Madison Aggregate Bond ETF (MAGG)
MAGG is an actively managed ETF by Madison. MAGG launched on Aug 28, 2023 and has a 0.40% expense ratio.
ETF Info
| Issuer | Madison |
|---|---|
| Inception Date | Aug 28, 2023 |
| Category | Intermediate Core Bond |
| Leveraged | 1x |
| Index Tracked | No Index (Active) |
| Asset Class | Bond |
Expense Ratio
MAGG features an expense ratio of 0.40%, falling within the medium range.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Madison Aggregate Bond ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Madison Aggregate Bond ETF had a return of 5.21% year-to-date (YTD) and 10.47% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 5.21% | 18.13% |
| 1 month | 2.06% | 1.45% |
| 6 months | 6.80% | 8.81% |
| 1 year | 10.47% | 26.52% |
| 5 years (annualized) | N/A | 13.43% |
| 10 years (annualized) | N/A | 10.88% |
Monthly Returns
The table below presents the monthly returns of MAGG, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.30% | -1.16% | 0.70% | -2.08% | 1.67% | 0.98% | 2.04% | 1.60% | 5.21% | ||||
| 2023 | 0.21% | -2.27% | -1.30% | 4.30% | 3.58% | 4.42% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of MAGG is 77, placing it in the top 23% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Madison Aggregate Bond ETF (MAGG) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Madison Aggregate Bond ETF granted a 4.53% dividend yield in the last twelve months. The annual payout for that period amounted to $0.96 per share.
| Period | TTM | 2023 |
|---|---|---|
| Dividend | $0.96 | $0.31 |
Dividend yield | 4.53% | 1.49% |
Monthly Dividends
The table displays the monthly dividend distributions for Madison Aggregate Bond ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.07 | $0.08 | $0.09 | $0.08 | $0.10 | $0.08 | $0.07 | $0.09 | $0.00 | $0.65 | |||
| 2023 | $0.03 | $0.09 | $0.09 | $0.11 | $0.31 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Madison Aggregate Bond ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Madison Aggregate Bond ETF was 4.26%, occurring on Oct 19, 2023. Recovery took 24 trading sessions.
The current Madison Aggregate Bond ETF drawdown is 0.07%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -4.26% | Sep 1, 2023 | 34 | Oct 19, 2023 | 24 | Nov 22, 2023 | 58 |
| -3.31% | Dec 28, 2023 | 75 | Apr 16, 2024 | 41 | Jun 13, 2024 | 116 |
| -1.2% | Jun 17, 2024 | 10 | Jul 1, 2024 | 6 | Jul 10, 2024 | 16 |
| -0.72% | Aug 6, 2024 | 3 | Aug 8, 2024 | 4 | Aug 14, 2024 | 7 |
| -0.63% | Jul 17, 2024 | 6 | Jul 24, 2024 | 4 | Jul 30, 2024 | 10 |
Volatility
Volatility Chart
The current Madison Aggregate Bond ETF volatility is 0.87%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.