GIGB vs SHRD

GIGBAGoldman Sachs Access Investment Grade Corporate Bond ETF

SHRDFArimathea Catholic Core 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.

SHRD An actively run core bond portfolio filtered through Catholic faith-based guidelines and measured against the Bloomberg U.S. Aggregate. The values screen is the product, and you pay above the category's index majors to get it.

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.

SHRD The Fund's mandate is to generate income while preserving capital.

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.

• SHRD The prospectus locks the portfolio to Catholic Faith-Based Guidelines, a values filter that rarely shows up inside a plain core bond fund.
• Actively run against the Bloomberg U.S. Aggregate rather than cloning it, which is how a screened bond book can still aim for a broad-market shape.
• Simple stated job: income with capital preservation, drawing on US, developed international and emerging market debt.

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.

• SHRD Costs 0.52% a year, against index peers like SPBO and VTC at 0.03% and USIG at 0.04%. The screen plus active management is the premium here.
• A 2026 launch that runs small and trades lightly, so spreads can be wider than on the category's heavyweights.
• Catholic screens differ by provider, and the specific exclusions here are not laid out in detail publicly, so the prospectus is where to confirm what is filtered out.

Full GIGB profile⁠

Full SHRD profile⁠