AGZD vs. SEIX
Compare and contrast key facts about WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund (AGZD) and Virtus Seix Senior Loan ETF (SEIX).
AGZD and SEIX 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. SEIX is an actively managed fund by Virtus Investment Partners. It was launched on Apr 24, 2019.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: AGZD or SEIX.
Key characteristics
| AGZD | SEIX | |
|---|---|---|
| YTD Return | 2.52% | 2.22% |
| 1Y Return | 8.39% | 11.00% |
| 3Y Return (Ann) | 3.67% | 5.42% |
| 5Y Return (Ann) | 2.84% | 4.93% |
| Sharpe Ratio | 2.78 | 3.57 |
| Daily Std Dev | 3.12% | 3.15% |
| Max Drawdown | -8.45% | -17.51% |
| Current Drawdown | 0.00% | -0.87% |
Correlation
The correlation between AGZD and SEIX is 0.14, 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. SEIX - Performance Comparison
In the year-to-date period, AGZD achieves a 2.52% return, which is significantly higher than SEIX's 2.22% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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AGZD vs. SEIX - Expense Ratio Comparison
AGZD has a 0.23% expense ratio, which is lower than SEIX's 0.57% expense ratio.
Risk-Adjusted Performance
AGZD vs. SEIX - 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 Virtus Seix Senior Loan ETF (SEIX). 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. SEIX - Dividend Comparison
AGZD's dividend yield for the trailing twelve months is around 6.15%, less than SEIX's 9.18% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
AGZD WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund | 6.15% | 6.07% | 8.61% | 1.66% | 2.28% | 2.83% | 2.62% | 2.31% | 1.95% | 2.37% | 1.69% | 0.05% |
SEIX Virtus Seix Senior Loan ETF | 9.18% | 8.74% | 5.76% | 4.16% | 3.75% | 3.82% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
AGZD vs. SEIX - Drawdown Comparison
The maximum AGZD drawdown since its inception was -8.45%, smaller than the maximum SEIX drawdown of -17.51%. Use the drawdown chart below to compare losses from any high point for AGZD and SEIX. For additional features, visit the drawdowns tool.
Volatility
AGZD vs. SEIX - Volatility Comparison
WisdomTree Interest Rate Hedged U.S. Aggregate Bond Fund (AGZD) has a higher volatility of 0.86% compared to Virtus Seix Senior Loan ETF (SEIX) at 0.51%. This indicates that AGZD's price experiences larger fluctuations and is considered to be riskier than SEIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.