Invesco Investment Grade Defensive ETF
$23.89−0.01 (−0.06%)
- 0.13%
- $26M
- +0.2%
- 4.31%
- 0M sh
- $23.90
- low $23.76high $24.99
The ETF.net IIGD Grade
A
Score 72 out of 100
- 12 of 49
Score 72 of 100 falls in the A 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.A88 out of 100Rank 6 of 49Mission
Whether the fund did what it promised, tested against its stated mandate.A78 out of 100Rank 35 of 45Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B67 out of 100Rank 6 of 49Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C49 out of 100Rank 26 of 49Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A78 out of 100Rank 13 of 49Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.D38 out of 100Rank 37 of 49
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
- 166
- 7%
- USD Pending Dividends
Sectors
- Financials100.0%
Geography
- United States97.55%
- Luxembourg1.21%
- United Kingdom0.62%
- 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.
Not enough history yet.
IIGD$10,023
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 | IIGD |
|---|---|
| Year to date | −0.7% |
| 1 month | −0.3% |
| 3 months | −1.0% |
| 1 year | +0.2% |
| 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 | −0.7% | |
| 2025 | +7.1% | |
| 2024 | +3.9% | |
| 2023 | +5.7% | |
| 2022 | −7.2% | |
| 2021 | −1.4% | |
| 2020 | +6.3% |
IIGD in the news
Filings Digest
VanEck cuts its CLO ETF fee from 0.36% to 0.29%
IIGD Dividends
- 4.31%
- $1.03
- $0.09 per share
- Monthly
Distribution history
IIGD Risk
- 3.3%
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.
- 0.08
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.
- −10.7%
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
0.13%
IIGD0.13%
- The middle half of Investment Grade Corporate funds
- Median 0.29%
5 of the 49 Investment Grade Corporate funds charge less.
Other funds in Investment Grade Corporate
- ASUSCiShares ESG Aware USD Corporate Bond ETFExpense ratio 0.18%1 year return −2.2%
- AFEIGNorthern Trust ESG & Climate Investment Grade Corporate Core ETFExpense ratio 0.13%1 year return −2.5%
- BAVGBAvantis Credit ETFExpense ratio 0.19%1 year return +0.4%
- BDGCBDimensional - Global Credit ETFExpense ratio 0.21%1 year return −0.7%
- BKORPAmerican Century Diversified Corporate Bond ETFExpense ratio 0.29%1 year return −1.6%