TCW Corporate Bond ETF
$44.22−0.21 (−0.46%)
- Expense ratio
- 0.35%
- Fund size
- $41M
- 1Y return
- −0.8%
- Yield · Last 12 months
- 4.82%
- Holdings
- 427
- Volume · 30D
- 0M sh
- NAV per share
- $44.42
- 52W range
The ETF.net IGCB Grade
Score 46 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.DScore 34Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 76Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 43Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.DScore 34Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.DScore 39Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.CScore 44Category rank
Our read on IGCB
CMost investment-grade corporate bond ETFs just buy the index. IGCB hires a human: an active manager picking bonds issue by issue across roughly 400 US corporate names, with income paid monthly.
The fund is actively managed and seeks long-term total return through a diversified portfolio of investment-grade corporate bonds. Its process emphasizes fundamental research and issue selection.
Why people hold it
- Active by design. Managers select individual investment-grade corporate bonds on fundamental research instead of taking whatever a benchmark hands them.
- Spreads the bet across roughly 400 US investment-grade corporate bonds, so no single issuer carries the portfolio.
- Income arrives monthly rather than quarterly.
- What it holds tracks what it advertises: an investment-grade US corporate portfolio, consistent with the mandate in its own documents.
Worth knowing
- The 0.35% expense ratio is a real premium over index heavyweights like VCIT and USIG, which run at a few basis points. Active selection has to earn that gap.
- A small, thinly traded fund, so bid-ask spreads can run wider than the giants'. Limit orders matter more here.
- Active means the manager's picks drive results, so the portfolio can diverge from the broad corporate index in either direction.
IGCB Holdings
- Bonds
- 427
- 19%
- US TREASURY N/B 08/46 5.125
Geography
- United States97.46%
- Australia2.09%
- Germany0.28%
- France0.17%
IGCB Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 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 | IGCB |
|---|---|
| Year to date | −1.6% |
| 1 month | −0.5% |
| 3 months | −1.7% |
| 1 year | −0.8% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
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 | IGCB |
|---|---|---|
| 2026 YTD | −1.6% | |
| 2025 | +8.2% | |
| 2024 | −0.4% |
IGCB in the news
ETF.net Research hasn’t filed on IGCB yet — coverage lands here as it’s written.
IGCB Dividends
- 4.82%
- $2.14
- $0.16 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 1, 2026 | Sep 3, 2026 | $0.16 |
| Aug 3, 2026 | Aug 5, 2026 | $0.16 |
| Jul 1, 2026 | Jul 6, 2026 | $0.16 |
| Jun 1, 2026 | Jun 3, 2026 | $0.16 |
| May 1, 2026 | May 5, 2026 | $0.16 |
| Apr 1, 2026 | Apr 6, 2026 | $0.17 |
| Mar 2, 2026 | Mar 4, 2026 | $0.17 |
| Feb 2, 2026 | Feb 4, 2026 | $0.17 |
| Dec 17, 2025 | Dec 19, 2025 | $0.20 |
| Dec 1, 2025 | Dec 3, 2025 | $0.21 |
| Nov 3, 2025 | Nov 5, 2025 | $0.21 |
| Oct 1, 2025 | Oct 3, 2025 | $0.21 |
IGCB Risk
- 3.9%
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.
- −0.26
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.
- −4.2%
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.
- 1.19
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
IGCB Cost
- The middle half of Investment Grade Corporate funds
- Median 0.30%
29 of the 49 Investment Grade Corporate funds charge less.