CAFX vs IGIB: Grades, Fees and Holdings Compared

Congress Intermediate Bond ETF

CAFXCNYSE Arca

iShares 5-10 Year Investment Grade Corporate Bond ETF

IGIBANasdaq

Overlap

No data

Expense ratio

IGIB −0.31pt a year

CAFX0.35%IGIB0.04%

Avg volume · 30D

IGIB 123.8×the volume

CAFX26KIGIB3.22M

CAFX vs IGIB Performance

Oct 31, 2025 – Oct 30, 2026

+0.7%CAFX−0.5%IGIB

Expense ratio: CAFX 0.35%; IGIB 0.04%, better
Fund size: CAFX $303M; IGIB $19.6B
1Y total return: CAFX +0.7%, better; IGIB −0.5%
Yield (12M): CAFX 4.11%; IGIB 5.06%, better
Holdings: CAFX 51; IGIB 3040
Avg volume (30D): CAFX 26K sh; IGIB 3.22M sh, better
NAV per share: CAFX $24.19; IGIB $51.21
52W range

ETF.net Grade

Pillar letters and Scores for CAFX, IGIB, with each pillar’s weight
Pillar	CAFX	IGIB
Cost30% weight	D27	A79Higher
Mission25% weight	A96	A100Higher
Risk15% weight	B57Higher	D36
Tradability15% weight	F24	B61Higher
Holdings10% weight	D35	A87Higher
Durability5% weight	D37	A84Higher

Rank among Investment Grade Corporate (5-10 Year) funds

How we build Categories ›

Same Category. CAFX and IGIB are both graded against the same 9 Investment Grade Corporate (5-10 Year) funds, so their Grades compare head to head.

Investment Grade Corporate (5-10 Year)⁠

Category · 9 funds

See all 9 ›

IGIB ranks 3rd and CAFX 8th of 9 funds in the Investment Grade Corporate (5-10 Year) Category.

Rank 1ASPIBState Street SPDR Portfolio Intermediate Term Corporate Bond ETFScore 82
Rank 2ASCHISchwab 5-10 Year Corporate Bond ETFScore 78
Rank 3AIGIBiShares 5-10 Year Investment Grade Corporate Bond ETFScore 76
Rank 4AVCITVanguard Intermediate-Term Corporate Bond ETFScore 75
Rank 7CFIIGFirst Trust Intermediate Duration Investment Grade Corporate ETFScore 50
Rank 8CCAFXCongress Intermediate Bond ETFScore 49
Rank 9CGENTGenter Capital Taxable Quality Intermediate ETFScore 40

Our read on each fund

ETF.net Research

CAFXCCongress Intermediate Bond ETF

IGIBAiShares 5-10 Year Investment Grade Corporate Bond ETF

In short

CAFX A boutique manager's active take on the boring middle of the bond market: Congress buys investment-grade paper itself, keeps average maturity inside ten years, and pays out monthly.

IGIB A precision tool, not a catch-all: IGIB owns only the 5-to-10-year slice of the US investment-grade corporate market, about 3,000 bonds deep, for 0.04% a year. Trading since 2007.

Stated mandate

CAFX The Fund seeks to maximize total return through active management of a portfolio invested primarily in debt securities and similar instruments.

IGIB The fund seeks to track an index of U.S. dollar-denominated investment-grade corporate bonds with remaining maturities of five to ten years.

Why people hold it

CAFX Actively managed rather than index-tracking: the mandate is to maximize total return from U.S.-dollar investment-grade bonds, benchmarked to the Bloomberg U.S. Intermediate Government/Credit Index.
The prospectus pins dollar-weighted average maturity to a zero-to-ten-year band, so the interest-rate lane is defined by document, not by manager mood.
0.35% a year puts it around the middle of the broad bond-fund pack on cost, unusual for active management, and income lands monthly.

IGIB Four basis points a year (0.04%), a fraction of the typical fund in its investment-grade corporate group, and it has tracked its ICE BofA index closely.
A maturity dial, not a grab bag: this is the 5-10 year rung, with sibling IGSB covering 1-5 years at the same 0.04% fee.ishares.com
About 3,000 bonds spread issuer risk thin, and income is paid monthly.
A multi-billion-dollar fund that has been trading since 2007 and changes hands actively.

Worth knowing

CAFX The index heavyweights in this category charge 0.03% (BND, SPAB, SCHZ). Active selection here starts each year with that fee gap behind it.
Launched in 2024, so the live record is short and the fund still sits in the lower half of a crowded aggregate-bond field.
Shares trade thinly. Spreads and order type matter more here than with the giant core bond ETFs.

IGIB Five-to-ten-year bonds move more with interest rates than short-dated credit such as IGSB's 1-5 year band. That duration is the point, and the trade-off.
Pure corporate credit, no Treasuries in the mix, so company credit risk rides along with the rate risk.ishares.com
VCIT sits a basis point lower at 0.03% in the same intermediate-corporate lane.

Full CAFX profile⁠

Full IGIB profile⁠

CAFX vs IGIB Holdings

How CAFX and IGIB differ

No overlap figure

Two bond funds rarely hold the same issues.

Level by level

Countryby domicile86.5%
Asset classFixed Income100%

Sector

No Sector split for CAFX.

Country, concentration and asset class

Country by domicile

Country weights in CAFX and IGIB, widest gap first
Country	More in CAFXMore in IGIB	CAFX	IGIB
United States	CAFX +11.7 points	89.6%	77.9%
Canada	IGIB +2.9 points	0.0%	2.9%
France	IGIB +1.8 points	0.0%	1.8%
Japan	IGIB +1.2 points	1.8%	3.0%
Netherlands	CAFX +1.0 points	2.1%	1.1%
Cayman Islands	IGIB +1.0 points	0.0%	1.0%
Ireland	IGIB +0.9 points	0.0%	0.9%
Spain	IGIB +0.7 points	0.0%	0.7%
Other countries (28)	IGIB +4.2 points	6.5%	10.7%

Concentration

Weight in the 10 largest Holdings

CAFX37.5%
IGIB2.5%

Securities held

CAFX50
IGIB3,037

Asset class

CAFX: Fixed Income
IGIB: Fixed Income

Holdings

Two bond funds rarely hold the same issues, so this page lists no shared Holdings. CAFX holds 50 securities, IGIB 3,037.

All CAFX holdings⁠All 3,074 IGIB holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

CAFX vs IGIB Cost

Overpaying CAFX vs IGIB

$6,277

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

CAFX 0.35%
$7,126
IGIB 0.04%
$849

Amount$10,000

Years30 years

Cost over time

CAFX 0.35%
IGIB 0.04%
Overpaying

Year by year

Year	CAFX	IGIB	Overpaying
10	$634	$73	$561
20	$2,454	$288	$2,166
30	$7,126	$849	$6,277

Expense ratio

0.35%CAFX
0.04%IGIB, cheaper

IGIB0.04%CAFX0.35%

0.03%0.49%

Middle half of Investment Grade Corporate (5-10 Year) funds
Median 0.19%

IGIB 3rd cheapest of 9 funds

CAFX 7th cheapest of 9 funds

CAFX vs IGIB Dividends

Last 12 months to Oct 30, 2026

Yield (12M): CAFX 4.11%; IGIB 5.06%, better
Payout (12M): CAFX $0.99; IGIB $2.59
Last payment: CAFX $0.08; IGIB $0.22
Ex-dividend: CAFX Oct 29, 2026; IGIB Oct 1, 2026
Paid on: CAFX Oct 30, 2026; IGIB Oct 6, 2026
Frequency: CAFX Monthly; IGIB Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

CAFXMonthly · 26 paymentsAll CAFX payments⁠

IGIBMonthly · 45 paymentsAll IGIB payments⁠

CAFX vs IGIB Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: CAFX 2.9%since Oct 2024IGIB 6.1%
Return per unit of riskSharpe ratio, 3 years: CAFX −0.62since Oct 2024IGIB 0.45
Worst fallMax drawdown, 5 years: CAFX −2.8%since Sep 2024IGIB −19.7%
Market sensitivityBeta, 5 years: CAFX 0.04IGIB 1.04; Market = 1

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