The Better Buy? Why IGSB and SMB Serve Different Purposes

IGSB and SMB are both short-duration bond ETFs serving different investor needs. IGSB focuses on investment-grade corporate bonds with higher yield (4.7%) and better 5-year returns (14%), while SMB targets tax-exempt municipal bonds with tax advantages. IGSB has lower costs (0.04% expense ratio) and larger assets under management ($23.5B), making it attractive for income-focused investors, whereas SMB appeals to those seeking tax efficiency.