AGZD vs. IBIF
AGZD (WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund) and IBIF (iShares iBonds Oct 2029 Term TIPS 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 IBIF is a Inflation-Protected Bonds fund tracking the ICE 2029 Maturity US Inflation-Linked Treasury Index. Both are passively managed. Over the past year, AGZD returned 5.50% vs 3.63% for IBIF. At a correlation of -0.09, they often move in opposite directions. AGZD charges 0.23%/yr vs 0.10%/yr for IBIF.
Performance
AGZD vs. IBIF - Performance Comparison
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Returns By Period
In the year-to-date period, AGZD achieves a 2.35% return, which is significantly higher than IBIF's 1.13% return.
AGZD
- 1D
- 0.02%
- 1M
- 0.18%
- YTD
- 2.35%
- 6M
- 2.55%
- 1Y
- 5.50%
- 3Y*
- 5.81%
- 5Y*
- 4.33%
- 10Y*
- 3.27%
IBIF
- 1D
- -0.14%
- 1M
- -0.31%
- YTD
- 1.13%
- 6M
- 1.18%
- 1Y
- 3.63%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
AGZD vs. IBIF - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
AGZD WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund | 2.35% | 4.35% | 6.64% | 2.06% |
IBIF iShares iBonds Oct 2029 Term TIPS ETF | 1.13% | 7.27% | 3.11% | 3.95% |
Correlation
The correlation between AGZD and IBIF is -0.16, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | -0.16 |
Correlation (All Time) Calculated using the full available price history since Sep 21, 2023 | -0.09 |
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Return for Risk
AGZD vs. IBIF — Risk / Return Rank
AGZD
IBIF
AGZD vs. IBIF - 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 iShares iBonds Oct 2029 Term TIPS ETF (IBIF). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| AGZD | IBIF | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.19 | ||
| Sortino ratioReturn per unit of downside risk | +0.10 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.34 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 7.55 | 3.84 | +3.71 |
| Martin ratioReturn relative to average drawdown | 22.66 | 11.95 | +10.71 |
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Drawdowns
AGZD vs. IBIF - Drawdown Comparison
The maximum AGZD drawdown since its inception was -8.46%, which is greater than IBIF's maximum drawdown of -2.50%. Use the drawdown chart below to compare losses from any high point for AGZD and IBIF.
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Drawdown Indicators
| AGZD | IBIF | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.46% | -2.50% | -5.96% |
Max Drawdown (1Y)Largest decline over 1 year | -0.73% | -0.95% | +0.22% |
Max Drawdown (3Y)Largest decline over 3 years | -1.71% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -2.23% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -8.46% | — | — |
Current DrawdownCurrent decline from peak | -0.49% | -0.88% | +0.39% |
Average DrawdownAverage peak-to-trough decline | -0.77% | -0.55% | -0.22% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.24% | 0.30% | -0.06% |
Volatility
AGZD vs. IBIF - Volatility Comparison
WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund (AGZD) has a higher volatility of 1.15% compared to iShares iBonds Oct 2029 Term TIPS ETF (IBIF) at 0.75%. This indicates that AGZD's price experiences larger fluctuations and is considered to be riskier than IBIF based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| AGZD | IBIF | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 1.15% | 0.75% | +0.40% |
Volatility (6M)Calculated over the trailing 6-month period | 2.08% | 1.46% | +0.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.84% | 2.07% | +0.77% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.60% | 3.54% | +0.06% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.72% | 3.54% | +0.18% |
AGZD vs. IBIF - Expense Ratio Comparison
AGZD has a 0.23% expense ratio, which is higher than IBIF's 0.10% 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. IBIF - Dividend Comparison
AGZD's dividend yield for the trailing twelve months is around 3.98%, more than IBIF's 3.77% 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% |
IBIF iShares iBonds Oct 2029 Term TIPS ETF | 3.77% | 4.51% | 4.05% | 0.96% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
AGZD and IBIF have a correlation of -0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
AGZD has higher volatility (1.15%) compared to IBIF (0.75%). In terms of maximum drawdown, AGZD dropped -8.46% vs IBIF's -2.50%.
On 1-year performance, AGZD leads with 5.50% vs 3.63% for IBIF. On fees, IBIF is cheaper at 0.10% per year. On volatility, IBIF has been the lower-risk option at 0.75%. The better choice depends on whether you care most about return, fees, risk, or income.
Over the 1-year period, AGZD has performed better with a 5.50% return vs 3.63%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.
IBIF is cheaper with a 0.10% expense ratio, compared with 0.23% for AGZD.
AGZD has the higher dividend yield at 3.98%, compared with 3.77% for IBIF.
AGZD is categorized as Nontraditional Bonds, while IBIF is Inflation-Protected Bonds. AGZD tracks Bloomberg Rate Hedged U.S. Aggregate Bond Index, Zero Duration, while IBIF tracks ICE 2029 Maturity US Inflation-Linked Treasury Index. They also come from different issuers: WisdomTree and iShares. Their fees differ too: 0.23% for AGZD and 0.10% for IBIF.
AGZD currently has the higher Sharpe Ratio (1.95 vs 1.76), 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.
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