AGGG.L vs. BNDX
Compare and contrast key facts about iShares Global Aggregate Bond UCITS Dist (AGGG.L) and Vanguard Total International Bond ETF (BNDX).
AGGG.L and BNDX 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. BNDX is a passively managed fund by Vanguard that tracks the performance of the Barclays Global Aggregate ex-USD Float-Adjusted Index (Hedged). It was launched on May 31, 2013. Both AGGG.L and BNDX 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 BNDX.
Key characteristics
| AGGG.L | BNDX | |
|---|---|---|
| YTD Return | -2.68% | -0.57% |
| 1Y Return | 1.12% | 5.02% |
| 3Y Return (Ann) | -5.49% | -1.69% |
| 5Y Return (Ann) | -1.39% | 0.07% |
| Sharpe Ratio | 0.12 | 0.93 |
| Daily Std Dev | 6.88% | 4.85% |
| Max Drawdown | -25.91% | -16.23% |
| Current Drawdown | -18.45% | -7.91% |
Correlation
The correlation between AGGG.L and BNDX is 0.53, 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. BNDX - Performance Comparison
In the year-to-date period, AGGG.L achieves a -2.68% return, which is significantly lower than BNDX's -0.57% 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. BNDX - Expense Ratio Comparison
AGGG.L has a 0.10% expense ratio, which is higher than BNDX's 0.07% 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. BNDX - 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 International Bond ETF (BNDX). 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. BNDX - Dividend Comparison
AGGG.L's dividend yield for the trailing twelve months is around 2.48%, less than BNDX's 4.66% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AGGG.L iShares Global Aggregate Bond UCITS Dist | 2.48% | 2.01% | 1.55% | 1.33% | 1.46% | 1.62% | 0.96% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
BNDX Vanguard Total International Bond ETF | 4.66% | 4.42% | 1.51% | 3.74% | 1.11% | 3.40% | 3.01% | 2.23% | 1.89% | 1.63% | 1.54% | 0.86% |
Drawdowns
AGGG.L vs. BNDX - Drawdown Comparison
The maximum AGGG.L drawdown since its inception was -25.91%, which is greater than BNDX's maximum drawdown of -16.23%. Use the drawdown chart below to compare losses from any high point for AGGG.L and BNDX. For additional features, visit the drawdowns tool.
Volatility
AGGG.L vs. BNDX - Volatility Comparison
iShares Global Aggregate Bond UCITS Dist (AGGG.L) has a higher volatility of 1.82% compared to Vanguard Total International Bond ETF (BNDX) at 1.18%. This indicates that AGGG.L's price experiences larger fluctuations and is considered to be riskier than BNDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.