IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF
TREND FOLLOWING PERFORMANCE HISTORY
2026-05-31
Executive Summary
The quantitative backtest for IGIB (iShares 5-10 Year Investment Grade Corporate Bond ETF) using the Excess Return MMA CA* strategy in a Investing context demonstrated its primary role in risk mitigation, experiencing a maximum drawdown of -8.5% (compared to the benchmark's drawdown of -20.6%). Over the evaluated period, this protective approach generated a Compound Annual Growth Rate (CAGR) of 4.0%, compared to a Buy-and-Hold benchmark return of 3.9%. The strategy executed 29 total trades.
* Excess Return MMA CA: Multi-Moving Average (Triple-Band) model utilizing sophisticated long/short cross durations optimized against volatility, with a month-end dynamic Cash Alternative sleeve rotation.
* Excess Return MMA CA: Multi-Moving Average (Triple-Band) model utilizing sophisticated long/short cross durations optimized against volatility, with a month-end dynamic Cash Alternative sleeve rotation.
📊 Mathematical Model
Excess Return MMA
Advanced Ensemble: Uses multiple signal layers for maximum trend stability and noise reduction.
Excess Return MMA CA Active
Advanced Dynamic Sleeve: MMA ensemble signals on the primary asset combined with a momentum-based cash alternative ETF rotation.
Excess Return SMA
Standard Signal: Classical quantitative trend following optimized for reliable directionality.
Moving Average (50/200)
Moving Average: The baseline 50/200-day crossover model used by technical analysts worldwide.
IGIB Quality Metrics & KPI Summary
| Metric | 1Y | 5Y | 10Y | Full History | ||||
|---|---|---|---|---|---|---|---|---|
| Strategy | B&H | Strategy | B&H | Strategy | B&H | Strategy | B&H | |
| CAGR | 5.91% | 6.79% | 2.46% | 1.51% | 3.65% | 3.13% | 3.97% | 3.86% |
| Sharpe Ratio | 1.60 | 1.59 | 0.76 | 0.23 | 1.03 | 0.51 | 1.16 | 0.73 |
| Max Drawdown | -2.74% | -3.01% | -5.56% | -20.63% | -8.52% | -20.63% | -8.52% | -20.63% |
| % Time Invested | 100.0% | 100.0% | 76.2% | 100.0% | 87.4% | 100.0% | 92.7% | 100.0% |
| Trades / Year | 0.0 | 0.0 | 1.8 | 0.0 | 1.9 | 0.0 | 1.7 | 0.0 |
Cumulative Growth Performance
Return Distribution Analysis
Trade History
This log shows every signal-driven transition. Completed trades reflect standard market cycles. An Open / Mark-to-Market exit denotes a position currently held active, valued at the latest price. Interest entries record cash yields accrued during out-of-market periods.
| Entry Date | Exit Date | Type | Allocation | Entry Price | Exit Price | Net Return % | Exit Reason |
|---|---|---|---|---|---|---|---|
| Pending (2026-05-30) | — | Pending Buy | 33.33% | — | — | —% | Pending Next-Day Open |
| 2025-08-04 | Open | Open | 33.33% | $51.57 | $53.32 | 3.39% | Mark-to-Market |
| 2024-08-05 | Open | Open | 33.33% | $48.71 | $53.32 | 9.47% | Mark-to-Market |
| 2026-05-04 | Open | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.35% | Mark-to-Market |
| 2026-03-25 | 2026-05-01 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.38% | Interest Income |
| 2025-04-29 | 2026-03-25 | Completed | 33.33% | $49.80 | $52.80 | 6.02% | Signal |
| 2025-06-03 | 2025-08-04 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 0.96% | Interest Income |
| 2025-05-02 | 2025-06-02 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.32% | Interest Income |
| 2025-04-08 | 2025-05-01 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 1.19% | Interest Income |
| 2024-12-31 | 2025-04-29 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 1.23% | Interest Income |
| 2024-03-25 | 2025-04-08 | Completed | 33.33% | $46.65 | $49.28 | 5.65% | Signal |
| 2024-08-01 | 2024-12-31 | Completed | 33.33% | $48.27 | $48.56 | 0.60% | Signal |
| 2024-08-02 | 2024-08-05 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.09% | Interest Income |
| 2024-05-17 | 2024-08-01 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 1.24% | Interest Income |
| 2023-06-02 | 2024-08-01 | Interest (FLOT) | 33.33% | $1.00 | $1.08 | 7.87% | Interest Income |
| 2024-01-11 | 2024-05-17 | Completed | 33.33% | $46.39 | $46.68 | 0.64% | Signal |
| 2023-09-27 | 2024-03-25 | Interest (FLOT) | 33.33% | $1.00 | $1.03 | 3.37% | Interest Income |
| 2023-07-12 | 2024-01-11 | Interest (FLOT) | 33.33% | $1.00 | $1.03 | 3.18% | Interest Income |
| 2023-05-04 | 2023-09-27 | Completed | 33.33% | $44.79 | $43.41 | -3.07% | Signal |
| 2023-02-03 | 2023-07-12 | Completed | 33.33% | $44.71 | $44.31 | -0.89% | Signal |
| 2023-04-04 | 2023-06-01 | Interest (SHV) | 33.33% | $1.00 | $1.01 | 0.71% | Interest Income |
| 2023-04-04 | 2023-05-04 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.35% | Interest Income |
| 2022-12-02 | 2023-04-03 | Interest (FLOT) | 33.33% | $1.00 | $1.02 | 1.87% | Interest Income |
| 2022-12-02 | 2023-04-03 | Interest (FLOT) | 33.33% | $1.00 | $1.02 | 1.87% | Interest Income |
| 2022-12-02 | 2023-02-03 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 1.45% | Interest Income |
| 2022-10-04 | 2022-12-01 | Interest (BIL) | 33.33% | $1.00 | $1.01 | 0.52% | Interest Income |
| 2022-10-04 | 2022-12-01 | Interest (BIL) | 33.33% | $1.00 | $1.01 | 0.52% | Interest Income |
| 2022-10-04 | 2022-12-01 | Interest (BIL) | 33.33% | $1.00 | $1.01 | 0.52% | Interest Income |
| 2022-09-02 | 2022-10-03 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | -0.05% | Interest Income |
| 2022-09-02 | 2022-10-03 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | -0.05% | Interest Income |
| 2022-09-02 | 2022-10-03 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | -0.05% | Interest Income |
| 2022-04-04 | 2022-09-01 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.35% | Interest Income |
| 2022-03-02 | 2022-09-01 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.37% | Interest Income |
| 2022-03-02 | 2022-09-01 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.37% | Interest Income |
| 2022-03-31 | 2022-04-04 | Completed | 33.33% | $46.31 | $46.28 | -0.06% | Signal |
| 2022-03-09 | 2022-03-31 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.01% | Interest Income |
| 2020-04-06 | 2022-03-09 | Completed | 33.33% | $44.01 | $46.98 | 6.76% | Stop |
| 2022-02-14 | 2022-03-01 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | -0.08% | Interest Income |
| 2022-01-04 | 2022-03-01 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.01% | Interest Income |
| 2021-09-14 | 2022-02-14 | Completed | 33.33% | $50.60 | $47.65 | -5.82% | Signal |
| 2021-11-24 | 2022-01-03 | Interest (BIL) | 33.33% | $1.00 | $1.00 | -0.01% | Interest Income |
| 2021-07-16 | 2021-11-24 | Completed | 33.33% | $50.28 | $49.14 | -2.26% | Signal |
| 2021-09-02 | 2021-09-14 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.04% | Interest Income |
| 2021-08-03 | 2021-09-01 | Interest (SHV) | 33.33% | $1.00 | $1.00 | -0.02% | Interest Income |
| 2021-06-07 | 2021-08-02 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.03% | Interest Income |
| 2021-05-04 | 2021-07-16 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.19% | Interest Income |
| 2020-04-06 | 2021-06-07 | Completed | 33.33% | $44.01 | $49.57 | 12.66% | Signal |
| 2021-04-05 | 2021-05-03 | Interest (BIL) | 33.33% | $1.00 | $1.00 | -0.01% | Interest Income |
| 2021-03-31 | 2021-04-01 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | -0.06% | Interest Income |
| 2020-05-21 | 2021-03-31 | Completed | 33.33% | $47.22 | $48.69 | 3.13% | Signal |
| 2020-04-15 | 2020-05-21 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income |
| 2020-04-06 | 2020-04-15 | Completed | 33.33% | $44.01 | $46.07 | 4.69% | Signal |
| 2020-03-13 | 2020-04-06 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.08% | Interest Income |
| 2020-03-13 | 2020-04-06 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.08% | Interest Income |
| 2020-03-13 | 2020-04-06 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.08% | Interest Income |
| 2018-12-17 | 2020-03-13 | Completed | 33.33% | $40.07 | $44.61 | 11.35% | Stop |
| 2018-12-17 | 2020-03-13 | Completed | 33.33% | $40.07 | $44.61 | 11.35% | Stop |
| 2018-05-29 | 2020-03-13 | Completed | 33.33% | $39.97 | $44.61 | 11.62% | Stop |
| 2018-12-04 | 2018-12-17 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.08% | Interest Income |
| 2018-12-04 | 2018-12-17 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.08% | Interest Income |
| 2018-11-08 | 2018-12-03 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.14% | Interest Income |
| 2018-11-02 | 2018-12-03 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.16% | Interest Income |
| 2018-05-29 | 2018-11-08 | Completed | 33.33% | $39.97 | $39.86 | -0.27% | Signal |
| 2018-05-24 | 2018-11-01 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 0.95% | Interest Income |
| 2018-03-05 | 2018-05-29 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 0.57% | Interest Income |
| 2017-12-28 | 2018-05-29 | Interest (FLOT) | 33.33% | $1.00 | $1.01 | 1.14% | Interest Income |
| 2009-09-10 | 2018-05-24 | Completed | 33.33% | $29.69 | $39.85 | 34.22% | Signal |
| 2017-07-06 | 2018-03-05 | Completed | 33.33% | $40.13 | $39.96 | -0.42% | Signal |
| 2017-04-18 | 2017-12-28 | Completed | 33.33% | $39.98 | $40.58 | 1.48% | Signal |
| 2017-05-02 | 2017-07-06 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.30% | Interest Income |
| 2017-04-04 | 2017-05-01 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.06% | Interest Income |
| 2017-04-04 | 2017-04-18 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.02% | Interest Income |
| 2017-02-23 | 2017-04-03 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.09% | Interest Income |
| 2016-12-05 | 2017-04-03 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.49% | Interest Income |
| 2016-03-03 | 2017-02-23 | Completed | 33.33% | $38.27 | $39.57 | 3.39% | Signal |
| 2016-03-21 | 2016-12-05 | Completed | 33.33% | $38.70 | $39.04 | 0.88% | Signal |
| 2016-03-02 | 2016-03-21 | Interest (BIL) | 33.33% | $1.00 | $1.00 | -0.02% | Interest Income |
| 2016-03-02 | 2016-03-03 | Interest (BIL) | 33.33% | $1.00 | $1.00 | -0.02% | Interest Income |
| 2016-02-03 | 2016-03-01 | Interest (SHV) | 33.33% | $1.00 | $1.00 | -0.02% | Interest Income |
| 2016-02-02 | 2016-03-01 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.01% | Interest Income |
| 2015-11-02 | 2016-02-03 | Completed | 33.33% | $38.29 | $38.12 | -0.44% | Signal |
| 2015-11-03 | 2016-02-01 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.11% | Interest Income |
| 2015-10-15 | 2015-11-02 | Interest (SHV) | 33.33% | $1.00 | $1.00 | -0.07% | Interest Income |
| 2015-09-02 | 2015-11-02 | Interest (SHV) | 33.33% | $1.00 | $1.00 | -0.00% | Interest Income |
| 2013-09-20 | 2015-10-15 | Completed | 33.33% | $35.93 | $38.34 | 6.71% | Signal |
| 2015-08-04 | 2015-09-01 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income |
| 2015-07-16 | 2015-08-03 | Interest (SHV) | 33.33% | $1.00 | $1.00 | -0.02% | Interest Income |
| 2013-09-20 | 2015-07-16 | Completed | 33.33% | $35.93 | $37.92 | 5.54% | Signal |
| 2013-08-15 | 2013-09-20 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.09% | Interest Income |
| 2013-08-02 | 2013-09-20 | Interest (FLOT) | 33.33% | $1.00 | $1.00 | 0.13% | Interest Income |
| 2009-04-22 | 2013-08-15 | Completed | 33.33% | $27.10 | $35.72 | 31.83% | Signal |
| 2013-07-11 | 2013-08-01 | Interest (SHV) | 33.33% | $1.00 | $1.00 | -0.01% | Interest Income |
| 2011-04-20 | 2013-07-11 | Completed | 33.33% | $32.85 | $35.79 | 8.96% | Signal |
| 2011-04-04 | 2011-04-20 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.03% | Interest Income |
| 2011-03-02 | 2011-04-01 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income |
| 2011-01-31 | 2011-03-01 | Interest (SHV) | 33.33% | $1.00 | $1.00 | -0.00% | Interest Income |
| 2009-01-28 | 2011-01-31 | Completed | 33.33% | $27.54 | $32.54 | 18.17% | Signal |
| 2009-07-02 | 2009-09-10 | Interest (BIL) | 33.33% | $1.00 | $1.00 | -0.03% | Interest Income |
| 2009-06-02 | 2009-07-01 | Interest (SHV) | 33.33% | $1.00 | $1.00 | -0.03% | Interest Income |
| 2009-05-04 | 2009-06-01 | Interest (BIL) | 33.33% | $1.00 | $1.00 | -0.10% | Interest Income |
| 2009-04-22 | 2009-05-01 | Interest (SHV) | 33.33% | $1.00 | $1.00 | -0.03% | Interest Income |
| 2009-04-02 | 2009-04-22 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.05% | Interest Income |
| 2009-01-06 | 2009-04-22 | Completed | 33.33% | $27.22 | $27.10 | -0.48% | Signal |
| 2009-01-05 | 2009-04-01 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.18% | Interest Income |
| 2009-01-05 | 2009-01-28 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.13% | Interest Income |
| 2009-01-05 | 2009-01-06 | Interest (BIL) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income |
| 2009-01-02 | 2009-01-02 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income |
| 2009-01-02 | 2009-01-02 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income |
| 2009-01-02 | 2009-01-02 | Interest (SHV) | 33.33% | $1.00 | $1.00 | 0.00% | Interest Income |