Global IG Corporate Bond Active UCITS ETF
Global IG Corporate Bond Active UCITS ETF
About
Global IG Corporate Bond Active UCITS ETF (IE000S2QZKI8) is a UCITS-compliant bond ETF tracking the Bloomberg Global Aggregate Corporate Index Total Return USD Unhedged. With a TER of 0.25%, it is moderately priced, reinvesting dividends. The fund holds 654 positions across 21 regions with 459M in assets, with heavy concentration — 56% in United States, 79% in corporate bonds.
Score Breakdown
Scores are scaled 1–10 on a logarithmic curve relative to all ETFs in the database. Last updated: Jul 2, 2026
| Component | Score | Details |
|---|---|---|
| Overall | 7.2 | Diversification (45%) · Cost (30%) · Liquidity (25%) |
| Cost (30%) | 8.4 | Tracking Difference: 10.0 · TD Consistency: — · Expense Ratio (TER): 4.6 |
| Diversification (45%) | 6.4 | Holding Count: 7.2 · Country Concentration: 8.0 · Sector Concentration: 2.4 |
| Liquidity (25%) | 7.1 | Assets Under Management |
Data sources: provider factsheets, exchange data, and NAV history. Information for educational purposes only — not investment advice.
ISIN
Fund Size $458.6M
Issuer JPMorgan
Distribution Re-Invests Dividends
Replication —
Inception May 2025
Base Currency USD
Index Bloomberg Global Aggregate Corporate Index Total Return USD Unhedged
Asset Class Bonds
Category Aggregate Bond
Costs
8.4 This fund has low total costs, with competitive tracking and expense ratios.
TER0.00%
TER0.00%
| Metric | Value |
|---|---|
| TER | 0.25% |
Cumulative Returns
Performance across different time periods.
1 Month+0.00%
3 Months+0.00%
Year to Date+0.00%
1 Year+0.00%
Inception+0.00%
1 Month+0.00%
3 Months+0.00%
Year to Date+0.00%
1 Year+0.00%
Inception+0.00%
| Period | Cumulative Return |
|---|---|
| 1 Month | +0.70% |
| 3 Months | -1.26% |
| 6 Months | +0.64% |
| 1 Year | +5.73% |
| 3 Years | — |
| 5 Years | — |
| 10 Years | — |
| YTD | +0.38% |
| Since Inception | +6.58% |
Holdings
7.2 This fund holds 654 individual investments, offering moderate diversification compared to other ETFs.
Sectors
2.4 This fund is concentrated in just a few of its 10 sectors, reducing diversification.
| Sector | Weight |
|---|---|
| Corporate Bonds | 7858.00% |
| Unknown | 843.00% |
| Financials | 837.00% |
| Utilities | 187.00% |
| Consumer Discretionary | 139.00% |
| Consumer Staples | 109.00% |
| Technology | 28.00% |
| Materials | 28.00% |
| Government Bonds | 24.00% |
| Industrials | 24.00% |
Regions
8.0 This fund is well-diversified across 22 countries, closely matching the global market.
| Country | Weight |
|---|---|
| United States | 5640.00% |
| UNKNOWN | 689.00% |
| United Kingdom | 570.00% |
| France | 422.00% |
| Italy | 356.00% |
| Spain | 311.00% |
| Netherlands | 297.00% |
| Luxembourg | 283.00% |
| Germany | 277.00% |
| Ireland | 250.00% |
| Cayman Islands | 166.00% |
| Jersey | 106.00% |
| Switzerland | 103.00% |
| Canada | 102.00% |
| Greece | 98.00% |
| Denmark | 76.00% |
| Australia | 68.00% |
| Norway | 54.00% |
| Japan | 47.00% |
| Singapore | 43.00% |
| Portugal | 34.00% |
| Sweden | 8.00% |
Nerd Stuff
Advanced risk and return metrics (2025-05-19 — 2026-04-17).
3.1%
Volatility
-3.7%
Max Drawdown
0.48
Sharpe Ratio
0.75
Sortino Ratio
0.40
Calmar Ratio
0.24
Beta
-3.46%
Alpha (Jensen's)
0.183
R²
Benchmark-relative metrics (Beta, Alpha, R²) are calculated against the iShares Core S&P 500 ETF (IE00B5BMR087).
Broker Availability
Where you can buy this ETF.
Trade
Free
Savings Plan
Free
Account
Free
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