AGZD vs. BNDW

Last updated Apr 2, 2026

Compare and contrast key facts about WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund (AGZD) and Vanguard Total World Bond ETF (BNDW).

AGZD and BNDW are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. AGZD is a passively managed fund by WisdomTree that tracks the performance of the Bloomberg Rate Hedged U.S. Aggregate Bond Index, Zero Duration. It was launched on Dec 18, 2013. BNDW is a passively managed fund by Vanguard that tracks the performance of the Bloomberg Global Aggregate Float Adjusted Composite Index. It was launched on Sep 4, 2018. Both AGZD and BNDW are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.

Performance

AGZD vs. BNDW - 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 World Bond ETF (BNDW). The values are adjusted to include any dividend payments, if applicable.

AGZD vs. BNDW - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
AGZD WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund	1.07%	4.35%	6.64%	7.15%	1.17%	0.69%	0.31%	4.65%	-0.31%
BNDW Vanguard Total World Bond ETF	0.09%	5.02%	2.42%	7.18%	-12.88%	-2.10%	6.22%	8.37%	1.21%

Returns By Period

In the year-to-date period, AGZD achieves a 1.07% return, which is significantly higher than BNDW's 0.09% return.

AGZD

• 1D: -0.17%
• 1M: 0.89%
• YTD: 1.07%
• 6M: 2.46%
• 1Y: 5.39%
• 3Y*: 6.07%
• 5Y*: 4.09%
• 10Y*: 3.11%

BNDW

• 1D: 0.13%
• 1M: -1.46%
• YTD: 0.09%
• 6M: 0.53%
• 1Y: 3.34%
• 3Y*: 3.77%
• 5Y*: 0.23%
• 10Y*: —

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

AGZD vs. BNDW - Expense Ratio Comparison

AGZD has a 0.23% expense ratio, which is higher than BNDW's 0.05% 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%.

AGZD

WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund

BNDW

Vanguard Total World Bond ETF

Return for Risk

AGZD vs. BNDW — Risk / Return Rank

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

AGZD

AGZD Risk / Return Rank: 87
AGZD Sharpe Ratio Rank: 80
AGZD Sortino Ratio Rank: 86
AGZD Omega Ratio Rank: 80
AGZD Calmar Ratio Rank: 95
AGZD Martin Ratio Rank: 93

BNDW

BNDW Risk / Return Rank: 47
BNDW Sharpe Ratio Rank: 51
BNDW Sortino Ratio Rank: 47
BNDW Omega Ratio Rank: 41
BNDW Calmar Ratio Rank: 50
BNDW Martin Ratio Rank: 49

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. BNDW - 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 World Bond ETF (BNDW). 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	BNDW	Difference
Sharpe ratio Return per unit of total volatility	1.58	0.95	+0.62
Sortino ratio Return per unit of downside risk	2.36	1.34	+1.02
Omega ratio Gain probability vs. loss probability	1.32	1.17	+0.15
Calmar ratio Return relative to maximum drawdown	4.31	1.35	+2.96
Martin ratio Return relative to average drawdown	14.52	4.95	+9.58
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. BNDW - Sharpe Ratio Comparison

The current AGZD Sharpe Ratio is 1.58, which is higher than the BNDW Sharpe Ratio of 0.95. The chart below compares the historical Sharpe Ratios of AGZD and BNDW, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	AGZD	BNDW	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.58	0.95	+0.62
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	1.15	0.04	+1.11
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.82	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.63	0.37	+0.25

Correlation

The correlation between AGZD and BNDW is -0.15. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Dividends

AGZD vs. BNDW - Dividend Comparison

AGZD's dividend yield for the trailing twelve months is around 4.07%, less than BNDW's 4.18% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
AGZD WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund	4.07%	4.12%	3.96%	6.07%	8.61%	1.66%	2.28%	2.83%	2.62%	2.31%	1.81%	1.66%
BNDW Vanguard Total World Bond ETF	4.18%	4.12%	3.90%	3.73%	2.02%	2.58%	1.56%	3.05%	1.66%	0.00%	0.00%	0.00%

Drawdowns

AGZD vs. BNDW - Drawdown Comparison

The maximum AGZD drawdown since its inception was -8.46%, smaller than the maximum BNDW drawdown of -17.22%. Use the drawdown chart below to compare losses from any high point for AGZD and BNDW.

Drawdown Indicators

	AGZD	BNDW	Difference
Max Drawdown Largest peak-to-trough decline	-8.46%	-17.22%	+8.76%
Max Drawdown (1Y) Largest decline over 1 year	-1.14%	-2.70%	+1.56%
Max Drawdown (5Y) Largest decline over 5 years	-2.23%	-16.93%	+14.70%
Max Drawdown (10Y) Largest decline over 10 years	-8.46%	—	—
Current Drawdown Current decline from peak	-0.17%	-1.85%	+1.68%
Average Drawdown Average peak-to-trough decline	-0.78%	-5.05%	+4.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.34%	0.73%	-0.39%

Volatility

AGZD vs. BNDW - Volatility Comparison

The current volatility for WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund (AGZD) is 0.74%, while Vanguard Total World Bond ETF (BNDW) has a volatility of 1.67%. This indicates that AGZD experiences smaller price fluctuations and is considered to be less risky than BNDW based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AGZD	BNDW	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.74%	1.67%	-0.93%
Volatility (6M) Calculated over the trailing 6-month period	2.06%	2.29%	-0.23%
Volatility (1Y) Calculated over the trailing 1-year period	3.47%	3.53%	-0.06%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.56%	5.17%	-1.61%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.79%	4.92%	-1.13%