BenzingaT3·17mo ago
IG Principal Investment Grade Corporate Active ETF
ETFETF quote, holdings, sector allocation, technicals, and options analytics. Fibonacci levels
Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.
IG
—
—
Key stats
About
Principal Investment Grade Corporate Active ETF (IG) ETF
No description available.
- Exchange
- BATS
- Inception
- 2018-04-18
- Has Options
- No
Fund profile
holdings as of Jun 30, 2026SEC filingthrough Jun 2026flows, SEC filings
- Expense ratio
- 0.19% prospectus, filed Oct 27, 2025
- Assets
- $204M shares × price, Oct 20, 2026
- Trailing yield
- 5.29% paid monthly
- Average daily volume
- $1.0M 30 sessions
- Holdings
- 251 top 10 are 14.6%
- Listed
- Apr 18, 2018 Cboe BZX
Cost63
Liquidity34
Scale48
Diversification100
Moves with. Long Treasuries (74% of its variance, beta 0.46); US large-cap stocks (4% of its variance, beta 0.03). These factors explain 78% of its daily moves over the last year.
Stated objective. The Fund seeks to provide current income (from the fund's prospectus)
All 251 holdingsFlow historyOverlap toolAll Investment-Grade Corporate ETFs
Fund flows
through Jun 2026SEC filings- Jun 2026
- +$20M latest reported month
- Latest 3 months
- +$34M +17.1% of assets
- Latest 12 months
- +$95M +47.5% of assets
View as a table
| Month | Net flow |
|---|---|
| Jun 2026 | +$20M |
| May 2026 | $0 |
| Apr 2026 | +$14M |
| Mar 2026 | $0 |
| Feb 2026 | +$9.4M |
| Jan 2026 | +$8.4M |
| Dec 2025 | $0 |
| Nov 2025 | +$16M |
| Oct 2025 | +$8.4M |
| Sep 2025 | +$4.2M |
| Aug 2025 | +$7.3M |
| Jul 2025 | +$7.2M |
Net creations and redemptions from the fund's SEC filings, which become public about 60 days after each quarter. Every month since 84 months ago
Similar funds
| Fund | Overlap | Fee | Assets | 1Y | |
|---|---|---|---|---|---|
| VCITVanguard Intermediate-Term Corporate Bond ETF | — | 0.03% | $67.0B | −6.7% | compare |
| LQDiShares iBoxx $ Investment Grade Corporate Bond ETF | — | 0.14% | $28.8B | −8.0% | compare |
| IGIBiShares Trust iShares 5-10 Year Investment Grade Corporate Bond ETF | — | 0.04% | $19.3B | −6.7% | compare |
| USIGiShares Broad USD Investment Grade Corporate Bond ETF | — | 0.04% | $17.8B | −6.4% | compare |
| SPIBState Street SPDR Portfolio Intermediate Term Corporate Bond ETF | — | 0.04% | $11.3B | −4.7% | compare |
The largest other funds in the Investment-Grade Corporate category.
Under the hood
fiscal year to Jun 30, 2026SEC census- Authorized participants
- 3 active of 16 with agreements; top 3 did 100%
- Created · redeemed
- $95M · $0 over the fiscal year
- Redemptions in kind
- 0% creations 96% in kind
- Creation unit
- 50,000 shares
- Securities lending
- 0.74% of assets on loan on average; earned 0.2 bp
From the fund's annual census filing with the SEC. In-kind redemptions are what let an ETF shed appreciated securities without realising gains.
ETF Profile
holdings as of 2026-06-30
Holdings
251
AUM
$199.5M
Provider
Nport
Inception
2018-04-18
Exchange
BATS
Data As Of
2026-06-30
Expense Ratio
0.19%
Dividend Yield
5.29%
Distribution
Monthly
Recent distributions
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| 2026-10-01 | 2026-10-05 | $0.0860 | CD |
| 2026-09-01 | 2026-09-03 | $0.0885 | CD |
| 2026-08-03 | 2026-08-05 | $0.0863 | CD |
| 2026-07-01 | 2026-07-06 | $0.0840 | CD |
| 2026-06-01 | 2026-06-03 | $0.0865 | CD |
| 2026-05-01 | 2026-05-05 | $0.0869 | CD |
Asset Allocation
Top Holdings
top 50 of 251 holdings
| Symbol | Name | Weight % | Asset Class | Country |
|---|---|---|---|---|
| — | MORGAN STANLEY | 2.63% | Debt | US |
| — | State Street Institutional US Government Money Market Fund | 2.43% | Short-term investment | US |
| — | BANK OF AMERICA CORP | 2.38% | Debt | US |
| — | PNC FINANCIAL SERVICES | 1.48% | Debt | US |
| — | HUNTINGTON BANCSHARES | 1.47% | Debt | US |
| — | BOEING CO | 1.26% | Debt | US |
| — | DELTA AIR LINES/SKYMILES | 1.12% | Debt | US |
| — | XCEL ENERGY INC | 1.09% | Debt | US |
| — | HSBC HOLDINGS PLC | 1.07% | Debt | GB |
| — | KEYBANK NATIONAL ASSN | 1.06% | Debt | US |
| — | DT MIDSTREAM INC | 1.03% | Debt | US |
| — | ZOETIS INC | 1.02% | Debt | US |
| — | MARS INC | 0.99% | Debt | US |
| — | GOLDMAN SACHS GROUP INC | 0.98% | Debt | US |
| — | INTERSTATE POWER & LIGHT | 0.92% | Debt | US |
| — | DEUTSCHE BANK NY | 0.90% | Debt | DE |
| — | MORGAN STANLEY PVT BANK | 0.89% | Debt | US |
| — | CITADEL FINANCE LLC | 0.86% | Debt | US |
| — | US BANCORP | 0.85% | Debt | US |
| — | BEIGNET INVESTOR LLC | 0.83% | Debt | US |
| — | CMS ENERGY CORP | 0.80% | Debt | US |
| — | US BANCORP | 0.80% | Debt | US |
| — | CITADEL SECURITIES GLOBA | 0.78% | Debt | US |
| — | MARVELL TECHNOLOGY INC | 0.77% | Debt | US |
| — | DEUTSCHE BANK NY | 0.76% | Debt | DE |
| — | MARS INC | 0.75% | Debt | US |
| — | AS MILEAGE PLAN IP LTD | 0.74% | Debt | KY |
| — | ATLAS WAREHOUSE LEND | 0.73% | Debt | US |
| — | JANE STREET GRP/JSG FIN | 0.72% | Debt | US |
| — | AIRCASTLE / IRELAND DAC | 0.71% | Debt | BM |
| — | SOCIETE GENERALE | 0.70% | Debt | FR |
| — | JPMORGAN CHASE & CO | 0.69% | Debt | US |
| — | NEXTERA ENERGY CAPITAL | 0.69% | Debt | US |
| — | AS MILEAGE PLAN IP LTD | 0.69% | Debt | KY |
| — | BROADCOM INC | 0.68% | Debt | US |
| — | HP ENTERPRISE CO | 0.68% | Debt | US |
| — | HP ENTERPRISE CO | 0.66% | Debt | US |
| — | NISOURCE INC | 0.62% | Debt | US |
| — | SMURFIT KAPPA TREASURY | 0.62% | Debt | IE |
| — | AERCAP FUNDING DAC | 0.61% | Debt | IE |
| — | JBS NV/USA FOODS/FOOD CO | 0.59% | Debt | NL |
| — | CHARLES SCHWAB CORP | 0.59% | Debt | US |
| — | JBS NV/USA FOODS/FOOD CO | 0.59% | Debt | NL |
| — | BROADCOM INC | 0.58% | Debt | US |
| — | ONEOK INC | 0.56% | Debt | US |
| — | BAT CAPITAL CORP | 0.56% | Debt | US |
| — | TRUIST FINANCIAL CORP | 0.56% | Debt | US |
| — | PACKAGING CORP OF AMERIC | 0.56% | Debt | US |
| — | UNITED AIR 2024-1 A PTT | 0.54% | Debt | US |
| — | RTX CORP | 0.53% | Debt | US |
Non-Equity Breakdown
Principal Investment Grade Corporate ETF ·
NPORT-P period 2026-06-30
(filed 2026-08-11)
Net assets:
$199M
· 251 total positions
· equity 0.00%
· non-equity 100.18%
Non-equity holdings
— 251 positions,
100.18% of NAV
| Category | Weight | Value | Positions |
|---|---|---|---|
| Corporate | 97.64% | $194.4M | 242 |
| Short-term investment | 2.54% | $5.0M | 2 |
| Derivative (interest rate) | 0.01% | $11713 | 6 |
| Debt | 0.00% | $67 | 1 |
Chart
Seasonality
| Month | '21 | '22 | '23 | '24 | '25 | '26 | Avg |
|---|---|---|---|---|---|---|---|
| Jan | -0.89% | -2.46% | 4.32% | 0.19% | 0.59% | 0.62% | 0.40% |
| Feb | -2.52% | -2.19% | -4.06% | -2.20% | 2.05% | 1.30% | -1.27% |
| Mar | -1.73% | -3.54% | 2.57% | 0.70% | -0.70% | -1.52% | -0.70% |
| Apr | 0.94% | -6.19% | -0.50% | -1.96% | -0.51% | 0.29% | -1.32% |
| May | 0.24% | 1.71% | -0.10% | 1.50% | 0.69% | 0.50% | 0.76% |
| Jun | 1.98% | -3.16% | 0.13% | 0.12% | 2.36% | 0.23% | 0.28% |
| Jul | 1.39% | 2.88% | 0.29% | 2.86% | 0.09% | -1.92% | 0.93% |
| Aug | -0.37% | -3.90% | 0.01% | 1.26% | 0.39% | 0.02% | -0.43% |
| Sep | -1.27% | -4.87% | -2.28% | 1.66% | 2.03% | -2.47% | -1.20% |
| Oct | -0.19% | -1.80% | -0.98% | -2.83% | -0.02% | 0.92%* | -0.82% |
| Nov | -0.06% | 4.68% | 4.62% | 1.89% | 1.18% | -- | 2.46% |
| Dec | -0.25% | -2.75% | 3.04% | -2.78% | -0.26% | -- | -0.60% |
| Total | -2.78% | -20.05% | 6.90% | 0.19% | 8.12% | -2.09% | -1.62% |
Technical Indicators
Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.
Trend Indicators
- SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
- EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
- MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
- ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
- +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
- RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
- Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
- Williams %R — inverted scale: <−80 oversold, >−20 overbought.
Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.
Volume & Volatility
- Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
- OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
- Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
- ATR / True Range — average daily $ move; sizing and stop-loss reference.
- HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.
Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →
Trend Indicators
SMA 20: $19.61
SMA 50: $19.91
SMA 200: $20.48
Current: $19.69
EMA 12: $19.66
EMA 26: $19.72
MACD: -0.0587 | Signal: 0.0346
BEARISH
ADX (14): 23.42
WEAK TREND
+DI: 22.40
−DI: 30.20
Momentum Oscillators
RSI (14): 46.99
NEUTRAL
Stoch %K: 74.89
Stoch %D: 79.87
Williams %R: -25.33
Volume & Volatility
BB Upper: $19.79
BB Lower: $19.43
NEUTRAL
OBV: -1,742,966
Vol SMA 20: 56,528
Vol ROC: -51.81%
ATR: $0.10
True Range: $0.06
HV 20: 5.2%
HV 30: 6.0%
HV 60: 5.4%
Data Summary
Data Points: 500
Last Updated:
Date Range: 2024-10-23T00:00:00 – 2026-10-21T00:00:00
AI Analysis
LLM Stock Analysis Report
Executive Summary
This report provides an in-depth analysis of IG, a stock with mixed signals from technical indicators, news headlines, and risk metrics.
Overall Assessment: NEUTRAL (Confidence Level: 6/10)
The primary drivers are the conflicting technical signals and neutral news sentiment. The main risks arise from the potential for a breakout or breakdown, given the tight range-bound behavior.
Key Drivers and Primary Risks
- Technical indicators:
- MACD is bearish, indicating a possible sell signal.
- RSI is neutral (56.13), suggesting no strong buying or selling pressure.
- Bollinger Bands are neutral, with the price near the middle band.
- News sentiment: Neutral, with no recent headlines having a significant impact on the stock price.
Technical Analysis
Trend Direction: Range-bound behavior with no clear uptrend or downtrend.
Support/Resistance Levels:
- Support: $20.38 (lower Bollinger Band)
- Resistance: $20.76 (upper Bollinger Band)
Momentum Signals:
- RSI interpretation: Neutral (56.13), indicating no strong buying or selling pressure.
- MACD signal: Bearish, indicating a possible sell signal.
- Bollinger Bands position: Neutral, with the price near the middle band.
Volume Analysis:
- Volume SMA 20: 29329.80
- On-Balance Volume (OBV): -146395.84
- Volume Rate of Change: -93.24%
News & Sentiment Analysis
Recent Headlines Summary: Neutral news headlines with no significant impact on the stock price.
Sentiment Assessment: Neutral, reflecting the lack of strong positive or negative sentiment in recent news.
Catalyst Identification: No specific catalysts identified from recent news headlines.
Market Narrative: The neutral market narrative is reflected in the technical indicators and news sentiment, suggesting a range-bound environment with no clear direction.
Risk & Volatility Assessment
Beta Interpretation: IG has a low beta (0.16) compared to SPY, indicating that it moves less than the broader market.
Volatility Regime: Low volatility regime, with the stock moving less than the market.
Options Market Signals: No options data available for analysis.
Downside Protection: Support levels are in place at $20.38 (lower Bollinger Band), providing some downside protection.
Market Context & Positioning
Sector Performance: Not applicable, as IG is not a sector-specific stock.
Institutional Activity: No clear institutional activity signals or volume patterns suggesting significant interest.
Correlation Analysis: Low correlation with the broader market (0.37).
Relative Valuation: IG appears to be trading within a range-bound environment, with no strong buy or sell signals from relative valuation metrics.
Key Levels & Action Items
- Critical Price Levels:
- Support at $20.38 (lower Bollinger Band)
- Resistance at $20.76 (upper Bollinger Band)
- Breakout/Breakdown Levels: No specific levels identified.
- Time-Sensitive Catalysts: None identified from recent news headlines.
- Risk Management: Consider a stop-loss level near the lower Bollinger Band ($20.38) to manage potential downside risk.
Additional Analysis:
Flag for missing data on earnings information and options activity.
Note that the neutral market narrative and conflicting technical signals may lead to range-bound behavior, making it challenging to identify strong buy or sell signals. As a result, this analysis is designed to provide a balanced view of the stock's prospects, highlighting key levels and potential catalysts.
Generated
News
All IG news →
Seeking AlphaT3·28mo ago
Seeking AlphaT3·28mo ago
Seeking AlphaT3·31mo ago
Seeking AlphaT3·32mo ago
Seeking AlphaT3·39mo ago
Seeking AlphaT3·47mo ago
Seeking AlphaT3·47mo ago
Seeking AlphaT3·52mo ago
Seeking AlphaT3·52mo ago
Showing 1–10 of 16
Page 1 of 2
IG Options Activity & IV Rank
Loading options activity...
Spread Scanner GPU
Each spread is ranked by a composite score built in three stages. Full documentation →
Stage 1 — Base Score (GPU scanner)
score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.
Stage 2 — Skew Adjustment (±25% cap)
RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.
Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
- RSI <40 bullish / >60 bearish
- MACD crossover + histogram trend
- Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
- Stochastic %K <20 / >80
- Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
- Blended ATR + straddle expected-move penalty
- Bollinger Band signal (+ counter-trend penalty)
- BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
- IV rank ≥ 75 → strong boost for credit spreads
- IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
- Min open interest across all legs
- OI < 100 → −0.10 · OI < 500 → −0.05
score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →
Enter a ticker to scan for optimal spread opportunities.
Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.
Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Wing vs ATM
IV(put wing) − IV(ATM), in vol pointsHow much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.
- Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
- Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
- Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
- Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each sideWhich side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.
- Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
- Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
- Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
- Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together
Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:
- High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
- Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
- Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d
—
—
pts
EXTREME
ATM — / Wing —
30 DTE / 10d
—
—
pts
EXTREME
ATM — / Wing —
Extreme reading.
Historically these have been contrarian — on the small set of observed earnings-day cases, large negative wing-vs-ATM gaps (calls pricing much richer than puts at the same delta) preceded sharp drops in the underlying within 1-12 days. Not financial advice and the dataset is small.
Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.
Volatility Surface
Enter a ticker to render the implied volatility surface.
Volatility Smile
Enter a ticker to render the implied volatility smile.
IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Beta Analysis
Risk Metrics
Beta: 0.1804
Alpha: -10.16%
Correlation: 0.4511
R-Squared: 20.3%
Stock Volatility: 5.1%
Market Volatility: 12.7%
Analysis Details
Benchmark: SPY
Data Points: 251
Period: 252 trading days
Data Points: 251
Period: 252 trading days
Interpretation:
Low volatility - stock moves less than market
Low volatility - stock moves less than market
Beta & Alpha Over Time
IG Institutional Ownership (13F)
Latest filings — 2026-06-30Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.
- Shares — long equity positions in this name, aggregated across share classes.
- Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
- % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
- Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.
Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.
| # | Filer | Notional Value | % of Total | Period |
|---|
| # | Filer | Notional Value | % of Total | Period |
|---|
Constituent Performance
Click any bar to view the full quote for that stock.
Constituents
| Symbol | Name | Weight % | Price | 1 Day | 1 Week | 1 Month |
|---|