AGZD vs. BND

Last updated Jun 3, 2026

AGZD (WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund) and BND (Vanguard Total Bond Market ETF) are both exchange-traded funds - AGZD is a Nontraditional Bonds fund tracking the Bloomberg Rate Hedged U.S. Aggregate Bond Index, Zero Duration, while BND is a Total Bond Market fund tracking the Bloomberg U.S. Aggregate Float Adjusted Index. Both are passively managed. Over the past 10 years, AGZD returned 3.17%/yr vs 1.60%/yr for BND. At a correlation of -0.12, they often move in opposite directions. AGZD charges 0.23%/yr vs 0.03%/yr for BND.

Performance

AGZD vs. BND - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund (AGZD) and Vanguard Total Bond Market ETF (BND). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AGZD achieves a 2.40% return, which is significantly higher than BND's 0.46% return. Over the past 10 years, AGZD has outperformed BND with an annualized return of 3.17%, while BND has yielded a comparatively lower 1.60% annualized return.

AGZD

• 1D: 0.05%
• 1M: 0.73%
• YTD: 2.40%
• 6M: 3.10%
• 1Y: 5.40%
• 3Y*: 6.08%
• 5Y*: 4.37%
• 10Y*: 3.17%

BND

• 1D: 0.03%
• 1M: 0.12%
• YTD: 0.46%
• 6M: 0.46%
• 1Y: 5.19%
• 3Y*: 4.03%
• 5Y*: 0.20%
• 10Y*: 1.60%

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

AGZD vs. BND - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
AGZD WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund	2.40%	4.35%	6.64%	7.15%	1.17%	0.69%	0.31%	4.65%	0.18%	2.62%
BND Vanguard Total Bond Market ETF	0.46%	7.08%	1.38%	5.65%	-13.11%	-1.86%	7.71%	8.84%	-0.12%	3.57%

Correlation

The correlation between AGZD and BND is 0.03, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.03
Correlation (3Y) Calculated over the trailing 3-year period	-0.08
Correlation (5Y) Calculated over the trailing 5-year period	-0.17
Correlation (10Y) Calculated over the trailing 10-year period	-0.11
Correlation (All Time) Calculated using the full available price history since Dec 19, 2013	-0.12

The correlation between AGZD and BND shifts across timeframes, from -0.17 (5 years) to 0.03 (1 year), reflecting how their relationship changes across market environments.

Return for Risk

AGZD vs. BND — Risk / Return Rank

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

AGZD

AGZD Risk / Return Rank: 71
AGZD Sharpe Ratio Rank: 55
AGZD Sortino Ratio Rank: 58
AGZD Omega Ratio Rank: 61
AGZD Calmar Ratio Rank: 92
AGZD Martin Ratio Rank: 88

BND

BND Risk / Return Rank: 38
BND Sharpe Ratio Rank: 38
BND Sortino Ratio Rank: 40
BND Omega Ratio Rank: 36
BND Calmar Ratio Rank: 37
BND Martin Ratio Rank: 36

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.

AGZD vs. BND - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund (AGZD) and Vanguard Total Bond Market ETF (BND). 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	BND	Difference
Sharpe ratio Return per unit of total volatility	1.88	1.38	+0.50
Sortino ratio Return per unit of downside risk	2.79	2.07	+0.72
Omega ratio Gain probability vs. loss probability	1.37	1.24	+0.13
Calmar ratio Return relative to maximum drawdown	6.28	1.85	+4.43
Martin ratio Return relative to average drawdown	19.78	5.66	+14.13
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

AGZD vs. BND - Sharpe Ratio Comparison

The current AGZD Sharpe Ratio is 1.88, which is higher than the BND Sharpe Ratio of 1.38. The chart below compares the historical Sharpe Ratios of AGZD and BND, 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

	AGZD	BND	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.88	1.38	+0.50
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.22	0.03	+1.19
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.86	0.29	+0.57
Sharpe Ratio (All Time) Calculated using the full available price history	0.65	0.59	+0.06

Drawdowns

AGZD vs. BND - Drawdown Comparison

The maximum AGZD drawdown since its inception was -8.46%, smaller than the maximum BND drawdown of -18.58%. Use the drawdown chart below to compare losses from any high point for AGZD and BND.

Drawdown Indicators

	AGZD	BND	Difference
Max Drawdown Largest peak-to-trough decline	-8.46%	-18.58%	+10.12%
Max Drawdown (1Y) Largest decline over 1 year	-0.87%	-2.68%	+1.81%
Max Drawdown (3Y) Largest decline over 3 years	-1.71%	-5.92%	+4.21%
Max Drawdown (5Y) Largest decline over 5 years	-2.23%	-17.91%	+15.68%
Max Drawdown (10Y) Largest decline over 10 years	-8.46%	-18.58%	+10.12%
Current Drawdown Current decline from peak	-0.22%	-2.18%	+1.96%
Average Drawdown Average peak-to-trough decline	-0.77%	-3.06%	+2.29%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.28%	0.88%	-0.60%

Volatility

AGZD vs. BND - Volatility Comparison

The current volatility for WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund (AGZD) is 1.02%, while Vanguard Total Bond Market ETF (BND) has a volatility of 1.26%. This indicates that AGZD experiences smaller price fluctuations and is considered to be less risky than BND based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AGZD	BND	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.02%	1.26%	-0.24%
Volatility (6M) Calculated over the trailing 6-month period	1.99%	2.68%	-0.69%
Volatility (1Y) Calculated over the trailing 1-year period	2.88%	3.78%	-0.90%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.58%	6.02%	-2.44%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.72%	5.53%	-1.81%

AGZD vs. BND - Expense Ratio Comparison

AGZD has a 0.23% expense ratio, which is higher than BND's 0.03% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.

Dividends

AGZD vs. BND - Dividend Comparison

AGZD's dividend yield for the trailing twelve months is around 3.98%, which matches BND's 3.96% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AGZD WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund	3.98%	4.12%	3.96%	6.07%	8.61%	1.66%	2.28%	2.83%	2.62%	2.31%	1.81%	1.66%
BND Vanguard Total Bond Market ETF	3.96%	3.86%	3.67%	3.09%	2.60%	2.12%	2.38%	2.72%	2.81%	2.54%	2.51%	2.57%

Frequently Asked Questions

Can I hold both AGZD and BND in my portfolio?

AGZD and BND have a correlation of 0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, AGZD or BND?

BND has higher volatility (1.26%) compared to AGZD (1.02%). In terms of maximum drawdown, AGZD dropped -8.46% vs BND's -18.58%.

Which ETF is better, AGZD or BND?

On 10-year performance, AGZD leads with 3.17% vs 1.60% for BND. On fees, BND is cheaper at 0.03% per year. On volatility, AGZD has been the lower-risk option at 1.02%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AGZD or BND?

Over the 10-year period, AGZD has performed better with a 3.17% return vs 1.60%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AGZD or BND?

BND is cheaper with a 0.03% expense ratio, compared with 0.23% for AGZD.

Which ETF pays a higher dividend yield, AGZD or BND?

AGZD has the higher dividend yield at 3.98%, compared with 3.96% for BND.

What is the main difference between AGZD and BND?

AGZD is categorized as Nontraditional Bonds, while BND is Total Bond Market. AGZD tracks Bloomberg Rate Hedged U.S. Aggregate Bond Index, Zero Duration, while BND tracks Bloomberg U.S. Aggregate Float Adjusted Index. They also come from different issuers: WisdomTree and Vanguard. Their fees differ too: 0.23% for AGZD and 0.03% for BND.

Which has better risk-adjusted returns?

AGZD currently has the higher Sharpe Ratio (1.88 vs 1.38), 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.