GLOW vs IG
GLOW vs IG
VictoryShares WestEnd Global Equity ETF vs Principal Investment Grade Corporate ETF
Quick Verdict
IG has a lower expense ratio. GLOW delivered stronger 1-year returns. IG offers more diversification with 145 holdings.
Side-by-Side Comparison
| Metric | GLOW | IG | Winner |
|---|---|---|---|
| Expense Ratio | 0.72% | 0.19% | |
| AUM | $63M | $198M | |
| Dividend Yield | 1.28% | 5.07% | |
| Holdings | 16 | 248 | |
| YTD Return | +14.31% | -1.54% | |
| 1Y Return | +25.58% | +0.84% | |
| 3Y Return (annualized) | - | +4.56% | |
| 5Y Return (annualized) | - | -0.69% | |
| Volatility (annualized) | 10.7% | 8.0% | |
| Max Drawdown | -15.6% | -23.8% | |
| Fund Family | Victory Capital Management Inc. | Principal Funds | |
| Category | Equity | Fixed Income | |
| Inception | Jun 21, 2024 | Apr 18, 2018 |
GLOW vs IG Performance
VictoryShares WestEnd Global Equity ETF (GLOW) is a ETF from Victory Capital Management Inc. and Principal Investment Grade Corporate ETF (IG) is a ETF from Principal Funds. Over the past year GLOW returned +25.58% while IG returned +0.84%. Year to date, GLOW is up 14.31% versus a loss of 1.54% for IG.
Risk: Volatility and Drawdowns
GLOW has been the more volatile fund, with annualized monthly volatility of 10.7% compared with 8.0% for IG. 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 -15.6% for GLOW and -23.8% for IG. 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 0.60. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
GLOW charges 0.72% per year while IG charges 0.19%. On a $10,000 position that is $72 vs $19 annually, a gap of $53 per year that compounds over a long holding period. On income, GLOW currently yields 1.28% against 5.07% for IG.
Holdings Overlap
GLOW and IG share 0 holdings out of 160 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, GLOW or IG?
GLOW has an expense ratio of 0.72% while IG charges 0.19%. IG is the cheaper option. On a $10,000 investment, that is $53 per year of difference.
Which performed better, GLOW or IG?
Over the past year GLOW returned +25.58% vs +0.84% for IG, so GLOW leads on 1-year performance. Over the longest common window we track (2 years), GLOW annualized +19.77% vs +0.59% for IG. Past performance does not guarantee future results.
Which is riskier, GLOW or IG?
GLOW has been the more volatile fund at 10.7% annualized versus 8.0% for IG. Worst drawdown: GLOW -15.6% vs IG -23.8%.
Should I hold both GLOW and IG?
GLOW and IG have a monthly-return correlation of 0.60, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between GLOW and IG?
GLOW and IG share 0 common holdings with a 0.0% weight overlap. Combined, they hold 160 unique securities.
Which pays a higher dividend, GLOW or IG?
GLOW yields 1.28% while IG yields 5.07%, so IG currently pays the higher dividend yield.
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