AGZD vs. FFRAX
Compare and contrast key facts about WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund (AGZD) and Fidelity Advisor Floating Rate High Income Fund Class A (FFRAX).
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. FFRAX is managed by Fidelity. It was launched on Aug 16, 2000.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AGZD or FFRAX.
Correlation
The correlation between AGZD and FFRAX is 0.11, 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. FFRAX - Performance Comparison
Key characteristics
AGZD:
1.55
FFRAX:
3.82
AGZD:
2.37
FFRAX:
11.16
AGZD:
1.28
FFRAX:
3.55
AGZD:
7.52
FFRAX:
12.30
AGZD:
24.00
FFRAX:
61.82
AGZD:
0.28%
FFRAX:
0.17%
AGZD:
4.28%
FFRAX:
2.77%
AGZD:
-8.45%
FFRAX:
-22.22%
AGZD:
-0.88%
FFRAX:
-0.11%
Returns By Period
Over the past 10 years, AGZD has underperformed FFRAX with an annualized return of 2.72%, while FFRAX has yielded a comparatively higher 5.17% annualized return.
AGZD
-0.04%
0.24%
2.99%
6.25%
3.09%
2.72%
FFRAX
0.00%
0.53%
5.08%
10.50%
6.23%
5.17%
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AGZD vs. FFRAX - Expense Ratio Comparison
AGZD has a 0.23% expense ratio, which is lower than FFRAX's 0.98% expense ratio.
Risk-Adjusted Performance
AGZD vs. FFRAX — Risk-Adjusted Performance Rank
AGZD
FFRAX
AGZD vs. FFRAX - 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 Fidelity Advisor Floating Rate High Income Fund Class A (FFRAX). 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
AGZD vs. FFRAX - Dividend Comparison
AGZD's dividend yield for the trailing twelve months is around 3.96%, less than FFRAX's 10.06% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AGZD WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund | 3.96% | 3.96% | 6.07% | 8.61% | 1.66% | 2.29% | 2.83% | 2.62% | 2.35% | 2.11% | 2.37% | 1.69% |
FFRAX Fidelity Advisor Floating Rate High Income Fund Class A | 10.06% | 10.06% | 9.96% | 5.99% | 2.94% | 3.55% | 4.86% | 5.11% | 3.73% | 3.66% | 3.96% | 3.70% |
Drawdowns
AGZD vs. FFRAX - Drawdown Comparison
The maximum AGZD drawdown since its inception was -8.45%, smaller than the maximum FFRAX drawdown of -22.22%. Use the drawdown chart below to compare losses from any high point for AGZD and FFRAX. For additional features, visit the drawdowns tool.
Volatility
AGZD vs. FFRAX - Volatility Comparison
WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund (AGZD) has a higher volatility of 2.03% compared to Fidelity Advisor Floating Rate High Income Fund Class A (FFRAX) at 0.73%. This indicates that AGZD's price experiences larger fluctuations and is considered to be riskier than FFRAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.