO — larger funds tend to be more liquid and less likely to close.
  • SCIO is classified as alternative, while IGIB is fixed income — different risk/return profiles.
  • SCIO follows a multi strategy strategy; IGIB uses index tracking.
  • IGIB has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

SCIOIGIB
Annual cost (TER)0.70%0.04%
Fund size (AUM)$357M$17.9B
Since20242007
Dividend yield6.09%4.73%
Asset classalternativefixed income
Regionnorth americanorth america
Strategymulti strategyindex tracking
CAGR 1Y+7.7%+7.2%
CAGR 3YN/A+6.4%
CAGR 5YN/A+1.6%
Sharpe 3YN/A0.50
Volatility 1Y3.83%4.20%
Max drawdown-1.72%-20.63%

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

Similar to SCIO and IGIB