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GBND vs IUSB

Goldman Sachs Core Bond ETF

GBNDBNYSE Arca

iShares Core Universal USD Bond ETF

IUSBANasdaq

Overlap

No data

Expense ratio

IUSB −0.19pt a year

GBND0.25%IUSB0.06%

Avg volume · 30D

IUSB 127.0×the volume

GBND48.2KIUSB6.13M

GBND vs IUSB Performance

Oct 31, 2025 – Oct 30, 2026

−0.5%GBND0.0%IUSB

Oct 31, 2025 to Oct 30, 2026. GBND −0.5%. IUSB 0.0%. Use the arrow keys to read each point.−3%−2%1%2%Oct 2025Apr 2026Oct 2026
Expense ratio
GBND 0.25%
IUSB 0.06%, better
Fund size
GBND $625M
IUSB $50.2B
1Y total return
GBND −0.5%
IUSB 0.0%, better
Yield (12M)
GBND 3.89%
IUSB 4.32%, better
Holdings
GBND 721
IUSB 18280
Avg volume (30D)
GBND 48.2K sh
IUSB 6.13M sh, better
NAV per share
GBND $48.86
IUSB $44.91
52W range

ETF.net Grade

GBND: Cost 64, Risk 47, Mission 100, Tradability 41, Holdings 36, Durability 54. IUSB: Cost 92, Risk 54, Mission 100, Tradability 89, Holdings 76, Durability 94.
Pillar letters and Scores for GBND, IUSB, with each pillar’s weight
PillarGBNDIUSB
Cost30% weightB64A92Higher
Mission25% weightA100A100
Risk15% weightC47C54Higher
Tradability15% weightC41A89Higher
Holdings10% weightD36A76Higher
Durability5% weightC54A94Higher

Rank among US Aggregate Bond funds

How we build Categories ›
Same Category. Both funds are graded against the same funds, so their Grades compare head to head.

Same Category. GBND and IUSB are both graded against the same 114 US Aggregate Bond funds, so their Grades compare head to head.

US Aggregate Bond⁠

Category · 114 funds
See all 114 ›

IUSB ranks 2nd and GBND 51st of 114 funds in the US Aggregate Bond Category.

  1. Rank 1AAGGiShares Core U.S. Aggregate Bond ETFScore 87
  2. Rank 2AIUSBiShares Core Universal USD Bond ETFScore 86
  3. Rank 2ASCHZSchwab U.S. Aggregate Bond ETFScore 86
  4. Rank 51BBYLDiShares Yield Optimized Bond ETFScore 63
  5. Rank 51BGBNDGoldman Sachs Core Bond ETFScore 63
  6. Rank 51BVCOBVoya Core Bond ETFScore 63

Our read on each fund

ETF.net Research

GBNDBGoldman Sachs Core Bond ETF

IUSBAiShares Core Universal USD Bond ETF

In short

GBND Goldman's active answer to the Agg: a multi-sector bond team trading government, mortgage, corporate and asset-backed debt for 0.25%, net of a waiver through December 29, 2026.

IUSB Most core bond funds stop at investment grade. IUSB keeps going, folding high-yield USD debt into the same wrapper across roughly 18,000 bonds, for 0.06% a year.

Stated mandate

GBND The Fund seeks total return through capital appreciation and income. It invests primarily in investment-grade core fixed-income securities, including government, mortgage-backed, corporate, and asset-backed debt.

IUSB The Fund seeks to track an index of U.S.-dollar-denominated bonds spanning investment-grade and high-yield sectors.

Why people hold it

  • GBND Active by design: Goldman's multi-sector bond team picks across Treasuries, agency mortgages, corporates and asset-backeds, using futures, swaps and TBAs to steer duration.gs.comsec.gov
  • Costs 0.25% net of a waiver through December 29, 2026, below the category median and under same-index active rivals DBND (0.45%), FIXT (0.40%) and CPLS (0.30%).
  • Pays monthly and spreads risk across roughly 700 investment-grade bonds, so no single issuer carries the portfolio.
  • IUSB 0.06% a year, a fraction of what the typical broad bond fund in its category charges, and iShares has run it since 2014.
  • Roughly 18,000 bonds spanning investment-grade and high-yield sectors, so one ticker covers ground a plain Agg tracker leaves on the table.ishares.com
  • Tracks its index closely, trades heavily, and sits on a multi-billion-dollar asset base. Income is paid monthly.
  • Among the strongest implementations in a crowded field of nearly 200 core bond funds.

Worth knowing

  • GBND The index twins are far cheaper: AGG, BND, SPAB and SCHZ all run 0.03% on the same benchmark, so the active calls here start from a wider fee gap.
  • Volume runs lighter than the category's index giants, which can mean wider bid/ask spreads; the issuer posts a 30-day median spread on the fund page.gs.com
  • Launched June 24, 2025, so the track record is short and its risk picture rests on limited history.
  • IUSB That high-yield sleeve is the trade-off: more credit risk than an investment-grade-only fund, and more movement when spreads widen.
  • BND, SPAB and SCHZ charge 0.03%, half IUSB's fee, but they stay inside investment grade.
  • Payouts land monthly, but the amount floats with the coupons underneath. Nothing about the income stream is fixed.

Full GBND profile⁠

Full IUSB profile⁠

GBND vs IUSB 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.

GBND vs IUSB Cost

Overpaying GBND vs IUSB

$3,889

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

  • GBND 0.25%

    $5,159

  • IUSB 0.06%

    $1,270

$10,000
30 years

Cost over time

  • GBND 0.25%
  • IUSB 0.06%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2K$4K$6K051015202530GBND $5,159IUSB $1,270

Year by year

YearGBNDIUSBOverpaying
10$455$110$345
20$1,769$432$1,337
30$5,159$1,270$3,889

Expense ratio

  • 0.25%GBND
  • 0.06%IUSB, cheaper
  • Middle half of US Aggregate Bond funds
  • Median 0.34%

IUSB 10th cheapest of 114 funds

GBND 39th cheapest of 114 funds

GBND vs IUSB Dividends

Last 12 months to Oct 30, 2026
Yield (12M)
GBND 3.89%
IUSB 4.32%, better
Payout (12M)
GBND $1.91
IUSB $1.94
Last payment
GBND $0.19
IUSB $0.15
Ex-dividend
GBND Oct 1, 2026
IUSB Oct 1, 2026
Paid on
GBND Oct 7, 2026
IUSB Oct 6, 2026
Frequency
GBND Monthly
IUSB Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

GBNDMonthly · 15 paymentsAll GBND payments⁠
One bar per payment. 15 payments from 2023 to 2026 YTD. Aug 1, 2025 $0.21; Sep 2, 2025 $0.17; Oct 1, 2025 $0.21; Nov 3, 2025 $0.18; Dec 1, 2025 $0.14; Dec 31, 2025 $0.21; Feb 2, 2026 $0.07; Mar 2, 2026 $0.15; Apr 1, 2026 $0.14; May 1, 2026 $0.09; Jun 1, 2026 $0.17; Jul 1, 2026 $0.18; Aug 3, 2026 $0.19; Sep 1, 2026 $0.19; Oct 1, 2026 $0.19. Use the arrow keys to read each point.$0$0.2020232026YTD
IUSBMonthly · 45 paymentsAll IUSB payments⁠
One bar per payment. 45 payments from 2023 to 2026 YTD. Feb 1, 2023 $0.12; Mar 1, 2023 $0.12; Apr 3, 2023 $0.12; May 1, 2023 $0.13; Jun 1, 2023 $0.14; Jul 3, 2023 $0.13; Aug 1, 2023 $0.14; Sep 1, 2023 $0.13; Oct 2, 2023 $0.13; Nov 1, 2023 $0.14; Dec 1, 2023 $0.14; Dec 14, 2023 $0.15; Feb 1, 2024 $0.13; Mar 1, 2024 $0.15; Apr 1, 2024 $0.15; May 1, 2024 $0.15; Jun 3, 2024 $0.15; Jul 1, 2024 $0.15; Aug 1, 2024 $0.16; Sep 3, 2024 $0.16; Oct 1, 2024 $0.15; Nov 1, 2024 $0.16; Dec 2, 2024 $0.16; Dec 18, 2024 $0.16; Feb 3, 2025 $0.15; Mar 3, 2025 $0.16; Apr 1, 2025 $0.16; May 1, 2025 $0.16; Jun 2, 2025 $0.17; Jul 1, 2025 $0.16; Aug 1, 2025 $0.17; Sep 2, 2025 $0.16; Oct 1, 2025 $0.17; Nov 3, 2025 $0.16; Dec 1, 2025 $0.16; Dec 19, 2025 $0.16; Feb 2, 2026 $0.17; Mar 2, 2026 $0.16; Apr 1, 2026 $0.16; May 1, 2026 $0.16; Jun 1, 2026 $0.15; Jul 1, 2026 $0.16; Aug 3, 2026 $0.17; Sep 1, 2026 $0.17; Oct 1, 2026 $0.15. Use the arrow keys to read each point.$0$0.2020232026YTD

GBND vs IUSB Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years
GBND 4.4%since Jul 2025IUSB 5.5%
Return per unit of riskSharpe ratio, 3 years
GBND −0.44since Jul 2025IUSB 0.25
Worst fallMax drawdown, 5 years
GBND −4.9%since Jun 2025IUSB −17.4%
Market sensitivityBeta, 5 years
GBND 0.10IUSB 0.96

GBND and IUSB in the news

All news⁠

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