AGNG vs. WELL

Last updated Jun 4, 2026

AGNG (Global X Aging Population ETF) is Health & Biotech Equities fund tracking the Indxx Aging Population Thematic Index, while WELL (Welltower Inc.) is a stock. Over the past 10 years, AGNG returned 8.76%/yr vs 14.94%/yr for WELL. At a 0.35 correlation, their price movements are largely independent.

Performance

AGNG vs. WELL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Global X Aging Population ETF (AGNG) and Welltower Inc. (WELL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AGNG achieves a -4.79% return, which is significantly lower than WELL's 8.28% return. Over the past 10 years, AGNG has underperformed WELL with an annualized return of 8.76%, while WELL has yielded a comparatively higher 14.94% annualized return.

AGNG

• 1D: 0.41%
• 1M: -2.10%
• YTD: -4.79%
• 6M: -5.36%
• 1Y: 9.81%
• 3Y*: 8.25%
• 5Y*: 3.96%
• 10Y*: 8.76%

WELL

• 1D: 2.17%
• 1M: -7.77%
• YTD: 8.28%
• 6M: -0.46%
• 1Y: 33.15%
• 3Y*: 41.00%
• 5Y*: 24.18%
• 10Y*: 14.94%

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

AGNG vs. WELL - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AGNG Global X Aging Population ETF	-4.79%	20.01%	7.03%	9.65%	-8.61%	3.91%	18.96%	25.24%	-1.45%	28.17%
WELL Welltower Inc.	8.28%	49.86%	43.07%	41.79%	-21.18%	36.98%	-17.19%	23.04%	15.31%	0.22%

Correlation

The correlation between AGNG and WELL is 0.30, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.30
Correlation (3Y) Calculated over the trailing 3-year period	0.43
Correlation (5Y) Calculated over the trailing 5-year period	0.46
Correlation (10Y) Calculated over the trailing 10-year period	0.35
Correlation (All Time) Calculated using the full available price history since May 11, 2016	0.35

The correlation between AGNG and WELL shifts across timeframes, from 0.30 (1 year) to 0.46 (5 years), reflecting how their relationship changes across market environments.

Return for Risk

AGNG vs. WELL — Risk / Return Rank

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

AGNG

AGNG Risk / Return Rank: 20
AGNG Sharpe Ratio Rank: 21
AGNG Sortino Ratio Rank: 21
AGNG Omega Ratio Rank: 20
AGNG Calmar Ratio Rank: 20
AGNG Martin Ratio Rank: 20

WELL

WELL Risk / Return Rank: 79
WELL Sharpe Ratio Rank: 82
WELL Sortino Ratio Rank: 77
WELL Omega Ratio Rank: 76
WELL Calmar Ratio Rank: 79
WELL Martin Ratio Rank: 79

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.

AGNG vs. WELL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X Aging Population ETF (AGNG) and Welltower Inc. (WELL). 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.

	AGNG	WELL	Difference
Sharpe ratio: Return per unit of total volatility	0.72	1.59	-0.86
Sortino ratio: Return per unit of downside risk	1.12	2.16	-1.04
Omega ratio: Gain probability vs. loss probability	1.13	1.28	-0.14
Calmar ratio: Return relative to maximum drawdown	0.86	2.64	-1.78
Martin ratio: Return relative to average drawdown	2.34	6.62	-4.28
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AGNG vs. WELL - Sharpe Ratio Comparison

The current AGNG Sharpe Ratio is 0.72, which is lower than the WELL Sharpe Ratio of 1.59. The chart below compares the historical Sharpe Ratios of AGNG and WELL, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	AGNG	WELL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.72	1.59	-0.86
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.26	1.03	-0.76
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.51	0.47	+0.04
Sharpe Ratio (All Time) Calculated using the full available price history	0.53	0.56	-0.02

Drawdowns

AGNG vs. WELL - Drawdown Comparison

The maximum AGNG drawdown since its inception was -30.58%, smaller than the maximum WELL drawdown of -63.33%. Use the drawdown chart below to compare losses from any high point for AGNG and WELL.

Drawdown Indicators

	AGNG	WELL	Difference
Max Drawdown Largest peak-to-trough decline	-30.58%	-63.33%	+32.75%
Max Drawdown (1Y) Largest decline over 1 year	-11.45%	-12.61%	+1.16%
Max Drawdown (3Y) Largest decline over 3 years	-14.48%	-12.99%	-1.49%
Max Drawdown (5Y) Largest decline over 5 years	-25.66%	-40.78%	+15.12%
Max Drawdown (10Y) Largest decline over 10 years	-30.58%	-63.33%	+32.75%
Current Drawdown Current decline from peak	-11.09%	-9.33%	-1.76%
Average Drawdown Average peak-to-trough decline	-5.95%	-10.32%	+4.37%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.20%	5.02%	-0.82%

Volatility

AGNG vs. WELL - Volatility Comparison

The current volatility for Global X Aging Population ETF (AGNG) is 3.87%, while Welltower Inc. (WELL) has a volatility of 7.54%. This indicates that AGNG experiences smaller price fluctuations and is considered to be less risky than WELL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AGNG	WELL	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.87%	7.54%	-3.67%
Volatility (6M) Calculated over the trailing 6-month period	10.00%	16.49%	-6.49%
Volatility (1Y) Calculated over the trailing 1-year period	13.62%	21.07%	-7.45%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.22%	23.68%	-8.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.13%	31.86%	-14.73%

Dividends

AGNG vs. WELL - Dividend Comparison

AGNG's dividend yield for the trailing twelve months is around 0.92%, less than WELL's 1.48% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AGNG Global X Aging Population ETF	0.92%	0.88%	0.83%	0.96%	0.49%	0.72%	0.36%	0.83%	1.00%	1.04%	0.45%	0.00%
WELL Welltower Inc.	1.48%	1.52%	2.03%	2.71%	3.72%	2.84%	4.18%	4.26%	5.01%	5.46%	5.14%	4.85%

Frequently Asked Questions

Can I hold both AGNG and WELL in my portfolio?

AGNG and WELL have a correlation of 0.30, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AGNG or WELL?

WELL has higher volatility (7.54%) compared to AGNG (3.87%). In terms of maximum drawdown, AGNG dropped -30.58% vs WELL's -63.33%.

Which has better risk-adjusted returns?

WELL currently has the higher Sharpe Ratio (1.59 vs 0.72), 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.