AGGY vs. FUMBX

Last updated Jun 26, 2026

AGGY (WisdomTree Yield Enhanced U.S. Aggregate Bond Fund) and FUMBX (Fidelity Short-Term Treasury Bond Index Fund) are both funds - AGGY is a Intermediate Core Bond fund tracking the Bloomberg US Aggregate Yield Enhanced, while FUMBX is a Short-Term Bond fund tracking the Bloomberg U.S. 1-5 Year Treasury Bond Index. Both are passively managed. Over the past 5 years, AGGY returned 0.19%/yr vs 1.37%/yr for FUMBX. A 0.72 correlation means they provide meaningful diversification when combined. AGGY charges 0.12%/yr vs 0.03%/yr for FUMBX.

Performance

AGGY vs. FUMBX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Yield Enhanced U.S. Aggregate Bond Fund (AGGY) and Fidelity Short-Term Treasury Bond Index Fund (FUMBX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AGGY achieves a 1.16% return, which is significantly higher than FUMBX's 0.09% return.

AGGY

• 1D: 0.03%
• 1M: 0.99%
• YTD: 1.16%
• 6M: 0.91%
• 1Y: 5.03%
• 3Y*: 4.81%
• 5Y*: 0.19%
• 10Y*: 1.68%

FUMBX

• 1D: 0.10%
• 1M: 0.17%
• YTD: 0.09%
• 6M: 0.44%
• 1Y: 2.79%
• 3Y*: 4.10%
• 5Y*: 1.37%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AGGY vs. FUMBX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AGGY WisdomTree Yield Enhanced U.S. Aggregate Bond Fund	1.16%	7.38%	1.82%	7.29%	-15.26%	-1.72%	5.87%	11.77%	-1.70%	0.62%
FUMBX Fidelity Short-Term Treasury Bond Index Fund	0.09%	5.83%	3.25%	4.47%	-5.84%	-1.38%	4.22%	4.19%	1.47%	-0.33%

Correlation

The correlation between AGGY and FUMBX is 0.71, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.71
Correlation (3Y) Calculated over the trailing 3-year period	0.75
Correlation (5Y) Calculated over the trailing 5-year period	0.78
Correlation (All Time) Calculated using the full available price history since Oct 19, 2017	0.72

The correlation between AGGY and FUMBX has been stable across timeframes, ranging from 0.71 to 0.78 - a consistent structural relationship.

Return for Risk

AGGY vs. FUMBX — Risk / Return Rank

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

AGGY

AGGY Risk / Return Rank: 37
AGGY Sharpe Ratio Rank: 38
AGGY Sortino Ratio Rank: 39
AGGY Omega Ratio Rank: 34
AGGY Calmar Ratio Rank: 40
AGGY Martin Ratio Rank: 35

FUMBX

FUMBX Risk / Return Rank: 32
FUMBX Sharpe Ratio Rank: 31
FUMBX Sortino Ratio Rank: 36
FUMBX Omega Ratio Rank: 36
FUMBX Calmar Ratio Rank: 32
FUMBX Martin Ratio Rank: 27

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.

AGGY vs. FUMBX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Yield Enhanced U.S. Aggregate Bond Fund (AGGY) and Fidelity Short-Term Treasury Bond Index Fund (FUMBX). 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	AGGY	FUMBX	Difference
Sharpe ratio: Return per unit of total volatility	1.21	1.35	-0.14
Sortino ratio: Return per unit of downside risk	1.81	2.12	-0.31
Omega ratio: Gain probability vs. loss probability	1.21	1.27	-0.06
Calmar ratio: Return relative to maximum drawdown	1.80	1.82	-0.03
Martin ratio: Return relative to average drawdown	5.07	5.30	-0.23

AGGY vs. FUMBX - Sharpe Ratio Comparison

The current AGGY Sharpe Ratio is 1.21, which is comparable to the FUMBX Sharpe Ratio of 1.35. The chart below compares the historical Sharpe Ratios of AGGY and FUMBX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

AGGY vs. FUMBX - Drawdown Comparison

The maximum AGGY drawdown since its inception was -20.98%, which is greater than FUMBX's maximum drawdown of -8.83%. Use the drawdown chart below to compare losses from any high point for AGGY and FUMBX.

Drawdown Indicators

	AGGY	FUMBX	Difference
Max Drawdown Largest peak-to-trough decline	-20.98%	-8.83%	-12.15%
Max Drawdown (1Y) Largest decline over 1 year	-2.81%	-1.54%	-1.27%
Max Drawdown (3Y) Largest decline over 3 years	-5.40%	-1.57%	-3.83%
Max Drawdown (5Y) Largest decline over 5 years	-20.60%	-8.60%	-12.00%
Max Drawdown (10Y) Largest decline over 10 years	-20.98%	—	—
Current Drawdown Current decline from peak	-1.61%	-0.87%	-0.74%
Average Drawdown Average peak-to-trough decline	-5.01%	-1.85%	-3.16%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.99%	0.53%	+0.46%

Volatility

AGGY vs. FUMBX - Volatility Comparison

WisdomTree Yield Enhanced U.S. Aggregate Bond Fund (AGGY) has a higher volatility of 1.18% compared to Fidelity Short-Term Treasury Bond Index Fund (FUMBX) at 0.70%. This indicates that AGGY's price experiences larger fluctuations and is considered to be riskier than FUMBX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AGGY	FUMBX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.18%	0.70%	+0.48%
Volatility (6M) Calculated over the trailing 6-month period	3.17%	1.56%	+1.61%
Volatility (1Y) Calculated over the trailing 1-year period	4.17%	2.08%	+2.09%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	6.08%	2.93%	+3.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	5.50%	2.49%	+3.01%

AGGY vs. FUMBX - Expense Ratio Comparison

AGGY has a 0.12% expense ratio, which is higher than FUMBX's 0.03% 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%.

Dividends

AGGY vs. FUMBX - Dividend Comparison

AGGY's dividend yield for the trailing twelve months is around 4.47%, more than FUMBX's 3.76% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AGGY WisdomTree Yield Enhanced U.S. Aggregate Bond Fund	4.47%	4.48%	4.38%	3.78%	2.77%	2.10%	2.96%	3.02%	3.36%	2.78%	3.19%	1.27%
FUMBX Fidelity Short-Term Treasury Bond Index Fund	3.76%	3.51%	2.91%	1.64%	0.86%	1.15%	1.41%	1.88%	1.64%	0.34%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AGGY and FUMBX in my portfolio?

AGGY and FUMBX have a correlation of 0.71, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AGGY or FUMBX?

AGGY has higher volatility (1.18%) compared to FUMBX (0.70%). In terms of maximum drawdown, AGGY dropped -20.98% vs FUMBX's -8.83%.

Which has better risk-adjusted returns?

FUMBX currently has the higher Sharpe Ratio (1.35 vs 1.21), 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.