AGG vs. CPAG
AGG (iShares Core U.S. Aggregate Bond ETF) and CPAG (F/m Compoundr U.S. Aggregate Bond ETF) are both Total Bond Market funds - AGG tracks the Bloomberg U.S. Aggregate Bond Index while CPAG tracks the Nasdaq Compoundr U.S. Aggregate Bond Index. Both are passively managed. With a 0.99 correlation, they move nearly in lockstep. AGG charges 0.03%/yr vs 0.31%/yr for CPAG.
Performance
AGG vs. CPAG - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, AGG achieves a 0.25% return, which is significantly higher than CPAG's -0.02% return.
AGG
- 1D
- -0.21%
- 1M
- 0.24%
- YTD
- 0.25%
- 6M
- 0.09%
- 1Y
- 5.14%
- 3Y*
- 3.95%
- 5Y*
- 0.10%
- 10Y*
- 1.57%
CPAG
- 1D
- -0.21%
- 1M
- 0.14%
- YTD
- -0.02%
- 6M
- -0.26%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AGG vs. CPAG - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
AGG iShares Core U.S. Aggregate Bond ETF | 0.25% | 2.54% |
CPAG F/m Compoundr U.S. Aggregate Bond ETF | -0.02% | 2.22% |
Correlation
The correlation between AGG and CPAG is 0.99 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Aug 13, 2025 | 0.99 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
AGG vs. CPAG — Risk / Return Rank
AGG
CPAG
AGG vs. CPAG - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core U.S. Aggregate Bond ETF (AGG) and F/m Compoundr U.S. Aggregate Bond ETF (CPAG). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| AGG | CPAG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | 1.24 | — | — |
| Calmar ratioReturn relative to maximum drawdown | 1.87 | — | — |
| Martin ratioReturn relative to average drawdown | 5.73 | — | — |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Loading charts...
Sharpe Ratios by Period
| AGG | CPAG | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 1.34 | — | — |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.02 | — | — |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.29 | — | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.59 | 0.75 | -0.16 |
Drawdowns
AGG vs. CPAG - Drawdown Comparison
The maximum AGG drawdown since its inception was -18.43%, which is greater than CPAG's maximum drawdown of -2.78%. Use the drawdown chart below to compare losses from any high point for AGG and CPAG.
Loading charts...
Drawdown Indicators
| AGG | CPAG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -18.43% | -2.78% | -15.65% |
Max Drawdown (1Y)Largest decline over 1 year | -2.76% | — | — |
Max Drawdown (3Y)Largest decline over 3 years | -6.11% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -17.82% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -18.43% | — | — |
Current DrawdownCurrent decline from peak | -2.14% | -1.68% | -0.46% |
Average DrawdownAverage peak-to-trough decline | -2.71% | -0.74% | -1.97% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.90% | — | — |
Volatility
AGG vs. CPAG - Volatility Comparison
Loading charts...
Volatility by Period
| AGG | CPAG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.30% | — | — |
Volatility (6M)Calculated over the trailing 6-month period | 2.74% | — | — |
Volatility (1Y)Calculated over the trailing 1-year period | 3.85% | 3.67% | +0.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 6.09% | 3.67% | +2.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 5.40% | 3.67% | +1.73% |
AGG vs. CPAG - Expense Ratio Comparison
AGG has a 0.03% expense ratio, which is lower than CPAG's 0.31% expense ratio.
Dividends
AGG vs. CPAG - Dividend Comparison
AGG's dividend yield for the trailing twelve months is around 3.99%, while CPAG has not paid dividends to shareholders.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AGG iShares Core U.S. Aggregate Bond ETF | 3.99% | 3.89% | 3.74% | 3.13% | 2.39% | 1.77% | 2.14% | 2.70% | 2.72% | 2.32% | 2.39% | 2.45% |
CPAG F/m Compoundr U.S. Aggregate Bond ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
With a correlation of 0.99, AGG and CPAG move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, AGG is cheaper at 0.03% per year. The better choice depends on whether you care most about return, fees, risk, or income.
AGG is cheaper with a 0.03% expense ratio, compared with 0.31% for CPAG.
AGG has the higher dividend yield at 3.99%, compared with 0.00% for CPAG.
AGG tracks Bloomberg U.S. Aggregate Bond Index, while CPAG tracks Nasdaq Compoundr U.S. Aggregate Bond Index. They also come from different issuers: iShares and F/m Investments. Their fees differ too: 0.03% for AGG and 0.31% for CPAG.
Find the right allocation for AGG and CPAG
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer