Royal Bank of Canada vs iShares Broad USD Investment Grade Corporate Bond — how do they compare? Royal Bank of Canada trades at $210.37 (market cap $289.51B), while iShares Broad USD Investment Grade Corporate Bond trades at $50.51. The key difference: Royal Bank of Canada pays a 2.42% dividend while iShares Broad USD Investment Grade Corporate Bond pays none, and Royal Bank of Canada is trading nearer its 52-week high, iShares Broad USD Investment Grade Corporate Bond nearer its low. Which is the better fit depends on your goals.
| RY | USIG | |
|---|---|---|
Market Cap | $289.51B | — |
Sector | Financials | Fixed Income |
52-Week High | $217.87 | $52.69 |
52-Week Low | $128.46 | $50.50 |
Dividend Yield | 2.42% | — |
Trailing returns across standard periods
Royal Bank of Canada is one of the two largest banks in Canada. It is a diversified financial services company, offering personal and commercial banking, wealth-management services, insurance, corporate banking, and capital markets services. The bank is concentrated in Canada, with additional operations in the U.S. and other countries.
Read more on RY →USIG is a low-cost ETF providing broad exposure to over 11,000 U.S. investment-grade corporate bonds. It tracks the ICE BofA US Corporate Index, featuring high-quality debt from 2026 leaders like Citigroup, Bank of America, and Oracle.
Read more on USIG →