IGSB vs PCS: Grades, Fees and Holdings Compared

iShares 1-5 Year Investment Grade Corporate Bond ETF

IGSBANasdaq

PGIM Corporate Bond 0-5 Year ETF

PCSCCboe

Overlap

No data

Expense ratio

IGSB −0.16pt a year

IGSB0.04%PCS0.20%

Avg volume · 30D

IGSB 188.1×the volume

IGSB3.5MPCS18.6K

IGSB vs PCS Performance

Nov 7, 2025 – Nov 9, 2026

+2.2%IGSB+2.5%PCS

Expense ratio: IGSB 0.04%, better; PCS 0.20%
Fund size: IGSB $23.8B; PCS $710M
1Y total return: IGSB +2.2%; PCS +2.5%, better
Yield (12M): IGSB 4.68%, better; PCS 4.36%
Holdings: IGSB 4776; PCS 343
Avg volume (30D): IGSB 3.5M sh, better; PCS 18.6K sh
NAV per share: IGSB $51.55; PCS $49.39
52W range

ETF.net Grade

Pillar letters and Scores for IGSB, PCS, with each pillar’s weight
Pillar	IGSB	PCS
Cost30% weight	A93Higher	D26
Mission25% weight	A72Higher	A71
Risk15% weight	C48Higher	C47
Tradability15% weight	A91Higher	D34
Holdings10% weight	A87Higher	D37
Durability5% weight	A90Higher	D33

Rank among Investment Grade Corporate (0-5 Year) funds

How we build Categories ›

Same Category. IGSB and PCS are both graded against the same 23 Investment Grade Corporate (0-5 Year) funds, so their Grades compare head to head.

Investment Grade Corporate (0-5 Year)⁠

Category · 23 funds

See all 23 ›

IGSB ranks 2nd and PCS 11th of 23 funds in the Investment Grade Corporate (0-5 Year) Category.

Rank 1ASPSBState Street SPDR Portfolio Short Term Corporate Bond ETFScore 80
Rank 2AIGSBiShares 1-5 Year Investment Grade Corporate Bond ETFScore 79
Rank 3AVCSHVanguard Short-Term Corporate Bond ETFScore 76
Rank 10CCGSDCapital Group Short Duration Income ETFScore 46
Rank 11CPCSPGIM Corporate Bond 0-5 Year ETFScore 42
Rank 12DFLTBFidelity Limited Term Bond ETFScore 40

Our read on each fund

ETF.net Research

IGSBAiShares 1-5 Year Investment Grade Corporate Bond ETF

PCSCPGIM Corporate Bond 0-5 Year ETF

In short

IGSB Corporate credit with the rate risk dialed down: roughly 4,700 investment-grade bonds, none maturing past five years, for four basis points. iShares has run it since 2007.

PCS No data

Stated mandate

IGSB The fund seeks to track an index containing U.S. dollar-denominated investment-grade corporate bonds with remaining maturities from one through five years.

PCS No data

Why people hold it

IGSB Four basis points a year, a fraction of the typical investment-grade corporate bond fund's fee and level with the cheapest tier of its peer group.
One-to-five-year maturities mean prices move less when rates move than long-dated corporate funds. Same corporate credit, shorter leash.ishares.com
Thousands of individual bonds tracking the ICE BofA 1-5 Year US Corporate Index, with income paid monthly.ishares.com
Trading since 2007, actively traded, and one of the strongest builds in the investment-grade corporate group on cost, portfolio and execution.

PCS No data

Worth knowing

IGSB Short maturities cut both ways: less price damage when rates rise, less lift when they fall.
These are company bonds, not Treasuries. Investment grade, but credit spreads can widen and prices move with them.
Only the front of the curve. Sibling IGIB runs 5-10 years and USIG spans broad maturities, both at the same fee.

PCS No data

Full IGSB profile⁠

Full PCS profile⁠

IGSB vs PCS Holdings

How IGSB and PCS differ

No overlap figure

Two bond funds rarely hold the same issues.

Level by level

Countryby domicile85.4%
Asset classBonds100%

Sector

IGSB and PCS share no Sector name, so they cannot be compared by Sector.

Country, concentration and asset class

Country by domicile

Country weights in IGSB and PCS, widest gap first
Country	Gap	IGSB	PCS
United States	PCS +13.8 points	75.1%	88.9%
United Kingdom	IGSB +1.7 points	4.6%	2.9%
Japan	IGSB +1.5 points	3.0%	1.5%
Australia	IGSB +1.0 points	1.0%	0.0%
Netherlands	IGSB +0.9 points	1.3%	0.4%
Cayman Islands	IGSB +1.0 points	1.2%	0.2%
Ireland	IGSB +0.9 points	1.0%	0.1%
Canada	IGSB +0.9 points	3.7%	2.8%
Other countries (27)	IGSB +5.8 points	9.1%	3.3%

Outside the US: IGSB 83% developed, 17% emerging.

Concentration

Weight in the 10 largest Holdings

IGSB1.6%
PCS15.0%

Securities held

IGSB4,770
PCS267

Asset class

IGSB: Bonds
PCS: Bonds

Holdings

Two bond funds rarely hold the same issues, so this page lists no shared Holdings. IGSB holds 4,770 securities, PCS 267.

All 4,774 IGSB holdings⁠All 308 PCS 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.

IGSB vs PCS Cost

Overpaying PCS vs IGSB

$3,306

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

IGSB 0.04%
$849
PCS 0.20%
$4,155

Amount$10,000

Years30 years

Cost over time

IGSB 0.04%
PCS 0.20%
Overpaying

Year by year

Year	IGSB	PCS	Overpaying
10	$73	$365	$292
20	$288	$1,421	$1,133
30	$849	$4,155	$3,306

Expense ratio

0.04%IGSB, cheaper
0.20%PCS

IGSB0.04%PCS0.20%

0.03%0.51%

Middle half of Investment Grade Corporate (0-5 Year) funds
Median 0.15%

IGSB 3rd cheapest of 23 funds

PCS 17th cheapest of 23 funds

IGSB vs PCS Dividends

Last 12 months to Nov 9, 2026

Yield (12M): IGSB 4.68%, better; PCS 4.36%
Payout (12M): IGSB $2.41; PCS $2.16
Last payment: IGSB $0.20; PCS $0.19
Ex-dividend: IGSB Nov 2, 2026; PCS Oct 30, 2026
Paid on: IGSB Nov 5, 2026; PCS Nov 3, 2026
Frequency: IGSB Monthly; PCS Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

IGSBMonthly · 46 paymentsAll IGSB payments⁠

PCSMonthly · 15 paymentsAll PCS payments⁠

IGSB vs PCS Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: IGSB 2.6%PCS 1.9%since Sep 2025
Return per unit of riskSharpe ratio, 3 years: IGSB 0.47PCS −0.60since Sep 2025
Worst fallMax drawdown, 5 years: IGSB −8.9%PCS −1.2%since Aug 2025
Market sensitivityBeta, 5 years: IGSB 0.40PCS 0.06; Market = 1

IGSB and PCS in the news

All news⁠

Best ETFs
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Updated Nov 2, 2026IGSB

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IGSB vs PCS

In short

Stated mandate

Why people hold it

Worth knowing

How IGSB and PCS differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

Best bond ETFs for a portfolio hold the whole investment-grade market

How IGSB and PCS differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings