USIG vs SPY

Comparison between ISHARES BROAD USD INVESTMENT GRADE CORPORATE BOND ETF (USIG, ETF) and SPDR S&P 500 ETF Trust (SPY, ETF).

5-Year PerformanceSPY has outperformed USIG, delivering a return of +13.3% compared to +0.8%

USIG vs SPY - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	USIG(ETF)	SPY(ETF)
Net Assets	$17B	$652B
Expense Ratio	0.04%	0.09%
Max Drawdown	24.90%	56.47%
Sharpe Ratio	0.65	2.07
5Y Beta	0.10	1.00
P/E Ratio	N/A	28.24
Forward P/E	N/A	21.85
5Y Dividends CAGR	9.69%	5.43%
5Y EPS CAGR	N/A	25.79%
Debt to Equity	N/A	22.35%
P/S Ratio	N/A	3.55
P/B Ratio	N/A	5.29

Net Assets

USIG

$17B

Winner

SPY

$652B

Expense Ratio

Winner

USIG

0.04%

SPY

0.09%

Max Drawdown

Winner

USIG

24.90%

SPY

56.47%

Sharpe Ratio

USIG

0.65

Winner

SPY

2.07

5Y Beta

Winner

USIG

0.10

SPY

1.00

P/E Ratio

USIG

N/A

SPY

28.24

Forward P/E

USIG

N/A

SPY

21.85

5Y Dividends CAGR

Winner

USIG

9.69%

SPY

5.43%

5Y EPS CAGR

USIG

N/A

SPY

25.79%

Debt to Equity

USIG

N/A

SPY

22.35%

P/S Ratio

USIG

N/A

SPY

3.55

P/B Ratio

USIG

N/A

SPY

5.29

USIG vs SPY - Historical Returns

Returns include dividend reinvestment.

Period	USIG	SPY
1 month	+0.28%	+9.11%
3 months	+0.02%	+6.59%
6 months	+1.20%	+10.56%
1 year	+6.91%	+32.04%
5 years(CAGR)	+0.82%	+13.35%
10 years(CAGR)	+2.68%	+15.49%
Max(CAGR)	+3.96%	+8.50%

USIG

+0.28%

Winner

SPY

+9.11%

USIG

+0.02%

Winner

SPY

+6.59%

USIG

+1.20%

Winner

SPY

+10.56%

USIG

+6.91%

Winner

SPY

+32.04%

5Y(CAGR)

USIG

+0.82%

Winner

SPY

+13.35%

10Y(CAGR)

USIG

+2.68%

Winner

SPY

+15.49%

Max(CAGR)

USIG

+3.96%

Winner

SPY

+8.50%

USIG vs SPY - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	USIG	SPY
2026	+0.70%	+8.27%
2025	+7.86%	+18.00%
2024	+3.06%	+25.59%
2023	+7.57%	+26.72%
2022	-14.62%	-18.64%
2021	-1.05%	+30.52%
2020	+9.20%	+17.28%
2019	+13.82%	+31.09%
2018	-1.91%	-5.24%
2017	+5.66%	+20.78%
2016	+5.33%	+13.59%
2015	-1.76%	+1.31%
2014	+7.98%	+14.56%
2013	-2.51%	+29.00%
2012	+7.70%	+14.17%
2011	+9.02%	+0.85%
2010	+7.81%	+13.14%
2009	+11.22%	+22.67%
2008	-0.75%	-36.25%
2007	+4.73%	+5.32%
2006	N/A	+13.85%
2005	N/A	+5.32%
2004	N/A	+10.75%
2003	N/A	+24.18%
2002	N/A	-22.42%
2001	N/A	-10.13%
2000	N/A	-8.84%
1999	N/A	+8.61%

USIG vs SPY Drawdown Comparison

The maximum drawdown for USIG was -22.21%, occurring on Oct 10, 2008. Recovery took 334 trading sessions.

The maximum drawdown for SPY was -55.20%, occurring on Mar 9, 2009. Recovery took 1224 trading sessions.

The current USIG drawdown is -0.84%.

Rank	USIG	SPY
#1	-22.21% Feb 5, 2008 - Jun 3, 2009	-55.20% Oct 9, 2007 - Aug 16, 2012
#2	-21.45% Sep 22, 2021 - Oct 14, 2025	-47.50% Mar 24, 2000 - Oct 26, 2006
#3	-18.88% Mar 6, 2020 - Jun 30, 2020	-33.70% Feb 19, 2020 - Aug 10, 2020
#4	-7.07% May 2, 2013 - May 1, 2014	-24.50% Jan 3, 2022 - Dec 13, 2023
#5	-5.24% Dec 31, 2020 - Jul 28, 2021	-19.34% Sep 20, 2018 - Apr 12, 2019
#6	-5.04% Aug 29, 2016 - Jun 14, 2017	-18.76% Feb 19, 2025 - Jun 26, 2025
#7	-4.96% Jan 30, 2015 - Apr 5, 2016	-13.02% Jul 20, 2015 - Apr 18, 2016
#8	-4.68% Oct 7, 2010 - May 5, 2011	-10.10% Jan 26, 2018 - Aug 6, 2018
#9	-4.06% Dec 15, 2017 - Feb 8, 2019	-9.44% Sep 2, 2020 - Nov 11, 2020
#10	-3.19% Mar 7, 2007 - Sep 5, 2007	-9.30% Jan 19, 2000 - Mar 17, 2000
#11	-2.79% Feb 23, 2026 - Mar 27, 2026	-9.05% Jul 19, 2007 - Oct 5, 2007
#12	-2.78% Nov 26, 2007 - Jan 7, 2008	-8.88% Jan 27, 2026 - Apr 14, 2026
#13	-2.50% Aug 28, 2019 - Oct 4, 2019	-8.41% Jul 16, 2024 - Sep 19, 2024
#14	-2.44% Aug 4, 2011 - Sep 2, 2011	-7.35% Sep 14, 2012 - Jan 2, 2013
#15	-2.43% Aug 6, 2020 - Nov 23, 2020	-7.27% Sep 18, 2014 - Oct 31, 2014

Correlation

Correlation between USIG and SPY is 0.84 which considered as a strong positive correlation - the stocks tend to move together.

0.84

-101

Dividend Comparison (1999 - 2026)

USIG vs SPY dividend yield comparison.

Year	USIG	SPY
2026	1.56%	0.24%
2025	4.62%	1.07%
2024	4.51%	1.21%
2023	3.94%	1.40%
2022	3.14%	1.65%
2021	2.33%	1.20%
2020	2.82%	1.52%
2019	3.37%	1.75%
2018	3.44%	2.04%
2017	3.03%	1.80%
2016	2.87%	2.03%
2015	3.24%	2.06%
2014	3.32%	1.87%
2013	3.53%	1.81%
2012	3.23%	2.18%
2011	4.11%	2.05%
2010	4.56%	1.80%
2009	4.95%	1.95%
2008	5.12%	3.02%
2007	5.22%	1.85%
2006	0.00%	1.73%
2005	0.00%	1.73%
2004	0.00%	1.82%
2003	0.00%	1.47%
2002	0.00%	1.70%
2001	0.00%	1.25%
2000	0.00%	1.15%
1999	0.00%	0.24%