ICOR vs RCB: Which ETF Is Better?
A side-by-side comparison of fees, size, returns and holdings, using data to 30 September 2026.
ICOR comes out ahead on 5 of 8 measures. Which matters most depends on you.
The short answer
Worth about $9,051 on $100,000 over 20 years.
Bigger funds usually trade more cheaply and are less likely to close.
A tighter gap between the buy and sell price.
ICOR vs RCB side by side
| ICOR leads on 5, RCB on 3 | ICORiShares Core Corporate Bond ETF | RCBRussell Investments Australian Select Corporate Bond ETF |
|---|---|---|
| The basics | ||
| Index tracked | See the PDS | See the PDS |
| Fund manager | iShares | Russell Investments |
| Asset class | Australian bonds | Australian bonds |
| Listed | May 2020 | Mar 2012 |
| Cost and size | ||
| MERyearly fee, lower is better | 0.15%✓ | 0.28% |
| AUMfund size | $525m✓ | $364m |
| Net flows (Sep)new money in, last month | $13m✓ | $2.9m |
| Bid/ask spreadtrading cost, lower is better | 0.05%✓ | 0.12% |
| Total returns | ||
| 1 month | −0.6% | −0.4%✓ |
| 1 year | +1.0% | +1.0% |
| 3 years p.a. | +4.6%✓ | +3.9% |
| 5 years p.a. | +1.4% | +1.8%✓ |
| $10,000 invested | ||
| 1 year ago | $10,104 | $10,101 |
| 5 years ago | $10,724 | $10,926✓ |
✓ marks the better figure on each measure. Returns include distributions, to 30 September 2026.
ICOR vs RCB price chart
Both ETFs on one chart as % change. Use the 1D to All buttons to change the period. Price only, so it leaves out distributions · TradingView
What $10,000 invested is worth now
$10,000 put into ICOR 5 years ago is worth $10,724 today, against $10,926 in RCB. That is $202 more in RCB.
Total returns to 30 September 2026, with distributions reinvested, before tax and brokerage. The price chart above leaves out distributions, so it can look worse. Past performance is not a reliable indicator of future performance.
What the fees cost you
ICOR's lower fee leaves about $9,051 more in your pocket over 20 years.
Total fees paid on a $100,000 investment, assuming a 7% a year return before fees. Illustration only: it ignores tax, brokerage and differences in returns.
ICOR and RCB overlap
1 companies appear in both funds. Overlap is the share of the portfolio that is the same in both, counting the smaller weight of each shared company.
| Biggest shared holdings | % of ICOR | % of RCB |
|---|---|---|
| 100.00% | 100.00% |
Add more ETFs and see the overlap in Compare ETFs →
Best-endeavours estimate. Built from each issuer's published holdings, which may be weeks or months old, may cover only part of a fund (some publish only their top 10) and are matched by company name. Figures may be incomplete or inaccurate. Check the issuer's website and PDS before relying on them. General information only.
Get the full ICOR vs RCB report
- Every holding of each ETF: the top 50 companies, with sectors and countries
- Exactly which companies they share, and how much of each
- Fees in dollars over 10, 20 and 30 years
- Every metric side by side, including the index each tracks
- ★ FREE BONUSIs now a good time to invest? The Market Health-O-Meter
FAQs
Which is better, ICOR or RCB?
It depends on what you need. On our numbers ICOR wins on 5 measures and RCB on 3. ICOR is cheaper, with a management fee of 0.15% vs 0.28%. On $100,000 over 20 years that difference is worth about $9,051. ICOR is the larger fund at $525m vs $364m. ICOR has the better 3-year return: +4.6% a year vs +3.9%.
Which is cheaper, ICOR or RCB?
ICOR charges 0.15% a year and RCB charges 0.28% a year.
Can I hold both ICOR and RCB?
You can, but check how much they overlap. ICOR is a Australian bonds fund and RCB is a Australian bonds fund.
More comparisons
General information only, not a recommendation. Past performance is not a reliable indicator of future performance.