GIGB vs RJVI

GIGBAGoldman Sachs Access Investment Grade Corporate Bond ETF

RJVICRJ Eagle Vertical Income 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.

RJVI Most investment-grade corporate bond funds buy the bond and stop there. RJVI roams the whole capital stack, holding a company's bonds, preferred shares or common stock, wherever the income case looks strongest.

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.

RJVI The fund seeks current income, with long-term capital appreciation as a secondary objective. It uses a capital-structure-agnostic approach, primarily investing in investment-grade corporate bonds while opportunistically investing in preferred stock or common stock when they offer greater risk-adjusted income potential.

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.

• RJVI Capital-structure-agnostic by design: mostly investment-grade corporate bonds, with room to move into preferred or common stock when those offer better risk-adjusted income.
• The mandate is specific for an active fund: current income first, long-term appreciation second, and the portfolio lines up closely with what the prospectus describes.
• One decision instead of three: the bond, preferred and common-stock income mix is the manager's call rather than something you assemble from separate funds.

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.

• RJVI At 0.51%, it costs well above index rivals in the same aisle like VCIT (0.03%) and IGIB (0.04%). The flexibility is what the extra buys.
• It launched in October 2025, so there's a short history and no full credit cycle to judge the approach against.
• This is a young, small fund rather than one of the category's heavily traded giants, which can show up as wider bid/ask spreads.

Full GIGB profile⁠

Full RJVI profile⁠