IGSB vs OVT
iShares 1-5 Year Investment Grade Corporate Bond ETF compared with Overlay Shares Short Term Bond ETF on yield, payout growth, payment schedule, cost and risk.
IGSB
iShares 1-5 Year Investment Grade Corporate Bond ETF
TTM yield · Monthly
OVT
Overlay Shares Short Term Bond ETF
TTM yield · Monthly
Quick take
- OVT yields more today: 6.57% vs 4.67% (forward).
- Both pay every month.
- Over the last year OVT delivered the higher total return: +2.3% vs +1.6% (price change plus payouts).
- IGSB is cheaper to own: 0.04% vs 0.79% expense ratio.
- IGSB has the steadier distribution: consistency 99/100 vs 32/100.
Generated from the latest data on both pages. Not a recommendation.
Side by side
| Metric | IGSB | OVT |
|---|---|---|
| Share price | $51.47 | $21.35 |
| TTM yield | 4.67% | 7.23% |
| Forward yield | 4.67% | 6.57% |
| Annual payout per share | $2.405 | $1.4027 |
| Payment frequency | Monthly | Monthly |
| Next ex-date | Oct 31, 2026 (est.) | Oct 29, 2026 (est.) |
| Expense ratio | 0.04% | 0.79% |
| 1-year payout growth | — | — |
| 5-year payout CAGR | — | — |
| Consecutive years of increases | — | — |
| Payout consistency (last 12) | 99/100 | 32/100 |
| 1-year total return | +1.6% | +2.3% |
| 1-year price return | -2.9% | -4.6% |
| Size (market cap / AUM) | 23.4B | 60.1M |
| Years paying | 19.7 | 5.5 |
| Sector / category | Short-Term Bond | Short-Term Bond |
✓ marks the more favourable figure where one exists (higher yield, growth, streak, consistency, return and size; lower cost, payout ratio and risk).
$10,000 invested today
| IGSB | OVT | |
|---|---|---|
| Shares | 194.3 | 468.4 |
| Income per year | $467 | $657 |
| Income per month (avg) | $39 | $55 |
At forward yields, before taxes. Model IGSB · Model OVT
Next payments
| Ex-date | Pay date | Per share | Status |
|---|---|---|---|
| IGSB Oct 31, 2026 | Nov 3, 2026 | $0.2004 | Est. |
| IGSB Nov 30, 2026 | Dec 3, 2026 | $0.2004 | Est. |
| IGSB Dec 30, 2026 | Jan 2, 2027 | $0.2004 | Est. |
| OVT Oct 29, 2026 | Nov 12, 2026 | $0.1169 | Est. |
| OVT Nov 28, 2026 | Dec 12, 2026 | $0.1169 | Est. |
| OVT Dec 28, 2026 | Jan 11, 2027 | $0.1169 | Est. |
Annual payouts per share
IGSBOVT
Regular payments only; the current year is year to date. Per-share amounts are not directly comparable when share prices differ, so read this chart for growth trends.
FAQ
Which has the higher dividend yield, IGSB or OVT?
OVT currently has the higher trailing yield: IGSB yields 4.67% and OVT yields 7.23%. Yield changes daily with price, so check the live figures above.
How often do IGSB and OVT pay?
IGSB pays every month and OVT pays every month. IGSB's next ex-date is Oct 31, 2026 and OVT's is Oct 29, 2026.
Is IGSB or OVT better for income?
It depends on what you are optimising for. IGSB and OVT differ in yield, growth, payment schedule and risk profile; the table above puts every metric side by side so you can weigh them for your own goals. This page is data, not advice.