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AGG vs. PG
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

AGG vs. PG - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Core U.S. Aggregate Bond ETF (AGG) and The Procter & Gamble Company (PG). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, AGG achieves a -0.08% return, which is significantly lower than PG's 2.74% return. Over the past 10 years, AGG has underperformed PG with an annualized return of 1.52%, while PG has yielded a comparatively higher 8.64% annualized return.


AGG

1D
0.00%
1M
-0.69%
YTD
-0.08%
6M
0.26%
1Y
4.97%
3Y*
3.88%
5Y*
-0.03%
10Y*
1.52%

PG

1D
-0.98%
1M
-0.90%
YTD
2.74%
6M
6.43%
1Y
-8.99%
3Y*
2.29%
5Y*
4.10%
10Y*
8.64%
*Multi-year figures are annualized to reflect compound growth (CAGR)

AGG vs. PG - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
AGG
iShares Core U.S. Aggregate Bond ETF
-0.08%7.19%1.31%5.65%-13.02%-1.77%7.48%8.46%0.09%3.55%
PG
The Procter & Gamble Company
2.74%-12.26%17.25%-0.86%-5.05%20.52%14.15%39.70%3.57%12.69%

Correlation

The correlation between AGG and PG is 0.29, which is low. Their price movements are largely independent, making them effective diversification partners.


Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.29

Correlation (3Y)
Calculated over the trailing 3-year period

0.21

Correlation (5Y)
Calculated over the trailing 5-year period

0.22

Correlation (10Y)
Calculated over the trailing 10-year period

0.16

Correlation (All Time)
Calculated using the full available price history since Sep 29, 2003

0.01

Over the past year, AGG and PG have become more correlated (0.29) than their long-term average of 0.01, meaning their price movements have been converging.

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Return for Risk

AGG vs. PG — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AGG
AGG Risk / Return Rank: 4040
Overall Rank
AGG Sharpe Ratio Rank: 4141
Sharpe Ratio Rank
AGG Sortino Ratio Rank: 4242
Sortino Ratio Rank
AGG Omega Ratio Rank: 3939
Omega Ratio Rank
AGG Calmar Ratio Rank: 4040
Calmar Ratio Rank
AGG Martin Ratio Rank: 3838
Martin Ratio Rank

PG
PG Risk / Return Rank: 2020
Overall Rank
PG Sharpe Ratio Rank: 2121
Sharpe Ratio Rank
PG Sortino Ratio Rank: 1919
Sortino Ratio Rank
PG Omega Ratio Rank: 2020
Omega Ratio Rank
PG Calmar Ratio Rank: 2121
Calmar Ratio Rank
PG Martin Ratio Rank: 2121
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AGG vs. PG - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Core U.S. Aggregate Bond ETF (AGG) and The Procter & Gamble Company (PG). 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.


AGGPGDifference
Sharpe ratioReturn per unit of total volatility

+1.80

Sortino ratioReturn per unit of downside risk

+2.52

Omega ratioGain probability vs. loss probability

1.23

0.94

+0.30

Calmar ratioReturn relative to maximum drawdown

1.81

-0.58

+2.39

Martin ratioReturn relative to average drawdown

5.44

-1.04

+6.47

AGG vs. PG - Sharpe Ratio Comparison

The current AGG Sharpe Ratio is 1.32, which is higher than the PG Sharpe Ratio of -0.48. The chart below compares the historical Sharpe Ratios of AGG and PG, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.


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Sharpe Ratios by Period


AGGPGDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.32

-0.48

+1.80

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.00

0.23

-0.24

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.28

0.46

-0.17

Sharpe Ratio (All Time)

Calculated using the full available price history

0.59

0.46

+0.13

Drawdowns

AGG vs. PG - Drawdown Comparison

The maximum AGG drawdown since its inception was -18.43%, smaller than the maximum PG drawdown of -54.25%. Use the drawdown chart below to compare losses from any high point for AGG and PG.


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Drawdown Indicators


AGGPGDifference

Max Drawdown

Largest peak-to-trough decline

-18.43%

-54.25%

+35.82%

Max Drawdown (1Y)

Largest decline over 1 year

-2.76%

-15.52%

+12.76%

Max Drawdown (3Y)

Largest decline over 3 years

-6.11%

-21.15%

+15.04%

Max Drawdown (5Y)

Largest decline over 5 years

-17.82%

-23.77%

+5.95%

Max Drawdown (10Y)

Largest decline over 10 years

-18.43%

-23.77%

+5.34%

Current Drawdown

Current decline from peak

-2.47%

-15.91%

+13.44%

Average Drawdown

Average peak-to-trough decline

-2.71%

-12.16%

+9.45%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.92%

8.93%

-8.01%

Volatility

AGG vs. PG - Volatility Comparison

The current volatility for iShares Core U.S. Aggregate Bond ETF (AGG) is 1.29%, while The Procter & Gamble Company (PG) has a volatility of 7.01%. This indicates that AGG experiences smaller price fluctuations and is considered to be less risky than PG based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


AGGPGDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.29%

7.01%

-5.72%

Volatility (6M)

Calculated over the trailing 6-month period

2.77%

15.32%

-12.55%

Volatility (1Y)

Calculated over the trailing 1-year period

3.80%

18.65%

-14.85%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

6.09%

17.79%

-11.70%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

5.41%

19.05%

-13.64%

Dividends

AGG vs. PG - Dividend Comparison

AGG's dividend yield for the trailing twelve months is around 4.00%, more than PG's 2.94% yield.


PositionTTM20252024202320222021202020192018201720162015
AGG
iShares Core U.S. Aggregate Bond ETF
4.00%3.89%3.74%3.13%2.39%1.77%2.14%2.70%2.72%2.32%2.39%2.45%
PG
The Procter & Gamble Company
2.94%2.91%2.36%2.55%2.38%2.08%2.24%2.37%3.09%2.98%3.18%3.31%

Frequently Asked Questions


AGG and PG have a correlation of 0.29, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

PG has higher volatility (7.01%) compared to AGG (1.29%). In terms of maximum drawdown, AGG dropped -18.43% vs PG's -54.25%.

AGG currently has the higher Sharpe Ratio (1.32 vs -0.48), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.

Portfolio Optimizer

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