AGIX vs. BNDD

Last updated Aug 6, 2026

AGIX (KraneShares Artificial Intelligence & Technology ETF) and BNDD (Quadratic Deflation ETF) are both exchange-traded funds - AGIX is a Artificial Intelligence fund tracking the Solactive Etna Artificial General Intelligence Index, while BNDD is a Government Bonds fund actively managed by KraneShares. AGIX is passively managed, while BNDD is actively managed. Over the past year, AGIX returned 41.17% vs 0.23% for BNDD. Their 0.08 correlation means their historical movements had little consistent relationship. AGIX charges 1.00%/yr vs 1.02%/yr for BNDD.

Performance

AGIX vs. BNDD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in KraneShares Artificial Intelligence & Technology ETF (AGIX) and Quadratic Deflation ETF (BNDD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AGIX achieves a 22.77% return, which is significantly higher than BNDD's 2.81% return.

AGIX

• 1D: -1.61%
• 1M: -2.11%
• 6M: 33.77%
• YTD: 22.77%
• 1Y: 41.17%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 32.94%

BNDD

• 1D: 0.12%
• 1M: -3.19%
• 6M: 2.63%
• YTD: 2.81%
• 1Y: 0.23%
• 3Y*: -3.59%
• 5Y*: —
• 10Y*: —
• ALL TIME*: -4.50%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
AGIX KraneShares Artificial Intelligence & Technology ETF	$6.66M	$6.82M	$17.79M
BNDD Quadratic Deflation ETF	$728.37K	$4.32M	$3.17M

AGIX vs. BNDD - Yearly Performance Comparison

	2026 (YTD)	2025	2024
AGIX KraneShares Artificial Intelligence & Technology ETF	22.77%	29.24%	12.92%
BNDD Quadratic Deflation ETF	2.81%	-8.17%	-5.49%

Correlation

The correlation between AGIX and BNDD is 0.13, which is low. Their historical price movements had little consistent relationship.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.13
Correlation (All Time) Calculated using the full available price history since Jul 18, 2024	0.08

Return for Risk

AGIX vs. BNDD — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

AGIX

AGIX Risk / Return Rank: 47
AGIX Sharpe Ratio Rank: 50
AGIX Sortino Ratio Rank: 48
AGIX Omega Ratio Rank: 45
AGIX Calmar Ratio Rank: 51
AGIX Martin Ratio Rank: 42

BNDD

BNDD Risk / Return Rank: 10
BNDD Sharpe Ratio Rank: 10
BNDD Sortino Ratio Rank: 10
BNDD Omega Ratio Rank: 10
BNDD Calmar Ratio Rank: 10
BNDD Martin Ratio Rank: 11

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

AGIX vs. BNDD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for KraneShares Artificial Intelligence & Technology ETF (AGIX) and Quadratic Deflation ETF (BNDD). 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.

	AGIX	BNDD	Difference
Sharpe ratio: Return per unit of total volatility	1.43	0.02	+1.40
Sortino ratio: Return per unit of downside risk	1.98	0.10	+1.88
Omega ratio: Gain probability vs. loss probability	1.24	1.01	+0.23
Calmar ratio: Return relative to maximum drawdown	2.08	0.04	+2.05
Martin ratio: Return relative to average drawdown	5.16	0.08	+5.08

AGIX vs. BNDD - Sharpe Ratio Comparison

The current AGIX Sharpe Ratio is 1.43, which is higher than the BNDD Sharpe Ratio of 0.02. The chart below compares the historical Sharpe Ratios of AGIX and BNDD, 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

AGIX vs. BNDD - Drawdown Comparison

The maximum AGIX drawdown since its inception was -31.48%, roughly equal to the maximum BNDD drawdown of -30.87%. Use the drawdown chart below to compare losses from any high point for AGIX and BNDD.

Drawdown Indicators

	AGIX	BNDD	Difference
Max Drawdown Largest peak-to-trough decline	-31.48%	-30.87%	-0.61%
Max Drawdown (1Y) Largest decline over 1 year	-19.85%	-6.09%	-13.76%
Max Drawdown (3Y) Largest decline over 3 years	—	-17.70%	—
Current Drawdown Current decline from peak	-9.78%	-27.56%	+17.78%
Average Drawdown Average peak-to-trough decline	-6.19%	-19.56%	+13.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.99%	2.92%	+5.07%

Volatility

AGIX vs. BNDD - Volatility Comparison

KraneShares Artificial Intelligence & Technology ETF (AGIX) has a higher volatility of 10.35% compared to Quadratic Deflation ETF (BNDD) at 2.66%. This indicates that AGIX's price experiences larger fluctuations and is considered to be riskier than BNDD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AGIX	BNDD	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.35%	2.66%	+7.69%
Volatility (6M) Calculated over the trailing 6-month period	24.26%	6.90%	+17.36%
Volatility (1Y) Calculated over the trailing 1-year period	29.00%	10.21%	+18.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	30.23%	13.25%	+16.98%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.23%	13.25%	+16.98%

AGIX vs. BNDD - Expense Ratio Comparison

AGIX has a 1.00% expense ratio, which is lower than BNDD's 1.02% expense ratio.

Dividends

AGIX vs. BNDD - Dividend Comparison

AGIX's dividend yield for the trailing twelve months is around 0.98%, less than BNDD's 3.68% yield.

Position	TTM	2025	2024	2023	2022	2021
AGIX KraneShares Artificial Intelligence & Technology ETF	0.98%	1.21%	0.77%	0.00%	0.00%	0.00%
BNDD Quadratic Deflation ETF	3.68%	3.82%	3.85%	4.30%	43.17%	1.04%

Frequently Asked Questions

Can I hold both AGIX and BNDD in my portfolio?

AGIX and BNDD have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AGIX or BNDD?

AGIX has higher volatility (10.35%) compared to BNDD (2.66%). In terms of maximum drawdown, AGIX dropped -31.48% vs BNDD's -30.87%.

Which ETF is better, AGIX or BNDD?

On 1-year performance, AGIX leads with 41.17% vs 0.23% for BNDD. On fees, AGIX is cheaper at 1.00% per year. On volatility, BNDD has been the lower-risk option at 2.66%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AGIX or BNDD?

Over the 1-year period, AGIX has performed better with a 41.17% return vs 0.23%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AGIX or BNDD?

AGIX is cheaper with a 1.00% expense ratio, compared with 1.02% for BNDD.

Which ETF pays a higher dividend yield, AGIX or BNDD?

BNDD has the higher dividend yield at 3.68%, compared with 0.98% for AGIX.

What is the main difference between AGIX and BNDD?

AGIX is categorized as Artificial Intelligence, while BNDD is Government Bonds. Their fees differ too: 1.00% for AGIX and 1.02% for BNDD.

Which has better risk-adjusted returns?

AGIX currently has the higher Sharpe Ratio (1.43 vs 0.02), 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.