INVGGMO Systematic Investment Grade Credit ETF
Seeks total return in excess of the Bloomberg U.S. Corporate Index.
By GMO · Launched 2025
0.25%
#1,230 of 5,562 · low cost
$28M
#4,121 of 5,562 · small
—
1 year
#4,426 of 5,562 · young
Performance
Total-return NAV · USDTotal-return NAV, USD. Net of fund fees, before tax.
Classification
How Beacon categorizes this fundWhat it actually holds
By weightConcentration
Top 10 holdings = 10.2% of fund✓ well diversified
Asset allocation
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsYear-on-year price swings
Worst peak-to-trough loss
Needs 3+ years of history
Needs 3+ years of history
Bond profile
Duration
5.2 years
Avg maturity
9.9 years
Where to buy
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks total return in excess of the Bloomberg U.S. Corporate Index.
- Strategy
- Actively managed ETF investing primarily in U.S. investment grade debt securities. Utilizes a systematic approach analyzing bonds based on value, quality, momentum, and fundamentals, while managing exposure to risks like liquidity and credit spreads.
- Inception date
- June 3, 2025
- Fund family
- GMO
Similar ETFs
Closest matches by profileOur take
Structural notes on how this fund behaves. Read our guide on the 6 warning signs.
Closet indexer — active fees, passive behavior
This fund charges active-management fees but closely tracks its benchmark index. You may be paying a premium for active management that does not meaningfully exist — a combination of high R² versus the benchmark, low tracking error, and a TER sitting well above the passive peer-group median.
- R²
- 96.5%
- TE
- 1.3%
- Beta
- 0.82
- Fee
- 4× 0.07%
Source: Cremers & Petajisto (2009) · Amihud & Goyenko (2013) · ESMA (2016)
Why we flagged this: strategy=active_selection + high_r_squared+low_tracking_error+fee_premium
Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More
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Data updated on 2026-06-19