PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund
$91.98+0.02 (+0.02%)
- 0.41%
- $1.3B
- −2.0%
- 5.17%
- 0.1M sh
- $91.94
- low $91.08high $99.63
The ETF.net CORP Grade
B
Score 58 out of 100
- 22 of 49
Score 58 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.F24 out of 100Rank 37 of 49Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 45Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C46 out of 100Rank 25 of 49Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B67 out of 100Rank 12 of 49Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C53 out of 100Rank 28 of 49Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A79 out of 100Rank 7 of 49
Our read on CORP
BPIMCO is famous for active bond management. CORP is the opposite: since 2010 it has simply followed the ICE BofA US Corporate Index across roughly 1,400 investment grade corporate bonds, paying income monthly.
The Fund seeks total return that closely follows the ICE BofA US Corporate Index before fees and expenses, normally investing at least 80% of assets in the index's component securities.
Why people hold it
- Narrow mandate, honored: at least 80% of assets in components of the ICE BofA US Corporate Index, and it has tracked that benchmark closely.
- Whole-market credit exposure, roughly 1,400 bonds across the maturity curve, while highly ranked peers like IGSB and IGIB carve off a single maturity band.
- Trading since 2010, a billion-dollar-plus fund that distributes monthly inside a standard 1940 Act ETF wrapper.
Worth knowing
- Price is the trade-off: 0.41% a year against a 0.19% cohort median, and USIG follows the same index for 0.04%.
- Moderately traded rather than a volume leader, so spreads can widen in choppy markets. Limit orders are the usual tool.
- Full maturity range means more interest-rate sensitivity than short-duration corporate peers such as IGSB.
CORP Holdings
- Bonds
- 1,385
- 14%
- Net Other Assets
Geography
- United States78.40%
- United Kingdom4.64%
- Japan3.41%
- Canada3.08%
- France2.43%
- Spain0.98%
- Netherlands0.81%
- Ireland0.80%
- 5.44%
CORP Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
CORP$9,801
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | CORP |
|---|---|
| Year to date | −2.5% |
| 1 month | −1.2% |
| 3 months | −2.7% |
| 1 year | −2.0% |
| 3 years | +5.6% |
| 5 years | +0.1% |
| 10 years | +2.3% |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | CORP |
|---|---|---|
| 2026 YTD | −2.5% | |
| 2025 | +8.0% | |
| 2024 | +2.5% | |
| 2023 | +9.1% | |
| 2022 | −15.0% | |
| 2021 | −1.2% | |
| 2020 | +9.7% |
CORP in the news
Filings Digest
VanEck cuts its CLO ETF fee from 0.36% to 0.29%
CORP Dividends
- 5.17%
- $4.75
- $0.40 per share
- Monthly
Distribution history
CORP Risk
- 6.2%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.11
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −20.8%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.03
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
CORP Cost
0.41%
CORP0.41%
- The middle half of Investment Grade Corporate funds
- Median 0.29%
36 of the 49 Investment Grade Corporate funds charge less.
Other funds in Investment Grade Corporate
- BIGPrincipal Investment Grade Corporate Active ETFExpense ratio 0.19%1 year return −1.9%
- BINVGGMO Systematic Investment Grade Credit ETFExpense ratio 0.25%1 year return −1.7%
- BFLCOFranklin Investment Grade Corporate ETFExpense ratio 0.35%1 year return −2.2%
- BJHCBJohn Hancock Corporate Bond ETFExpense ratio 0.29%1 year return −2.6%
- BGXIGGlobal X - Investment Grade Corporate Bond ETFExpense ratio 0.15%1 year return −2.7%