IGEB vs SKOR: Grades, Fees and Holdings Compared

iShares Investment Grade Systematic Bond ETF

IGEBACboe

Northern Trust Credit-Scored US Corporate Bond ETF

SKORANasdaq

Overlap

No data

Expense ratio

SKOR −0.03pt a year

IGEB0.18%SKOR0.15%

Avg volume · 30D

IGEB 2.1×the volume

IGEB310KSKOR150K

5Y return · a year

SKOR +1.2pt

IGEB+0.5%SKOR+1.7%

IGEB vs SKOR Performance

Nov 2, 2021 – Nov 2, 2026

+2.5%IGEB+8.7%SKOR

Expense ratio: IGEB 0.18%; SKOR 0.15%, better
Fund size: IGEB $1.45B; SKOR $1.07B
1Y total return: IGEB −0.5%; SKOR +0.7%, better
Yield (12M): IGEB 5.75%, better; SKOR 5.18%
Holdings: IGEB 434; SKOR 1344
Avg volume (30D): IGEB 310K sh, better; SKOR 150K sh
NAV per share: IGEB $43.51; SKOR $47.34
52W range

ETF.net Grade

Pillar letters and Scores for IGEB, SKOR, with each pillar’s weight
Pillar	IGEB	SKOR
Cost30% weight	A70	A78Higher
Mission25% weight	A100Higher	A93
Risk15% weight	B55	A70Higher
Tradability15% weight	A86Higher	A84
Holdings10% weight	A80Higher	A79
Durability5% weight	A77Higher	A76

Rank among Investment Grade Corporate funds

How we build Categories ›

Same Category. IGEB and SKOR 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 ›

SKOR ranks 4th and IGEB 6th 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 86
Rank 4ASKORNorthern Trust Credit-Scored US Corporate Bond ETFScore 81
Rank 5AGIGBGoldman Sachs Access Investment Grade Corporate Bond ETFScore 80
Rank 6AIGEBiShares Investment Grade Systematic Bond ETFScore 79
Rank 6ALQDiShares iBoxx $ Investment Grade Corporate Bond ETFScore 79

Our read on each fund

ETF.net Research

IGEBAiShares Investment Grade Systematic Bond ETF

SKORANorthern Trust Credit-Scored US Corporate Bond ETF

In short

IGEB No data

SKOR Most investment-grade corporate bond funds just buy the market. SKOR scores every eligible bond on issuer quality and relative value, then weights toward the winners, and stays in the one-to-under-10-year maturity lane.

Stated mandate

IGEB No data

SKOR The Fund seeks to provide pre-fee investment results generally corresponding to the price and yield performance of the Northern Trust US Corporate Bond Quality Value Index.

Why people hold it

IGEB No data

SKOR Rules-based scoring, not just size: the index optimizes toward proprietary quality and value scores instead of handing the biggest weight to whoever borrowed the most.sec.gov
0.15% net of a waiver through March 1, 2027 (0.16% gross), below the category median and level with the big brand-name corporate bond funds QLTA (0.15%) and LQD (0.14%).
Tracking has been tight against its index, and it sits in the upper tier of investment-grade corporate bond ETFs on our review.
Workmanlike plumbing: trading since 2014, over a billion dollars in assets, roughly 1,300 bonds, each issue $250 million or larger, with monthly payouts.sec.gov

Worth knowing

IGEB No data

SKOR Plain-vanilla rivals cost less: SPBO and VTC each charge 0.03%. The scoring screen is what the extra buys.
Maturities stop short of 10 years, so it skips the long end of the corporate curve and the extra rate sensitivity that comes with it.sec.gov flexshares.com
The record spans two methodologies: the fund switched its objective and underlying index effective April 30, 2020.flexshares.com sec.gov

Full IGEB profile⁠

Full SKOR profile⁠

IGEB vs SKOR Holdings

How IGEB and SKOR differ

No overlap figure

Two bond funds rarely hold the same issues.

Level by level

Countryby domicile96.3%
Asset classFixed Income100%

Sector

No Sector split for SKOR.

Country, concentration and asset class

Country by domicile

Country weights in IGEB and SKOR, widest gap first
Country	More in IGEBMore in SKOR	IGEB	SKOR
United States	IGEB +3.2 points	91.6%	88.4%
Canada	SKOR +1.8 points	3.3%	5.1%
Japan	SKOR +0.5 points	0.0%	0.5%
Other countries (11)	SKOR +0.9 points	5.1%	6.0%

Concentration

Weight in the 10 largest Holdings

IGEB5.4%
SKOR6.4%

Securities held

IGEB432
SKOR993

Asset class

IGEB: Fixed Income
SKOR: Fixed Income

Holdings

Two bond funds rarely hold the same issues, so this page lists no shared Holdings. IGEB holds 432 securities, SKOR 993.

All 445 IGEB holdings⁠All 1,344 SKOR 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.

IGEB vs SKOR Cost

Overpaying IGEB vs SKOR

$612

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

IGEB 0.18%
$3,749
SKOR 0.15%
$3,137

Amount$10,000

Years30 years

Cost over time

IGEB 0.18%
SKOR 0.15%
Overpaying

Year by year

Year	IGEB	SKOR	Overpaying
10	$328	$274	$54
20	$1,281	$1,071	$210
30	$3,749	$3,137	$612

Expense ratio

0.18%IGEB
0.15%SKOR, cheaper

SKOR0.15%IGEB0.18%

0.03%0.53%

Middle half of Investment Grade Corporate funds
Median 0.25%

SKOR 10th cheapest of 49 funds

IGEB 14th cheapest of 49 funds

IGEB vs SKOR Dividends

Last 12 months to Nov 2, 2026

Yield (12M): IGEB 5.75%, better; SKOR 5.18%
Payout (12M): IGEB $2.49; SKOR $2.44
Last payment: IGEB $0.19; SKOR $0.20
Ex-dividend: IGEB Nov 2, 2026; SKOR Nov 2, 2026
Paid on: IGEB Pays Nov 5, 2026; SKOR Pays Nov 6, 2026
Frequency: IGEB Monthly; SKOR Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

IGEBMonthly · 46 paymentsAll IGEB payments⁠

SKORMonthly · 46 paymentsAll SKOR payments⁠

IGEB vs SKOR Risk

Fall from peak · 5 years

IGEB
SKOR

Risk facts

VolatilityStd dev, 3 years: IGEB 6.2%SKOR 4.1%, better
Return per unit of riskSharpe ratio, 3 years: IGEB 0.38SKOR 0.44, better
Worst fallMax drawdown, 5 years: IGEB −20.8%SKOR −14.4%, better
Market sensitivityBeta, 5 years: IGEB 1.05SKOR 0.67; Market = 1

Popular comparisons

IGEBAvsUSIGA
iShares Investment Grade Systematic Bond ETF · iShares Broad USD Investment Grade Corporate Bond ETF
Expense ratio
0.18% · 0.04%
Category
SKORAvsUSIGA
Northern Trust Credit-Scored US Corporate Bond ETF · iShares Broad USD Investment Grade Corporate Bond ETF
Expense ratio
0.15% · 0.04%
Category
IGEBAvsSPBOA
iShares Investment Grade Systematic Bond ETF · State Street SPDR Portfolio Corporate Bond ETF
Expense ratio
0.18% · 0.03%
Category
SKORAvsSPBOA
Northern Trust Credit-Scored US Corporate Bond ETF · State Street SPDR Portfolio Corporate Bond ETF
Expense ratio
0.15% · 0.03%
Category
IGEBAvsVTCA
iShares Investment Grade Systematic Bond ETF · Vanguard Total Corporate Bond ETF
Expense ratio
0.18% · 0.03%
Category
SKORAvsVTCA
Northern Trust Credit-Scored US Corporate Bond ETF · Vanguard Total Corporate Bond ETF
Expense ratio
0.15% · 0.03%
Category