AGG vs. IGOV
Compare and contrast key facts about iShares Core U.S. Aggregate Bond ETF (AGG) and iShares International Treasury Bond ETF (IGOV).
AGG and IGOV are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AGG is a passively managed fund by iShares that tracks the performance of the Barclays Capital U.S. Aggregate Bond Index. It was launched on Sep 22, 2003. IGOV is a passively managed fund by iShares that tracks the performance of the S&P/Citigroup International Treasury Bond Index Ex-US. It was launched on Jan 21, 2009. Both AGG and IGOV are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AGG or IGOV.
Key characteristics
| AGG | IGOV | |
|---|---|---|
| YTD Return | 1.78% | -4.98% |
| 1Y Return | 6.87% | 2.08% |
| 3Y Return (Ann) | -2.07% | -7.91% |
| 5Y Return (Ann) | -0.18% | -4.59% |
| 10Y Return (Ann) | 1.45% | -1.92% |
| Sharpe Ratio | 1.29 | 0.28 |
| Sortino Ratio | 1.88 | 0.45 |
| Omega Ratio | 1.23 | 1.05 |
| Calmar Ratio | 0.52 | 0.08 |
| Martin Ratio | 4.35 | 0.52 |
| Ulcer Index | 1.71% | 4.76% |
| Daily Std Dev | 5.79% | 8.88% |
| Max Drawdown | -18.43% | -35.88% |
| Current Drawdown | -8.52% | -29.42% |
Correlation
The correlation between AGG and IGOV is 0.45, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
AGG vs. IGOV - Performance Comparison
In the year-to-date period, AGG achieves a 1.78% return, which is significantly higher than IGOV's -4.98% return. Over the past 10 years, AGG has outperformed IGOV with an annualized return of 1.45%, while IGOV has yielded a comparatively lower -1.92% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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AGG vs. IGOV - Expense Ratio Comparison
AGG has a 0.05% expense ratio, which is lower than IGOV's 0.35% expense ratio.
Risk-Adjusted Performance
AGG vs. IGOV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Core U.S. Aggregate Bond ETF (AGG) and iShares International Treasury Bond ETF (IGOV). 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.
Dividends
AGG vs. IGOV - Dividend Comparison
AGG's dividend yield for the trailing twelve months is around 3.64%, while IGOV has not paid dividends to shareholders.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AGG iShares Core U.S. Aggregate Bond ETF | 3.64% | 3.13% | 2.39% | 1.77% | 2.14% | 2.70% | 2.96% | 2.32% | 2.39% | 2.45% | 2.40% | 2.32% |
IGOV iShares International Treasury Bond ETF | 0.00% | 0.00% | 0.11% | 0.39% | 0.00% | 0.24% | 0.31% | 0.19% | 0.69% | 0.22% | 1.28% | 1.32% |
Drawdowns
AGG vs. IGOV - Drawdown Comparison
The maximum AGG drawdown since its inception was -18.43%, smaller than the maximum IGOV drawdown of -35.88%. Use the drawdown chart below to compare losses from any high point for AGG and IGOV. For additional features, visit the drawdowns tool.
Volatility
AGG vs. IGOV - Volatility Comparison
The current volatility for iShares Core U.S. Aggregate Bond ETF (AGG) is 1.64%, while iShares International Treasury Bond ETF (IGOV) has a volatility of 3.26%. This indicates that AGG experiences smaller price fluctuations and is considered to be less risky than IGOV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.