IGEB vs SUSC
iShares Investment Grade Systematic Bond ETF vs iShares ESG Aware USD Corporate Bond ETF
Which is better, IGEB or SUSC?
Each has led over a different period.
IGEB led over the full window, SUSC over 1Y, 3Y and 5Y. The two have moved almost in lockstep, correlation 0.98.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | IGEB | SUSC |
|---|---|---|
| Expense Ratio | 0.18%Tie | 0.18%Tie |
| AUM | $1.4B | $1.3B |
| Dividend Yield | 5.16% | 4.60% |
| Holdings | 449 | 3,970 |
| YTD Return | -5.98% | -2.48%Best |
| 1Y Return | -6.14% | -2.44%Best |
| 3Y Return (annualized) | +4.30% | +5.40%Best |
| 5Y Return (annualized) | -0.54% | -0.29%Best |
| Volatility (annualized) | 7.3% | 7.1%Best |
| Max Drawdown | -21.1%Best | -22.6% |
| $10,000 over 5 years | $9,733 | $9,856Best |
| Fund Family | iShares by BlackRock (US) | iShares by BlackRock (US) |
| Category | Fixed Income | Fixed Income |
| Style | Long Term Mid Quality | Long Term Mid Quality |
| Inception | Jul 11, 2017 | Jul 11, 2017 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: Jul 20, 2017 to Oct 12, 2026 (9.2 years).
IGEB vs SUSC growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 9.2 years both funds cover.
IGEB vs SUSC Performance
iShares Investment Grade Systematic Bond ETF (IGEB) is an ETF from iShares by BlackRock (US) and iShares ESG Aware USD Corporate Bond ETF (SUSC) is an ETF from iShares by BlackRock (US). Over the past year IGEB returned -6.14% while SUSC returned -2.44%. Year to date, IGEB is down 5.98% versus a loss of 2.48% for SUSC.
Over three years, IGEB compounded at +4.30% per year against +5.40% for SUSC; over five years the annualized figures are -0.54% and -0.29% respectively. Across the full 9-year window we track, IGEB has the edge at +2.14% annualized vs +0.82%.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
IGEB has been the more volatile fund, with annualized monthly volatility of 7.3% compared with 7.1% for SUSC. 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 -21.1% for IGEB and -22.6% for SUSC. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.98. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
IGEB charges 0.18% per year while SUSC charges 0.18%. On a $10,000 position that is $18 vs $18 annually. On income, IGEB currently yields 5.16% against 4.60% for SUSC.
Holdings Overlap
We hold position weights for 355 holdings in IGEB and 3,632 in SUSC, totalling 82.2% and 90.5% of the two funds. Neither is a share of a fund we can divide by, so no overlap percentage is shown here. Within what we can see, 179 positions appear in both.
179 positions in common, counted across the 355 positions we hold weights for in IGEB and 3,632 in SUSC, against full books of 449 and 3,970.
Top Shared Holdings
| Stock | Weight in IGEB | Weight in SUSC | Difference |
|---|---|---|---|
| XTSLABlackrock Cash Funds: Treasury, Sl Agency Shares | 0.53% | 0.19% | 0.34% |
| LNG 5.65 04/15/34Cheniere Energy Inc Sr Unsecured 04/34 5.65 | 0.48% | 0.15% | 0.33% |
| BRITEL 9.625 12/15/3British Telecommunications Plc 8.625% 12/15/2030 | 0.48% | 0.14% | 0.34% |
| HSBC V3.973 05/22/30Hsbc Holdings Plc 3.97% 05/22/2030 | 0.51% | 0.09% | 0.42% |
| DAL 5.25 07/10/30Delta Air Lines Inc 5.25 07/10/2030 | 0.48% | 0.08% | 0.40% |
| ORAFP 8.5 03/01/31Orange Sa | 0.46% | 0.09% | 0.37% |
| CRHID 5.4 05/21/34Crh America Finance Inc 5.4% 21May2034 | 0.36% | 0.19% | 0.17% |
| JPM V2.963 01/25/33Jpmorgan Chase & Co. 1D US Sofr + 1.26 01/25/2033 | 0.50% | 0.04% | 0.46% |
| CAH 5.35 11/15/34Cardinal Health Inc Sr Unsecured 11/34 5.35 | 0.48% | 0.06% | 0.42% |
| PRU V5.7 09/15/48Prudential Financial Inc Jr Subordina 09/48 Var | 0.52% | 0.01% | 0.51% |
You are not choosing between two funds in isolation.
Whichever of IGEB and SUSC you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IGEB or SUSC?
IGEB has an expense ratio of 0.18% while SUSC charges 0.18%. At the precision these are quoted to, they cost the same.
Which performed better, IGEB or SUSC?
Over the past year IGEB returned -6.14% vs -2.44% for SUSC, so SUSC leads on 1-year performance. Over the longest common window we track (9 years), IGEB annualized +2.14% vs +0.82% for SUSC. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IGEB or SUSC?
IGEB has been the more volatile fund at 7.3% annualized versus 7.1% for SUSC. Worst drawdown: IGEB -21.1% vs SUSC -22.6%.
Should I hold both IGEB and SUSC?
IGEB and SUSC have a monthly-return correlation of 0.98, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
Which pays a higher dividend, IGEB or SUSC?
IGEB yields 5.16% while SUSC yields 4.60%, so IGEB currently pays the higher dividend yield.
Is SUSC better than IGEB?
IGEB led over the full window, SUSC over 1Y, 3Y and 5Y. The two have moved almost in lockstep, correlation 0.98. Which one suits a particular account depends on what it is for. This is information, not a recommendation.