GIGB vs MIG: Grades, Fees and Holdings Compared

Goldman Sachs Access Investment Grade Corporate Bond ETF

GIGBANYSE Arca

VanEck Moody’s Analytics IG Corporate Bond ETF

MIGBCboe

Overlap

0.0%by weight

Expense ratio

GIGB −0.12pt a year

GIGB0.08%MIG0.20%

Avg volume · 30D

GIGB 6.7×the volume

GIGB83.7KMIG12.5K

5Y return · a year

MIG +0.5pt

GIGB−0.2%MIG+0.3%

GIGB vs MIG Performance

Oct 29, 2021 – Oct 30, 2026

−0.8%GIGB+1.6%MIG

Expense ratio: GIGB 0.08%, better; MIG 0.20%
Fund size: GIGB $1.04B; MIG $22M
1Y total return: GIGB −0.5%, better; MIG −1.3%
Yield (12M): GIGB 4.77%; MIG 4.78%, better
Holdings: GIGB 2719; MIG 382
Avg volume (30D): GIGB 83.7K sh, better; MIG 12.5K sh
NAV per share: GIGB $44.25; MIG $20.53
52W range

ETF.net Grade

Pillar letters and Scores for GIGB, MIG, with each pillar’s weight
Pillar	GIGB	MIG
Cost30% weight	A94Higher	B61
Mission25% weight	A100	A100
Risk15% weight	C54Higher	C48
Tradability15% weight	C45Higher	D37
Holdings10% weight	A87Higher	B67
Durability5% weight	A74Higher	D32

Rank among Investment Grade Corporate funds

How we build Categories ›

Same Category. GIGB and MIG are both graded against the same 49 Investment Grade Corporate funds, so their Grades compare head to head.

Investment Grade Corporate⁠

Category · 49 funds

See all 49 ›

GIGB ranks 4th and MIG 18th of 49 funds in the Investment Grade Corporate Category.

Rank 1AUSIGiShares Broad USD Investment Grade Corporate Bond ETFScore 90
Rank 2ASPBOState Street SPDR Portfolio Corporate Bond ETFScore 89
Rank 3AVTCVanguard Total Corporate Bond ETFScore 83
Rank 4AGIGBGoldman Sachs Access Investment Grade Corporate Bond ETFScore 80
Rank 4AQLTAiShares Aaa - A Rated Corporate Bond ETFScore 80
Rank 18BKORPAmerican Century Diversified Corporate Bond ETFScore 64
Rank 18BMIGVanEck Moody’s Analytics IG Corporate Bond ETFScore 64
Rank 20BINVGGMO Systematic Investment Grade Credit ETFScore 63

Our read on each fund

ETF.net Research

GIGBAGoldman Sachs Access Investment Grade Corporate Bond ETF

MIGBVanEck Moody’s Analytics IG 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.

MIG Most 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

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.

MIG 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

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.

MIG 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

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.

MIG 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.

Full GIGB profile⁠

Full MIG profile⁠

GIGB vs MIG Holdings

How GIGB and MIG differ

Overlap by weight

0.0%

Shared holdings make up 0.0% of GIGB and 0.0% of MIG.

Level by level

Holdings0 in both0.0%
Countryby domicile84.3%

Sector

No Sector split for GIGB and MIG.

Country, concentration and asset class

Country by domicile

Country weights in GIGB and MIG, widest gap first
Country	More in GIGBMore in MIG	GIGB	MIG
United States	GIGB +7.3 points	85.8%	78.5%
Canada	MIG +5.9 points	3.9%	9.8%
France	MIG +5.5 points	0.3%	5.9%
United Kingdom	GIGB +3.1 points	3.2%	0.1%
Japan	GIGB +2.2 points	2.2%	0.0%
Cayman Islands	MIG +1.0 points	0.1%	1.1%
Italy	MIG +1.0 points	0.0%	1.0%
Spain	GIGB +0.8 points	0.8%	0.0%
Other countries (20)	GIGB +0.2 points	3.8%	3.6%

Concentration

Weight in the 10 largest Holdings

GIGB2.3%
MIG8.6%

Securities held

GIGB2,717
MIG123

Asset class

GIGB: Fixed Income
MIG: Multi-Asset

Holdings

Only in GIGB2,717
In both0
Only in MIG123

Only in GIGB

2,717 securities, 100% of GIGB by weight

Goldman Sachs Trust - Gol 10/29/20260.31%
Morgan Stanley 5.42% 07/21/20340.28%
National Bank of Canada 4.50% 10/10/20290.24%
The Boeing Company 2.95% 02/01/20300.23%
Apple Inc. 1.65% 02/08/20310.21%
Citigroup Inc. 5.45% 06/11/20350.20%
Hsbc Holdings PLC 5.40% 08/11/20330.20%
Banco Santander, S.a. 5.29% 08/18/20270.20%
JPMorgan Chase & Co. 5.14% 01/24/20310.19%
Oracle Corporation 6.50% 04/15/20380.19%
JPMorgan Chase & Co. 5.57% 04/22/20360.19%
Marriott International, I 4.63% 06/15/20300.19%
Eaton Corporation 3.95% 03/06/20290.19%
Exelon Corporation 4.05% 04/15/20300.18%
Mitsubishi Ufj Financial 5.42% 02/22/20290.18%
JPMorgan Chase & Co. 5.29% 07/22/20350.17%
Deutsche Bank Ag-New York 5.41% 05/10/20290.17%
Mitsubishi Ufj Financial 5.44% 02/22/20340.17%
Oracle Corporation 4.80% 08/03/20280.16%
Verizon Communications In 4.02% 12/03/20290.16%
Centerpoint Energy Housto 5.20% 10/01/20280.16%
Verizon Communications In 2.55% 03/21/20310.16%
Anheuser-Busch Companies, 4.70% 02/01/20360.16%
Meta Platforms, Inc. 4.88% 11/15/20350.16%
Manufacturers and Traders 4.70% 01/27/20280.16%
Alphabet Inc. 4.00% 05/15/20300.15%
Sumitomo Mitsui Financial 5.32% 07/09/20290.15%
Charter Communications Op 7.09% 09/01/20380.15%
UnitedHealth Group Incorp 5.50% 07/15/20440.15%
Ares Strategic Income Fun 5.70% 03/15/20280.15%
Broadcom Inc. 4.15% 11/15/20300.15%
JPMorgan Chase & Co. 5.58% 07/23/20360.14%
Space Exploration Technol 6.60% 07/15/20460.14%
Charles Schwab Corporatio 5.64% 05/19/20290.14%
Wells Fargo & Company 2.57% 02/11/20310.14%
Bhp Billiton Finance (Usa 5.00% 02/21/20300.14%
Exelon Corporation 5.30% 03/15/20330.14%
Cencora, Inc. 2.70% 03/15/20310.14%
Bank of America Corporati 5.87% 09/15/20340.14%
Hsbc Holdings PLC 6.25% 03/09/20340.14%
Trane Technologies Financ 5.25% 03/03/20330.14%
Orix Corporation 4.65% 09/10/20290.14%
JPMorgan Chase & Co. 5.30% 07/24/20290.14%
Wells Fargo & Company 4.61% 04/25/20530.14%
Cvs Health Corporation 3.75% 04/01/20300.14%
Lloyds Banking Group PLC 3.57% 11/07/20280.14%
Vmware Llc 2.20% 08/15/20310.14%
Evergy Metro, Inc. 5.13% 08/15/20350.14%
Meta Platforms, Inc. 4.95% 05/15/20330.13%
Morgan Stanley 1.93% 04/28/20320.13%

Only in MIG

123 securities, 99.9% of MIG by weight

Apple Inc3.14%
Amazon.Com Inc3.09%
Pacific Gas And Electric Co3.08%
Alphabet Inc3.02%
Pepsico Inc3.02%
Toronto-Dominion Bank/The3.02%
T-Mobile Usa Inc2.99%
Space Exploration Technologies Corp2.92%
Philip Morris International Inc2.91%
Meta Platforms Inc2.78%
Bnp Paribas Sa2.65%
Altria Group Inc2.61%
Coca-Cola Co/The2.50%
Oracle Corp2.37%
Mastercard Inc2.32%
Bank Of Nova Scotia/The2.23%
Mcdonald's Corp2.15%
Societe Generale Sa2.02%
Capital One Financial Corp1.75%
Marriott International Inc/Md1.66%
Berkshire Hathaway Finance Corp1.60%
Waste Management Inc1.55%
Hca Inc1.46%
Berkshire Hathaway Energy Co1.44%
Broadcom Inc1.43%
Microsoft Corp1.35%
Kraft Heinz Foods Co1.19%
Credit Agricole Sa1.19%
Sprint Capital Corp1.15%
Keurig Dr Pepper Inc1.14%
Canadian Imperial Bank Of Commerce1.13%
Equinix Inc1.12%
Intesa Sanpaolo Spa1.01%
Ares Capital Corp1.01%
Royal Bank Of Canada0.98%
Vistra Operations Co Llc0.93%
At&T Inc0.92%
Saudi Arabian Oil Co0.90%
Vici Properties Lp0.85%
Mplx Lp0.79%
Home Depot Inc/The0.77%
Medline Borrower Lp0.77%
Visa Inc0.76%
Vici Properties Lp / Vici Note Co Inc0.75%
Deutsche Telekom International Finance0.73%
Netflix Inc0.67%
Citigroup Inc0.60%
General Mills Inc0.60%
Bank Of Montreal0.55%
United Rentals North America Inc0.53%

Weight gaps

GIGB and MIG share no securities.

All 2,717 GIGB holdings⁠All 355 MIG 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.

GIGB vs MIG Cost

Overpaying MIG vs GIGB

$2,466

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

GIGB 0.08%
$1,689
MIG 0.20%
$4,155

Amount$10,000

Years30 years

Cost over time

GIGB 0.08%
MIG 0.20%
Overpaying

Year by year

Year	GIGB	MIG	Overpaying
10	$147	$365	$218
20	$575	$1,421	$846
30	$1,689	$4,155	$2,466

Expense ratio

0.08%GIGB, cheaper
0.20%MIG

GIGB0.08%MIG0.20%

0.03%0.53%

Middle half of Investment Grade Corporate funds
Median 0.25%

GIGB 4th cheapest of 49 funds

MIG 20th cheapest of 49 funds

GIGB vs MIG Dividends

Last 12 months to Oct 30, 2026

Yield (12M): GIGB 4.77%; MIG 4.78%, better
Payout (12M): GIGB $2.12; MIG $0.98
Last payment: GIGB $0.18; MIG $0.07
Ex-dividend: GIGB Oct 1, 2026; MIG Oct 1, 2026
Paid on: GIGB Oct 7, 2026; MIG Oct 6, 2026
Frequency: GIGB Monthly; MIG Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

GIGBMonthly · 45 paymentsAll GIGB payments⁠

MIGMonthly · 45 paymentsAll MIG payments⁠

GIGB vs MIG Risk

Fall from peak · 5 years

GIGB
MIG

Risk facts

VolatilityStd dev, 3 years: GIGB 6.5%MIG 6.1%, better
Return per unit of riskSharpe ratio, 3 years: GIGB 0.30MIG 0.31, better
Worst fallMax drawdown, 5 years: GIGB −21.9%MIG −20.6%, better
Market sensitivityBeta, 5 years: GIGB 1.04MIG 0.95; Market = 1

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