Invesco Investment Grade Defensive ETF (IIGD) Performance
IIGD total return
Distributions reinvested · as of Oct 23, 2026- YTD
- −0.1% since Dec 31, 2025
- 1 year
- +0.4% total return
- 5 years
- +1.7% a year
- Since first price
- +2.7% a year since 2018
IIGD trailing returns vs AGG, TLT, SPY
| Period | IIGD total return | Price only | U.S. bonds (AGG) | 20+ yr Treasuries (TLT) | S&P 500 (SPY) |
|---|---|---|---|---|---|
| 1 month | +0.9% | +0.5% | +0.9% | +1.5% | −1.0% |
| 3 months | −0.0% | −1.1% | −0.4% | −1.0% | +3.2% |
| 6 months | −0.5% | −2.6% | −1.5% | −3.8% | +7.8% |
| YTD | −0.1% | −3.6% | −1.0% | −3.4% | +12.3% |
| 1 year | +0.4% | −3.8% | −1.1% | −6.9% | +14.4% |
| 3 years | +16.8%+5.3%/yr | +2.9% | +16.6%+5.2%/yr | +9.7%+3.1%/yr | +87.4%+23.3%/yr |
| 5 years | +8.8%+1.7%/yr | −9.3% | −0.8%−0.2%/yr | −32.5%−7.6%/yr | +79.3%+12.4%/yr |
| Since inceptionSep 7, 2018 | +23.9%+2.7%/yr | −4.7% | — | — | — |
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: IIGD vs AGG
From Sep 7, 2018: IIGD grew to $12,394, AGG to $11,495.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
IIGD returns by calendar year
5 of 7 full years positive. Best 2019 (+7.6%), worst 2022 (−7.3%). 2026 is year to date.
IIGD annual returns table
| Year | IIGD | Largest drop | AGG | TLT | SPY |
|---|---|---|---|---|---|
| 2026YTD | −0.1% | −2.3% | −1.0% | −3.4% | +12.3% |
| 2025 | +7.1% | −1.6% | +7.2% | +4.3% | +17.7% |
| 2024 | +3.9% | −2.0% | +1.3% | −8.1% | +24.9% |
| 2023 | +5.7% | −2.9% | +5.7% | +2.8% | +26.2% |
| 2022 | −7.3% | −9.9% | −13.0% | −31.2% | −18.2% |
| 2021 | −1.4% | −2.0% | −1.8% | −4.6% | +28.7% |
| 2020 | +6.3% | −8.6% | +7.5% | +18.2% | +18.3% |
| 2019 | +7.6% | −1.3% | +8.5% | +14.1% | +31.2% |
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.
IIGD largest drawdowns
Now 1.2% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Aug 3, 2021 | −11.4% | Oct 20, 2022 | Aug 14, 2024 | 1.2 years | 3.0 years |
| Mar 4, 2020 | −8.6% | Mar 20, 2020 | Apr 24, 2020 | 16 days | 51 days |
Declines from a closing high (distributions reinvested) of 5% or more. Underwater = time from the peak until the old high was regained.
IIGD risk statistics
| Statistic | 3 years | 5 years | Since 2018 |
|---|---|---|---|
| Annualized return | +4.8% | +1.3% | +2.6% |
| Volatility (annualized) | 3.2% | 4.1% | 3.7% |
| Sharpe ratio | 0.12 | -0.55 | 0.00 |
| Sortino ratio | 0.18 | -0.70 | 0.01 |
| Best month | +2.8% | +2.8% | +3.0% |
| Worst month | −1.6% | −2.4% | −2.4% |
| Best 12 months | +10.1% | +10.1% | +10.1% |
| Worst 12 months | −0.1% | −9.7% | −9.7% |
| Positive months | 78% | 60% | 61% |
| Beta vs S&P 500 | 0.11 | 0.15 | — |
| Correlation with S&P 500 | 0.44 | 0.58 | — |
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.
IIGD rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 86 | −9.7% | +4.1% | +10.1% | 74% |
| 3-year (a year) | 62 | −2.5% | +0.8% | +6.0% | 61% |
| 5-year (a year) | 38 | +1.0% | +1.4% | +2.0% | 100% |
Every holding period starting at a month-end since 2018. Returns for 3 years and longer are annualized.
IIGD performance overview
Invesco Investment Grade Defensive ETF (IIGD) returned +0.4% over the past year and +1.7% a year over five years, with distributions reinvested. Since its first recorded price in 2018 it has returned +2.7% a year, turning $10,000 into about $12,394. Over the same year U.S. bonds (AGG) returned −1.1%.
The deepest decline was −11.4%, from Aug 3, 2021 to Oct 20, 2022, and it took 1.8 years to get back to the old high. IIGD finished 5 of its 7 full calendar years with a gain; the best year was 2019 (+7.6%) and the worst 2022 (−7.3%). Volatility has been 3.7% a year.
Related: IIGD chart, IIGD dividends, IIGD bond profile. See the IIGD overview for the latest quote and fund facts.
IIGD performance FAQ
What is the IIGD return over the past year?
IIGD returned +0.4% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 3.8%.
What is the average annual return of IIGD?
IIGD has returned +1.7% a year over 5 years, +2.7% a year since September 7, 2018 (total return, distributions reinvested).
How much would $10,000 invested in IIGD be worth?
$10,000 invested in IIGD at its first recorded close on September 7, 2018 would be worth about $12,394 on October 23, 2026 with distributions reinvested.
What was the worst year for IIGD?
The worst calendar year was 2022, with a total return of −7.3%. The best was 2019 at +7.6%.
What is the biggest drawdown of IIGD?
The largest peak-to-trough decline was −11.4% between August 3, 2021 and October 20, 2022. It recovered to the old high on August 14, 2024, 1.8 years after the bottom.
How volatile is IIGD?
Over the past 3 years IIGD had an annualized volatility of 3.2% and a Sharpe ratio of 0.12 (excess return over 1–3 month T-bills per unit of risk).