AGRH vs. AGIH
Compare and contrast key facts about iShares Interest Rate Hedged U.S. Aggregate Bond ETF (AGRH) and iShares Inflation Hedged U.S. Aggregate Bond ETF (AGIH).
AGRH and AGIH are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AGRH is a passively managed fund by iShares that tracks the performance of the BlackRock Interest Rate Hedged U.S. Aggregate Bond Index - Benchmark TR Gross. It was launched on Jun 22, 2022. AGIH is a passively managed fund by iShares that tracks the performance of the BlackRock Inflation Hedged U.S. Aggregate Bond Index - Benchmark TR Gross. It was launched on Jun 22, 2022. Both AGRH and AGIH 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: AGRH or AGIH.
Key characteristics
| AGRH | AGIH | |
|---|---|---|
| YTD Return | 4.47% | 4.44% |
| 1Y Return | 6.41% | 8.15% |
| Sharpe Ratio | 3.71 | 1.51 |
| Daily Std Dev | 1.75% | 5.37% |
| Max Drawdown | -1.50% | -9.24% |
| Current Drawdown | 0.00% | -0.30% |
Correlation
The correlation between AGRH and AGIH is 0.41, 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
AGRH vs. AGIH - Performance Comparison
The year-to-date returns for both stocks are quite close, with AGRH having a 4.47% return and AGIH slightly lower at 4.44%. 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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AGRH vs. AGIH - Expense Ratio Comparison
Both AGRH and AGIH have an expense ratio of 0.13%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.
Risk-Adjusted Performance
AGRH vs. AGIH - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Interest Rate Hedged U.S. Aggregate Bond ETF (AGRH) and iShares Inflation Hedged U.S. Aggregate Bond ETF (AGIH). 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
AGRH vs. AGIH - Dividend Comparison
AGRH's dividend yield for the trailing twelve months is around 5.21%, more than AGIH's 3.42% yield.
| TTM | 2023 | 2022 | |
|---|---|---|---|
AGRH iShares Interest Rate Hedged U.S. Aggregate Bond ETF | 5.21% | 4.69% | 1.24% |
AGIH iShares Inflation Hedged U.S. Aggregate Bond ETF | 3.42% | 3.13% | 1.46% |
Drawdowns
AGRH vs. AGIH - Drawdown Comparison
The maximum AGRH drawdown since its inception was -1.50%, smaller than the maximum AGIH drawdown of -9.24%. Use the drawdown chart below to compare losses from any high point for AGRH and AGIH. For additional features, visit the drawdowns tool.
Volatility
AGRH vs. AGIH - Volatility Comparison
The current volatility for iShares Interest Rate Hedged U.S. Aggregate Bond ETF (AGRH) is 0.43%, while iShares Inflation Hedged U.S. Aggregate Bond ETF (AGIH) has a volatility of 1.05%. This indicates that AGRH experiences smaller price fluctuations and is considered to be less risky than AGIH based on this measure. The chart below showcases a comparison of their rolling one-month volatility.