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AGZ vs. GVI
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


AGZGVI
YTD Return1.65%1.40%
1Y Return4.71%4.64%
3Y Return (Ann)-0.85%-1.24%
5Y Return (Ann)0.97%0.74%
10Y Return (Ann)1.56%1.45%
Sharpe Ratio1.421.10
Daily Std Dev3.17%3.94%
Max Drawdown-11.01%-12.93%
Current Drawdown-3.05%-4.57%

Correlation

-0.50.00.51.00.7

The correlation between AGZ and GVI is 0.68, 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

AGZ vs. GVI - Performance Comparison

In the year-to-date period, AGZ achieves a 1.65% return, which is significantly higher than GVI's 1.40% return. Over the past 10 years, AGZ has outperformed GVI with an annualized return of 1.56%, while GVI has yielded a comparatively lower 1.45% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


36.00%38.00%40.00%42.00%44.00%46.00%48.00%FebruaryMarchAprilMayJuneJuly
40.24%
47.33%
AGZ
GVI

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


iShares Agency Bond ETF

iShares Intermediate Government/Credit Bond ETF

AGZ vs. GVI - Expense Ratio Comparison

Both AGZ and GVI have an expense ratio of 0.20%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.


AGZ
iShares Agency Bond ETF
Expense ratio chart for AGZ: current value at 0.20% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.20%
Expense ratio chart for GVI: current value at 0.20% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.20%

Risk-Adjusted Performance

AGZ vs. GVI - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Agency Bond ETF (AGZ) and iShares Intermediate Government/Credit Bond ETF (GVI). 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.


AGZ
Sharpe ratio
The chart of Sharpe ratio for AGZ, currently valued at 1.42, compared to the broader market0.002.004.006.001.42
Sortino ratio
The chart of Sortino ratio for AGZ, currently valued at 2.19, compared to the broader market0.005.0010.0015.002.19
Omega ratio
The chart of Omega ratio for AGZ, currently valued at 1.26, compared to the broader market1.002.003.001.26
Calmar ratio
The chart of Calmar ratio for AGZ, currently valued at 0.52, compared to the broader market0.005.0010.0015.0020.000.52
Martin ratio
The chart of Martin ratio for AGZ, currently valued at 6.92, compared to the broader market0.0050.00100.00150.006.92
GVI
Sharpe ratio
The chart of Sharpe ratio for GVI, currently valued at 1.10, compared to the broader market0.002.004.006.001.10
Sortino ratio
The chart of Sortino ratio for GVI, currently valued at 1.70, compared to the broader market0.005.0010.0015.001.70
Omega ratio
The chart of Omega ratio for GVI, currently valued at 1.19, compared to the broader market1.002.003.001.19
Calmar ratio
The chart of Calmar ratio for GVI, currently valued at 0.40, compared to the broader market0.005.0010.0015.0020.000.40
Martin ratio
The chart of Martin ratio for GVI, currently valued at 4.24, compared to the broader market0.0050.00100.00150.004.24

AGZ vs. GVI - Sharpe Ratio Comparison

The current AGZ Sharpe Ratio is 1.42, which roughly equals the GVI Sharpe Ratio of 1.10. The chart below compares the 12-month rolling Sharpe Ratio of AGZ and GVI.


Rolling 12-month Sharpe Ratio0.000.501.001.50FebruaryMarchAprilMayJuneJuly
1.42
1.10
AGZ
GVI

Dividends

AGZ vs. GVI - Dividend Comparison

AGZ's dividend yield for the trailing twelve months is around 3.31%, more than GVI's 3.12% yield.


TTM20232022202120202019201820172016201520142013
AGZ
iShares Agency Bond ETF
3.31%3.14%1.56%0.96%2.25%2.32%2.15%1.58%1.52%1.30%1.33%1.19%
GVI
iShares Intermediate Government/Credit Bond ETF
3.12%2.75%1.86%1.46%1.84%2.29%2.16%1.91%1.77%1.75%1.72%1.77%

Drawdowns

AGZ vs. GVI - Drawdown Comparison

The maximum AGZ drawdown since its inception was -11.01%, smaller than the maximum GVI drawdown of -12.93%. Use the drawdown chart below to compare losses from any high point for AGZ and GVI. For additional features, visit the drawdowns tool.


-7.00%-6.00%-5.00%-4.00%-3.00%FebruaryMarchAprilMayJuneJuly
-3.05%
-4.57%
AGZ
GVI

Volatility

AGZ vs. GVI - Volatility Comparison

The current volatility for iShares Agency Bond ETF (AGZ) is 0.71%, while iShares Intermediate Government/Credit Bond ETF (GVI) has a volatility of 0.89%. This indicates that AGZ experiences smaller price fluctuations and is considered to be less risky than GVI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.60%0.80%1.00%1.20%1.40%FebruaryMarchAprilMayJuneJuly
0.71%
0.89%
AGZ
GVI