Invesco Investment Grade Defensive ETF
$23.84−0.14 (−0.58%)
- Expense ratio
- 0.13%
- Fund size
- $26M
- 1Y return
- +0.7%
- Yield · Last 12 months
- 4.29%
- Holdings
- 162
- Volume · 30D
- 0M sh
- NAV per share
- $23.98
- 52W range
The ETF.net IIGD Grade
Score 71 of 100 sits in the A 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.AScore 88Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 77Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.BScore 62Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 50Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.AScore 76Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.DScore 38Category rank
Our read on IIGD
AMost investment-grade corporate funds just buy the whole market. IIGD screens it first: higher-quality issuers, shorter maturities, roughly 160 bonds, 0.13% a year. A defensive tilt inside the calmer corner of credit.
The Fund seeks exposure to U.S. investment-grade bonds with relatively higher credit quality and shorter maturities, using representative sampling of its underlying index.
Why people hold it
- Defensive by design. The index targets U.S. investment-grade bonds with relatively higher credit quality and shorter maturities, so you hold a screened slice rather than the whole corporate market.invesco.com
- 0.13% a year undercuts the typical investment-grade corporate ETF, which is unusual for a rules-based screen rather than a plain market-cap index.
- Roughly 160 bonds, sampled to follow the index closely, with cash paid out monthly. On measured tracking and portfolio build it sits in the upper half of its investment-grade corporate peer group.
Worth knowing
- The screen cuts both ways: shorter maturities and higher-rated issuers mean less interest-rate and credit risk than a broad corporate index, and less of the extra yield that comes with them.
- Small and thinly traded next to the category giants. Spreads can be wider than headline funds, so limit orders matter, and modest assets are worth watching in any niche fund.
- Cheap for what it does, but not the floor: the big broad corporate index funds (VCIT, USIG, SPIB, IGIB) charge a few basis points for whole-market exposure.
IIGD Holdings
- Bonds
- 162
- 7%
- USD Pending Dividends
Sectors
- Financials100.0%
Geography
- United States97.42%
- Luxembourg1.28%
- United Kingdom0.68%
- Ireland0.62%
IIGD 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 | IIGD |
|---|---|
| Year to date | −0.4% |
| 1 month | −0.8% |
| 3 months | −0.5% |
| 1 year | +0.7% |
| 3 years | +5.0% |
| 5 years | +1.5% |
| 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 | IIGD |
|---|---|---|
| 2026 YTD | −0.4% | |
| 2025 | +7.1% | |
| 2024 | +3.9% | |
| 2023 | +5.7% | |
| 2022 | −7.2% | |
| 2021 | −1.4% | |
| 2020 | +6.3% |
IIGD in the news
ETF.net Research hasn’t filed on IIGD yet — coverage lands here as it’s written.
IIGD Dividends
- 4.29%
- $1.03
- $0.09 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 21, 2026 | Pays Sep 25, 2026 | $0.09 |
| Aug 24, 2026 | Aug 28, 2026 | $0.08 |
| Jul 20, 2026 | Jul 24, 2026 | $0.09 |
| Jun 22, 2026 | Jun 26, 2026 | $0.09 |
| May 18, 2026 | May 22, 2026 | $0.09 |
| Apr 20, 2026 | Apr 24, 2026 | $0.08 |
| Mar 23, 2026 | Mar 27, 2026 | $0.08 |
| Feb 23, 2026 | Feb 27, 2026 | $0.09 |
| Jan 20, 2026 | Jan 23, 2026 | $0.09 |
| Dec 22, 2025 | Dec 26, 2025 | $0.09 |
| Nov 24, 2025 | Nov 28, 2025 | $0.09 |
| Oct 20, 2025 | Oct 24, 2025 | $0.08 |
IIGD Risk
- 3.1%
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.
- 0.15
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.
- −11.1%
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.
- 0.53
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
IIGD Cost
- The middle half of Investment Grade Corporate funds
- Median 0.30%
5 of the 49 Investment Grade Corporate funds charge less.