TCW Corporate Bond ETF (IGCB) Performance
IGCB total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −2.1% since Dec 31, 2025
- 1 year
- −2.5% total return
- Since first price
- +5.8% since 2024
IGCB trailing returns vs AGG, TLT, SPY
| Period | IGCB total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | −0.0% | −0.4% | +0.9% | +1.5% | −1.0% |
| 3 months | −0.8% | −1.9% | −0.4% | −1.0% | +3.2% |
| 6 months | −2.4% | −4.5% | −1.5% | −3.8% | +7.8% |
| YTD | −2.1% | −5.2% | −1.0% | −3.4% | +12.3% |
| 1 year | −2.5% | −6.8% | −1.1% | −6.9% | +14.4% |
| Since inceptionNov 18, 2024 | +5.8% | −2.8% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: IGCB vs AGG
From Nov 18, 2024: IGCB grew to $10,576, AGG to $10,591.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
IGCB returns by calendar year
1 of 1 full years positive. Best 2025 (+8.4%), worst 2025 (+8.4%). 2026 is year to date.
IGCB annual returns table
| Year | IGCB | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | −2.1% | −5.1% | −1.0% | −3.4% | +12.3% |
| 2025 | +8.4% | −2.9% | +7.2% | +4.3% | +17.7% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
IGCB largest drawdowns
Now 3.4% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Feb 27, 2026 | −5.1% | Oct 5, 2026 | not yet | 7 months | 8 months so far |
Declines from a closing high (distributions reinvested) of 5% or more. Underwater = time from the peak until the old high was regained.
IGCB risk statistics
| Statistic | Since 2024 |
|---|---|
| Annualized return | +1.2% |
| Volatility (annualized) | 4.5% |
| Sharpe ratio | -0.57 |
| Sortino ratio | -0.66 |
| Best month | +2.3% |
| Worst month | −3.0% |
| Best 12 months | +8.4% |
| Worst 12 months | −2.8% |
| Positive months | 64% |
| Beta vs S&P 500 | — |
| Correlation with S&P 500 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
IGCB rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 12 | −2.8% | +4.8% | +8.4% | 83% |
Every holding period starting at a month-end since 2024. Returns for 3 years and longer are annualized.
IGCB performance overview
TCW Corporate Bond ETF (IGCB) returned −2.5% over the past year, with distributions reinvested. Since its first recorded price on Nov 18, 2024 it has returned +5.8%. Over the same year U.S. bonds (AGG) returned −1.1%.
The deepest decline was −5.1%, from Feb 27, 2026 to Oct 5, 2026; the fund has not yet regained that high. Volatility has been 4.5% a year.
Related: IGCB chart, IGCB dividends, IGCB bond profile. See the IGCB overview for the latest quote and fund facts.
IGCB performance FAQ
What is the IGCB return over the past year?
IGCB returned −2.5% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 6.8%.
How much would $10,000 invested in IGCB be worth?
$10,000 invested in IGCB at its first recorded close on November 18, 2024 would be worth about $10,576 on October 23, 2026 with distributions reinvested.
What is the biggest drawdown of IGCB?
The largest peak-to-trough decline was −5.1% between February 27, 2026 and October 5, 2026. It has not yet recovered to that high; it is 3.4% below its peak.
How volatile is IGCB?
Over the past history IGCB had an annualized volatility of 4.5% and a Sharpe ratio of -0.57 (excess return over 1–3 month T-bills per unit of risk).