AGGH vs. LQDW
Compare and contrast key facts about Simplify Aggregate Bond ETF (AGGH) and iShares Investment Grade Corporate Bond Buywrite Strategy ETF (LQDW).
AGGH and LQDW are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AGGH is an actively managed fund by Simplify. It was launched on Feb 14, 2022. LQDW is a passively managed fund by iShares that tracks the performance of the CBOE LQD BuyWrite Index. It was launched on Aug 18, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AGGH or LQDW.
Key characteristics
| AGGH | LQDW | |
|---|---|---|
| YTD Return | 5.94% | 5.19% |
| 1Y Return | 10.78% | 3.92% |
| Sharpe Ratio | 1.10 | 0.73 |
| Daily Std Dev | 9.58% | 5.08% |
| Max Drawdown | -13.26% | -9.20% |
| Current Drawdown | -0.54% | -0.00% |
Correlation
The correlation between AGGH and LQDW 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
AGGH vs. LQDW - Performance Comparison
In the year-to-date period, AGGH achieves a 5.94% return, which is significantly higher than LQDW's 5.19% 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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AGGH vs. LQDW - Expense Ratio Comparison
AGGH has a 0.33% expense ratio, which is lower than LQDW's 0.34% expense ratio.
Risk-Adjusted Performance
AGGH vs. LQDW - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Simplify Aggregate Bond ETF (AGGH) and iShares Investment Grade Corporate Bond Buywrite Strategy ETF (LQDW). 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
AGGH vs. LQDW - Dividend Comparison
AGGH's dividend yield for the trailing twelve months is around 9.85%, less than LQDW's 16.66% yield.
| TTM | 2023 | 2022 | |
|---|---|---|---|
AGGH Simplify Aggregate Bond ETF | 9.85% | 9.51% | 2.11% |
LQDW iShares Investment Grade Corporate Bond Buywrite Strategy ETF | 16.66% | 19.28% | 8.85% |
Drawdowns
AGGH vs. LQDW - Drawdown Comparison
The maximum AGGH drawdown since its inception was -13.26%, which is greater than LQDW's maximum drawdown of -9.20%. Use the drawdown chart below to compare losses from any high point for AGGH and LQDW. For additional features, visit the drawdowns tool.
Volatility
AGGH vs. LQDW - Volatility Comparison
Simplify Aggregate Bond ETF (AGGH) has a higher volatility of 4.70% compared to iShares Investment Grade Corporate Bond Buywrite Strategy ETF (LQDW) at 0.54%. This indicates that AGGH's price experiences larger fluctuations and is considered to be riskier than LQDW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.