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AGZD vs. ANGL
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


AGZDANGL
YTD Return3.63%3.07%
1Y Return7.26%9.59%
3Y Return (Ann)4.04%0.39%
5Y Return (Ann)2.97%4.88%
10Y Return (Ann)2.25%5.74%
Sharpe Ratio2.141.64
Daily Std Dev3.45%5.93%
Max Drawdown-8.45%-35.07%
Current Drawdown0.00%-1.27%

Correlation

-0.50.00.51.00.0

The correlation between AGZD and ANGL is 0.05, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Performance

AGZD vs. ANGL - Performance Comparison

In the year-to-date period, AGZD achieves a 3.63% return, which is significantly higher than ANGL's 3.07% return. Over the past 10 years, AGZD has underperformed ANGL with an annualized return of 2.25%, while ANGL has yielded a comparatively higher 5.74% annualized return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


20.00%30.00%40.00%50.00%60.00%70.00%80.00%90.00%FebruaryMarchAprilMayJuneJuly
25.08%
87.33%
AGZD
ANGL

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WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund

VanEck Vectors Fallen Angel High Yield Bond ETF

AGZD vs. ANGL - Expense Ratio Comparison

AGZD has a 0.23% expense ratio, which is lower than ANGL's 0.35% expense ratio.


ANGL
VanEck Vectors Fallen Angel High Yield Bond ETF
Expense ratio chart for ANGL: current value at 0.35% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.35%
Expense ratio chart for AGZD: current value at 0.23% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.23%

Risk-Adjusted Performance

AGZD vs. ANGL - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund (AGZD) and VanEck Vectors Fallen Angel High Yield Bond ETF (ANGL). 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.


AGZD
Sharpe ratio
The chart of Sharpe ratio for AGZD, currently valued at 2.14, compared to the broader market0.002.004.006.002.14
Sortino ratio
The chart of Sortino ratio for AGZD, currently valued at 3.33, compared to the broader market0.005.0010.003.33
Omega ratio
The chart of Omega ratio for AGZD, currently valued at 1.40, compared to the broader market1.002.003.001.40
Calmar ratio
The chart of Calmar ratio for AGZD, currently valued at 8.22, compared to the broader market0.005.0010.0015.0020.008.22
Martin ratio
The chart of Martin ratio for AGZD, currently valued at 26.92, compared to the broader market0.0050.00100.00150.0026.92
ANGL
Sharpe ratio
The chart of Sharpe ratio for ANGL, currently valued at 1.64, compared to the broader market0.002.004.006.001.64
Sortino ratio
The chart of Sortino ratio for ANGL, currently valued at 2.52, compared to the broader market0.005.0010.002.52
Omega ratio
The chart of Omega ratio for ANGL, currently valued at 1.30, compared to the broader market1.002.003.001.30
Calmar ratio
The chart of Calmar ratio for ANGL, currently valued at 0.71, compared to the broader market0.005.0010.0015.0020.000.71
Martin ratio
The chart of Martin ratio for ANGL, currently valued at 7.41, compared to the broader market0.0050.00100.00150.007.41

AGZD vs. ANGL - Sharpe Ratio Comparison

The current AGZD Sharpe Ratio is 2.14, which is higher than the ANGL Sharpe Ratio of 1.64. The chart below compares the 12-month rolling Sharpe Ratio of AGZD and ANGL.


Rolling 12-month Sharpe Ratio1.001.502.002.503.00FebruaryMarchAprilMayJuneJuly
2.14
1.64
AGZD
ANGL

Dividends

AGZD vs. ANGL - Dividend Comparison

AGZD's dividend yield for the trailing twelve months is around 6.20%, more than ANGL's 5.88% yield.


TTM20232022202120202019201820172016201520142013
AGZD
WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund
6.20%6.07%8.61%1.66%2.28%2.83%2.62%2.31%1.95%2.37%1.69%0.05%
ANGL
VanEck Vectors Fallen Angel High Yield Bond ETF
5.88%5.27%4.72%3.90%4.67%5.19%5.99%5.25%5.76%5.81%6.80%6.10%

Drawdowns

AGZD vs. ANGL - Drawdown Comparison

The maximum AGZD drawdown since its inception was -8.45%, smaller than the maximum ANGL drawdown of -35.07%. Use the drawdown chart below to compare losses from any high point for AGZD and ANGL. For additional features, visit the drawdowns tool.


-5.00%-4.00%-3.00%-2.00%-1.00%0.00%FebruaryMarchAprilMayJuneJuly0
-1.27%
AGZD
ANGL

Volatility

AGZD vs. ANGL - Volatility Comparison

WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund (AGZD) has a higher volatility of 1.37% compared to VanEck Vectors Fallen Angel High Yield Bond ETF (ANGL) at 1.30%. This indicates that AGZD's price experiences larger fluctuations and is considered to be riskier than ANGL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.80%1.00%1.20%1.40%1.60%1.80%FebruaryMarchAprilMayJuneJuly
1.37%
1.30%
AGZD
ANGL