AGGG.L vs. BNDW
Compare and contrast key facts about iShares Global Aggregate Bond UCITS Dist (AGGG.L) and Vanguard Total World Bond ETF (BNDW).
AGGG.L and BNDW are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AGGG.L is a passively managed fund by iShares that tracks the performance of the Bloomberg Global Aggregate TR USD. It was launched on Nov 21, 2017. BNDW is a passively managed fund by Vanguard that tracks the performance of the Bloomberg Barclays Global Aggregate Float Adjusted TR Index. It was launched on Sep 4, 2018. Both AGGG.L and BNDW 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: AGGG.L or BNDW.
Key characteristics
| AGGG.L | BNDW | |
|---|---|---|
| YTD Return | -2.68% | -0.91% |
| 1Y Return | 1.12% | 3.48% |
| 3Y Return (Ann) | -5.49% | -2.24% |
| 5Y Return (Ann) | -1.39% | 0.13% |
| Sharpe Ratio | 0.12 | 0.55 |
| Daily Std Dev | 6.88% | 5.53% |
| Max Drawdown | -25.91% | -17.21% |
| Current Drawdown | -18.45% | -9.41% |
Correlation
The correlation between AGGG.L and BNDW is 0.59, 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
AGGG.L vs. BNDW - Performance Comparison
In the year-to-date period, AGGG.L achieves a -2.68% return, which is significantly lower than BNDW's -0.91% 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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AGGG.L vs. BNDW - Expense Ratio Comparison
AGGG.L has a 0.10% expense ratio, which is higher than BNDW's 0.06% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.
Risk-Adjusted Performance
AGGG.L vs. BNDW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Aggregate Bond UCITS Dist (AGGG.L) and Vanguard Total World Bond ETF (BNDW). 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
AGGG.L vs. BNDW - Dividend Comparison
AGGG.L's dividend yield for the trailing twelve months is around 2.48%, less than BNDW's 3.99% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | |
|---|---|---|---|---|---|---|---|
AGGG.L iShares Global Aggregate Bond UCITS Dist | 2.48% | 2.01% | 1.55% | 1.33% | 1.46% | 1.62% | 0.96% |
BNDW Vanguard Total World Bond ETF | 3.99% | 3.73% | 2.02% | 2.58% | 1.56% | 3.05% | 1.66% |
Drawdowns
AGGG.L vs. BNDW - Drawdown Comparison
The maximum AGGG.L drawdown since its inception was -25.91%, which is greater than BNDW's maximum drawdown of -17.21%. Use the drawdown chart below to compare losses from any high point for AGGG.L and BNDW. For additional features, visit the drawdowns tool.
Volatility
AGGG.L vs. BNDW - Volatility Comparison
iShares Global Aggregate Bond UCITS Dist (AGGG.L) has a higher volatility of 1.82% compared to Vanguard Total World Bond ETF (BNDW) at 1.20%. This indicates that AGGG.L's price experiences larger fluctuations and is considered to be riskier than BNDW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.