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VanEck Moody’s Analytics IG Corporate Bond ETF

MIGCboeVanEckB

$20.45+0.01 (+0.04%)

As of Nov 2, 2026, 3:59 PM ET

Intraday session: up, 74 prints from 20.44 to 20.45. Range 20.43 to 20.51. Use the arrow keys to read each point.20.4620.4820.5010 AM12 PM2 PM4 PM
Expense ratio
0.20%
Fund size
$22M
1Y total return
−1.3%
Yield · Last 12 months
4.78%
Holdings
382
Avg volume · 30D
12.5K sh
52W range
low $20.07high $21.90
Launched
Filings
SEC EDGAR

The ETF.net MIG Grade

B

Score 64 out of 100

Rank
18 of 49
Six-pillar profile for MIG. Scores out of 100: Cost 61, Risk 48, Mission 100, Tradability 37, Holdings 67, Durability 32. Strongest: Mission (100). Weakest: Durability (32). Leans toward Mission.

Score 64 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.
    B61 out of 100
    Rank 18 of 49
  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    A100 out of 100
    Rank 1 of 45
  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    C48 out of 100
    Rank 25 of 49
  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    D37 out of 100
    Rank 35 of 49
  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    B67 out of 100
    Rank 18 of 49
  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    D32 out of 100
    Rank 44 of 49

Our read on MIG

ETF.net Research

In short

BMost investment-grade bond funds buy the index and move on. MIG hands the screening to Moody's Analytics, whose credit work sorts roughly 400 corporate bonds on quality and value before they get in.

Stated mandate

The Fund seeks to track, before fees and expenses, the price and yield performance of the MVIS Moody’s Analytics US Investment Grade Corporate Bond Index.

Why people hold it

  • The selection engine is the point: the MVIS Moody's Analytics US Investment Grade Corporate Bond Index screens IG credit on quality and value rather than taking the market as it comes.vaneck.com
  • It does what the label says. Tracking of its stated index has been close, one of the tighter implementations among investment-grade corporate peers.vaneck.com
  • About 400 corporate bonds, distributions paid monthly, and a 0.20% fee that sits within a hair of the typical IG corporate ETF.

Worth knowing

  • A small fund that trades thinly, so spreads can run wider and orders land less smoothly than in the giant IG bond ETFs.
  • That 0.20% pays for the Moody's screen. Plain broad IG index funds such as VCIT and IGSB charge a small fraction of it.
  • Launched in 2020, so its live record is short next to IG funds that have run through several credit cycles.

MIG Holdings

Asset class
Other
Holdings
382
Top-10 weight
9%
Largest holding
Space Exploration Technologies Corp1.1%

Geography

  • United States78.47%
  • Canada9.83%
  • France5.87%
  • Italy1.01%
  • Netherlands0.99%
  • Saudi Arabia0.90%
  • Mexico0.82%
  • India0.55%
  • Other countries (7)1.55%
The fund’s holdings, weight-ordered — page 1 of 26.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1No dataSpace Exploration Technologies Corp1.08%255,000$232K54
2No dataMeta Platforms Inc1.00%249,000$215K47
3No dataSpace Exploration Technologies Corp0.96%220,000$206K58
4No dataSpace Exploration Technologies Corp0.88%200,000$191K66
5No dataAlphabet Inc0.88%201,000$190K39
6No dataMicrosoft Corp0.88%333,000$189K39
7No dataSprint Capital Corp0.77%145,000$165K40
8No dataMedline Borrower Lp0.77%171,000$165K34
9No dataAmazon.Com Inc0.74%162,000$160K36
10No dataBroadcom Inc0.70%176,000$150K46
11No dataAt&T Inc0.68%241,000$146K44
12No dataBnp Paribas Sa0.67%142,000$143K16
13No dataToronto-Dominion Bank/The0.66%157,000$141K34
14No dataApple Inc0.64%171,000$138K40
15No dataHca Inc0.64%151,000$137K37

Showing 1–15 of 382 holdings

MIG Performance

Launched Dec 1, 2020

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.
MIG$9,874
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. MIG $9,874. SPY $11,199. Use the arrow keys to read each point.$10,000$11,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 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.

Trailing total return for MIG. Periods over one year show the average yearly return.
PeriodMIG
Year to date−1.5%
1 month+1.9%
3 months−0.8%
1 year−1.3%
3 yearsper year+6.3%
5 yearsper year+0.3%
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for MIG
YearReturn barMIG
2026 YTD−1.5%
2025+7.3%
2024+3.4%
2023+8.9%
2022−14.5%
20210.0%
2020+1.2%

History from Dec 2, 2020

MIG in the news

MIG Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
4.78%Last 12 months
Payout per share
$0.98Last 12 months
Last payment
$0.07 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution history

2023–2026

One bar per payment. 45 payments from 2023 to 2026 YTD. Feb 1, 2023 $0.07; Mar 1, 2023 $0.06; Apr 3, 2023 $0.08; May 1, 2023 $0.07; Jun 1, 2023 $0.08; Jul 3, 2023 $0.08; Aug 1, 2023 $0.08; Sep 1, 2023 $0.08; Oct 2, 2023 $0.08; Nov 1, 2023 $0.08; Dec 1, 2023 $0.08; Dec 27, 2023 $0.09; Feb 1, 2024 $0.08; Mar 1, 2024 $0.08; Apr 1, 2024 $0.09; May 1, 2024 $0.08; Jun 3, 2024 $0.09; Jul 1, 2024 $0.08; Aug 1, 2024 $0.09; Sep 3, 2024 $0.09; Oct 1, 2024 $0.07; Nov 1, 2024 $0.08; Dec 2, 2024 $0.08; Dec 27, 2024 $0.09; Feb 3, 2025 $0.09; Mar 3, 2025 $0.08; Apr 1, 2025 $0.10; May 1, 2025 $0.08; Jun 2, 2025 $0.10; Jul 1, 2025 $0.08; Aug 1, 2025 $0.09; Sep 2, 2025 $0.09; Oct 1, 2025 $0.09; Nov 3, 2025 $0.09; Nov 28, 2025 $0.08; Dec 29, 2025 $0.08; Feb 2, 2026 $0.08; Mar 2, 2026 $0.07; Apr 1, 2026 $0.09; May 1, 2026 $0.08; Jun 1, 2026 $0.10; Jul 1, 2026 $0.07; Aug 3, 2026 $0.09; Sep 1, 2026 $0.08; Oct 1, 2026 $0.07. Use the arrow keys to read each point.2023202420252026YTD
Ex-datePay dateAmount per share
Nov 2, 2026Pays Nov 5, 2026$0.08
Oct 1, 2026Oct 6, 2026$0.07
Sep 1, 2026Sep 4, 2026$0.08
Aug 3, 2026Aug 6, 2026$0.09
Jul 1, 2026Jul 7, 2026$0.07
Jun 1, 2026Jun 4, 2026$0.10
May 1, 2026May 6, 2026$0.08
Apr 1, 2026Apr 7, 2026$0.09
Mar 2, 2026Mar 5, 2026$0.07
Feb 2, 2026Feb 5, 2026$0.08
Dec 29, 2025Dec 31, 2025$0.08
Nov 28, 2025Dec 3, 2025$0.08

See all 71 payments⁠

$10,000 in MIG 5 years ago paid $1,775 in dividends.⁠

MIG Risk

How much the fund’s monthly returns vary, scaled to a year.
6.1%
Annualised · 36 months to Oct 2026
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.

Return above 3-month US Treasury bills per unit of volatility.
0.31
vs 3-month T-bills · to Oct 2026
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.

The largest fall from a peak to the low that followed.
−20.6%
Trough Oct 2022
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.

How strongly the fund’s returns move with its asset-class index.
0.95
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

MIG Cost

Overpaying vs SPBO, tied cheapest in Investment Grade Corporate

$3,517

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • MIG 0.20%

    $4,155

  • SPBO 0.03% Tied cheapest

    $638

$10,000
30 years

Cost over time

  • MIG 0.20%
  • SPBO 0.03%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$1K$2K$3K$4K$5K051015202530MIG $4,155SPBO $638

Year by year

YearMIGSPBOOverpaying
10$365$55$310
20$1,421$216$1,205
30$4,155$638$3,517

Other funds in Investment Grade Corporate