SHRD vs USIG

SHRDFArimathea Catholic Core Bond ETF

USIGAiShares Broad USD Investment Grade Corporate Bond ETF

In short

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.

USIG Most investment-grade corporate bond funds hand you one slice of the maturity curve. USIG takes the whole thing, thousands of US dollar corporate bonds from short-dated to long, for four basis points a year.

Stated mandate

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

USIG The fund seeks to track an index of U.S. dollar-denominated investment-grade corporate bonds.

Why people hold it

• 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.

• USIG Costs 0.04% a year, against a category median near 0.19%. CORP, which tracks the same ICE BofA US Corporate Index, charges 0.41%.
• One ticker, the full USD investment-grade corporate curve: thousands of bonds, short to long. Slice funds like IGSB (1-5 year) and IGIB (5-10 year) each cover one segment.ishares.com
• Running since 2007, it has tracked its index with very little drift and is one of the more actively traded funds in its category.
• Interest lands monthly, and this is a multi-billion-dollar fund that ranks among the strongest implementations in its peer group.

Worth knowing

• 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.

• USIG Owning the whole curve means long-dated bonds ride along, so the price swings more when rates move than a short-maturity slice such as IGSB.
• This is corporate credit, not Treasuries. Investment grade at purchase, but prices can fall when spreads widen or an issuer is downgraded.ishares.com
• VCIT edges it on fee at 0.03%, though that fund stays in intermediate maturities rather than the full curve.

Full SHRD profile⁠

Full USIG profile⁠