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

Correlation

The correlation between AGZD and FPEI is 0.09, 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.


-0.50.00.51.00.1

Performance

AGZD vs. FPEI - 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 First Trust Institutional Preferred Securities & Income ETF (FPEI). The values are adjusted to include any dividend payments, if applicable.

20.00%25.00%30.00%35.00%40.00%JulyAugustSeptemberOctoberNovemberDecember
24.84%
37.37%
AGZD
FPEI

Key characteristics

Sharpe Ratio

AGZD:

1.88

FPEI:

3.24

Sortino Ratio

AGZD:

2.89

FPEI:

4.89

Omega Ratio

AGZD:

1.34

FPEI:

1.69

Calmar Ratio

AGZD:

10.13

FPEI:

2.82

Martin Ratio

AGZD:

29.59

FPEI:

21.71

Ulcer Index

AGZD:

0.25%

FPEI:

0.50%

Daily Std Dev

AGZD:

3.86%

FPEI:

3.38%

Max Drawdown

AGZD:

-8.45%

FPEI:

-27.51%

Current Drawdown

AGZD:

-0.09%

FPEI:

-0.81%

Returns By Period

In the year-to-date period, AGZD achieves a 6.71% return, which is significantly lower than FPEI's 10.83% return.


AGZD

YTD

6.71%

1M

1.03%

6M

3.62%

1Y

7.32%

5Y*

3.20%

10Y*

2.64%

FPEI

YTD

10.83%

1M

0.14%

6M

4.91%

1Y

11.06%

5Y*

3.90%

10Y*

N/A

Compare stocks, funds, or ETFs

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


AGZD vs. FPEI - Expense Ratio Comparison

AGZD has a 0.23% expense ratio, which is lower than FPEI's 0.85% expense ratio.


FPEI
First Trust Institutional Preferred Securities & Income ETF
Expense ratio chart for FPEI: current value at 0.85% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.85%
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. FPEI - 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 First Trust Institutional Preferred Securities & Income ETF (FPEI). 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.


Sharpe ratio
The chart of Sharpe ratio for AGZD, currently valued at 1.88, compared to the broader market0.002.004.001.883.24
The chart of Sortino ratio for AGZD, currently valued at 2.89, compared to the broader market-2.000.002.004.006.008.0010.002.894.89
The chart of Omega ratio for AGZD, currently valued at 1.34, compared to the broader market0.501.001.502.002.503.001.341.69
The chart of Calmar ratio for AGZD, currently valued at 10.13, compared to the broader market0.005.0010.0015.0010.132.82
The chart of Martin ratio for AGZD, currently valued at 29.59, compared to the broader market0.0020.0040.0060.0080.00100.0029.5921.71
AGZD
FPEI

The current AGZD Sharpe Ratio is 1.88, which is lower than the FPEI Sharpe Ratio of 3.24. The chart below compares the historical Sharpe Ratios of AGZD and FPEI, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio2.003.004.005.00JulyAugustSeptemberOctoberNovemberDecember
1.88
3.24
AGZD
FPEI

Dividends

AGZD vs. FPEI - Dividend Comparison

AGZD's dividend yield for the trailing twelve months is around 4.03%, less than FPEI's 6.03% yield.


TTM20232022202120202019201820172016201520142013
AGZD
WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund
4.03%6.07%8.61%1.66%2.29%2.83%2.62%2.35%1.95%2.37%1.69%0.05%
FPEI
First Trust Institutional Preferred Securities & Income ETF
6.03%5.75%5.20%4.46%4.91%5.02%5.83%1.49%0.00%0.00%0.00%0.00%

Drawdowns

AGZD vs. FPEI - Drawdown Comparison

The maximum AGZD drawdown since its inception was -8.45%, smaller than the maximum FPEI drawdown of -27.51%. Use the drawdown chart below to compare losses from any high point for AGZD and FPEI. For additional features, visit the drawdowns tool.


-1.20%-1.00%-0.80%-0.60%-0.40%-0.20%0.00%JulyAugustSeptemberOctoberNovemberDecember
-0.09%
-0.81%
AGZD
FPEI

Volatility

AGZD vs. FPEI - Volatility Comparison

WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund (AGZD) has a higher volatility of 1.24% compared to First Trust Institutional Preferred Securities & Income ETF (FPEI) at 0.75%. This indicates that AGZD's price experiences larger fluctuations and is considered to be riskier than FPEI 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%1.60%1.80%JulyAugustSeptemberOctoberNovemberDecember
1.24%
0.75%
AGZD
FPEI
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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