IGLB vs PCL: Grades, Fees and Holdings Compared

iShares 10+ Year Investment Grade Corporate Bond ETF

IGLBANYSE Arca

PGIM Corporate Bond 10+ Year ETF

PCLCCboe

Overlap

No data

Expense ratio

IGLB −0.21pt a year

IGLB0.04%PCL0.25%

Avg volume · 30D

IGLB 802.5×the volume

IGLB2.19MPCL2.73K

IGLB vs PCL Performance

Nov 3, 2025 – Nov 3, 2026

−3.3%IGLB−3.3%PCL

Expense ratio: IGLB 0.04%, better; PCL 0.25%
Fund size: IGLB $2.68B; PCL $72M
1Y total return: IGLB −3.3%; PCL −3.3%
Yield (12M): IGLB 5.67%; PCL 6.15%, better
Holdings: IGLB 3799; PCL 187
Avg volume (30D): IGLB 2.19M sh, better; PCL 2.73K sh
NAV per share: IGLB $46.83; PCL $46.68
52W range

ETF.net Grade

Pillar letters and Scores for IGLB, PCL, with each pillar’s weight
Pillar	IGLB	PCL
Cost30% weight	A80Higher	F14
Mission25% weight	A100	A100
Risk15% weight	C44	C45Higher
Tradability15% weight	A82Higher	D34
Holdings10% weight	A86Higher	F24
Durability5% weight	A76Higher	D34

Rank among Investment Grade Corporate (10+ Year) funds

How we build Categories ›

Same Category. IGLB and PCL are both graded against the same 7 Investment Grade Corporate (10+ Year) funds, so their Grades compare head to head.

Investment Grade Corporate (10+ Year)⁠

Category · 7 funds

See all 7 ›

IGLB ranks 1st and PCL 7th of 7 funds in the Investment Grade Corporate (10+ Year) Category.

Rank 1AIGLBiShares 10+ Year Investment Grade Corporate Bond ETFScore 80
Rank 2ASPLBState Street SPDR Portfolio Long Term Corporate Bond ETFScore 75
Rank 6CBBBLBondBloxx BBB Rated 10+ Year Corporate Bond ETFScore 50
Rank 7CPCLPGIM Corporate Bond 10+ Year ETFScore 44

Our read on each fund

ETF.net Research

IGLBAiShares 10+ Year Investment Grade Corporate Bond ETF

PCLCPGIM Corporate Bond 10+ Year ETF

In short

IGLB The long end of the iShares corporate ladder: only investment-grade company bonds with more than ten years left to run. Interest-rate sensitivity isn't a side effect here, it's the design.

PCL No data

Stated mandate

IGLB The fund seeks to track an index of U.S. dollar-denominated investment-grade corporate bonds with remaining maturities longer than ten years. It provides exposure to long-duration, high-quality corporate credit and seeks income.

PCL No data

Why people hold it

IGLB Fee is 0.04% a year, a sliver of what the typical investment-grade corporate bond fund charges.
Roughly 3,800 bonds in one ticker, with income paid out monthly rather than quarterly.
The 10+ slice of a maturity-cut iShares lineup (IGSB 1-5, IGIB 5-10), so duration is chosen by picking a slice instead of blending funds.
Tracks the ICE BofA 10+ Year US Corporate Index closely and trades actively, putting it among the stronger builds in a crowded corporate bond field.

PCL No data

Worth knowing

IGLB Ten-years-and-out maturities mean the sharpest price swings in investment-grade corporates when yields move. Duration is the feature and the risk.
Company bonds, not Treasuries: prices react to credit spreads as well as rates, and investment grade still carries downgrade risk.
No short-maturity ballast by design, so nothing inside the fund steadies the ride when the long end sells off.

PCL No data

Full IGLB profile⁠

Full PCL profile⁠

IGLB vs PCL Holdings

How IGLB and PCL differ

No overlap figure

Two bond funds rarely hold the same issues.

Level by level

Sector20 Sectors0.0%
Countryby domicile90.2%
Asset classFixed Income100%

Sector

Sector weights in IGLB and PCL, widest gap first
Sector	Gap	IGLB	PCL
Corporate	PCL +91.1 points	0.0%	91.1%
Electric	IGLB +14.0 points	14.0%	0.0%
Health Care	IGLB +13.6 points	13.6%	0.0%
Communications	IGLB +11.4 points	11.4%	0.0%
Energy	IGLB +9.9 points	9.9%	0.0%
Banking	IGLB +9.4 points	9.4%	0.0%
Insurance	IGLB +8.6 points	8.6%	0.0%
Government	PCL +7.7 points	0.0%	7.7%
Consumer Non-Cyclical	IGLB +7.2 points	7.2%	0.0%
Consumer Discretionary	IGLB +5.9 points	5.9%	0.0%
Capital Goods	IGLB +5.6 points	5.6%	0.0%
Owned No Guarantee	IGLB +4.2 points	4.2%	0.0%
Transportation	IGLB +3.4 points	3.4%	0.0%
Basic Industry	IGLB +3.4 points	3.4%	0.0%
Natural Gas	IGLB +1.3 points	1.3%	0.0%
Municipal	PCL +1.3 points	0.0%	1.3%
Reits	IGLB +1.1 points	1.1%	0.0%
Brokerage/Asset Managers/Exchanges	IGLB +1.0 points	1.0%	0.0%
Finance Companies	IGLB +0.2 points	0.2%	0.0%
Local Government No Guarantee	Same weight	0.0%	0.0%

Country, concentration and asset class

Country by domicile

Country weights in IGLB and PCL, widest gap first
Country	Gap	IGLB	PCL
United States	PCL +5.1 points	84.7%	89.8%
Canada	PCL +2.5 points	2.0%	4.5%
United Kingdom	IGLB +1.8 points	2.3%	0.5%
Saudi Arabia	IGLB +1.8 points	1.8%	0.0%
Norway	PCL +1.0 points	0.2%	1.2%
Mexico	IGLB +0.7 points	0.7%	0.0%
Netherlands	IGLB +0.7 points	1.2%	0.5%
Australia	IGLB +0.6 points	0.6%	0.0%
Other countries (23)	IGLB +3.0 points	6.4%	3.4%

Concentration

Weight in the 10 largest Holdings

IGLB2.6%
PCL23.2%

Securities held

IGLB3,794
PCL144

Asset class

IGLB: Fixed Income
PCL: Fixed Income

Holdings

Two bond funds rarely hold the same issues, so this page lists no shared Holdings. IGLB holds 3,794 securities, PCL 144.

All 3,798 IGLB holdings⁠All PCL 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.

IGLB vs PCL Cost

Overpaying PCL vs IGLB

$4,310

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

IGLB 0.04%
$849
PCL 0.25%
$5,159

Amount$10,000

Years30 years

Cost over time

IGLB 0.04%
PCL 0.25%
Overpaying

Year by year

Year	IGLB	PCL	Overpaying
10	$73	$455	$382
20	$288	$1,769	$1,481
30	$849	$5,159	$4,310

Expense ratio

0.04%IGLB, cheaper
0.25%PCL

IGLB0.04%PCL0.25%

0.03%0.25%

Middle half of Investment Grade Corporate (10+ Year) funds
Median 0.15%

IGLB 2nd cheapest of 7 funds

PCL 7th cheapest of 7 funds

IGLB vs PCL Dividends

Last 12 months to Nov 3, 2026

Yield (12M): IGLB 5.67%; PCL 6.15%, better
Payout (12M): IGLB $2.65; PCL $2.86
Last payment: IGLB $0.22; PCL $0.23
Ex-dividend: IGLB Nov 2, 2026; PCL Oct 30, 2026
Paid on: IGLB Pays Nov 5, 2026; PCL Nov 3, 2026
Frequency: IGLB Monthly; PCL Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

IGLBMonthly · 46 paymentsAll IGLB payments⁠

PCLMonthly · 15 paymentsAll PCL payments⁠

IGLB vs PCL Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: IGLB 11.3%PCL 8.6%since Sep 2025
Return per unit of riskSharpe ratio, 3 years: IGLB 0.25PCL −0.43since Sep 2025
Worst fallMax drawdown, 5 years: IGLB −34.0%PCL −9.2%since Aug 2025
Market sensitivityBeta, 5 years: IGLB 1.92PCL 0.23; Market = 1

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