CORP ETF — Holdings & Analysis

CORP is the PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund. It seeks to replicate the performance of the BofA Merrill Lynch US Corporate IndexSM, which represents the U.S. dollar-denominated investment-grade corporate bond market. The fund provides investors with exposure to a broad range of corporate bonds, offering diversification within this asset class. As of 2026-03-15, CORP has $1.51 billion in assets under management and holds over 1428 different bonds. The fund's objective is to closely match the total return of its benchmark index before fees and expenses.

The expense ratio for CORP is 0.41%. This means that for every $10,000 invested in the fund, $41 is deducted annually to cover operating expenses. While this is a cost to consider, it is important to weigh it against the potential benefits of the fund's diversification and investment strategy. The category average expense ratio for similar fixed-income ETFs is 0.44%, making CORP slightly lower than the average.

While specific bond holdings fluctuate, the fund's composition is largely determined by the BofA Merrill Lynch US Corporate IndexSM. As a passively managed fund, CORP does not disclose specific top holdings in the same way as actively managed funds. Instead, it seeks to replicate the index's composition across over 1428 bonds. The fund's country exposure is primarily to the United States (84.3%), followed by the United Kingdom (4.8%), Japan (2.8%), Canada (2.6%), and France (2.0%).

Whether CORP is a suitable long-term investment depends on an individual's investment goals, risk tolerance, and time horizon. CORP offers exposure to investment-grade corporate bonds, which can provide a steady stream of income and diversification benefits. However, investors should be aware of the fund's expense ratio of 0.41% and its sensitivity to interest rate changes. The fund's beta of 1.05 suggests it has similar volatility to the market. Past performance does not guarantee future results.

CORP competes with other ETFs that track investment-grade corporate bonds. Key differentiators include its expense ratio of 0.41% and its AUM of $1.51 billion. Some competing ETFs may have lower expense ratios, while others may focus on different segments of the corporate bond market, such as short-term or high-yield bonds. Investors should compare CORP's performance, expense ratio, and investment strategy to those of other similar ETFs to determine which best aligns with their needs.

As of 2026-03-15, CORP has a dividend yield of 0.00%. This indicates that the fund is not currently distributing income to shareholders in the form of dividends. Investors seeking income from their investments may want to consider other fixed-income ETFs with a higher dividend yield. It's important to note that dividend yields can fluctuate over time based on market conditions and the fund's underlying holdings.