GIGB vs GIGL

GIGBAGoldman Sachs Access Investment Grade Corporate Bond ETF

GIGLBGoldman Sachs Corporate Bond ETF

In short

GIGB Most investment-grade corporate bond funds just buy the biggest borrowers. Goldman's index screens the market on liquidity and fundamentals first, then spreads the money across roughly 1,600 bonds for 0.08% a year.

GIGL Goldman's credit desk in ETF form: an actively run corporate bond fund in an aisle ruled by index trackers, with permission to roam into high yield and foreign paper when the benchmark looks dull.

Stated mandate

GIGB The Fund seeks to track the FTSE Goldman Sachs Investment Grade Corporate Bond Index, which measures U.S.-dollar-denominated investment-grade corporate bonds meeting liquidity and fundamental screening criteria.

GIGL The Fund seeks a high level of total return through capital appreciation and income. It normally invests at least 80% of net assets plus investment borrowings in corporate bonds and may also use other fixed-income securities and derivatives.

Why people hold it

• GIGB Costs 0.08% a year, well under the typical investment-grade corporate bond ETF's 0.19%.
• The index screens US dollar investment-grade corporates for liquidity and fundamentals rather than simply following who borrowed the most.gsam.com
• Tracks that index about as tightly as passive bond funds get, and holds roughly 1,600 bonds so no single issuer carries the load.
• Pays monthly, matching how corporate bond coupons tend to land in a portfolio.

• GIGL Active by design. A Goldman credit team picks the bonds instead of replicating the Bloomberg U.S. Credit Index, which serves as the yardstick, not the rulebook.sec.gov
• At least 80% of net assets in corporate bonds, with room for high yield, up to 25% non-dollar paper and up to 10% emerging market debt.sec.govsec.gov 2
• 0.29% net of a waiver through December 29, 2026 (0.30% gross) sits near the category median: an active mandate priced like a run-of-the-mill corporate bond fund.
• Roughly 500 bonds spread across sectors and issuers, and the fund pays monthly.gs.com

Worth knowing

• GIGB Cheap, but not the cheapest shelf: VCIT, USIG and SPIB run at 0.03% to 0.04%. You are paying a few basis points for the screening.
• Broad-maturity corporate credit moves on two levers, interest rates and credit spreads, so it swings more than short-dated bond funds.
• A mid-sized, moderately traded fund rather than a giant, so trading spreads can run wider than the largest names in the category.

• GIGL Index rivals in this aisle cost far less: SPBO and VTC at 0.03%, USIG at 0.04%. The extra fee buys a credit team's judgment rather than a rulebook.
• Launched June 2025, so the live record is short and the fund is still building scale; it trades lighter than the category's index heavyweights, which can widen spreads.
• Interest rate futures, swaps, credit default swaps and short positions are in the toolkit, so more moving parts than a plain bond index fund.sec.gov

Full GIGB profile⁠

Full GIGL profile⁠