ETF Evaluator:
VanEck IG Corporate ETF ()
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(as of Aug 26)
Best Performing in Corporate Bond Over the Last Year
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| 3.6% | Hilton BDC Corporate Bond ETF (HBDC) |
| 3.5% | iShares Invm Grd Crp Bd Buywrt Stgy ETF (LQDW) |
| 3.3% | State Street SPDR Port ItmtTermCorpBdETF (SPIB) |
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ETF Details
VanEck IG Corporate ETF Overview
VanEck IG Corporate ETF (MIG) is a passively managed Taxable Bond Corporate Bond exchange-traded fund (ETF). VanEck launched the ETF in 2020.
The investment seeks to track, as closely as possible, before fees and expenses, the price and yield performance of the MVIS® Moody's Analytics® US Investment Grade Corporate Bond Index.
The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The inndex is comprised of U.S. dollar-denominated corporate bonds issued in the U.S. domestic market that have an investment grade rating based on the bond's composite rating, which is an average of ratings from various rating agencies.
About VanEck IG Corporate ETF (MIG)
There are 1 members of the management team with an average tenure of 5.67 years: Francis Rodilosso (2020). Management tenure is more important for actively managed ETFs than passive index ETFs.
The ETF has 2 primary benchmarks: ICE BofA US Broad Market TR USD index with a weighting of 100% and MVIS Moody US IG Corp TR USD index with a weighting of 100%. VanEck IG Corporate ETF has 366 securities in its portfolio. The top 10 holdings constitute 9.8% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
VanEck IG Corporate ETF is part of the Fixed Income global asset class and is within the Taxable Bond ETF group. VanEck IG Corporate ETF has 22.7% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 0.0% There is 0.0% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 99.5% (76.8% domestic bond, 22.7% foreign bond and 0.0% convertible bond). VanEck IG Corporate ETF has 0.5% of the portfolio in cash.
Assets Under Management
The fund has $19 million in total assets, which is below the $3 billion average for the Corporate Bond category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
MIG Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The VanEck IG Corporate ETF expense ratio is below average compared to funds in the Corporate Bond category. VanEck IG Corporate ETF has an expense ratio of 0.20%, which is 19% lower than its category average, making the fund expense ratio grade a C. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. VanEck IG Corporate ETF has a portfolio turnover rate of 54%, which indicates that it holds its assets around / 0.0 years. By way of comparison, the average portfolio turnover is 58% for the Corporate Bond category.
Recently, in the month of July 2026, VanEck IG Corporate ETF returned -1.6%, which earned it a grade of C, as the Corporate Bond category had an average return of -1.4%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
VanEck IG Corporate ETF has a trailing yield of 4.77%, which is below the 5.07% category average.
The fund normally distributes its income monthly.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
VanEck IG Corporate ETF Grades
Year to date, the ETF has returned -0.9%, 0.3 percentage points worse than the category, which translates into a grade of D. The fund has returned 2.1% over the past year (grade of F), 4.9% over the past three years (grade of B) and 0.2% per year over the past five years (grade of C).
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MIG Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| MIG Return (NAV) | -1.6% | -0.9% | 2.1% | 4.9% | 0.2% | na |
| MIG Return (Price) | -1.7% | -0.8% | 2.2% | 4.9% | 0.2% | na |
| NAV +/- Price Return | 0.129% | -0.119% | -0.110% | -0.025% | 0.003% | na |
| Corporate Bond Avg | -1.4% | -0.6% | 2.6% | 4.8% | 0.1% | 2.3% |
| MIG Grade (NAV) | C | D | F | B | C | na |
| +/- Category (NAV) | -0.2% | -0.2% | -0.6% | 0.2% | 0.1% | na |
| MIG Tax-Cost Ratio | na | na | 1.9% | 1.9% | 1.6% | na |
MIG Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| MIG Return (NAV) | -0.9% | 7.3% | 3.4% | 9.0% | -14.5% | 0.1% | na | na | na | na | na |
| MIG Return (Price) | -0.8% | 7.3% | 3.4% | 8.9% | -14.5% | -0.0% | na | na | na | na | na |
| NAV +/- Price Ret | -0.074% | -0.001% | -0.002% | -0.015% | 0.000% | -1.403% | na | na | na | na | na |
| Corporate Bond Avg | -0.6% | 7.8% | 2.8% | 8.3% | -14.8% | -0.9% | 9.6% | 13.5% | -2.0% | 5.2% | 5.0% |
| MIG Grade (NAV) | D | F | B | B | B | A | na | na | na | na | na |
| +/- Category | -0.3% | -0.5% | 0.5% | 0.7% | 0.3% | 0.9% | na | na | na | na | na |
| Risk Measures | |
| Beta: | 1.03 |
| R-Squared: | 96% |
| Standard Deviation: | 5.9% |
| Category Risk Index: | 1.01 |
| Category Risk Rating: | Below Average |
| Total Risk Index: | 0.48 |
| Total Risk Rating: | Low |
| Portfolio Characteristics | |
| Yield: | 4.8% |
| Total Assets: | $ 19 Mil |
| Share Class Assets: | $ 19 Mil |
| Turnover: | 54.0% |
| Expense Ratio: | 0.20% |
| Index Fund: | Yes |
| Index Tracked: | ICE BofA US Broad Market TR USD |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | |
| Income Distribution Frequency: | Monthly |
Management Team
| Number of Managers: 1 | |||
| Longest Tenure: 5.7 years | |||
| Average Tenure: 5.7 years | |||
| Managers (Year): Rodilosso Francis (2020) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 366 |
| % in Top 10 Holdings: | 9.8% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 22.7% |
Portfolio Allocation |
|
| Domestic Stock: | 0.0% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 76.8% |
| Foreign Bond: | 22.7% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 0.5% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | VanEck |
| Phone Number: | 800-826-2333 |
| Website: | www.marketvectorsetfs.com |
| Inception Date: | December 1, 2020 |
Expenses and Fees
| Expense Ratio (%): | 0.20% (Rating: Below Avg) |
| Category Average Expense Ratio (%): | 0.25% |
