PAI vs IVVB

Comparison between Western Asset Investment Grade Income Fund Inc (PAI, ETF) and iShares Large Cap Deep Buffer ETF (IVVB, ETF).

PAI vs IVVB - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	PAI(ETF)	IVVB(ETF)
Net Assets	$125M	$124M
Expense Ratio	N/A	0.50%
Max Drawdown	45.93%	13.34%
Sharpe Ratio	-0.71	1.06
5Y Beta	0.22	0.56
5Y Dividends CAGR	3.72%	N/A

Net Assets

Winner

PAI

$125M

IVVB

$124M

Expense Ratio

PAI

N/A

IVVB

0.50%

Max Drawdown

PAI

45.93%

Winner

IVVB

13.34%

Sharpe Ratio

PAI

-0.71

Winner

IVVB

1.06

5Y Beta

Winner

PAI

0.22

IVVB

0.56

5Y Dividends CAGR

PAI

3.72%

IVVB

N/A

PAI vs IVVB - Historical Returns

Returns include dividend reinvestment.

Period	PAI	IVVB
1 month	-0.48%	+0.71%
3 months	-0.79%	+3.73%
6 months	-2.15%	+4.54%
1 year	-1.15%	+12.14%
5 years(CAGR)	-0.44%	N/A
10 years(CAGR)	+2.81%	N/A
Max(CAGR)	+6.00%	+11.67%

PAI

-0.48%

Winner

IVVB

+0.71%

PAI

-0.79%

Winner

IVVB

+3.73%

PAI

-2.15%

Winner

IVVB

+4.54%

PAI

-1.15%

Winner

IVVB

+12.14%

5Y(CAGR)

PAI

-0.44%

IVVB

N/A

10Y(CAGR)

PAI

+2.81%

IVVB

N/A

Max(CAGR)

PAI

+6.00%

Winner

IVVB

+11.67%

PAI vs IVVB - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	PAI	IVVB
2026	-1.84%	+4.91%
2025	+7.09%	+9.71%
2024	+9.44%	+19.14%
2023	+7.42%	+2.60%
2022	-21.03%	N/A
2021	+1.88%	N/A
2020	+6.17%	N/A
2019	+20.23%	N/A
2018	-11.78%	N/A
2017	+16.74%	N/A
2016	+15.58%	N/A
2015	+1.70%	N/A
2014	+7.73%	N/A
2013	-7.43%	N/A
2012	+12.40%	N/A
2011	+13.11%	N/A
2010	+6.63%	N/A
2009	+29.99%	N/A
2008	-16.92%	N/A
2007	-5.46%	N/A
2006	+16.18%	N/A
2005	-0.98%	N/A
2004	+10.46%	N/A
2003	+15.49%	N/A
2002	+6.03%	N/A
2001	+14.94%	N/A
2000	+25.82%	N/A
1999	-2.13%	N/A

PAI vs IVVB Drawdown Comparison

The maximum drawdown for PAI was -38.96%, occurring on Nov 24, 2008. Recovery took 575 trading sessions.

The maximum drawdown for IVVB was -13.08%, occurring on Apr 8, 2025. Recovery took 106 trading sessions.

The current PAI drawdown is -11.83%. The current IVVB drawdown is -0.47%.

Rank	PAI	IVVB
#1	-38.96% Jun 1, 2007 - Sep 11, 2009	-13.08% Feb 19, 2025 - Jul 23, 2025
#2	-33.71% Dec 2, 2021 - Oct 20, 2022	-7.77% Jul 28, 2023 - Dec 13, 2023
#3	-30.98% Nov 15, 2019 - Jul 15, 2020	-5.75% Feb 2, 2026 - Apr 22, 2026
#4	-22.02% Nov 26, 2012 - Apr 22, 2016	-5.35% Jul 16, 2024 - Aug 21, 2024
#5	-19.82% Sep 28, 2017 - Jun 11, 2019	-3.51% Mar 28, 2024 - May 15, 2024
#6	-13.79% May 24, 2010 - Sep 1, 2011	-3.44% Aug 30, 2024 - Sep 17, 2024
#7	-13.48% Aug 30, 2016 - Jun 19, 2017	-3.03% Dec 16, 2024 - Feb 13, 2025
#8	-10.99% Mar 17, 2004 - Sep 15, 2004	-3.02% Nov 12, 2025 - Nov 28, 2025
#9	-9.79% Nov 9, 2012 - Nov 21, 2012	-2.02% Dec 11, 2025 - Dec 23, 2025
#10	-9.55% Sep 28, 2020 - Aug 20, 2021	-1.93% Jan 12, 2026 - Jan 27, 2026
#11	-9.15% Sep 24, 2002 - Dec 16, 2002	-1.75% Oct 8, 2025 - Oct 20, 2025
#12	-8.91% Jun 20, 2003 - Nov 20, 2003	-1.66% Jun 1, 2026 - Jul 6, 2026
#13	-8.83% Sep 30, 2009 - Mar 17, 2010	-1.63% Oct 18, 2024 - Nov 6, 2024
#14	-8.29% Sep 15, 2021 - Nov 19, 2021	-1.48% May 21, 2024 - Jun 5, 2024
#15	-8.08% Feb 10, 2005 - Jun 30, 2005	-1.37% Jul 28, 2025 - Aug 8, 2025

Correlation

Correlation between PAI and IVVB is 0.92 which considered as a very strong positive correlation - the stocks move almost identically together.

0.92

-101

Dividend Comparison (1999 - 2026)

PAI vs IVVB dividend yield comparison.

Year	PAI	IVVB
2026	2.19%	0.00%
2025	5.45%	1.22%
2024	4.83%	0.87%
2023	4.67%	0.00%
2022	4.82%	0.00%
2021	3.57%	0.00%
2020	3.82%	0.00%
2019	4.43%	0.00%
2018	5.23%	0.00%
2017	4.36%	0.00%
2016	4.82%	0.00%
2015	5.30%	0.00%
2014	5.13%	0.00%
2013	5.24%	0.00%
2012	4.84%	0.00%
2011	5.39%	0.00%
2010	6.13%	0.00%
2009	7.37%	0.00%
2008	9.37%	0.00%
2007	8.28%	0.00%
2006	5.59%	0.00%
2005	7.58%	0.00%
2004	9.41%	0.00%
2003	6.38%	0.00%
2002	6.97%	0.00%
2001	7.28%	0.00%
2000	8.00%	0.00%
1999	2.10%	0.00%