AGGG.L vs. CEMB
Compare and contrast key facts about iShares Global Aggregate Bond UCITS Dist (AGGG.L) and iShares J.P. Morgan EM Corporate Bond ETF (CEMB).
AGGG.L and CEMB 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. CEMB is a passively managed fund by iShares that tracks the performance of the JP Morgan CEMBI Broad Diversified. It was launched on Apr 17, 2012. Both AGGG.L and CEMB 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 CEMB.
Key characteristics
| AGGG.L | CEMB | |
|---|---|---|
| YTD Return | -2.37% | 1.89% |
| 1Y Return | 0.63% | 7.63% |
| 3Y Return (Ann) | -5.35% | -1.12% |
| 5Y Return (Ann) | -1.33% | 1.87% |
| Sharpe Ratio | 0.21 | 1.57 |
| Daily Std Dev | 6.87% | 4.89% |
| Max Drawdown | -25.91% | -20.84% |
| Current Drawdown | -18.18% | -5.28% |
Correlation
The correlation between AGGG.L and CEMB is 0.33, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
AGGG.L vs. CEMB - Performance Comparison
In the year-to-date period, AGGG.L achieves a -2.37% return, which is significantly lower than CEMB's 1.89% 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. CEMB - Expense Ratio Comparison
AGGG.L has a 0.10% expense ratio, which is lower than CEMB's 0.50% expense ratio.
Risk-Adjusted Performance
AGGG.L vs. CEMB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Global Aggregate Bond UCITS Dist (AGGG.L) and iShares J.P. Morgan EM Corporate Bond ETF (CEMB). 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. CEMB - Dividend Comparison
AGGG.L's dividend yield for the trailing twelve months is around 2.47%, less than CEMB's 4.97% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AGGG.L iShares Global Aggregate Bond UCITS Dist | 2.47% | 2.01% | 1.55% | 1.33% | 1.46% | 1.62% | 0.96% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
CEMB iShares J.P. Morgan EM Corporate Bond ETF | 4.97% | 4.77% | 4.29% | 3.51% | 3.86% | 4.19% | 4.66% | 4.06% | 4.26% | 4.76% | 4.23% | 3.93% |
Drawdowns
AGGG.L vs. CEMB - Drawdown Comparison
The maximum AGGG.L drawdown since its inception was -25.91%, which is greater than CEMB's maximum drawdown of -20.84%. Use the drawdown chart below to compare losses from any high point for AGGG.L and CEMB. For additional features, visit the drawdowns tool.
Volatility
AGGG.L vs. CEMB - Volatility Comparison
iShares Global Aggregate Bond UCITS Dist (AGGG.L) has a higher volatility of 1.77% compared to iShares J.P. Morgan EM Corporate Bond ETF (CEMB) at 1.06%. This indicates that AGGG.L's price experiences larger fluctuations and is considered to be riskier than CEMB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.